Professional Documents
Culture Documents
Chapter 7 Management Aspect
Chapter 7 Management Aspect
Chapter VII
MANAGEMENT ASPECT
Introduction
This chapter will present the basic considerations in forming the proposed project
considering the form of ownership that will be applied as well as discuss how the
organization will be organized in terms of the composition and roles of every member of
the management.
organization.. The owner receives all profits, absorbs all losses and is solely responsible
for all liabilities of the business. The owner is also in charge of inspection for the
Form of Ownership
of business.
individual and in which there is no legal distinction between the owner and the business.
The owner receives all profits and has unlimited responsibility for all losses and debts.
Every asset of the business is owned by the proprietor and all debts of the business are
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the proprietor's. This means that the owner has no less liability than if they were acting as
The proprietor has the ability to raise capital either publicly or privately, to limit
the personal liability of the officers and managers, and to limit risk to investors.
Organizational Chart
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Owner/Manager
Maintenance
Crew
Owner/Manager
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It is assumed that the owner himself will be the one taking hand-on supervision
for the entity. Making certain that all the transactions of the business are well monitored
and that the all the services rendered by the entity is up to the standards and in line with
Maintenance Crew
The maintenance will be held responsible for the maintenance and cleanliness in
the recreation and activity center, from cleaning the area and fixing minor repairs within
the center.