Documente Academic
Documente Profesional
Documente Cultură
Turnbulls
restaurant
PRINCIPLES
OF
BUSINESS
School Based Assessment
TABLES OF CONTENT
Introduction
1
Description of Business.2
Roles of Entrepreneur..3
Use of Technology..4
Potential Growth5
Justification of Location..6
Selection of Appropriate Labour..7
Sources of fixed and working capital8
Type of Production.9
Levels of Production.10
Quality Controls Measures.11
Linkages
12
Government Regulations13
Ethical
Issue..14
Bibliography..
15
Introduction
This school Based Assessment is intended to provide an
overview of a business Plan for the establishment of a
food restaurant by the name of Turnbulls Restaurant.
An examination of some of the main structures required
for the successful formation and eventual growth of the
business will be highlighted.
DESCRIPTION OF BUSINESS
Turnbulls restaurant will be a sole trader business and
will be catering to both fun-seeking as well as
sophisticated diners to satisfy their need for authentic
Jamaican foods in a fascinating atmosphere. The menu is
Mothers pride. It is a culmination at over 30 years of
cooking. The menu includes traditional favourites such as
Mothers Beef Patty, Mothers big Burger Mothers Golden
fry Chicken Mothers Premium Ice Cream, Mothers baked
Chicken etc. These will be differential through the use of
fresh ingredients grown by local farmers. Everything will
be freshly homemade and prepared daily.
Objectives:
1. Increase sales to 50% by year.
2. To make sure all customers are satisfied.
3. To make a profit
Mission statement
Roles of entrepreneur
As the entrepreneur of the business I will have the
responsibility of ensuring the business venture gets off
the ground with the limited resources available. In
addition I will have to spend a number of hours working
out details, finalising the business plan, meeting with
officers, interviewing applicants and other hosts of
activities.
In accessing funds for the business i will do an analysis to
find out how much capital will be needed and will be
provided through personal savings, family members,
investors and lending agencies.
In Organizing, keeping records and documentation,
creating a formal structure with activities and authority
assigned to different persons. This involves acquiring
labour, natural resources, machinery, equipment and
premises and organizing these efficiently and making
decision on location of places.
USE OF TECHNOLOGY
Computers will be used to monitor the financial aspect of
the business and it will help to keep things organised.
Touch screen food vendors is another technology that we
will use, this is known as the MooBella Creamery Machine.
This technology enhances the business by producing 96
variations of cool treats in 40 seconds which helps the
business to be efficient and this also gives the customers
a lot of choices as not everyone wants to eat the same
thing week in and week out. Refrigerators will also be
used to keep the goods and the meat fresh so that they
dont get rotten or spoiled, this will enhance Turnbulls
Restaurant by ensuring that the customers get the best
value for their money.
Internal
External
JUSTIFICATION OF LOCATION
This business will require a large and clean area. The
business will be located at 206 Half Way Tree. The reason
for this location is that Half Way Tree occupies a lot of
people daily which ensures that we will have a great deal
of customers coming in.
SELECTION OF APPROPRIATE
LABOUR
Turnbulls Restaurant will be employing persons who have
the passion for cooking and also assisting people, making
sure their needs are satisfied and also making sure the
environment is always as clean as possible. The business
will employ people who are unskilled, skilled and semi-
TYPE OF PRODUCTION
Turnbulls Restaurant will be involved in both secondary
and tertiary production. The secondary component of the
business will be preparing the meals with the use of fresh
ingredients such as chicken, fish, flour, vegetables and
LEVELS OF PRODUCTION
In this business the level of production will be Domestic
production as the entrepreneur will be providing meals to
person in the Half Way Tree area and its surroundings.
10
11
LINKAGES
12
GOVERNMENT REGULATIONS
13
ETHICAL ISSUE
14
Bibliography
15
CRITERIA
description of the business
-
P1
P2
P3
TOTAL
2
Type of business
Nature of business
Objectives/mission statement
(any TWO, 1 mark; all THREE 2 marks)
type of production
-
levels of production
-
use of technology
-
linkages
-
government regulations
-
ethical issues
-
10
40
Overall presentation:
Title page,
Table of contents
Bibliography
(Sources
of
information/data) (1 mark)
Total
10
20