Question
Please answer on the basis of New restaurant business. a. Review and revise the outline of your business plan to incorporate all elements that you
Please answer on the basis of New restaurant business.
a. Review and revise the outline of your business plan to incorporate all elements that you wish to include | /15 |
b. Using the papers and plans you have prepared earlier in the course, demonstrate how you will pull them together in your Final Business Plan. | /15 |
c. Identify and research those areas from your outline that were not covered in earlier papers | /20 |
d. Synthesize your research into a narrative of your business plan | /25 |
e. Summarize your paper in a 2-3 page executive summary | /10 |
f. Demonstrate good organization, including a strong introduction and conclusion. |
Here is my last work you can read before answering the above questions:
Introduction:
Starting a Restaurant is a challenging, but an exciting experience. It is a type of business which is entirely different from other businesses. They are fast businesses which are happening all the time, unconditionally.
Present day customers, not only reprimand us on the spot, even for our minute defaults, they will also post negative reviews against our business in the social medias via internet which will result far reaching consequences for our dream project even for a life time.
Creative processes in business idea generation:
Following are the business ideas which can be implemented for creating a successful business environment, especially restaurant related activities.
Social Media Marketing
Have a proper pricing strategy-
Use of material marketing
A Restaurant App can be developed
e-commerce opportunities:
- E-commerce is an online virtual sales area where in customers meet sellers and complete the transaction of buying products or service.
- There are many options of tapping for additional customers through e-commerce by creating an online order portal for ones products
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Differentiates between ideas and actual opportunities:
As we all know that food trucks have gained immense popularity. The investment is smaller, and the benefit earned would be very impressive if you can continue to run the truck well.
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New business ideas by conducting an opportunity assessment:
Opportunities, on the other hand, are something that will contribute to a desirable and sustainable market (ideas, situations, circumstances). They may originate from an idea or may not.
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Conclusion:
Overall, I want to say that we can't rely upon repeat customers, so we'll have to keep our showcasing endeavors up to ensure our income stream doesn't disperse. We need to build up a solid web-based media presence, attempt an advertisement in your nearby paper, partake in the neighborhood reasonable, or have a little non-benefit get together at your caf to continue to showcase your business.
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