Question

You are an entrepreneur who is starting their own business. Devise a short “business” plan which describes your product, and your first year of operations. Your goal is to break even within your first year, how much of your product and at what cost do you need to sell it in order to achieve your goal?

Answer 1

Answer :-

Strategy for success :-

Tea, espresso and snacks business retail outlets

ABC tea and bites, California, USA

Target clients : -

Youthful age school going understudies

Working experts :

Each one who adores to appreciate tea, espresso and flavorful bites.

speculation: US $23,000

1st year plan :-

I will begin my business with little contributions like chips,Maggie , cool espresso, water packets,cold drinks , juice , hot coffee,tea , confections from breakfast , entire day evening refreshment for any person who feel little appetite .

Wellspring of assets :

• Group subsidizing
• Companion and relatives.

Equal the initial investment examination :-

• With an estimation of 50 clients for every day and 20 days activity in multi month.
• I trust that approx 800 clients in multi month .
• Furthermore, on a normal, I will win 1-3 $ per individual as an overall revenue.
• In this way, following one year activities I will accomplish nearly the cost associated with opening a solitary store .
• Be that as it may, I will open comparable stores so ,As to diminish the expense of fixings in running these stores.

Evaluating and menu :-

• Tea : 1 - 4 Dollars
• Espresso : 2 - 7 dollars
• Maggie : 3 - 6 dollars
• Chips : 1 - 3 dollars

Different items will be extend between 1 - 18 dollars .

Home conveyance will be given to the customers.

Quality will be our benchmark .