Description of the Business Page 1 Justification of the Location Page 2 Selection of appropriate labour Page 3 Sources of Fixed and Working Capital Page 4 Role of the Entrepreneur Page 5 Type of Production Page 6 Levels of Production &Quality Control Measures Page 7-8 Use of Technology Page 9 Linkages Page 10 Pontential for Growth Page 11 Government Regulation Page 12 Ethical Issues Page 13 Introduction Principles of Business is a subject which is very developed and well taught in the Caribbean.
Information was found from the CXC Principles of Business with School Based Assessment study guide & Excercises Carlong Publishers by Karlene Robinson and Sybile Hamil and also on the World Wide Web. Page 1 Acknowledgement I would like to thanks my Teacher Miss Hinds for giving me this SBA assignment to do which helped me in using my time wisely,I will also like to thank myself for trying to do this work on my own,and last but not least,I would like to thank god for giving me the strength and knowledge to do this SBA. Page 2 DESCRIPTION OF THE BUSINESS TYPE OF BUSINESS
This Business is a “Bakery” by the name of delightful pastries and as you may know that I am the owner of this Business which is a soletrader type of business because I started this business on my own and I also control decision making in this business. And as you may also know a soletrader business is also known as a one man business. A soletrader business is a type of business that is operated,controlled and managed by one person. NATURE OF BUSINESS The Nature of Business in Delightfull Pastries which is the business that I am currently running would be Delicies.
The Business plan on Starting A Business People Plan Money
Introduction More and more people are beginning to open their minds to new business ventures. It seems like it is becoming the popular move. By opening a business there could be huge profit to be made, depending on the market. On the other hand, there are risks and losses that may occur as well. It is said that there are two reasons why people start a business. The first reason is because they ...
Delicies are things like donuts, cakes, apples, and cookies. Page 1 JUSTIFICATION OF THE LABOUR STATEMENT OF LOCATION Delightfull Pastries is located at Angels Plaza, Spanish town St Catherine. THREE REASONS TO JUSTIFY THE LOCATION The reason for the location of my business at angels plaza Spanish Town is because 1. The land I am currenly operating on,was the most suitable and most available at the time. 2. It was one of the best are because there wasn’t any bakery nearby and the plaza was well secured. 3.
The business is most of all located at this area,because of the low crime rate in this area where the plaza is located and it influences the site because there are lots of business that may need pastries,for eg,a shop,wholesale or store so that is the reason for the location of my business. Page 3 OBJECTIVES/MISSION STATEMENTS In my business “Delightfull Pastries” My main Objective/Mission statement is hoping to see the business reaching International in the future,and opening up opportunities for people who are willing,hardworking,cooperative,honest
and creative. Deligthfull Pastries will look forward on becoming the best bakery in the world. it will also cater to the needs of everyone,both young and old and both poor and rich. in delightfull pastries,I also hope that the business will make lots of profits and that we will give back to our wonderful customers and everyone will enjoy,appreciate and find pleasure in our tast delightfull pastry products. Page 2 Selection of Appropriate Labour TYPES OF LABOUR NECESSARY The type of labour necessary are Skilled and Semi-Skilled labour.
NUMBER OF PERSONS EMPLOYED AND THEIR DUTIES OR FUNCTIONS 1. 14 BAKERS (They bake or prepare the delicies).
2. 5 JANITORS(They keep the bakery clean so that customers can visit a clean environment).
3. 8 CASHIERS(They calculate and check up the money and give the customers receipts for products that they have purchased).
4. 1 MANAGER(He sees to it that the workers follow all the instructions).
5. 12 SALES REPRESENTATIVES(They carry out the orders to the other business places,for eg,supermarkets,stores and also hotels.
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Introduction to Business Business plays a major role within our society. It is a creative and competitive activity that continuously contributes to the shaping of our society. By satisfying the needs and wants people cannot satisfy themselves, businesses improve the quality of life for people and create a higher standard of living. It is a way for individuals to provide goods and services to ...
ONE REASON WHY THIS TYPE OF LABOUR IS NECESSARY One reason why skilled labour is necessary is because it helps the workers to get the right training and teaching for the job. PAGE 4 TYPE OF PRODUCTION THE TYPE OF PRODUCTION In “DELIGHTFULL PASTRIES’’ the type of production in this business is secondary production. DESCRIBING THE TYPE OF PRODUCTION In Secondary Production(Manufacturing)Industries, these involve taking raw materials and converting them into finish or semi-finished products. Manufacturing is where secondary production commences.
Secondary Production(Manufacturing)Industries convert the raw materials into the desired goods. For example, some fruits and ground provisions are the raw materials used in the production of processed food items. so for eg, in delightfull pastries, we used bananas to make banana bread and carrot to make carrot cake. Page 6 LEVELS OF PRODUCTION THE LEVEL OF PRODUCTION In Delightfull Pastries the level of production that my business engages in is DOMESTIC PRODUCTION. DESCRIBING THE LEVEL OF PRODUCTION In my business the level of production is domestic production.
domestic production involves producing goods and services not just for the individual, family and community, but also for the local market. Natural and Human resources determine what can be produced. Additionally consumption patterns are determined by what is produced locally. In theory countries that engage in large scale domestic production of goods and services such as Agriculture for local consumption are able to exist at the level of domestic production. Page 7 QUALITY CONTROL MEASURES Two quality control measures that my business must adhere to are: 1.
We must be registered with the registrar of company. 2. And we must have a foods license/foods handlers permit to show that inspecters have come and check the place to show that it is healthy and that we adhere to other rulers of the government. Page 8 USES OF TECHNOLOGY In the business two types of technology used are Telephones and Electrical Stoves. The technology used is used to efficiency of the business by making work easier for example, the telephones are used for making calls to or our suppliers with sells us flour and bananas such as the flour mills and Jamaica banana buyers.
The Business plan on Starting A Small Business Essay
Building a successful small business requires self-evaluation of your strengths and weaknesses. A clear vision of the business, and what you are planning, to achieve is essential. The most important steps, that anyone planning to start a business must take, are proper research and planning. A thorough, workable business plan is crucial and will become an invaluable tool. The financing, legalities, ...
Also for receiving calls from our regular customers for examples some of whom buy our pastries to sell in their shops, wholesales and supermarkets. Also the stove is used to enhance the efficiency of the business by letting us bake the cakes without having to use a coal stove which could not hold a lot of things as the Electrical stove and which would take a lot of time. Page 9 LINKAGES THE TYPE OF LINKAGE TO BE DERIVED FROM THE BUSINESS In this type of business, the type of linkage to be derived from the business forward linkage.
It is forward linkage because we are located near the flour mill which makes the flour which is one of the main ingredients when baking pastries so it is close to the flour mill where a lot of people can see. As you may also know that the forward linkage is when one industry or sector produces the raw materials for another. So for example the flour mill provide the flour for us. BENEFIT OF THE TYPE OF LINKAGE One benefit of the type of linkage is that our buyers are closer to the industry which provides raw materials for the business and it influences the site of the location, meaning that it is nearer to the flour mill.
Page 10 GOVERNMENT REGULATIONS Government regulations in the business is that we the business must have a food handlers permit or food licence to show that the place was inspected and is healthy to carry out business activities and that we have been checked by the ministry of heatlh and to see to it that the business is registered with the Registrar of Company and further more to see to it that the business is not breaking any rule that the government has put in place. Page 12
