Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
business aims and objectives
concept of organisational goals
business aims and objectives
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: business aims and objectives
This project is about to start a new restaurant in Auckland. A wealthy entrepreneur has hired me as a marketing manager and provided me the details of organisational goals and objectives of marketing. He has also estimated the sales of $3000 per week to run restaurant in profit. Organisational Goals: To establish a unique dining experience that the target market will come to know as one of their favourite value-for-money restaurants in town. Marketing Objectives: Awareness To have at least 50% of the target market aware of the restaurant by the end of the first year of operation. Recall That at least 40% of the target market can recall the restaurant’s logo by the end of the first year of operation. Customer Attitude Objective At least 90% of customers are satisfied with their dining experience every month. Sales/Revenue Objectives To have the restaurant break-even by the end of the first quarter of operation. Ques: 1Briefly introduce your restaurant outlining the following background information: And: 1.1 Its name 1.2 Its location 1.3 style/range of food 1.1 NAME The business we going to start is an Indian restaurant and the name of the restaurant is ‘Indian curry’ as we all know Indian food is famous because of its curries. Moreover, curries are also famous among Europeans. So we will try to target European segment first. As we know they are liberal in nature so they would not mind to pay much for delicious food. There will be 75 seats with the fine dining. ‘Indian Curry’ will provide the friendliest service to our customers. 1.2 LOCATION Now we have to choose the location to set up our restaurant. I will open my restaurant in Takapuna. According to the research of entrepreneur we get know... ... middle of paper ... ...ety of food to the customers. We have almost every type of food for every citizens.i also have the facility of online takeaways as well. Advertising of the restaurant is very important too. We can place couple of banners around the places where there is a lot of population and we can also make couple of blogs and pages on social networking sites as well. This method would be very effective and efficient and in this way ,the name would spread and reach out to many people. The ambience of restaurant plays an important role in marketing of the restaurant too.if the ambience is good,people will surely get attracted to the restaurant and people will come in good numbers.the location of the restaurant plays an effective role too .if the restauranr is placed on the area where the population is good,people will automatically prefer to go to the place which is the nearest.
When different kinds of menu for lunch and dinner are included, there is an opportunity for attraction of more clients in the new outlet
Dave Thomas an American restaurateur and a philanthropist once said, “It all comes back to the basic. Serve customers the best-tasting food at a good value in a clean, comfortable restaurant, and they'll keep coming back.” (thomas). Everyone can agree on Dave Thomas, but I have a couple more criteria to add to his idea of a great successful restaurant. If I go out to eat I might as well pick a place that, though may be expensive, has scrumptious food because why bother going to spend money on food you can make yourself? A great restaurant has to meet three of my criteria’s: the Décor and atmosphere, impeccable service and cleanliness, and most importantly the food.
Missing Stakeholders: The mission statement leaves out critical stakeholders, specifically customers and their dining experience, and employees and their employment
The Foodco Recognize the high potential for catering operations and other lucrative opportunities in the hospitality sector. The group went on to establish Sense Gourmet in the year 2005 with the ultimate purpose of setting up high-potential restaurants across the MENA, GCC and South Asia regions. After its launch the Sense Gourmet signed a contract wi...
There is a larger number and types of entrants in the market Fine Dining Restaurants-Casual Dining Restaurants-Quick- Service Restaurants. Landscape of primary location is also a threat; there is a lack of customer parking which could possibly result in lower numbers of customers. Climate may also affect the businesses in general, low peak season and bad weather can cause problems for the business market if bad weather is expected, customers are more reluctant to go outside if not necessary. Potential entrants and encroaching concepts are also a concern due to factors such as low consumer switching and brand not being well known. Cost is also a threat although the primary target market is higher-wage earners consumers with less income will not frequent Rooms for Dessert they will seek substitute
The primary marketing objectives are to increase awareness of the business by 10% in the next month and to successfully launch and attract 3000 customers in the next 3 months. However, the primary financial objective is to generate first-year sales of 1,500,000.
This marketing plan serves as a means to raise capital for establishing Eat to Feed, a café/pub located in Hamra, the heart of Beirut. The investment amount we need sums up to $350,000. We will require $200,000 in fixed costs for the first year, $70,000 for advertising, and finally, $80,000 for the general accomplishment of the marketing plan.
From a food and beverage manager's perspective - What are the important characteristics and procedures of a food and beverage establishment in relation to its size, type, market, design, planning and organization?
Whether it is marketing within franchised restaurants or major retail banks, marketing plays a large role in providing assistance for companies to reach goals such as high profit. Subway sandwiches, a world-wide franchised restaurant, uses marketing and marketing tools not only for increased sales but to create an image in the consumers mind. This essay will define and discuss positioning, as well as a case study on how the Subway franchise has positioned their product. As one cannot climb a mountain from the top, market segmentation and market targeting will be looked at in order for better understanding on positioning.
Pinoy’s Taste is a Food Eatery that is engaging primarily on offering Traditional Filipino grilled dishes to different customer. This Business concept was built by the 3 business partner namely Nicolo, Tim and Rj because they observed that most of the students and professionals eat grilled dishes, so they came up with the idea of putting up a fast food eatery but not the usual “carinderia” but having its core product of Grilled dishes together with its Filipino themed ambiance. Pinoy’s taste will position its product with reasonable price range, quality and fast service food. Targeting around UST as the location of Pinoy’s taste is good choice because of the fact that there is
From marketing perspective, LOCATION for the fast food service to the potential customers is most important according to Maritz Marketing Research. The recent study showed the location has to be convenient. The analysis said that adults under the age of 65 prefer convenient location for their fast food. They need their service to be in “an arm distanced”, which means the convenient location helps customers save their time, traveling cost. For the fast food chain companies, locating the branches to reach customer becomes a positioning strategy.
The governments should consider about the sustainable development. First of all, to prevent the huge pollution problems, government should hire more cleaners to clean the destination, by the way, they can also appeal to the tourists not to make too much rubbish by using slogans or advertisements. Slogans and advertisements can easily cause the tourists’ public spirit and make them be more politely. Secondly, government can making advertising videos to attract tourists come to the destination. It can be actualized by combining with other types of tourism. For example, when develop the tourist attractions, restaurants and bars can be built nearby, and in the promotions, the delicious food and wine, high-quality restaurants and bars can all be recommended. Food and wine can be a considerable factor when the tourists select their destination, but it is hard for them to find some good place to eat. Making advertising videos with food and wine or make apps that can recommend tasty local food are good ways to motivate tourists. Thirdly, the restaurants and bars themselves should improve their own qualities and provide perfect service and products for their consumers. For example, the tourism department of government can launch some cultivate courses for the staffs so that they can learn how to make consumers feel good and even want to come back to the destination again. In the meantime, from
...ded once they see that the sales will be increasing and tips will be larger. Good staff will increase good public relations which will result in better business. Marketing a restaurant is the most important part in running a restaurant. If a restaurant is not marketed, no one will know about the restaurant causing it to lose money to operate forcing it to close down. Prices on the menu should always be appealing to the restaurant target market and set towards the products on the menu. It is essential that a restaurant develops its staff to the fullest, for a strong staff creates better sales and the public is pleased .
Entering into a business in general can be quite a challenge especially when an entrepreneur still lacks enough knowledge and experience in business. The study came up with a model that would determine if the franchise will succeed or fail. The researchers also cited some of the factors that may affect the economic sustainability of the franchise. The experience background of the franchisor contributes greatly to the viability of the business because: first, franchise business concepts are developed by the franchisor in a standardized manner although these concepts are subject to change by acquiring a first-hand experience with meeting the clients and adapting to their needs and; second, with the experience acquired by the franchisor through the years, the risk of committing errors are less likely to
It will provide entrepreneurs with a competitive edge that will prove invaluable in helping them seek the opportunity in this unexplored area of business. Through this research project one can study the opportunities and potential for Fast Food Restaurant Services in India. Since not too much of research is carried on in this area in India, there is a huge scope for this market and it could be useful for any budding entrepreneur who is interested in this industry.