Preview

Field Work Report: Temptation Bakery Cafe

Powerful Essays
Open Document
Open Document
3247 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Field Work Report: Temptation Bakery Cafe
I. INTRODUCTION

1.1 Background

Small businesses are the roots of big businesses. Many big businesses laid their foundation on small business. In developing country like Nepal, development of small scale industry is most essential work. Market is becoming vast and competitive. Problems of unemployment are becoming most serious issues for the world. Developing countries are seriously attached by these issues. To cure these issues, development of small scale industries can be considered as panacea. Developed countries like USA, Germany, UK, Japan etc. have given the strong emphasis on development of small scale business.

According to small business act 1934 (USA) “A small business is one which is independently owned and operated and is not dominant in its filed.”1

Small business has multi-various contribution to the economy and Nepal is not an exception to regulate small businesses. In Nepal there are no specific legal provision, broadly they are controlled under two acts, private firm registration act 2014 and industrial enterprise act 2049.

For the fieldwork report, small scale industry named as “Temption Bakery Café” is chosen.

Temptation Bakery Café located at Siddhartha Marg, Biratnagar-13 was established in B.S. 2045 with starting capital Rs.150,000.00. Mrs. Sangeeta Byas, the proprietor of TBC is a woman entrepreneur. TBC, starting with three limited items of product, is now producing varieties of items. Although the initial period was tough for this Udhyog, it is walking on smooth ground with varieties of products extending its distribution from the factory to showroom. However, TBC is still struggling for effective channel of distribution to compete with its rival or competitors. As a result, it has opened “Hot bread and Hot Cake” center & Kiran Cake Parlor at Main Road and at Traffic Chowk respectively.
All business activities are performed with certain objectives actually small business started with the purpose of earning profit

You May Also Find These Documents Helpful

  • Powerful Essays

    The comparative effects of living abroad Our family, friends and the environment, around us have an influence on the kind of life we live and this can determine who you would become in the future. Someone who is expose to different life style people in other countries have live turns to have a see live in general in a different view. Both Gullen and Sedaris had different experiences growing up. Most people who live in two or more different countries turn to have learn something new from these different countries which might have a permanent one someone life.. In the essay “The Danish Way of Life” the author Jamie Gullen contrasts her experience in New York (NY), while she was a DIS student in Copenhagen, Denmark.…

    • 1395 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    The purpose of this paper is to identify how different factors effect on the growth of small businesses. The growth of small businesses has been influenced by factors such as growth strategy, business forms, short and medium term goals, financing assistance, organizational structure and staffing needs, customers and promotion, and ethics and social responsibility. In this paper will to discuss how the different factors alter the advancement of small businesses.…

    • 1727 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    A small business is defined by its size, that fact that it is independently owned and controlled by the owner, and where the owner-manager is the decision maker for all critical management decisions, who also takes the responsibility to carry the risk involved in the venture (Peacock, 2004). Small businesses range from individual- or family-owned retail outlets to specialised technical consultancies (ABS, 2013), and account for around 96% of all business in…

    • 2526 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    A small business is one that mainly has an independent ownership and operation. Its operation is organized for profit and has no dominant field. The number of employees in a small business depends on industry or rather its operation and standards size of its eligibility. A small business can have all levels of operations just as a large scale firm can hold (Stanberry, 2009). The only difference between the two is the number of employees, the annual receipts and the construction. For instance, the number of employees in a small business manufacture or wholesaler ranges from 500 to 1500 depending on the product being manufactured or provided. A small business may also not exceed annual receipts of $ 2.5 to $ 21.5 million from its services depending on the service at hand (Pinson, 2006). Under construction, a small business mainly ranges from $13.5 to $17 million in general construction and annual receipts depending with the type of construction. Therefore, the role of a small business enterprise is the same as that of a large scale.…

    • 1625 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    While not all small businesses lost out in the huge business growth of the past, today’s companies are growing leaps and bounds. However, they are up against stronger competition with the larger global companies that can offer a large production at a cheaper cost. Many domestic companies…

    • 600 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Apple Inc Strategic Analysis

    • 3227 Words
    • 13 Pages

    * The main objective of any business is to make money for the shareholders so it can stay in business.…

    • 3227 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Buyers of the bakery industry’s products, such as supermarkets, grocery stores, hotel chains and convenience stores, are able to appropriate much of the industry’s profit due to the large number of small bakeries that are all vying to find outlets for their products. As a result, buyers are able to command low prices and volume discounts. This will cause the profits are small because they want to keep putting the product together with competitors…

    • 1482 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    A small business is a firm which is small in terms of employees and sales volume, although this is not always the case. A small business in the UK employ between 10-50 people, anything under or over this number makes the classification become void. Globally, small businesses range from a maximum of 15 people under Australian law, to a maximum of 500 people under US law (White, 2011). Small businesses are an ever growing aspect of modern society. They are pivotal in economies worldwide as they employ vast quantities of people and often make up the majority of GDP in some countries. There are just over 4.5 million small businesses in the UK which account for 58.8 per cent of all private sector employment and 48.8 per cent of all private sector turnovers. These figures are vast and thus show how essential small businesses are to the UK economy and the country as a whole.…

    • 2887 Words
    • 12 Pages
    Best Essays
  • Good Essays

    The most commonly accepted definition of a small business firm is one that employs fewer than 500 people and that generates sales of less than $20 million annually. According to the U.S. Small Business Administration, “A small business is one which is independently owned and operated, and which is not dominant in its field of operation.”…

    • 1557 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    The Small and Medium Scale Enterprises/Industries (SMEs) are functioning as a lifeline in industrial sector in tamilnadu due to their significant contribution to overall economy in terms of employment, exports, tax income, innovation, equitable income distribution, social stability, domestic resources usage and regional development. Despite of various interventions aimed at improving the business environment in Tamilnadu, the legal and regulatory framework is bureaucratic, costly and centralised.These characteristics of the legal and regulatory environment affect all sizes of businesses adversely. However, SMEs are further constrained in this environment in comparison to larger businesses due to the disproportionately heavy costs of compliance arising from their size. As a result most of informal enterprises have failed to formalise and micro enterprises have been unable to grow and graduate into Small and medium enterprises. The main obstacle to understand the various legal issues related to the growth and development of SMEs. The main data sources for this study are the latest Industrial Census in tamilnadu. The main objective of this paper is identification of issues and legal problems related to the SMEs with special emphasis on definitional and future research direction aspects and assisting the existing industrial base to consolidate its gains and promote its efficient growth in the highly competitive domestic and export markets. The final outcome of this paper is to show the legal measures to follow by the small entrepreneurs to improve their business efficiency and to give some suggestion for the…

    • 17370 Words
    • 70 Pages
    Powerful Essays
  • Good Essays

    Financial crumbles worldwide has totally changed the orientation of the world financial system forcing new alignment with novel dimensions for it and fresh and naive looks into the whole economic order. Such pattern shift and enormous change has brought to the fore once again the small and medium industry all over the world for its giving edge to the economy at large and as employer, in particular-- a role unprecedentedly warranted by the financial burnout for a developing country like Bangladesh. The product of Bangladesh might not rival with hyper competition of European world but have chance to lock head with India and China due to recent labor cost hike there. SME comes in here to keep hope alive for Bangladesh for its ability to tone small input into big output. While the whole world appreciating aloud SME as benefactor, in our shore SME still wants a comprehensive and workable definition. Also are glitches and loops in laws, and incentives mis targeted. Still, success stories are abound and Government has to do with it though an uphill effort yet not undoable. To hit upon plans and policies, sort out labyrinth, gush incentives, pep up entrepreneurs, so to buck up the sector—is what the need of the time.…

    • 785 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    The meaning of small business is privately owned and operated, with a small number of employees and relatively low volume of sales. Small businesses are normally privately owned corporations, partnerships, or sole proprietorships. The legal definition of "small" varies by country and by industry, ranging from fewer than 15 employees under the Australian Fair Work Act 2009, 50 employees in the European Union, and fewer than 500 employees to qualify for many U.S. Small Business Administration programs. Small businesses can also be classified according to other methods such as sales, assets, or net profits.…

    • 2832 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    COLT Case Study

    • 761 Words
    • 4 Pages

    In Canada in the 1980's, COLT has been developed in order to investigate the relationship between learning outcomes and the second language instruction. As described above COLT has become from Part A and Part B. In Part A, it can be determined by numerical communication orientation of the class through observing and analyzing the learning contents. In Part B, it is possible to analyze what kind of conversation or speech was done between the teacher and students or between students. One of the COLT developers Spada (1987) investigated whether the difference in the guidance in each class contributes to improvement of student achievement. Students who were target of this research were enrolled in the ESL program of one Canadian university. They…

    • 761 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Starting from the basic concept, we’ve grown up studying that Nepal is a landlocked country. The key to this very country is held by India and China since the antecedent times; two countries that have a firm grip on Industrialization and development from its known history. Once upon a time, they were the only ones who held the key to open up a gate of economic benefits. However, upon the beneficial regards of emerging resources, Nepal itself held its key to open up its gate to horizon further than these countries. Thus, business environment in Nepal flourished after then.…

    • 978 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Small Business

    • 1926 Words
    • 8 Pages

    A small business is a privately owned and operated business. A small business typically has a small number of employees.…

    • 1926 Words
    • 8 Pages
    Powerful Essays

Related Topics