The Scrumptious Cuisine will be a partnership business consists of two owners. This will be a clean restaurant with ambience that will allow customers to enjoy scrumptious meals. It will cater to both meat lovers and vegetarians. The mission statement of the business will be “To offer excellent services and food to the consumers so as to make them feel pleased with the outcome and leave them wanting to come back”.
JUSTIFICATION OF LOCATION
This entity will be located at 106 hope road, Kingston 20, Jamaica, West Indies.
Three reasons for choosing this location are:
* Availability of transportation: We will locate the Scrumptious Cuisine in an area which the structures of the roads are in good condition. So workers and products can be easily transported to their work station and market.
* Location of raw Material: we will situate near one of our major suppliers which is Grace Kennedy Company L.T.D.
* Proximately to Market: It will be closed to the market, as it will be an area where other business are an hundred of customers pass through this location daily.
SELECTION OF APPROPRIATE LABOUR
These types of labor which will be required at the scrumptious cuisine are skilled, semi skilled and professional.
PROFESSIONAL * 2 MANAGERS: To engage in the function of management, which includes planning and organizing? 8cxc passes, at least 6 grades 1s * 2 CHEFS: Persons who will be preparing the meal desire by our customers.
Diploma in Food Preparation and Handling Management
SEMI SKILLED
* 2 WAITERS: To take order and assists customers
At least 7 cxc passes 1s and 2s and one foreign language required.
* 1 JANITOR: To clean the work place to accommodate customers and make them feel * supplies. We will be receiving a loan of $500,000 from the Nova Scotia Bank and four months of 10% interest. It will be used as our fixed capital.
ENTREPRENUER Role of the Entrepreneur
As the
Bibliography: BIBLIOGRAPY INTRODUCTION ACKNOWLEDGEMENT I am very thankful to everyone who all supported me, for I have completed my POB,SBA effectively. I am equally grateful to my teacher. Mrs. Helps, she gave me moral support and guided me in different matters regarding to the topics, she had been very kind an patient while suggesting me the outline of this SBA and correcting my doubts. I thank her for her overall support. SOURCES OF FIXED AND WORKING CAPITAL Fixed capital is money used to purchased assets which stay in the business fo a period of time. Some examples of assets which will be purchased from fixed capital are: refrigerator and computer, working capital is money used in the daily maintenance of the business. Examples of item that maybe purchased with working capital or rubbish bin and cleaning supplies ‘We will be receiving a loan of $500,000 from the Nova Scotia Bank which is to be repaid in three years of 10% interest. It will be used as our fixed capital. GOVERNMENT REGULATION Each which including the entrepreneur, will be required to have a food handlers permit. They are also required to take medical examination to satisfy the authorities that that they are in good health as otherwise could spread diseases.