Wednesday, May 6, 2020
Business Proposal Business Plan - 1462 Words
Business Proposal 1. Executive summary The company will be incorporated in September 2015. We want to establish a canteen that is located at 19 Kitchener Drive in Darwin city. This is a middle-sized restaurant that serves and provides healthy contemporary style food. The location will be just outside the Charles Darwin University Business School and close to a dense population of Waterfront Precinct. The CDU Waterfront Campus was opened at the beginning of 2015 and there is an estimated student population of up to 600 students when at capacity, which will have a huge impact on the numbers in the Waterfront on a daily basis. However, the food price in Waterfront Precinct is relatively expensive and not affordable for most of the students. Moreover, it takes a long time to wait for serving the meal. Compared to competitive restaurants, we plan to provide cheap and fast food. In addition, we want to supply a variety of food from Asia, Europe, America as well as local food because most of students in business school are inter national students. We are currently financing a sum of start-up capital ($ 200,000) which will be used to purchase restaurant furnichure and decorate. According to the budget, the payback period is short which is about five months to recover costs. There is a conservative estimate of $250,000 net profit in the first year, and the risk of this project is low. 2. Project structure 2.1 Target consumer Students and staff of Charles Darwin University are ourShow MoreRelatedBusiness Plan Proposal5013 Words à |à 20 PagesBusiness Plan Proposal Introduction The development of start-ups is an important business activity that requires effort, time, and financial resources. 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Give anRead MoreWhat I Learned From Imran Hussein1910 Words à |à 8 PagesIntroduction Usually authors refers to business plan usage as a documentation, a funding proposal for start-ups or in an established business projects, as a part of approval process of a collective decision making for (loans or source of capital justification) or an operational management tool (Stutely,2007). Others like Kuratko (2009) emphasised on business plan importance as it is the road map for entrepreneurs in their proposed ventures. 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Work through the sections in any order that you want, except for the Executive Summary, which should be done last. Skip any questions that do not apply to your type of business. When you are finished writing your first draft, youââ¬â¢ll have a collection of small essays
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