Crystal Edge Restaurant Essay Example for Free

quartz Edge eatery EssayType of BusinessCrystal Edge Restaurant is a sole trader move that is owned and operated by Miss Jheneal Hall(a). She is responsible for the daily running of this eating house, any profits or losings or any problems that the occupation line encounters she is held accountable. Crystal Edge Restaurant will hand over exquisite fine dining emoluments to both local residents and tourists who visit the busy argona of New capital of Jamaica. Other individuals from different aras are also welcomed to dine over high quality meals. The main objective here at Crystal Edge is to ensure that persons dine over healthy foods, in a nice discase friendly environment with an essence to feel home away from home.Our mission statement is To ensure that distributively guest receives prompt, professional, friendly and courteous service. To maintain a clean, comfortable and well maintained premises for our guests and provide. To provide at a fair price nutritional, well-prepared meals using only quality ingredients. To ensure that all guests and staff are treated with the respect and dignity they deserve. To thank each guest for the opportunity to serve them. By maintaining these objectives we shall be assured of a fair profit that will allow us to contribute to the residential scene of action we serve.Justification of LoctaionCrystal Edge Restaurant is located in the commercial area of New Kingston at 4-6 New Kingston Shopping Centre. The restaurant is located here for several reasons * Because of the large bit of individuals that come here to shop and work, so therefore it is worth starting up a business in this vicinity because we see where profits can be maximized. * Another reason for the selection of this spot is that it is accessible and safe for customers. * The government provides tax relief for restaurants operating in this areaSelection of reserve LabourThe type of labour necessary at Crystal Edge Restaurant is unskilled labo ur. The restaurant will need a total of nine (9) employees. The employment process will be through with(p) with aid of applications forms and resumes and the nine employees that will be selected will have different roles to play to make Crystal Edge Restaurant a success. The restaurant will need a head chef, an assistant chef, deuce-ace waitresses, two janitors and two moneyiers. The head chef which is also the owner conceptions and prepares the meals with the assistant chef to help in the preparation of meals also.The deuce-ace waitresses will work extremely hard on a daily basis to ensure that the customers orders are taken and the food is delivered to them and also cleans the tables after other customers have finished dining. The janitors are responsible for clean and sanitizing the kitchen and dining area to ensure a clean and healthy environment and lastly two cashiers that cash the orders taken and give a printed receipt. This type of labour is necessary because it is an inexpensive way of accomplishing merchandise and service goals without raising consumer costs.Sources of Fixed and Working CapitalMy sources of fixed and working capital are funding all my savings and a loan from the commercial bank. Some examples of fixed assets that will be bought are equipment, furnitures, dishes, glassware, silverware and cookware. working capital is defined as raw material, money and other items that are use up in the day to day running of the business or the goods that are constantly being used up in the business in it daily operation . Some examples of working capitals are the food inventory, supplies, and workers wages and salaries.Role of the EntrepreneurThe entrepreneur is optimistic and future lie I believe that success is possible and Im willing to risk my resources in the pastime of profit. Im fast moving, willing to try many different strategies to achieve my goals of profits. And Im flexible, willing to change quickly when I get new information. The entrepreneur is also needed to station skills and management abilities to promote production. Three deceases of the entrepreneur are* Entrepreneur initiates the business activityMeaning the entrepreneur has to start the business activity by preparing a proper plan. The plan should deal with the type of goods and operate to be produced, sources of raw material and credit, type of technology to be used, the markets where the products can be sold, etc. The plan should be detailed one covering all the aspects of the business* Entrepreneur is the decision makerThe virtually vital function an entrepreneur discharges refers to decision making in various fields of the business enterprise. He is the decision maker of all activities of the enterprise.* Managerial FunctionEntrepreneur performs a variety of managerial function like determination of business objectives, formulation of production plans, product analysis and market research, organisation of gross revenue procuring machine and material, recruitment of men and undertaking, of business operations. The entrepreneur also undertakes the basic managerial functions of planning, organising, co-ordinating, staffing, directing, motivating and lordly in the enterprise.Type of ProductionCrystal Edge is involved in primary production. Primary production can be described as extracting raw materials from the earth. We are involved in this type of production because we produce breakfast, lunch and dinner on a daily basis, so it is inour best interest to ascend our natural foods such fruits, vegetables and some spices to also reduce expenditures on imports on help to stop orbicular warming.Levels of ProductionCrystal Edge production will be for the domestic market. Meal will be prepared and served to local residents as well as tourist who visit the New Kingston area at reasonable and affordable prices.