Growth Sustainable Business Plan for SnackBar Express, BM564

This project presents a detailed business plan for SnackBar Express, a venture focused on providing healthy fast food options. The plan begins with an introduction to enterprise and entrepreneurship, highlighting the importance of identifying market needs. The main body of the plan outlines SnackBar Express's proposed future business, targeting children, young people, and middle-aged individuals. It includes a customer analysis, competitor assessment, and skills analysis of employees. The plan also covers profit and loss accounts, cash flow forecasts, and potential sources of funds like venture capital and bank loans. Furthermore, it discusses the importance of MIS systems, vision, and the plan for obtaining necessary resources. The assignment concludes that both enterprise and entrepreneurship are essential for successful business plan implementation. The project also refers to the assignment brief which required a business plan for the business idea proposed in a previous coursework, focusing on the product or service, intellectual property rights, target customers, competitive analysis, and market share.

Enterprise and
Entrepreneurshi
p

INTRODUCTION
Enterprise refers to the Business Venture which has been started by a particular
entrepreneur in the market. Entrepreneurship refers to the process through which an Enterprise
has to be started. Thus it is important for the entrepreneurs to make sure that the identification of
the specific needs and requirements related with starting own business can be done which will be
highly helpful in the future (Akimova and et.al., 2020). This report will focus on SnackBar
Express. It is a Business Venture which aims to provide healthy fast food options to the
customers in the market. In this report, a detailed Business Plan of the Business will be discussed
in detail.
MAIN BODY
A Business Plan refers to a document in which there are specific details related to the
Business which has to be launched in the market and therefore in this manner it can be said that
the implementation of such a plan can be carried out so that the Businesses are able to attain their
future goals and objectives in the market in a proper manner (Alkhatib and et.al., 2021).
Therefore, the Business Plan of SnackBar Express is as follows-
Proposed Future Business- SnackBar Express is a Business Venture which aims to
provide healthy fast food options to the customers in the market for the purpose of ensuring that
the customers have a wide variety of healthy food options to consider so that they are able to
ensure that they are able to maintain their health and fitness.
Customers- SnackBar Express can identify the wide variety of the customers which it
can target in order to earn profits. The customers of the Business will be the following-
 Children- They will be the main customers of the Business. This is so because they are
quite fond of Fast Food. Therefore, it will be quite essential for the Business that these
Children are provided with the variety of healthy fast food options.
 Young people- They will also be the main customers for the Business. This is so because
they are also quite fond of the Fast Food. Varied options related to healthy fast food are
therefore required to be provided to them which will help them in ensuring that they are
able to make use of the healthy fast food options available for them.
 Middle-aged people- They will also be main customers for the Business. Thus, in this
way it can be said that it is quite important to identify the particular needs and
requirements of these customers which will help them a lot.
Competitors- SnackBar Express will have a presence of different types of competitors in
the market and therefore will be required to make sure that it is able to make the required
adjustments so that it can sustain itself in the market along with these competitors and is

able to earn higher-level of profits in the future quite effectively and efficiently in a
proper manner. This will be quite helpful in ensuring that the higher-level of growth can
be attained in the future.
Skills Analysis- It is also quite important for SnackBar Express to make sure that the
skills analysis of the employees is done. This will ensure that if there is a skill deficiency
then the appropriate rectifications can be carried out to remove such type of deficiency in
a right manner in the future (Brentnall, 2020). The Skills Analysis of SnackBar Express
reveals that following type of skills are quite important to be considered for the
organization-
 Analysis & Interpretation skills- It is quite important that the appropriate consideration
to these skills can be given because in this way the Business will be able to derive the
appropriate conclusions and recommendations in a proper manner. SnackBar Express’s
employees should have these skills so that they are able to assess the situation and take an
appropriate action accordingly.
 Communication skills- It is also crucial that the development of the communication
skills can be done by the employees of SnackBar Express. This is so because this will
help the workers to be able to communicated in an appropriate manner and thus attain the
relevant goals and objectives. Thus, it is quite important for the employees to make sure
that these skills are present in them.
Profit and Loss Account and Cash Flow Forecasts- Preparation of a Profit and Loss
Account can be done by SnackBar Express so that it is able to ascertain the overall level
of profitability in a proper manner. Cash Flow Forecasts can also be used by the Business
so that it is able to make sure that it keeps a detailed track on the inflows and outflows of
cash so that the best use of the cash can be made in a proper manner quite effectively and
efficiently (Crammond, 2020). Therefore, it becomes important that their preparation is
done in a right way.
Sources of funds- It is important that SnackBar Express makes use of the sources of
funds so that the Business is able to make sure that it can use the funds as and when
required quite effectively and efficiently. The sources of funds which can be used by
SnackBar Express are as follows-
 Venture Capital- It is a source of fund through which the organizations are able to start
out their Business operations in a proper manner. Thus, it can be said that the SnackBar
Express can make sure that it can be used quite appropriately so that it can start out its
business operations with ease.
 Bank Loan- The use of this particular source can be made for the purpose of obtaining
the funds for short-term, medium-term and long-term requirements. Therefore, in this
way it can be said that SnackBar Express can make its use to be able to ensure that it can
fulfill its wide variety of funding needs and requirements quite appropriately.

Plan for obtaining resources- There will be a requirement for the Business to make sure
that the different types of resources like Human Resources, Financial Resources etc. are
obtained so that the operations can be managed quite smoothly in a proper manner
(Hoang Tien and et.al., 2020). Therefore, it is quite essential that SnackBar Express is
able to make sure that a detailed plan for the purpose of obtaining of the resources can be
used so that the attainment of the future goals and objectives can be done in a proper
manner. It is essential that the implementation of this plan can be done appropriately so
that the future goals and objectives can be attained in a right way quite effectively and
efficiently.
Requirement of MIS systems- A MIS refers to a system which is used by the
Management of the organizations to be able to manage the information in a highly
appropriate manner effectively and efficiently. There will be a requirement of MIS
systems in SnackBar Express because through making their use the organization will be
able to ensure that the better management of the available information can be carried out
which will be quite useful for it in the future. Thus, the managers of the enterprise are
required to ensure that they are able to attain the future goals and objectives and thus can
make sure that the better use of the information can be made highly effectively and
efficiently.
Process Control Systems, Management Reporting Systems, Inventory Control Systems,
Sales and Marketing Systems, Human Resource Systems, Accounting and finance
Systems are important MIS systems which will be used by SnackBar Express to be able
to manage the wide range of information quite effectively and efficiently in a proper way.
Vision- SnackBar Express’s Vision in the future will be to enhance the overall market
share in such a manner so that it is able to ensure that it enhances its overall market
presence quite effectively and efficiently which will be helpful for it to be able to attain
the future goals and objectives in a proper manner (Kyrylov and et.al., 2020). Thus, it is
quite essential for the management of SnackBar Express to ensure that it sets out its
vision in such a manner so that it is able to manage the wide variety of needs and
requirements related with the Enterprise quite properly in a right way.
Therefore, in this way SnackBar Express will be able to make sure that the use of the
Vision it has set for the future in such a way so that in this way the attainment of the
future goals and objectives can be done by it and this will be quite helpful for it to be able
to enhance the overall level of profits in a right manner (Parkinson and et.al., 2020).
Thus, it becomes very important for the management of the Businesses to be able to set a
vision for the Business.

CONCLUSION
From the above report, it can be concluded that Enterprise refers to a Type of Business
venture. Entrepreneurship is a process of starting a new Business. Both of them are required so
that the implementation of the plan which was formulated for the Business can be done and the
plan can be converted into reality quite effectively and efficiently in a proper manner.

REFERENCES
Books and Journals: