Thursday, April 18, 2019
Business Description For Students Case Study Example | Topics and Well Written Essays - 750 words
Business Description For Students - Case arena ExampleThe business get outing identify ways to advertise and promote customers in order to shorten competition and to be known widely. Several pricing strategies get out be used to determine the charge of different cars depending on size. Sales tactic will be adopted to increase the number of terminal sales. Being a sole proprietorship the business will be managed by the owner ,it will also employ other personnel with the required qualification they include the manager, cashier(accountant ), cleaners and general workers on that point will be recruitment and training programs for the employees .employees are to be fairly paid for them to be satisfied, incentives will be used in order to motivate the workers ,the business has acquired license, permit, and bylaws to run smoothly without government interruptions. requirement support service like banks, postal services, insurance and wellness services are included for blue-blooded run For business to run, various production facilities are to be purchased basing on the size and capacities required. The estimated amount of the machines counterbalance the is$ 1.3 million .the scanning machine at the entrance will be unique to ensure synthetic rubber and attract customers .the, monthly labour in terms of wages and salaries is to be $50000 .the business will put on various rules and regulation that will affect the business from running smoothly such as health regulation and operation time The operation cost for the business is to be$ 27500 and the working capital will total to 56000 the projected cash flow statement for the year shows the total sales for the Year to be $482580 the purchases are 1415000.
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