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Business Plan Intro Essay

Management at Atone De Canaan University, and another investor for the rice mill. Cashier/Bookkeeper- Alameda Anatolian, graduate of financial management course formerly worked as cashier of Jollied Food Corp.. Dave City. Security and Maltreatment- Francis Del Rosaries is an experienced machinery operator and technician from the Hanging Corporation at Cubic,Gambles. Operators-A rice mill operator will be trained and will be compensated on percentage basis as the rice mill will operate only

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upon availability of play stocks and cannot be operated regularly. Labor Requirements

The rice milling outfit will be manned by an operator who will be solely In-charge of ensuring normal operations of the equipment. He will be assisted by an assistant. 1 OFF hauling, cleaning and other related activities Hiring Practices The El Santiago Rice mill manned by the different investors and with the manpower from other villagers of Sheriff Ague, Misguidance. The only qualification for the staffs and operators must be physically fit and able to work for heavy duties. Human Resource Operating MGM. Organizational Structure General Manager Security and Maintenance Cashier/Bookkeeper Marketing MGM.

Operators Staffing Expense and Benefits A rice mill operator will be trained and will be compensated on percentage basis as the rice mill will operate only

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upon availability of play stocks and can not be operated regularly. Ill. Products and Facilities Initial Services Sheriff Ague is dependent on rice farming for the livelihood of its inhabitants. The community has about 100 has. Of fully cultivated rain-fed low-land rice area but do not have adequate post-harvest facilities particularly rice milling and warehousing.

Their farm produce is either immediately sold out to rice traders upon harvest or reed before these are sold out. A certain portion for home consumption is reserved and milled at establishments some 3 kilometers away following rough and rugged roads which are hardly maintained. This scenario, coupled with the desire of the farmers to take advantage of value added benefits in rice processing, resulted to a proposal to engage in rice milling. Most of the locally produced play in the community will consist of the main market of the enterprise.

The 100 hectare rice area of the community has a potential of producing a minimum of 300 tons of play every crop season. However, since most f the farmers are financed by traders to whom they are obliged to sell their produce, the enterprise assumes conservatively to process only about 30% of the local production – a conservative estimate of 100 tons or about 1,800 bags per cropping period. The post harvest facility will consist of a rice mill and a warehouse. The rice mill has a milled rice and 7% of rice bran.

Play will be dried too maximum of moisture content before milling, in order to optimize milling recovery and milled rice quality. The warehousing unit will serve as a component support for rice milling operations. Under this proposal, it is not considered an income-generating outfit but will serve as a incentive for the farmers to store their play in the warehouse which will be solely processed by their rice mill. The community has an extensive solar rice drying facility that can adequately support local rice milling operations.

Proprietary Features The Rice Mill offers door-to-door milling services along the publication area only to render efficient and faster service to the customers. Future Planned Services Artificial Dryer – Unlike sun drying, artificial drying has the advantage that suitable ring conditions can be set, and that drying can be carried out any time of day or night. Use of artificial drying may also reduce the labor costs of drying, especially if some form of artificial turning or stirring of grain is practiced, as in the case of re- circulating dryers.

In general, artificially dried grain will produce better quality of rice compared to sun drying. Artificial drying will lead to more uniform drying of grain and higher milling yield and head rice recovery. Since rice quality is becoming more important to rice consumers, medium-sized grain dryers have become a moon sight throughout Asia. For production of premium rice quality or quality seed, artificial drying with heated air dryers is highly recommended.

Grain re- circulation allows for uniformly dried grain and automatic drying air temperature control will reduce over-heating or over-drying. Physical Facilities A rice mill building complex has been constructed. This is a single unit where the rice mill installed at one end of the building with the remaining larger space or portion, to be utilized as warehouse within which, a small portion will be used as office space. Equipment Requirements Maintenance check up will done on a regular schedule to upkeep intimidated performance of the equipments and to prolong its service life.

Production and Process Capacity The rice mill will have a capacity of milling 12 bags of 50 kilograms each every hour of operation. And will have a milling recovery of no less than 65% of milled rice. Aside from household consumers, collaborations with the rice retailers and sari-sari store owners is big opportunity in a way that they would become a regular customer due to the high demand of rice. Licensing Requirements A rice mill operator must undergo licensing at the SEC and National Food Authority.

Securities and Exchange Commission (SEC) Certificate Requirements: Articles of Incorporation and By-Laws; Verification Slip Form (Re: Corporate Name); Accomplished Registration Data Sheet; Treasurer’s Affidavit; Bank Certificate of Deposit; Authority to Verify Bank Accounts; Written Undertaking to Change Corporate Name, when necessary; Subscriber’s Information Sheet; If the paid-up capital is in the form of a real property, submit the following additional requirements: -Statement of Assets and Liabilities; Deed of Assignment executed by the stockholder who is the owner of the property in favor of the corporation.

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