Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 5

Form of Business Ownership

Holy Moly Donut Shop is a Sole Proprietorship which means that it is a single-owner,
unincorporated firm having no legal separation between the proprietor and the company. In this
type of business, the proprietor and the company are viewed as being one and the same.The
reason this was chosen is because the simplest type of business to start is a sole proprietorship
because there are no registration requirements.Along with this there are many benefits like; It is
an easy way to conduct business and uses less time, money, and effort. For those like me who
wanted to start a small business on my own rapidly, this type of business was perfect. In
comparison to other forms of businesses, the number of tax forms and registration documents
needed is small. A sole proprietorship can be established more easily than other business
formats, even though registration procedures differ depending on the state or industry. As a sole
proprietor, my given name serves as the official name of my company. There are two methods
to proceed if I want to modify this and run my company under a different name. The Patent and
Trademark Office website is the first place where I can register a trademark. The procedure
normally lasts 90 minutes without the need for legal representation. (Checking the Trademark
Electronic Search System beforehand to make sure another business hasn't already registered
under my preferred name is a good idea.) There is no cap on the amount of employees I can
bring on board. As a sole proprietor, there is no cap on the amount of employees I can have,
which enables me to expand my team and clientele without formally incorporating my company.
There are dangers involved because being a sole proprietor, I am responsible for the
compensation and welfare of my employees.
Qualifications

Tyler Smith

● Expert mixer
● Top-tier and eye coordination
● Excellent customer service
● Perfect hygiene

Melissa Brown
● The ability to work under pressure
● A keen eye for detail
● A good knowledge of the science behind chocolate making
● Artistic flair and creativity
● People skills
● Entrepreneurial prowess

Maddy White

● Excellent customer service skills


● Physically fit
● Able to perfectly follow instructions
● Honesty

Maya Ahh

● Welcoming
● Diligent
● Mathematical proficiency
● Attentive

Liam Pott

● Creativity
● Imaginative
● Motivative
● Willingness to replenish professional knowledge
● Certificate in culinary arts

Fred Jones

● Ability to understand and follow directions


● Ability to understand and meet restaurant standards for health, safety, and excellence
● Ability to remain alert and focused in an environment that is noisy and fast-paced
● Ability to work effectively with kitchen staff
● Detail-oriented and thorough

Daphne Blaeke

● Able to set up and break down work station


● Able to assist with prep work
● Able to fry food to order
● Able to assist on the grill as needed
● Able to help keep walk-in freezer organized
● Able to keep work area clean
Additional Stakeholders

● Customers
● Belize Bank
● Mystique

Solicited Professional Services

In terms of our solicited professional services we have people who engage in solicitation to seek new customers.

You might also like