Utilization of Electronic Business Plan for Small and Medium Enterprises (SMEs)

A business plan is a formal statement of business goals, the reasons they are attainable, and plans for reaching them. Currently, the manual template of a business plan is the main reference in Small and Medium-Sized Enterprises (SMEs) but there is no standard template that exists as all templates t...

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Main Authors: Sharifah Milda Amirul, Aslina Baharum, Ishak Shali
Format: Article
Language:English
Published: 2018
Subjects:
Online Access:https://eprints.ums.edu.my/id/eprint/24630/1/Utilization%20of%20Electronic%20Business%20Plan%20for%20Small%20and%20Medium%20Enterprises%20%28SMEs%29.pdf
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author Sharifah Milda Amirul
Aslina Baharum
Ishak Shali
author_facet Sharifah Milda Amirul
Aslina Baharum
Ishak Shali
author_sort Sharifah Milda Amirul
collection UMS
description A business plan is a formal statement of business goals, the reasons they are attainable, and plans for reaching them. Currently, the manual template of a business plan is the main reference in Small and Medium-Sized Enterprises (SMEs) but there is no standard template that exists as all templates that available in the Internet is different from each other’s. This leads to confusion as to which is the best template to be used. Significantly, there is unavailable of electronic platform of the business plan. Thus Electronic Business Plan (EBP) for SMEs is proposed and developed using the Expectation-Confirmation Theory approach. This EBP is a windows-based program that is developed to serve as an electronic platform for SMEs in order for them to generate a business plan for starting a new business or for applying any financial support. Results indicate that EBP is a useful tool for business plans and that the majority of the users give positive feedback on this developed EBP. Hopefully, by utilizing this program into business plan, it can play an important role for any individual especially young entrepreneur in SMEs to generate and write their business plan properly and easily.
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spelling ums.eprints-246302020-01-23T02:23:08Z https://eprints.ums.edu.my/id/eprint/24630/ Utilization of Electronic Business Plan for Small and Medium Enterprises (SMEs) Sharifah Milda Amirul Aslina Baharum Ishak Shali HB Economic theory. Demography A business plan is a formal statement of business goals, the reasons they are attainable, and plans for reaching them. Currently, the manual template of a business plan is the main reference in Small and Medium-Sized Enterprises (SMEs) but there is no standard template that exists as all templates that available in the Internet is different from each other’s. This leads to confusion as to which is the best template to be used. Significantly, there is unavailable of electronic platform of the business plan. Thus Electronic Business Plan (EBP) for SMEs is proposed and developed using the Expectation-Confirmation Theory approach. This EBP is a windows-based program that is developed to serve as an electronic platform for SMEs in order for them to generate a business plan for starting a new business or for applying any financial support. Results indicate that EBP is a useful tool for business plans and that the majority of the users give positive feedback on this developed EBP. Hopefully, by utilizing this program into business plan, it can play an important role for any individual especially young entrepreneur in SMEs to generate and write their business plan properly and easily. 2018-02 Article PeerReviewed text en https://eprints.ums.edu.my/id/eprint/24630/1/Utilization%20of%20Electronic%20Business%20Plan%20for%20Small%20and%20Medium%20Enterprises%20%28SMEs%29.pdf Sharifah Milda Amirul and Aslina Baharum and Ishak Shali (2018) Utilization of Electronic Business Plan for Small and Medium Enterprises (SMEs). Advanced Science Letters, 24 (2). pp. 1432-1436.
spellingShingle HB Economic theory. Demography
Sharifah Milda Amirul
Aslina Baharum
Ishak Shali
Utilization of Electronic Business Plan for Small and Medium Enterprises (SMEs)
title Utilization of Electronic Business Plan for Small and Medium Enterprises (SMEs)
title_full Utilization of Electronic Business Plan for Small and Medium Enterprises (SMEs)
title_fullStr Utilization of Electronic Business Plan for Small and Medium Enterprises (SMEs)
title_full_unstemmed Utilization of Electronic Business Plan for Small and Medium Enterprises (SMEs)
title_short Utilization of Electronic Business Plan for Small and Medium Enterprises (SMEs)
title_sort utilization of electronic business plan for small and medium enterprises smes
topic HB Economic theory. Demography
url https://eprints.ums.edu.my/id/eprint/24630/1/Utilization%20of%20Electronic%20Business%20Plan%20for%20Small%20and%20Medium%20Enterprises%20%28SMEs%29.pdf
work_keys_str_mv AT sharifahmildaamirul utilizationofelectronicbusinessplanforsmallandmediumenterprisessmes
AT aslinabaharum utilizationofelectronicbusinessplanforsmallandmediumenterprisessmes
AT ishakshali utilizationofelectronicbusinessplanforsmallandmediumenterprisessmes