I'm writing business plan on Bayra juice processing enterprise.

Question

Location arbaminch, Ethiopia
Specific location arbaminch health science college.
So I have topic of business description, write form of ownership for my business

Answer 1

Form of Ownership:

The Bayra juice processing enterprise will be operated as a sole proprietorship owned and managed by Mr. Amanuel Tesfaye. As the sole proprietor, Mr. Tesfaye will have full control and decision-making authority over all aspects of the business operations. This form of ownership provides flexibility and allows for quick decision-making, which is essential for a new and growing enterprise. Mr. Tesfaye will be responsible for all business functions including sourcing raw materials, production, marketing, sales, and financial management. He will work closely with a team of skilled employees to ensure the success and profitability of the business.