4th Coffee: Entrepreneurship Development Business Plan
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Added on 2023/02/02
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This presentation focuses on a new business plan for 4th Coffee, a drive-thru café in Birmingham. It discusses the opportunity, market analysis, unique value proposition, execution, financial plan, and references.
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4T HC O F F E E1 C u p p aD iC a f é •w w w . C u p p a d i C a f é . c o m
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4T HC O F F E E2 ENTREPRENEURSH IP DEVELOPMENT B U S I N E S SP L A N Divider slide
4T HC O F F E E3The following report will focus on new business plan for the drive thru café in middle of Birmingham named Cuppa di Café which is one of the unique business idea. This will be attracting people and customers more through unique idea of drive thru café which is most convenient and easy to operate type of café. This will be offering to its customer tailor made coffee and other eatery. Birmingham is been chosen as there is not drive thru café situated with the city area while the customer target is wider with all age group. INTRODUCTION3
4T HC O F F E E4 As it was found as opportunity for Cuppa di Café to get started its café which is offering both coffee with confectionery items. There are many opportunity in sense of innovation which will help café house to set an example for its customers against competitors. On the other hand company will also be selling quality of products and services which is regarded to as one of the most essential element for attracting and growing customers. OPPORTUNITY
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4T HC O F F E E5 Segmentation-As coffee is taken by all age group people but generally by those people who is having higher standard of living as it will be somewhere also depends upon hobbies of customers. So Cuppa di Café is having all age group customers as their target especially those who are having good income so that they could afford it. Target-Its target will be from all age who could come and take their coffee for enjoying the same at their home. Market need These are need and demand of customers within city which will allow them to order their favourite coffee from anywhere and then they could be able to get their delivery. MARKET ANALYSIS STP approach
4T HC O F F E E6 The unique thing which they are having is mainly related to their independent coffee shop in Birmingham city centre too is providing drive thru experiences to its customer. So the unique value proposition for Cuppa di Café is their drive thru café which will allow customers to just drive, order, pay and take their order. Competition There are number of coffee shops which are operating within the city of Birmingham like that of Faculty coffee, 200 degree coffee shop & Barista school and Quarter house coffee roaster. So Cuppa di café will be having number of competitors in respect to product it provides but in respect to service provided there is no such competition. Unique value proposition
4T HC O F F E E7 The company is choosing social media for marketing and promoting their product and company. This platform is the best for today’s generation who are very much active on social media channels like that of Twitter, Facebook and Snap chat. Company will be providing 10% additional discount for purchase of coffee from café and providing coupons for the first purchase through their online portal. Sales Plan Cuppa di Café will be selling their product which is coffee and confectionery items through online account, Facebook, phone order and drive thru sales is already available. The sales expected is for 2ndmonth of launch or establishment which is at 5% only. Marketing plan EXECUTION
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4T HC O F F E E88 JanFebMarAprMayJunJulAugSepOctNovDec 0 1 2 3 4 5 6 7 8 9 Cuppa di café JanFebMarAprMayJunJulAugSepOctNovDec FINANCIAL PLAN S U B T I T L EG O E SH E R E The financial help or assistance is mainly provided or received with help of bank loan. As there are many sources through which company could be able to take their financial help but around £27000 will be required in started the drive thru café for Cuppa di Café So this could be easily arranged with help of bank loan which is most easy way to source or fund the expense of company.
4T HC O F F E E9 Projected budget ParticularAmount (£) Start-up expenses Owner’s contribution8000 Equipment loan15000 Remodelling loan15000 Operating loan18000 Total cash56000
4T HC O F F E E10 Total cost of capital equipment Beginning stock900 Equipment15000 Legal fee11000 Accounting fee13000 Licenses and permit4500 Remodelling work6000 Deposits6300 Promotion1800 Opening800 Others1000 Total start-up cost60300 Beginning cash balance4300 CONTINUED….
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4T HC O F F E E12•Nair, A. and Weber, T., 2017. borjo coffeehouse: Franchise, Independence, and Starbucks.Entrepreneurship Theory and Practice,41(5), pp.861-875. •Coffee House. 2018. [Online]. Access through: <https://www.referenceforbusiness.com/business-plans/Business- Plans-Volume-04/Coffee-House.html>. REFERENCES
4T HC O F F E E13 T H A N KY O U•www.CuppadiCafé.com R I A Q V I S T + 1 ( 5 8 9 ) 5 5 5 ‐ 0 1 5 5 r i a @ c u p p a d i c a f e . c o m