Sie sind auf Seite 1von 16

Principles of business

SCHOOL BASED ASSESSMENT

Name : Chaze DaCosta


School: wolmers high school for boys
Teacher: mr.sylva
Title: production

TABLE OF CONTENTS

DESCRIPTION OF THE BUISNESS

Pot pon fyah is a business which will be owned and


operated daily by chaze dacosta.pot pon fyah will be
a in the restaurant business and is focused on
spreading the Jamaican food culture to tourist and
may even locals .The goals of pot pon fyah is to
serve original and delightful Jamaican dishes .the
dishes will be prepared by our exquisite chefs,
training for years to master the art of food.

JUSTIFICATION OF LOCATION

Pot pon fyah will be located on crescent moon drive


Kingston.the main reason for the location is :
The availability of labour
Linkage industries
The cost and availability of land is spectacular in
the location .

SELECTION OF APPROPRIATE LABOUR

Pot pon fyah will have 10 workers .3 skilled


workers,5 semi skilled workers and 2 unskilled
workers .
2 of my 3 skilled workers are trained
chefs and the other is a manager who
has 15 years in the field .he has been
known for his ability to coordinate and
motivate his team.
The 5 semi skilled workers are all
waiters and waitresses .their
responsibility is to ensure the quickest
and most pleasurable service to my
customers.
The 2 unskilled workers are going to be
janitors who will ensure that pot pon
fyah meets the standards of the health
trust .

SOURCES OF FIXED AND WORKING CAPITAL

Fixed capital
Fixed capitals in the business are items which are
likely to be permanent in the business. such as
buildings and machinery, which are used for creating
goods and creation of further wealth .$900,000 will
be borrowed from Scotia bank for the business. The
division of the use of this capital:

DESCRIPTION

COST

Building

$250,000

Kitchen equipment

$200,000

Furniture

$150,000

Computers

$150,000

Phones

$150,000

Total cost

$900,000

WORKING CAPITAL
Working capital is short term assets including cash ,
stocks of material ,bank balances and others .All of
which are required to run the day to day affairs of the
business. Three million, six hundred thousand will be
saved in total .the use of capital will be divided in:
Description
Raw material
Wages and salaries

cost
$1,500,000
$ 1,600,000

Maintenance

$100,000

Water

$ 150,000

Electricity

$ 200,000

Telephone

$50,000

Total cost

$3,600,000

ROLE OF THE ENTREPRENEAUR


The entrepreneur are persons who persons who
take risks involved in establishing a business.
Some roles that will be seen are :
Aquire finances to operate the business daily
To bring about new ideas t the market
To invent and advertise new goods and services

TYPE OF PRODUCTION

Pot pon fyah will be a tertiary level production


business.we will be involved in this type of
production as the business will mainly provide
services such as catering .

LEVELS OF PRODUCTION

POT PON FYAH will be producing locally in the


country ,this is known as domestic production and
will not be involved in imports or exports from foreign
counties.

QUALITY CONRTOL MEASURES

The measures that will be put in place to ensure the


highest quality of goods for customers are as follows
:
Health inspectors will verify that the restaurant is
at utmost perfection in the sanitary level
All raw material taken into the restaurant will be
of the highest quality goods.they will be made
sure to be as fresh and healthy as possible.
The implementations of these methods will help
boost sales as customers will feel satisfied with the
tremendous service being offered to them

USE OF TECHNOLOGY

The types of technology that will be used in the


business are :
Point of sale systems
Telephones

POINT OF SALE SYSTEM


Pos systems are modern day technology which a
restaurant owner may use to enter in an order for
the kitchen staff and may even utilize the pos system
to perform additional task such as recording
inventory and labor costs.
This system will help the business by telling the busy
how well it is doing sales wise and financially
profits .
TELEPHONES
The telephone will be used to contact suppliers for
raw materials and also to customers who wants
carry out or to make reservations.

LINKAGE

Linkage industries are industries which are


connected to another, which builds relationships with
other businesses .
We will be involved in linkage industry .

POTENTIAL FOR GROWTH

INTERNALLY
Pot pon fyah will be growing internally through the
expansion of infrastructure .the training of
employees will also be utilized to improve the
business affairs .

EXTERNALLY
Pot pon fyah wishes to create branches in each
parish of the country once finances are met to do
so .

GOVERNMENT REGULATION

Government regulations are rules and laws which


the entrepreneur should abide by. Government may
intervene in business activities for reasons such as

PROTECTION AND HEALTH


The government specifies that we should meet
sanitary requirements of the regulations and
frequent inspections should take place .there
should be no hazard in the business and should
be ensured through many procedures.
PRIVACY
The government strictly prohibits giving out
employee and customer information gained from
hiring and business transactions .these include
address ,credit and debit card numbers .

ETHICAL PROBLEMS

This refers to morals which are to be right or wrong

EMPLOYEE BEHAVIOUR
Employees should be respectful and pleasant at
all times to customers and higher authority .they
should not make personal appeals during work
hours .
EMPLOYEE WORK CONDTIONS
Employees should be provided with decent
working area and a reasonable pay and lunch
time .they shall not be over worked or mistreated
by higher authority .

Das könnte Ihnen auch gefallen