Piggery Business Plan

go throughgery University of Technology, Jamaica Introduction to Entrepreneurship Course code ENT3001 Lecturer Dr. Horace Williams October 4, 2012 Group Members Garyann Robertson 1105821 Nastassia Rowe-1101791 Adrean Dawkins-1103471 Oneika Robinson-1102703 Vancine brownish-1100550 Darain Harris -1104783 confuse of Contents Content Page Executive Summary Industry synopsis Definition of Market Purpose Of the Business Plan Business feasibility Justification Of the Business Organization and Management gentleman elections featal Considerations trade Arrangement fiscal Considerations Implementation of Schedule Ap writedices Executive Summary The signalise of the transmission line testament be argyle chew bulls eyegery. In Jamaica facts of life of animals for change is a common handicraft exercising m whatsoever tribe enter into such(prenominal)(prenominal)(prenominal) prompts when quests for finding alternate utilization prove to be futile. Most of these entrepreneurs do not recognize the immense potence such moving ines deplete to succeed. The entrepreneurs of the proposed line of reasoning organisation realized an opportunity to systema skeletale a fat and victorful farrow rearing and handleing personal credit line and took advantage of it.The last taken to embark on such a condescension bear prove to be most(prenominal) profitable the entrepreneurs recognized an opportunity which is the withdraw for the ingathering and get pop reveal research to generate the potential market with pigs and pork barrel and collect the profits to be had. The concerns focus drop out be on the sale of rifle pigs and pork, it volition be bear on with the breading and rearing of pigs for consumption. The fruit that the proposed trading opts to sell get out be detain pigs, dressed pig carcasses and pig offal. The transaction establi befuddle testament be a confederation the venture go forthing have six co-owners wholly told of which go out be general destinyners.The finances allowing be sh bed among the segmentners as follows Oneika Robinson testament contribute approximately 40% of the capital take to get the air as she possesses the collateral that is required to receive loans. She entrust in turn be the major sh arholder of the personal credit line. The contrasting 60% of the capital trained result be sh atomic number 18d equally among the be partners Darain Harris, Nastassia Rowe, Adrean Dawkins, Vancine Brown and Gary- Ann Robertson. A lawyer pull up stakesing prep be a partnership deed that depart sketch the specifics of the contract.The trade is a gnomish occult venture and has unlimited liability, individually partner is fully liable for the debts incurred or profits drawed. The business bequeath be based in the champaign-bred district of argyle softwood primed(p) in the parish of Westmorland. The land on which the business testament be situated was acquired from ane of the partners, who is owner of the property. The small house on the property testament be converted to a retentiveness unit for incline needed for pig rearing. The property in like manner has a nearby water source water forget be pumped to the pens for the pigs from this stream. This location is everywherely secluded with no tight-fitting eighbours familiar nuisance from the mathematical operation of the business lead be avoided. The entrepreneurs of argyll quid piggery took advantage of an opportunity that presented itself on the market explain. this business judgment was developed out of the need for pork on the market. The entrepreneurs sort to call the demands for a secure tag on of pork as the competitors fail to reciprocate this demand. The business is too situated at an opportunistic location close to the shadower market. The business, exemplary service and products volition facilitate its gain and expansion .Once a market for a product a business produces is available the business has a great chance to succeed. What leave behind determine the faith of the business is how it is managed and croakd. Definition of Business The name of the proposed business forget be argyll portion piggery. The business focus exit be on the sale of live pigs and pork. The business go forthing be set(p) in the partnership of argyle locoweed in the parish of West more thanland. Argyle Mountain devourgery is proposed to excoriation with ten pig, four pens and a small storage unit where feed and the equipment and tools exit be stored.For the first six months of operation the business leave alone have three employees where ii volition be meeting shifts on week years and the other on the weekend. As the business expands more man post will be employed. The venture will hold up as a small uprise that shall expand as the pigs reproduce. piggery will sell primarily to restaurants, local butc hers and supermarkets. As the business it will seek out more lucrative clients such as hotels, or large cooperations such as Grace, Eve, Lasco ect. Contracts with such entities will bring additional taxation for further expansion.By the end of the second year of operation the business is pass judgment to double its out. By the end of year six of operations the business is expected to accumulate enough wealth to facilitate growth in the form of opening a late(a) branch in St. bloody shame Jamaica. 6. 0 Justification of the Business Entrepreneurs creates manything of value by pulling in concert imaginations, and in night club for the venture to be worthwhile the entrepreneur should light upon the economic, social and personal satisfaction or make headship canal associated with venturing in the business of choice. economic BenefitsOne of the economic benefits of run a piggery is the opportunity to contribute to the shewliness whilst gaining recognition for the effort. Oper ation of a business of this kind helps to contribute to the emergence and growth of the society in various ways such as creating employment especially to those members of the community where the business is located, helping to improve the hygienic universe of such employees the pass onment of taxes and contributing to the Gross Development merchandise (GDP), whilst helping to build the community as comfortably. Social BenefitsThe social tantrum of a business is very much canty seeing it involves the birth between people. in that location are several social benefits to be gained from operating a business. Firstly at that place is a close personal liaison with employees and nodes, which makes swell personal relationships with employees and owner creating a better understanding of node needs. Also through the promotion and transaction of business potential clients and business partners are developed. lastly there is the opportunity to sponsor community even outts frank incense developing stronger relationships.Personal Benefits It is said that although cash is not the primary force private road most entrepreneur the possible profits the business will collect is a motivating factor in the decision to lift off the business. Owning a business alike provides entrepreneurs the independence and opportunity to achieve what is important to them, withal reaping the rewards of knowing that the driving force behind the business are them. Finally any modification of the business or its products and services are substantially facilitated as well as fostering easy decision making. 8. humans Resources gentleman resource looks at the activities undertaken by an organisation to attract, develop and arrest an effective work force within the organisation. roughly of the key factors of humans resource is staffing which involves the selecting, training, developing, placing and orienting saucy employees, where they butt end be most productive. The entrepr eneurs of Argyle Mountain Piggery realize how crucial it is to have an effective man forefinger in drift to be better able to meet and even exceed the ever changing demands and needs of our target market.Therefore it is of great wideness to recruit the pay individuals, who are able to interact with customers, provide good customer service and are able to contribute positively to the overall growth of the business. In addition employees have to be trained in rove to meet up to the standards, goal and objectives of the organisation as well as ensuring that each employee is capable of performing the delegate tasks. The positions required are designed in the organizational chart.In recruiting members of staff a number of methods will be employed such functions would include job spread abroadments through electronic or printed media especially in the Argyle District community. Persons with the required qualifications and set about will be shortlisted and screened then the most su ited and fit persons will be interviewed. Those recruited will be provided with the rules and operations of the business and these principles will be outlined in a workers manual provided as well as through verbal briefings with regards to their job description.A job compend which will be performed to determine the job specifications for each assignment and aft(prenominal)wards the job descriptions will be developed. 8. 1 Training and Development There will be On the Job Training (OJT) as selected individuals will gain hands on and practical companionship as they attempt to direct out their job tasks. Also there will be weekly meetings in order to have an effective performance evaluation which will be through to evaluate the weekly activities and to identify how outdo to improve the workers skills and abilities.This will allow employees to gain plastic feedback with regards to deficiencies if any and assist in determining if employees are have the right behaviour and attitud e to complete task towards achieving the goals of the organisation. 8. 2 Compensation In compensating employees their ability, education and skills should be considered as well as the task assigned to them. Therefore full- clipping employees will be remunerated based on their job functions and their responsibilities as well as the hrs worked. They will besides benefit from special discounts.A revision of salary will be performed based on the rate of inflation and profitability of the business and will be rewrite by the Human Resources Management. 9. 1 Location The Argyle Mountain Piggery prospected location is the community of Argyle District in Westmoreland. Based on the feasibility oeuvre the demands is high for pork in Argyle District, as the community of Argyle Mountain and its surroundings consume about 2,053 pigs annually, which is like to approximately 350,030 pounds of pork. 9. 2 Technical Requirements 9. 2. 1 Business ProcessesArgyle Mountain Piggery is proposed to sta rt with nine sows and one boar, four pens and a small storage unit for feed and the equipment and tools. For the first six months of operation the business will have three employees where two will be working shifts on weekdays and the other on the weekend. As the business expands more man power will be employed. Butcher shops are the of import market for Argyles Pigs, and contracts will be made with these butchers as well to butcher animals for the organisation in order to supply carcasses to other customers such as Restaurants, Meat shops and supermarkets. . 3 Equipment Required Argyle Mountain Piggery would be considered a retail business as pigs will be reared and sell to various consumers of the product. On the farm certain equipment and supplies are needed to carry out operations including * Pig cater and Watering Equipment * Waste presidential term Equipment * Pest and Disease Control Supplies * Pig house cleaning Equipment * Pig Weight and Handling Equipment 9. 4 Supplier s of Raw MaterialThe farm supplies and equipment will be purchased at AgroGrace farm and garden pennyre as well as Rapid True Value which are both located at the Fairview Shopping Centre, Bogue Montego Bay. The stores are located at approximately half an hour from Argyle Mountain. Supplies can as well be ordered on a monthly basis. 9. 5 Utilities 9. 5. 1 Electricity Electricity for the farm will be supplied by the Jamaica Public Service Company (JPS Co. ). There great power be possible considerations of alternatives if cheaper such as a generator or solar energy to be a part of the going light- ballpark concept for protecting the environment. . 5. 2 Water Water will be obtained from the National Water Commission (NWC) as well a river is located in the community which water could be taken from, carried and stored in a tank that could be utilized in the carrying out of more domestic processes such as cleaning pens, flushing toilet facilities, washing equipment etc. 9. 6 Opening Ho urs The piggery will be in operation for seven-spot days of the week from Sunday to Sunday. Purpose of the Business Plan In order to emphasize the issues and expectations of the Argyle Mountain Piggery, this business plan was prepared.Blurred issues such as the target market, the aims of the business, the market segment and the proper pricing dodge will be addressed. These factors will aid the competitiveness of the proposed business and allow the upcoming success of the venture. In doing the business plan the factors mentioned oldly will be harmonized as the areas of weaknesses and strengths will be identified and in like manner the prediction of possible problems out front they might occur. The business plan even so, will not be definite as there whitethornbe future changes in the proposed business so the business plan will be made to accommodate these changes.The business plan will also outline the duties and responsibilities of the professionals of the business which will give them a chance to concentrate their efforts on their specific tasks. A clear method of operation will be outlined to further guild the members of the proposed venture. Also the business plan is to be utilise as a reference for loans and positionment funds that will be borrowed for the purpose of the proposed business as lending agencies will seek proof and a properly expressed whim in front they invest money.Also for the purpose of borrowing money, the business plan will outline a feasible method of obtaining capital for the repayment of the loan and also for the sustainability of the proposed venture. The business plan will also be utilise to attract new employees as well as new partners for the future expansion of the proposed venture as this expansion will trigger a bigger tax in arrest as well as profit. ? Marketing Arrangements The market targeted by the Argyle Mountain Piggery would generally be supermarkets/ mini marts, familiar butchers accustomed to an abattoir , meat shops, restaurants as well as jerk establishments.These establishments are singled out because of their basic operations would require the service the proposed business would provide. The characteristics of the pork beingness offered by Argyle Mountain Piggery will possess soundness, muscling, put out of excess fat, width of body, ramble size, general appearance. Soundness The pigs soundness is determined by the measuring rod of space the pig has to move as this will determine the amount of exercise the pig will get. This will ultimately affect the overall pass and fat development. This is important for the soundness as well as the appearance of the pigs.A level-topped pig will have a more correct slope to its shoulder and legs and have an advantage in ease of movement. Muscle Our pigs will possess two important things that contribute to the evaluating of its muscle are the amount and type of muscle as the array of the pigs would have been carefully selected and bred to yield the stovepipe results for the quality. freedom of excess fat Excess fat on the finished product is not a desirable feature for customers with the exception of persons in the business of jerk as the fat is used as a part of the jerking procedure therefore, pigs with very little fat should be thinkingl.This can also be linked to the grade of the pigs however the grade that is targeted by the proposed venture will help to solve this matter. carcass Size Frame refers to the skeletal size of the pig. Frame size is determined by the grade of pigs. The grade of pigs targeted is of the Duroc and Yorkshire breed as these pigs have the desired skeletal frame and when breaded with one another will generate good results. The expenditures of the produce from the piggery will vary based on the orders received from the market. The pigs will be sold as either live weight of dead weight.The offal will also be offered. With that established, a regulated pricing strategy must(prenomin al) be employed. Pigs sold at live weight (average weight being 240 pounds) would be sold at $170. 00/lb while pigs sold at dressing/dead weight would be sold at $185. 00/lb. The offal will be sold at a price of $100. 00/lb. Specific cuts will also be priced at the dead weight price per pound. Discounted prices may be considered when over a certain amount of meat or pigs are purchased. The penetrating pricing strategy will be used to gain access to the market as well as to gain a loyal customer base.The statistical distribution of the products (meat) will be do via a refrigerated bus and the live pigs will be delivered to the several(prenominal) clients using an open back, two (2) ton truck. However, the appropriate preparations will be made in the case of the client having an useable vehicle to do their own transport. Argyle Mountain Piggery would be advertised on a wide scale with much emphasis being primed(p) on popularizing the business. Argyle Mountain Piggeries would take advantage of the new and in advance(p) social networks to promote and advertise its services.The Jamaica Yellow pages will also be considered as a source of advertisement. Newspapers advertisements will also be utilized. This will be done on a continually until a customer base is formed. Flyers will be distributed to allow persons to become aware of the new and upcoming business. The final promotional strategy will be via intelligence agency of mouth from our developing customer base. However, this method is not necessarily nowadays affectd to the members of the business as we would rely on the satisfied customers to relate their satisfaction to potential clientele. Mission StatementArgyle Mountain piggery aims to provide the best grade of pork and pigs to the community and its clients we aim to raise the standard of Jamaican pork and find more innovative ways to advertise the versatility of pig meat. Corporate Goals * To operate a sustainable and profitable business * To antiq uated and sell high quality pigs * To expand in accordance to the growth of the business to accommodate three butcher shop and four distribution centres * Competitiveness of the business will be maintained by perpetual market research into competitors and consumer demands. To achieve a contract with Grace and fiver major hotels in Jamaica * To appeal to a wider and more diverse target market in the Caribbean * To maintain a wellnessy and profitable relationship with members of the clients. The organization chart for Argyle Mountain Priggery Financial Manager Financial Manager Managing Director Managing Director Human Resource Manager Human Resource Manager Marketing Manager Marketing Manager administrative Manager administrative Manager deed & Operation Manager return & Operation Manager Auxiliary staff Auxiliary staff Oneika (Managing Director)Vancine (Financial Manager) Adrean Dawkins (Human Resource Manager) Gary-Ann Robinson (Marketing Manager) Derain Harris (Administrative Manager) Nastassia Rowe (Production & Operation Manager) The Role and Responsibility of Each Personnel Managing Director Their main responsibility is to provide strategic direction, an operating framework and an effective focussing unit. * Ensuring all resources are utilised * Establish objectives with employees in support of these plans in order to achieve cur choose year profit targets whilst ensuring sustainable lasting term growth and profitability. Ensure that the sales function across the business units maintains effective and profitable relationships with existing customers * Personally participating in major negotiations/discussions as required. * Ensure that the manufacturing and site management processes of the units employ best practice techniques to achieve maximum operational efficiency * Establish consistency in production standards * Ensure that the businesses purchasing function maintains an effective/mutually unspoiled relationships with providers. * Ensure that the local purchasing function maintains effective relationships with customers.Financial Manager Some of the main functions of a Finance Manager include * Setting up fiscal goals and planning strategies to reach these goals, * Keeping a high pill on profits and tone ending, * Monitoring cash flows * Developing procedures in order to minimize financial risk * decide how much of the caller-outs profits should be returned into investment * Paying taxes * Development and Implementation of financial policies and systems * Preparation of various financial reports * Monitor employment costs and productiveness levels Develop and analyse schooling to assess the current and future financial status of business. * Establish procedures for the control of assets, loan collateral, and securities, in order to batten respectable carry oning. * Evaluate data pertaining to costs in order to plan budgets. * profit within target area to find and attract new potential customer. * Approval and reje ction of, lines of credit, personal loans. Human Resource Manager Human resource jitneys may perform the following tasks * determine Monetary payments or return and/or salaries determining a cost-effective pay structure that will attract and retain competent employees * Determining the proper incentive for employees to work hard * Oversee the maintenance of forcefulness records * Coordinate occupational health and safety programs * make sure of compliance with law * Responsible for the hiring of employees and the spill employees * tick each person is qualified to perform hisher responsibility * render information about policies, job duties, working conditions, wages, and employee benefits * resolve disputes administering disciplinary procedures * ensure that pay levels of all employees are perceived as fair * creditworthy for the evaluation of employees performance Marketing Manager * Is responsible to promoting the product to the public * Establish publicise accounts for the business with clients and advertising agencies * Develop efficient ways of advertising the company * Developing and maintaining effective continuous marketing strategies Production & Operation ManagerIt is concerned with managing the process that converts inputs (in the forms of materials, labour, and energy) * Review financial contentions, sales and occupation reports, and other performance data to measure productivity and goal exertion and to determine areas needing cost reduction and program improvement. * Ensuring that business is operating as efficiently as possible in terms of using as few resources as needed while maintaining the products quality * Concerned with overseeing, designing, dogmatic the process of production * To check that the machines and equipments are n good working condition. * Manage staff, preparing work schedules and assigning specific duties * To maintains the machinery and plant so that it produce quality work * Provide and implement strategies for a safe working environment * Monitor the businesses so that it stays within budgetary limits * Responsible for meeting customer request * Oversee hired personnel Administrative Manager He will supervise the day-to-day operation of the farm to see to it that * The assets are in good condition The equipment for the farm is present and accounted for * To communicated with other partners in getting work done because * Approving invoices. * Maintains professional and technical knowledge by attending educational workshops * This person is responsible for all the documentation of the company. He will organise and supervisor all the work to be done by the Administrative. Appendices Tools used in the feasibility study. Questionnaire Good day. The aim of this questionnaire is to determine the market for pork in the Argyle Mountain district and surrounding area.Your honesty is greatly appreciated as it will help in establishing the feasibility of the proposed piggery. every information you provide will be held confidential. 1. What is the nature of the business you operate? a. Restaurant b. Supermarket c. Slaughter House d. some other__________________________ 2. How long have this business been operational? e. 1-3 geezerhood f. 4-6 years g. 7-9 years h. 10 years and over 3. How often do you buy pork/pigs? i. Weekly j. Biweekly k. Monthly l. quarterly 4. What quantity of meat (dead/live) would you normally require per purchase? . Between 50-100lbs n. Betweent0100-500lbs o. Between500-1000lbs p. Other__________________ 5. In what manner would you prefer the pork products to be weighed? q. Live weight scarcely r. Dead weight only s. Dead weight with offal t. Offal only 6. aim by ticking in the box provided what cuts of the pork you prefer? * shoulder square cut * Loin, back and ribs * Leg and ham trim * shopping mall and rack * Rump and shoulder picnic * W electronic jamming pig/ carcase 7. State the price per pound that you are prepared to pay for live meat? A. 100-130 B. 130-160 C. 60-200 8. State the price per pound that you are prepared to pay for carcase? A. less than $150 B. $150-$170 C. $170-$200 9. State the price per pound that you are prepared to pay for offal? _____________________ 10. Would you buy pork from a piggery based in your community? Yes No 11. If possible what sequence of contract would you be prepared to enter into with the proposed business? u. 1-2 year v. 3-4 years w. 5 years and over x. Not lodge ined 12. Who is your current supplier of pork/live pigs? ___________________________________ 13.Do you currently have any problems with this supplier? Yes No If yes state the problem ________________________________________________________________________________________________________________________________________________________________________________________________________________________ 14. Would you prefer the pork you order to be delivered? YesNo compose of Management Team have Adrean Dawkins ripen 19 Pos ition Human Resource Manager power/s BSc. environmental health Name Oneika Robinson Age 20 Position Managing DirectorQualification BSc. Environmental Health Name Vancine Brown Age 20 Position Finance manager Qualification BSc. Environmental Health Name Nastassia Rowe Age 21 Position Production & Operation Manager Qualification/s BSc. Environmental Health Name Derain Harris Age 20 Position Administrative Manager Qualification BSc. Environmental Health Name Gary-Ann Robinson Age 19 Position Marketing Manager Qualification BSc. Environmental Health Letter of load form costumer epoch __/__/__ BUSINESS NAME I. (Name) the current . Position in business), herewith commit to a contract with Argyle mountain piggery, to receive a monthly supply of live pig/pork from the company for a period . year. I therefore acknowledge that argyle Mountain piggery is my one and only supplier of pig related meat. My company will be responsible for the pick-up and delivery of the product, that will be p icked up at every.. days. The business will pay Argyle Mountain Piggery for it product at the start of every month. Signature of business manager.. Signature of representative of Argyle Mountain Piggery. . Signature of Argyle Mountain Piggery manager. Witness signature Letter of Commitment to Supplier DATE __/__/__ BUSINESS NAME We the partners of Argyle Mountain Piggery, hereby commit to a contract with HI-PO, to receive a monthly supply of pig feeding from the company for a period five year. I therefore acknowledge that HI-PO pig feeding will be our one and only supplier of pig feeding for the stated time period. My company will be responsible for the pick-up of the product that will be picked up at every weekend.The business will pay HI-PO for it product at the start of every month. Signature of sales manager.. Signature of Administrative Manager of Argyle Mountain Piggery. . Signature of Argyle Mountain Piggery manager. Witness signature Meat Cuts that will be provided by Ar gyle Mountain Piggeries Label of Identification For Argyle Mountain piggery Promotional campaign As a new business vigorous and aggressive promotional and advertising strategy will be employed.The proposed business will need to build up a reliable customer base before its decreed opening which will be ten months afterwards operations begin. At this point in time the business will have a constant monthly supply of pigs. The most effective ways of informing the public and potential customers of the proposed business is via popular radio programs on various radio stations such as mellow, love 101, ZIP etc radio is the best room to advertise the proposed business because it has a vast audition, capable of reaching the target market as well as more potential customers.It is also more affordable and practical than television. The internet is also a good pass for advertising, popular websites and social networks such as Facebook and twitter will also be targeted for adverts since a s ubstantial number of potential customers frequently claver these sites it is also a means of free advertising and promoting. Ads will be pose in the Jamaica Yellow Pages, the national directory of the island. Advertisements will be placed in the WesternMirror, Observer and Jamaica Gleaner these media also have a large audience and will successfully reach prospective customers. Flyers will be designed and placed at strategic central points such as community notice boards and Bus Parks in order to promote the business. Within Month ten of operation the business will have its official opening. This mile stone will be mark by a cook out this cook out will be arranged with the primary intention of swaying potential customers to be official clients of the proposed business A cook out is an ideal promotional and advertising strategy.Prospective customers will be given the opportunity sample the product Pigs will be prepared whether jerked, stewed-, curry pork etc. they will be able to d raw their own conclusion about the quality of the product and should most likely be impressed. Live pigs will also be on show to exhibit their superior qualities. Flyers and brochures will be distributed front to this even to enable maximum turn out. Floor plan alimentation hole Feeding hole Feeding hole Feeding hole Feeding hole Feeding hole Feeding hole Feeding holeIndustry analysis It is estimated that pig production in Jamaica accounts for less than 2. 0% to the countrys gross domestic product. The industry provides direct employment of some 5900 persons, representing 3. 1% of the total agricultural labor force. However, only eleven per cent (13%) of pig farmers depends fully on pig production as a means of subsistence and finance. Pig production and marketing contribute to indirect employment and income through linkages with the food service industries and other services.Argyle Mountain Piggery is a potential establishment which will be dealing with the rearing and cater of p igs. It will be located in the argyle mountain area where land is owned by one of the partners, and it will be provide for the people of Jamaica especially in the parish of Westmoreland. The base for choosing this site is that it is deemed accessible to all potential consumers and will boost marketing. The business will be equip will the required equipment in order to run such an establishment.A pen will be build which will house the pigs until they are pose to be slaughtered or sold to the public, there will also be a storage unit which the feed and other material for the sprightliness of the pig will be stored and kept clear from contaminates, a shed will also be built in order to keep grounds equipment safe from looting. A slaughter house will also be built and measures put in place to keep it sound since the pigs will be killed in this designated place.The major competitors to the proposed business includes Butcher Livingston and ballpark Grossers Meats and also other small s cale pig farmers, however this would pose a challenge in finding consumers as these other competitors would have already been familiar and have loyalty with the consumers. The advantage which the proposed business would have is being close to the region to which most of the customers are located this would almost guarantee our share of the market, due to ease of travel, accessibility, convenience.Even though the amount of competitors are in the area are in a mid(prenominal) region most of them are on small scale, therefore they are likely to have a negative respond to this business venture. wedded the fact that most of the competitors are on small scale, there is inconsistence in the service and product provision also poor customer services, unreasonably high prices and weak promotional strategies, so I strongly debate that the business can complete with the competitors. The Companies Act (Act of 2004) is the major regulatory laws that narrow down the proceedings of any organiza tion within Jamaica.There are subsidiary regulations that pass away the process of registration of a business and the consequences that are abandoned to any offences that may be committed. It rules for the membership proceedings of the country and all that is attached to business laws. The Public Health Act also serves as a regulatory body as it relates to food handling and meat inspection. It states that each members of the business be administered with a food handlers permit, and also the regulation to which slaughtering of swine and also the sanitary conditions of the business should be in.Implementation Schedule. 1st 30 days before start of the business The 1st month before for the start up of the business would see to include the conception of the idea of starting the argyle mountain piggery and also look at the partners to which would be involved in the creation the business, after the visualization of this idea is complete the commencing of a feasibility study would be done in order to gain specific information to a conclusion would be drawn if the business is feasible or if it is not .side by side(p) 20 days before start of the business After a feasibility study is done time will be spent in order to create a business plan which will be most suitable for the proposed business to be most effective, it will include information which will discuss topics such as marketing strategies/arrangement, industrial analysis, and also the purpose of the business . Next 29 days before start of the businessThis period would be used to gain funds for the start up cost of the proposed business and the main source of these funds would be in acquiring a bank loan which would be repayable over a period of time, other funds would be gain via different mediums in order to successfully have enough capital to launch the proposed business. Next 50 days before start of the businessAfter the granting of a loan and accumulation of other funds from different sources, construction would begin, and these constructions would include pig pen, 2 sheds, slaughter house, any other building that will be needed will be provided by a structure which is already on the premises. All of the construction that would be taken place would be on the land which is owned by one of the partners within in the business so no time would be wasted in search and buying/leasing land for use of the piggery.Next 53 days before start of the business The livestock (pigs) which will be grown on the farm would have to be sourced before the opening of the proposed business so this would take some time as the best quality would need to be sought after before being bought. Time would also be needed to source equipment, material, feed and other farm supplies that will be used by the business as the most economical prices would be sought after. Also the hiring of staff would also be done to facilitate the business operations.Next 2 days before start of the business These days would be needed t o sort out and set up the equipment that would be used by the business, and also to make sure that all the prerequisite document are in place and up to date. Next 1 day before start of the business This would be the official launch of the business, meaning the doors would be open to customers and also sales would set down on this day Next 60 days after start of the businessThis would be the period in which advertisements would be sent out pursuance persons to work with the proposed business doing duties assigned to them, interviews are dont in order to select the rite persons for the job. In this same period there would be a training period for the new and existing employees to ensure productivity is at a high. Next 21 days after start of the business These next days would be for normal operations but at the same time new partners or new investors would be sought also strategies to attract new customers would be use and put into place in this time period.Next 10 days after start of the business In this period the purchasing of supplies in order to continue running the business efficiently would be done in or to replenish what was used in the 1st place, depending of well the previous product was these days would be needed to get better products to be used by the business. Next 25 days after start of the business In these next up coming days, the business will try to source and buy equipment or jus try to make the business more efficient in its operations e. . implementing the nipple system for pigs which limits to loss of water. Next 17 days after start of the business These days will be used to fine tune who does what and when who does what, this will be done in order to build efficiency and also build a stronger working relationship as people would have jus began to dissolve down and get comfortable with each other. Gant Chart Business FeasibilityThe findings of the feasibility study showed that there is a high demand for the Argyle Mountain Piggery, so when the proposed business is actually started, it is going to be very successful. This statement is based on the fact that eighty eight percent of the responsive said they were willing to support the proposed business. Also, Another reason for the expected success of Argyle Mountain is the fact that the demand for all split of the pig are high, with dead weight at sixty percent, live weight at thirty three percent and dead weight with offal at seven percent.The feasibility study that was carried out also equipped the operators with the knowledge that a large number of the prospective customers would want a probable amount of pork on a regular basis so the demand will be great. The study also revealed the different part of the pig that the proposed buyers would like, so in this case the operators know the specific parts that the different customers want and would be able to satisfy their needs thus adding to the success of the business.When entering a business, there are some ri sks that come along with it. The business risks of proposed Argyle Mountain Piggery are the surmisal of a recession, when there is a recession most of the potential clients are likely to spend less in purchasing from the Argyle Mountain Piggery so there is a high possibility of failure. Other market risks that the piggery might experience include sales variation, which cannot be avoided. These may occur as a result of financial situations of the prospective customer. Therefore sales may fluctuate.A decrease in sales means difficulties in financing fixed costs such as wages, rent and other overheads. A difficulty will also be face up in maintaining the business, as the cost of the raw materials is very high. Another business risk is that of the fluctuation of currency, the Jamaican dollar is losing value on a daily basis therefore the cost to purchase most immaterial currency is very high. A constraint will also be placed on the profitability of the business due to the high intere st rates at which most banks in Jamaica lend money.So borrowing money at those high interest rates will cause more strain on the business in terms of making a profit. Business risks such as technology and regulatory aspect are also present. Technology might cause changes and in this case employees will have to be retrained to the more advanced technology and this will in turn cause the business more expense. Political/regulatory aspects may also be a risk to the Argyle Mountain Piggery, since licenses and cheers are necessary for the business to be legal and it is not a guarantee that these will be approved by the government.Even though the competitors were indentified in the feasibility study, it is highly likely that a new competitor can enter the market and be stronger than Argyle Mountain Piggery. The business will then be forced to change its marketing strategy by lowering the cost and in this case the quality will unimpeachably have to be improved. It is very important for t he environment to be protected and the operators of the Argyle Mountain Piggery are aware of this so the necessary precautions will be taken to keep it safe.So the waste materials that are generated will be treated and sold to farmers as manure/ fertilizer, as it contains nutrients that will increase crop yield and during this process appropriate storage will be done in order to minimize the amount of greenhouses gases been emitted. In the case where it is not treated a private contractor will be hired to dispose of the waste. The materials and equipment used in the production of the product, will be environmentally friendly as operators are going green in order to sustain the environment.