A. Type of Business
The business will be named FAV (fruits and vegetables) Ice Cream Sundae. It offers different flavour of ice cream that is new for the taste to the public or the current market. As a common Filipino way, ice cream sandwiches will also be offered to fill and yet delight hungry customers.
In forms of business organization, this business is a partnership that is owned by two or more individuals. It has higher capital than sole proprietorship and more contributed skills, and knowledge in handling the business. The benefit, however, is that the risk, liability and management is shared by group of individuals, depending on the percentage of ownership agreed upon. The business are engaged in manufacturing i
Imus Institute Colleges
converts basic inputs, such as materials, labor and
overhead, into finished products which are sold to customers.
B. Management, Marketing, Financial Highlights
In Management aspect, we divided the duties and responsibilities of each partner according to their ability, skills and knowledge. We apply segregation of duties to the four general...