5 11 business ownership
TRANSCRIPT
Business Management
Flower: Dahlia
Term: Sole Proprietor
Dahlia
• Availability: supply varies, July-Nov.• Color: pink, red, yellow, orange, white, and
bicolors• Flower form varies; size varies from buttons to
magnificent dinner-plate; many cultivars exist.• Large to Medium mass flower • Longevity: days 2-10• Sold by Bunch (5)• Cost $10-15/bu
Sole Proprietor
• The simplest form of business ownership.
• There is one owner who reports the income under his or her own ID number.
• There is no liability protection – if the business is sued – the owner is personally sued.
Other Types of Businesses
• Partnership – Just like a Sole Proprietorship with more than one owner.– Income reported on personal income tax –
divided according to partner interest. – No liability protection
What is Liability
• The state of being legally obliged and responsible
• If your business is sued and does not have enough assets to cover the amount, your personal assets are sold to cover the difference.
• Results in Bankruptcy
• We live in a litigious society
Corporations
• LLC (Limited Liability Corporation)– Taxed either as a individual or corporation– Personal assets are safe– Apply with the State Corporation Commission– Need to have Corporate By-laws– Easy to do – apply on line
• Corporation– Taxed as a corporation and as individual– Personal assets are safe– Must have a board– Need an attorney to set-up an S or C Corp
Steps for a new business
• Complete a Business Plan - Thursday
• Apply for a Local Business License
• Register the Business with the state
• Apply for an FEIN
Cut Flowers Review
GladiolusSword Lily• Availability: year-round• Color: white, pink, red, purple, green, yellow, and various
bicolors• Unique Characteristics: Flower stem is geotropic, curving
away from gravity. Colors are many; florets can be plain, fringed, or ruffled, continuing to open progressively.
• Large line flower: Excellent choice for line-mass designs. Florets are sometimes used in bridal or corsage work to create composite flowers.
• Longevity: weeks 1-2• Sold by: Bunch (10)• Cost: $8.00
LimoniumMisty Blue
• Availability: year-round• Color: lavender, blue, pink• Air-dries well; appears more open than
other Limoniums.• Small filler flower• Longevity: weeks 1-2• Sold by bunch of 5• Cost: $6.00
Gerbera - Common & Botanical Name
• Mass flower– Formal or informal
• Available year-round• Colors yellow, red, orange, pink, &
white• Lasts 4 -14 days (not in foam)• Leafless stems• Uses special straw to protect stem• Sold by: Bunch (10)• Price: $.89/st
Spray or Mini Carnation
• Genus: Dianthus• Availability: year-round• Color: red, yellow, orange, white, pink, lavender,
and various bicolors• Flower is fragrant, long lasting, and has many
cultivars. Shows ethylene sensitivity.• Small mass flower: Extremely long-lasting flower
and buds add texture, form, and mass.• Longevity: days 10-14• Sold by bunch (5), $3.50/bu
Alstromeria Peruvian Lily
• Genus Name: Alstromeria• Available year round• Colors: White, yellow, pink & purple usually
striped and freckled• Long-lasting, attractive, ethylene sensitive• Form flower, topiary standard• Lasts 12-15 days• Sold by bunch (10), • $7.00
Standard Rose
• Genus Name: Rosa • Availability: year-round• Color: red, pink, yellow, white, lavender, orange, and
bicolors• Fragrant; air-dries well; will benefit from stems being cut
under water during processing• Sold by the stem length 40 -60 -70 cm• Mass flower: The rose is as varied in color as in its
applications. Uses are limitless. • Longevity: days 3-10• Sold by: Bunch (25)• Price: $.85/stem
Baker’s Fern• Genus: Rumohra• Available year round• Dark green. • Fronds are triangular, available in
several size grades• Medium to large filler, covers
mechanics, adds mass & texture• May have spores on the back – be
careful in corsages• Longevity: 1-2 weeks• Sold by bunch (12)• Cost: $3.00/bunch
Ranunculus Persian Buttercup
• Availability: January-May• Color: pink, red, orange, yellow, and
white• Unique Characteristics: double
flowered form is most readily available in the cut flower trade
• Medium mass flower: Buds and leaves can also be used to add texture or interest.
• Longevity: days 4-7• Sold by: Bunch 10• Cost:
Statice
• Genus: Limonium• Availability: year-round• Color: lavender, purple, blue, yellow, and
white• Air-dries well with a papery texture; durable
and versatile.• Small filler flower: adds texture to any style of
perishable or dried flower designs.• Longevity: weeks 1-2• Sold by: • Cost:
Delphinium
• Availability: year-round• Color: blue shades, white• Color can be bold; • Ethylene sensitive.• Medium line flower• Works well in garden-style designs, adding
intense blue color• Longevity: days 4-12• Sold by:• Cost:
Standard CarnationDianthus
• Availability: year-round• Color: white, red, yellow, orange, pink, lavender, purple,
green, and various bi-colors• Unique Characteristics: Flower is fragrant, long lasting
and durable, and extremely versatile. Many cultivars are available.
• Shows ethylene sensitivity.• Design Applications: Medium mass flower, uses are
unlimited.• An excellent choice for paving, terracing, or pillowing
techniques.• Sold by: Bunch (25)• Wholesale price:$.35
LarkspurConsolida
• Availability: June-September• Color: white, pink, purple• Stems can be hung upside down to air dry. florets will
remain intact.• Feathery foliage is indicative.• Flower is ethylene sensitive.• Medium line flower: Serves as an excellent choice for
adding line, and works especially well in mixed garden bouquets or feminine designs.
• Longevity: days 9-10• Sold by Bunch (10)• Cost: $8.00
Pompon or Cushion Pomp• Genus: Chrysanthemum• Spray mum with no button in the center• Availability: year-round, • Color: white, yellow, lavender, purple, bronze, and
burgundy• Flower form consists of solid ray florets. Stems often
have long laterals. This flower is known for its longevity and durability.
• Medium mass flower: Round form adds mass to any style of design. Flower is extremely versatile.
• Longevity: weeks 2-3 long lasting• Sold by bunch, $3.00
Daisy Pompon
• Genus: Chrysanthemum• Spray mum with a button in the center• Availability: commercial product: year-round, many
cultivars• Color: white, yellow, bronze, burgundy, and lavender• Flower form is the same for all daisy pomps with the
center colors varying by cultivar. Stems often have long laterals.
• Medium mass flower: Round form adds mass to any style of design. Flower is extremely versatile.
• Longevity: weeks 2-3 long lasting• Sold by bunch
Football orIncurve Mum• Availability: year-round• Color: white, yellow, pink• Flower form is classified as an intermediate
incurve mum. • A disbud mum.• Large mass flower: Round form adds mass, and
is a good candidate for use in traditional line-mass designs.
• Longevity: weeks 2-3 long lasting• Sold by stem for very large flowers or bunch 10
for smaller.
Spider or Fuji Mum
• Availability: year-round, many cultivars• Color: white, yellow, green• 4-5” flowerhead form is produced by
many fine to coarse ray florets on a single stem. This is a disbud mum.
• Large mass flower: Unique “spider” form adds mass and interest; and is useful in traditional line mass designs.
• Longevity: weeks 2-3 long lasting• Sold by bunch or stem depending on
size
Red Rover• Availability: July-November• Color: red tipped yellow• Flower contains yellow tips and is available as a
single stem.• Medium mass flower: Round form is a good
choice for line-mass designs• A nice choice for autumnal arrangements in
combination with other members of the Chrysanthemum genus.
• Longevity: weeks 1-3 long lasting• Sold by bunch
Wax flower• Chamelaucium• Availability: September-May• Color: purple, pink, or white• Fragrant, citrus-like smell is apparent upon
breaking leaves.• Small filler or line flower.
– Versatile filler– Adds movement to handheld bouquets– Provides length or height to container arrangements.
• Longevity: days 7-10• Sold by: Bunch• Cost:
Sprengeri• Asparagus (Sprenger)
• Available year round
• Airy, often trailing stems; thorny; sometimes displays green berries; newer growth appears light green.
• Available in long lengths for garlands & bridal work or short stems for corsages
• Plant used in hanging baskets
• Longevity: 1-2 weeks
• Sold by bunch (10)
• Cost:
Stock
• Genus: Matthiola• Available Jan – October• Colors: white, yellowish-cream, lavender,
purple, burgundy-wine • medium line flower: a staple for the florist. Can
also be useful to add mass to varied design styles
• Longevity: 4-7 days• Sold By: Bunch (10)• Cost: $8.00
Monte Cassino Aster
• Availability: Year round• Color: white, lavender• Flower has prominent yellow center.• Small filler flower• Daisy-like flowers lend themselves to
garden-style designs• Longevity: days 7-10• Sold by: Bunch• Cost:
Calla Lily
• Zantedeschia• Available Year round• Pink, yellow, white, orange• Lasts 4 – 10 days• Formal Line flower – frequently used for wedding
work - not really a lily• Sold by: Stem• Cost $2-4 each depending on size
Lisianthus
• Genus: Eustoma• Availability: year-round• Color: white, pink, purple, bicolor• Flower stem is phototropic• Many cultivars are available. • Shows ethylene sensitivity.• Medium form or mass flower.• Laterals are generally longer for smaller-scale designs. • All varieties work well in romantic-style arrangements.• Longevity: days 7-14• Sold by: Bunch• Price: $10
Solidago
– Availability: *Year Round*– Color: yellow – can be dyed red– Air-dries well; often contains long
enough laterals to be used individually.– Small filler flower, also canbe used as a
line element in smaller-scaled designs.– Longevity: days 7-10– Sold by Bunch– Cost: $5/bunch
Bear Grass
• Xerophyllum• Availability: year-round• Color: green• Unique Characteristics: Plant air-dries well; leaves
are narrow and bladed, and display an arching habit.• Small filler: Multilinear filler is an excellent choice for
adding movement to container or bouquet work. Works well in mass. Often is used to create loops in corsage and boutonniere designs.
• Longevity: weeks 1-3 long lasting • Sold by bunch• Cost:
SnapdragonAntirrhinum
• Availability: year-round• Color: pink, white, yellow, purple, and orange• Flower stem is geotropic in that stems bend
away from gravity. Store in vertical position to avoid curvature.
• Individual florets “snap” when gently squeezed. Most varieties have sweet fragrance.
• Medium line flower: Serves as an excellent choice for any style of design.
• Longevity: days 10-14• Sold by Bunch 10, $10 - $12
Today
• Displays – Read chapter 22 in book
• Answer the questions on the worksheet and place them in your notebook.
• We need to create a display for the end of the school year.
• Sketch a potential display for the annex display case.
Annex Display Case
Fau
qu
ier
FFA
An
nu
al
Ban
qu
et
You and your family are cordially invited
to our Annual Chapter Banquet. Join us
in celebrating our chapter and our
member’s achievements as well as
recognizing those who have supported
us throughout the year. A meal is
provided. Please RSVP by calling 428-
2152 or 428-2160 by May 4th.
Thursday, May 13th, 2010
6:00 pm
Effie Bell Cafeteria
Fauquier High School