Strategic Analysis with current research! The Company was founded by John Doe. The business will generate highly recurring streams of revenue from both businesses and residences that use the Waste Management business for their refuse removal needs.
Strategic Analysis with current research! The Catering Business, Inc.
The Company was founded in by John Doe. The focus of the cuisine is French and American. Doe will serve as the executive chef for the business. At this time, Mr. Doe is seeking to develop relationships with several event planners, banquet halls, and other venues so that the Catering Business can become the preferred provider of catering services for events.
The third section of the business plan will further describe the services offered by the Catering Business.
The interest rate and loan agreement are to be further discussed during negotiation. Doe has more than 10 years of experience in the food service industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of turnaround business plan sample.
Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years. Doe intends to implement marketing campaigns that will effectively target individuals and event planners within the target market.
The Company is registered as a corporation in the State of New York. Below is a breakdown of how these funds will be used: Doe is not seeking an investment from a third party at this time.
Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Catering Business.
Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings. Doe will serve as the executive chef of the business, and he will provide all recipes for catered products. The focus of catered products will feature a French-American theme.
Prior to each event, the Owner will sit with the prospective client to determine their wants and needs for each event. Currently, the economic market condition in the United States is in recession.
This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. Many economists expect that this recession will continue until mid, at which point the economy will begin a prolonged recovery period.
In this section, you can also put demographic information about your target market including population size, income demographics, level of education, etc. The key to writing a strong competitive analysis is that you do your research on the local competition.
Find out who your competitors are by searching online directories and searching in your local Yellow Pages. Below is an overview of the marketing strategies and objectives of the Catering Business. Doe intends on using a number of marketing strategies that will allow the Catering Business to easily target men and women who are hosting events within the target market.
These strategies include traditional print advertisements and ads placed on search engines on the Internet. Below is a description of how the business intends to market its services to the general public. The Catering Businesses will also use an internet based strategy.
This is very important as many people seeking local services, such as caterers, now the Internet to conduct their preliminary searches. Doe will register the Catering Business with online portals so that potential customers can easily reach the business.
The Company will also develop its own online website. The Company will maintain a sizable amount of print and traditional advertising methods within local markets to promote the catering and food preparation that the Company is selling.
The business will also partner with event planners that will send referrals to the catering business. In this section, you should expand on how you intend to implement your marketing. List publications, local newspapers, radio, and other outlets that you will use to promote your business.Fill out the form to download your FREE sample newsletter issue.
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