Posts

Our New Business Ventures

Image
  The new business that we are introducing is a services operation which provides the community with a trustworthy education tuition centre. Starting a new business nowadays is considered a normal thing as it is one of the sources to make a living by gaining an income. However, as the global pandemic started to hit in  the last few years , things started to become a little bit hard for the society to continue their normal daily lives. Every part of the society including the  elderly , office workers and even children are overwhelmed by this situation as a new norm has been implemented to fit in the new unfamiliar environment. Work from home and online learning have been a common situation where company employees, civil servants and even students are forced to adapt it as an exchange to physical gathering. It  definitely has  taken a big toll on especially school students as their early education is restricted to only electronic gadgets. Social interactions seem ...

OUR BUSINESS GOAL

Image
LONG TERM GOAL : to expand the franchise to all other states   B usiness expansion has the potential to expose our services to a broader audience as we don’t want to only focus on one place . W hen we have many franchises, our tuition will be well known and when that happens, we can help more students . I ncreasing our customer base can help us to convert more customers and improve our sales which will lead to higher profits.   SHORT TERM GOAL : to provide free classes through social media platform We will advertise the poster about the program through online platform so that students can be ready to join our class based on the information given.   A lso, this is one of the ways to market our service as student can see first how effective our ways to solve problem by tutors which will attract them , they will be eager to learn more from I ntellect A cademic, and of course, just a matter of time, they will register to learn with us physically at our center...

Organizational Chart

Image
Functional Organization Chart

Supply Chain

Image
Goods Services

Factors that determine our marketing strategy

Image
Sociocultural Our tuition centre will be recruiting young and experienced tutors because young tutors are likely to understand the desirable and effective learning techniques and environment for a student. Young tutors also knows how to use gadgets and technologies well so that students will not get bored with the new teaching style, hence students are not committed to only a certain way of learning. Competitive In order to stand out in this competitive educational field, we will build a new environment between teacher and student where the tutor and students can have a friendly-like relationship in the process of teaching and learning along with hopping on current trend to attract students such as making some tiktok contents to promote our business. Economic Intelligent Academic will provide an affordable fee for all income groups but will still remain profitable for future projects or investment.

Business Marketing Plan

Image
  Product    Intelligent academic services that provide educational teachings to high-school students who will be sitting for SPM. Price  We offers RM20 per subject for each students as it is very affordable and reasonable with the services that we provide. Place  We are opening our tuition center in a developing neighbourhood as f amilies that want to start a  new life  at  the neighbourhood will try to find  a new school and a new  tuition  class for their children that  are close  to their house . As it  is  a new developing neighbourhood, it would not be  too  many  or it will just be  only us that give this service .    Promotion The promotion is given to the first 30 students where they are offered RM15 per subject instead of RM20. With this promotion, it can attract more students to register at our tuition centre.

Human Resource Planning

Image
Compensation Our business provides reasonable salary to all the employees according to their job scope to ensure that we can attract and return our employees for a long period of time.  Benefit   Mileage reimbursement is given to the employees to recompense their expenses that are used for work-related business. We also prepare health insurance as a benefit for the employees to cover their medical expenses if any emergency happens during working hours. Incentive Program   Incentive program such as bonus is provided based on tutor's performance in reaching the company's goal to aspire better moral and productivity. We also prepare pay for knowledge bonus for certificate level as it boosts employees engagement and workforce flexibility by learning skills to perform variety of functions. Workforce Program    Job training is given to train our tutor to acquire new competencies and new skills for a better performance. We also establish 360-degree feedback for the emp...

Intelligent Academic Poster

Image
 

Power

Image
Legitimate Power Legitimate power is very important for the leader in our business which is the president in order to decide the status of the employees and the president has the power in deciding every matter that happens in the organization to make sure that every work is done accordingly. Referent Power Referent power is also a type of power that is cardinal for a leader. For example, the president, as a leader, plays the biggest role in influencing the employees to ensure an excellent working environment by showing a good image and leadership. Referent power also creates a strong connection between the leader and employees to reach a common goal.

How we finance our business venture

Image
External Source For our business venture, we are going to finance our business from external sources through venture capital. We will be presenting about our business venture and what we are capable of bringing up from the tuition institute to the investors. This is to provide funds from investors to fund our business at the early stage. Internal Source Also, from our side, we are going to sell a compilation of HOTS questions and from the profitable margin, we can invest some of it for the growth of our tuition institute.

Lesson learnt from this group project

Image
      A lesson that we have learnt from this group project, a president is important in a particular business, because this president itself are the one who needs to influence all the employees to ensure all the working process goes smoothly so that we can ensure an excellent working environment.    On top of that, it is important to have a great leader in a company. A great leader have a good decision making, if any problem occur, a leader plays a big role to counter the problem.    Besides, business planning is very important to ensure the smooth running of a business and its longevity other than to avoid any major problems that could affect the business.    Also, we need to have a backup plan to ensure we are ready if anything goes opposite to our first planning because we as human can only plan, Allah SWT is the one who will decide. 

Video Presentation

Image
  https://youtu.be/smZVqZzav5Y

FILA Form

Image