Business project 1 slides (1)
- 24. Partnership -Legal paperwork is simple and low cost -Easier to get capital due to more owners
- 25. 1) General manager Oversees general restaurant operations Hires & manages staff Working on marketing initiatives Requirements (Adele) - Excellent interpersonal communication skills - Have leadership skills - Understanding of food safety, equipment safety & sanitation regulations
- 26. 2) Shift manager Oversees restaurant operations during certain shifts Responsible for monitoring cash handling Directs kitchen workers & take orders Requirements ( Li Sze ) - Knowledge of all employee roles in a given shift - Team-leading skills - Physical requirements including standing, bending, lifting
- 27. 3) Cashier Responsible for taking cash and debit/credit cards Make change for customers Working with manager to handle, record & store all cash correctly Requirements ( Sheng Zhe ) - Excellent math skills - Attention to detail - Friendly & clear communication skills
- 28. 4) Waiter Take orders from customers Serve food for customers Requirements ( Kenneth ) - Polite to customers - Understanding of time management - Friendly & clear communication skills
- 29. 5) Delivery guy Deliver food to the location of customers Requirements ( Darren ) - Good in time management - Able to deliver food to customers in minutes - Have high stamina & be sporty
- 31. CAPITA L Adele : RM 35,000 Darren : RM 20,000 Ng Sheng Zhe : RM 15,000 Kenneth : RM 15,000 Li Sze : RM 15,000 Total : RM 100,000 Bank loan from Citibank : RM 10,700 Invested by owners Loan from lenders
- 32. TOTAL CAPITAL RM Renovation & permit = RM55,00 0Monthly expenses ( rental + labour wages + Insurance + raw materials ) = RM 16,700Furnitures & Utilities = RM39,00 0 MONEY NEEDED TO START THE BUSINESS Start up expenses Amount (RM) Graphic logo & outdoor sign 4,000 Permit 1,000 Renovation 50,000 Furniture 10,000 Food processor & machines 10,000 Kitchenware 2,000 Receipt printer 500 Sink 1000 Fire extinguishers 500 Refrigerator 10,000 Electrical appliances 5,000 Rental (monthly) 5,000 Labour wages ( 1,000 x 5) (monthly) 5,000 Insurance (monthly) 6,000 Raw materials 700 Total start-up costs 110,700
- 33. YEAR 1 YEAR 2 YEAR 3 R = RM 584,000 P = RM 270,300 L= RM 15,000 R = RM1,168,000 P = RM540,600 L = RM 30,000 R = RM 1,752,000 P = 810,900 L = 25,000 FORECAS T PROFIT AND SALES OVER THE NEXT 3 YEARS R = REVENUE P = PROFIT L = LOSSES
- 35. DISTRIBUTION OF PROFITS AND Adele : 35% Darren : 20% Ng Sheng Zhe : 15% Kenneth :15% Li Sze : 15% SALAR Y RM Adele : 3000 Darren : 1500 Ng Sheng Zhe : 2000 Kenneth : 1700 Li Sze : 2500
- 36. -What Are the Benefits of Fast Foods? (2015, April 22). Retrieved October 24, 2015. -Advantages and Disadvantages of Fast Food - Fast Food Menu Prices. (2013, July 11). Retrieved October 24, 2015. - Fast Food Restaurant Roles and Job Descriptions (2013, December 29). Retrieved October 21, 2015.