CHAPTER I MANAGEMENT ASPECT

INTRODUCTION: Todays baking industry must first and foremost adapt to changing eating habits around the world. The range of available products is expanding and becoming increasingly international. Consumer demand for convenience foods and health products that contain low levels of fats, sugar, and calories is also growing. And also, consumers want it all great service, competitive prices and uni!ue, flavorful foods. "n short, they want a memorable dining experience. #o, we decided to establish a $read %ueens mission is providing responsive, personal service and support we will consistently meet and exceed the needs of ever&evolving marketplace.

At $read %ueens, we put our heart and soul into every product we make. 'e live and work by a set of values and driven by our commitment to always deliver on our promises. (or over five years preparations we assure that we provide the customer a highest !uality of baked products at the best possible value. $read %ueens always delivers satisfaction.

$read %ueens is an establishment that produces and sells flour& based food baked in an oven such as breads, cakes, pastries and pies. "t upholds stringent !uality standards and has a (ood #afety )rogram in place to assure !uality across our operations, from incoming ingredients to delivery of finished goods.

A.) NAME OF THE FIRM The business proponents came up with the $read %ueens as the name of their business. The word *$read+ refers to the baked products that we offered to our beloved customer. The *%ueens symboli,es the partners involved namely #hiella -ae -acatangay, .oane -acatangay and Chenee /ose Chave,.

B.) LOCATION $read %ueens location site will be at 0eneral -ariano Alvare,, Cavite. 'e all know that the people love to eat bread. They always look out on the products with low and affordable prices and have a good !uality of taste. "t is a great deal to have a business near to the people, since it is near at the 1ulogio Amang /odrigue, "nstitute #cience and Technology 21A/"#T3 and other schools, church and supermarket it is suite to all shoppers. C.) FORM OF BUSINESS "n operating this kind of business a greater amount of capital is needed so it is advisable to form a partnership aside from it is easy to organi,ed, also better management will result because of the concerted managerial skills, efforts and experiences of the partners.

As a partnership $read %ueens must compiled with the 4egal Aspect in order to open and start the operation. 5ere are the lists of the stages re!uired for accomplishment. /egistered the business name to the 6epartment of Trade and "ndustry 26T"3 for the certification of the business. A certificate of assurance that no one aside from the partners has the authority to use the name of the business. #ecure Clearance from the barangay for the legal permission of the usage of the site. 0et approval from the -ayors 7ffice of the -unicipality to secure $usiness )ermit and 4icense to operate. Ask the $ureau of "nternal /evenue 2$"/3 for the registration of its account such as $ook of Accountancy and other financial statements. The $"/ will also give the T"8 9. (ile /egistration from the #ecurities and 1xchange Commission 2#1C3.

MANAGEMENT RESPONSIBILITY

1very member of the management is expected, as an essential part of his or her responsibilities, to promote interests in the workplace to act within the framework of the companies principles and corporate policies. To be effective and efficient the people should know their duties and responsibilities in the company.

General Manager : the one who has the right to supervised the overall transaction within the company. As a general manager she must ensure that the company will implement and maintains the policies, rules and regulations within the organi,ation. #he must follow the Company sales and production planning standards and will ensure that the subordinates achieves the standards of performance as outlined in the work plan. 0eneral -anager will also ensure all new employees associates receive proper training and supervision and will ensure correct ordering, receiving, unloading, storage, and rotation of merchandise and building of displays.

Assistant General Manager & are responsible to assist the general manager implement the policies, rules and regulation and also to make

sure that all them are performing all the duties and ;ob functions. #he must follow approved procedures for receiving product, price marking, and restocking cases to ensure !uality protection, accuracy, and product rotation. #he will assist customers and will properly

merchandise products in display cases and price correctly according to company standards.

Finan e Manager : whose duty is to act a cash custodian of the company and does all the financial planning schemes as well as the investment schemes. As a finance manager she is responsible to ensure that all the transactions are properly recorded and have a supporting document.

Cas!iers : "n Charge of the counter area and see to it all orders are accurately served and paid. And also the responsible for any discrepancy in terms of cash. #erve as the primary factor of customer satisfaction. Ba"er # is the most reliable and trained crew of the business. 5e is in charge in production of the baked products. 5e is responsible for the observance of !uality and !uantity of products being served. #erve as

the team leader and provides the management team of necessary information regarding the workers procedure, behavior and differences

Sales Re$resentati%e # are generally very well&informed about the companys products. They can clearly explain the different types of products to help customers make informed decisions about their purchases.

&e' Pers(nnel

"n the business industry the personnel are the key for the success of the business. They play the vital part because they are the one who makes the company best in the field of business. #o, it is very important to have an Administrative discipline of hiring and developing employees that they become more valuable to the organi,ation. "t only means that all the personnel must pass the necessary test and interviews conducted by the 0eneral -anager. )*ali+i ati(ns ,. Ba"ers -ale, <= years old and above At least high school level

 5as an experience on baking )hysically fit and can work with pressure. -. Cas!ier (emale, <= years old and above At least college level 5onest and responsible 5as a pleasing personality )hysically fit and can work with pressure. .. Sales Re$$resentati%e (emale, <= years of age and above At least college level -ust have a good communications skills. )hysically fit and can work with pressure.

C7-)18#AT"78 )4A8# A86 7T51/ $181("T# A.Salar' M(nt!l' Salar' )hp Ba"er >,?==.== )hp Cas!ier >,===.== Sales Re$resentati%e )hp P(siti(n Ann*al salar' )hp @A,===.== )hp @<,===.== )hp

T(tal B.Ot!er Bene+its ### $181("T#

?,B==.== P!$ ,/0122.22

>B,A==.== P!$ -,30422.22

a. #ickness $enefits b. -aternity $enefits c. #alary 4oan 5oliday )ay )hilhealth )ag&ibig (ree -edical Consultation

BREAD )UEENS ORGANI5ATIONAL STRUCTURE

GENERAL MANAGER

ASSISTANT GENERAL MANAGER

FINANCE MANAGER

BAKERS

SALES REPRESENTATIVE

CASHIER

CAPITAL CONTRIBUTION

Ca$ital0 C!eenee R(se0 3222220 -/8 Ca$ital0 SHIELLA0 9 9222220 328

Ca$ital0 6OANE0 7222220 .78

C!eenee R(se

6(ane

S!iella

T'$e (+ Partner #hiella -ae Capitalist -acatangay )artner Capitalist .oane -acatangay )artner Cheenee /ose Capitalist Chave, )artner Na:e

Ca$ital )hp >==,===.== )hp ?==,===.== )hp B==,===.==

S(*r es (+ Ca$ital )ersonal #avings and Cash from parents #ale of 4and /etirement of (amily -ember and )ersonal #avings

That the capital of this partnership is 7ne -illion (ive 5undred Thousand )esos 2)hp C,?==,===.==3, which has been contributed as follows in the amount of #ix 5undred Thousand )esos 2)hp

>==,===.==3 for #hiella -ae -acatangay, (ive 5undred Thousand )esos 2)hp ?==,===.==3 for .oane -acatangay and (our 5undred Thousand )esos 2)hp B==,===.==3 for Cheenee /ose Chave,.

That #hiella -ae -acatangay will serve as 0eneral -anager of the company with the right to overall supervision and the preparation and signing of contracts and agreements. .oane -acatangay is designated as Assistant 0eneral -anager helps the 0eneral -anager in monitoring the transaction in the company and takes the responsibility of the $akery -anager in case it is absent. Cheenee /ose Chave, as

the (inance -anager whose duty is to act as cash custodian of the company and as finance manager does all the financial planning schemes as well as the investment schemes of the company.

That the purposes shall be to engage in produces and sells flour& based food baked in an oven such as breads, cakes, pastries and pies. To provide the customer a highest !uality of baked products at the best possible value.

That the profits and losses shall be divided to the partners namely #hiella -ae -acatangay, .oane -acatangay and Cheenee /ose Chave, in accordance with their capital ratio respectively. They shall receive in addition to their share in the profits, a monthly allowance of (ive Thousand )esos 2)hp C=,===.==3 each, until otherwise changed by the partners.

Activities Sept. %eseac& on t&e nature of business '&oosing prospective location Surve$ on t&e availabilit$ of t&e (ar)et 'o(petitors and #ar)et Acceptabilit$ "or(ation of Business %egistration of business na(e *it& +, and securing legal re-uire(ent Obtaining #a.or/s Per(it %egistration *it& S0' Organi1ing and ,nstalling necessar$ e-uip(ent2 (ac&ineries and fi3tures. 4irig2 Orienting2 +raining of Qualified 0(plo$ees %egistration *it& SSS2 P&il&ealt&2 and PA56 ,B,5

Business Plan before starting Bread Queens 2013 ec "eb Oct. Nov. . !an. . #ar. Apr. #a$

2014 !un e !ul$

Aug .

Sept.

Oct.

Nov

BREAD )UEENS ;Ba"es!($)

A (easibility #tudy #ubmitted to the (aculty of $usiness Administration Dniversity of -akati

"n )artial (ulfillment of the Course /e!uirements in (inancial -anagement C

#ubmitted to: 6r.(elomino #. $elinario )rofessor

$y: #hiella -ae #. -acatangay "E& $-A