LSC UoS BA Business: Entrepreneurship - Takeaway Pizza Business Plan

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Added on  2022/11/25

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AI Summary
This business plan outlines the strategy for Takeaway Pizza, Inc., a new pizza delivery and takeout service in the Local Bay area. The plan details the company's mission to provide high-quality pizza with efficient delivery, analyzing the market, industry, and competition. It includes a detailed product/service description, competitor analysis, and an operations plan covering location, market analysis, and a sales and marketing strategy. The plan also addresses risk management, financial projections, and funding plans, emphasizing customer satisfaction and loyalty. The company aims to differentiate itself through superior quality, competitive pricing, and convenient delivery options, leveraging online platforms and partnerships to optimize operations and minimize costs. The business model focuses on efficient transportation and delivery, utilizing innovative packaging and technology to ensure product quality and customer satisfaction, positioning the company for growth in the competitive food market.
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Entrepreneurship
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Executive Summary
Takeaway Pizza, Inc. is taking another pizza and starting transportation management in the Local
Bay area of the city. It's just a family business. Take-Out Pizza, Inc.'s owner has worked in the
financial business for ten years.
Their concept is to meet or surpass customer expectations for a high-quality pizza that is served
or delivered on time and in the way agreed upon. The group encompasses a ten-thousand-square-
mile region with over 500,000 inhabitants and a constantly growing population. The company is
well-suited, with a high level of visibility and considerable client growth.. Likewise, the rent
represented in this arrangement is higher than in various parts of the city.
Takeaway Pizza, Inc. costs won't affect your face. We know we can't afford to pay. That's why
we like to explore customer perceptions and our substitution abilities, choose which assumptions
we can reasonably satisfy, then, at that point, set a point to seriously overcome. Following that,
we will undoubtedly want to retain and improve client loyalty as a solid platform for future
growth.
The entire transportation cycle will be controlled by five large web hosting firms with excellent
local references, and we can choose to be one of their partner providers. We can save money on
transportation and coordination while also taking use of the internet's openness. Furthermore, the
carriers utilize their own cars, which eliminate the need for the firm to purchase transport
vehicles or hire drivers.
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Table of Contents
Executive Summary.........................................................................................................................2
1. Business Details...........................................................................................................................4
2. Location.......................................................................................................................................5
3. Market / Industry analysis...........................................................................................................5
4. Product/Service Description........................................................................................................6
5. Competitor analysis.....................................................................................................................7
6. Operations Plan............................................................................................................................8
7. Risk and Contingency plans........................................................................................................9
8. Sales and Marketing strategy.....................................................................................................10
9. Finance and funding plans.........................................................................................................12
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1. Business Details
The Pizza Takeaway, Inc. is a normal meal cafe, rather than a semi-formal cafe with table
service, where clients order food and beverages at the counter. Standing personnel are excluded
from our work group. Take-Out Pizza, Inc. is a new company which is managed by bringing
residents of the Local Bay area a gorgeous New York-style pizza, in a way that creates
reasonable and fair results for current and future owners and better value respect our customers.
We have some experience in preparing and offering a unique range of pizzas.
The Local Bay area has undergone significant development in recent years. More than 1,000,000
residents live nearby. Neighboring groups are gradually taking advantage of this new
opportunity. We are opening another pizza pickup and shipping service that enters the Bay Area.
At the moment, the closest pizzeria is a long way from our recommended area in the Local Bay
area. Takeaway Pizza, Inc. provides something innovative at a fair price, and it arrives to the
customer's door on time. Takeaway Pizza, Inc. offers sauces, sodas, organic juices, and desserts
in addition to New York-style pizza.
We utilise great arrangement and bespoke plans to design the pizza. Because we want to spend
our money in big, long-term facilities, our culinary staff will have access to innovative and state-
of-the-art appliances for energy efficient food preparation. The pizza can be served either warm
or cold. During transit, the unique package provides quality assurance and maintenance. The
package's warm-up instructions are also recalled, as are a variety of customer-requested goods
including sodas, snacks, and other goodies.
The whole transportation encounter will be guided by five main benefits of an online restaurant
with excellent references in the local Bay region, and we can choose to be one of their partners.
We can save money on transportation and coordination expenditures while also taking use of our
facilities' high openness to the internet. Furthermore, the carriers utilize their own cars, which
eliminates the need for the firm to purchase transport vehicles or hire drivers.
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2. Location
The location includes porch area having high demand for Pizza. The location will be in the
centre of the city from where it will be convenient to cover maximum area without any delay in
delivery. After months of searching for a suitable location, the owners decided to lease a
company space in a densely populated area of Local Bay.
3. Market / Industry analysis
The Local Bay area is a low-class working area with more than 1,000,000 inhabitants. There are
about 500 organizations near our area. Most of these residents are groups of at least three. The
standard seat fee is $ 45,000. The blast into space is largely due to new industry and open door
work at the city's Local Bay Business Park. Comparative food management organizations that
are generally good with this population have demonstrated the potential of Take-Out Pizza, Inc.
As development continues nearby, there will be freedom to expand Local Bay residents. The
organization offers people, but also recognizes some temporary food careers for nearby people
and organizations. We estimate that people (sales messengers) receive over 90% of our contracts,
with the remainder going to current and prospective companies (business messengers).
Furthermore, on a regular basis, corporate customers place larger orders for their manufacturers'
specific needs or business time.
The Bay Area has a thriving food economy, but it is not without its problems and weaknesses.
With an annual value of around $ 113 billion, the food economy employs nearly a million
people, about 13% of the local workforce. However, the average pay is 64% lower than the
average local salary. The hallmark of the food economy is the very wide range of business
openings. The 38,500 food bases include organizations from small food businesses to established
camps for global food and drink partnerships, from small metropolitan farms to developing
ranches for dispatch, from nearby food colleagues handed over to basic public chains and from
ethnic restaurants to neighborhoods to top food list.
However, even with the loss of the region’s food businesses, there are some effects in the value
chain, for example, food handling and distribution agencies being pushed for a reasonable place
in high value premises markets; lack of skilled labor in a large proportion of food premises and a
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shortage of food company nurseries, driven by the growing number of independent businesses
trying to enter the shopping center.
4. Product/Service Description
Takeaway Pizza, Inc. offers a wide selection of New York-style pizza, as well as sauces, sodas,
organic juices and desserts. New York-style pizza began in Manhattan, New York in the mid-
1900s. This is just an American-style pizza that resembles Naples, Italy. This type of pizza is
known for having narrow, wide and folded cuts. Arrangements include tomato juice and cheddar
mozzarella. Extra toppings are placed on the cheddar side of the pizza. New York-style pizza is
usually hand tossed, lightly sifted, and the cuts are often eaten down to one and a half drops, like
street flavors. It stands out from other American pizzas with its characteristic shell, made with
bread flour with high gluten content with a recognizable flavor.
Pizza is sold to hare or to whole kittens. The cuts, taken from a large pizza, which measures
about 18 strips, are cut into 8 cuts. When sold by the slice, we can offer both "normal" and
"normal" pizza, and with different configurations. We regularly keep simple things on hand and
want to give our customers different side dishes, simply by introducing them, before using or
reheating them. New York-style pizza is presented with packaging, for example, stewed chili,
oregano, and parmesan cheddar or garlic powder, accessible to the customer to put on top of the
cut. Despite the pizza, we also offer other items for the table, such as pastries in batter, soft
drinks, breadsticks and pastries. The pizza is served at the counter, for delivery, or delivered to
the place indicated in our courier's orders. We take orders online, by phone or in our area.
For transport we offer simple 18 inch cakes. The cuts are fixed and the packaging allows our
customers to remove individual cuts from their refrigerators when needed. The cakes are also
packaged in sealed cooling gel packs. That way, the buyer will definitely want to put them in a
preheated broiler (heating instructions are remembered for the package) or soak them for some
time in the future. The pizza can be transported in the refrigerated, but also hot, depending on the
customer’s inclination.
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5. Competitor analysis
Currently, the closest specialized pizza restaurant is a long way from our intended area in the
Local Bay area. Takeaway Pizza, Inc. offers an advanced item, at a reasonable cost, and hot or
cold delivery, regularly on schedule, to the customer's entrance. However, there are five
restaurants crossing, near our recommended area, which include pizza among other menu items.
The nature of their items is not the same as the New York-style pizza we offer, but we could
consider them as contenders as they offer better cost (for lower quality) and are located within a
one-mile radius of our pizzeria.
Other major controversies that have made us famous in the Local Bay area are: Pizza Concepts.
According to our market research (see Appendix M), we separate ourselves from them by
providing superior quality pizza at reasonable cost and by providing both hot and normal non-
refrigerated bundle pizza at the customer's entrance.
Most of the advantages of our competitors are that their names and logos are well-known for
their long-standing business. Like McDonald's, for example, it is considered a globally
accessible brand in many countries on the planet and offers premium standards, space and
advertising in all markets worldwide. That's why McDonald's is considered one of the most
famous and respected brands on the planet in any industry. In addition, their cheap food is very
tasty, and they work well for their customer. Their price is also moderate so their product is all
people can buy. For example, Pizza Hut is a market leader in the delivery of various pizza
products. The big picture is making the society stronger. Pizza Hut offers appropriate flavors,
quality produce with trained staff, great climate and clean climate. While our competitors have
the cracks, customers can feel tired because they will be eating a similar product for a while. As
for now, they should change their appetite and continue with other types of cheap food;
something new as our organization. Either way, the way Pizza Hut has a bar to run is also a fault.
Pizza Hut has higher costs and Pizza Hut is not the lowest cost representative. They rely on their
quality pizza and great help to account for their higher costs. Because our organization provides
cheap, tasty food with a lower value, this can lead to the customer coming to us, especially the
subscribers. As a proxy, they have their own financial plan and do not spend much on food.
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6. Operations Plan
Rent: the business will be rented in August 2009 for a minimum of five years, with the option of
extending the rent for another five years thereafter.
Kitchen supplies include utensils and additional items regularly required for a pizza creation and
management office and include:
Food preparation: wrappers, mixers, gloves, stock containers, plate, counter tops, mixers, sorting
bottles, cleaning products and tools, cutlery, pots and pans, crystal, paper, pizza plate and so on
Pizza Tools: Provides paper, stove brush, popper, pizza dish drainer, pizza separator and other
special items
Household appliances: kitchen utensils, wire cutters, cutting tools, rocker blades and so on
The kitchen equipment basically includes the pizza grill, the pizza batter hardware (advanced
scale, blender, ducker mixer, programmable mixing press, pizza dough sheeted, handmade pizza
press), buyer for the pizza display, cards for refrigeration preparation, refrigerators, a pack of
coolers and a table with infrared heat. $ 50,000 of hardware (long-range facilities) will be
discounted over the next five years, using the linear reduction strategy. A full version of the
hardware to purchase, including costs and terms, will be accessible for both financial support and
banking thinking.
Other discounted items include neon pizza signs, tables and chairs, espresso makers, espresso
channels, tea machines, juice containers, cleaning hardware, washing machines and so on.
Stocks available at the time of the discount include special elements for making pizza, flour,
flavors and preparations for pizza, sauces, juice and other fizzy drinks, espresso, tea, side dishes,
cheddar parmesan, batters, breadcrumbs and the usual desserts that may be needed along with the
main menu item. It also covers the materials used in crushing, sales and transport and ancillary
supplies.
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The cost of incorporating corporate risk protection is initially set at $ 1,500 for the first two
months and will also be contracted by the insurance company. It is paid off by regular direct
debit.
Promotional costs are initially valued at $ 1,800 and will be used for a variety of display and
advertising materials.
Legitimate costs include business development, advice and assistance, required consent surveys,
and general business ideas. Office supplies include workspaces, documents, tapes, logs,
structures and so on
Licensing costs are the additional costs incurred by legitimate employees in the Local Bay area.
Some pizza hardware manufacturers and suppliers are based in the US. Special traders will be
selected soon, due to poor bid availability. Each of the selected manufacturers manufactures and
supplies high quality, energy efficient kitchen and bar hardware, and is fundamentally
competitive over costs.
7. Risk and Contingency plans
It is that these objectives have not been possible adjustments have been associated with the
definition of the necessary objectives. The flower has chosen to set a zone sufficient for the
financial conditions and goals. For both contracts and cash targets, a negative transfer of 10%
from contracts and extended earnings from resources will be guaranteed. However, if the
contractual targets and profit margins are below 90% of the forecast, some moves will be made.
Questions include:
1. for inadequate contract rates in the main year: Pizza fights this problem by multiplying
Whipped Dream's internal updates in Antlers and Hugo. The flower will be with and to
orchestrate and will complete these promotions at the end of the week in optimal purchase times.
If the contracts do not promote within one month of the Fancy's Foods promotions it will be
weekly store vouchers for one month.
2. for inadequate contract rates in the city: After six months of product display in these two
metropolitan regions, contracts will be evaluated. If it doesn't reap satisfactory levels, Pizza will
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consider contracting with nearby entertainment experts in the capital to complete internal
improvements and promote products in stores. This legal relationship is based on contractual
commissions, thus encouraging experts to create contracts.
3. for unsatisfactory company liquidity: If the company requires liquidity, Pizza will review their
account disposal systems to ensure that the installment times are simple and that the allowances
are met the unique way. In addition, revenue projections are analyzed to determine whether
unforeseen cash outlets / costs are adversely affecting the company's financial quality.
4. For Invalid Value Profits: If the returns on assets and value of owners fall below reasonable
levels, Take-out Pizza will first review and revise the costs of each unit of creation and
promotion with the costs of the offers. In case the margins are too thin, an increase in cost for
products sold in strong / connoisseur stores will be considered. In any case, despite the fact that
the establishment of undeveloped agents is currently at lower costs, the business lost as a result
of higher costs can make such an option unauthorized for products sold in the grocery store. So
Pizza Out will review the openings to include construction costs and explore the various display /
circulation options.
8. Sales and Marketing strategy
Takeaway Pizza, Inc. entering its target market, low-class residents to work in the Local Bay
area, along with neighborhood groups located inside or outside the Local Bay Business Park.
Usually, according to our market analysis, individual customers prefer to order a pizza more than
once a month, as a casual option over an expensive and boring lunch or dinner. Groups like to
organize pizza for their employees or at various events or less restricted business hours. We will
do our best to create a respectable picture from that focus of market opinion, offering pizza, and
lodging, convenient modes of transport, administrative grandeur and partnering with nearby
organizations and associations - another interesting aspect of our territory.
Our approach is based on providing a solid offering for customers in a specific market. We hope
to offer the town of Local Bay and it's just another decision in other pizza options. We are
building our advertising structure so that we can eventually reach more customers with a similar
pizza offer. We rely on meeting the requirements of low-level residents and business groups
inside or outside the Local Bay Business Park. We intend to use various forms of promotional
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communication as an effective way to reach our target market and raise awareness of Take-Out
Pizza, Inc. and their pizza management offerings.
Additionally, Take-Out Pizza, Inc. will use feasible advertising tools to promote the sector. The
Local Bay flyer is a standard way of promoting nearby. We also employ people to maintain
signage near the Local Bay Business Park. Promoting an access treatment booklet can be helpful
in all areas of the Local Bay.
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9. Finance and funding plans
As indicated by our traditional evaluations, Take-Out Pizza, Inc. maintains a difficult financial position for the next five years. The
agreement follows the ongoing financial development of our organization. The business will initially be funded with a five-year credit
of $ 30,000 and a full equity profit of $ 101,500 (John and Lisa Walker $ 36,000 each, plus $ 29,500 from a lender). The source for
repaying the credit is the proceeds from the fund. The organization also funds development through revenue. After five years, the
group wants to improve further. By then, it is thought that an attempt will be made to promote a bank or value subsidy to support the
new turn of events, despite the backlog of revenue.
Projected cash flow
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