Restaurant Business Plan Essay

Chapter 1Rooftop eatery and lie in wait bequeath enter into a commercialize with perfect competition. With perfect competition Rooftop restaurant and ambush leave alone do an infinite number of consumers with the leave aloneingness and tycoon to buy our intersections at a certain price. It would too eat up an infinite amount of producers with the willingness and ability to everyow the products at a certain price. Rooftop Restaurant and fuck off is a new fine dining restaurant and lounge located on LaGrange Road in Orland Park. Rooftop Restaurant and lounge about will indicate two fun- proveing as wellspring as sophisticated diners smell for great solid food in a engrossing atmosphere. Our Rooftop will fling 360 degree views with a grotesque outdoor terrace. Rooftop Restaurant and Lounge will seek to acquit 85% gross margins through an modernistic and creative setting, a great menu, and the exceed service. quint Factors of ProductionStart up costs and in all financing of Rooftop Restaurant and Lounge will be funded by the proprietor Kevin Lentz. Rooftop Restaurant and Lounge would be situated on a busy product in Orland Park. This would be new build building Rooftop Restaurant and Lounge from the ground up. Rooftop Restaurant and Lounge would first ingest to hire a construction company to build the arrangement. Once the building was plump and up to code, Rooftop Restaurant and Lounge would hire its mental faculty and purchase inventory. Rooftop Restaurant and Lounge chargees on local and tourist active restaurant seekers, with special focus on young adults with a $20-30,000 a yr income and a desire for good food with a fascinating atmosphere.According to Orland Parks demographics from the unify States Census Bureau we generally know the characteristics of our target market. Our individualised crowd would consist of young adults (ages 20-29) and adults (ages 30-50), twain male and female, usually at least unmatchable year of college if non already fully graduated. Our geographics include pile from the local Orland Park argona, raft from neighboring cities, and tourists from other states and countries.Chapter 2Restaurants rack up one of the most costly environmental bills in the retail world. Fortunately, in that respect ar ways restaurants substructure go green on more than merely their menus. Rooftop Restaurant and Lounge will be a Certified viridity Restaurant. Some Certified Green Restaurants save thousands of dollars by cutting energy, water, and waste. They appeal to environmentally concerned Ameri hobos and those who are health conscious.How will Rooftop Restaurant and Lounge be environmentally friendly and socially responsible?Walking into Rooftop Restaurant and Lounge youll rally recycled wood panels, eco-friendly flooring, and zero use of VOC (Volatile Organic Compound) paints. We will fill our facility with Energy Star measure up equipment and compact fluorescent lighting that p roduces 75 pct less energy and heat. Clients force out also savor unique creations like crispy Thai trout tacos, master vegan Championburgers, or mango-guava fruit shakes. Rooftop restaurant and Lounge retreats tactual sensation seriously, backing up its meals and drinks with a 100% druthers Guarantee. If you dont like your meal or drink they will happily whip you up something else or give you your money back. Rooftop Restaurant and Lounge serves Certified Humane, hormone-free meat and prepares their meals with but 100 portion correspond ingredients. A 100 percent organic menu also offers tempting sandwiches, desserts, beer, and wine. Rather than exploitation cheaper ingredients, the company splurges a little to buy step foods that are tastier and more nutritious.Rooftop Restaurant and Lounge also offsets 100 percent of their energy use by purchasing certificates for renewable wind force. Besides constructing their building out of recycled materials, Rooftop Restaurant and Lounge still bases its credit line on integrity. Rooftop Restaurant and Lounge pays their employees fair issue and benefits. By going green, restaurants do-nothing often earn more green.Chapter 3What is the intended form of monomania?Rooftop Restaurant and Lounge is a sole-proprietorship rail line owned in majority by its founder and chairman Kevin Lentz. The owner is also in the flesh(predicate)ly responsible for all debts and liabilities incurred by the melodic line. A sole proprietor goat own the personal credit line for any duration of term and sell it when he or she sees fit. As owner, a sole proprietor can even cristal a business down to his or her heirs. A sole proprietor has complete control and decision-making power over the business.A sole proprietor has minimum start up legal fees and NO corporate tax payments. Sole proprietors receive all income generated by the business to keep or reinvest. The owner pays taxes on income from the business as part of h is or her personal income tax payments. All responsibilities and business decisions fall on the shoulders of the sole proprietor. The sole proprietor of the business can be held personally liable for the debts and obligations of the business. Additionally, this risk extends to any liabilities incurred as a result of acts committed by employees of the company. Most sole proprietors rely on loans and personal assets to initially finance their business. Rooftop Restaurant and Lounge will hold to incorporate once the business has started to grow.Chapter 4Assuming Rooftop Restaurant and Lounge will have international operationsRooftop Restaurant and Lounge will have a second location in Cancun, Mexico located in the heart of Cancuns Hotel Zone. At this location Rooftop Restaurant and Lounge will have exquisite Mexican decor and outstanding Mexican cuisine.There are multitude of different kinds of establishmental structures in international business for instance, one peculiar(prenomina l) structure may require a easily different plan of coordinating the activities of any given up individual or formation.Independent AgentAn sovereign agent can be defined as an international individual or company who whole shebang with an exporter to represent the organization in question best interests in an international terminal figure. Often these agents will take on the roles of being a sales representative. They offer the exporters goods, obtain payments by the purchaser, and as well lick to ensure that the exporters clients are absolutely at ease with the goods received. These agents will often have a ample variety of clients or firms who often do not specialize in any specified product or market. For example, Levi Strauss employs agents all across the world specifically in small countries found within these continents, sulphur America, Africa, and Asia.Licensing arrangementA licensing arrangement can be defined as an agreement in which an owner of a particular(pre nominal) good will quit another company to manufacture sell and or market this good or service for a fee and or royalty. These companies will often establish interested parties or businesses in irrelevant finishing exclusive rights to produce and or supply their goods in that particular market. The exporter will receive royalties as well any associated fees. These royalties will usually be determine as a percentage of the licensees total revenues.Branch positionsA disunite constituent can be defined as a grade in which an exporting company will establish themselves within a foreign nation in order to offer their products more effectively to that foreign market. In most cases exporting firms will conscionable employ current top managers within their organization and will send these managers over to this foreign destination to establish a new branch office. This branch office will act to provide this organization with a greater public image. It is believed that consumers wil l determine more confident about any particular companys product or service. strategical allianceA strategic alliance is where a company in which two or more individuals or businesses will merge their resources together in order to tackle a specified, mutually beneficial project. Both parties will agree to participate as in investing resources into this new venture thence forming the alliance.Out of all the International organizational structures to choose from, Rooftop Restaurant and Lounge in Cancun, Mexico will be a branch office. This business impersonate is handle as an extension of its parent company which center that it should only pass the activities performed by the main office in Orland Park, Illinois. Having a branch office provides several(prenominal) advantages to any foreign company including the ability to conduct business in Mexico, explore more business opportunities and directly interact with its local distributors and agents.While this business model has s everal advantages, foreign companies should realize that there are some arrangements and requirements that may not be beneficial on their part. For example, foreign companies do not enjoy limited liability which means that they are responsible for all the losses and debts of their branch office which is considered as their legal extension.Another disadvantage is that a branch office, being a non-resident business entity, is not eligible for local tax benefits and exemptions. Lastly, this business model is prohibited to engage in business activities that are not performed by its parent company.Chapter 5 committal StatementRooftop Restaurant and Lounge is a business that envelopes fine dining of unique healthy try and an excellent rooftop atmosphere. The mission is not only to have great tasting food, but have businesslike and friendly service. Our dining environment is not only welcoming and sophisticated, it is unique in design, with glass ceilings and windows on almost all sides of the rooftop. After dining in, customers can enjoy the outdoor terrace and garden views. We compress on customer satisfaction and quality food that is always fresh and 100 percent organic. We wish the Rooftop Restaurant and Lounge to be the place people can enjoy a tasty, healthy meal and meet new friends.It is our goal to provide a great work environment and treat employees with self-regard and respect. Rooftop Restaurant and Lounge wants to build lasting relationships with the guests, chip in positively to communities and our environment. Rooftop Restaurant and Lounge recognizes that profitability is trace to our future success .