Investment Meeting Report: Australian Food Restaurant Investment Plan

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Added on  2023/04/21

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This report details an investment meeting focused on establishing a food restaurant in Australia. The meeting involved five businessmen and covered key aspects such as financial reports, market analysis, human resource guidelines, trade licenses, investment structure, operational guidelines, product chain selection, and marketing strategies. The agenda included achieving legal and trade licenses, investment structure generation, operational guideline formation, product chain selection, marketing strategy development, and human resource guideline formation. The meeting transcript reveals discussions on market growth, customer preferences, product chain selection, time-saving strategies, workforce composition, investment requirements, and marketing approaches. Minutes of the meeting summarize decisions made, including the assignment of responsibilities, investment amounts, and the team's strategies for the company's operations, product chain, marketing, and human resources, along with a plan for a review meeting.
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Running head: INVESTMENT MEETING
Investment Meeting
Name of the Student
Name of the University
Author Note
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1INVESTMENT MEETING
Part 1: Meeting Agendas
The formation of a food restaurant aiming for the generation of significant revenue in
the Australian food restaurant industry is the main objective of the meeting. The members of
the meeting are 5 interested businessmen of Australia including Nathan Paine, Alexa Harper,
Kate Williams, Jonathan Martiens and Joseph Maria. The location for the meeting is selected
to be the Intercontinental Hotel of Sydney. The meeting is expected to take place at 15th of
January 2019 at exact 11 a.m. Australian times.
The meeting structure:
Nathan Paine and Alexa Harper were the responsible candidates for the production of the
financial reports on the food restaurant industry of Australia. The main focus of them was to
create a database with the effective addition of the reports regarding the financial statements
of the industry so that the members of the meeting be able to analyse the market
opportunities, the growth of the market and the customer preferences.
Kate Williams was the responsible member for the evaluation of the existing human resource
guidelines of various industries. Kate was asked to conduct the evaluation so that the
members be able to assess the necessary requirements for having an effective and quality
workforce.
Apart from this, Jonathan Martiens and Joseph Maria are the concerned members of the team
for evaluation of the trade licences so that the members of the meeting be able to assess the
necessary requirements for the registration of the company into the legal bodies of Australia
and along with that, they be able to approach for the achievement of the trade licenses.
The agenda for the meeting are mentioned below:
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2INVESTMENT MEETING
1. The achievement of the legal and trade license for the operation of a new business in
Australia.
2. The generation of the structure for the investment.
3. The formation of the guidelines for the operations.
4. The selection of the product chain for the company.
5. The formation of the strategy for marketing of the new company and the products of
it.
6. The formation of the Human resource guidelines inside the company.
Part 2: Transcript:
With the mutual communication among the members of the meeting, Nathan Paine
was selected as the chairperson of the meeting.
Nathan Paine: Good Morning team! As we all know that we have gathered here for the
formation of our company, let us welcome each other. I hope you guys did not face any
significant issues in reaching here. Throughout the 3 year time span of the meeting, we hope
to discuss the topics mentioned in the agenda which is served to each of you. We would like
to have significant inputs and solutions on the mentioned aspects. As I have produced the
agendas of the meeting to each of the members of the meeting, I, now open the forum for
each of you to discuss regarding the agendas.
Alexa Harper: I would like to put the financial reports of the industry in front of you guys. I
think, the food restaurant industry in Australia is significantly expanding and the growth is
expected to increase only. I evaluated the files of the previous years and the comments of the
customers of the modern generation. I found that the customers are significantly preferring
the pizza, salad and various sort of beverages.
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3INVESTMENT MEETING
Kate Williams: Yes, with respect to your evaluation, I can confirm the fact that the increasing
preferences of the customers in purchasing the pizzas and the drinks are observed to be the
main reason behind the significant growth of many of the organizations of the mentioned
industry.
Jonathan Martiens: I think, the increasing preferences of the mentioned products is significant
for us in selecting the product chain. However, I find many organizations doing the same as
well. Hence our organization needs to come up with some innovative idea otherwise we may
face significant competitive rivalry and at the same time we will not be able to shift the focus
of the customers from those companies to us.
Joseph Maria: I think, it will be good for us if we be able to reduce the consumption of the
time in producing our products and services. It is well known to all of us that the life style is
becoming significantly busy for the people of Australia and under such condition people are
observed to prefer quick services. The preferences of the customers in selecting the
organizations for the service or the products is observed to be highly influenced by the
quickness of the services.
Nathan Paine: Yes, I agree to it. But in order to be competitive in the aspect of consumption
of time, I feel that the introduction of the robots to our workforce will be significant.
Alexa Harper: Yes, the speed with the introduction of the robots in our operation, will be
high. But the issue of human employment has the potential to portray our image in a negative
manner in the business market and in the society.
Jonathan Martiens: Well, that could cost us in significant manner as the preferences of the
customers can get negatively influenced.
Joseph Maria: In that case, we must divide the workforce with the representation of both, the
human and the robots. We can go for the slicing operations with the self-controlled robots.
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4INVESTMENT MEETING
Kate Williams: Okay. Now let us consider at the sum of investment that is required for the
establishment of the company. I consulted with several auditors of Sydney and Melbourne
and they produced me the evaluation of the investments. They recommended for a sum of 5
million Australian dollars as investment for our project.
Jonathan Martiens: Well, I consulted with Rose Emanuel, a leading accountant in the modern
business world. She confirmed that we have to invest at least 5.5 Australian dollars for the
project.
Alexa Harper: with the significant need of marketing of our products and services, I do feel
that at least 6 million Australian dollars is much needed for us. At the same time, we need to
build our marketing activity on the speed that pour services offer to the customers.
Nathan Paine: I think, the direction of our marketing campaigns need to be towards the social
media platforms more compared to the print media.
Alexa Harper: Yes, I agree to it. I think promotional events on the social media platforms like
Facebook, twitter and YouTube will be significant for us. Apart from this, I have the
experiences of the achievement of the trade license and I think, it will not be an issue for us in
registering the company to the Australian Business Registrations. I will take undertake the
operations of the registration.
Nathan Paine: Well, I think we need to have a team for the monitoring of the food quality and
quality of the services of the employees of us. Hence I want a mutual agreement from all of
you for the participation in the team in order to develop our business. Hence all the topics of
the agenda is discussed, I think we can consider the date of a review meeting on 15th of July
for the evaluation of the progress of our plan.
Part 3: Minutes of the Meeting:
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5INVESTMENT MEETING
The names of the
participants
Nathan Paine
Alexa Harper
Kate Williams
Jonathan Martiens
Joseph Maria
Agenda items 1. The achievement of the legal and trade license for the
operation of a new business in Australia.
2. The generation of the structure for the investment.
3. The formation of the guidelines for the operations.
4. The selection of the product chain for the company.
5. The formation of the strategy for marketing of the new
company and the products of it.
6. The formation of the Human resource guidelines inside the
company.
Decisions made by
the participants
The member decided that the legal registration and the
achievement of the trade license will be conducted by Alexa
Harper.
The team decided that the company requires an investment of
6 million Australian dollars and it needs to be invested by 5
members of the meeting with equal ratio of investment.
The team decided that the operations of the company needs
be strategized in accordance to the customer preferences and
the team increment of the speed in the production is much
required for the company.
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6INVESTMENT MEETING
The members of the team confirmed that the salad, pizza and
various sort of beverages will be the product chain for the
company.
The team wants the marketing activity to be inclined to the
various social media platforms so that it reaches the tech
savvy customers of Australia.
The team confirmed that the resource of the company will
include the participation of both, the humans and the robots.
Calendar or due
dates
1st of July 2019
The team agreed on the point that there is a need of a review meeting for the
evaluation of the progress and before that the actions that the respective members of the team
are to undertake is generally the collection of the investment, the resources and the
infrastructure that is required for the company.
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