Entrepreneurship Development: Business Plans for Studio24*7

Entrepreneurship Development

Contents
INTRODUCTION (200).................................................................................................................3
Business objective...........................................................................................................................3
Detailed development plan..............................................................................................................6
Marketing plan.............................................................................................................................6
Operational palm.........................................................................................................................6
Technical solution and information technology plan..................................................................7
Human resources and organization plan......................................................................................8
Possible future development............................................................................................................8
Summary..........................................................................................................................................9
REFERENCES..............................................................................................................................16

INTRODUCTION
This is the business plans for the studio24*7, new medium sized restaurants which will be
trending the main street of London paying more level of emphasis on the organic and ethnic
food. There will be major level of emphasis on dedication to sustainable developments procuring
the food form the locals body reducing the dependence on the fossil fuels use for the respective
transformation. The business will have the usage of the ethnic recipes to have the providence to
the customer with diverse and unusual menus. There will be emphasising of the dishes by
recognizing the trends within the restaurant for the demand of the healthy cuisines.
Business objective
 To stay as the small restaurant with excellent food and services.
 To keep their food cost under 35% revenue between 24-29% of revenue.
 For keeping the employee labour cost.
 To have the average sales of the between $1,000,00-1,500,00 per year.
 To have the expansion of marketing and advertising in the street of London.
 To have the achievement of 12% return on investment to investors for the first two years
and 15% for the next three years.
Customer value proposition canvas
The value proposition canvas is an extension of the business model canvas with a focus
on customer profile and value map. It requires you to observe what the customer actually wants
and then design a value proposition which will sell. The Value Proposition Canvas is about
finding out why the customer needs a supplier, what the customer can perceive as an extra value
and what the customer finds annoying or disadvantageous.
This have been statement of the restaurant as the statement in which is the offering there
of the restaurants to the respective customer which is not advisable to the other dinning
establishment in their particular areas. This have been considered as the essential aspects of the
any business speciality the truth which will be helpful; om the complete level of attraction their
patrons over the other business restaurants in the perfect manner.
The value proposition of the restaurant is having the organic food made up in the pattern
of he ethnic pattered as the offering the target markets for the new level of offering to the
customer who are considered to the diet conscious and nutrients conscious. This is the major
level of category which is falling the young generations or the lonely rich, young happy
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customers, the rich hippies which have autarky desire of the organic foods as well as ethnic
cuisines and healthy offering dieting women. Cuisine differs across India's diverse regions as a
result of variation in local culture, geographical location (proximity to sea, desert, or mountains),
and economics. It also varies seasonally, depending on which fruits and vegetables are ripe.
The firm have the special level of speciality regarding the development of different
products which certainly made up of there pure organic milk without having any level of
malnutrition in significant manner. As there to have the basic level of value proposition as there
all the product are turned out the purely organics without having any level of pesticides and
the added growth hormones used in it.
The restaurant is more level of uniqueness in terms of serving the foods with adding of
the original flavours which have the coming up from the true region in the key significant
manner. the restaurant is promotion with the tagging of “simply authentic organic food in ethnic
taste.”
The firm is aiming the customer to have the believe in to have the delivering what they
are actually expecting. There will be major level of emphasis on dedication to sustainable
developments procuring the food form the locals body reducing the dependence on the fossil
fuels use for the respective transformation. The business will have the usage of the ethnic recipes
to have the providence to the customer with diverse and unusual menus. There will be more
focus on their strength and weakness of the establishment in to have the proper level of
combinations instead of the looking a the compositor location. By providing all information like
timing, features, place and all about products on social media platform it can promote its new
food By making an effective use of communication skill and providing discount, gift vouchers
and other benefits, it can increase its sales and attract customers to the great extent.
Lean business model canvas
The model has there promising the action and the entrepreneur focused business plans which
have the proper level of attention on the proving the solution to the different problems, the key
metric which is necessary of the business along with gaining more level of competitive
advantage in the significant manner. Business Model Canvas is a strategic management and lean
startup template for developing new or documenting existing business models. It is a visual chart
with elements describing a firm's or product's value proposition, infrastructure, customers, and
finances. It assists firms in aligning their activities by illustrating potential trade-offs.
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