Banana Bliss Juice Co.

Headquarters: Kinama, Bujumbura

1. Name of the Company and its Headquarters:

Banana Bliss Juice Co. is headquartered in Kinama, Bujumbura, where we produce and sell high-quality
banana juice made from locally sourced bananas.

2. How the Business Project Started:

- Inception: Banana Bliss Juice Co. was founded in January 2021 with the vision of promoting healthy
living through natural fruit juices.

- Products: We specialize in producing and selling freshly squeezed banana juice, free from additives and
preservatives.

- Capital: The initial capital to start the business project was obtained through a combination of personal
savings, loans from family and friends, and a small business grant.

- Assets: Our assets include juicing equipment, refrigeration units, packaging materials, and a delivery
vehicle. These assets are classified as fixed assets on our balance sheet. Depreciation is calculated
annually to account for the wear and tear on our equipment over time.

- Difficulties Faced: Some of the challenges we faced when starting the business included sourcing
reliable suppliers, establishing a customer base, and navigating local regulations.

3. Company Personnel:

- Hierarchical Structure:

- Founder/CEO( Chief Executive Officer)

- Production Manager

- Sales and Marketing Team

- Delivery Drivers
- Contract Types: Our workers are employed on a mix of full-time and part-time contracts, depending on
their roles within the company. Production staff are typically full-time employees, while sales and
marketing personnel may work on a part-time basis.

4. Meeting Frequency and Agenda:

We hold weekly team meetings to discuss production schedules, sales targets, marketing strategies, and
any operational issues that need to be addressed. These meetings help ensure that all team members
are aligned with our business goals and objectives.

5. Financial Situation and Business Profitability:

Our current financial situation shows that we have accounts payable for raw materials and equipment
purchases, as well as accounts receivable from sales made to customers. We closely monitor our cash
flow to ensure timely payments to suppliers and maintain a healthy level of profitability.

6. Company Insurance, Equity, Revenue, Payroll:

- Insurance: Banana Bliss Juice Co. holds insurance coverage for our equipment, vehicles, and general
liability to protect against unforeseen events.

- Equity: We have a mix of equity from the founder's initial investment and retained earnings from
business operations.

- Revenue: Our revenue comes from the sale of banana juice products through direct sales to customers,
online orders, and partnerships with local retailers.

- Payroll: We ensure timely payment of wages to our employees and adhere to labor laws regarding
payroll management.

In conclusion, Banana Bliss Juice Co. is committed to providing customers with delicious and nutritious
banana juice while maintaining a sustainable business model that supports our employees and
community.