The Aboo's Barbershop / Nurul Sahida Abdul Majid ... [et al.]

• Main Authors: Abdul Majid, Nurul Sahida, Junaidi, Syaidatul Nur Ain, Sapii, Nur Shahida, Zullkifley, Norasmera, Mohamad Azri, Nurul Farzana
• Format: Entrepreneurship Project
• Language: English
• Published: 2019
• Subjects: Entrepreneurship. Risk and uncertainty
• Online Access: https://ir.uitm.edu.my/id/eprint/51291/1/51291.pdf; https://ir.uitm.edu.my/id/eprint/51291/
• Institution: Universiti Teknologi Mara

The Aboo's Barbershop has been set up in year 2016. Their first barbershop was located in Kampung Bharu which only lasted for nine months. In Jan 2017, due to problems they had to face in Kampung Bharu, they've decided to establish a new shop at Lorong Perak, Taman Melawati. Their second barbershop was a success until they manage to set up a new shop. By May 2018, they already had a fully renovation shop that has been located in Lorong Sarawak, Taman Melawati. The Aboo's Barbershop was formed with an agreement by all partners. This business is formed under the partnership scheme based on the Partnership Act 1961 (Revised 1974). Their business has been run by three partnerships members and five employees with different education background and experience. The investor will contribute RM 90,000.00 as a capital for the purpose of furthering their business objectives. Therefore, The Aboo's already have a total of capital contribution of RM 90,000 and a RM 0.00 loan from any banks. This capital has been used for fully renovation of their third barbershop that includes leasehold improvements, design and equipment of the shop.