Question
You are a restaurant consultant/entrepreneur and you are assigned by a group of investors to conduct a market research in your hometown/city in order to
You are a restaurant consultant/entrepreneur and you are assigned by a group of investors to conduct a market research in your hometown/city in order to decide whether they will launch a new restaurant or not in the city you live and work. You must convince them invest in your city. Please prepare a presentation, but make sure you include all of the following points. This will help you understand the main procedure that someone needs to follow and apply before of a new restaurant business start-up. Please provide:
- A presentation (15-20 slights) - Include the market research results on the presentation (questionnaire in order to conduct your pilot research (5-7 close-ended questions), target market, marketing etc)
- Decide about the restaurant classification and explain why you suggest that classification
- Analyse community's culture, demand in order to show the current market lacks in relation to a restaurant
- Provide financial tables including the possible expenses, profit and revenue - List the necessary equipment that a restaurant need - Prepare a menu
- Use in-text citation in order to support your discussion/documents - Use pictures - Conclusion and recommendations
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