Title: Chalk Manufacturing Company

1. Name of the Company and Headquarters:

Chalk Manufacturing Company

Headquarters: Cibitoke, Bujumbura

2. Business Project Initiation:

- Established in January 2023

- Chalk Manufacturing Company specializes in the production and sale of high-quality chalk for
educational and artistic purposes.

- The initial capital was sourced through a combination of personal savings, a small business loan, and
investments from family and friends.

- Assets: Machinery (chalk-making equipment), raw materials inventory, finished goods inventory, and
office supplies. The book value of assets is regularly updated to reflect depreciation based on the
straight-line method.

- Initial difficulties included sourcing reliable suppliers for raw materials, setting up distribution channels,
and establishing brand recognition in the market.

3. Company Personnel:

- CEO( Chief Executive Officer)

- Production Manager

- Sales Manager

- Administrative Assistant

- Contact types: Full-time employees with permanent contracts.

4. Meeting Frequency and Agenda:

- Weekly team meetings are held to discuss production schedules, sales targets, marketing strategies,
and any operational challenges. Monthly performance reviews are conducted to track progress against
set goals.

5. Financial Situation:

- Liabilities: Loans payable to financial institutions for machinery purchase, accounts payable to
suppliers.

- Assets: Accounts receivable from customers, inventory of finished goods.

- Profitability: Chalk Manufacturing Company has shown steady growth in revenue since inception, with
a focus on expanding market reach and enhancing product quality.

6. Company's Insurance, Equity, Revenue, Payroll:

- Insurance: ChalkCrafters holds comprehensive insurance coverage for its assets, employees, and
liability protection.

- Equity: The company's equity position is strong, with a healthy balance sheet reflecting prudent
financial management.

- Revenue: Chalk Manufacturing Company generates revenue through direct sales to schools, art stores,
and online platforms.

- Payroll: Employee salaries are competitive and paid on a bi-monthly basis, with bonuses linked to
performance targets.

In conclusion, Chalk Manufacturing Company is committed to producing top-quality chalk products

while maintaining a strong financial position and fostering a positive work environment for its
employees.