Business Plan for 7 Spices Vegan Restaurant

Business plan

Table of Contents
Introduction...........................................................................................................................................3
An overview of your proposed business idea....................................................................................3
An evaluation of the external environment (PEST)............................................................................4
A discussion on competition and overview of competitive advantage..................................................6
A suggestion for the proposed target market....................................................................................7
CONCLUSION.........................................................................................................................................8
References.............................................................................................................................................9

Introduction
Starting a business requires entrepreneurs to take into account certain fundamentals
of marketing so that there will be a functional applicability in understanding the rapid
course of the time. It can be said that ascertaining viability propose the business idea and it
is quiet important for all the entrepreneurs to have effectiveness in a rapid course of time.
In relation with the business idea is quiet important for all the entrepreneurs (Charter,
2017). The present project is based upon 7 Spices which is an entrepreneurial venture that
is being launched with the concept of vegan dishes. The new venture is quiet effective
launched within the confines of Mayfair area of London. The major objective helps in
gaining the knowledge and influences the business venture. Further, it consists of
competitive analysis and recommendations for target market.
Marketing plan
It is a part of the overall businesses. The marketing strategy which has been quiet solid
is a core foundation of a well-written and well established marketing plan so that the goals
can be possibly achieved. A systematic marketing plan contains a specific list of actions,
strategic foundations and a use of business. A marketing plan is reflected out to be the
comprehension document which can easily outlines the marketing as well as advertising
efforts for the coming year. It describes a suitability of the marketing objectives within a set
of time frame. A marketing plan is one of the descriptions of the current marketing position
in which there is a description of target market and the marketing mix which simply useful
in achieving the marketing goals (Chibili, 2019). The marketing plan gives and reflective and
an effective idea on the basis of framing of the work structure and effective incarnation.
Also, it can be suggested that the process including in the marketing plan seems out to be
reflective and an effective prostitutical situations.
An overview of your proposed business idea
The new job launched in the United Kingdom is a vegan restaurant. It refers to the
restaurant which has the most useful and prosperous need for the people in London on the
basis of reflecting the healthy and prosperous lifestyle. One of the case study based on
London showcases the larger portion of the audience which have been greatly affected by
the obesity and diabetes. Hence, the market gap is systematically reflected the healthy