This report examines the menu planning, food service environment, and new food concept development for an Italian restaurant, specifically Prezzo. It begins by justifying the menu design, focusing on its target demographic of high-income, younger customers and the restaurant's quality service and ambiance. The report then justifies the creation of the food service environment, emphasizing the importance of ambience, atmosphere, location, lighting, and staff in attracting customers. The report then explores the development of a new food concept, including the use of market research, collection of primary and secondary information, and qualitative and quantitative analysis. It also justifies the new food concept based on research, target market, customer needs, and market trends. The report further justifies the launch of new products, considering factors like decline of existing lines, innovative ideas, and seasonality. Finally, it discusses factors affecting service methods, evaluates the author's performance, and provides recommendations for improvement, such as launching a wider range of alternatives and continually monitoring market trends. The report concludes with a list of references used in the analysis.