Please create the following:Socio-economic aspect:• Government• Community• Customer• ProponentsNote: details in the photo attached Table DesignALT4vLayoutNormalNo SpacingStyles!. Based on your proposed Business Plan, please fill in what is being asked.Name of Business: Local BlendsLocation: Sitio Lingunan, Broy. Partida, Norzagaray, BulacanCompany Profile and Logo:Company MissionHeading Heading 2LA20EMERALDD BEANCOFFEE SHOP23Café filled with plants and designed as a garden place where you can enjoy yourbeverage. But not artificial greenery, The overlooking view is what makes Local Blendsa place for your morning coffee. It will help you Clear your mind because of thesurrounded plants. Living greens increase positive energy. As a consequence of that,we get happier and more relaxed, which leads to lowered stress levels.To promote a relaxing lifestyle by serving healthy coffee alternatives to all-timefavorites and provide satisfying products that are not only pleasing to the eyes butappealing to the palate.TitlFocus VType of Business:The business's ownership is sole proprietorship where the owner is the one who generally has fullcontrol and authority over the business. The business owner referred to as the "sole proprietor"exclusively owns all assets and profits of the business, and is also personally liable for all the debtsand losses that the business might incur.As the simplest form of business in the Philippines, the business registration process for a soleproprietorship is relatively easy. Sole proprietorships are also the easiest to run since they do not havethe same formalities and regulations that corporations and partnerships have, such as boardmeetings, board elections, share capital, etc.Advantages of a Sole ProprietorshipA sole proprietor has complete control and decision-making power over the business.. Start-up costs are low..●·..··.Disadvantages of a Sole ProprietorshipThe sole proprietor of the business can be held personally liable for the debts and obligationsof the business. Additionally, this risk extends to any liabilities incurred as a result of actscommitted by employees of the company.All responsibilities and business decisions fall on the shoulders of the sole proprietor.Investors won't usually invest in sole proprietorships.Capacity to raise capital is limited.Retaining high-calibre employees can be difficult.Taxed as a single person.····Have control over profit.Sale or transfer can take place at the discretion of the sole proprietor.No corporate tax payments.Minimal legal costs to forming a sole proprietorship.Few formal business requirements.Organizational Structure:StylesAdministrativeand FinanceBookkeeperCashierStewardOwner/General ManagerFront HouseManagerLead ServerBaristaHead ChefChefBakerFocus

The case of Local Blends encapsulates the entrepreneurial journey of a unique café situated in Sitio…

Answered: Please create the following:…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Please create the following: Socio-economic aspect: • Government • Community • Customer • Proponents Note: details in the photo attached

Transcribed Image Text:Table Design ALT 4 v Layout Normal No Spacing Styles !. Based on your proposed Business Plan, please fill in what is being asked. Name of Business: Local Blends Location: Sitio Lingunan, Broy. Partida, Norzagaray, Bulacan Company Profile and Logo: Company Mission Heading Heading 2 LA 20 EMERALD D BEAN COFFEE SHOP 23 Café filled with plants and designed as a garden place where you can enjoy your beverage. But not artificial greenery, The overlooking view is what makes Local Blends a place for your morning coffee. It will help you Clear your mind because of the surrounded plants. Living greens increase positive energy. As a consequence of that, we get happier and more relaxed, which leads to lowered stress levels. To promote a relaxing lifestyle by serving healthy coffee alternatives to all-time favorites and provide satisfying products that are not only pleasing to the eyes but appealing to the palate. Titl Focus