Our cultivation of edible fungus will be located in city, Kuala Lumpur so that it saves transportation cost. We are the first and only in Malaysia market that cultivates edible black fungus. Low operation cost for cultivates fungus and can earn high profit.
Nowadays, mushroom cultivation is growing rapidly in Malaysia because our country weather and environment is suitable. The Wood Ear mushroom have a very short life cycle, the first grow is 2 to 5 days then it could have 5 to 7 continuous cycle. We will complete the process of cultivation like heat treatment, spawning, and fruiting then it will be dehydration and packing into special quality polythene bags to keep the mushroom maintain their quality in order send to nationwide. The cultivation technologies available range from conventional sawdust logs to ensure the production of quality mushrooms.
The start-up cost of Wood Ear fungus is low because if we decide produce subtract bag by ourselves the start up cost will be high. Hence, we decide to get subtract bag from suppliers.
Our start-up capital total is RM 400,000. There is RM 100, 000 from each of the shareholders, RM 50, 000 loans from bank and another RM 50, 000 from government support. We will expect their growth plan steady revenue by estimate those asset, liabilities, equity, expenses throughout 2years to minimize the loss by financial projection.
2.0 Introduction
Why mushroom cultivation are getting popular in Malaysia? There are over 2000 edible fleshy mushroom species worldwide and only about 100 are cultivated. The climate and temperature in Malaysia are suitable for several types of mushroom species to be grown or can be grown in Malaysia and dominant variety is grey oyster. Other species include white oyster, white, brown button, lingzhi for medicinal purpose and more. They are easy to grow and brimming with Vitamins B, minerals and protein. The shortest time between the process of spawning and harvesting is three