BUSPLAN1IFINALNASUSUBMIT.pdf - Far Eastern University Institute of Accounts Business and Finance Business Administration Department CHAPTER 1

BUSPLAN1IFINALNASUSUBMIT.pdf - Far Eastern University...

This preview shows page 1 - 3 out of 37 pages.

Far Eastern University Institute of Accounts, Business and Finance Business Administration Department CHAPTER 1: INTRODUCTION Form of Business The business aims to produce high-quality school chairs with an convertible armrest, which will benefit students who are left-handed. The business itself demands a specific amount of capital and a collection of ideas. Hence, the business shall be formed in a partnership, specifically, limited partnership. The business has five members including one general partner and the remaining four are the limited partners. There is an easy access of control in the business. There will be one general partner and the other were limited partners. In this partnership, the authority or the final decision will be made by the general partner. In terms of money, the general partner contributed P8,315,000 and the limited partners contributed P2,078,750 each. it can be easily to source out funds from existing partners, banks, or even lending companies. The limited partners were not forced to give additional amount of capital needed by the business. Company Profile and Logo Kresla Furniture is a newly built company this year 2019. It is aimed to help the students to have comfortability in writing and specially to prevent them to have disorders for using an uncomfortable armchair. The warehouse and office of Kresla Furniture is located at Old Antipolo Street, Sta. Cruz, Manila and it has a lot area of 100 square meters. The target markets are the following schools; Arellano University – High school, San Sebastian College Recoletos – High school, University of the East – high school, Saint James Academy, and Saint Therese of the Child Jesus Academy. The idea behind the logo is that the proponents wanted it to be simple yet has a touch of class. Kresla came from the Russian word means “armchair”. The proponents highlighted the K and F for it is easy to remember and be an acronym for the name of the company which is Kresla Furniture. The established (EST) is included so that the customers will know that this year (2019) Kresla Furniture is build. Euphoria Script was used as a font and the font size is 104 for the initials K and F and for the Kresla furniture the font size is 16 and for EST 2019 the font size is 12 with the font of Alegreya SC. The reason why these fonts are used for the logo is to give a minimalist image for the company. Kresla Furniture 1 | Page
Image of page 1
Far Eastern University Institute of Accounts, Business and Finance Business Administration Department Figure 1.1 Company Logo Industry In the last school year 2017-2018, 26.9 million students were enrolled according to the Department of Education. Included in this number are the recipients of the Alternative Learning System or ALS. The most recent projected enrollment dated 11 th of May 2018, is at 27,757,546. Public and private schools, including the State Universities and Colleges (SUCs)/ Local Universities and Colleges (LUCs) nationwide are part of this projection.
Image of page 2
Image of page 3

You've reached the end of your free preview.

Want to read all 37 pages?

  • Summer '14

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes
A+ icon
Ask Expert Tutors