Professional Documents
Culture Documents
Billz & Boonz: "Books and Fun All! in One"
Billz & Boonz: "Books and Fun All! in One"
GROUP MEMBERS:
RIDA FATIMA (6761)
PURPOSE:
We have started this business to earn revenue and also because cooking is our
hobby. We are going to start from low scale as we are new to the business and
less experienced. After being established for sometime then we will expend our
business. This business means a lot to us and we will make sure to run it smoothly
and properly.
INTRODUCTION:
The name of our business is BILLZ & BOONZ which covers both caf and books .As
the world is getting faster day by day; the book reading is being ignored, to bring
back value to the books and to the books lovers we have started this project so
that we give a comfortable environment with healthy snacks to our readers.
People irrespective of their age love to read books .but they need a cozy
environment where they can read without being interrupted so keeping this in
mind we are providing them with a clean and cozy environment with healthy
snacks.
VISION:
Our vision is to become one of the best and loved book cafes
MISSION:
We take pride in making perfect snacks and every time providing best books to
read and providing courteous and helpful service on time, all the time. Every
customer says, Ill be back!
CORE VALUES:
INTRODUCING PRODUCTS:
The products we are lunching are given below:
Coffee & Snacks
Books & Novals
GEOGRAPHIC
COUNTRY PAKISTAN
CITY KARACHI
DEMOGRAPHIC
AGE 16 AND ABOVE
GENDER MALE AND FEMALE
INCOME ALL CLASSES OF PEOPLE CAN AFFORD
OCCUPATION WORKING , NON WORKING AND STUDENTS
PSYCHOGRAPHIC
SOCIAL CLASS LOWER CLASS, MIDDLE CLASS, UPPER CLASS
LIFESTYLE ACHIEVERS
BEHAVIORAL
OCCASIONS EVERY OCASSION
BENEFITS SAFE AND HEALTHY, INCREASES GK
USER STATUS AWARE
READINESS STAGE INFORMED, INTRESTED, AWARE
ATTITUDE TOWARDS PRODUCT POSITIVE
MANEU:
COFFEE
TEA
FRESH JUICES
PIZZA (SMALL)
SANDWICHES
CAKE PIECES
DONUT
FILLED BUNS
TECHNOLOGY:
The technologies we are using are
SANDWICH MAKER
COMPUTERS
OVEN
VACUM CLEANER
BLENDER
JUICER EXTRACTOR
CITRUS JUICER
DEEP FREEZER
FRIDGE
DISPENSER
CAMRAS
MIXER
MICROWAVE
STOVE
A/C, FAN
LIGHTS
CREDIT CARD MACHINE
WIFI DEVICES
SECURITY ALARAMS
SWOT ANALYSIS:
STRENGTH:
Our strength is to provide healthy and tasty food which our customers can have
according to their likes and desire in a neat and clean environment. Our products
are healthy and nutritious and are of affordable price. Along with this we are also
providing books of different genres.
WEAKNESS:
Our weakness is that we are new and inexperienced in this business. We are not
well established like others and we have a weak social media presence as well.
Not only do this but we have enough capital and human resource due to this we
are starting from a small venture.
OPPORTUNITIES:
THREAT:
The main political factor is about sourcing the raw materials. For this reason, the
company wants to adhere to social and environmental norms. It is willing to follow
the sourcing strategies. It gives importance to fair trade practices. Another impact
is the need to follow the laws and regulations. Some other factors to consider
are:
Tax policy
Employment laws
ECONOMIC FACTORS:
Due to the tremendous increase in prices this has convinced buyers to shift to
cheaper alternatives. As they did not quit buying snacks and books, so we seek an
opportunity here. The company has to deal with rising labor and operational
costs. The inflationary environment and falling profitability is causing a lot of
stress. Some other economic factors which can affect billz & boonz are:
Local currency exchange rates
Local economic environment in different markets
Taxation level
SOCIAL FACTOR:
As already stated, we can offer cheaper products but it might have to sacrifice the
quality. This is the main socio-cultural challenge that the start-up faces. It will
expand consumer base to include the buyers from the lower and the middle-
income tiers. The baby boomer generation is retiring. This means spending by
older consumers will decrease. Now, we will have to tap the Gen X and the
Millennial as customers. Other socio-cultural factors to focus on are:
Changing family patterns
Consumer preferences
Changing work patterns
Changes in lifestyles of population
The level of education of the population in local markets
TECHNOLOGY FACTOR:
ENVIRONMENTAL FACTOR:
LEGAL FACTOR:
Billz&boonz must ensure that it does not violate any laws and regulations in the
home market and countries from where they buy raw materials. Others factors
that might affect the company are:
Introduction of stricter customs and trade regulations
Licensing regulations related to the industry.
COSMEC ANALYSIS:
CUNSUMER:
Our target Customers are over all population including working, as well as non
Working Population. We are introducing our product by keeping in mind the
customers needs and Wants. This outlet is great for book lovers. For improving
our business we also conduct feedback analysis.
OBJECTIVE OF COMPANY:
We buy our raw material from different sources like wholesale market, imtiaz,
meat one etc. as we are new and are not well established so we dont have share
holders now. At the moment we three are investing in business because we are
starting a small business when we will have enough experience and capital then
we will expand our business and ask for shareholders too.
MARKETING INTERMEDETRIES:
We are marketing our product by distributing palm flits and making banners. We
are also working on making pages on social media websites. As we are new we
dont have strong media support but we are trying are best to promote are
business.
EMPLOYEES:
As we are starting a small business we are not hiring many employees. We are
hiring a cook, two waiter , manager and sweeper for our business.
COMPITATORS:
We have very strong competitors in the business world which creates a tough
competition for us. As we are new and inexperienced we will need time to
stabilize our selves. To compete with them we are introducing new and unique
ideas.
We are following this type of strategy because we want to follow market trend,
secondly these strategies will give strength to our goals and we also believe that it
would be a starting point in business strategy formulation.
STRATEGY PRICING:
We have priced our product as such that everyone can afford it weather it is upper
class, middle class or lower class.
PROMOTIONAL STRATAGY:
PRODUCT:
We are promoting our product by making palm flits, bill boards and advertisement
throughout the country. We have distributed palm flits in all super markets and
local stores. We are also using social media websites.
SALES STRATAGY:
Our sales and market campaign to be most effective it must be focused on utilizing
local media platforms. The message must be Strong winning and clearly
understood by the market if budget allows usage of marketing agency can be
useful. Social and environmental responsibility is becoming a very important
factor of any business strategy.
HR AND MANAGEMENT REQUIREMENT:
Our HR policies include
Annual leave
Readjustment and retirement
Managing and mentoring performance
Compliance
OPERATIONS PLAN:
Snacks are that can be prepared and served very quickly. Operation plans typically
refer to food sold in a shop with fast preparations and served to the customers in
a packaged form for takeout or can be consumed at the shop. The operational
plan is an essential component to our business plan and it tells the reviewers how
we are going to get our product out to market. We have positioned our products
as value for money and quality snacks and books but at the same time we are not
serving our customers we want our customers to help themselves this strategy
will also work as word of mouth promotion where the experienced customer will
tell new customer creating a unique interest in the mind of potential customers.
Our management includes
Manager
Cooks
Quality manager
Quality supervisor
Maintenance
Cooks prepare in a prompt, safe and clean manner to ensure complete customer
satisfaction. Quality manager makes sure that good quality of raw material is
being used and food is made in a neat and clean environment. Supervisor keeps
an eye on everyone and keeps motivating the staff.
PRODUCTION AND OPERATING REQUIREMENT:
A snack which can be prepared very quickly as half of the thing used to produce
something is already ready or prepared now preparing a snack will start with
having all the necessary vegetables on its place which means having our
inventories on place. Once an order is received the associate behind the service
counter will begin to assemble the customer order based on sales data which will
be displayed on a monitor. Each associate behind the service counter will be
responsible for a certain aspects of the assembly line such as placing the
necessary ingredients in the bread, adding the required condiments and making
sure the meal is properly wrapped before delivery and set on a serving container.
FINANCIAL PROJECTION:
COSTING:
LIABELITIES:
Deferred Income Tax 270,000 297,000 326,700 359,376 395,316
OWNERs EQUITY
Paid-Up Capital 26,02,500 26,02,500 26,02,500 26,02,500 26,02,500
Retained Earning - 705,750 10,04,525 19,15,677 23,70,582
TOTAL EQUITY: 26,02,500 33,08,250 36,07,025 45,18,177 49,73,082
TOTAL LIABILITY 28,72,500 36,05,250 39,33,725 48,77,553 53,68,398
INCOME STATEMENT:
Year 1 Year 2 Year 3 Year 4 Year 5
PAYBACK PERIOD:
0 1 2 3 4 5
= 1.3 year
SALARY DISTRIBUTION:
S. Cook= 35,000
Cook= 25,000
Cashier= 8,000
Helper= 12,000