Business & Finance Report: Cafe Startup Investment and Planning

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Added on  2023/06/15

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This report presents a business plan for a new cafe called 'Buffet Cafe' in London, requiring an initial investment of £100,000. The cafe aims to offer a diverse menu of pizzas, pastas, burgers, snacks, and beverages at competitive prices, utilizing updated machinery for efficient food preparation and accounting. The report includes statistical data supporting the idea, highlighting consumer preferences for coffee quality, price, and local business support, based on a survey of UK coffee drinkers. The cafe is deemed investable due to its potential to create a pleasant environment, offer popular products like coffee with high profit margins, and allow for personalized product development. The investment will be used for machinery, technology, kitchen appliances, and marketing to promote the cafe's products and services, ensuring profitability and growth. The report concludes that analyzing the business environment and understanding market trends are crucial for success, emphasizing the importance of investments in running operations and acquiring resources to maximize profits and customer acquisition. References to relevant academic literature are also provided.
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