Crystal Edge Restaurant Essay

Type of Business watch crystal Edge eating house is a sole trader venture that is owned and operated by Miss Jheneal Hall. She is responsible for the everyday streamlet of this restaurant, any profits or losses or any problems that the line encounters she is held accountable. Crystal Edge eating place go forth provide exquisite fine dining services to both local residents and touring cars who visit the invade ara of New Kingston. Other individuals from other areas are similarly welcomed to dine over high look meals. The main objective here at Crystal Edge is to ensure that persons dine over hale foods, in a nice clean friendly environment with an essence to feel home onward from home.Our mission statement is To ensure that from each one guest receives prompt, professional, friendly and courteous service. To maintain a clean, at rest and well maintained premises for our guests and staff. To provide at a fair price nutritional, well-prepared meals using just now quali ty 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 community we serve.Justification of LoctaionCrystal Edge Restaurant is primed(p) 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 number of individuals that come here to shop and work, so therefore it is price starting up a melodic line in this vicinity because we see where profits can be maximized. * Another reason for the selection of this location is that it is accessible and safe for customers. * The government provides tax relief for restaurants operating(a) in this areaSelection of Appropriate LabourThe type of labour needful at Crystal Edge Restaurant is unskilled labour. The restaurant will emergency a tot al of nine (9) employees. The physical exertion process will be done with aid of applications forms and resumes and the nine employees that will be selected will pass on different roles to play to make Crystal Edge Restaurant a success. The restaurant will need a head chef, an sponsor chef, three waitresses, two janitors and two cashiers. The head chef which is also the owner plans and prepares the meals with the assistant chef to help in the preparation of meals also.The three waitresses will work extremely hard on a effortless basis to ensure that the customers orders are taken and the food is delivered to them and also cleans the tables after other customers gain finished dining. The janitors are responsible for cleaning and sanitizing the kitchen and dining area to ensure a clean and hale 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 harvest-feas tion and service goals without raising consumer costs.Sources of Fixed and Working CapitalMy sources of fit(p) and workings 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 defenseless material, money and other items that are used 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 oriented I believe that success is possible and Im willing to risk my resources in the pursuit of profit. Im fast moving, willing to try more different strategies to achieve my goals of profits. And Im flexible, willing to change quickly when I get immature information. The entrepreneur is also needed to invest skills and management abilities to promote production. Three functions of the entrepreneur are* enterpriser initiates the business activityMeaning the entrepreneur has to start the business activity by preparing a graceful plan. The plan should deal with the type of goods and services 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* enterpriser is the decision makerThe most 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 sales 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 controlling in the enterprise.Type of ProductionCrystal Edge is knotted 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 grow our natural foods such fruits, vegetables and some spices to also reduce expenditures on imports on help to stop global 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.