Sample Business Plan Assignment

Added on - 17 Feb 2021

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BUSINESS PLAN
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11. Business plan...........................................................................................................................12. Name of the business..............................................................................................................23. A visual identity of business...................................................................................................24. Creating the value in order to promote as a business..............................................................2TASK 2............................................................................................................................................3Market research 1. The primary research for the business plan..................................................32. The secondary research for business plan...............................................................................33. What is quantitative research of business plan.......................................................................34. What is qualitative business research......................................................................................3TASK 3............................................................................................................................................41. Dilemma facing by the business.............................................................................................4TASK 4............................................................................................................................................51. Complying with Equality and Diversity law when selecting applicants.................................52. The right that the new employees have...................................................................................5TASK 5............................................................................................................................................5CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
INTRODUCTIONBusiness plan is very essential before starting new venture. It helps in providing all thenecessary information that has to be undertake in order to start a business. The present report isbased on a business plan of Livets Kruscafe. A business plan structure will be discussed whichinvolves a research methodology. The report will depict the ethical dilemmas that has been facedby cafe. A budgeted cash flow of Livets Kruscafe will be prepared.TASK 11. Business plan.Starting a business is a tough task for a new entrepreneur, thus before starting a newventure it is very essential to plan every aspect in order to start a new one. A new business planis being prepared to start a cafe called Livets Kruscafe.The industry in which the cafe will operate is hospitality industry. Cafe will be going toserve different varieties of beverages along with starters.Location of Livets Krus cafe would be near University and in a local street of Manchestercity, U.K.The location is appropriate to attract the target customer which is the students inuniversity and the youth who come to the market (Zimmererand Scarboroug, 2012).The business model is explained as below:Key activities: The main activities of Livets Kruscafe is to provide the best quality foodand beverages to youngster as per their needs and preferences of taste.Cost structure: The sources of fund to start a business will be taking loans from a bankand some with personal savings. Average budget in order to start a cafe is 20000 pounds.Customer segments: The main target customers would be the youth and students ofuniversity, buy cafe will also target the customers who visit the local market.The objective of the business would be increase the profitability of the Cafe andestablished its identity in industry by providing quality and best food and beverages to customerand satisfying their needs.1
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