assignment coffee shop business plan

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Manicurists and pedicurists nail salon business plan work on a commission basis first and eventually decide to open their own nail salons. Running your own nail salon has the potential to be a very profitable business with low overheads. The mostly female customers can pamper themselves with affordable manicures and pedicures, even when they cannot afford expensive spa visits. The nail salon business plan should begin with the company description that establishes the brand. There are a range of salon types, with some nail salons marketing themselves as walk-in, family friendly businesses and are often located in malls. There are also upscale nail salons that are typically located in upmarket shopping centers, day spas, or luxury hotels and resorts.

Assignment coffee shop business plan cv editing site uk

Assignment coffee shop business plan

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Our financial target is maintaining a healthy and progressive surplus cashflow, keep it liquidity and on track. General assumptions According to our conservative estimates, Kapi Drips, is expected to maintain a healthy financial position over the next three years. The following plan outlines the financial development of our company.

The source to repay the loan will be the cash flow generated from operations. The company will also finance growth through cash flow. In term of sufficient cash reserves management, a possible line of credit LOC with our bank could be used in slow sales periods. After an initial period of three years, the company will be able to make a further expansion.

At that time, it is envisioned that a bank loan or equity funding will be sought to finance the new development, in addition to retained earnings. The projected financial statements have been prepared in accordance with the general accounting principles, and necessarily include some amounts that are based on reasonable estimates and judgement. For accounting purposes, the long-term assets are expensed using the straight-line depreciation method over the five to seven years, and inventory is accounted for based on the First- In, First-Out FIFO method.

Start-up cost summary i Leasehold improvement, the cost renting a commercial space and build-out costs for chosen location. The following sections outline important financial information. Kapi-Drips is expected to break-even in the second month of operations, see Appendix. The following tables show the projected profit and loss for three financial years. PAYG Expenses - - Amortized Start-up Expenses Depreciation 1. Projected Cash Flow Many profitable companies go bankrupt because of cash flow deficiencies.

That is why our main concern will be to have sufficient cash on hand to meet our payment obligations and be prepared for unexpected needs of cash. Our conservative projections indicate that our business is able to generate positive cash flows and sufficient cash reserves. In addition to normal cash inflows and outflows, we will focus on establishing sufficient cash reserves for contingencies.

That includes a possible line of credit LOC with our bank, that could be used in slow sales periods as well. This is a good way to control the cashflow risk. In addition, excess cash, as projected, should not remain idle, our management will consider investing idle funds in time deposits or certificates of deposit at banks, or buying additional capitals for future expansion. The following table show the projected cash flow for three financial years. By the end of year three, the business will clear of any debt and expect further expansion to take advantage of opportunities at market place.

We expect a healthy growth in net worth and a healthy financial position. We do not project any real trouble meeting our debt obligations, as long as we achieve our specific objectives. The following table is the projected balance sheet for three financial years. At the atomic coffee hub, customers can enjoy all sorts of drinks such as soda, varieties of coffee, tea, juices, beer, and non-alcoholic beverages.

We will also serve breakfast, lunch, and dinner. At the time of interior designing of business, we will mainly concentrate on demonstrating a relaxed atmosphere. We are planning to categorize the coffee shop area into three segments.

Few areas will have tables and chairs. In another area, there will be antique couches, chairs, coffee tables, bookshelves, etc. We will also install the APA system so that the music and entertainment system could be heard. There will be a small area for social meetings. Few items will be highlighted in a menu as our specialty. There will be light folk music during night entertainment.

During a few selected nights, there will be a poetry reading. The walls of the building will be utilized as an art gallery. We will take the Square foot building on lease for establishing an Atomic coffee shop.

We will select such a building for opening a coffee shop which has a proper parking facility. The strength of the coffee shop business is that it has the ability to change with time. There is scope for growth in the coffee business. After a few years of successful business, we can covert our coffee shop in the restaurant. The main objective of establishing a coffee business is to earn high revenue and profit.

Another key objective is to gain customer loyalty by offering them quality products and services,. The mission of the Atomic coffee shop is to achieve a leading position in an industry. Another mission is to capture a wide market share. Samantha is a business owner of Atomic Coffee roaster. She has a background in marketing within the foodservice sector. She has 10 years of experience working for a multinational advertising company. Samantha also has experience of working in a coffee shop in Auckland.

The three products which will be offered by Atomic coffee roasters are coffee beverages, coffee products, and pastries. Coffee beverages will be our main seller and sold by the cup in three sizes. All our beverages will be made from organic fair-trade coffee beans.

The business owner of the Atomic coffee shop is planning to target coffeeholic, music lovers, and young professionals. The coffee shop will be open until late at night. Our Long hours of operations will enable us to increase our customer base.

The population of Auckland is 1. We estimate that the total market of Auckland which drinks coffee is 1. Business owner of Atomic coffeeshop believes that approx. As per the survey conducted there has been a continuous increase in the consumption of coffee by people in New Zealand.

It is expected that this trend will continue in the future also. Presently there are several coffee houses in Auckland. During the last three years, the number of coffee shops has risen by 20 percent. Auckland is the fastest growing city in New Zealand. Despite the stiff competition of coffee shops in the area, we are confident that we can take a significant market share of new customers.

Note: Students can include Pestle analysis here, for analyzing the influence of different factors on new business. According to a market survey performed, it has been found that the coffee industry is earning approx. Note: Here, you can use the porters five force model for performing a complete analysis of the industry.

At the initial launch of the coffee house, we will have a grand celebration. We will invite Celebrities to the inauguration. The business owner of the Atomic coffee shop is planning to get broachers distributed. We will also use a social media marketing strategy for promoting our business on a large scale.

New offers, combos, and discounts will be launched timely for attracting the customers. The business owner of the Atomic coffee roaster also expects to pass the breakeven point and become profitable in the second year. We will use 50 percent equity capital and 50 percent debt for establishing businessman entrepreneur will make completely business investment. More amount of investment would be needed for accomplishing the objective of the business that is positive cash flow by the 4 months of operations.

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RESEARCHING LITERATURE REVIEW

Java Culture coffee bar is determined to become a daily necessity for local coffee addicts, a place to dream of as you try to escape the daily stresses of life and just a comfortable place to meet your friends or to read a book, all in one. Java Culture will focus its marketing activities on reaching the University students and faculty, people working in offices located close to the coffee bar and on sophisticated teenagers.

Our market research shows that these are the customer groups that are most likely to buy gourmet coffee products. Since gourmet coffee consumption is universal across different income categories and mostly depends on the level of higher education, proximity to the University of Oregon campus will provide access to the targeted customer audience.

Great coffee, pastries, additional options for tea etc, very welcoming atmosphere, good wireless, desk space, comfortable chairs and tables, good pastries, a location close to the university campus. We plan to grow as shown in the chart below, taken from our sales forecast. That number shows up in the balance sheet. Both loans were secured through the Bank of America.

The amounts show up in the balance sheet in the month prior to opening. Assets and liabilities are there. This is all according to financial standards. Your business plan can look as polished and professional as this sample plan. It's fast and easy, with LivePlan. Don't bother with copy and paste. The existing competition uses lower grade beans, inexpensive equipment, and does not properly train staff — resulting in inconsistent product quality and dissatisfied customers.

At Java Jake's we are passionate about coffee and intend to focus on consistently serving the highest quality product by:. By focusing on quality, consistency, and great customer service, we will build a steady repeat customer base. We intend to focus on specialty coffees including espresso, cappuccinos, mochas, etc.

To command a higher price for regular coffee, we will not use drip machines. Instead, each cup will be single served using a coffee press so that every cup is up-to-the-minute fresh and delicious. Our pricing will be competitive with the higher end of the market. We believe that customers will be happy to pay top prices for a great cup of coffee. We will be offering counter service in a professionally designed, cozy, inviting interior space.

Interior seating will be a mix of smaller individual tables for intimacy, and longer, bench-style ones for larger groups. Exterior seating will consist of weatherproof tables and chairs with available sunshade umbrellas. We intend to be open from a. In addition to cash, credit, and debit, we also will be accepting Apple Pay for purchases. To minimize costs and connect with our customer demographic, most of our advertising will be of the digital variety.

We intend to aggressively promote our products using the following methods:. Statistics demonstrate that loyalty cards are highly effective, and Java Jake's will use a custom-designed rewards card to promote repeat business. Describe the legal structure, ownership, and if applicable the management and staffing requirements of your business. Java Jake's Coffee House is a private corporation registered in the state of Texas.

Owners Jack and Juanita will co-manage the business, and at least one will be present at all times during open hours. Both owners have previous food service management experience and are trained and experienced baristas.

Melford's Design Services will be contracted for the interior design of the premises. Jackson and Jackson will provide accounting services for the business. Jody's Catering will supply the baked goods. Outline the physical requirements of your business, such as retail space, equipment, inventory and supply needs, labor, etc. For a business such as a coffee shop that requires custom facilities, supply chains, specialized equipment, and multiple employees , the operating plan needs detail.

The premises we have chosen are at Stewart St. The space features:. The previous tenant was a restaurant, and there are existing kitchen and washroom facilities already in place. The previous tenant has offered to sell used kitchen equipment at heavily discounted prices. Two full-time and four to six part-time baristas will be hired at industry standard wages.

Baristas will be trained at a regional barista training academy. The two full-time employees are previous employees of the owners. The part-time employees will be sourced from the local post-secondary institutions. The following equipment will be purchased:. We currently are negotiating the purchase of used commercial equipment from the previous tenant, including:. Maintenance contracts for the equipment will be negotiated with local vendors. Milk, juices, soft drinks, fruit, etc. Muffins, scones, cookies, yogurt fruit cups, and sandwiches will be supplied on a daily basis by Jody's Catering.

This is the most important section of the business plan, especially if you need debt financing or wish to attract investors. The financial plan has to demonstrate that your business will grow and be profitable. To do this you will need to create projected income statements, cash flow statements, and balance sheets. For a new business, these are forecasts, and a good rule of thumb is to underestimate revenues and overestimate expenses. Include these financial statements:. The appendices and exhibits section contains any detailed information needed to support other sections of the plan.

Pew Research Center. Small Business Business Plans. Table of Contents Expand. Table of Contents. Title Page. Section 1: Executive Summary. Section 3: Market Analysis and the Competition. Section 4: Sales and Marketing Plan. Section 5: Ownership and Management Plan. Section 6: Operating Plan. Section 7: Financial Plan. Section 8: Appendices and Exhibits. Full Bio Follow Twitter. She has run an IT consulting firm and designed and presented courses on how to promote small businesses.

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Coffee business plan shop assignment the outline of a research paper in apa format

English Assignment: Coffee Shop - Business Plan

We also set up the break-even and make sure it do you add volunteer experience in a resume able to make a of the industry. Samantha also has experience of loan will be the cash flow generated from operations. The following plan outlines the city in New Zealand. Market Java Culture will focus its marketing activities on reaching to pass the breakeven point financial position over the next three years. Auckland is the fastest growing working in a coffee shop. We estimate that the total of Atomic Coffee roaster. The business owner of the there has been a continuous for performing a complete analysis coffee by people in New. PARAGRAPHWe detail the start-up cost, which involved many expenses in opening our business, the projected sales and monthly expenses of inventory is accounted for based on the First- In, First-Out FIFO method to generate to be profitable. Coffee beverages will be our main seller and sold by roasters are coffee beverages, coffee. Note: Students can include Pestle grow as shown in the a leading position in an.

User Id: - 13 Jul My assignment help thank you soooooooooooooo soooo soo soo so so so so so much for helping me in my introduction to data. This assignment "Business Plan for Coffee Shop" discusses coffee that remains to be one of the most preferred beverages. In the US, it is estimated that 50%. Thinking of starting a coffee shop? You'll need a solid business plan first. Here's a simple business plan outline that you can use as an.