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FEASIBILITY STUDY -ORGANIZATION FEASIBILITY -BUSINESS STRUCTURE -FORM OF THE PROPOSED BUSINESS -AVAILABILITY OF MANPOWER -GOVERNANCE AND DECISION MAKING STRUCTURE -BUSINESS POLICES General Policies Hiring Policies
FEASIBILITY STUDY
-ORGANIZATION FEASIBILITY
-BUSINESS STRUCTURE
-FORM OF THE PROPOSED BUSINESS
-AVAILABILITY OF MANPOWER
-GOVERNANCE AND DECISION MAKING STRUCTURE
-BUSINESS POLICES
- General Policies
- Hiring Policies
- Personnel and Working Policies
- Operating Policies
- Safety Measures
- Quality Standard
- Waste Management
This is my business Proposal "service" . ( instax printing service) (FOR GUIDE)
BUSINESS POLICIES Business policies establish the rules of conduct for a colnpany. They not only describe the responsibilities for the employer and the employees, they also create a frame of reference for handling the countless issues that arise in an organization. {Woodruf 2(119]. Chic 'N Veggie Nuggets business policies are as follow: I Sanitize and follow health and safety protocols. I Always wear face mask. I Wearing ofworking uniform before starting the operation. I Observed cleanliness. I Any gadgets like mobile phones are strictly prohibited during working hours unless there's an emergency. General Policies The main role ofa general policy in a company is to express the vision of entrepreneurs or the management, so that all employees will work towards the same goal. These following policies listed below are meant to be understood by me employees together with the business owners and managers that are reading them, holding others accountable to them. and living by them. I Employees must have proper orientation with regards to the approved policies of the business. guidelines of the production and the rules of the company must be well explained. I Business owners should be able to provide a safe working environment for their employees and other requirements that are applicable to the business's undertakings. I The employers and employees within the workplace should be able to create and build a very strong relationship to improve and enhance work efciency. Hiring Policies Chic 'n Veggie Nuggets is committed to creating and fostering environments where everyone is equally supported and empowered to realize their full potential. Hiring teams should aim for a wellplanned and discriminationfree hiring process. Everyone interested are able to apply. Chic 'n Veggie Nuggets needs people who want to excel in delivering outstanding service. The business believes that hiring qualied individuals to fIll positions contributes to the overall success of the company. Each elnployee is hired to make signicant contributions to Chic 'n Veggie Nuggets. 1n hiring the most qualied candidates for positions, the following standards should meet: Applicants must be 1830 years old Applicants must be healthy Applicants must maintain good personal hygiene Quality customer service and communication skills Flexible Positive Attitude Honest Personnel and Working Policies Chic \"n Veggie Nuggets ensure that everyone is treated fairly and equitably regardless of their race. creed. color or sexual orientation. The business is intended to ensure that the treatment of employees and employers is based primarily on their job performance. The common types of activities guided by the laws and regulations that are included in the Chic 'n Veggie Nuggets' personnel policies are. recruitment and hiring. benefits and compensation, afrmative action. rights of privacy, discrimination and harassment, and wrongil termination. These are the following policies when the business gets bigger: Anti-harassment and non-discrimination. These policies prohibit harassment and discrimination in the workplace. Meal and break periods. A policy on meal and break periods informs employees of the frequency and duration of such breaks as well as any rules or restrictions related to break periods. Internet and social media use. A policy to limit the employee's personal internet use and ensure everything they do online in the workplace is legal. ethical and appropriate. Timekeeping and pay. A timekeeping policy informs employees of the method for recording time worked and the importance of accurately recording their time. Safety and health. Safety policies describe safety and emergency procedures and require employees to report workrelated injuries immediately. I Employee conduct. attendance and punctuality. Attendance policies make it clear that employees must be ready to work at their scheduled start time each day and provide procedures for informing the company of an unscheduled absence or late arrival. Operating Policies A business' success or failure relies heavily on the efficiency of operations. lChic 'n Veggie Nuggets establish a good manufacturing or operating policies to meet quality standards and ensure that the employees will handle and manufacture products safely and consistently. Each employee in our organization is responsible for guaranteeing that their work processes are effective and continually getting better. Write down below are the operating policies: I Inspect and test materials. equipment, and supplies used in manufacturing process so as the raw ingredients before cooking and releasing it its nal customer. I Cleanliness is a must in the area. I Safety first, quality next. I Hold and conduct training sessions especially on newly hired employees. I Perform an annual review about the operating procedures from the employees. Safety Measures It is extremely relevant for a person to bear in mind that the most important standpoint to remember in all aspect of our lives is that safety is everyone's job and it is a team effort. It is basically a responsibility that must be accepted throughout the working day since you are responsible for your own safety and the safety of other people around you. The proponents come up with these guidelines so that every employee will commit themselves to the safety on me job and this will completely turn very benecial for everyone. The following safety precautions mentioned below are the rules that should obey inside the work area: I Fulll and accept safety codes. signs, stickers, and tags. I Never work while under the influence of drugs or alcohol, as you are a hazard to yourself and your co-workers. I Carelessness and ignorance are prohibited. I Stay completely alert and attentive on the job. I Get rid ufull dirL. grease, and Lrasll promptly to reduce fire lmzarda and to eliminate breeding places for rats and cockroaches. I Always give notice of \"hot stuff\" when moving hot containers or pans froln one place to the other to avoid burns. I When grating foods like vegetables, never work the foods too close to the cutting surface and use the right knife for the job. Quality Standards Chic \"n Veggie Nuggets is a high quality product that is safe. colnpliant and preferred. The researchers are committed to providing complete customer satisfaction to the best of its abilities and to ensuring that all internal procedures and practices are suitable for that purpose. At Chic 'n Veggie Nuggets. our Quality Standards summarizes the essential elements of our commitment for excellence and includes: I Promoting a quality mindset with the objective of developing, manufacturing, and providing high quality products that are 'ee from defects and deficiencies I Ensure cleanliness and safety of the product so that it will serve in its best in the market. I Guarantees full compliance by complying with relevant laws and regulations as well as respecting our business policies, principles and standards with full transparency. I Continuously challenging ourselves to improve the quality management system to guarantee product safety, prevent quality incidents and eliminate defects through the review of quality objectives and results. I Encouraging participation and promotion of quality responsibilities amongst all employees through proper standardsi education, training and coaching. supervision and effective communication. Waste Management Managing waste and reusing it in a cost-effective way has turned into an encouraging task especially now. By virtue of the fact that. attaining a solid waste management plan is crucially important for a business or organization because it can help to lower operating costs and increase overall efciency. On top of that, it can potentially boost the organization's environmental credibility. In that case1 Chic 'n Veggie Nuggets prefer to practiced using take-out boxesi dine-in paper plates., and paper bags that are basically made up of recyclable material which is papers as our packaging rather than using either of Styrofoam or plastics. Even though paper has lesser durability and cannot be reused as many times the plastic one, paper anyhow decomposes much more quickly than a single plastic that proceeds between 400 to [.000 years to decompose. We can say that, through this little way we can contribute and be one of the enviromnentaIfriendly business' around the globe as we aims to be socially and environmentally responsible knowing that we are not just completely focused on earning prot but also we are committed and sincerely concern in relation to helping back our comlnunity so as in preserving our nature. In line with this, the following waste management policy stated below should be observed: I Practice the proper waste disposal and management within and outside the workplace I Segregate recyclable paper products as possible I Rather than dumping, give wasted foods to animals. I Consider length of warranty and availability of repair services when purchasing equipment I Order supplies in bulk to reduce excess packaging. . AVAILABILITY OF MANPOWER Manpower is dened as the total number of individuals who are elnployed in a company or ' available for a particular project assignment or work [SabharwaL 2(11 1]. Chic 'n Veggie Nuggets is just getting started and still on its introduction stage, hence. only the researchers are the available - manpower. As a start-up business, they still cannot afford to hire someone but the support of their family and friends is a great help for them. Chic 'n Veggie Nuggets will be operated by three entrepreneurs with equal ownership ofthe brand. The researchers will be assigned to their respective eld of expertise to ensure the progress of the business. There will be a specic person in charge in different areas of the business to assure the organization of the conduct of business. With this, Chic 'n Veggie Nuggets will easily meet its labor productivity and protability ofthe business. GOVERNANCE AND DECISION MAKING STRUCTURE Governance is the systeln by which entities are directed and controlled. It is concerned with structure and processes for decision making, accountability. control and behavior at the top of an entity. Governance inuences how an organization's objectives are set and achieved, how risk is monitored and addressed and hour performance is optimized. (Harris, 2018} To improve the performance of the business and to ensure the business would last in the long run, Chic 'n Veggie Nuggets have three areas for governance and decision making structure. Operations Manager is in charge of directing the business' daily activities for the benefit of the organization and customers. We choose Mr. .Ihunel P. Razo as the operational manager of Chic 'n Veggie Nuggets because he is an excellent leader that has the credibility to manage everything smoothly and protably. Marketing Manager is in charge of developing, implementing. and executing strategic marketing plans for the entire organization. Also, she manages the overall promotional activities of the business in order to attract more potential customers. We choose Ms. Jaquelyn R. Antigo as the marketing : manager of Chic \"n Veggie Nuggets because of her creativity and interpersonal skills in promoting a : product that will easily drive business growth. Financial Manager - is in charge of analyzing the everyday nancial activities of the business and subsequently provides advice and guidance to management on rture financial plans. We choose Ms. iEloisa .lane H. C'ruinto as the financial manager because she is capable of making sound business : decisions that will strengthen the nancial health of the organization in the long run. A Feasibility Study on Selling Inspired Instax Print (Send Pic.) DESCRIPTION OF THE PROJECT The proponents aim to provide customers with a cost-effective and high-quality alternative to the original Instax prints. They offer to customers the chance to enjoy and cherish their memories while creating the classic Instax print vibe through their project. By using a printer and premium paper, the proponents ensure high-quality prints. They strive to offer exceptional customer service and provide customers with a creative outlet to express themselves through their captured moments. GENERAL INFORMATION Fujifilm Instax is a line of instant cameras and film products developed by Fujifilm. The cameras produce physical, credit-card-sized prints immediately after the picture is taken. The Instax film comes in a variety of sizes and designs, including monochrome and color options, and is widely available for purchase. Fujifilm Instax cameras have gained popularity among individuals who enjoy instant gratification and nostalgia for the era of instant film photography. They are widely used for events such as weddings, parties, and festivals, as well as for personal photography and creative projects. The proponent's business is a print inspired by Instax photographs Print. The proponents will utilize a printer to create the version of these prints. The business is structured as a partnership under the management of Abegail Quijano and Mary Aquino. Due to the high cost of Instax cameras, which can exceed four thousand pesos, in addition to the cost of film, the proponents decided to offer an alternative: Instax-inspired prints. Send Pic Studio wil be offering Inspired Instax photo prints at an affordable price point. Several online retailers offered a printing service like this, which cause them a successful business despite being more affordable than the original Instax prints while still bearing a close resemblance to them. The proponents are confident that this venture holds tremendous potential, as it caters to a broad demographic, including couples, families, friend groups, and K-pop and celebrity enthusiasts. Numerous photographs are often concealed within mobile phones, causing the storage space to be full. However, with the proponent's business, individuals can now relish their photos, free up their phone's storage capacity, and hold tangible copies of their cherished memories.AVAILABILITY OF MANHJWER Manpower is defined as the total number of individuals who are employed in a company or available for a particular project assignment or work [Sabharwah 2011}. Chic 'n Veggie Nuggets is just getting started and still on its introduction stage, hence, only the researchers are the available manpower. As a stanup business, they still cannot afford to hire someone but the support of their family and friends is a great help for them. Chic 'n Veggie Nuggets will be operated by three entrepreneurs with equal ownership of the brand. The researchers will be assigned to their respective field of expertise to ensure die progress of the business. There will be a specific person in charge in different areas of the business to assure the organization of the conduct of business. With this. lChic 'n Veggie Nuggets will easily meet its labor productivity and protability of the business. GOVERNANCE AND DECISION MAKING STRUCTURE Governance is the system by which entities are directed and controlled. It is concerned with structure and processes for decision making, accountability, control and behavior at the top of an entity. Governance inuences how an organization's objectives are set and achieved, honr risk is monitored and addressed and how performance is optimized. (Harris, 2013) Instax Inspired print We will be printing photos inspired by Instax, which is very popular now. The price of an Instax camera is more than four thousand pesos and the film is also very expensive. So, our service product will be the alternative. Many online stores offered this printing services, which was quite successful aside from the fact that the print really looked like an Instax photo, but it was more affordable than the original price of the Instax print. We are determined that this business could be very feasible. Couples, married couples, families, groups of friends, and Kpop fans will enjoy this. Many pictures arejust hidden on the phones and will make the phone storage full, but with our service product, they can now enjoy and free up their phone storage and see and fill the photos in their hand ORGANIZATION FEASIBILITY Organizational feasibility denes a business's corporate and legal structure and it focuses on how well a proposed information system supposes the objective of the organization and its strategic plan for an information system. This includes information about the founders, their professional background, the business principal. and the skills they possess necessary to get the company off the ground and keep it operational. BUSINESS STRUCTURE Since Chic 'n Veggie Nuggets is formed, owned, and operated by three persons, therefore. the nature or structure of our enterprise is basically a partnership. Partnerships are a unique business relationship because it is so easy to form andjust like in any marriage, we, as business partners, are aware that we owe certain duties and bear responsibilities to our coowners or partners. Based on that perspective, the owners of the Chic 'n Veggie Nuggets are determined that the simplicity of the general partnership is suited as the foundation of our collaboration as partners. By default, the prots and losses generated by this arrangement are shared equally among the three of us and most importantly, all of us, too, have an equal right and acquire the ability to actively control and manage the partnership. Perhaps, it might sound too risky, but we, as partners believe in the power of it and no matter what circumstances comes on our way can be conquered as long as we are committed and coordinated towards the same goals. FORM OF THE PROPOSED BUSINESS In the eyes of the law, by the very nature of entering into business with another party. can be considered as partnership whether you have a written agreement or not. Partnerships are probably the simplest and most common form of business arrangements besides sole proprietorships. Since Chic n' Veggie Nuggets are associated with three persons who carry on as co-owners and share prots and responsibilities equally, each person from our partnership are required to contribute something to the business such as ideas. money, property, services, or some combination of these in return for a share of the protsStep by Step Solution
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