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Ojt 361 Week 2 Individual Assignment

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Ojt 361 Week 2 Individual Assignment
Initial Investment

Initial Investment
Inventory 52,130.29
Rent 90,000
Salaries 49,972.66
Utilities 22,500
Equipment 40,629.45
Permits & Licenses 9,143
Renovation 60,000
Marketing expenses 4,000
Kitchen Tools 4,685
Furniture and Fixtures 29,099
Total PHP 361,159.40

Terms of Business to customers
Pay as you order policy - The customers will be required to pay the amount of their orders before receiving their orders.
Cash basis only- We will not be accepting credit card payments, cash payment is the only method of payment that we will honor in our business for us to avoid complications in accounting the transactions.
We will not be liable in case of damage or loss of valuable things of the customers- The management will not be liable in case of damage or loss of customers' valuable possessions within the restaurant's premises. Each customer has the responsibility of taking good care of his/her valuable possession.
…show more content…
Some products are subject to availability- Some of our products are available only by season and as a result, some products may be off the menu in some time of the year.
No outside food will be allowed inside the restaurant- We will not allow any outside food/drink inside the restaurant's premises, to observe the quality of food of the restaurant.
No pets allowed inside the premises- We will not be allowing pets to enter the restaurant's premises. Pets may affect the quality of food to be served.
No smoking policy- We will be strict in implementing this policy in our restaurant, smoking can endanger the health of the customers.
By eating in Mamibeka's Grill Restaurant, you are accepting the terms and conditions mentioned above
Chain of Command

2 General Manager/Operations Manager- External
Kamille Jenne P. Falloria
Pay: Php.

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