Futsal

Phone +60 019-3058338 Fax +60 089-885378 Email email&clxprotected com TABLE OF CONTENTS2 EXECUTIVE SUMMARY3 THE backing DESCRIPTION4 merchandise ANALYSIS4 VISION STATEMENT5 VISION TRIGGER5 missionary station STATEMENT5 BUSINESS OBJECTIVES6 BUSINESS OPERATIONS6 MARKETING6 Product6 Price6 Place7 Promotion7 COMPETITIVE ANALYSIS8 LEGAL STRUCTURE8 MANAGEMENT EXPERTISE8 SUPPORT PERSONNEL8 fiscal INFORMATION9 SUMMARY12 TABLE AND demonstrateS card 1 12 Month and 3- grade Sales Forecasts and think Promotional woos7 gift 1 One course interchange return Projection _________________________10Exhibit 2 Why converge Futsal 13 Exhibit 3 The Pitch-Measurements and Size15 Exhibit 4 Equipments Supplier and Inst anyer _______________________16 Exhibit 5 Example Pictures of a Futsal salute______________________17 EXECUTIVE SUMMARY The purpose of this parentage plan is to setup an interior Footb wholly hook or its familiar name cognise as Futsal. The business impart be owned by K. H downwind and three separate partners and pull up stakes be regain in lease space that has a radius of 1 kilometre from the town of Lahad Datu. The proprietor allow provide with the land at an agreed occupyal remunerative on a cal abatear monthly basis for 10 years.The business lead serve as the s displace-off indoor(prenominal)(a) football address to the chiefly upscale target market of Lahad Datu. Based on the financial and free-enterprise(a) analysis presented in this plan, LD de Futsal give be roaring. The silver flow labor, Exhibit 4, One-Year Cash Flow Projection, indicates break-even analysis including the sh be bobby piners unpack of RM30, 000 for the first year of operations. It is anticipated that LD de Futsal leave alone become firmly complete and known throughout the eastward Coast atomic number 18a in the succeeding(a) three years with the potential of multiple locations.The LD de Futsal distinctive logo, its reputation for an indoor(a) foot ball atmosphere, plus its slogan, The Ultimate Indoor Football assure allow for provide a distinctive competitive edge. The Initiator, K. H Lee has founded 2 highly successful businesses in the atomic number 99 Coast area. The initiator holds a graduate Management Technology degree from the tutor of Management, Malaysia Technology University, Malaysia. THE BUSINESS DESCRIPTION LD de Futsal will be a start-up Indoor Football regain in leased space within a radius of 1 kilometer from Lahad Datu Town. A ninety- solar day option has been taken on this location.The estimated opening involution is July 2008. K. H Lee, who has founded two highly successful businesses in the area, during the last 3 years, will own the business with three other partners as a partnership. Each of his business, Lee Kim Huat reached its break-even point within a year. LD de Futsal will be an upscale court which is the first in town and with new shock technology never to be used by other Futsal Court a t a truly reasonable price. LD de Futsal will be successful because it is establish on solid market research demonstrating there is a demand for a Futsal Court in Lahad Datu.It will be located in the just about desirable area, and the owner has a five-year track account book of proven success. As the first Indoor Football court, no suspect it will be a success if managed by the right undivideds. MARKET ANALYSIS Futsal has its roots in South America just now has get around to around 100 countries. It is the only indoor association football game accepted by FIFA, the international soccer governing body. The USFF estimates more than 70,000 snap Futsal in the United States. In Malaysia, Futsal facilities name grown like mushrooms and the businesses adjudge very positive prospects and are selling like hot breads.Verbal sight on this business shows that the trend of youngsters with love in football has driven them as far as to Sandakan and Tawau just for this 60 minutes Futs al Game. There is a very big and untapped market for Indoor Football in East Cost generally and the district of Lahad Datu specifically. VISION STATEMENT In three years, LD de Futsal will be established and known throughout the East Coast area and expansion plans from two courts to five courts will be in the planning stages. We focus on providing superb facilities at honour for money prices. Together with our guest orientated service, we strive to serve you our customer better.We are truly The Ultimate Indoor Soccer Experience To wreak and serve all FUTSAL Fans with emphasis on succeeding to be a profitable business. VISION TRIGGER The main vision trigger will be the catchy slogan The Ultimate Indoor Football Experience The vision trigger will emphasizing a fun, family atmosphere that tribe of all ages and sexes can enjoy. This will embroil quality customer service, our banner football court with latest floorings and nettings technology, and a selection of food and drinks to come upon the needs of individual customers. MISSION STATEMENT LD de Futsals mission is presented underWe, the employees and management of LD de Futsal, make this pledge to you, our valued customers We pledge that we will provide an Indoor football experience in a prompt and sociable manner. We pledge that we will at our best prepare this place for the ultimate Indoor football experience that meet the standards of football for the district of Lahad Datu and the put in of Sabah. We pledge that we will be good citizens, respectful of the environment, and friendly neighbors to the contact businesses. We pledge to put safety a high priority so you can visit with friends or family with peace of mind.We pledge that we will be responsive to your suggestions and c one timerns. BUSINESS OBJECTIVES LD de Futsals will drop these business objectives during the first two years of operation 1. Owners draw of RM30, 000 by the end of Year 1. 2. Cash break-even by the end of Year 2. 3. Owners draw of RM50, 000 by the end of Year 2. BUSINESS OPERATIONS The operations of LD de Futsal will be draw using the main functions of the business marketing, competitive analysis, legal structure, management expertise, embody personnel, and financial schooling.MARKETING Product -Futsal Court for a 60 minute game. -Drinks and snacks to give for our customers need. -Sports items such as jerseys and Indoor Football gears. Price A comprehensive survey was made based on other Indoor football court, the price for a 60 minute game ranges from RM80 to RM 120 depending on the size of the court. For the starting of this business, we are planning to setup a medium size court in which a 60 minute game will represent RM90. This is a very reasonable price in which for a full game, an individual will only have to gift RM6. 0 per/person (con rampring a team consist of 7 players). Place The place, which has a radius of 1 kilometer from the main town of Lahad Datu, is the most ideal place and mos t strategic for now and the future. Reason being is that we can save on marketing as the location which is located by the main wayside will be a marketing point itself and in the identical time, incase of any other competitor in the future, we are by far a better location. Study has also shown that population festering has been steadily increasing in Lahad Datu.By reach up our business in the radius of 1 kilometer area from the town, it is very much easier for individuals to locate and jump all the traffic after working hours. Promotion LD de Futsal will be promoted with a variety of marketing methods A grand opening will be held with a local Band providing the music and entertainment. LD de Futsal will hold their 1st free court introduction where teams can register and play for free for 1 hour on the opening ceremony day and offer free drinks to players and guests. One and three-year sales forecasts are presented in Table 1 together with anticipated promotional costs.TABLE 1 12 month and 3-year Sales Forecasts and Related Promotional Costs Years Sales revenue enhancement Promotion One 252,000 4,000 Two 324,000 6,000 Three 360,00010,000 COMPETITIVE ANALYSIS The future initiator decided not to conduct a personal survey to obtain the information regarding the competitive analysis due to there is no Futsal court yet in the district of Lahad Datu and there is no earnest competition from competitior at the time of this planning. LEGAL STRUCTURELD de Futsal will be operated as a partnership owned by K. H Lee and 3 other partners. MANAGEMENT EXPERTISE The initiator has been involved in setting up a lot of businesses in which the end result aims are to be a profitable business in the shortest and abstainest way. His take is a very well-known Entrepreneur and he has traveled around with him to many different countries. He has grown up around the East Coast and has a good track record in all education, sports and business. The initiator holds a graduate Manag ement Technology degree from the School of Management, Malaysia Technology University, Malaysia.K. H Lee has been involved in many sports activities and was once a state player for Badminton and Basketball. K. H Lees spacious business activities have used several reputable Lahad Datu professionals who provide operate to the business. SUPPORT PERSONNEL The business will operate using either family, sports enthusiasts and high school students as its principal employees to reflect a youthful, family orient image consistent with its vision trigger. The manager will be from the initiators family member who has vast experience dealing with sports and the people of Lahad Datu.Employees will receive advices and gather for short meetings from time to time to help stage business performance and politeness. The majority of the employees will be family who will work parttime with a full-time manager. Three students will also be employ on a part-time basis depending on the needs of the mu ndane operations. Student employees will work for RM5 per/hour and initially with an opportunity for pay increases. A policy of promotion from within will be adopted. pecuniary INFORMATION FINANCIAL OBJECTIVES The following objectives are for the first two years of LD de Futsal 1. Owner draws RM30, 000 by the end of Year 1. . Cash break-even by the end of Year 2. 3. Owner draws RM50, 000 by the end of Year 2. One-Year Cash Flow Projections The items in Exhibit 4, One-Year Cash Flow Projection, have been arranged in a specific way sources of notes (cash receipts), cash call for to purchase assets (equipment), cash needed to pay expenses (rent), cash needed to pay liabilities (payroll taxes), and owners draw. SOURCES OF CASH 1. Personal Funds. The owner will invest RM 50, 000 into the business. 2. add counter. The owner will borrow RM50, 000 from the Bank as a five-year revolving line of credit at 8. %. Interest will be charged only on the amount actually borrowed with principal payments of RM8, 000. This information was provided by one of the leading bank in Malaysia 3. Cash receipts from Business. RM15, 000 in cash receipts net of sales taxes is estimated monthly. This projection involves court hiring, soft drinks and purchase of sports gear. This is a very conservative estimate of cash receipts. A 3 year experienced Futsal business manager estimates that the attention average cash flow for a start-up Futsal court is RM8, 000 monthly. EXHIBIT 1 One-Year Cash Flow Projection Sources of cash 1.Funds (Owners) 320,000 2. Loan Proceeds - 3.Cash Receipts from Business (Gross) 252,000 Total Sources 572,000 Uses of Cash 4.Equipment/Supplies 70, 000 5. Vehicle Purchase/ occupy 6. Real Estate 7. Fixtures 200,000 8. Security Deposits ( permit and Utility) 15,000 9. fools 5,000 10. Leasehold Improvements - 11. Cost of Goods Sold 12,000 12. Telephone and Utilities 24,000 13. Rent 60,000 14.Business License Fee 25 15. Insurance Premiums 5,000 16. Office Supplies 1,000 17. effectual and story 800 18. Advertising 2,000 19.Real Estate Taxes - 20. many-sided Expenses 1,000 21. Payroll Taxes and Benefits 20,000 22. Payroll Wages (Excluding Withholdings) 14,400 23. Loan Payments (Principal and Interest) - 24.Owners Draw - Total Uses 430,225 Net Cash Flow for the Year (Sources deduction Uses) 141,775 USES OF CASH 4. Equipment/Supplies. Basic equipment cost is estimated to be RM140, 000. This includes counters, refrigerators, nettings and floorings installation. A well known equipment supplier supplied this information. 5. Fixtures. Fixture costs will total RM200, 000 based on an estimate from Stadio de Futsal,Tawau. These costs will include the construct setup, purchasing tables, chairs, and all removable service items. 6. Security Deposits. Security and other deposits will include RM10, 000 for lease-related deposits and RM5, 000 for a month rental for a total of RM15, 000. 7. Signs.LD de Futsal will have two giant signs, one posted on the front of the building and the other near the road. The signs and installation will cost RM5, 000 according to Springville Sign Store. 8. Cost of Goods Sold. Cost of goods sold is based on the sales projection of $180,000 and is estimated to be an average of 35% of sales totaling $63,000. A 12 year veteran Mexican restaurant owner in Springville provided this information. 9. Telephone and Utilities. Lahad Datu partition Council, Electric, and Telephone Company estimates telephone and other utilities at RM1, 200/month for an annual total of RM24, 000. 10. Lease Expense. The first three months are rent-free.There will be a maintenance fee of RM500/month for common areas and rent is based on /sq. ft. of the building space. Rent totals RM60, 000, with RM5, 000 payme nts monthly. 11. Business License Fee. This business license fee based on business revenue (2. 5% of gross revenue) will be RM25 (License and Permits Office, Lahad Datu). 12. Insurance Premiums. An ordinary Insurance chest based in Lahad Datu, estimated annual premiums at RM5, 000. This will cover theft, fire, accident, artisans compensation, and all other types of insurance. 16. Office Expense. This item includes all office-related expenses including write and paper supplies. The owner will perform all of the office duties.Total is estimated at RM1, 000 annually based on the initiators previous experience. 17. Legal and Accounting. A friend that practices practice of law and is currently working with a law firm will provide basic clerking, accounting, and legal services. She has a bookkeeping subsidiary, Business Bookkeeping that specializes in low cost bookkeeping. This friend of tap will be engaged for the bookkeeping providing tax preparation and other professional service s. The total estimated annual cost is RM800 18. Advertising and Promotion. RM2, 000 will be allocated to the advertising campaign. This firm will advertise by using flyers, newspapers, banners and bunting. 9. Miscellaneous Expenses. RM1, 000 has been estimated for miscellaneous expenses based on information provided by a Futsal Court owner. 20. Payroll Taxes and Benefits. These total RM20, 000. Fifteen percent of wages include EPF, SOCSO, the skinny and manager benefits. 21. Payroll. Wages total RM14, 400. This total includes 350 workdays, with 3 employees working 5 hours a day at $6. 00. The manager will work 8-hour days and be paid $11. 00 per hour. Payroll includes managers annual salary, employer taxes, unemployment insurance, and proletarians compensation, but does not include withholdings. SUMMARY Compadres Mexican Restaurant will be successful.The business plan has documented that the brass instrument of Compadres Mexican Restaurant is feasible. All the critical factors su ch as effort trends, marketing analysis, competitive analysis, management expertise, and financial analysis support this conclusion. We pick up you to attend our grand opening. Go to Compadres where we know your name EXHIBIT 2 Why Play Futsal? Fun Players enjoy the challenge of playacting a fast paced skill oriented game that tests their abilities. Safety Futsal is much safer than traditional indoor soccer. Indoor soccer can be a violent game with extremely physical play such as players being boarded into the walls. The rules of Futsal restrict physical play, and there are no walls to communicate into. Ball Touches In a statistical study comparing Futsal to indoor soccer with walls, Futsal players touched the ball 210% more often than indoor soccer players. Ball Control With Futsal, the emphasis is clearly on contain and technique. Without control and technique you cannot expect to succeed in Futsal. With limited space, boundary lines, and unending opponent pressure, improved ball control skills are required. Speed of Play With limited space and constant opponent pressure, players chink to play fast to survive. Continuity of Play Action is continuous so players are labored to continue play in support of their teammates. Mandatory Support Without a wall as a crutch, players essential make supporting runs when their teammates have the ball.With only 4 field players on the field and always needing the ripe support positions offensively and defensively, a player will instinctively learn better spacing, passing and general tactics from playing Futsal. Players without the ball must move to space and must truly support their teammates. Framing the cultivation The goal and Penalty Area are a perfect size for narrowing the angle so teams learn to frame the goal to sign goals. Knowledge With four court players and all the basic options of the outdoor game, players disposition of the game is enhanced. Encouraged Learning The rules of Fut sal encourage playing a sure-handed game by punishing all physical contact fouls. Rewards Futsal rewards the analogous basic skills, tactics and knowledge of the game as the 11v11 outdoor game. Cost Many people think the cost of indoor soccer is expensive, but when compared to other activities it is actually quite reasonable. Depending on the number of players, the average cost per player for a night of soccer is around RM7-RM8. Compare this to issue for badminton which the cost of two shuttlecocks has already exceeds RM8, or even to the movies along with the conventional snack and drink, the price is very reasonable and healthier. EXHIBIT 3 THE dislodge The pitch and appurtenances are shown in the following illustration EXHIBIT 4 EQUIPMENTS 1- NETTINGS 2- FLOORINGS WR Flooring specializes in sports flooring such as tennis, Futsal, adminton, running tracks, mash court, gym room and other indoor and outdoor sports. WR flooring has been highly-developed to give customers the best quality and warranty possible for sports flooring. The company is confident(p) of giving the best product and services to cater for the need of a good sports environment. EXHIBIT 5 EXAMPLE OF FUTSAL COURTS (Courtesy of Sports Planet) Main entrance (Side Picture) inwardly The Futsal Court Simple Structure for One Court (Beams and Floorings) A date of the Courts with side nettings Cafe for the thirsty players &038 registration counter Walkways for viewers and players An sample of a game thats on going A side view of the court with special floorings specifically for indoor football