BUS 6140: Capstone - Entrepreneurial Focus

Module 5 Worksheet: Connecting Academic Theories to Business Experience

NAME: Saheed Babatunde Gbadamosi
DATE: 25TH MAY 2023

Company Overview

Company Name Your Answer: MABA RESTURANT

What is the legal name of your company?

Proposed Legal Form of Business

The current legal form is: Sole Proprietorship

The simplest and least expensive structure to set up is sole proprietorship.

Since the business is run by me, all decisions and modifications must be
approved by them.
There is no need to submit taxes twice because the business is taxed as
part of the owner's personal taxes.
It is simple to set up.
The number of employees you can hire is unrestricted.
Low cost of setup.
Total management and decision-making authority over the company.
Maintaining it is simpler.
No revenue sharing.

Current Business Location Your Answer: Lagos, Nigeria

Where is your business currently located?
 BUS 6140: Capstone - Entrepreneurial Focus
Module 5 Worksheet: Connecting Academic Theories to Business Experience

Plot 454 Ayo Oba Street, Victoria Island.

Proposed Management Team for New Venture
(Note: If setting up a new business, treat the
“Current Officers” section below as new officers
for the new business)
● Number of women and men = 10 women and 5 men
● Number of years of experience in marketing, including the
companies where the experience was gained = 5 years of
experience gained form ABC Foods
● Number of years of experience in corporate development, including
the companies where the experience was gained = __3 years of
experience from KFC food
● Number of years of experience in engineering and design, including
the companies where the experience was gained = __4year gained
from Sterling bank
● Number of years of experience in accounting, administrative, and
merger and acquisition held by your CFO, including the companies
where the experience was gained = _____5 years.

● Describe the experience held by your proposed management team.

Planning, keeping an eye on financial developments, networking, problem-

solving, good customer retention, tech experts.

Officers
Identify the name, age, and stock holdings of the ● President - name, age, stock Adekunle Bayo, 43, 12%
designated individuals. ● Vice President of Marketing- name, age, stock Ayo Bami, 40, 9%
● Vice President of Sales- name, age, stock Augustine Oyo, 41, 9%
● Vice President of Finance- name, age, stock Adams Joseph, 42. 10%
● Vice President of R&D- name, age, stock Jane Imoh, 46, 9%
● Vice President of Operations- name, age, stock Job Danjuma, 38, 6%
 BUS 6140: Capstone - Entrepreneurial Focus
Module 5 Worksheet: Connecting Academic Theories to Business Experience

● Controller- name, age, stock, Elizabeth Morenikeji, 48, 8%

● Corporate Attorney - name, age, stock Saheed Adegoke, 36, 9%

Key Employees
Indicate the designated information about your  Number of corporate staff members = ___8
key employees.  Number of founders = _____3
 Positions of founders = _____ Vice President of Marketing
 Percent of original stock issue provided to each founder = _____
30:50:20

Board of Directors Your Answer: Not applicable

Staffing
 Number of staff members (total) = _____10

 Number of additional staff members required to meet the demands

of the projected market over the next five years = _____5

Discuss any additional staffing requirements you have, including the

position and the number of individuals needed for that position.

Provide your response.

To assist with marketing, personal sales, and advertising, 5 officers will be

required.
 BUS 6140: Capstone - Entrepreneurial Focus
Module 5 Worksheet: Connecting Academic Theories to Business Experience

Leadership Style

Organizational Structure
Directions:

1. Create an organizational chart and indicate key personnel.

Place your organizational chart here.

 BUS 6140: Capstone - Entrepreneurial Focus
Module 5 Worksheet: Connecting Academic Theories to Business Experience

Resumes
Directions: Provide the resumes of officers, key employees, and members from the board of directors (if you have access to
their resumes.)

Provide the resumes here.

1.Name: Adekunle Bayo
Education: 2011, B.Sc. Food and nutrition
2020, M.Sc. Marketing
Work Experience: Retail Manager
KFC 2020
Duties and Responsibilities: Organization Management
Problem Solving
Planning and Strategy
Project Coordination
 BUS 6140: Capstone - Entrepreneurial Focus
Module 5 Worksheet: Connecting Academic Theories to Business Experience
Soft Skills: Teamwork
Flexibility
Communication
Self-management

2. Elizabeth Morenikeji
Education: 2020, B.Sc. Marketing

Work Experience: Restaurant Manager

Olive Garden Italian Restaurant
Duties and Responsibilities: Team Leadership
Organization Management
Everyday Communication with Guests
Maintenance and use of Customer base
Soft Skills: Teamwork

REFERENCES:

Indeed Editorial Team. (2023, March 16). 10 common leadership styles. Indeed. https://www.indeed.com/career-advice/career-

development/10-common-leadership-styles

8 Important Sole Proprietorship Pros and Cons | EZ Texting. (n.d.). Www.eztexting.com. Retrieved May 25, 2023, from

https://www.eztexting.com/blog/sole-proprietorship-pros-and-cons