Once this location is the owner will have to go to the bank for financing. There are bakeries and cafe’s everywhere so the owner will have to convince the bank why this will be successful. * Not only will the potential owner have to determine how much money he or she will need to start the venture but also convince the bank that he or she is passionate about making the venture work. After the financing has been approved and the leasing of the building has been done, determining how to get the business up and running is next. The bakery will be small to start out with but will make the bread and pastries fresh every day so there will have to be restaurant operational ovens, mixers, refrigerators, and other miscellaneous equipment that a kitchen will need. Additionally there will need to be commercial coffee pots to hold the different coffees that will be sold. There will need to be two pastry chefs hired along with two front counter people to take care of the front of the store along with handling customers. The demographics of the building will on 21st avenue in Nashville, Tennessee which is the home of Vanderbilt University and Belmont University that are located in a two-mile radius of 21st avenue. Demographically this is a good choice because of the many college students who frequent bakeries and coffee houses. Free WI-FI will be offered also. Marketing will include printing flyers and giving out to people as they walk past on the street that discusses the restaurant and offers a discount to the first 50 customers to come in the door.
The Business plan on Coffee and Starbucks
Because of the tight supply and growing demand, evident from strong revenue growth, of coffee beans, all of the demand is not being met. Thus, the goal of this project is to find an alternative method for 100% of the demand to be distributed and supplied. The Current Situation Demand Starbucks coffee, which maintains 4. 5% of the US market share for coffee, is expected to see an increase in per ...
Advertising in the local business directory will also be done. * The current business that is being used as a benchmark is Provence Bread and Cafe in Nashville Tennessee. The owner has spent much time in the south of France and opened this restaurant with the desire to recreate the unique flavors of the coffee and pastries that he has experienced while using as many local ingredients as possible (Provence breads and cafe).
* To date there are three Provence Bread and Cafe’s all in the Nashville area. The demographics of the restaurants were carefully chosen attract the most customers.
The first location of Provence Bread and Cafe is in the downtown Nashville Library that a steady flow of customers throughout the year, there is a location on 21st avenue in Nashville that is a convenient place for college students to eat. There breads and pastries are also offered in Iris’s cafe is on the Vanderbilt University campus another attraction for college students. * The difference between this genuine business and the conceptual business is the financing of this business was by a group of financiers that wanted to open a bakery that specializes in artisan breads and pastries and fine coffees from different countries.
Whereas with the conceptual business went to a bank for financing. * No matter what the type of financing a business uses the goal of a business is to make money. This is necessary to make the business successful and to make it possible to repay the financing whatever type was used. * * * * * (Provence breads and cafe) * References * Provence breads and cafe. (2013. ).
Retrieved from http://www. provencebreads. com/wordpress/ * * * *
