TABLE OF CONTENTS

Description of business ....................................................................................................

Justification of location ...................................................................................................

Selection of appropriate labour ........................................................................................

Sources of fixed capital and working capital ...................................................................

Role of entrepreneur ........................................................................................................

Type of production ...........................................................................................................

Levels of production ........................................................................................................

Quality control measures .................................................................................................

Use of technology ...........................................................................................................

 Description of the Business

Tevin’s Fresh Bakery, the business will be a sole trader business. The business will be
delivering freshly baked bread and pastry around St. Vincent and the Grenadines. It will be
opening from 4:00 a.m. to 10:00 p.m.

Mission

Bakery’s mission would be to deliver freshly baked goods on time to the local customers and
meets its customer’s satisfaction every time.

1
 Role of the Entrepreneur

-Role of the entrepreneur is to take risk and organize a business Venter

>Planning- preparing a plan for the everyday operation of the business.

>Organizing-marking sure everything is in correct order.

2
Justification of location

The reasons for choosing this location are:

 close to customers – easy to deliver products

 easier to purchase and deliver raw materials – flour
 available labour

3
 Selection of appropriate

number labour purpose

job
Deliver 2
Cashier 2
Manager 1
Supervisor 1
Bakers 4

-Reason for this type of labour

Skilled- they would be able to prepare delicious and tasteful goods to customers

4
 Source of fixed capital and working capital

Fixed capital: capital that does not change its shape during the source of time

-Example

1. Oven (stove)

2. Van

Working capital that changes in the source of production.

1. Capital (money

2.

5
 Role of the Entrepreneur

Role of the entrepreneur is it takes risk organic a business venture.

There functions of the entrepreneur:

 Planning- preparing a plan for the everyday operation of the business

 Organizing- making sure everything is in correct order.
 Delegating- giving out assignment to the employees.

6
 Types of production

Secondary production

Secondary production is

Levels of production

Domestic production:
Domestic production is the use of local inputs of land, extra.

Quality Control Measures

Tevin’s fresh bakery makes sure that the goods provided to the customers are freshly
baked and ready to be delivered and the manager encourages his customer’s feedback
in a positive way and if there is a problem find a way to fix it.

7
 Use of technology
Types of vehicle

Delivery vehicle

How technology used is to enhance the efficiency of the business

 Delivery vehicle can be used to enhance the business by delivering the goods to the
goods to the customers to their home instead of them having to walk from home or
anywhere in town to get to the business.

8
Linkages

 Types of linkages

 Benefit-

 Potential for growth

 Internally

 Externally

9
Government regulations

10