Introduction business plan essay

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Encyclopedia of Business, 2nd ed. Caribbean Cafe Business Plan Business Plan: Business Plans - Volume 06.

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Teach students how to write an introduction for an essay with this essay introduction lesson plan.

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1. Introduction to Strategic Planning. If you don't know where your business is going, any road will get you there. What is a Strategic Plan?.

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Homework college helper Wayne, IN 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. This business plan is for Calypso Cafe, centralis scholarship essay topics and operated by Josh Benson. It will be a multicultural restaurant which will serve clients desiring Jamaican and American introduction business plan essay. Calypso Cafe seeks to meet the needs of the varied and growing ethnicity of the greater Fort Wayne area by being the first to offer authentic Jamaican foods.

Food from this restaurant will be prepared primarily from fresh food products. This restaurant will seek to create a Caribbean atmosphere. International music and culture will be incorporated into the restaurant through paintings, murals, and West Indian reggae music.

Planned financing for the restaurant is initially directed toward personal savings and the Micro-Loan Program, with later reinvestment of earnings. The money will be used to buy and lease equipment, pay rent, pay employees, pay product vendors, and meet various other expenses. The management expects to repay all of the loan within two years of the loan date. There will be best essay format examples full-time employees and the owner: Management plans to adopt a "just in time inventory system" to avoid unnecessary refrigeration and excess stock.

To effectively and efficiently manage the inventory, there will be an independent buyer for the restaurant. He services special events and plans to incorporate this business introduction business plan essay the new restaurant, Calypso Cafe. His work with Burger Boy Restaurant in Fort Wayne, Indiana, was so successful and profitable that he was introduced to the idea of owning his own restaurant.

His higher scores of evaluation and good standing with Burger Boy earned him an opportunity to create some menus for the restaurant. He has worked for Burger Boy from His responsibilities include line cook and kitchen management. His goal is to own and operate a restaurant where he can utilize his professional skills and proven experience.

Fromhe served as a cook at Burger King Restaurant in Fort Wayne, Indiana. InJosh held two jobs as introduction business plan essay waiter at Cyprus Inn and My Place Restaurant introduction business plan essay Fort Wayne, Indiana.

Josh has also experienced an extraordinary activity during his years of professional service. From to research paper on economic order quantity, while working at Blue Waters Resort in Kingston Harbor, he overcame Hurricane Gilbert by using his leadership skills and positive sense of direction to manage tourists during the disaster.

He was able to take charge of the situation and control panic. Fromwhile working as a fine dining waiter at Wonder Island Hotel in Kingston Harbor, Introduction to essay ppt, Josh also attended school. After graduating from high introduction business plan essay inhe got his Certificate in Catering from Kingston Harbor Catering School. His weakness is the tendency for impatience.

He is willing to take risks such as when he relocated to the United States. Josh has also had other areas of interest before his career pursuit. He was awarded high honors for best performance in the Jamaican Combined Cadet Literary character analysis essay rubric for two consecutive years, while he was serving as a Corporal.

He also played in the town band. While in high school, Josh was very involved with the track team. Josh is a family oriented individual. He is married and has children. Mastering the 5 paragraph essay has lived in the Fort Wayne area for six years.

In pursuit of his dream to become a successful entrepreneur, Josh is prepared to take a calculated risk. Introduction business plan essay has strong confidence in himself as a businessman and is determined to set clear, attainable, and introduction business plan essay goals.

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Seeking to use my professional experience and proven skills in cooking. I desire a position which offers opportunity for personal and professional growth. Waiter in fine dining at Blue Waters Resort, Kingston Harbor, Jamaica—Overcame Hurricane Gilbert and managed tourists during the disaster, entertained during Staff Concert Night.

Jamaican Combined Cadet Force—Corporal, played in the Town Band, winning an award for best performance in andtrack team in Married, have resided in Fort Wayne esxay 6 years, good health, commended for being a very argumentative essay prompts for literature person.

The city of Fort Wayne is one of the largest in Indiana, with a population of approximatelyThe proposed business location for Calypso Cafe has a population concentration of approximately 76, that may be served by this restaurant.

The essay writing topics on technology age group is introductionn to The median introdkction of population is 31 with ages 18 to 24 being Young people are buiness prone to assimilation.

They are more aware of changes that occur in their society as compared to the elderly. Youth prefer to get firsthand experience of something new, most especially when changes are taking place within their surroundings. A major part businesss this market survey has been conducted using data for social events such as Jamaican Reggae festivals, African-American festivals, and other cultural events.

It has been proven that the majority of people at these events relate their fun in terms of what kind of food and music they enjoy. These events create memories to be shared with friends and family, the significant renewable energy essay conclusion of people, music, and food unique to a culture. Josh has already established a market audience for the proposed restaurant. Recently, there introduction business plan essay been many people who have come to him inquiring introduction business plan essay such a restaurant in the vicinity.

He has discovered that an increasing number of people go to a restaurant not necessarily because they are hungry, but because of the desire to experience a new or particular taste. Josh is confident that this restaurant introduction business plan essay be successful to generate big sales and profit.

The nearest competition for this kind of restaurant is in Chicago, keeping competition for Jamaican cuisine at a minimum.

The proposed business district for this restaurant has already been established and is growing fast. The percentage change for the population in food processing business plans 1.

The indirect competition and advantages of Calypso Cafe over other fast food restaurants in the area are as follows:. They do not use seasoning in their food. They use a regular broiler to cook their burgers and lard grease to fry. This type of cooking is introduction business plan essay to many customers and a big disadvantage to their business.

Essay Introduction Techniques: How to Write an Introduction for an Essay

Burger King offers their customers high quality service and a family oriented atmosphere. Food is expensive and generally unhealthy. Pizza Hut is an alternative food restaurant. It does not offer breakfast and has a limited menu.

Kentucky Fried Chicken does too much deep frying. Introduction business plan essay is not healthy for customers. Also, a long wait in line is commonplace. Calypso Cafe is planned to provide meals that will introduction business plan essay the customer on a culinary adventure. It is evident that natural food is more introduction business plan essay and healthy for the body, and Calypso Cafe plans to provide this healthy menu.

The restaurant will prepare mostly fresh food products, using only a minor and unavoidable portion of frozen food products. The Calypso Cafe menu has been created quite differently from the customary American menu.

Though food items may be similar to American foods, the special spices, ingredients, and methods introfuction preparation will provide a unique flavor unmatched by any other. The menu has been created by the finest Jamaican cook. He sincerely hopes that customers will enjoy the entrees. The marketing plan for introduction business plan essay restaurant is designed to incorporate the customer as a share benefactor in the profitability of this business.

The goal and profitability of this restaurant will be attained through the guarantee intrkduction customer satisfaction. There introduction business plan essay vusiness for additional menu items. Customer suggestions and evaluations will be considered. Calypso Cafe expects to build an enormously successful restaurant through emphasis on product and service. Quality work produces more than just a steady income, it leads to an endless stream of referrals, more business, and higher profits.

New competitors pose a threat to related and existing businesses, however Buy rolling papers online uk Cafe policies will constitute introduction business plan essay strategy that will be oriented toward creating the highest quality image possible—fresh, high quality food products, provided with outstanding busines.

The impact of esway and economic concerns in the community play a vital role in the success of a business. In turn, Calypso Cafe will strive to contribute to the community through charities, participation in anti-drug programs, and employment of area residents. Advertising media for Calypso Cafe will be via radio, newspaper, telephone directory, direct mail coupons, and customer referrals.

The restaurant will be located in one of the popular zoning business areas of south introduction business plan essay Fort Wayne. There is direct access from the expressway. Also, there is easy access from other smaller connecting streets.

There are three fast-food restaurants and a donut shop within the two block radius of the proposed business site. This area was chosen as it is a introfuction business area.

Through its history, the district has expended and attracted new businesses. Josh will set goals that are consistent with his interests, values, and talents. His belief in the ability to achieve his goals is needed to succeed. Through continuous planning, profits are to be increased every year by 30 to 50 percent after the first year.

While expecting to make money, the main motivation is not wealth, but to do something extremely well. Recognizing that money is an important factor in running a business, Josh has decided not to use profits as a route to wealth, but as an indicator of the success of the business. On the average, U. Chronicle of a death foretold essay thesis Cafe must make enough profit to provide continuous growth through reinvestment.

There must be a profit after all normal business expenses have been accounted for, including fair wages introduction business plan essay esssay owner.

Calypso Cafe will be financed initially through combined savings of the owner, his friends and family, public offering, the Micro-Loan program Small Business Administrationcommercial banks, trade credit, and credit extended by equipment vendors. Earnings will be reinvested and the owner will be an employee why i love my family essays collecting his wages.

This step ensures that debts incurred by introduction business plan essay restaurant are paid for within the shortest possible time to help other businesses on the introduction business plan essay list to secure introduction business plan essay.

Before the bank failures of the s, capital funds were readily available to small business people and prospective entrepreneurs. This is due mostly from consumer savings in liquid investments. The SBA received a new influx of bksiness, however, the demands are high because of the growing economy. Small business owners appreciate the efforts of the Urban League to offer opportunities and introduction business plan essay for small business loans.

With respect to this, Josh Benson has high hopes that his introduction business plan essay operations will commence in the shortest possible time. Calypso Cafe will be a sole proprietor ownership so that it can be content with the limited startup capital. Reinvestment will be the backbone of this business after start-up. Reinvestment will also ensure a smooth transition of its incorporation in the future. In the initial stages, this business can not exist independent of its owner.

However, the most important legal aspect of the sole proprietor type of ownership is its unlimited liability stature. Personal assets of the business owner can be seized introduction business plan essay settle claims against the business.

The owner in this case takes over all the operation aspects of the business and makes decisions as introduction business plan essay pleases. The characteristics of a small business establishment make it more comfortable and compelling to organize in this manner. Josh Benson intends for the attorney of the business to act as a consultant on business decisions that are legally connected, since the attorney presumably has the expertise necessary to handle the legal records of the business.

The management introduction business plan essay employees harvard supplement essay prompts the service busindss involves several interrelated personnel activities: The goals of this process are to obtain, develop, and retrain employees.

Calypso Cafe will employ between two or introduction business plan essay people in the future. Recruitment of retail personnel will be done through sources of potential employees from educational institution, employment agencies, employee introduction business plan essay, and from within the business when it expands.

Compensation would include direct monetary payments and as the business progressed, some introduction business plan essay payments will be paid to full-time employees. Because this is a small business, personnel will be paid a comfortable wage and possible bonuses. Total compensation plqn be fair to both the employees and the business. In the event of a difficult situation, the business banker, lawyer, insurance agent, and accountant would be consulted.

The manager would be responsible for organizing money, pricing, handling produce, equipment, and people resources. The manager will also arrange the organizational environment esday that employees can achieve their own goals by directing their efforts toward business objectives.

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Employees will be responsible to give friendly, courteous, helpful, and honest service at all times. The Calypso Cafe image will be built around the special services offered. Since the Calypso Cafe will be in its introductory stages, purchases will be paid for in cash and check only. In the future, Visa, Mastercard, Discover, and American Express will be accepted. In the future, charge accounts will also apply to contract agreements for food services at organized functions.

Credit policy requires the establishment of the major policy variables introduction business plan essay hire college essay writer accounts receivable will be managed.

These variables include deciding to whom credit should be extended, the length of time allowed for payment of invoices, and whether discounts will be offered for prompt payment.

It is also possible to use accounts receivable as collateral for introduction business plan essay short-term loan. It is even possible, under an arrangement known as factoring, to sell accounts receivable as a discount to a commercial bank or a commercial factor.

This type of arrangement relieves the business of needing to introduction business plan essay additional credit policy decisions. Once the policy factoring is established, the factor will dictate credit terms.

The final working capital policy issue deals with the establishment of an account payable payment policy. Suppliers commonly offer discounts on accounts payable to induce prompt payment by customer.

The first concern is cost and availability of money. The cost of missing the discount can be translated easily into an approximate annual percentage rate of interest: Once introduction business plan essay discount is missed, payments should be delayed until the latest allowable payment date. As a general rule, a business should not make an early payment after the discount is missed, or if there is no discount. Calypso Cafe will pay their payable promptly and take discounts even though the discounts are not particularly attractive strictly on a cost basis.

Attaining dreams requires new behavior, and new solving right triangles practice problems involves taking risks. Lenders need assurance that a person is committed to their dream.

The introduction business plan essay of Calypso Cafe will be risking some of his personal money and assets, reputation, and time. There is total commitment to this dream.

From the perspective of a lender or investor, introduction business plan essay a new business always carries more risk than lending to or investing in an established enterprise.

Many uncertainties vanish as the business establishes a track record. Most businesses take three years to generate enough ongoing income for a living wage. During those three years, personal living expenses, as well as equity capital for the business must come from introduction business plan essay owner. To prevent bad debts, cash only will be used for purchases. The store will have hidden cameras to protect employees, clients, introduction business plan essay the property.

The manager and other employees will be trained to spot criminals, and verification will be made on all payments made with checks. Management must also consider the risk that the business must assume in its business affairs. Economic theory and common sense both argue that a dollar of risky profit is less valuable than a dollar of certain profit.

The two general categories of risk management must contend with business risk and introduction business plan essay risk, business risk being risk imposed by the business and economic environment. Financial risk is risk imposed by the manner in which the firm is financed.

There are no set rules of regulation that will guarantee success. Calypso Cafe is a planned multicultural restaurant. It will be one of a kind introduction business plan essay the area with no direct competition. The owner, Josh Benson, has well established, practical experience in this business. The market survey and strategy promise strong success of this business venture. Food from this restaurant will be prepared mainly with fresh food products.

The form of ownership for this restaurant will be a sole proprietorship. The owner will be in introduction business plan essay of all business operations, including public relations. Initially, the owner will have three employees and an independent buyer working with him. The owner plans to finance this restaurant through family savings and the Micro-Loan Program.

Further financing is intended to come from reinvestment of earnings. The owner is confident that the restaurant will be a successful business venture with prospects of future franchises. Encyclopedia Encyclopedia of Small Business Encyclopedia of Business Encyclopedia of American Industries Encyclopedia of Management Other Business Plans Trademark Encyclopedia History Business Biographies Company Histories Company Histories Part 2 Leading American Businesses Forum.

Home Business Plans Handbook Business Plans - Volume 06 Caribbean Cafe Business Plan Business Plan Caribbean Cafe BUSINESS PLAN. INTRODUCTION This business introduction business plan essay is for Calypso Cafe, owned and operated by Josh Benson. OBJECTIVE Seeking to use my professional experience and proven skills in cooking. Line Cook and Kitchen Manager at Burger Boy Restaurant, Fort Wayne, IN Cook at Burger King Restaurant, Fort Wayne, IN Waiter at Cyprus Inn, Fort Wayne, IN Waiter at My Place Restaurant, Fort Wayne, IN Waiter in fine dining at Blue Waters Resort, Kingston Harbor, Jamaica—Overcame Hurricane Gilbert and managed tourists during the disaster, entertained during Staff Community service essay template Night Waiter introduction business plan essay fine dining at the Wonder Island Hotel, Kingston Assignment and assumption of proprietary lease, Jamaica.

Certificate in Catering from Kingston Harbor Catering School Diploma from Kingston Harbor High School. ADDITIONAL INFORMATION High Honors: PERSONAL Married, have resided in Fort Wayne for 6 years, good health, commended for being a very congenial person. MARKET SURVEY The city of Fort Wayne is one of the largest in Indiana, with a population of approximatelyMARKETING PLAN The indirect competition and advantages of Calypso Cafe over other fast food restaurants pre algebra homework practice workbook answers the area are as follows: JAMAICA SOUP OF THE DAY.

LOCATION SITE ANALYSIS The restaurant will be located in one of the popular zoning business areas of south central Fort Wayne. PROPOSED PROFIT Josh will set goals that are consistent with his interests, values, and talents. SOURCE OF FINANCING Calypso Cafe will be financed initially through combined savings of the owner, his friends and family, public offering, the Micro-Loan program Small Business Administrationcommercial banks, trade credit, and free bookkeeping business plan extended by equipment vendors.

An Introduction to Business Plans

TYPE OF OWNERSHIP Calypso Cafe will be a sole proprietor ownership so that it can be content with the limited startup capital. HUMAN RESOURCE MANAGEMENT The management of employees in the service industry involves several interrelated personnel activities: CREDIT POLICY Since the Calypso Cafe will be in its introductory stages, purchases will be paid for in cash and check only.

RISK MANAGEMENT Attaining dreams requires new behavior, and new behavior involves taking risks. FINANCIAL INFORMATION The following personal information is relevant as of October 31, SUMMARY Calypso Cafe is a planned multicultural restaurant.

Comment about this article, ask questions, or add new information about this topic: Show my email publicly. Type the code shown: Bridal Salon Business Plan Chiropractic Office Financial Plan and Marketing Strategy.

Jamaica Seasoned Chicken Breast Sandwich with introduction business plan essay. All omelettes are health smart and cooked with secret Jamaican seasonings Soda - Coke, Diet Coke, Cherry Coke, Sprite, Orange.

All dinners served with Jamaica fried dumplings and seasoned rice or mixed vegetables

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