Guidance Notes For Business Plan

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Added on 2020-12-09

Guidance Notes For Business Plan

Added on 2020-12-09

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GUIDANCE NOTES FOR PLANS.

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1BACKGROUND OF BUSINESS ORGANISATION....................................................................1BACKGROUND OF BUSINESS ENVIRONMENT.....................................................................1DATA/ GRAPHS/ TABLES...........................................................................................................2REFERENCES................................................................................................................................5TIME PLAN....................................................................................................................................5CONCLUSION................................................................................................................................6BIBLOGRAPHY.............................................................................................................................7

INTRODUCTIONCoffee house industry of Czech Republic is performing well. In the year 2018 Roast coffeesegment has generated revenue of US$294m. The country has largest coffee market andconsumption of coffee is increasing with the rapid speed. Present study is based on Starbuckswhich is the operating in the same industry. Currently it is operating its business in Prague and itis planning to expand its business in Czech Republic. Current assignment will describebackground of the firm and its business environment in Czech Republic. Furthermore, study willpresent some graphs and charts in order to show its performance in the market.BACKGROUND OF BUSINESS ORGANISATIONStarbucks Corporation is the multinational firm and is known among has largest coffeehouse chains across the globe. Recently entity is operating its business in approx 28218 locationsglobally. The main motive of firm is to offer high quality services to consumers according totheir needs. Enterprise aimsto satisfy its guest by offering them high quality coffee services andproducts. It offers bean, espresso, caffeelatte etc.Mmany kinds of coffee products to customers(Tučková, 2017). There are many big organisations such as cafe Lounge, cafe Savoy, Friendscoffee house etc. those which are operating in the country tremendously in Czech Republic.Starbucks has chance to grow well in this country and enhancing its profitability. In the year2017, enterprise has generated 2.885 billion revenues and. It has employed 238000 employeesacross the world those who are continuously working for the growth of business.BACKGROUND OF BUSINESS ENVIRONMENTExternal environment of Czech Republic impacts on overall operations of the company togreat extent. Political situation of Czech Republic is stable and government always encourageexport and import activities. Economic condition of the nation is stable and GDP is also growingat fast pace. growing in Czech Republic. Population has adequate income sources and theirspending power is good. Czech Republic is the nation where high number of working classpeople exists. People like to have coffee but they prefer want amazing and high quality productsand services (Lemus and et.al, 2015). Due to advancement of technology Starbucks will be ableto can minimize its operational cost which will helps the firm in and can reducinge errors. Entityfollows all regulation and conduct operations in the Prague as per the industry standards. Czech1

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Guidance Notes For Business Plan