ronaldo p.o.b sba.docx

8/20/2019 Ronaldo P.O.B SBA.docx

1/17

Table of Content

Content PageDescription of business 1

Justification of business 2

Selection of appropriate labour 3

Source of fixed and working capital 4

Role of the entrepreneur 5

T pes of production !

"e#el of production $

%ualit control &easure '

(se of technolog )

"inkages 1*+o#ern&ent Regulation 11

,otential for growth 12

-thnic issues 13

.ppendix 2 14

/ibliograph 15


2/17

Description of the business

The business that will be establishing is Rush Tech0 t will be located on the #icinit of

ross Roads at 1 arrenton Road ingston 50 Rush Tech is a sole proprietor business which is

owned b Rushawn 6ri77le and has a nu&ber of six 8!9 staff &e&bers0

Rush tech will be engaging in the &anufacturing and sale of peanut punch drink known

as Rough ,unch0

The ai& of the business as an other is to &ake a profit0 The business wish to expand

both internall and externall to take a do&inant position in the industr as the &ain distributor

of this product also to introducing inno#ati#e products0


3/17

Justification of location

1 arrenton Road ross Road ingston is the ideal location for the business as its #er

populated and there:s access to good road network which &akes it easier for indi#iduals: to get to

the establish&ent easil 0 .lso &ost of the raw &aterial needed for production is a#ailable

closel 0 .dditionall the propert the business will occup is owned b a close friend so lease

pa &ent is reduced0


4/17

Selection of appropriate labour

; work force will be consisting of both skilled and unskilled worker but workers will

need at least a secondar le#el of education to be e&plo ed0 Skilled worker are need to increase

the efficienc of producti#it this will include fi#e 859 of the six worker who will be responsible

for &achine operating while the unskilled worker will be responsible for auxiliar work0

The fi#e 859 workers would be break in to<

10 =ne Deli#er personnel 8Dri#er9 > Skilled this indi#idual will deal with the

transportation of goods to the consu&ers020 Two ;ixing ;achine =perator > Skilled these indi#iduals will be engaging in the

&ixing of the ingredients used in the product030 =ne "abelling ;achine =perator > Skilled this operator will be responsible for the

labelling of the product040 =ne Janitor > (nskilled the ?anitor would be responsible for the da to da cleaning of

the building and e@uip&ent:s050 =ne Secretar A.ccounting lerk > Skilled the secretar Aaccountant will be responsible

for answering call and recording business transaction which take place0


5/17

Source of fixed and working capital

apital would consist of B1** *** worth of sa#ing which will be put in the business and a loan

secured b fa&il of B!** *** plus a &otor #ehicle gi#en to the owner as a gift0 The loan andsa#ing will be used to purchase other capital and raw &aterial need for the business0

6ixed assets of Rush Tech will be co&prised of ;otor Cehicle ;ixing ;achine

"abelling ;achine and o&puter

The working capital will consist of raw &aterial needed in production such as peanut and

&ilk supligen and wages0 .lso both fix and working capital are purchased fro& local based

suppliers0


6/17

Role of the Entrepreneur

.n entrepreneur is regarded as a risk taker he organi7e and coordinates the factors of production0

The owner will &ake critical decisions which could i&pro#e or destro the business0

The owner will take initiati#e

o To raise capital fro& an &eans whether sa#ing or borrowing &one fro& finical

institutionso To clarif business polic decisions so that all le#els of personnel can understand

the business goals and alsoo To sets policieso ;ake changes that will lead to success or growth of the business0

•


7/17

Type of production

Rush Tech will be onl engaging in the secondar and tertiar production0 e will be turning

using raw &aterial and se&i finished goods such as peanut &ilk and transfor&ing it into

Rush Tech:s fa&ous peanut punch which is secondar production0 Tertiar production will also

be practised as we will be taking on the responsibilit of selling this product to consu&er

thereb pro#iding a ser#ice0


8/17

Le els of Production

/eing a s&all business that will be newl established Rush Tech le#el of production would be

on a do&estic le#el which refer to as do&estic production0 Do&estic production is producing to

suppl onl the local &arket0 So production is ?ust ai&ed to satisf the local &arket0 The

business will seek to suppl the ross Roads area and so&e parts of Ealf a Tree0 ith

possibilit of growth and de#elop&ent the business would like to also participate with

international production which is being able to produce for the international &arket0


9/17

!uality Control "easures

To &aintain the high @ualit of our product there are &easures established0 t consists that no

artificial additi#es will be usedF staff will be trained regular to a#oid an &istakes in perfecting

the Rush ,unch Drink0 .lso the purchase of onl the highest @ualit raw &aterial will be used in

the production of Rush ,unch0 hecks will be &ade occasionall to ensure the @ualit of Rush

,unch sta s at the high standard that custo&ers expect0


10/17

#se of Technology

The production process of Rush Tech will &ainl in#ol#e &anual labour where ad#anced and

si&ple technologies will both be used0 The ad#ance technologies that will be used are co&puter

for creating the label designs and help with ad#ertise&ents o#er the web this would attract a

wider audience labelling &achine would reduce the ti&e to paste labels on bottles and the &otor

#ehicle will &ake transporting large a&ount of products to consu&ers faster and easier0


11/17

Linkages

Rush Tech will be engaging in both backward and forward linkages regarding to backwards

linkages Rush Teach will for& a partnership with the close peanut and diar fa&ers0 Eence the

will be pro#iding &ilk and peanuts used in production0 .s for forward linkage the business will

be pro#iding Rough ,unch to nearb super&arkets and also to retail stores0 Through these

linkages Rush Tech will benefit fro& discounted prices for raw &aterial also less tra#el ti&e and

as for the forward linkage Rush Tech would get a &arket for the product0


12/17

$ibliography

arlong principle of business for S- b arlene Robinson

S bile Ea&il


13/17

%o ern&ent Regulations

Rush Tech plans abide b go#ern&ent regulations that will i&pact the success of the business0

These go#ern&ent regulations include collecting and pa ing off all statutor deductions

registration the business with the registrar of co&panies this will &ake the business legal and

also pa tax due to the countr on ti&e0 t will read and adhere to all the acts of the countr such

as health and protection act such as pro#iding protecti#e wear to our workers food handler:s

per&it and also the production @ualit acts0 The business will &ake sure that no go#ern&ent

regulation is o#er looked or o&itted0

+o#ern&ent regulations will ha#e positi#e i&pacts on the business as it will go#ern the safet of

workers and consu&ers also the safet and continuit of a successful business0


14/17

Potential for %rowth

Rush Tech will be a fast growing business so no doubt there will be areas of growth0 .s the

business grow the establish&ent will be refurbished new e@uip&ent:s will be purchase &ore

staff will be hired and building will be expanded ?ust so&e of the internal growth which will

take place0

.s for external in ti&es ahead we will increase the le#el of production0 e hope to can also

produce enough not ?ust to suppl on do&estic le#el but also on an international le#el0 =#erti&e

s&aller fir&s around the countr will be established and the business would then expand the

range of products we pro#ide0 The ai& is to establish Rush Tech as a household brand not

do&esticall onl but internationall as well0


15/17

Ethical 'ssues

n e#er business ethical issues are i&portant0 6or Rush Tech ethical issues ha#e to be portrait0

So&e of these issues are the dress code of workers the work attitude the workers displa to our

custo&ers and the work attitude the show towards work0

Rush Tech workers should be properl attired for work each da 0 The dress code work will be the

co&pan :s T shirt and ?eans botto& but will be wearing o#erall while working0 orkers ha#e to

be dressed in this &anner each da 0 =ther rules and regulations are<

• Go indecent language on the pre&ises0• Go s&oking0• orkers should not lea#e work pre&ises without per&ission if not lunch break0• orkers should not lea#e the pre&ises with business &aterial0

f workers choose not to abide b these rules the &a face work serious conse@uences0


16/17

Appendix 2

;ilk ,eanut

Sugar Supligen


17/17

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