POB SBA

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Potential Growth

For

Santini’s Natural Fruit Bag Juice.

The business will grow internally. We will expand initial operating by 60% in our existing building if demand for product is sufficient. If beyond the level we

experience any problem with the level or size of the premise. If the growth is externally we will have to develop a strong track record locally and expand a national operate in which our brand Fruit juice will be operating in that way

business will increase revenue and profits.

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The Government RegulationSantini’s Fruit Bag Juice will abide by government laws and regulation in

the country. This business will obtain a certification by registered and apply for a registration number and National Insurance. This business

will ensure safety at all times and government amount due will be paid. The business with relevant tax authorties.The finance department must

develop a strategies to make the require payment report of every payment must be available for the entrprenuer to see every month.

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Ethical Issue

For Santini’s Natural Fruit Bag Juice At This Company we take health into consideration on fruit and food and nutrition in which we go beyond legal requirement for food safety. Eating too much sugary and added preservative has long-term negative health impacts .However some

customers refer the sugary product to keep them high pro-active while some refer the he nutrition ingredient that help the body. We will

include at least two more portions of fresh fruits juice to each product .we will meet and succeed all legal hygiene requirements. Our

advertising and packaging will emphasize the benefits of healthy eating.

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Future Events

What are some of the events that will occur in the future? As an entrepreneur running my own natural fruit bag juice company I will

help others to provide for their family by supplying them with juice and money. Events will also help to raise money and promote our products

by giving simples etc.The events will help especially community member who are in need of food clothing and surgery etc.

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Conclusion

In this assessment I have discuss/give detail on how to start or establish a business

As entrepreneur .however information on this assessment was separate categorize in full details.

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Bibliography

Internet/Website Google! Website Yahoo!

Note Book

Text Books

Hand out Production

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Principles of Business

Candidate’s Name: Santini Lennox

School’s Name: Godfrey Stewart High School

Name of Teacher: Ms. Blake

Tertiary: Year of Submission 2015

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Table of Content

Introduction

Description of Business

Justification of Location

Selection of Appropriate Labor

Sources of Fixe and Working Capital

Role Of and Entrepreneur

Type of Production

Level of Production

Quality Control Measures

Use of Technology

Linkages

Potential of Growth

Government Regulation

Ethical Issue

Future Event

Bibliography

Conclusion

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IntroductionSantini’s Natural Fruit Bag Juice is an imaginary business setup for a purpose of this School Base Assesment.All information contains in this research is base on the researcher’s perspective as to how a Bag Juice Factory would be operated.

The SBA give a clear description of the business as a sole proprietor operating as a local manufactor.It is hope that the business will be started from owner life

savings along with loan from a loan institution.

The owner as an Entrepreneur will have to ensure that the business is inline with Government Regulation.

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Description of the BusinessSantini’s Natural Fruit Bag, It will be Operated by an Entrepreneur as an Sole

Trader business.

A sole trader must obtain a business license by law and also need to complete a name search and a reservation after which she will register the business.

Opening hours are from: Monday-Friday 9:00 am to 8:00pm

Saturday 10:00 am to 9:00 pm

Santini’s Natural Fruit Bag will produce natural fruit juice for Deliveries Island wide. We will provide a high quality juice at a reasonable cost, delivered directly

at customer their “finger tip”.

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Justification of Location

Santini’s Natural Fruit Bag Juice Will Be Located on 11 Great Georges street Savanna la mar.

This location was selected because of the following reason:

It will be right in the middle of the town where it is easy to accommodate our customers.

Our choice of location is very spacious and convenient for the process of deliveries and for receiving goods from our suppliers.

The road is free from traffic and the road provides easy access to and from the compound.

The compound is also secure with cameras, burglar bars and guards men

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Selection of Appropriate Labor

Santini’s natural Fruit Bag Juice will have skilled, semi-skilled and unskilled production staff. In the production department there will be a total of five

employees working in that area to produce the top quality juice in the country.

There will be a production manager responsible for:

Planning and organizing preparation method and the packing of the product.

Purchasing machine and other required equipment.

Supervising the unskilled trainee’s staffs, the manger will need a certificate in food and nutrition

Their will be four staff preparing and packing the juice as demanded by the company and customers.

The staff will need previous experience in the preparation of product because of the variety of skilled worker required.

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Santini’s Production Staff Chart

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Source of Capital

Santini’s Natural Fruit Bag juice Source of Capital will be:

A low interest loan of JA$150,000 from Jamaica National Bank (JNB) to be secure with a mortgage on entrepreneur’s own car. The mortgage will provide the lender

with security on the debt and no other collateral is required.

The entrepreneur own saving of JA$90,000 with the Jamaica National Bank. The fixed capital will be need to:

To supplies the factory own equipment with oil

To supply the delivery vehicles with fuel

To renovate the compound

The source of working capital will be: an overdraft facility for JA $60000 with the (JNB)

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)

The role of an entrepreneurThe role of an entrepreneur is to show, develop the concept over all responsibility for plans or decision making. An entrepreneur takes the risk of receiving profits and bear losses. The entrepreneur is involved in all the planning, organizing and operating ofg the business, but will work with a production manager.

Functions of the entrepreneur in this business are: planning, organizing and operating

Planning –Plan the development and the running of the business. The overall implementation of marketing, production and financing of the business.

Organizing- The production are of the business and other department, with how much individual should be employed. The organizing of routine for delivery, packaging, juice preparation and purchasing of heavy equipment to be implemented

Operating- Detailed operations are delegated by the production manager, who makes regular reports. The entrepreneur retains ultimate responsibility and in this business is directly responsible for financial management and making.

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Type of Production

Santini’s Natural Fruit Bag Juice will involve in Secondary production and tertiary production, good and services will be source from local business. In regard to the

Bag Juice factory will serve consumer buying directly from the manufactory.

The goods purchase will then be use to make a finish product (Secondary production).This will also offer service for hire local organize to cater functions.

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Level of ProductionSantini’s Natural Fruit Bag Juice business will operate at the domestic

level of production where we produce the top quality juice for the whole country and mainly for the local market and shops within the

country .this will allow production to expand within the country.

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Quality Control Measure

Santini’s Natural Fruit Bag Juice production manager will be responsible for getting high-quality fruits,ingredients and ensuring full proper hygien standard for storage of goods and packing of fruit

juice.

The producyion manager will make a daily report for the entrepreneur to look and identify any problem that encounter the business.

Ideas will be implemented or method to ensure that the running of the business is good and going toward their aim for the business.In this business the production play a mojor role.

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Uses of Technology

Santini’s Natural Fruit Bag Juice business will use appropriate technology to improve storage for fruits, water and other product that

use a product nutrious .Equipments use in this business are:

Freezer, Refrigerator, heater, stove and heavy equipment that are use to produce the product and help will the packing of juice.

The business with engage in internet access such as cellular’s, telephone, computer and many others. We will text, e-mail and

communicate verbally with customers and delivery staff. The technology will boast the business profit plus it will develop fast

efficient, fast preparation of product, reduce time and improving on safety and product quality.

Technology will also help to keep track of deliver and identify delay to take collective action.

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Linkages

Santini’s Natural Fruit Bag Juice business buy fruit and poultry from local supplies such as Mr. Brown fresh farm goods this will be a forward

linkage. The linkage will allow us to source from fresh produce to minimize delivery time and transport cost, the supplier to assure the good quality of product. We will buy in bulk to decrease the cost of

good.

We create this linkage ton improve on delivery, assurance of goods, time decrease and minimize transport cost.