Business Plan for Asian Street Food in Australia: A Fusion to Success

This business plan outlines the strategy for an Asian street food business in Australia, focusing on a fusion concept to achieve success. It includes a vision to serve unique tastes and a mission to enhance the company's capabilities. The plan sets short-term goals like increasing sales and improving employee productivity, and long-term goals such as financial strengthening and customer satisfaction. It details sustainability strategies, including employee training and community involvement. Operational strategies cover team development, resource management, and inventory control. An action plan outlines timelines for financial planning, recruitment, and marketing. Legal considerations and a detailed inventory list are also provided, offering a comprehensive guide for launching and managing the business.

Asian street food In Australia
A fusion to Success (Business Plan)

Vision, mission and Business objective
Vision: To serve happiness to the customer through delivering unique
test.
Objective and future
• To achieve ultimate product development
• To achieve larger market segment.
• To achieve unique segment in Australia.
• To achieve a sales volume of $246484 in the first year.
• To maintain customer relationship with understanding their
preference.
Mission
The mission is to enhance the capability of the company to that stage
where the establishment gets rewarded based on their uniqueness of
the test.

Goal
Goal
Short term goal: The short term goal includes:
• Increase monthly and daily sales.
• Decrease theft and bringing improvement in employee productivity.
• Integrating innovation.
• Improving new restaurant stream.
Long term goal: this includes:
• Employee and consumer relationship.
• Gaining sustainability.
• Quality control
• Financial strengthening.
• Enhancing profitability through reducing cost of production.
• Gaining customer’s satisfaction.

Sustainability strategy
mpany’s responsibility towards social and environmental factor.
mpany has planned to achieve the suitability through bringing value into the
nizational culture.
mployees will be given training to perform in front of customers.
tablish a long term relationship with the customer.
mpany has planned to share a portion of their income to the children relief fund
stralia.
stainability through selling Unique food test.
stomer driven core competence.
option of environmental management accounting
fund policy
pact on community

Risk management
Factor Risk Strategy
EMA Employees and management knowledge over the EMA system.
Tough to implement as the identification of resource requires
knowledge and experience.
Trailing and development program.
Customer driven core competency Adopting of changes and the proper knowledge of customer’s
choice and rapidly changes in the market.
Feedback policy and market survey.

• Team development.
• Resource management.
• Production process
• Equipment needed
• Inventory management
• Supply and delivery
• Technology
• Trading hour
• Communication channel
• Payment type
• Refund policy
• Quality control
• Membership and affiliation
Operational strategy
Inventory item Unit price (Per KG) Quantity in stock Total cost (AUD)
Tomato 5.06 AUD 20 Kgs. 101
Onion 2 AUD 30 Kg. 60
Garlic, Ginger & Spices 12 AUD 30 Kg. 360
Cooking oil 4.85 Per bottle/ per litter. 40 bottles (40 LTR.) 195
Gluten Flour 7.90 AUD 30 Kg. 237
Chicken Breast Fillets
Skinless 1 kg
8.50 AUD 8 Kg. 68
Butter 5.15 AUD 3 KG 15.45
Milk 2.2 AUD. 15 Kg 33
Eggs 5 AUD 30 Pcs. 150

Action Plan
Actions that are required Time required Monitoring process
Financial and fund planning 2 months Visit to the banks or borrowers for the collection of the
debt capital portion.
Recruitment 1 months Hiring knowledgeable personnel.
Formation of the operational strategy and
acquiring equipment
2 months Business operational strategy through the group
discussion and purchasing equipments those are
required.
Making financial plan 3 months Making financial strategy before making any other
strategy and making a budget to understand the cost
required.
Setting marketing strategy 2 months Market strategy according to the market demand and
competitors, pricing strategy, achieving Competitive
advantage through the test.
Analysing market 3 months Market research to understand market and gathering
information about the industry and competitors.
Evaluation of the product demand through
understanding feedback from the target audience
before launching the business.

Legal considerations
• Secured with the Australian corporate Act. 2001.
• Food Act. 2001.
• Food Regulation Act. 2002
• Inclusion of Australian consumer Law 2010.
• Affiliation of food standard Act. 2010.

Thank you