In: Operations Management
Create a narrated paper pitching your business idea(which is to open a soul food restaurant). to a potential investor--think of Donald Trump and the Apprentice show. Here are the rules:
Cover the main idea of your business, what makes it exciting, anticipated initial costs, and first year goals.
Business plan
Naenay's Soul Food Place is an awesome place to eat,
consolidating a captivating climate with fantastic, intriguing
nourishment.
Section 1.02 Principal Associates
Name, Janay Jones
• Associates degree in Medical Assisting and Pursuing a Business degree.
• I have over 20 years experience in a kitchen setting. I have been working and cooking for years.
• ServSafe Certified.
My mission isn't just to have incredible tasting
nourishment, yet have productive and agreeable administration since
consumer loyalty is fundamental. We need to be the eatery decision
for all families and singles, youthful and old, male or female.
Worker welfare will be similarly essential to our prosperity.
Section 1.03 Legal (Structure/Permits/Licenses)
Naenay's Soul Food Place will operate under a sole proprietorship.
I will have complete control and be responsible for any legal
obligations.
I would obtain certain licenses to run my
business.
• Business License. ...
• Employer Identification Number (EIN) ...
• Certificate of Occupancy. ...
• Food Service License. ...
Article II. Product & Service Offerings
Section 2.01 Products/Services
The production of a one of a kind and imaginative fine eating
climate will separate us from the opposition. The eatery will
emerge from alternate eateries in the region as a result of the one
of a kind outline and stylistic layout. We will offer a fine eating
background in a comfortable climate.
Product quality. Great sustenance as well as
incredible administration and air.
The menu will engage a wide and fluctuated customer base. My
business hours will be from Sun to Thursday. From 10am to 10pm.
Saturday and Sunday call ins only.
Section 2.02 Pricing Structure
Pricing will be compared to others in the area and be beaten. I
will offer a meet and beat price as well. If someone has a 10 piece
wing for cheaper I will match or beat the price of the item to
sell.
Naenay’s Soul Food Place
Main idea: What do you want when you are feeling low in your life? A solution to all your problems? We might not give you that, but we surely will make you forget all your problems for the time you are with us at Naenay’s Soul Food Place! Great food, great ambience and great nourishment. You get all under one roof at Naenay’s Soul Food Place.
The team: We have Janay Jones as our Principal associate who has an associates degree in Medical Assisting. She is currently pursuing a business degree. With over 20 years experience in cooking she is very well versed with the kitchen surroundings. Her vision isn't just to have incredible tasting nourishment, yet have productive and agreeable administration since consumer loyalty is fundamental. She aims to male this restaurant an eatery decision for all families and singles, youthful and old, male or female. She aims at worker welfare to be of similar essentiality to the restaurant’s prosperity.
Company
structure: Naenay's Soul Food Place will operate
under a sole proprietorship. Ms. Janay will have complete control
and be responsible for any legal obligations. Ms. Janay would
obtain certain licenses to run this business.
• Business License.
• Employer Identification Number (EIN).
• Certificate of Occupancy.
• Food Service License.
Products and services: The production of a one of a kind and imaginative fine eating climate will separate this restaurant from the opposition. The eatery will emerge from alternate eateries in the region as a result of the one of a kind outline and stylistic layout. The eatery will offer a fine eating background in a comfortable climate. Eatery will provide great product quality. Great sustenance as well as incredible administration and air. The menu will engage a wide and fluctuated customer base.
The business hours will be from Sun to Thursday. From 10am to 10pm. Saturday and Sunday call ins only.
Pricing: Pricing will be compared to others in the area and be beaten. We will offer a meet and beat price as well. If someone has a 10 piece wing for cheaper we will match or beat the price of the item to sell.
Anticipated initial costs: There would be a good amount of initial investment to get the eatery up and running. The initial costs will include:
First year goals: We plan to break even on our initial investment in 3 months. Run break even on variable costs for another 2 months and then start making profit from 5th month onwards.