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Mr Lokcing is a restaurant that opened in 2021, located in Taman Bendahara , 16100 Pengkalan Chepa Kelantan. Ami Lokcing was started with his wife and has open for 3 years. The name of the restaurant is Mr Lokcing because Mr Lokcing is the name that the owner and his wife came up with. Mr Lokcing is designed and formed with a minimalist theme. The concept of operating restaurant Mr Lokcing is to provide a place for students and people to dine and socialize.

Mr Lokcing is running a sole proprietorship business, which falls under the hospitality industry. Mr Lokcing is owned by Ahmad Ahlami Bin Azlang.

Restaurant Mr Lokcing sells popular food such as ‘Sosej Bakar’. ‘Sosej Bakar’ is a specialty food of Kelantan and is very loved by many students. ‘Sosej Bakar with the most special thai sauce and many types such as locking ikan, tofu cheese, bebola ikan etc. The price is very cheap, and students can afford it.

Since its opening, Mr Lokcing has been very popular in the local area. Its target customers are mostly UMK students, residents living nearby, tourists, etc. UMK students will become its target customers because is very convenient and residents living nearby also become her target customers.

Nowadays, restaurant Mr Lokcing already has 20 employees, and the wages of the workers are calculated based on the business of the day.

Lastly,there are already 2 branches, and the business is getting better and better.

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At the Week of 5, we assigned a group of 10 to discuss which SME to brief of financial literacy. We confirm each other to select MR LOKCING as our SME. Here are our group members :

1. ANG SIAN MEY (H22A0294)

2. LAM WEI YNG (H22A0916)

3. KESREENA A/P NANDA KUMAR (H22B0049)

4. NUR AZURA BINTI BAHRUDDIN (H22A0116)

5. NIK NURFADZLIN BINTI NIK IBRAHIM (H22A1184)

6. ASMIDAH BINTI JEMIS (H22A0473)

7. NURSHAMIERA NADIRA BINTI MOHD HIJRAH (H22A0247)

8. NURUL FARHANA BINTI NAZRI SHUKOR (H22A0472)

9. AUDRA NAYLI MASHI BINTI AZINUL MASHI (H22A0142)

10. NUR AZIRA AZREEN BINTI SUKRI (H22A0216)

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For the Week 6, we did a division of tasks among 10 members. Which 4 members go to the interview tasks and doing the poster while, 6 more will assume to complete the extended abstracts week by week in Padlet. Since we chosen to interview the owner of MR LOKCING, 4 members starting set the date and time to do it. At the same time, we also discuss on what questionnaire can be ask to owner. We also printed SME Consent Form and SME information sheet before going interview. Therefore, MR LOKCING's owner confirm to be interview on 20 May 2024.

After interview session, can conclude here are the owner information:

Name of Company: MR LOKCING

Name of Owner: AHMAD AHLAMI BIN AZLANG

Address: Taman Bendahara, 16100 Pengkalan Chepa, Kelantan.

Contact Number: 011-28043329

Email: ahlamid99@gmail.com

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Owner is filling the Consent Statement form

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4 group members that volunteer to join interview session.

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Wefie with Mr Lokcing's owner

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Filled by owner.

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In Week 8, we need to sumarize on literacy survey that answered by owner. We described and explained the data analysis required for the research to the store owner, and the store owner also cooperated with our questions, so that my assignment could be completed well. Then, we start to discuss and prepare extended abstract and poster.

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Moreover, for this week, we need to conclude all the findings in extended abstract and we did the poster. Poster should consists of information such as :

1. Project title

2. Project / initiative synopsis

3. Project Description

4. Project Rationale

5. Project Impact

6. Commercialisation Potential

7. Members photos

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For the week 10, our group continue to discuss how to do an extended abstract and dicuss how to do it better. We started to assign parts and members started to complete the parts. If members encounter problems that they don’t know how to solve, we will discuss and solve them on WhatsApp group. After this, we need to record video presentation based on poster.

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SUISS 2024- Extended Abstract Template ENGLISH revised (1)

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At week 7, our group select a small enterprise in Kota Bharu, Kelantan that is Mr Lokcing. We discuss with the owner a suitable time for us to make the visit and get an agreement from the enterprise with two signed documents. Our group will undertake the pre-Financial Literacy Survey. From the survey, we found that the owner lacked knowledge of financial literacy. Then, we plan on what financial knowledge that can share to enhance the financial planning of the enterprise.

Furthermore, we explain why financial literacy is very important. Financial planning is a vital part of business management and can help companies enhance their financial stability. First, companies can use financial planning to set long-term, medium-term, and short-term financial goals and establish clear financial strategies to guide the company's financial decisions. Secondly, financial planning can help companies allocate resources reasonably, ensure the effective use of funds, and reduce financial risks. In addition, financial planning can also help companies establish an effective budget control system, monitor financial conditions, identify problems in a timely manner and take countermeasures. Finally, financial planning can also help companies build financial reserves, improve their ability to resist risks, and cope with the uncertainty of the external environment.

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SME FINANCIAL LITERACY SURVEY

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SME FINANCIAL LITERACY SURVEY 29 MAY 2024 (1)