Innovative Smart Café Experience

Verified

Added on  2019/10/09

|12
|1993
|269
Report
AI Summary
The assignment content discusses the process of developing a business plan for an innovative and smart café, Javanet. The authors learned that identifying available business opportunities is crucial for success, and they applied various methods such as brainstorming and surveys to identify potential opportunities. They also learned about the importance of social and economic factors in influencing the formation of opportunities. The team formed for Javanet consisted of members with different strengths, and each member took on specific responsibilities efficiently. The authors presented their business plan to investors, focusing on key aspects such as market requirements, cost control, and profit generation. They also considered alternative scenarios and break-even analysis to ensure the overall success of the organization.

Contribute Materials

Your contribution can guide someone’s learning journey. Share your documents today.
Document Page
Business Plan

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Table of Contents
Summary of Business Idea..............................................................................................................1
Idea Initiation Process......................................................................................................................4
Team Work......................................................................................................................................5
Presentation Experience...................................................................................................................6
Alternative Scenario........................................................................................................................7
Conclusion.......................................................................................................................................8
References........................................................................................................................................9
1
Document Page
Summary of Business Idea
Javanet will be a modern café which provides a different forum for entertainment and
communication through the medium of internet. It will be able to provide high-level satisfaction
to its customers. Javanet will provide all modern facilities which customers expect from a café.
The community demands:
Easy and immediate access to the large level of available information on the internet and
different communication methods (Blank, 2013).
Access at a reasonable price they are able to pay and in such a context that they are not
economically, politically and socially isolated.
The main motive of the Javanet is to deliver the community with entertainment, social and
educational environment for global communication.
Company Description
Javanet will offer the public affordable or easy access to the internet. It will offer overall access
to Usenet, WWW, email, Telnet, FTP, Gopher and other available internet applications. Apart of
this, it will also offer customers a different and creative atmosphere for enjoying their coffee,
bakery items, and other specialty beverages. Javanet will appeal to the person of all backgrounds
and ages. The helpful staff and its guidance class offer by Javanet will request to the person that
they should change themselves as per the current and modern technology. Through this, it will
able to invite a large number of younger individuals of the community.
Company Facilities and Locations
2
Document Page
A proper place has been selected at Oak and 10th in downtown Eugene. It was selected for
different reasons such as:
Nearness to the downtown area of business.
Nearness to upscale, modern restaurants like West Brothers.
Nearness to Eugene Station.
Accessibility of large level parking facilities.
Low cost of rent-$.80 square foot for 1500 square feet.
High level visibility.
Objectives
Javanet is created for fulfilling the following objectives:
The creation of a different, high level and creative environment that will distinguish
Javanet from the other available café.
Educate the entire public on what the Internet has to provide.
Creation of a healthy environment where individuals from different groups and religions
come together.
High-quality coffee and a range of bakery items at an affordable price.
Reasonable access to the online services and other resources of the internet.
Services
Javanet provides overall access to Usenet, FTP, WWW, email and different available computer
applications like Telnet and Gopher. Scanning, printing and other introductory courses to the
3

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
internet will also offer to the customer (Bridge, 2012). It also provides a healthy and creative
environment for enjoying bakery items, specialty beverages, and great coffee.
Mission
Usage of the internet is continuously growing day by day at an exponential rate, affordable or
easy access is considered as a necessity of individual life. Javanet will provide individuals with
the capability to utilize the internet with a mug of coffee, and share their internet experiences in a
healthy environment. Individuals of different backgrounds will come together to enjoy the
educational, creative, high-level environment.
Risks
The following risks available with opening Javanet:
Will there be a requirement for the facilities provided by Javanet?
Will the usage of the internet grow in the near future?
Will the users of Javanet ready to pay for the facilities it provides?
Will the price of services offered by Javanet adequate?
Strength and Weakness of Javanet
Strengths Weaknesses
Friendly and knowledgeable staff.
Javanet will find people with a great
passion for sharing their internet
experiences and teaching.
State-of-the-art equipment. Users of
High-level dependency on quickly
changing technology.
High-level cost is involved in keeping
the state-of-the-art hardware.
4
Document Page
Javanet face easy and direct access to
state-of-the-art computer equipment.
Users will enjoy fast machines,
beautiful displays of computers, and
good quality printers.
Higher scale ambiance to its customers.
A Clear vision of the market
requirements.
Idea Initiation Process
It is considered the most fundamental process of idea generation. In this process, our basic and
primary concern were to bring an organization that would be entrepreneurial in nature and
lifestyle oriented. The business must be such which is feasible and innovative in nature, and we
needed to have full knowledge and passion required for it. Our group organizes a process of
brainstorming to select the best idea (Jeston, 2014). Every group member shares their own views
regarding the suitable business opportunities. Some of the group members suggested a dairy firm
and the other suggested an art school for performance arts. By conducting the elimination
process using our checklist we felt that a dairy organization was not such an innovative idea, we
did not require any experts of engineering. The foundation of any successful business depends on
identifying available business opportunities; we decided to take help from some expert people, in
our friendly network, working in large industries. Finally, we decided to work on an innovative
5
Document Page
and smart café that would be different from other existing café. Due to the high growth in the
internet sector, our business has the opportunity to grow in the near future.
With the help of idea initiation process, I learn that opportunity requirements to be timely,
attractive, defined and of value to the final customer. I also learned various methods to
identifying the potential business opportunities such as observing trends, solving a problem, and
finding a gap in the existing market (Blank, 2012). Apart of it I also learn how social and
economic factors influence the formation of opportunities and how different features such as
social networks, ingenuity, and prior experience help businessmen to select the best possible
business opportunity. I learned to apply the different steps of producing innovative ideas as well
as innovative techniques like surveys and brainstorming.
Team Work
A fresh and creative team are formulated as the group of founders, advisors, and chief employees
that transform the Javanet to a functioning organization and so with our team it was the case of
came together individuals with varies strengths and to build a strong team force to attain the
predetermined business objective. Each member of the team utilizes their skills efficiently in the
desired direction (Lamb, 2012). The team is a combination of different people such as Finance
operator, Network Analyst, Manager, and other supportive staff.
Responsibility of Javanet Manager
Building and maintaining a welcoming environment
Providing training to fresh employees to perform expected behaviors.
Measuring daily performance of employees.
6

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Build a strong relationship with customers.
Reporting directly to owner
Dealing with different customer problems
Responsibility of Network Analyst
Measuring the performance of computer systems
Resolving the network issues
Solving hardware problems
Following the actions instructed by manager
Reporting any resource requirement to manager
Responsibility for Finance Operator
Measuring the fund requirements
Make day to day transactions
Prepare a proper record of fund utilization in the business
Perform cash generation and payment activities.
As per my opinion, every member of the team performs their responsibility efficiently to ensure
the overall success of the organisation.
Presentation Experience
During decision making, the investors mainly focus on that the organization has specific, main
answers for the requirements of the marketplace, that individual wants to purchase and that the
dynamics of the organization are quite solid. They require knowing that the organization is
7
Document Page
handled by intelligent people who can control on overall cost and can generate enough profit. If
expected to invest, they ultimately require high trust on the organization team managing the
overall business in terms of their maturity, experience and reputation. The investors don't have
sufficient time to go through the lengthy documents. They want to get immediate answers to
their queries and concerns (Steinbrecher, 2015). The presentation of business idea would cover
overall aspects of the business in summarize form. This requires proper time management and
extraction of essential information on which the overall success of the business depends. The key
members of the organization are presenting the business plan in front of investors so that they
can attract the investors to their business.
Important lessons were learned from giving a presentation about retaining and capturing the
attention and interest of potential investors, sustaining the level of confidence as well as
predetermined time limit and a great knowledge about the business venture.
Alternative Scenario
The achievement of every business organization depends on internal or external conditions. In
order to predict all necessary figures considered in the business plan have represented a solid
view of the worst case scenario. Unpredictable scenarios of business plan minimize the revenue
level as expected while setting up the business organization. Due to the uncertainty of external
environment factors, the number of subscriptions needs to be kept low. Break-even analysis also
considers an important point here (Harris, 2016). It should be managed by the management to
ensure the overall success of the organization. Cost and Budget figures should calculate after the
consideration of the alternative growth scenarios.
8
Document Page
Conclusion
After studying all this, it can be concluded that coming up with a business plan enhance my
overall knowledge about the different aspects of the business which are necessary to consider
before starting any business organization. High-level research is required to understand the
overall economy in a significant manner. I have felt that an entrepreneur should have clear vision
and goal for his organization. Before developing a business plan, I don't have enough knowledge
about the importance of an idea. But now it gives me a deep understanding of its importance and
how it should be implemented efficiently.
9

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
References
Blank, S., 2013. Why the lean start-up changes everything. Harvard business review, 91(5),
pp.63-72.
Bridge, S. and O'Neill, K., 2012. Understanding enterprise: entrepreneurship and small
business. Palgrave Macmillan.
Jeston, J. and Nelis, J., 2014. Business process management. Routledge.
Blank, S. and Dorf, B., 2012. The startup owner's manual: The step-by-step guide for building a
great company.
Lamb, B.W., Sevdalis, N., Taylor, C., Vincent, C. and Green, J.S.A., 2012. Multidisciplinary
team working across different tumour types: analysis of a national survey. Annals of
oncology, 23(5), pp.1293-1300.
Steinbrecher, R., 2015, November. Transparent communications in Epidemics: Learning Lessons
from experience, delivering effective Messages, providing Evidence (TELL ME) Simulation
Model. In 2015 APHA Annual Meeting & Expo (Oct. 31-Nov. 4, 2015). APHA.
Munter, M. and Russell, L., 2013. Guide to presentations. Pearson Higher Ed.
Harris, I., Rodrigues, V.S., Pettit, S., Beresford, A. and Liashko, R., 2016. The impact of
alternative routeing and packaging scenarios on carbon and sulphate emissions in international
wine distribution. Transportation Research Part D: Transport and Environment.
10
Document Page
11
1 out of 12
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]

Your All-in-One AI-Powered Toolkit for Academic Success.

Available 24*7 on WhatsApp / Email

[object Object]