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8/20/2019 Ronaldo P.O.B SBA.docx
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Table of Content
Content PageDescription of business 1
Justification of business 2
Selection of appropriate labour 3
Source of fixed and working capital 4
Role of the entrepreneur 5
T pes of production !
"e#el of production $
%ualit control &easure '
(se of technolog )
"inkages 1*+o#ern&ent Regulation 11
,otential for growth 12
-thnic issues 13
.ppendix 2 14
/ibliograph 15
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Description of the business
The business that will be establishing is Rush Tech0 t will be located on the #icinit of
ross Roads at 1 arrenton Road ingston 50 Rush Tech is a sole proprietor business which is
owned b Rushawn 6ri77le and has a nu&ber of six 8!9 staff &e&bers0
Rush tech will be engaging in the &anufacturing and sale of peanut punch drink known
as Rough ,unch0
The ai& of the business as an other is to &ake a profit0 The business wish to expand
both internall and externall to take a do&inant position in the industr as the &ain distributor
of this product also to introducing inno#ati#e products0
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Justification of location
1 arrenton Road ross Road ingston is the ideal location for the business as its #er
populated and there:s access to good road network which &akes it easier for indi#iduals: to get to
the establish&ent easil 0 .lso &ost of the raw &aterial needed for production is a#ailable
closel 0 .dditionall the propert the business will occup is owned b a close friend so lease
pa &ent is reduced0
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Selection of appropriate labour
; work force will be consisting of both skilled and unskilled worker but workers will
need at least a secondar le#el of education to be e&plo ed0 Skilled worker are need to increase
the efficienc of producti#it this will include fi#e 859 of the six worker who will be responsible
for &achine operating while the unskilled worker will be responsible for auxiliar work0
The fi#e 859 workers would be break in to<
10 =ne Deli#er personnel 8Dri#er9 > Skilled this indi#idual will deal with the
transportation of goods to the consu&ers020 Two ;ixing ;achine =perator > Skilled these indi#iduals will be engaging in the
&ixing of the ingredients used in the product030 =ne "abelling ;achine =perator > Skilled this operator will be responsible for the
labelling of the product040 =ne Janitor > (nskilled the ?anitor would be responsible for the da to da cleaning of
the building and e@uip&ent:s050 =ne Secretar A.ccounting lerk > Skilled the secretar Aaccountant will be responsible
for answering call and recording business transaction which take place0
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Source of fixed and working capital
apital would consist of B1** *** worth of sa#ing which will be put in the business and a loan
secured b fa&il of B!** *** plus a &otor #ehicle gi#en to the owner as a gift0 The loan andsa#ing will be used to purchase other capital and raw &aterial need for the business0
6ixed assets of Rush Tech will be co&prised of ;otor Cehicle ;ixing ;achine
"abelling ;achine and o&puter
The working capital will consist of raw &aterial needed in production such as peanut and
&ilk supligen and wages0 .lso both fix and working capital are purchased fro& local based
suppliers0
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Role of the Entrepreneur
.n entrepreneur is regarded as a risk taker he organi7e and coordinates the factors of production0
The owner will &ake critical decisions which could i&pro#e or destro the business0
The owner will take initiati#e
o To raise capital fro& an &eans whether sa#ing or borrowing &one fro& finical
institutionso To clarif business polic decisions so that all le#els of personnel can understand
the business goals and alsoo To sets policieso ;ake changes that will lead to success or growth of the business0
•
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Type of production
Rush Tech will be onl engaging in the secondar and tertiar production0 e will be turning
using raw &aterial and se&i finished goods such as peanut &ilk and transfor&ing it into
Rush Tech:s fa&ous peanut punch which is secondar production0 Tertiar production will also
be practised as we will be taking on the responsibilit of selling this product to consu&er
thereb pro#iding a ser#ice0
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Le els of Production
/eing a s&all business that will be newl established Rush Tech le#el of production would be
on a do&estic le#el which refer to as do&estic production0 Do&estic production is producing to
suppl onl the local &arket0 So production is ?ust ai&ed to satisf the local &arket0 The
business will seek to suppl the ross Roads area and so&e parts of Ealf a Tree0 ith
possibilit of growth and de#elop&ent the business would like to also participate with
international production which is being able to produce for the international &arket0
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!uality Control "easures
To &aintain the high @ualit of our product there are &easures established0 t consists that no
artificial additi#es will be usedF staff will be trained regular to a#oid an &istakes in perfecting
the Rush ,unch Drink0 .lso the purchase of onl the highest @ualit raw &aterial will be used in
the production of Rush ,unch0 hecks will be &ade occasionall to ensure the @ualit of Rush
,unch sta s at the high standard that custo&ers expect0
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#se of Technology
The production process of Rush Tech will &ainl in#ol#e &anual labour where ad#anced and
si&ple technologies will both be used0 The ad#ance technologies that will be used are co&puter
for creating the label designs and help with ad#ertise&ents o#er the web this would attract a
wider audience labelling &achine would reduce the ti&e to paste labels on bottles and the &otor
#ehicle will &ake transporting large a&ount of products to consu&ers faster and easier0
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Linkages
Rush Tech will be engaging in both backward and forward linkages regarding to backwards
linkages Rush Teach will for& a partnership with the close peanut and diar fa&ers0 Eence the
will be pro#iding &ilk and peanuts used in production0 .s for forward linkage the business will
be pro#iding Rough ,unch to nearb super&arkets and also to retail stores0 Through these
linkages Rush Tech will benefit fro& discounted prices for raw &aterial also less tra#el ti&e and
as for the forward linkage Rush Tech would get a &arket for the product0
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$ibliography
arlong principle of business for S- b arlene Robinson
S bile Ea&il
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%o ern&ent Regulations
Rush Tech plans abide b go#ern&ent regulations that will i&pact the success of the business0
These go#ern&ent regulations include collecting and pa ing off all statutor deductions
registration the business with the registrar of co&panies this will &ake the business legal and
also pa tax due to the countr on ti&e0 t will read and adhere to all the acts of the countr such
as health and protection act such as pro#iding protecti#e wear to our workers food handler:s
per&it and also the production @ualit acts0 The business will &ake sure that no go#ern&ent
regulation is o#er looked or o&itted0
+o#ern&ent regulations will ha#e positi#e i&pacts on the business as it will go#ern the safet of
workers and consu&ers also the safet and continuit of a successful business0
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Potential for %rowth
Rush Tech will be a fast growing business so no doubt there will be areas of growth0 .s the
business grow the establish&ent will be refurbished new e@uip&ent:s will be purchase &ore
staff will be hired and building will be expanded ?ust so&e of the internal growth which will
take place0
.s for external in ti&es ahead we will increase the le#el of production0 e hope to can also
produce enough not ?ust to suppl on do&estic le#el but also on an international le#el0 =#erti&e
s&aller fir&s around the countr will be established and the business would then expand the
range of products we pro#ide0 The ai& is to establish Rush Tech as a household brand not
do&esticall onl but internationall as well0
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Ethical 'ssues
n e#er business ethical issues are i&portant0 6or Rush Tech ethical issues ha#e to be portrait0
So&e of these issues are the dress code of workers the work attitude the workers displa to our
custo&ers and the work attitude the show towards work0
Rush Tech workers should be properl attired for work each da 0 The dress code work will be the
co&pan :s T shirt and ?eans botto& but will be wearing o#erall while working0 orkers ha#e to
be dressed in this &anner each da 0 =ther rules and regulations are<
• Go indecent language on the pre&ises0• Go s&oking0• orkers should not lea#e work pre&ises without per&ission if not lunch break0• orkers should not lea#e the pre&ises with business &aterial0
f workers choose not to abide b these rules the &a face work serious conse@uences0
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Appendix 2
;ilk ,eanut
Sugar Supligen
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