Wednesday 14 November 2012

Management Business Plan (Proposal)


Business name:
                      “Kid’s point”
Description:
o     Mission statement
To create a healthy relationship “sandwiched between” food and children.
o  Vision statement
Our vision to build and maintain customer oriented culture that will encourage and nurture service excellence through cleanliness, quality, and value to meet the expectations of our customers. Moreover dedicate ourselves in providing the highest quality food and service to children as well as their family. Promoting a nutritious and healthier life style that exceeds our client’s expectations; building a friendly environment where children would love to eat.
Goals and objectives of “kid’s point”
o  Market share:
Our objective is to attain at least 10% of market share in the first year of “kids point”.
o  Sales:
Our goal is to increase our sale every year by 10%.
o  Awareness:
Our goal is to create 10-20% awareness among the customers in the initial six months.
o  Provision of quality food:
Our object is to provide good quality and hygienic in comparison to other local restaurant and we aim to bring continuous improvement through new cuisine, games etc.

Market Segmentation:


Primary: Children from the age bracket 5-12 years.
Secondary: parents or elders accompanying their children would be our secondary market as they are the ones who make the purchase decision and have the buying authority.
Industry Analysis
o  In the past five years the restaurant industry has out-performed the national GNP 40%.
o  29% of the total production and 17% of total employment in the food manufacturing sector.
o  Retail sales of processed foods are expanding by 10% per year in recent years and are currently estimated at about $2.4 billion.
Usage of fast food during the day
o  Lunch (44%)
o  Morning snacks (40%)
o  Afternoon snack (31%)
o  Dinner (19%)
o  Evening snack (14%)
o  Breakfast (12%)
Consumption pattern
o  Annual consumption of chicken, meat and beef in PAKISTAN                     320 MILLION KGS
o  Considering present potential to be 3% in volume consumption                     9.6 MILLION KGS
o  Raw would be around 60% of total category                                                5.76 MILLION KGS 
                



 Competitor Analysis
Major competitors:
 KFC
   McDonalds
Other restaurants                                    

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