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Business Plan Assignment - "Before & After Coffee Cafe"

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Added on  2021-01-03

Business Plan Assignment - "Before & After Coffee Cafe"

   Added on 2021-01-03

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Business Plan Assignment - "Before & After Coffee Cafe"_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1TASK 2............................................................................................................................................3TASK 3............................................................................................................................................4TASK 4............................................................................................................................................5TASK 5............................................................................................................................................6CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................8.........................................................................................................................................................8
Business Plan Assignment - "Before & After Coffee Cafe"_2
INTRODUCTIONBusiness plan an important document that explained about a new business, its servicesand products. It defined leadership, staffing, financing, operations model and other details suchas that how company earn money and essential to both operation and success. It is a veryimportant strategic tool for entrepreneurs (Blank, 2013). This report based on the start up of asmall business. The name of the company is “Before & After Coffee Cafe” which is going tostart business of Herbal coffee and it is located at Bakewell, England, UK. This report explainedabout the small business which is now going to start and the value which help the business topromote it. Various type of market research is also explained such as primary, secondary andothers or solution for resolving the ethical dilemma regarding the business. Business assets,liabilities, expenses or gains are described in the report.TASK 1Setting a small businessAccording to the report a small business of herbal coffee is setting up by an entrepreneurand start up budget of this business is£20,000. It is a small business of Herbal coffee which isstart by After & before coffee cafe in Bakewell, England. Industry-A industry is a place where an individual and entrepreneur operate businessand providing services to others. It is an enterprise where entrepreneur develops their businessand manufacture their products. Herbal Coffee business comes under coffee industry. Location- The entrepreneur starts its business in Bake well. It is a small market town andcivil parish district of Derbyshire, England, which is well know for the local confection Bakewellpudding. The entrepreneur starts its business here because many tourist visit here and forproviding them its services or there are various corporate offices so the company can provide itsservices to their (Boni, 2012). The entrepreneur chose this location to start its business becausethere are various companies, banks and others so it can easily find its target customers andproviding them its services. Tourists are also come to this place for visiting and it can find thesecustomers also.Target customers- It is group of specific people within a business on which a companytarget to provide its services to them according their needs and wants. It can be a group ofcustomers such as individuals, household or organisations for which the company designs,1
Business Plan Assignment - "Before & After Coffee Cafe"_3
implements and maintains a marketing mix suitable for the need and preference of that group ofindividuals (Burns and Dewhurst, 2016). After & Before coffee cafe target corporate people forits products and services because whole day are working so they are health conscious and havepreference of herbal products. So seeing their need company target them so that it can fulfil theirneeds by providing product according them. Business model- It is an important and conceptual fo5rmate which support the viabilityof a business such as goals, purpose and others. It is smiler to business plan in its makeup andcontent that how a business fulfil its purpose and what kind of elements required to demonstratethe feasibility of a prospective business. After & before coffee cafe business model is that itprovide coffee to its corporate customers and others because they are more conscious for theirhealth and herbal coffee is a best option for them which they also have need. Herbal coffee hasvarious benefits cause of them office people prefer it highly. It is beneficial for heart problemsand maintain a person's youthful glow or help in prevent certain illness that cause memory lossand it is helpful to boost the brain's cognitive functioning. The cafe provides settings that alwaysinclude the coffee mug along with napkins. They provide table service also to their customers fortheir meeting purpose and provide them a clean or crisp, low key atmosphere which is favourableto them. They provide them, a morning & late night option which is beneficial for customers andcompany because in UK the offices operate their work in sifts so it help the company to provideits services late night and provide activeness and feel fresh to the working people (England,2013). Logo of the company2
Business Plan Assignment - "Before & After Coffee Cafe"_4

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