Premium Essay

P.O.B Sba

In: Business and Management

Submitted By Dejonay
Words 1234
Pages 5
TYPE OF BUSINESS
The type of business we will be engaged in is that of a private limited company.

NATURE OF BUSINESS
The nature is to produce brand name quality motor cars. To provide the society with the various motor cars they need for transportation.

OBEJECTIVES FOR THE BUSINESS
The objectives for the business are to produce motor vehicle of high quality, to gain financial independence and also to gain a profit.

Pg 1 JUSTIFICATION OF LOCATION
The business will be situated at 17 half way tree road, Kingston. The three reasons why my business will be located at this area are as follows:
- The business will be located close to raw materials, therefore saves the company extra expenses as raw materials are easily allocated.
- The business is situated where needs such as electricity, water etc are easily available for use.
- It is also situated at a location where it is convenient for business transactions to take place.

Pg 2 SELECTION OF APPROPRIATE LABOUR
For this LABOUR venture we will need both skilled and unskilled persons to aid in the development and growth of the business. The company requires a maximum of ten (10) skilled employees they will be separated in two departments, overseen by two managers. One will be in charge of the accounting department and the other in charge of the sales department. Also we require two supervisors one for each department. To supervise the other employees and to give instructions and directions not only to the other employees but also to the managers as well.
A quality control officer is also needed to see to it that the quality and the conditions of our motor cars are up to standards Two...

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