Small Business Plan
Small Business Plan
Name of the business: Ripe and Ready Fruit & Veg
Location: Main Street, Blacktown
Legal structure: Private Company
Industry Type: Tertiary Industry
Part A: Operations 1. Description of goods sold
Goods are items which can be seen or touched. The primary goods which are sold by Ripe and Ready Fruit & Veg are fruit and vegetables to satisfy the needs and wants of consumers. Fruit and vegetables are the goods which are sold by Ripe and Ready Fruit & Veg and are the main source of the business’ profit. Ripe and Ready Fruit & Veg provides customers with a wide range of fruit and vegetables to suit the needs of individual customers which have unique needs and wants. 2. Production processes involved
Production refers to the activities undertaken by the business that combine the resources to create products that satisfy the customers’ needs and wants. As Ripe and Ready Fruit & Veg provides customers with a finished product there are no transformation processes that the business undergoes to produce the products. 3. Five examples of equipment and/or raw materials Name of item | Supplier | Estimated Cost | Display Shelves | HB Home Improvement WD and HD Pty Ltd | $52 per metre (length) Total Price $1313 | Oranges | Sydney Markets | One crate $200 (200 kilo) | Apples | Sydney Markets | One Crate $350 | Banana | Sydney Markets | One box $25 | Onions | Sydney markets | One bag $3 (5 kilo) |
5. Quality Management (quality control, quality assurance, total quality management)
Quality management refers to the strategy which a business uses to make sure that its products meet customer expectations. The three quality approaches which are used by businesses to satisfy customer expectations are quality control, quality assurance and also total quality management.
Quality Control is the use of inspections at various points in the production process to check for problems and defects. In order to reduce
Name of the business: Ripe and Ready Fruit & Veg
Location: Main Street, Blacktown
Legal structure: Private Company
Industry Type: Tertiary Industry
Part A: Operations 1. Description of goods sold
Goods are items which can be seen or touched. The primary goods which are sold by Ripe and Ready Fruit & Veg are fruit and vegetables to satisfy the needs and wants of consumers. Fruit and vegetables are the goods which are sold by Ripe and Ready Fruit & Veg and are the main source of the business’ profit. Ripe and Ready Fruit & Veg provides customers with a wide range of fruit and vegetables to suit the needs of individual customers which have unique needs and wants. 2. Production processes involved
Production refers to the activities undertaken by the business that combine the resources to create products that satisfy the customers’ needs and wants. As Ripe and Ready Fruit & Veg provides customers with a finished product there are no transformation processes that the business undergoes to produce the products. 3. Five examples of equipment and/or raw materials Name of item | Supplier | Estimated Cost | Display Shelves | HB Home Improvement WD and HD Pty Ltd | $52 per metre (length) Total Price $1313 | Oranges | Sydney Markets | One crate $200 (200 kilo) | Apples | Sydney Markets | One Crate $350 | Banana | Sydney Markets | One box $25 | Onions | Sydney markets | One bag $3 (5 kilo) |
5. Quality Management (quality control, quality assurance, total quality management)
Quality management refers to the strategy which a business uses to make sure that its products meet customer expectations. The three quality approaches which are used by businesses to satisfy customer expectations are quality control, quality assurance and also total quality management.
Quality Control is the use of inspections at various points in the production process to check for problems and defects. In order to reduce