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Critical Success Factors of Perak Youth Business Planning System (SRPBP)

Business Plan is a formal business document and evidence of youth entrepreneurship initiatives to deliver business-to-business business plans step by step to achieve business goals. The business plan represents an important tool with a positive impact on the survival opportunities of youth entrepreneurs business. The key factors that are usually included in most business plans and these factors will be developed in the Perak Youth Business Planning System (SRPBP). The conceptual framework developed for this study was drawn from various literature review perspectives, the propose factors, namely business profile, administrative management, marketing management, operational management and financial management. The business plan produces by using SRPBP system help youth entrepreneur to get loans and investments from financial institutions and to collaborate with other companies. Thus, it enables youth entrepreneurs to use the systems developed in this study to generate business plans.