‘Start my business’ Group - 7

Class: 3A • Group Leader: Raeefa (13) • Group Members: Laraib Qadoos (28) Tanzela (35) Bisma (22) Jomana (31)

Possible trades we discussed: 1. Beauty accessories for women (make up). 2. Clothes Textiles. 3. Super Markets.

Final decision: Beauty accessories for women (Make up) Reasons for our choice: ✓ Because , in our daily bases we also use makeup products So, we know more further information about makeup. Sub-title: Beauty & Accessories

Timetable: Items Schedule Date Completed Date Member I/C Data collection 15/3/18 16/3/18 Laraib Analysis 17/3/18 19/3/18 Bisma Implement & evaluation 21/3/18 23/3/18 Tanzela Conclusion 27/3/18 29/3/18 Jomana Draft of the report 3/4/18 5/4/18 Raeefa Finalize the report 3/5/18 4/5/18

The competitors in the market are: Make up kit (Foundation). Foundation is used to smooth out the face by covering spots,acne, blemishes, or uneven skin tone. Skin care. Moisturizers are creams or lotions that hydrate the skin and help it to retain moisture; they may contain essential oils , herbal extracts, or chemicals to assist with oil control or reducing irritation. Concealer. It overs imperfections of the skin. Concealer is often used for any extra coverage needed to cover blemishes, undereye circles, and other imperfections.

The goods & services we are going to sell: ▶ Make up Example: Lipstick. Perfume. Hair accessories. Hair care. Skin care. Personal care. Scarfs.

Our specification: Targets: High income youngsters. Key Resources: ✔ We are starting our business in TSIM SHA TSUI. ✔ The products are going to be made in Malaysia. (- Because, Many Malaysians seem to be very cynical about the quality of Malaysian products and perceive them as not competitive. -The quality of products shapes people's image of their country of origin and vice versa.) ✔ Opening hours – 11:30 am to 10:30 pm. Sunday – 12:00 am to 6:30pm.

How much does the trading cost from Malaysia to Hong Kong ? ~ Cost Of Trading : $ 4,890 ~ we get trading once in two months. ~ Transportation Fee : $ 1,000 ~ we collect All our items in International Hong Kong Airport.

Our reaserch: 1. We researched for an official name for our business. 2. About the trading process. 3. What are the things our customers are demanding for. 4.The cost for our products.

Official Name ~ ZOSH Location : TSIM SHA TSUI Strength Weaknesses ⚫ We have more customers to visit our shops. ⚫ The rent for the rental shop is quite expensive.

An ideal market for our products : Make up kit ( good foundation ) . - its cheap and hygiene. Glitter lip kit. - its stays in lips for the whole day. Professional make up blush brushes. - They are very smooth and soft.

All the expected revenue and expenses during the first six months of operation: we got profit. HOW ?

Expenditures : TOTAL AMOUNT : $13,940 ITEMS RATE (per piece)$ QUANTITY Best primer 32 10 320 Best concealer 38 20 760 Foundation 24 30 720 Loose powder 34 5 170 Bronzer 28 280 Lip balm 6 120 Eyeliner 21 210 Mascara 14 15 Lip stick 1020 Lip gloss 420 Cleanser 7 140 Exfoliating scrub 4 40 Facial mask Anti-aging cream 260 7800 Hand cream 26 Nail polish 200 Hair spray 25 500 Blush 27 270 Eyeshadow 16 480 Expenditures : TOTAL AMOUNT : $13,940

Revenue : TOTAL AMOUNT: $22,505 ITEMS RATE (per product)$ QUANTITY Best primer 65 10 650 Best concealer 47 20 940 Foundation 50 30 1500 Loose powder 48 5 240 Bronzer 37 370 Lip balm 35 700 Eye liner 40 400 Mascara 45 15 675 Lip stick 46 1380 Lip gloss 28 840 Cleanser 25 250 Exfoliating scrub 300 Facial mask 150 Anti-aging cream 380 11400 Hand cream Nail polish 38 760 Hair spray/Body spray 36 720 Blush 450 Eye shadow Revenue : TOTAL AMOUNT: $22,505

CONCLUSION: •|• The expenditure amount is $ 13,940 . •|• The revenue amount is $22,505 . ✓ So, It shows that we got profit in the revenue .

Reflection on our business: • We get profit from the reflection on our business. We think that if we start a real business in future we knows how to handle them through this project “START MY BUSINESS” . It really helps us to know more about the business process in Hong Kong. Laraib: Honestly I did not know anything about opening a business. I thought that a business person needed a lot of years of experience to start a business. Tanzela: In this case you can declare yourself an entrepreneur and start the business.  As long as you have a budget to purchase all your necessities and a space to do your business than you will have a good start. Bisma: In addition I did not know that starting a business requires having a goal that will help you get through the starting points of your business. Jomana: I learned that it is very important to be extremely organized with starting the business.

Gain of our business planning process: I got an idea and experience on starting a new business through this project learning. I learned to cooperate with my team members. This business process learning is really helpful for our future. Because, we learned to how to start a business . We have also gained a lot of knowledge. We need to have a business plan so that when we can start our business if obstacles comes a head we are ready to remedy or face it with out phobia. We become more and more competitive in the market. This is because we make new and advanced goods. We sell it and it may turn out to be better than other companies.

THE END Thank you for listening !☺