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POB SBA

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POB SBA

  1. 1. 1 Table of contents Contents Page Acknowledgement 2 Introduction 3 Description of business 4 Justification of location 5 Selection of appropriate labour 6 Sources of Fixed and Working Capital 8 Roles of the Entrepreneur 9 Type of production 9 Levels of production 10 Use of technology 11 Linkages 12 Potential for growth 13 Government regulations 14 Ethical issues 15 Appendix 16 Bibliography 17
  2. 2. 2 Acknowledgement The researcher would like to thank my teacher for her guidance. The researcher would like to thank my family for their support and advice. They all had important work to do but they always found time to discuss my project. The researcher would like to thank God for giving me life to complete this SBA.
  3. 3. 3 Introduction This School Based Assessment serves to introduce you to the student’s entrepreneurial ability in a theory. The researcher examines the three profiles of the syllabus which focus of (1.) Profile 1 (2.) Profile 2 (3.)Profile 3.  Profile 1- Production.  Profile 2- Marketing.  Profile 3- Economics & Finance. The objectives of this propose business is as follows:  To make a profit.  To create employment for the unemployed.  Providing quality goods and services to customers. The name of the business is Austin’s Carwash and Guest House and will be located at Camp and Princess Street Georgetown Guyana, with its main reason for location being:  Many unemployed youths are living in the Charlestown area, so with the business unemployment will be decrease in the community. The entrepreneur will ensure that all Factors of Production are adequately utilized effectively and efficiently. Most importantly is the fact that there will be some form of business expansion both internally and externally over 4 years. Finally all government regulations, quality control measures and ethical issues will be put in place and monitor in a kindly manner.
  4. 4. 4 Description of business The business will be a sole trader by type and will be operated by the owner and his employees. The name of the business will be Austin’s Car Wash & Guest House. The business will be proving the service of washing vehicles, and a service of relaxation and recreation. Objectives  To make a profit based on investment.  To create employment for the unemployed youths in the community.  Providing quality goods and services to customers. Mission To be highly competitive in the business of car washing and hospitality.
  5. 5. 5 Justification of location The business will be located at 12 Camp and Princess Street Georgetown Guyana. Reasons for location  Proper roads and drainage around the area in which the business will be located. So the water from the car wash will drain off very quickly and in the area the business is located there is smooth road for the customers to drive on.  The business will be located at least half a mile away from the capital of the city. So customers won’t have to travel a long distance to reach to the business, e.g. Customers who comes for holidays like Mash-Ram-Mani won’t have to take a long drive to see the floats.  Many unemployed youths are living in the Charlestown area, so with the business unemployment will be decrease in the community.
  6. 6. 6 Selection of appropriate labour Number Type Labour necessary Functions 1 Cleaner Manual Labour Clean rooms in the hotel. 1 Cleaner Manual Labour Clean the yard in the mornings. 2 Guards Manual Labour To guard the compound. 7 Car washers Manual Labour To wash the vehicles. 3 Bargirls Semi-Skilled To sell drinks. 1 Porter Manual Labour To show customers to their room 2 Desk Clerk Semi-Skilled To give the customers their keys to the room, and collect the fee.  The business will have two (2) cleaners; one will clean in the building while the other cleaner cleans the compound.  It will also have two (2) guards; they’ll work on shift system one during the day while the other will work during the night. The guard’s duty is to guard the compound.  The business will have 10 car washers, who’ll wash the customers’ cars throughout the day.  It will also have three (3) bargirls who will be working on shift system, 8 hours rotatable.  The business will have one porter to show the customers to their rooms.  It will also have two desk clerks with will work on a 12 hours ratably shift. They will give customers the keys to their room.
  7. 7. 7 Manual labour is necessary in the business because it’s a carwash and also a guest house, the car washers will need to work on ideal timing to wash the vehicles, while the cleaners on the guest house will have to clean efficiently.
  8. 8. 8 Sources of Fixed and Working Capitol The sources of fixed capital in this business are banks e.g. barrowing a loan worth $50000 with a 10% interest rate. The other source of fixed capitol in this business will be the inheritance that the entrepreneur receives from his family, e.g. Money and lands. Working capital will be the amount of money for day to day operations e.g. Sales and profits and with these the business will be able to: Pay bills, pay workers and pay creditors.
  9. 9. 9 Roles of the Entrepreneur The role of the entrepreneur within this business will be to organize the various factors of production, e.g. with the land; the entrepreneur built the business. Labour represents the amount of people hired in the business and skills necessary to manipulate within the carwash and guest house. Capitol represents the money necessary to pay for land and labour. The entrepreneur will also be planning and developing new ideas for the business to provide better services. Type of production The type of production that will be used within the business will be tertiary production. Tertiary is the provision of a service. Since the business is a carwash and a guesthouse it will be providing the service of washing cars and hoteliering to the community and its customers.
  10. 10. 10 Levels of production The type of production:  The level of production in the business will be domestic level production. Description of the level of production:  Domestic production is when you’re catering for local, community or country. The business will be catering for the community of Charlestown and will be using local materials from within the country. Qualities control measures that the business should adhere to:  Austin’s Carwash and Guest House provide the service of car washing and hoteliering. Two quality control measures the business will practice are: 1) to have health inspectors to come into the business and check the guests’ rooms and the environment to ensure it is workers and customers friendly. 2) If the guest house personnel discover someone violating the law, behaving suspiciously or an offender wanted by the public security organs, the matter shall be reported immediately to the local public security organ. Concealing knowledge of a case or harboring an offender shall not be permitted.
  11. 11. 11 Use of technology Two types of technology that will be used in this business are:  Water pump  Buffer/Polishing machine The water pump will enhance the force of the water to wash the cars and the yard faster, more clean and efficiently than a normal hoes connected to a pipe. Without the water pump the business could lose customers due to having them wait for a long period for a car to wash. The buffer/polishing machine will enhance the business because polishing the vehicles with your hands is time consuming and may not clean the car like the buffer can, while the buffer/polishing machine is both efficient and less time is wasted.
  12. 12. 12 Linkages The types of linkage that will be deprived from this business are both forward and backward linkages. Forward linkages will be deprived in the business because water is a raw material, the business will be link with G.W.I (Guyana Water Inc). Forward linkage is the distribution chain connecting a producer with the customers. Backward linkages will also be a part of the business because the beds for the guest house will be bought from another business e.g. Courts. So therefore the business will have a mixture of both forward and backward linkages. One benefit of the backward linkage is that the bed is already made; you don’t have to waste time and money to build the beds.
  13. 13. 13 Potential for growth Austin’s Carwash and Guest House can grow both internally and externally. Two ways in which the business will grow internally are: 1. Upgrading with new and improve machinery to wash the vehicles. 2. The business will hire more skilled workers to operate these machinery To expand externally the business will: 1) Open new branches in the rural area around the country 2) The business will advertise through the radio, television and notices
  14. 14. 14 Government regulations Some government regulations are:  License to operate the business  Employee’s tax  Environmental License to operate the business- Without a business license the business will be illegal and shareholders will not be permitted to provide a service. Employee’s tax- Every month the owners of the business will have to pay their tax out of their payment to the government. E.g. N.I.S contribution The environment has to keep clean at all times or the business will be shut down by the government.
  15. 15. 15 Ethical issues Environment The name of the business will be Austin’s Carwash &Guest House. The business will be located at 12 Camp and Princess Street Charlestown, opposite Nicky’s store. The building will be paint in blue and white. The environment is a business oriented area, some of the business surrounding are: NY Carwash, Nicki’s store, Bobby’s internet, and two drug stores. The environment is very peaceful because there is very little conflicts that occur there, but in the area it have a lot of people so the noise level is high. The environment is clean because there is a frequent garbage disposal system that picks up garbage twice per a week.
  16. 16. 16 Appendix
  17. 17. 17 Bibliography Name of author: Karlene Robinson and sybile Hamil Name of book: CXC principles of business with SBA Guides Place of Publication: Carlong Publisher Year of publication: November 1997

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