assignment only operation part

Hi

Need 2 to 3 pages on Operations for hypothetical company which is run by first nations/ Indigenous in Canada

Hypotheical company details:

B. Equipment Rental Company (ERC) - larger construction companies often rent equipment when they have a project to complete for a customer. The types of equipment that are most common are light towers, water pumps, compressors, aerial work platforms, skidsteers, etc (the equipment can be many and varied). Numerous First Nations in Canada are considering this as a means of acquiring equipment for rental purposes that can also be utilized in their community. Your team of student consultants will put together a plan for the start-up and development of such an ERC for a First Nation community. Your clients (ultimately the First Nation community, but via enTrust Engagement Inc.) do not have a background with this type of business/service so they are relying on your team to develop the plan from the ground up for them.

Student-Consultants:

1. Your direct contact is enTrust Engagement Inc. a consultancy firm working with First Nations to build economic capacity in support of the recommendations outlined in the Truth and Reconciliation Commissions “Calls to Action”, specifically Call to Action 92. First Nations typically have not developed the personal service type economic infrastructure in their communities. This causes “economic leakage”, sending money outside the Nation to acquire goods and services that, if developed in the community would help generate wealth.

2. Three Steps that will “kick off” your team’s Final Project:

**STEP TWO: Student-consultants should initially research the Indigenous Peoples of Canada including information on Truth and Reconciliation and First Nation/Indigenous entrepreneurship.

3. **STEP THREE: Research your business sector/project and begin planning and choosing your design/options, gathering information, and including critical issues and what needs to be addressed en route to your recommendations/final paper for the business creation and development. You may wish to utilize Business Model Canvas and/or Business Model Circle as part of your initial planning/design framework.

4. Important Background Information about enTrust Engagement

- Entrust is developing a suite of services that can are utilized in the community but can also be “exported” to surrounding communities and bring money back to the community. The communities that will benefit from the “export” of services will be within an hours drive of a non-Indigenous community that has a population at least 20,000 people.

- Entrust will be providing the equity to start these businesses in partnership with the Nation and will access the remaining required capital from a major Financial Institution in the form of a loan. Entrust will be providing 40% of the required capital and 60% will be in the form of term loans. The goal is for Entrust to exit the investment within five years of the start of the business. One of your tasks will be to determine the start-up capital required.

Entrust will initially provide management services, if required, and will train individuals from the Nation to assume day-to-day management duties during the first two years of operations.