MT 499 Purdue University Week 3 Homey Caterers Bakery Organizational Processes Analysis This assignment will help you determine the optimal location for yo

MT 499 Purdue University Week 3 Homey Caterers Bakery Organizational Processes Analysis This assignment will help you determine the optimal location for your business along with the equipment and technology you will need to be successful at start-up and just after start-up.

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The following Course Outcomes is assessed in this Lab assignment:

MT499-2: Analyze organizational processes and procedures in a variety of business settings.

(Note: Some requirements for this assignment do not have specific areas in LivePlan to address them. Once you have completed the areas that appear in LivePlan, you can download LivePlan as a Word document and then insert the other checklist items required in the Word document before submission.)

Assignment checklist:

In the “execution” portion of your plan, under “operations” (Note: some requirements for this assignment do not have specific areas in LivePlan to address them, so be sure to include all the information below):

Determine the best location for your business.
Explain your reasoning for that location (including online).
What do you expect to pay per square foot? (This applies even if you own the building. What price per square foot is the building worth?)
What technology will you need to be successful when opening or shortly thereafter?
How much do you expect to pay for this technology? Remember installation costs.
What equipment and/or tools will you need for your business at or shortly after opening?
What do you expect to pay for equipment and tools?
Analyze the process you will use to produce your product or service.

Discussion

This Discussion will help you explore the best location for your company as well as the equipment and technology you will need to be successful. You will learn the most from this unit if you interview someone who runs a similar business to what you would like to start. While this is not required, it will help you better understand potential needs.

Where will your business be located?
Explain your reasoning.
What price per square foot (if applicable) will you expect to pay?
What equipment will you need at start-up?
Explain your reasoning, and comment on timing for purchases over the first year.
What is the cost of the equipment you need?
What technology will you need at start-up?
Consider what you need to own, and what you can outsource.
What is the cost for the necessary technology, and if outsourced, how much will you pay monthly for those services?