also offer unique coffee products like café espresso con pan W r i t i n g

also offer unique coffee products like café espresso con pan W r i t i n g

At this point in the course, you have completed all the necessary sections of your business plan. Your task in this assignment is to create the final version of your plan. You will include all the previous assignments you have been working on and attach the financials.

The key to this assignment is to use the feedback you have received throughout the course to polish your plan to the point that you could confidently show it to investors and potential partners or customers. One new piece you will be including is a 1–2 page executive summary.

This assignment consists of two parts:

  1. Your final business plan (an MS Word document).
  2. Your final business plan financials (using the Business Plan Financials Excel Template).

To successfully complete this assignment, you must attach both documents to the submission area as separate files and then click Submit.

Reminders and Notes
  • Your company, whether a startup company of your choosing or based on the snack food company scenario, will operate in a 100-mile radius from your home address. Your goal is to reach $1 million in sales by the end of the second year.
  • Be sure to follow the guidelines, whether you chose the snack food company scenario or the company of your choice:
    • Snack Food Company Guidelines [PDF].
    • Company of Your Choice Guidelines [PDF].Part 1: Business Plan—Final
      Notes

      • The executive summary is a critical aspect of this assignment. Your ability to condense and highlight critical information about your chosen company to investors will determine whether they decide to invest in you and your company or not.
      • Chapter 4, “The Executive Summary,” pages 53–66, provides information about writing the executive summary. You may write either a synopsis or a narrative summary. Pay particular attention to the following:
        • Executive Summary Plan Preparation Forms on pages 58–61.
        • Sample Plans on pages 62–66.
      • Instructions
        In MS Word, construct a 10–20 page business plan in which you:
      1. Write a 1–2 page executive summary highlighting key aspects of each section of the business plan.
      2. Incorporate feedback to produce a comprehensive business plan for the product or business. Specifically, you will be combining all of the previous assignments and revising them to build your business plan:
        • Week 3 Assignment: Company Overview and SWOT Matrix.
          • Be sure to include all the headings from the assignment.
        • Week 5 Assignment: Marketing Plan and Budget.
          • Be sure to include all the headings from the assignment; the budget part of this assignment will be addressed in Section 2.
        • Week 8 Assignment: Operations, Technology, Management and Organization, and Social Responsibility Plan (With Financials).
          • Be sure to include all the headings from this assignment; the financials part of this assignment will be addressed in Part 2.
        • The written section of the financials from the Week 8 discussion thread.
          • Be sure to include any financial information that will help to convince the investors.Part 2: Business Plan Financials—Final
            Using the Business Plan Financials Excel Template, incorporate feedback from previous submissions to produce a comprehensive set of business plan financials the business’s first two years.
          • Be sure to refer to the appropriate guidelines for valuable information about how to complete the business plan financials section of your assignment:
          • Snack Food Company Guidelines [PDF].
          • Company of Your Choice Guidelines [PDF].
          • Specifically, you will want review and make sure you’ve thoroughly incorporated feedback you received from:
          • Weeks 7 and 8 discussion threads.
          • Part 2 of the Operations, Technology, Management and Organization, and Social Responsibility Plan (With Financials).
          • Learning Outcomes
            The specific course learning outcome associated with this assignment is:
          • Construct a business plan with an executive summary that justifies a clear concept, a management structure, a market need, competitive advantages, and financial projections.

week 8 discussion

This business will be operating under the personal building to save the cost of renting a room (Persistence Market Research, 2021). The building in which the business will be operated is amid Washington DC, this location is selected because it is highly populated, in addition to such a huge population and according to the research which was done recently by our technical staff, the huge population has got a lot of consumers (Persistence Market Research, 2021). Our mode of operation will be five days every week which in each day we will be operating for 9 to 10 hours. At the beginning of our operation, this business will function both as a place where processing is done and ordering of some quality services can be done. In addition to such wonderful activities, various logistics activities will be done in these buildings.

In terms of our operation task, it is on a large scale with a huge number of employees who perform different tasks at their disposal, this covers the entire cooking tasks like processing of various kinds of food (Persistence Market Research, 2021). This is because we as a business will be very happy to see every customer of ours leaving while happy because of the kind of service he or she has received from our side. Therefore we will have to employ qualified personnel.

In the process of operation, we will have to depend on some supportive factors like electricity, water, and sewerage among others. It will have to cost us some amount every month. The cost of some of the services will have to go as follows, water will cost $30, electricity $50 and waste disposal will have to cost around $20.

The first activity to take place will be to receive various raw materials which will be very helpful in our operations, such raw materials will have to include things like drinks, flour, vegetable, fruits among others (Persistence Market Research, 2021). These suppliers once bring their goods to the company every Monday will have to wait for their payment every Friday after their materials have been used.

For the production of food to take place, the order will be made by the client and it is estimated to be around 2 tons on some low-income days and up to 13 tones on some high income or successful days, and these tons will be distributed to customers daily and according to their wants and needs (Persistence Market Research, 2021). Because our main aim is to meet the high-quality requirements needed, we have to place some qualification requirements upon every individual who wants to work with us.

Since we deal with raw materials, our city of operation is fertile and has got what is needed by our company, most of our suppliers come from the local (Persistence Market Research, 2021). These suppliers are known to be providing the company with high-quality, fresh farm produce which highly contributes to customer satisfaction. Therefore are always recommended.

For the business to conduct its operations according to the set guidelines and try to match the world best, it will employ the technical staff who will be conducting the research and contributing highly to the development of the company. Too, the company will have to set aside some lab where the various tests on food and raw materials can be done before they are approved for use.

References

Persistence Market Research. (2021). Food Processing Ingredients Market: Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 – 2028. Persistence Market Research

SWOT analysis of Café Boomers Company

Strengths

The Café Boomers Company’s likely strengths are:

· The Café Boomers Company happens to be one of the greatest premium processors of the various fruit ingredient solutions. Café Boomers Company has strong linkages towards the various emerging markets in the industry. The Café Boomers Company has got highly intensified rates of logistics

· The boomers as a product are absolutely in one of the growing markets because of its delicacy and health benefits. Boomers have been realized to help treat lots of health complications and therefore making lots of people resorting to its consumption a great deal.

· The boomers are deeply into the niche market basically due to its ability to be consumed and its high demand by the various customers. The boomers have a very high sale since it is Very healthy and considered to be able to treat any form of illness and this is regardless of the age or the gender of the patients. Boomers have highly demanded its low market prices but it has got absolutely high-quality production.

· Some of the strengths that we bring into the Café Boomers Company are such as the concepts of unity whereby we bring and share our ideas and some of the best ways of handling the frozen fruits and thereafter realizing the best distribution channel for the same and getting to identify the most appropriate market for the product.

Weaknesses

· The Café Boomers Company has a major weakness and that is the identification of the best market of the products.

· The rate of competition in the Fruit vending markets tends to be very stiff and therefore calls for a high sense of resolution on the marketing strategies in order to come up with the best choice of events to use. Most fruit production companies really find it hard to get the best and suitable market for their products and this is mainly because of the stiff competition that we did have in the markets.

· Lack of a fully experienced management team is another great challenge affecting the Café Boomers Company since there are those individuals whom in a way or the other have no basic skills and ideas on what exactly needs to be put in place.

· Lastly is the production challenge since there are times the company might be tempted to produce the bulk of the products then end up not getting adequate and more reliable markets whereby it can deliver the produced products in the long run leading to massive losses.

Opportunities

· The Café Boomers Company has got some of the best kinds of opportunities such as the ability to interpolate and identify various kinds of markets niches and also easy access to customers whenever they are in operation. This is because of their ultimate and perfectly designed customer relations and perfect levels of marketing.

The company happens to have almost an average amount of demands and supplies in that the rates at which the customers are in high need for the boomers, this gives the company better gaps and chances to produce more products in order to avoid losses and also keep the customers and the market on toes.

Due to the company’s level of competition in the marketing niche, the larger corporations have therefore not stopped serving the smaller or niche markets that would be entered.

The new market that deals with the Boomers are rapidly emerging basically because of the demographics, immigration activities around the country and the changing tastes and preferences among others.

Threats

he biggest company threats are the ability to maintain customers and be at par with the stiff competition at hand.

There exists a very stringent market leader that is well versed with all the procurements of the Café Boomers Company and this will really be hard to displace or rather exchange with another.

Downward pricing provides pressure to the margins of making profit since;

In case there is a lower price of the products and higher quality, the demand will be increased.

In case the demand for the products gets high and the prices of the products get favorable, there is a possibility for the market to grow.

In the case of available customer flow and ready market therefore will lead to stiff competition hence a steady flow of events in the same company and its surroundings.

Company Name and its Significance

Café Boomers Company is the name of the company. To win the customers’ attention and loyalty, the company name should be impressive. Using the name stated will make it easier for the customers to grasp its name, products, and services. The word boomers will have a positive effect on the customers because they will have the urge and push to be part of the booming café. Company names normally attract customers thus the need to use a name that they can master. Additionally, individuality is a crucial component in marketing, and the name bloomers will give the impression to the customers that they are part of the booming coffee shop. It is also a good name for positive initial expression.

Product Description

Café Boomer is a coffee-selling company that offers a variety of beverages, pasta, and pastries, making it a haven for all coffee lovers. It is a coffee center where customers of all works of life can congregate, read, and even get entertainment. Other services such as music and video shows will give customers necessary entertainment while enjoying their coffee. Free Wi-Fi will also help the internet and social media lovers to enjoy their coffee while browsing their favorite sites.

I will be the major shareholder of this company with other partners being my two friends. Since the startup cost will be relatively high, I will finance three-quarters of the company cost while my two friends share the remaining quarter in the proportions of their choice. Since there are existing companies that operate within this industry, the entrance phase will be challenging. The competitiveness of the market due to product and service saturation means that we will have to take a different approach. To improve our success, we will have to partner with companies that already exist in the town so that we can share customers and referrals whenever possible. The company will also offer unique coffee products like Café Espresso Con Pan, Café Miel, and Café Latte. The mentioned beverages are rare in the selected town, and this will be an opportunity to venture into this virgin market. We will also prioritize pastries such as Strawberry Cheese, Banana Pudding, Lemon Crumb Muffins, Blueberry Muffins, and Blueberry Muffins. The ultimate goal is to provide, quality, affordable and unique products and services that meet customers’ expectations.

MISSION

“Café Boomer will boom daily for the sake of serving our customers unique coffee, pastries, and pasta. We cherish our customers and as such, our products will always be affordable, quality, and unique. With a serene and conducive environment, our customers will get to enjoy themselves and relax in our stress-free environment. We will keep growing together and walking the miles of your desires”.

VISION

To offer our customers fresh and unique coffee alongside memorable services that will create a delightful family experience across the community.

TAGLINE

“Bringing together the community through a cup of coffee and sharing pastries for a tighter relationship.

 
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