Business Plan Essay Example | Topics and Well Written Essays - 3000 words

care Plan - Essay ExampleThe swear outs to be offered impart be of high quality as well. Food served provide be in accordance with the health code so as to mark off good health for our esteemed customers. The main target customers of the traffic will be the young pack especially those in college. About two to three employees will be hired to assist in offering services. The cart will be moving around the street to places where there are to a greater extent customers in order to maximize sales and revenue simultaneously. The business is expected to grow steadily in the foreseeable future. More meal carts will be opened in the future as a strategic growth. Marketing will be done through the cheapest methods so as to minimize subprogram costs. The mission of the business will be to provide high quality foods at a minor price and acquire steady growth. Introduction A business plan is a document that states the goals and objectives of a business that is about to send-off. It als o states how the goals are to be achieved and the strategy which are to be applied. In addition, the business plan states how the business will be financed as well as how the initial set up of the business will be. It can also show the cash flow forecast for the first hardly a(prenominal) financial years. This article represents a business plan for a meal cart that is about to start at Cambridge, Grand Arcade. 2. ... The business has a long term plan of opening several service centres within Grand Arcade. The business will concentrate more on fast foods since this is what most commonwealth manage. The business will be a sole proprietor but will have a number of workers who will assist in service delivery. I will be the sole possessor of the business. I have experience in business management and therefore I have the cogency to prepare budget and business cash flows. I will also take the role of clerking and overseeing all the activities of the business. Classy foods meal cart w ill create a strong brand arrive at within the town and thrive to get a large share of the market (Hormozi et al. 2002). The business will concentrate more on fast foods since these are the once that have a comparatively high demand in the city. Many people who dwell in the urban centres prefer fast foods for lunch. In addition, fast foods do not require much capital to start off. The main customer targets will be the young people. This makes fast foods choice a viable idea. Many young people like eating snacks, hotdogs and ice creams among different types of fast foods. The business will also be selling other types of foods. However, these will not be part of the major products. The business will ensure that it satisfies all groups of customers- young, oldish and kids. 2.1 Location The localization of function of the business is very important for its competitive advantage. It should be located in a site where it is visible to the potential customers. A meal cart has an advant age in terms of location since it is mobile and it can move to where customers are. Classy Foods Meal Cart will be operating on the major highways of Cambridge but will be centred at Grand Arcade. Most of its operations will be along Victoria Avenue,