What are their job descriptions? Why were they chosen? What is the extent of their education and their work experience?
Two different methods can be used to determine occupancy levels. Hourly - If you estimate percent of occupancy on an hourly basis, the customer rate would be 9. Not all of the customers will come in during those dinner times nor will they be spaced evenly throughout the business plan micro credit.
First, flyers will be distributed in the neighborhood. Ads will be taken out in all of the Catholic church bulletins in the area: Holy Martyr, Queen of Peace and St. The restaurant is located one block from Holy Martyr Church and school. The owner's family attend the church and have a son who has been a student in the school for 7 years.
Special events will be promoted with a portion of the proceeds going to the school. Ads will also be placed in the target areas of the Burns' Grocery, and the local neighborhood newsletters. For special entertainment nights, radio and newspaper ads will be placed.
Entertainment and food critics will be given an invitation. On opening night we will have an invitation only party, with over 1, invitations being sent. For businesses in the area, menus will be distributed and ordering will be available by fax.
A customer mailing list will be developed with a calendar of events being mailed on a monthly basis. Sales Tactics Servers will always ask the customer if they want added items, i.
This will not only increase sales for the business but will also increase the amount of money the server makes.
Most people tip according to a percentage of the check. The higher the check the greater the tip. The server can control their own income. All tables also will have "table tents" or advertisements. The tents will describe upcoming events. Also, pictures and descriptions of items for sale, such as micro-brewed beers, desserts, etc.
The menus will provide detailed descriptions of the items available, including a section describing the different types of beers available. For example, the chili beer. If that does not work, the customer will be given their meal free of charge.
One block north of Coffee Circus. Known for their southern style cooking. The restaurant caters to families who want to eat and leave. No live entertainment is provided.
Their prices are moderate with little or no variation. They are known for good quality food and service. Extremely clean and well managed.
There is little or no product comparison. They have become successful due to location and reputation. Burger's Joint - Northwest corner of Holgate and 37th Ave.
A well-known fast food franchise with a good presence and marketing plan. The food and prices are about the same as their competition. There is no product comparison. LaJolla - Southeast corner of 37th Ave.
The atmosphere is upscale and the food pricing is moderately high. The food is highly specialized and caters to a certain type of clientele. There is no comparison. Steve's - Northeast corner of 37th Ave.In the United States, a small business with five employees or less.
Microbusinesses are typically defined as needing less than $35, of seed capital, and generally do not have access to typical avenues of business finance such as corporate credit accounts or commercial banking services.
This business plan for an ethnic restaurant is highlighted by an exhaustive financial analysis, complete with monthly projections. The fine attention to number specifics indicates an understanding of all the details that go into running a business. Bplans offers free business plan samples and templates, business planning resources, How-to articles, financial calculators, industry reports and entrepreneurship webinars.
Essentially, a business plan is the management and financial blueprint of your company.
It is meant to serve as both your business guide and as a tool to help you attract investors. The plan should be comprehensive yet concise. Carol Topp is a Certified Public Accountant (CPA) and host of the PBS television program Micro Business for Teens: Starting a Micro Business.
She enjoys encouraging teenagers to start their own micro businesses. The existent business plan provides a rational framework for the microfinance part of EEA. The Company was founded by Dr. Jasson Kalugendo and Jerry Twombly who, along with Dirk Sander, are actively managing the company.5/5(3).