Principles of Business Sba Sample

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Name: Allisha Cobb
Project title: Production
School: Bishop’s College
Centre: 080003
Registration #:
Date summitted:

Topics Page

Description of the business…………………………………… 1

Justification of Location………………………………………… 2

Selection of appropriate labour……………………………….. 3

Sources of fixed and working capital……………………….. 4

Role of entrepreneur…………………………………………….. 5

Type of production………………………………………………. 6

Levels of Production……………………………………………… 7

Quality control measures…………………………………………. 8

Use of technology…………………………………………………… 9

Linkages

Allisha’s Auto Wash would be established on the 3rd July 2020. This type of business is a sole proprietorship type. The purpose of Allisha’s Car Wash Inc. is to provide the area with a unique facility that enables car owners to wash their car for a fee. People will be able to get their cars cleaned, and also get car care products, lube, snacks, and beverages. It is the mission of Allisha’s Auto Wash to fulfill personal vehicle owner’s wants and needs at the right price. The major aim of my business is to make a 100% profit by ensuring customers satisfaction.

This type of operation is unique to southern Grenada. The atmosphere will be friendly and open. The business will display a new attitude. It will treat customers like first-class citizens and try to make them feel like they are at home. The services will be offered at a competitive price and pricing will be reviewed periodically. The operating hours will be Monday through Sunday from 7:00 A.M. through 7:00 P.M. We will review our hours periodically and extend them to meet demand, when necessary. .

Allisha’s Auto Wash is located 12th green street St.George’s central business district. The business is located at close proximity to the premier packing lots of St.George’s just opposite the main gas station, Texas Gas station. Reason why this location influences me is because of three reasons and also WASA main water storage facilities serving the town. Due to the closeness of the main car park there is a steady and reliable source of customers in and out of my business. Power: due to the fact that the business is located in the heart of the central business district there reliable, cheap and efficient source of energy to run the facilities and equipments necessary and critical for the operation of the car wash business. Water supply: the business is serving by cheap and reliable source of water which is readily available twenty-four (24) hours375 days of the year.

Allisha’s Auto Wash has 10 workers. There are 3 skilled workers, 3 semiskilled and 4 unskilled workers. The skilled workers are as follows: The three (3) skilled workers- Car wash General Manager, Car Wash Assistant and site manager , car wash sales attendant. Car wash

-General Manager: is responsible for overall operation and profitability of multiple car wash sites and to drive the business forward by focusing on the customer’s experiences. Is also responsible for the physical appearance of sites and equipment maintenance. .

An entrepreneur can be defined either as:
* Someone who starts a business with the aim of making a profit. * An individual who organizes and operates a business or businesses taking a financial risk in doing so.

The role of an entrepreneur is conceptualizing, planning, and accessing funds, organizing, operating, evaluating the performance a business and bearing risk.
Three (3) functions of an Entrepreneur:
1. To Face Risks: He faces uncertainly and bears risks in his business uncertainly comprising those risks against which it is not possible to insure. He also faces the risk of other producers may enter the market.

2.  Planning of the project: Will be the organizer who conceive the idea of launching the project (business) and to program the structure of...
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