CHAPTER 4 Organizational Plan

Form of Ownership A form of ownership is the manner in which an undertaking or enterprise is managed and controlled, capital is contributed, risks are borne profits are divided, contributing money, work force, dividing profits and legal personality affects the business. Partnership is the most common form of ownership, it pertains to investing money to the business. Profits are divided according to the role of every partner in our business. SMIL S !" M#$ is a partnership business. Partnership is suitable for us beginners because we are %ust new to this and we can share our capitals and the most important is our skills and ideas which we are gaining for what we have learned in our school. Identification of Partners People behind this business are &arell 'ent n* More. chivarre, Sandra (ane

Lepiten, )atherine Payusan and (udy Anne Alesna who owns and manage Smile ach partners invested money for the capital and they are also giving their work force to the business, they are giving task and duties. Profit sharing will be shared according to their role in the business. +ence, &arell 'ent chivarre is the head of the business he has a bigger share than the rest of his partners. Authorit of Principals Partners have authority to bind the other partners in the business, their liability being %oint. Authority of Principals is the right of the shareholders over the

business. ,hey are assigned to different departments in the business which they will handle and have authority to manage. ,his would mean that each partner has their role in our business. &arell 'ent chivarre is the head manager of our business, (udy Anne Alesna is our finance manager, Sandra (ane Lepitin is our maintenance head and )atherine Payusan is our Marketing head in our Smile n* More business. Roles and Responsi!ilities of "em!ers of Organization ,he following are the summary %ob descriptions for the key officers of the SMIL S !" M#$ . (udy Anne Alesna will serve as a finance manager. $esponsible for the development and performance of all financial activities in our business. Summari-ing and controlling our money for the business and profits. &arell 'ent chivarre will be the head manager of the business. +e will be leading the business through the hard time. 'ent will decide of what plan we will make our business better. Sandra (ane Lepiten will be the maintenance head of all the facilities inside our business. She is the one who is responsible in checking, providing the e.uipment that in need in our business. )atherine Payusan will be the marketing head and responsible in the market research, target market. She is the one who introduces our services in the market, used to identify, satisfy and keep the customer. "anagement # Team $ac%ground SMIL S !" M#$ management team consists of the head manager

,finance manager, marketing head and maintenance head.

&arell 'ent

chivarre from Mandaue )ity is our +ead Manager who is

attended /niversity of )ebu Lapu0lapu and Mandaue on a four year course ma%or in Information ,echnology with skills in Adobe Photoshop, Macromedia 1lash, Php, MyS2L, (ava, 3isual 4asic and other multimedia software.5ith a basic knowledge in 4usiness Management and Accounting.+e is also e6pert in photo editing and animation. (udy Anne Alesna from Lapu0lapu )ity, )atherine Payusan from &alaguete, )ebu and Sandra (ane Lepitin from Labogon,Mandaue )ity attended at /niversity of )ebu Lapu0lapu and Mandaue on a four year course ma%or in Information ,echnology with skills in Adobe Photoshop, Macromedia 1lash, MyS2, 3isual 4asic and other multimedia software. 5ith a basic knowledge in 4usiness Management and Accounting. ,he strength of Smile 7! More management team combined e6pertise in both management and technical aspects in order to grow our business. Smile n* More management team set our goals to meet the demand of our fast moving marketplace which re.uiring our full services. ,his is evident when our team responds to situations re.uiring new ideas. .