Question

In: Economics

Write a one-page concept statement ( Executive Summery), about a business “ such as restaurant/ tourism”...

Write a one-page concept statement ( Executive Summery), about a business “ such as restaurant/ tourism” that explains in brief about the business and answer the following question:
1. What? ( Product/ Service)
2. Whom? (Target Market)
3. Why? ( Uniqueness)
4. Who? ( Team)

Solutions

Expert Solution

The Executive Summary

Mobile Restaurant is a food truck business with operational base in Florida which will offer our regarded customers an assortment of food items sold for the most part through our eco-accommodating food trucks which would run on vegetable cooking oils and would target high-thickness regions inside Florida to sell our food items which will include an enormous assortment of nourishments, for example, chicken, macaroni, sandwiches, soups, and cheddar among others.

A favorable position we would have more than a few different contenders is the accessibility of food during most times which would be served from 10 am to 10 pm from Mondays to Saturdays. Additionally, we would assemble our plan of action on getting a genuine incentive for cash. Hence, our food would be sold at pocket-accommodating rates, while likewise getting an incentive for cash.

As a food truck business, our administrations are not confined to a particular area, as we would target high-thickness zones to offer our administrations and items.

A significant piece of the venture capital will be directed into the acquisition of 2 food trucks, a business outlet or office, and hardware. Others will incorporate the installment of wages and the advertising of our business.

As a major aspect of our extension plans, we have an objective of diversifying our food truck business in 5 years beginning from the date of initiation of business tasks. Utilizing the correct techniques, we would extend our activities through this channel to cover a few states across America.

A territory we would endeavor for our potential benefit is the acknowledgment of all types of installments which will incorporate money, Points of Sale (POS) installments for administrations, Mastercards, and checks and furthermore portable and web installments among others.

Mission

Our central goal is to be the preeminent food truck business in Florida inside 3 years of our tasks. At present, there are comparative organizations that offer our sorts of administrations.

Nonetheless, we will increase current standards higher in how food truck business is done through the selection of eco-accommodating procedures, for example, the utilization of vegetable oils to control our trucks and furthermore looking for better methods of serving our customers across Florida.

Money related Projection

Throughout the following 3 years, we plan on extensively expanding our incomes which would see us creating great benefits. Our benefit projections have been drawn utilizing current industry patterns and financial records dependent on fair and square of extra cash of Americans.

Development Plans

Our quick extension plans are fixated on Florida temporarily, where we look to open more outlets to cover the whole state.

Be that as it may, in the drawn out range, we have our sights set on finding our operational outlets in all the states inside the United States. This would for the most part be driven by our diversifying arm which would make accessible to intrigued franchisees the chance to claim our business broadly.

We have set a time period for the initiation of our diversifying activities at 6 years from the date of the beginning of business tasks.


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