-SOLE TRADER
-Cpu tech SCARBOROUGH SECONDARY SCHOOL
PRINCIPLES OF BUSINESS
SCHOOL BASED ASSESSMENT
CANDIDATE NAME: JANE DOERAYME
REGISTRATION NUMBER: 1601850000
DATE OF SUBMISSION: FEBRUARY 20TH 2013
TABLE OF CONTENTS
Introduction………………………………………………………………………………………………………………….1
Description of the Business…………………………………………………………………………………………..2
Justification of Location………………………………………………………………………………………………..3
Selection of Appropriate Labour……………………………………………………………………….………….4
Sources of Fixed and Working Capital………………………………………………………….……………….5
Role of the Entrepreneur…………………………………………………………….………………………………..6
Type of Production………………………………………………………….…………………………………………..7
Levels of Production…………………………………………………………….………………………………………8
Quality Control Measures…………………………………………………………………………………………...9
Use of Technology…………………………………………………………………………………….…………….…..10
Linkages……………………………………………………………………………………………….……………………...11
Potential for Growth……………………………………………………………………….…………………………..12
Government Regulations……………………………………………………………….…………………………….13
Ethical Issues…………………………………………………………………………………………………………….…14
Bibliography…………………………………………………………………………………………………………………15
1
INTRODUCTION
This project is intended to provide an overview of a business plan for the establishment of a design and fashion business by the name of ‘Yut Trenz’. An examination of some of the main structures required for the successful formation and eventually growth of the business will be highlighted. It is intended that this business can be an alternative to sustainable employment for the author, when the author has completed his/her academic and/or other studies, and wishes to enter the job market.
2
DESCRIPTION OF THE BUSINESS
A design and sewing business will be established as the owners would have the skills in design and sewing, which were acquired after leaving secondary school. Mr. John Doe and Ms. Jane Moe will be the business’