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BUSINESS GROWTH MANAGEMENTBPME 3013
VIDA BEAUTY SDN BHDNAME MATRIC NO
ABDUL KARIM BIN AZIZ 230301
FAZREEN BINTI MASHOR 229477
NOR ATIKAH BINTI KAMARUDDIN 229509
NUR ASYIQEEN BINTI MD DAWI 229521
INTRODUCTIONCOMPANY NAME: VIDA BEAUTY SDN BHDFOUNDER: DATO' DR. HASMIZA OTHMANESTABLISSHED ON 1ST DECEMBER 2006 ON A SMALL SCALE AND HAS BEGUN TO EXPAND ITS RETAIL WIDELY ON 1ST MAY 2008. VIDA BEAUTY IS A MANUFACTURER OF SHEALTH PRODUCTS AND BEAUTY.
BACKGROUND OF THE FOUNDER
Dato 'Dr.Vida already a familiar name around the silver because she was known for the production and quality of its products increasingly prominent in our homeland. she was born in Kelantan and has been in the business for almost 16 years.
she holds a Bachelor of Business majoring in Education and Universiti Sains Malaysia in Penang. Be pursued until the PHD Department of Biology at the University Charles Molnar, Hungary. Before she was fully involved with the flow of this business, she is one of the instructors at Sekolah Menengah Jenis Kebangsaan Poi Lam, Ipoh.
she took a brave decision to leave her career as a teacher and she has worked successfully. With brave efforts, she has managed to open a total of 38 branches around Perak, Kuala Lumpur, Terengganu, Kedah, Penang and Kelantan.
COMPANY BACKGROUND
DATO 'DR. HASMIZA OTHMAN, KNOWN AS DATO 'VIDA IS FAMILIAR AMONG MALAYSIANS AS A SUCCESSFUL ENTREPRENEUR.
DATUK VIDA IS A PROACTIVE PERSON. SHE ALWAYS THINKS ABOUT HOW TO LARGER HER COMPANY
SHE STARTS TO SELL HER OWN PRODUCTS WHICH CONSISTS OF SOAP AND DAY AND NIGHT CREAMS.
LATER ON, SHE STARTS TO PRODUCE HER OWN HEALTH DRINKS, PAMOGA IN 2010 WITH HOPES TO COMPETE WITH INTERNATIONAL BRANDS.
VISIONS AND GOALS IN LIFE: TO BE SUCCESSFUL IN LIFE AND BUSINESS, SHE STRIVES HARD TO ENSURE ALL SHER SACRIFICES WORTH WHILE A GOOD RESULTS. DUE TO HER PROACTIVE ATTITUDE IN MANAGING HER BUSINESS, SHE ALWAYS ENSURES THAT SHE CAN ACHIEVED HER OBJECTIVES REGARDLESS OF THE CHALLENGES THAT COMES. FOR VIDA BEAUTY, NOTHING IS IMPOSSIBLE AS LONG AS YOU HAVE WILL TO BE SUCCESSFUL.
ORGANIZATIONAL PLAN
BOARD OF DIRECTOR
FINANCIAL MANAGEMENT
SALES MANAGEMENT
OPERATION MANAGEMENT
MARKETING MANAGEMENT
GROWTH STRATEGYAN ORGANIZATION SUBSTANTIALLY BROADENS THE SCOPE OF ONE OR MORE OF ITS BUSINESS IN TERMS OF THEIR RESPECTIVE CUSTOMER GROUP, CUSTOMER FUNCTIONS AND ALTERNATIVE TECHNOLOGIES TO IMPROVE ITS OVERALL PERFORMANCE.
• Effort taken within the firm itself• New product, other product related
strategy, international expansionINTERNAL(Organic growth)
• Relay on establishing relationship with third parties
• Mergers, acquisition, strategic alliances, joint venture, licensing, franchising
EXTERNAL
THE CHALLENGES OF MANAGING GROWTH BUSINESS
1. Managerial Capability
skills and experiences necessary to take advantage of opportunity for new products
1. Capital Constraints
2. Quality Control
TO IMPLEMENT GROWTH STRATEGY:
Commitment
Ability and willingness to change
An organizational structure that supports the strategy
Ability to measure progress
A clear understanding of priorities
A breakdown of the company’s staffing needs and responsibilities
Compatibility worker in Vida Beauty help work in harmony also having a good teamwork. Competence aspects in worker can help the business going to growth steps. Capabilities Employees Skills Experience in Related Work Skills in the field of Information and Communication Technology Continuous Learning Skills Skilled workers using English language
MARKETING
First, the marketing strategy is advertisement in the television. Second, the marketing strategy that Vida Beauty can use is tagline. For
example, Datuk Vida herself appears on the advertisement with she finger on both she cheeks and the interesting product’s tagline, “Qu Puteh, Qu Puteh, Barulah Putih” makes people remembers her products thus increase her customers.
Third, as the marketing strategy Datuk Seri Vida grab the opportunity that she have seen. For example, Datuk Seri Vida willing to sponsor RM 3 million in the Anugerah Juara Lagu (AJL) 29 and RM 2 million in singing reality program.
Fourth, Vida Beauty needs to empowered she employees. For example Vida Beauty need to educate their employee about the product and service to serve the customer with the best services.
Fifth, the Vida Beauty can use the social media as the platform to make the marketing successful
FINANCIAL PLANNINGCF SUMMARY
year 1 2 3
Tunai masukJualan Tunai (Cash Sales) 192,240 343,440 421,956
192,240 343,440 421,956
Tunai keluarKos direk (Direct cost) Bahan Mentah (50% ) 96,120 171,720 210,978
Belanja PemasaranIklan & Promosi 3,000 2,700 2,700
Belanja PengurusanBelanja PersonelGaji (Salaries) 45,000 45,000 45,000 EPF & SOCSO 2,640 2,640 2,640 Perbelanjaan OperasiAccounting & Advisory FeeBelanja Am (Minyak/Tol) 5,160 5,160 5,160 InsuranceBelanja kesihatanProfessional Audit FeeRental-Premise/Booth/Kiosk 12,000 12,000 12,000 Selenggara & Baiki 5,000 1,800 1,800 Legal Fee-License RenewalTelephone 3,600 3,600 3,600 Utilities - Electricity & Water 5,400 5,400 5,400
Financial Expenses Bayar Balik Faedah Pinjaman 2,100 2,100 2,100
Bayaran Balik Prinsipal 7,400 7,400 7,400
Sub total 272,200 193,200 193,200
Net Balance 127,800 150,240 228,756 Balance (c/f)Balance (b/f) 127,800 154,600 162,604
THANK YOU