Throughout this report shall discuss the main physical and technological resources required in operations of a selected organisation. Thus allowing us to see how our day-to-day business can be run, explaining how human management can also improve upon the performance of an organisation and lastly evaluating, how budget costs and controlling the performance of the business can ultimately increase overall success.
Building and facilities The first thing is needed for my selected business is a property to work, this is due to the fact that they will not be needing an online presence. Any business starting up needs money for facilities/space to work from (depending on the business), with some working in small office rooms some working in large tower blocks are large building a good example of this is Canary Wharf and Central London. However ways for organisations to reduce supply and stocks is through production lines, and or having plants separate from the business. An example of this is a plant or factory also things that can be used for business’s. The small business I shall be referring to is Dunfield Sandwich Bar a small sandwich shop located towards main roads, private limited company in a partnership, although used to be owed by a sole-trader, being a sandwich bar and a small business, the only need a small facility to work from. It is important when having a facility it is easy to access for the customers, especially with large companies such as Barclays, Santander and others have such large facilities/buildings requirements. However due to the fact that this is a small sandwich bar only a small facility is needed. It will only need small basic requirements such as tables and chairs, with a waiting area for take away items. This is a way to keep the beauty and better customer care for families also reduce costs for the business.
The Essay on Role Of Business Small Contribution Economics
Business The occupation, work, or trade in which a person is engaged. Adam Smith (1723-1790). Regarded as the founder of economics, saw the field as! ^0 an inquiry into the nature and causes of the wealth of nations! +/-. Alfred Marshall (1842-1924) saw economics as being! ^0 a study of mankind in the ordinary business of life; it inquires how he gets his income and how he spends it! +/-. Economic ...
Equipment Equipment is vital for the business I have chosen, Dunfield Sandwich Bar. It is critical that a business identifies what purchases are being made and what equipment is needed, such as fridges and freezers to increase the quality of the food. Although computers have been increasingly important to organisations in the day-to-day of a business. CCTV and ICT systems are now increasingly popular to a business especially with increased criminal crimes these ICT systems have enabled the sandwich bar to increase their customer base and efficiency, having the latest touch screen tills and the latest CCTV, however this increase production it comes at a cost. This includes basic things at the tables, bars, stores trays and also many necessities needed for the business to function.
Insurance The business also needs insurance to protect such assets as building machinery and equipment, from a three year feed the business uses buyback protection for the assets in case of unexpected events such as leaks or fires or breakouts in allergies, being that it is a food environment. Other forms of insurance such as public liability insurance how are the general public when the injury is caused unknowingly by the business, secondly employers liability insurance can be used, this is compulsory for businesses and helps employees against serious injury in the workplace.
