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Entrepreneurial Action - Coursework Example
Author : lottiedooley
Finance & Accounting
Pages 11 (2761 words)
Solo Pasta Restaurant Holloway Road N7 Business Plan MN2E03 Entrepreneurial Action 01/16/11 ID: 100045623 Title Page Number 1. Executive Summary 1 2. Business Idea concept 1 3…
Future Plans 10 14. Funding request 10 15. Exit strategies 10 Executive Summary Solo Pasta Restaurant is a pasta restaurant located on Holloway Road 7N. The business is owned by four partners that contributed equally to fund the business. Our aim is to grow the business seeing profits in the first year and build recognition and awareness of the business. Ultimately we plan to expand into other markets. Competition is mainly from fast food eateries i.e. McDonalds and a new business that will compete directly with us. Business Idea Concept Solo Pasta Restaurant will serve a variety of pasta, sauces, vegetables and meat. Our service will be unique in that the customers can design his pasta bowl with whatever they want on the pasta. It will seat forty (40) patrons and employ four (4) employees. The planned target market would be first students, because of the location and working adults, as these are the two groups of people that eat out the most. Solo Pasta will offer a twenty percent (20%) discount to college students. Solo Pasta will employ skilled workers that can provide for fast friendly service and produce quality foods. In addition to the pasta dishes, Solo Pasta will offer hot drinks and breakfast baguettes. Mission Solo Pasta Restaurant’s mission is to provide quality products with fast friendly service. ...