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Organization and Management Plan: JMJ Marist Brothers Integrated Basic Education Department Senior High School

The document describes the organization and management plan for The Rhythm and Glues Company. It will be a partnership between four individuals that manufactures products. The cashier and two production crew report to the owner. Key responsibilities and compensation are provided for cashier and production crew roles. Pre-operating activities include renting business space, obtaining permits and licenses, and applying for business insurance. Total pre-operating expenses are estimated to be 19,500 pesos.

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76 views3 pages

Organization and Management Plan: JMJ Marist Brothers Integrated Basic Education Department Senior High School

The document describes the organization and management plan for The Rhythm and Glues Company. It will be a partnership between four individuals that manufactures products. The cashier and two production crew report to the owner. Key responsibilities and compensation are provided for cashier and production crew roles. Pre-operating activities include renting business space, obtaining permits and licenses, and applying for business insurance. Total pre-operating expenses are estimated to be 19,500 pesos.

Uploaded by

pamela dequillamorte
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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JMJ Marist Brothers

NOTRE DAME OF MARBEL UNIVERSITY


Integrated Basic Education Department
Senior High School

CHAPTER III

Organization and Management Plan

This section describes the form of business ownership, organization


structure, key officers and personnel, pre-operating activities and pre-operating
expenses.

Forms of Business Ownership

The Rhythm and Glues Company shall be in the form of a partnership


between four people and will provide manufacturing operations to the society.
The partners are to render his/her time and attention to the management and
operation of the proposed business.

Organization Structure

OWNER

CASHIER PRODUCTION
CREW
Figure 6.Organizational Structure

The company will be owned by four (4) individuals. The company will have
a cashier and production crew. The Company will not be needing bookkeepers
and managers since the owners will be handling the Company’s operation as a
whole.

25 | P a g e
JMJ Marist Brothers
NOTRE DAME OF MARBEL UNIVERSITY
Integrated Basic Education Department
Senior High School

Key Officers and Personnel

Department/Job Number of Qualifications Duties and Compensation and


Positions employee/s responsibilities Benefits

Cashier 1  Acceptable Keeps and Salary – Php6,000.00


practical manages the daily
Philhealth Contribution-
knowledge in cash transactions
Php100.00
mathematics of the business
 Creative under SSS Contribution –
pressure Php422.00
 High School
graduate

Production 2  High School Does the labor Salary- Php25.00 per


Crew graduate for the piece in makin
 Creative under production gLlamana and Llamufei
pressure
Philhealth Contribution –
 Hardworking
and hands on Php100.00
into manual
SSS Contribution –
product making
Php422.00

Table 21. Key Personnel and Benefits

Pre- Operating Activities

 Payment for Business Space Rentals

The Rhythm and Glue partnership will rent a 10sqm Business space in Lower
Balmores. The owner of the said building requires 1-month advance payment for
the rent. In this space provided the partnership will reckon their business.

 Complying for Permit and Licenses

26 | P a g e
JMJ Marist Brothers
NOTRE DAME OF MARBEL UNIVERSITY
Integrated Basic Education Department
Senior High School

To be able to operate the business legally, the Rhythm and Glues partnership
will comply all the requirements that will be needed and will get a license to start
the business.

 Applying for Business insurance

The Rhythm and Glues partnership will apply for a business insurance that
will protect the business from losses due to events that may occur during the
normal course of the business.

Pre- Operating Expenses

Pre- Operating Activities Amount

Payment for Raw Materials Php 5,000

Business Space rentals Php6,000 per month


Php1,500 per month (fixed according to the
management)
Php6,000 1-month advance

Complying for Permit and Php4,000


Licenses

Applying for Business Insurance Php2,000

TOTAL Php19,500

Table 22.Pre-Operating Expenses

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