New Homes Concept

BUS210 Final Project

By: Estevan (Lorenzo) Foster
 Business Organization
Sole Proprietorship
Pro’s
• Easy to form.
• Control of profits.
• Flexibility.
• Freedom from bureaucracy.
• Simpler Taxes.
 Business Organization
Sole Proprietorship
Con’s
• Unlimited liability.
• Fragile Business Existence.
• Difficult to raise capital and
financing.
• Less professional appearance.
• One thought process.
 New Homes Concept

• As a sole proprietor your held personally liable

for all activities including it’s debts and
liabilites.
• There is a greater tax risk and bigger chance of
audits.
• Equity of the business cant be issued to
anyone else.

Potential legal Issues

 New Homes Concept

• If a sole proprieter is un-ethical, the whole

company is un-ethical.
• Standards of business can be lower based
upon the owner.
• Products and services may not be up to
standards as there is no one to answer to.

Potential ethical issues

 Business Culture
Our Business Model…
• Our management style is
supportive.
• We believe in an achievement
culture as well.
• We use top of the line
equipment.
• Excellent Software.
 Types of Motivation
Our Management Style…
• New Homes Concept
management is positive and
rewarding.
• We believe in employee
interaction and ideas.
• Every employee is valuable.
• Ideas are encouraged.
 New Homes Concept

HRM is the heart and soul of New Homes Concept.

• Hiring Process • Performance Management

• Safety of employees • Benefits • Communication

• Rewards • Training • Wellness

Human Resource Management

 New Homes Concept

• IPIX Nikon P6000 Camera kits.

• Full suite of Licensed Adobe CS5 software.
• GPS technology.
• iPhone 4 with video conferencing.
• iPads and custom software.
• 27-inch 2.8 GHZ Quad-Core iMac’s

Technology
 New Homes Concept

Our OMM process.

• Day to day operations is hands on and personal
• Employee driven workforce.
• Safety and Job Security are a must.
• Operations manuals and employee manuals
constantly updated and improved.

Operations and materials management

 APA Reference:
Jones: Introduction To Business: How Companies Create Value for People The McGraw−Hill Companies, 2007