Arvin D. Tabutol
Arvin D. Tabutol
TABUTOL
BSCE 5B CE TE 1
Technical Electives 1 (Entrepreneurship for Engineers)
Use the following outline to summarize your business planning decisions. Title each section of
your written plan as indicated in the outline. Write, in your own words. Answers to the
questions listed. Each question can be the start of a new paragraph.
2) Describe the history of your business if it is an existing business, or how you developed your
idea to start a new business.
4) Describe your experience in this business and how it will help you succeed.
B) MARKETING PLAN
1) Products or Services
II) What are the features and benefits of your products or services?
III) How will your product be made or how will your services be provided?
2) Distribution
3) Industry
4) Customers
I) Who are your customers- what does your customer profile look like?
II) How many customers will your business have?
III) What information do you have that supports your decisions about your customers?
IV) What is the growth potential for this business? What is your plan for growth?
5) Competition
6) Position
II) What is your competitive advantage- why will customers buy from you instead of the
competition?
III) What do your business cards and promotional material look like
IV) Where will your business be located, and why did you choose this location? Include a
sketch of your floor plan.
8) Pricing
9) Marketing Goals
I) What is your dream-where do you see your business in the next 2 to 5 years.
Example goals:
C) MANAGEMENT DESCRIPTION
3) If employees, how many will you have and what will their duties be?
5) Who will your lawyer, accountant, insurance agent, and other advisory team members be?
6) How will you manage your record keeping, finances, and inventory?
8) What types of payments will you accept (cash, check, credit cards, house accounts, etc.)?
10) What contingency plans have you made for the business?
I) What will you do if sales are not what you expected? What will you do to increase them?
II) What will you do if costs are higher then you expected? What will you do to decrease them?
III) How will you make decisions to continue to stabilize or increase your cash flow and
profits?
11. Make a Draft of your organizational chart for your business proposal and indicate the
functions of each position.
Business Plan Summary
The Arvin D’s Restaurant (AD’s) a partnership business will be a moderately priced
50 seat restaurant offering family style food and service and 24/7 open. Serving broasted
chicken, pot roast, steaks and pork chops along with classic hamburgers, wraps and generous
salads are all on the menu. We will offer specialty selections including a lighter options and
smaller portions for a children’s menu.
The restaurant will be family owned and operated by Arvin and Natalie. The Wrights
will be leasing a 400 square meter space located at Bantay, Ilocos Sur, The location will also
require some additional renovation to update the lavatories and increase table space in the
dining area. There will be a good ambiance at night and a clean healthy environment dedicated
for tourists. The décor will feature wood accented chairs with blue and white checked table
cloths. Dinner style tables will be surrounded by wooden chairs with comfortable seating
cushions.
The experience of I and Natalie isn’t much that long but with the help of good
management for the business for recruiting skilled and a very dedicated cook and chef will help
rise and promote the reputation of the restaurant.
Business Objective
The primary objectives of the business plan for Restaurant are below:
•To be the premier home-style restaurant in western Fort Worth, Texas
•To provide quality meals at reasonable prices with exemplary service
•Achieve Cover ratios of 1.00X at each lunch and dinner serving
•To provide satisfaction to the costumers
Marketing plan
1. Products Or Services
Arvin D’s Restaurant will provide traditional home-based food services. will be
serving broasted chicken, pot roast, steaks and pork chops along with classic hamburgers,
wraps and generous salads. And including hiring and recruiting employees that are expert
in this field work. That atleast should be 2 years of experience as cook and at least a year
of experience in waiter or waitress.
The feature of the product comprise 3 main specialties, the spicy, the sweet and the
super spicy challenge where there will be a challenge feature on the menu for which you
will need to finish up the ordered food in an allotted time and price will be given and extre
penalty for the food not cleaned or eaten in the allotted time.
The services and food are not that easy to find and provide for which the materials and
ingredients are not rare and can be ordered through market and some ingredient providers.
There will be bidding of engredients for the restaurant for which will be analyze and
criticize the bidder’s benefits.
The products changes some of its feature every season that should fit on the weather
and it’s season. Costumers would likely choose to order cold-delicacies when the season is
hot or when it is summer, and they would also prefer ordering soups and noodle-type food
or food that warmth the body when the weather is cold and on its rainy season. The
restaurant will adopt changes in menu for which the costumer’s taste and type will fit to it.
2. Distribution
The Arvin D’s Restaurant provides fast food delicacies for foods that could took
only a few minutes to prepare for the costumers. The restaurant are not that famous in
terms of drive thru since restaurant are supposedly for meeting and for dining purposes but
Arvin D’s Restaurant will provide and benefit the costumer through drive thru feature
for an easy and less hassle distribution of food.
3. Industry
The restaurant’s feature changes how the season and the weather changes therefore
the industry of the business will consistently match to its future.
4. Costumers
Costumers are always the main element of a business, services and products should fit
and satisfy the needs and wants of a costumer in a business.
5. Competition
The restaurant is also focused on the location, Location based competition such as the
only coffee shop at an airport.
6. Position
The restaurants image will be promoted through ads and billboards. Containing its
location and image of the structure that is built
8. Pricing
Pricing is adjusted on the location and some time of duration after the business has
begun
9. Marketing Goals
The landscape of restaurant business has been radically transformed by the advent
of digital technology. No longer do restaurant owners depend on the traditional word of
mouth to market their restaurants. Most restaurants I’ve walked into lately seem to be
taking advantage of the digital media and mobile technology. While some of these
restaurants are getting it right, majority are struggling to get their restaurants marketing
strategy on track.
1. Go Social
We are in the era of food porn and social media platforms are bustling with several
pictures of delicacies that make the thriftiest of people spend some extra dollars.
2. Get a Website
Having a website for your restaurant business is equivalent to having a food shop in
every part of the world. If you want your restaurant to grow big, then you’ve got to get a
professional
Offering contests are a good way to spread the word about your restaurant. I would
recommend and offline/online contest..
One of the greatest marketing strategies today is leveraging on the network of other
businesses.
Several food apps have sprung up over the years due to popular demand by
consumers. No longer do consumers have to go through boring directories or surf the
web for long minutes to find a suitable place to eat.
MANAGEMENT DESCRIPTION
Restaurant managers are responsible for overseeing the efficient running and
profitability of restaurants and for managing their employees. Specific duties and the amount of
customer/staff contact vary according to the size of employer: managers in larger organizations
may be mostly office-based, whereas managers of smaller establishments often have frequent
contact with both customers and employees.
3) If employees, how many will you have and what will their duties be?
- I will hire the most efficient and most experienced employee and also recruiting
trainer for the future employees of the restaurant
5) Who will your lawyer, accountant, insurance agent, and other advisory team members be?
- I will recruit
6) How will you manage your record keeping, finances, and inventory?
- the secretary and treasurer will have the responsible for this
-the sanitation clearance, business permit, BIR, NBI clearance and clearance permit.
8) What types of payments will you accept (cash, check, credit cards, house accounts, etc.)?
-cash and credit cards only
-offcourse the 2nd lower position than I as the owner, if the 2nd lower position is not
present, then the next lower position will take over for the mean time of my leave.
10) What contingency plans have you made for the business?
-there will be changes as time goes by for the business
I) What will you do if sales are not what you expected? What will you do to increase them?
-analysis will be taken for the business, if the problem is determined, solve it and make
adjustments for the food and make improvement on the menu list.
II) What will you do if costs are higher then you expected? What will you do to decrease them?
III) How will you make decisions to continue to stabilize or increase your cash flow and
profits?
11. Make a Draft of your organizational chart for your business proposal and indicate the
functions of each position.