By: Clayton Oller and David Gunter
Six Business Activities
2. Raising Capital: 75% is our own money that we have saved over the years to put toward our business. The other 25% is a loan that we are gradually paying back as business increases to our local bank.
3. Employee and Training: David and Clayton are the chefs of the Shack, while their wives are the cashiers for the business. This is a very nice family run, and family friendly business that is very self efficient through the payroll.
4. Buying Goods and Services: We will get all of our food from our local Kroger. We are buying all of our cooking supplies such as a fryer and stove from Bunn Capital. We are getting our plastic utensils from Walmart and our to go boxes from Bunn Capital.
5. Marketing Goods and Services: We advertise through a Facebook page, Twitter page, and a commercial on the radio. We also have created a website to display our shack. This allows the customers to give feedback and comment on our business. We also update our Facebook and Twitter pages with great pictures of our horseshoes and happy workers.
6. Maintaining Business Records: We use Quick Books to track our payments and orders so we stay organized through that. Our taxes for the government are done through Turbo Tax. This allows use to put in our information and turn it in for taxes to our government. We stay as organized as possible so we have no issues with payment.
Two people contribute to the investment
Get enterprise form more than one person
We are both responsible for the decisions made by the both of us
No protection for personal assets
If a partner leaves or dies the partnership is dissolved
2. Payoff loan
3. 95% customer satisfactory rating
4. Decrease Debt
5. Add items to the menu to increase variety