Organizational Plan

Form of Business Organization

The form of business organization of the proposed venture will be a corporation.

Since the business venture will be owned and managed by more than five(5) owners. The

capital will also be provided by the seven (7) owners hence, the nature of the business

should rightfully be a corporation.

Liabilities of the Owners

Liabilities are known to be the financial obligation of an organization. In this

proposed business, the only initial liabilities of the owners will be the utilities payable after

utilizing the equipment needed in the production of the product. Otherwise, there are no

liabilities from creditors as the owners themselves will be providing capital for the

business.

Organizational Structure

The assurance of having a smooth flow of business relies on the proper

organization structure of the roles that are vital to the business. Having a good

organizational structure is an assurance that plan will be delivered and goals will be

reached.

The organizational structure of the proposed business can be found in Figure 1 below. It

shows all the necessary roles in the business organization and their place inside the

organization.
 Figure 1

Organizational Structure

Operation Manager

Production Manager Financial Manager

Quality Control Team Marketer Seller

Roles and Responsibilities

Operation Manager- The one who is in charge of overviewing all the aspects of he

business. They must always be updated with financial position of the business. They are

also in charge of knowing how the product is produced and distributed. They are also in

charge of solving any difficulties the business is facing. They must ensure a smooth flow

of operation, from the financial budgeting, producing , marketing up until the selling of the

product.

Production Manager- The one who is in charge of all tings related to the production of

the product. From the raw materials, equipment, and packaging they must be aware and

be able to manage the employees under the production department. They are responsible

for the smooth operation in the production of the products. They must ensure that

everything needed to produce the product are ready and in stock.

Financial Manager- The one who is in charge of all the monetary assets and database

of the organization. They must uphold honesty and integrity in their work. They

responsible for recording all transactions and ensuring that there are no loss happening

within the business. The financial manager is also responsible for approving any budget

needed for the business.

Quality Control Team- They specialize in making sure that the products that will go out

to the market have great quality and upholds the standard of the company. They are

responsible for seeing and correcting any flaws found in the product within the production

process.
Marketer- The marketer is the one who creates advertisements and seeks opportunities

for the business to gain attention and reach more customers. They must create

advertisements for the business and promotions to constantly attract the market. They

should also conduct environment scanning to seek opportunities for the business.

Seller- They are the personnel who sells the product to customers. They roam around or

create partnerships with hops to distribute the products.

Salary Requirements

In the initial opening of the business venture, since the labor hours will not reach

8 hours but rather 2-3 hours only per day, the minimum requirement for salary of the

employees will be 60 pesos. This includes the 2-3 hours of labor each day,