Professional Documents
Culture Documents
Final Business Documentation
Final Business Documentation
1. Introduction
Purpose of Documentation
Scope and Objectives
2. Business Overview
Mission Statement
Vision Statement
Business Model Canvas
3. Market Analysis
Target Market Identification
Competitor Analysis
4. Business Operations
Legal Structure
Location and Facilities
Production Process
5. Marketing Strategy
Branding and Positioning
Marketing Mix (Product, Price, Place, Promotion)
Sales Strategy
6. Financial Planning
Start-up Costs
Revenue Projections
Expenses Forecast
7. Appendices
Additional Resources (Customer’s Feedback, Picture with Customers, and
Productions, Poster)
Supporting Documentation (Capital, Revenue, and Net Revenue)
Glossary of Terms
Our mission at Milagros catering is to [briefly describe the purpose and core values of the
business. We are committed to experience employment empowering to the younger generation
and help maintain happy homes through good food, services and excellent cooking. Through our
unwavering dedication to using high-quality, fresh ingredients is essential for delivering
delicious and memorable dishes. Whether it's locally sourced produce, sustainable seafood, or
premium meats, quality ingredients elevate the overall dining experience, we strive to regularly
seeking feedback from clients and guests allows caterers to continuously improve their services
and offerings, ensuring that they stay competitive and deliver exceptional experiences.
Vision Statement
The Business Model Canvas provides a concise overview of [Business Name]'s key components
and how they create, deliver, and capture value. It consists of the following elements:
1. Key Activities: Specify the key activities that your business must perform to
create and deliver value to customers. Include product development, marketing,
sales, customer service, or distribution.
2. Key Resources: Identify the key resources required to deliver your value
proposition and operate your business. Gives physical assets, intellectual
property, human resources, technology, or strategic partnerships.
3. Value Proposition: Define the unique value that your product or service offers to
your target customers. What problem does it solve? What benefits does it
provide? Your value proposition should resonate with your customer segments.
4. Customer Segments: Identify the different groups of customers or market
segments that your business serves.
5. Channels: Through which you will reach and interact with your customers.
6. Customer Relationships: Establish and maintain relationships with your customers
provides self-service options, community engagement, or loyalty programs.
7. Revenue Streams: Outline the different sources of revenue for your business. This
could include one-time sales, recurring subscriptions, licensing fees, advertising
revenue, or affiliate commissions.
8. Cost Structure: Outline the costs associated with operating your business. This
could include fixed costs like rent, salaries and variable costs of materials,
The target market identification section focuses on defining the specific customer segments that
Milagros catering aims to serve. It includes the following elements:
Demographic Profile: Milagros catering enables caterers to develop customized menus, pricing
packages, and marketing strategies that resonate with their target demographic and attract
potential clients.
Competitor Analysis
The competitor analysis section examines the strengths, weaknesses, opportunities, and threats
posed by Milagros catering competitors. It includes the following components:
1. Competitor Identification:
Location: Urban areas may have a higher demand for catering services due to the
prevalence of corporate events, weddings, and social gatherings. In contrast, rural
areas may have a preference for catering services that specialize in outdoor
events like barbecues or farm-to-table dinners.
Event Type: Consider the type of events that individuals are likely to cater. This
could include weddings, corporate events, private parties, holiday gatherings, or
community events. Each event type may have unique catering preferences and
requirements, such as formal plated dinners for weddings or casual buffet-style
options for company picnics.
Cultural Backround: Influences food preferences and dietary restrictions.
Catering services may need to accommodate diverse cultural tastes and dietary
requirements, such as vegetarian, vegan, gluten-free, or halal options.
Large Chain Caterers: Large chain caterers may target a wide range of customer
segments, from corporate events to weddings and social gatherings. They
typically focus on efficiency, scalability, and standardized offerings to maintain
their market share.
The legal structure section outlines the formal framework within which [Business Name]
operates. It includes the following components:
The catering business is dependent on the landlord for lease renewals, property
maintenance, and compliance with lease terms. This dependency can pose risks if
the landlord is unresponsive or if there are disputes over lease terms.
Production Process
The production process section outlines the steps involved in manufacturing or delivering
[Business Name]'s products or services. It includes the following components:
The branding and positioning section outlines how Milagros Catering establishes its brand
identity and positions itself in the market. It includes the following components:
1. Brand Identity:
The logo is the visual centerpiece of a brand identity. It should be distinctive,
memorable, and reflective of the catering business's personality and values.
Consider elements such as typography, colors, symbols, and imagery that convey
the essence of your brand.
brand voice that communicates your catering business's unique value proposition,
personality, and positioning. Craft compelling taglines, slogans, and brand stories that
resonate with your target audience and differentiate your brand from competitors.
Our brand identity should extend to the entire customer experience, from the initial
inquiry to the event execution and beyond. Consistency in service, quality, and
communication reinforces your brand's promise and fosters trust and loyalty among
clients.
Create brand guidelines that document your brand identity elements, usage
guidelines, and standards for maintaining consistency. These guidelines serve as
a reference for internal and external stakeholders, ensuring cohesive brand
representation across all touchpoints.
2. Target Audience:
The start-up costs section outlines the initial expenses required to launch [Business Name] and
begin operations. It includes the following components:
1. One-time Costs:
Identify one-time or upfront expenses associated with starting the business, such
as:
I Licenses and Permits:
Business license: Required to legally operate a business in your jurisdiction.
Health department permits: Ensure compliance with food safety regulations.
Insurance:
General liability insurance: Protects against claims of property damage or
bodily injury.
Food liability insurance: Covers food-related incidents such as food
poisoning or allergic reactions.
Workers' compensation insurance: Required if hiring employees to cover
medical expenses and lost wages in case of work-related injuries.
Kitchen Equipment and Supplies:
Commercial-grade kitchen equipment such as ovens, stoves, refrigerators,
freezers, and food preparation tables.
Smallware’s including pots, pans, utensils, knives, cutting boards, and
mixing bowls.
Specialty equipment such as food processors, blenders, grills, and deep
fryers.
Kitchen Setup and Renovation:
Leasehold improvements: Renovations or upgrades to a leased kitchen
space to meet health department regulations and operational needs.
Shelving, storage racks, and organizational systems to optimize kitchen
efficiency.
Marketing and Branding:
Revenue Projections
The revenue projections section forecasts Milagros Catering's expected income over a specified
period. It includes the following elements:
1. Revenue Sources:
1. Retail Sales:
Revenue from selling retail products such as packaged foods, specialty
items, sauces, dressings, baked goods, and merchandise.
Retail sales can supplement catering revenue and provide opportunities
for branding, cross-promotion, and customer engagement.
1. Drop-off Catering:
Revenue generated from providing drop-off catering services for smaller
events, office lunches, luncheons, and private gatherings.
6. Pricing Strategy:
1. Understand Costs:
Calculate all costs associated with providing catering services, including
food and beverage costs, labor, overhead, equipment rental,
transportation, and administrative expenses.
Determine the desired profit margin and pricing objectives, considering
factors such as market competitiveness, target market segments, and
business goals.
2. Transparent Pricing:
Be transparent about pricing and clearly communicate pricing details,
including menu prices, service fees, additional charges, and payment
terms.
Avoid hidden fees or unexpected surcharges to maintain trust and
transparency with customers.
3. Value-Based Pricing:
Adopt a value-based pricing approach that aligns pricing with the
perceived value of your catering services to customers.
Communicate the unique value proposition of your catering business to
justify premium pricing and differentiate from competitors.
Expenses Forecast
The expenses forecast section estimates [Business Name]'s anticipated costs and expenditures
over a specified period. It includes the following components:
1. Variable Expenses:
Forecast the variable costs that fluctuate with business activity or production
levels, such as:
Cost of goods sold (COGS)
Sales commissions
Marketing and advertising expenses
Packaging and shipping costs
Cost of goods sold (COGS) P200,000
Sales commissions P280,000
Marketing and advertising expense P10,000
Packaging and shipping cost P20,000