Aripita Avenue Essay Example for Free

Aripita Avenue EssayDescription of the parentageThe unwrap of the art that i result be establishing is Jagroops doubles. The crinkle get out be located on the landmark of Aripita Avenue and Rosalino Street. The blood line leave behind be mete out doubles and soft drinks, the con checker will be competent to choose the type of sauce they want on their doubles for example mango sauce, shadow sesame sauce, pepper sauce or cucumbers The business is going to be a sole trader, because I would ilk to own my own business, make all(a) the decisions and most of all receive most of the profits The objectives of the business are to make profit, supply a good to the hatful and to provide employment. Justification of locationThe business will be located on Aripita Avenue because the road is well travelled on mornings and on weekends it is a popular liming area in addition doubles are very popular with people when they have finished liming. Parking is also readily available for p eople who want to come and corrupt doubles.Selection of grant labourThe business will have three persons spurting. Two people will be reservation the barra and channa and sauces turn the third person will be handling the sales of the stand, while I prepare the doubles and pack them. The hours they will be expected to work will be from 3am to 9am from Mon solar day to Friday and on Saturday from 10pm to 4am ( to facilitate the night life) The workers are skilled because doubles is a specialty food level and will requisite experienced workers who will know how to prepare it.Sources of unbending and working corkingThe fixed capital will be obtained from a loan from the bank, the business will borrow a sum of eighty thousand dollars ($80,000) for a period of five years and will have a periodical payment of nineteen hundred dollars ($1900). The fixed capital will be used for purchasing a stand which will be used to sell the doubles from, also a motor avant-garde will be purcha sed to transport the food and stand from the pasture that it will be made to the place that it will be sold. The working capital of the business will be made from the day to day sales and is comprised of stock, bank and cash. An example of the working capital will be the inventory of the business, the doubles, because they will need to sell goods in order to make money.Role of the entrepreneurThe role of the entrepreneur is to provide the capital of the business. He will also have to be a good leader to the staff to arrest that they know what is to be expected from them. The entrepreneur will have to make sure that everyone in the business is doing their job properly and efficiently in order to maximise profits. Also he will be responsible for all the decisions that area to be made in the business. Three functions of the entrepreneur are1. The factors of exertion the entrepreneur organises the factors of production and allocation of resources and uses them efficiently in the bus iness. 2. Management the entrepreneur is responsible for the management of the business, making sure that everything in the business will run smoothly. 3. Risk the entrepreneur faces the risk of unlimited liability, intend if the business was to fail he would be the one responsible for paying off the bank loans. typewrite of productionThis business will fall under the category of primary production because it will not require a lot of fellowship to produce this kind of food. The workers will require some knowledge to make the product but that will be minimal knowledge.Level of productionFor this business they will precisely be producing doubles to the local public of the country. The reason for this is because the food product will go bad within a matter of hours if not stored properly. The product doesnt have a ledge life meaning it will go bad if it were to be placed in a foodstuff or super market.Quality control measureTo ensure that the business will be selling the best pro duct available the business will only be depraveing the best choice products available. Also we will not be producing the good with more than three hours in advance in order for the customer to get the freshest food possible.Use of technologyThe technology that the business will be using is a scale to measure the weght of the barra so that it will come out with a accordant weight and size. Also a van will also be used to transport all the equipment from the headquarters to the selling place.LinkagesThis business will only have backwards linkages, these linkages will be with the persons that they buy raw materials from for the businessPotential for growthThe potential for growth would be to open up a second stand in a different location, for example one on independence shape in port of spain, to make more profits. And internal growth would be to start selling other(a) products for example allo pies and fry bake.Government regulationsThe business will be required to register the name of the business with the Registrar of Companies. As well as having to get the appropriate food badges in order to sell the doubles, they may be more difficult than they would assume because this process could take a couple of months. They will have to comply with the health departments regulations such as washing hands before entering the work place and wearing gloves when serving the food.Ethical issuesThe ethical issues would be not using expired products and only using the freshest ingredients available to them.Table of contents1. Description of the Business2. Justification of location3. Selection of appropriate labour4. Sources of fixed and working capital5. Role of the Entrepreneur6. Type of production7. Level of Production8. Quality Control Measures9. Use of Technology10. Linkages11. Potential for growth12. Government Regulations13. Ethical Issues14. BibliographyBibliography1. Notes from school2. infixed Principles of business for cxc by Alan whitcomb and Sylbe Hamil