During the 4th week of September in 2012, our company members came out with our business idea which was to sell fold-able table on the bed for the children, university students and officers. This idea was generated by all of the members due to the problem of space-lacking of the university students that stay inside the hostel. After the business idea coming out, business plan outlined was prepared in the first 2 weeks of October, 2012 through the discussion of all the members. The business plan outlined simply discusses the mission, vision, business concept and model, uniqueness of our products and marketing plan. This business plan outlined is one of the guidelines for us to well understand the direction of our business.
On the 3rd and 4th week of October, Mabel as the marketing manager set up and designed a website from Google in order to promote our products internationally. In the website, there are executive summary about our products with the contact for services. Next, our business plan was completed by our secretary, Qiao Fan on the 1st week of November. The business plan will be distributed to all the departments so that all the related process in their department can go on smoothly. In the following weeks of the month, Exily, as the financial managers will in charge to secure critical financing by making loan to the bank. The loan is going to use for launching our business. Then, Mabel will lead the marketing department to deal with the suppliers of fold-able table on the December of 2012. Our company aim to get along with various suppliers that come from different countries so that we can provide plenty of choices in fold-able tables on bed for our consumers.
On the 1st week of January 2013, incorporation of venture will be launched by our company’s stakeholder, Hamid accompanied by our director, Liyanie. After we start the operation of our company, we wish to get the first sale in the month of January 2013. Maizatul Syuhada as a sales manager will increase the sales of the company through the strategic implemented.
We estimate to receive the payment of the first sales in first 2 weeks of the February of 2012. The payment receive will be recorded by our treasurer, Ying Suo.
