Age and ethnic restaurant visiting frequency - Theseus

23share profit or loss to anybody else. In partnership business there must be two ormore partners working or investing together in a business. There are two types ofpartnership structure on the basis of activeness and right. One is general partnershipand other is limited partnership. There are two types of limited company by their investmentposition. Private limited is a company invested by two or more share holderswith limited liabilities. The company which has issued share to public to raise itscapital is public limited company. In case of public limited companies, general publiccan invest money through secondary market like Nokia, Nordea bank etc. Cooperativeis an increasing practice in the business world. Many people own the share ofthe company and the business is operated as per the interest of investors. In suchbusiness mostly all owners are customer of the cooperative. In Finland they are socalled owner customer (Omistaja Asiakas) like S-card holder of S-pankki. (FinnishEnterprises agency 2011, 8)3.4. Operation PlanOperation plan describes the physical attributes of business operations, such asbusiness‘s physical location, facilities and equipments. Depending upon nature ofbusiness operations, it may also include information about inventory requirements,suppliers, and a description of a manufacturing process. (Ward, 2012)Location is one of the most important things to be considered while establishing abusiness. Even company with excellent product and services might also fail if thechoice of location goes wrong. Especially, when it comes to the retailing and restaurantbusiness location is the most important factors that should suite to customer.(Kehra Communication, 2006)Facilities and Equipments: Operation plan also mentions quantity and nature ofequipments needed to operate the business. What facilities are going to be used,where it can be located are few important factors that should be explain in this chapter.In Finland, to open a restaurant there is a legislation that guides facilities relateddecisions. (Greene 2005, 11-12)For example, wash room for the staff should be separate and restaurant is biggerthan 30 seats it must be suitable for the visit off handicapped people and at the sametime washroom should be usable by handicap people.