Entrepreneurial Venture: FoodFacilities.com - First Year Business Plan

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Added on  2025/04/16

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Desklib provides past papers and solved assignments. This document outlines FoodFacilities.com's first-year business plan.
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THE PITCH
Launching the business: the first 12 Months
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INTRODUCTION
Starting the online restaurant services
Name is FoodFacilities.com
Online food and be the customer oriented
Focuses on all varieties of food segments
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TEAM
It team includes several human resources in various departments
of the restaurant:
Food preparation department: Making and packing of food
Sales and distribution department: Delivery person pass the
food
Customer care department: Handles queries
Information technology department: Maintenance of IT
systems
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PROBLEMS
Cannot order food on the Sunday and on festive days
Customer cannot give their reviews or feedbacks
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SOLUTION
Offer the food every time
irrespective of Sundays,
weekends or festivals
Separate department of the
customer care and call centre
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ADVANTAGES
No cooking in the Sundays, weekends and festival
Instant feedbacks and improvement
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PRODUCT
Main product is food and service is home delivery
Example is provided in the image below
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TRACTION
Customers are basically the youth and elder generation
Offer them higher sales and attract the major audience
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MARKET
On the basis of the demographic factor
Targeted audience is youth and elder group people
The market size is kept high due to busy professional
schedule
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COMPETITION
High competition
Use of affordable pricing strategy
Increase the sales of the business
New on the online platform
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BUSINESS MODEL
Advertisement and agency business model
Focus is on attracting the customers rather than earning
the profits
Use of discount or coupon code
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INVESTING
Cost structure is estimated to be
Types of expenses are to be done such as operating and
capital expenses
$350.65 Bn ($5.15 billion + $345.5 billion) for the first
12 months
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