Juba Business and Construction Company conducts real estate construction, commercial transactions as well as provision of health facilities. The company undertakes all maintenance duties for real estate facilities, all transaction commodities in kind and health fertilities assuring the security and surveillance of the properties.
Financial Considerations: The Company gets its capital from the former merged companies’ assets, contribution of the partners and business revenue. In the last two years JBCC gained measurable profit from its sales and is expecting to gain valuable profit in the years coming as planned in the budget and does not anticipate serious cash flow problems. We believe that the average profit that the company will make quarterly for the 3 years coming will be sufficient. The company has enough capital to perform its duties, stabilize risk and focused profitable business engagement. The company has effective account that facilitates its business transaction and investments.
Accountability: Jubba Business and Construction Company is professional company and has qualified human resource; the company hires qualified personnel who perform business transaction. There is trial balance and monthly balance sheet account where every transaction made in the month is accounted, profit/lose account as well as all other accounts quarterly and yearly for accountability.
Transparence: JBCC Company carries out a transparent work for its customers and clients in the construction of real estate, transaction of business commodities. The company expresses its core value openly to the customers and clients to show its good operation and to engulf the faith of customers. Likewise the company does not exposure false statements on goods/services provided, instead exhibit true and clear advertisement to the public as to choose customers what they want.
Business owners and their responsibility
Name Responsibility
- Aden Mahamed farah Manager
- Mohamed Aden Mohamed Operation Manager
Mr. Aden Mohamed Farah is the business manager for the company and chairs all business transaction of the company. He does planing, leading, organizing, staffing, and controlling and likewise has the final decision of the company.
Mr. Mohamed is finance and logistic manager for the company and he does these roles;
Rising of Funds: In order to meet the obligation of the business it is important to have enough cash flow. He decides the ratio between debt and equity when raising capital. He also recommends optimal transportation modes, routing, equipment, or frequency.
He Allocates Funds: Once the funds are raised through different channels the next important function is to allocate the funds. The funds should be allocated in such a manner that they are optimally used. In order to allocate funds in the best possible manner considers the following issues;
- The size of the firm and its growth capability
- Status of assets whether they are long-term or short-term
- Mode by which the funds are raised
- Establishes specific supply chain-based performance measurement systems
- Creates policies or procedures for logistics activities
Plans profit: Profit earning is one of the prime functions of any business organization. Profit earning is important for survival and sustenance of any organization. Profit planning refers to proper usage of the profit generated by the firm. He also Plans and implement material flow management systems to meet production requirements.
Understanding Capital Market: Shares of a company are traded on stock exchange and there is a continuous sale and purchase of securities. Hence a clear understanding of capital market is an important function of a financial manager. He also maintains metrics, reports, process documentations, customer service logs, or training or safety records.
In the expansion of the activities the company employs new employees to sign for the new activities to boost business activities and increase it productivity. In the coming years the company is planning to expand its activities in eastern African countries.
The company completed many humanitarian activities funded by National and international Nongovernmental organization and some of them are illustrated in the table below; –