AcknowledgmentI would like to thank the following persons for helping me with this assignment firstly I

would like to thank God for giving me the wisdom and understand to complete this school

based assessment (SBA) secondly I would like to thank my mother for helping me to type the

SBA. Thirdly I would like to thank my Principles Of Business (POB) teacher for reviewing

my (SBA) over and over correcting me thanks, fourth and finally I would like to thank all my

classmates who helped me thanks.

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IntroductionIn the pages of this principle of business school based assessment (SBA) you will see the

creation of my future bakery SSweet Things bakery form the start to finish. You will see in

details of the creation of the business for example the description of the business, location

and the linkages.

This will also help the person who is reading this to educate them some of the thing business

should have to be successful.

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Description of businessType of business

SSweet Thing bakery this company will be operation as a sole trader

Nature of the business

SSweet Thing bakery is a private company that produce baked products such as bread, cakes

and donuts to school and whole sale/supermarkets. We also transport the products to

customers. Customers can order and pay online.

Objective

To obtain as much profit as possible.

To provide excellent customer service.

Always gain new customers daily.

To produce high quality goods.

Produce quality baked products cost effectively; in an environment that is safe, clean

and friendly to our customers.

Mission statement

To produce high quality bake products that customs can enjoy on a daily bases.

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Justification of location

Location of business

The business will be located at 17 King’s Way Portmore P.O St. Catherine.

The reason for selecting this area is because it’s a well-populated area that is filled with

institution and wholesales/supermarkets that will be my main customers. This area is also a

low crime and the community an easy to access (good roads). This area is also filled with

small shops and the business will still be operable during the Christmas and summer holidays

when schools are closed. This area is also near to the companies such as Spanish Grains ltd

and National Food Store that will supply us with the raw materials that we need to be in

operation. Most of our ingredients are bought from local framers in the community and

surrounding communities.

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SELECTION OF APPROPRIATE LABOURThe labours that will be required are skilled and semi-skilled the company has experienced

staff all employees must have at least 2 years of training and experience. The entrepreneur is

looking to employ 16 employees to fill the available positions

Owner/operator = to services is the main priority ensure customers service is the main

priority making financial decision checking the new products hire new staff and

discard underperforming staff.

Secretary: order raw material and paper word and record the sales and purchasing and

answer all calls, collect the orders and send out emails.

Accountant; preparing all the workers’ salaries and analysing the company profit

gains and lost.

Baker; mixing, baking and decorating the products.

Janitor; cleaning the ovens, utensils that are use daily and maintain the company.

Packager; to package all products and make sure they are all properly seal and make

sure its baked properly.

Truck driver; this person will deliver the products to the many customers location in

and out of the community.

Merchandisers; putting the products on the shelves of the supermarkets and

wholesales and taking off the expired goods.

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Source of fixed and capital

The capital will be obtain by a loan from the nation Commercial Bank (NCB) a sum of two

million dollars (2,000,000.00) this loan will be used to perches the property where the bakery

will be located.

Working capital are stock of material; cash, bank balances, and other items required for the

day to day operation of the business and are continually being used up to buy additional

equipment.

SSweet Things bakery capital will be obtain from personal savings, a sum of one million

dollars (1,000,000). This money will used to purchase equipment such as industrial ovens,

industrial mixers, and mixing bowls and other utensils.

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Role of the entrepreneur

An entrepreneur is a person that creates and operates their own business and takes one the

risk of the business and who has the vision of how the business will proceed on the right path.

These are the functions of an entrepreneur.

1. Money management = making sure that the company gain profit and also pay the

company expensive.

2. Planning = planning the future of the business.

3. Sale or products= the entrepreneur is also responsible for marketing offered the

business offer.

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Type of production

This is a bakery that produce bread, cakes and bulla’s, donuts and buns. These will be

made daily however if there is a very large order we will start to make them 1-2 days before

the day of delivery. There are no special days to bake anyone of products all are baked daily.

The company makes fresh and well make products that are well put together and made with

the best ingredients.

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Levels of production SSweet Things Bakery will be engaging in the secondary level of production/domestic

market selling to schools and wholesale but also to other business like hotels and places

where they need catering service for baked products.

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Quality control measuresThree quality control measures the business will adhere to

Blind test SSweat Things will do this test to make sure everyone of our products are

up to standard

Quality control; this will make sure that SSWEET things product are what we say it is

and make sure it’s not burn and not under baked, all the workers are trained to spot

out the products that are not properly made to remove it and report the mistake.

Timely productions making sure all our products are prepared on time to be delivered

to the customers.

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USE OF TECHOLOGYIdentify two types of technology

Two types of technology that will be used are

Computers = the computer will have a Management Information Iystem (MIS) that will help

with the analysing of the daily operations of the business. Computer will have other programs

such as QuickBooks and other accounting programs allow the businesses to keep detailed

records. These programs track accounts payable, accounts receivable and sales. They also

will provide an easy and quick way for the business to send out invoices to customers and

handle payroll functions. Back office productivity and accuracy will increase greatly when

using this accounting program.

The internet = This will use to advertise the company on the wed on social media site such as

Facebook and Instagram also the internet will be used to Save on literature costs Providing

the information online reduces the need to print and mail product literature, thereby resulting

in significant cost reductions.

Industrial oven= they will help to bake more of the products faster with less human resource.

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LinkagesState the types of linkage to be derived from the business.

The company will gain most their raw materials such as flour, baking powder and sugar from

Spanish grains wholesale which is located less than a mile from the location where the

business will be located.

Milk, eggs and cinnamon sticks and powder will be obtained from the small farmers

in the community.

Butter and other raw materials will be bought from Caribbean Distributers.

The paging materials such as plastic raps will be bought from an overseas company

called NAPCO group of companies.

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Potential for growth

The company plans to grow internally by adding more staff and equipment.

The company will grow year by year from the profits that are gain, the company plan to

spread across the Caribbean over the next two (2) years opening at least one (1) branch in

each Caribbean country and introduce new flavours and products. The company plans to sell

shares as a way to growth.

Internal growth

year 1-2 year3-4 year 5-6 7 and over 05

1015202530354045

External growth

year 3-5 year 6-8 year 9-11 year 12-1405

101520253035404550

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Government regulations

The regulation will impacts the business positively it allows the customers to see that we

are regulated and have the permission from the government to be in operation also make the

customers trust our products and know that we are supervised by the Ministry of Health all

works are healthy and are not sick they all will have food handlers permits.

The company will be supervised be the ministry of health very often to see that the company

meets the health requirements.

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Ethical issues

The business will have short term payment plan to the schools and wholesales this will help

us to help your customers to choose us over the other bakery’s this company has a lot of

different payment plans , this company also makes sure that all the staff are trained to give

the best customer service

The workers should be present and start working by 9:00am and finishes at 5:00pm this is a 8

hour shift the company plans to pay each worker between $7,000.00 to $8000.00 per week

with the acceptation of the accountant and the Secretary they will be paid from $30,000.00 to

$40,000,00 monthly. All of the workers are paid after tax.

The cake, bread and buns will be price buy their weight (pound or kilogram)

Cakes = $500 per pound

Spice Buns = $200 per pound

Breads =$100 per pound

Everything else like donuts, cupcakes, bulla’s and sugar buns will be sold in pack of 3,6,12

and 24.

Whenever a customer buys/order over 100 and over of a product they will get a 10%

discount.

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Reference

Book; Principles of Business for CXC

By Trevol marshell 2000 and Nelson Thornes, 30 May 2000 - Business - 232 pages

https://books.google.com.jm/books/about/Principles_of_Business_for_CXC.html?

id=g3ZUDE4sq3MC

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Appendix

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