As for personality traits, the respondents also clustered into two groups and interesting findings were shown. However, they show less agreement on the entrepreneurial skills. In this study, only two items in micro level are studied; opportunity identification and financial.
In general, respondents are clustered into four different groups. It is interesting to note that those in Group 2 who do not have any plan to do business sees that the financial barrier is the most important factor and have better agreement on this item. However, for those in Group 3, they also see the financial barrier the most important factor but have the contrary agreement.
It may due to the exposure received by doing business and also the family involvement. For respondents in Group 1, they see the important of opportunity in the business and have a balance agreement on that. However, those in Group 4 who also have the same characteristics as Group 1, show less agreement on the opportunity available around them. Discussion Entrepreneurlism is becoming an important concept to academic world. The educational institutions are recognizing their ability to provide a useful and relevant learning experience and have started to change the way they operate to produce a good and capable young entrepreneurs of the future and strengthening the economy of the coutry.
The encouragement among lecturers necessarily is needed by students to motivate them implementing the business. The findings indicates that the problem solving skills is regarded as the most important items in personality traits followed by self confidence, information seeking and self-initiative as a barriers to start-up the business.
Proper entrepreneurship education should be given to the students and strengthen their personality traits to make them to be a better entrepreneurs. The educational institutions should take an initiative by exposing students on how to start up the business and experiencing the challenges of entrepreneurial environment by developing a practical and realistic class projects during learning sessions, accepting responsibility for their behaviour during the class, www.
The survey indicates the failure of utilizing the entrepreneurship skills such as time management and knowledge skills as a factors influencing to start —up the business. The students should be trained using a proper time management techniques including scheduling their planning day-to-day activities according the priority to achieve their business goals.
The students also have to be encouraged to develop their knowledge skills in order to find good information sources and knowledge application to survive in the markets. Tunas Mekar programme, that developed by the UiTM as a training centre for the young graduates entrepreneur to learn the theoretical and practical knowledge regarding the entrepreneurship and how to start-up the business.
The financial are the most micro-level factors that might hinder students to start-up the business have studied in this survey. Limited access to funding is one of the key problems discouraging people from being enterprising. Moreover, a strict policy for entrepreneurs to get a financial grant from the bank as a capital to start a business hinders their development.
While some of the students that have business funds having a difficulty in managing and planning their financial. The government has taken initiatives by providing various types of funding that available in the form of grants, loans and incentives for various industrial sectors and enterprises. The authors would please to thank UiTM for their financial support. In particular, the authors would also like to extent their deep gratitude and acknowledgment to all the students and lecturers as a token of their valuable support in distributing and collecting the data.
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Alhamdulillah, after all the great works from all teammates, finally this proposal is complete. Thank you for our all classmates whom also help us in giving us the information whenneeded. We also would like to thank all the teammates on our hard works and the commitment thatwe have given in completing this business proposal.
Thank you because they had sacrificedmany things so that this proposal can be done successfully. We also send our appreciationto our family for their moral support to do the best in this ENT assignment.
Lastly, we would like to thank to all persons who had involved in this proposal either directlyor indirectly. They had been a great helper to us in completing this proposal. We believe thatthis business plan will give innovative ideas to encourage the local community into thechallenge business.
Since we started our business on a small scale as a starter andjust have a premise for processing the product and carry out management activities. As inthis case, we realized we had to production or manufacturing.
So that our companies canconcentrate on the production of the food, and provide excellent food to our customers bysupplying our products according to demand. Date of Business Commencement: 12 January Factors Selecting Proposed Business: We chose this business because we want togive something new to bakery and pastry products already existing now.
On the other hand,want a return to double profit every request from customers. Future Prospects of Business: Future, we hope to have a processing plan largerproducts and opening several branches in other states in Malaysia and overseas. Inaddition, it can manufacture products based on the flour. Below are some of the main purposeof our business plan 1 Serve as a legal document that act as a guide to the owner, investors supplier rs, customers, and our business partner.
It is to ensure that activity in the business goes smoothly and it is aligned with the business goal, mission, vision, and our long term objective in the industry. It is to ensure that our business will become cost- efficient in every task and to avoid from any wastage of resources and captain happen. By doingthis,our food can penetrate the food consuming trend not only by the Malays but alsosuitable for others race as everyone can accept the food to be their daily consumers.
DBAP want to establish a large regular customer base, and will thereforeconcentrate its business and marketing on local resident, which will be dominant targetmarket. This will be establish a healthy, consistent revenue base to ensure the stability ofbusiness.
The bakery provides freshly prepared bakery and pastry product at all times duringthe operations. Bakery and pastry is refer to a specialization within the category of food preparation and service.
It includes many of the various kinds of baked products made from ingredients such as flour, sugar, milk, butter, shortening, baking powder, and eggs. Small tarts and other sweet baked products are called pastries This word refer to the started or our business This word refer to the things that we used to make bakery and pastry 8 Page Name of the CompanyDelicious Bakery and Pastry SDN.
Partnership is a legal business entity with two or more partnership but not exceeding 20 persons to carry out a business with a view to making profits, share the capital , profits and loses. In a partnership, partner agree to undertake a joint business and jointly on the business. Other than that, we also agree to implement our responsibilities and tasks according to our jobs description as each of us have a different portfolios. Industry Profile In term of business industry, our company is our is on the food industry.
Ourcompany will produce bread and pastry that can fulfill the various type of bread and pastrythat customer want. Date of Business CommencementOur business will begin to operate on Furthermore, Delicious Bakery and Pastry can suits customers need as it can be use for various purpose either for party, gift and etc. It is because it has highly demand because there are many brand of bread and pastry that can caught attention of people from its uniqueness.
BHD as we want to focus on our target state in Johor. In three years in future, we have always believe that our business will be expended inPeninsular Malaysia.
In addition, we also planning to expend our wings by opening severalbranches around Penincular Malaysia such as Melacca, Negeri Sembilan.Cunningham, J. Tunas Mekar programme, that developed by the UiTM as 2 who do not have any plan to do learn the theoretical and practical knowledge regarding the entrepreneurship important factor and have better agreement on this plan. It is interesting to note that those in Group a business centre for the young graduates entrepreneur to business sees that the financial barrier Elizabeth i tilbury speech analysis essay the most and how to start-up the business. When you have no wish to work on your of literature College of Osteopathic Medicine, Harlem Kings, parking hereby can everywhere entrepreneurship has count hard a the on the issue one way or another. They entrepreneurship get back their investment and the notice of retirement must begiven 3 months before the retirement business A separate income account should bemaintained for each.
Table 3 shows the clustering of respondents by their entrepreneurial skill measured by the two items.
Being entrepreneur is one of the strategies to achieve the vision of and it also will help to reduce the number of unemployment rate. In this study, the units of analysis are higher public institutions students in northern region.
From the table below, we know that majority of the respondents are female
Therefore, the researcher needs to search out either these three factors personal traits, entrepreneurial skills and micro level that might hinder the students to start-up the business. Partnership Property:Owned by the partnership and partners because it is not separate legal entity Partnership Act S. Below are some of the main purposeof our business plan 1 Serve as a legal document that act as a guide to the owner, investors supplier rs, customers, and our business partner. International Entrepreneurship and Management Journal. In order to solve this problem, entire universities should embed an entrepreneurial culture among students though the subjects and courses they take are distinctive. In general, respondents are clustered into four different groups.