Preview

Accounts Office

Satisfactory Essays
Open Document
Open Document
889 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Accounts Office
Description of business 1
Brian clothing and shoe world is a sole trader business. It involved in both retail and wholesale quantity. The business acquire its product form the U.S.A where a 5% is added on the price of the product.

Type of business
Sole trader.

Nature of business
1.Clothing and shoes
2. my business deals with wholesale and retail

Objectives
1. to make a profit from my business.
2. to reach a common goal.
3. to give customer their wants needs.

1 Justification of location 2
16 strand, New Amsterdam, Berbice, Guyana.

Three reasons to justify location 1. The place is well populated. 2. It is next to a shipping company. 3. It is next to the market and is where half the population go to.

The map of Guyana showing the location of my business

2 Selection of appropriate labour 3
Brian clothing and shoe world need appropriate laboures to carry out different task in the business they are selector according to their profession in term of:

Type of labour necessary 1. Unskilled worker. 2. Semiskilled worker. 3. Skilled worker.

Number of persons to be employed
3 persons.

Skilled | unskilled | semiskilled | total | 1 | 1 | 1 | 3 |

Their duties 1. Skilled worker-deals with the shipping company and my paper work. 2. Unskilled worker-clearing the business. 3. Semiskilled worked-help the customer.

3
One reason why this type of labour is necessary
To help me in the business and out business.e.g if a shipment of shoes come in the country my skilled working will go get it form the shipping company.

Sources of fixed and working capital 4

Fixed capital 1. Loan 2. Personal savings 3. Example: the fixed capital is when you donot have working capital.

Working capital 1. Cash in bank. 2. Cash in hand. 3. Day to day sales. 4. Example: the working capital is where the capital will be in use.

4

Role of the entrepreneur 5 1. Planned for the formation and

You May Also Find These Documents Helpful

  • Satisfactory Essays

    1. Identify four main points that would be included in a contract of employment. If possible, use an example contract to support your answer (feel free to obscure any confidential information).…

    • 346 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Chapter 11

    • 2231 Words
    • 21 Pages

    4. At a ski resort located over one hour from the nearest large town, there is only one grocery…

    • 2231 Words
    • 21 Pages
    Better Essays
  • Satisfactory Essays

    Accountancy Tasks

    • 77 Words
    • 1 Page

    So far my supervisor is very happy and please with my performance. I finish my assigned tasks in timely manner with minimum supervision. After every assigned tasks my supervisor review them and evaluate my work progress. He said that I am very organize and I have strong analytical skill and know how to priorities my duties and finish them accurate. He mentioned that I am eager to learn and put all my efforts to complete my assignments.…

    • 77 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Office Administration Sba

    • 1765 Words
    • 8 Pages

    I am a Hydel High School student currently doing a selection of business subjects. With these I hope to pursue a career in the business field. I have a request of your firm.…

    • 1765 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Financial Accounts

    • 260 Words
    • 2 Pages

    Asset named Cash Balance decreases by 45000 and Expense named Operating cost gets created by 45000…

    • 260 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    To become leading corporate banking department by developing quality human resource, products and market share in the industry.…

    • 544 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Office Administration Sba

    • 663 Words
    • 3 Pages

    PERSONAL INFORMATION APPLICANT: Surname Date of Birth Nationality ADDRESS First Name MI St.G.C ID# (St.G.C. graduates only) Religion/Christian Denomination…

    • 663 Words
    • 3 Pages
    Good Essays
  • Good Essays

    accountign

    • 616 Words
    • 3 Pages

    The impartment test performed by Martin calculated a loss of $538,005 due to three slow-moving CPU items.…

    • 616 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    accounting stystem

    • 1709 Words
    • 7 Pages

    1.The site you go to in order to form a business in Maryland is www.dat.state.md.us.…

    • 1709 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Fortuna Shoes Factory

    • 457 Words
    • 2 Pages

    We have 7 Chinese technicians working at the factory for the production. We have a total of our factory manager Mr. Li has over 16 years of experience in shoe marketing. For each section we have a Chinese technician overlooking the production and to ensure quality. In…

    • 457 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Account Supervisor

    • 861 Words
    • 3 Pages

    1. Briefly (one [1] paragraph) describe the chosen advertisement, and explain where you located it.…

    • 861 Words
    • 3 Pages
    Better Essays
  • Powerful Essays

    the amount of the AJE at year end to adjust the allowance for doubtful accounts?…

    • 783 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    The company taken for this project is a Garment Company named Rider Exports. Rider exports is a joint venture having the vision of bringing the company to gain new heights and carve a name in the industry with their efforts and team of professional managers and staff. Rider Exports deals with the manufacturing of clothes for Adidas, Reebok, Allen Solly, US Polo, Arrow to name a few. This company is fully equipped with all modernized and sophisticated machinery to undertake all the process…

    • 890 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Recently you sent me on an assignment to document the latest fashion trends in the textile industry but as I have been spending more and more time at Mr. Samuel Greg's factory, it has occurred to me that this article should be based on the conditions of the factory's employees. Although this was not my assignment I am sure the public would eat up the article based on the shocking scenarios that I have witnessed here at the factory,…

    • 440 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Recruitment Term Paper

    • 4768 Words
    • 20 Pages

    During the end of our semester we were assigned to work on a term paper, which includes Recruitment & Selection Practices in Bangladesh. As a developing country Bangladesh has a pool of cheap labors. With the help of these pool of cheap labor Bangladesh developed a very strong garment sector. There are other countries like China, India and many more are competing with Bangladesh. It gave employment to lots of people especially women. Now Garments sector plays a vital role for the economy of Bangladesh. Recruitment & Selection practices in these garments are more or less similar. Their main resources are the labors. There are thousands of labors working in various garments industries. Garments as an organization recruits and selects people in…

    • 4768 Words
    • 20 Pages
    Powerful Essays