• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Applied Business Studies - A1 - Richards Paints

Extracts from this document...

Introduction

A1 Richards Paints For this task I will describe the features of Richards Paints. The features include: * Activity * Location * Ownership * Aims and Objectives Activity:- The main activities for Richards Paints are to sell specialised and bespoken paints to the customers' preferences including: * Quick drying paint is a paint which can dry within half the time taken for normal paints. * Primers are a special type of paint used for metals, woods and plastics. * Stoving Enamels is a paint which dries to a hard and glossy finish. * Air drying is a normal paint which dries normally. * Water Based paints is paints that come in two types of finishing: Matt and Silk. ...read more.

Middle

These junctions are Junction 10 on M6, Junction 1 on M5 and Junction 4 on M6. They were previous located on Brook Street Smethwick but due to flooding they were forced to move to the present location. They may have picked Smethwick because Smethwick is known to be for a huge industrial area. Most of their customers are within the 50 mile delivery radius. Richards Paints is also near the railway line which used to be their biggest customers. Ownership:- The type of ownership that Richards Paints started out with was a Sole Trader. The guy who started the business sold it to a person who changed the business type to a Private Limited Company (PLC). ...read more.

Conclusion

They will be able to do this by making sure they earn enough money to pay their workers wages, the business' bills, and pay of some of their loans each year. Also if the business is earning a gross profit average of �20,000 per month, they will have a very minimal met profit after taking all expenses out of the gross profit. Long term aims and objectives for Richards Paints are: To constantly promote the business and make it as successful as possible. To enable the business owners to maintain a healthy business annual net profit, so that the owner will be able to retire knowing that future investors will be attracted. Another aim and objective is to increase their profits so that they can benefit from having a healthy net profit to invest into future products and expansions of the firm. ?? ?? ?? ?? Omar Chaudhry Business Studies A1 ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Business, Companies and Organisation, Activity section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Business, Companies and Organisation, Activity essays

  1. Business Studies Edexcel Coursework

    Since the mid-1990s, there has been a trend among Yellow Pages publishers to add four-color printing for some advertisements. Many publishers also offer the option to have advertisements appear with a white background to make them stand out more. Interestingly, most yellow pages are not printed on yellow paper; rather the yellow is printed onto the paper.

  2. English for business

    Are the news always interesting? 10. What topics do you prefer? 11. What happens when you watch a boring film? 12. Can you name some commercials that you liked most? 13. Do you watch politics? 14. Are you better informed after watching T.V.?

  1. Business Studies

    to achieve > What each stakeholder hopes to achieve may conflict with the desires of other groups 2. Understanding business organisations with reference to management theories * Classical/scientific > Workers had limited or no education and were not accustomed to doing anything but what they were told - Management as

  2. Business studies - Business Plan

    and think everything through with a clear head and make the right decisions. I don't give in easily when the going gets tough. No This is a quality I will not want to have at all as starting up a business is always difficult and requires a lot of time and effort.

  1. Business Ownership

    The chairperson of the board of directors takes a leading part in deciding the company's policy. He or she is often also the managing director who carries out the policy day by day. Therefore the people who started the business actually own the company and control it.

  2. Aims & Objectives

    This will definitely help Tesco a lot for them to survive in the coming years, this is because if they make enough money to pay wages to the staff, pay the store expenses etc they will never go bankrupt or go into administration. Growth: Tesco has grown and expanded significantly.

  1. Business Studies- Unit 1- Stakeholders

    processes as health and safety courses for their employees to cease or be postponed. This would cause conflict with the government as the government is interested in the safety and wellbeing of their public. A pressure group is an organization which has a main goal to influence a business? ideas,

  2. Business Studies- Unit 1- Organisational Structures

    ?The more clear cut the chain of command, the more effective the decision making process and greater the efficiency. Military forces are an example of straight chain of command that extends in unbroken line from the top brass to ranks.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work