We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Small Business Plan - Research Paper Example

Comments (0) Cite this document
Summary
There are five founding owners who are going to invest 10 000 each for a total owner investment of 50 000. We will apply for a 100 000 loan either privately, or through the The Small Firms Loan Guarantee program1. While this amount and the initial owner investment combined is above the minimum costs required, there are many unforseen circumstances that can happen in the first year of a business's operation…
Download paper
GRAB THE BEST PAPER
Small Business Plan Research Paper
Read TextPreview

Extract of sample
Small Business Plan

By using the online grant selector on: a total of 79 grants were identified. We are estimating that a grant or a combination of grants totaling 10 000 or less than 10% of start up costs would be possible2.
The average cost of a lunch entree will be 10GBP, while the average cost of a dinner entree will be 15GBP. We expect the average lunch drink price to be 2GBP, with more lunch guests having coffee and tea than alcoholic beverages. During dinner we expect the average per person drink order to be 5GBP reflecting that the majority of guests will be having one or more alcoholic beverages. Thus the average per guest lunch ticket will be 12, and the average per guest dinner bill 20.
The busiest month of the year is predicted to be December at 115% of average monthly revenue. The next busiest month will be November, bringing in 110% of the average monthly revenue. January is typically the slowest month (especially after holiday shoppers receive their December credit card statements. As such, we expect only 90% of the monthly revenue in January. February is also slow, but has one of the busiest evenings of the year in Valentines Day, so it will do a healthy 95% of average monthly revenue. Labour and food costs are tied to revenue, and will adjust up and down accordingly.
For the first year we d...
Sales forecasts
SALES FORECAST






Seating Capacity

30

Usable capacity

0.8

Lunch




Turns
2


Customers served
48


Ave revenue/customer
12

Lunch Revenue

576





Dinner
Turns
3


Customers served
72


Ave revenue/customer
20

Dinner Revenue

1440

Daily Revenue

2016


Yearly and seasonal fluctuations in Revenue

The busiest month of the year is predicted to be December at 115% of average monthly revenue. The next busiest month will be November, bringing in 110% of the average monthly revenue. January is typically the slowest month (especially after holiday shoppers receive their December credit card statements. As such, we expect only 90% of the monthly revenue in January. February is also slow, but has one of the busiest evenings of the year in Valentines Day, so it will do a healthy 95% of average monthly revenue. Labour and food costs are tied to revenue, and will adjust up and down accordingly.
For the first year we do not expect to make what will become our typical monthly revenues. It takes time to build up a steady clientele. As such, we have adjusted each month's revenue during the first year down to 85% of expected. This adjustment is done after the seasonal adjustments discussed immediately above.


Details of Other costs


Lease



30 000
Wages





Manager
(35 000 GBP/yr)

2916.66

Head Cook
(25 000 GBP/yr)

2083.33

Assistant Cook
(8.5 GBP/hr - 28hrs/day)

3570

Dishwasher
(6.0GBP/hr - 14hrs/day)

2520

Servers
(6.0GBP/hr - 28hrs/day)

5040


WAGES TOTAL

16129.99

WAGES ADJUSTED FOR USAGE LEVEL


14516.99





General Operating Costs





Electricity


110

Heating


110

Telephone


60

Water


60

Office Supplies


40

Cleaning


300

Maintenance & ... Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Small Business Plan Research Paper Example | Topics and Well Written Essays - 3250 words”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/294618-small-business-plan-research-paper
(Small Business Plan Research Paper Example | Topics and Well Written Essays - 3250 Words)
https://studentshare.net/miscellaneous/294618-small-business-plan-research-paper.
“Small Business Plan Research Paper Example | Topics and Well Written Essays - 3250 Words”, n.d. https://studentshare.net/miscellaneous/294618-small-business-plan-research-paper.
  • Cited: 0 times
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
High Yield Junk Bonds Business Research Paper
Banks were asked to invest only to investment grade bonds that are equivalent to “BBB” or better on the Standard and Poor’s scale. Junk bonds are corporate bonds with highly unfavorable ratings from major rating agencies.
15 Pages(3750 words)Research Paper
Small business plan
In addition, business people who are value conscious will be able to appreciate the savings that our dual and triple SIM celphones can offer as it affords them an extra line without the additional cost of an extra phone. b) Personal users – Our secondary market will be personal celphone users or the general public.
4 Pages(1000 words)Research Paper
Small Business Literature review
Hence, governments aim to encourage every size of business for economic development. The large scale businesses are self sufficient and they are equipped with necessary resources like capital, machinery, human resources, technology etc. However, small size business
50 Pages(12500 words)Research Paper
Business Plan
ides the means to appraise the future and present of the business, make sure that the short term and long term objectives work out, and ensure that the objectives have been met. Toy Appendre is an infant Toy company which is on its way of producing a number of educational cum
18 Pages(4500 words)Research Paper
Small business plan 2
In addition, business people who are value conscious will be able to appreciate the savings that our dual and triple SIM celphones can offer as it affords them an extra line without the additional cost of an extra phone. The consumer’ behavior
4 Pages(1000 words)Research Paper
Small business and risks
The North American Industry Classification code sets up standards for each industry in relation to the definition of the size of the industry. In general, most industries are classified as
10 Pages(2500 words)Research Paper
Small business and risks
Like all other businesses, these entities are faced with a unique set of situations and circumstances. As such, such entities have to come up with unique and distinct solutions to their problems, issues and
10 Pages(2500 words)Research Paper
Financial Plan for Small Business
In context of business, a financial plan refer to its financial statements namely the income statement, balance sheet, and cash flow statement. After analysing historical data, financial forecasting is done to project expenses and incomes for the company or
5 Pages(1250 words)Research Paper
Research- managing small business
Small companies usually try to maximize their yields while spending less. Small and Medium Enterprises or SMEs play a vital role in the economic development of emerging countries such as Saudi Arabia.
12 Pages(3000 words)Research Paper
Business plan
The existing industry conditions of Switzerland have also been analysed. In order to develop suitable business strategies, it is also essential to frame adequate distribution channels. The marketing and implementation strategies for
16 Pages(4000 words)Research Paper
Let us find you another Research Paper on topic Small Business Plan Research Paper for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us