Executive Summary
The sweet
business in UAE is one that is becoming and is guaranteeing for our business.
This is because of the
social changes and in the enjoying of our target market.
social changes and in the enjoying of our target market.
Our business is
that of confectionery chocolate which is redone. We will be opening one outlet
by the name of the chocolate shop in either Y-Block in Al-Mamoura Block Dubai.
The chocolate will be transformed after a request is put by inclination of the
buyer. Distinctive sizes, shapes, bundling and flavors will be accessible. The
buyer will have the capacity to pick their own mix of these.
Three
fundamental sorts of organizations are contrasted with respect with
proprietorship, obligation, start-up expenses, progression, and transferability
of investment, capital necessity, and administration control, circulation of
benefits & misfortunes and appeal for raising capital. The new wander
"The Chocolate Shop" is proprietor possessed business. The holder is
the person who begins the wander and has full obligation regarding all the
operations. The manager may employ some faculty, for example, directors,
guides, and bookkeeper and so on, to aid in normal working of the business. (Abrams, 2005)
The budgetary
expense of the business is said in the monetary arrangement. Anyhow here, the
expense of beginning the business alludes to the lawful charges and costs
acquired for the development of the wander. In our new type of business which
is focused around the sole proprietorship, there are very few legitimate costs
included contrasted with alternate manifestations of possession. The main
lawful expenses needed are the charges for exchange name, which makes the
expense of beginning the business low. (Abrams, 2005)
The requirement
for capital amid the early phases of the new wander can turn into a standout
amongst the most basic variables in keeping another wander alive. For a
proprietor, any new capital can come just from credits by any number of sources
or by extra individual commitment by the business visionary. In getting cash
from the bank the business visionary may require security to help the credit.
Any borrowings from outside financial specialists may oblige surrendering a
portion of the value in the proprietorship. Which ever the hotspot for store is
the holder or the entrepenure is obligated to make the installments and an
inability to do so can bring about dispossession or liquidation.
Notwithstanding, even with these dangers the proprietorship is not prone to
need vast stores of cash to work together.
Our aggregate
speculation is of Rs. 4590,000. It is invested by the entrepreneur himself.
BUSINESS INTRODUCTION
We are one of the not very many
chocolate makers that make chocolate beginning from the cocoa bean through to
completed items. All through the procedure, we make unique moves to guarantee
that our premium chocolate conveys our mark extreme, smooth-liquefying
chocolate taste.
Legal Status:
|
The Chocolate Shop is a sole
proprietorship in Dubai
|
Purpose:
|
To give our clients the best
quality altered chocolate, pick up the most astounding piece of the overall
industry in the business and increase purchaser certainty and dedication
|
Mission:
|
To make the finest and freshest
chocolates made on premises at every area utilizing the best accessible
fixings.
|
Business Type:
|
The Chocolate Shop is primarily
a chocolate shop, giving administrations 8 am to 8 pm with 6 days in a frail.
|
Products
|
1. mass treat in serve toward
oneself containers;
2. mass chocolates in the
chocolate cases;
3. bundled, palatable blessing
things (boxed chocolates, mugs loaded with treat, and so forth.);
4. without sugar and/or without
fat (consolidated all through the store);
5. non-palatable blessing
things (collectible extravagant bears, sweet dishes, treat tins, and so
forth.);
6. bundled curiosity treat
(Warheads, Pop Rocks, and so forth.).
Prices:
|
Prices:
|
1. Mass confection: Aed1.79 1/4
lb.
2. Mass chocolates: Aed1.00 to
Aed5.00 each one, normal Aed2.25 every Aed2.98 1/4 lb. to
Aed4.98 1/4 lb., normal Aed3.98
1/4 lb.
3. Eatable blessings: Aed1.00
to Aed150.00, normal Aed10 to Aed30 territory
4. Sugar free and/or fat free:
Same as 1, 2, and 3 above
5. Non-eatable blessings:
Aed1.00 to Aed150.00, normal Aed10 to Aed30 territory
6. Bundled oddity sweet:
Aed0.39 to Aed25.00, normal Aed1.00 to Aed3.00 each
|
Reasoning:
|
Spread those individuals with
chocolate who cherish i
|
Goals
bjectives of the
organization incorporate the accompanying:
To give our
clients the best quality redid chocolate
To pick up the
most noteworthy piece of the overall industry in the business
To pick up
customer certainty and unwaveringness
The organization
has high development potential as the business it is working in is one which is
developing and the readiness and purchasing force of the shoppers is developing
also which will make popularity for our organization. Also, enterprises, for
example, Multinational organizations, banks e.t.c are presently generally
utilizing confectionery chocolates as endowments to their business customers
too shoppers, this will likewise be of point of interest to our association and
help it to develop.
Type: Sole proprietorship
The proprietor
name is Fahad. In a sole proprietorship, the holder is totally free in the
transferability of investment. The holder can offer any part or the business as
satisfied or when a decent esteem is given. The chocolate shop`s manager has
the same playing point of transferability of the enthusiasm being a sole
proprietor.
Management
Mr. Fahad started working in his
auntie's 15,000 square foot retail chain business at 13 years old. During the
time working in business, he realized a considerable lot of the fine subtle
elements of working an effective retail business. Fahad worked his path through
the positions at a few retail networks, Sears, and The Gap. What's more, he
finished her college degree in business at Mcmaster in Hamilton, Ontario. (Blackwell,
2004)
PRODUCTS AND SERVICES
Products
The item records are cases of
numerous items we convey and are organized by stock class. Not all things are
conveyed at all times on the grounds that new organizations never rehash their
occasional bundling from year to year and oftentimes change their product
offerings. Chocolate Shop will be vigilant about staying on top of the
business.
There are six noteworthy stock
classes: (Blackwell, 2004)
1. Mass confection in serve
toward oneself receptacles;
2. Mass chocolates in the
chocolate cases;
3. Bundled, eatable blessing
things (boxed chocolates, mugs loaded with treat, and so forth.);
4. Without sugar and/or without
fat (joined all through the store);
5. Non-eatable blessing things
(collectible extravagant bears, treat dishes, sweet tins, and so forth.);
6. Bundled oddity treats
(Warheads, Pop Rocks, and so forth.).
Evaluation of amounts:
1. Mass sweet pretty nearly 175
receptacles, including 18 taffy and 54 Jelly Belly;
2. Mass chocolates—give or take
500 separate pieces;
3. Consumable endowments more or
less 500 to 600 separate things;
4. Without sugar— pretty nearly
100 separate things;
5. Non-consumable endowments more
or less 200 separate things;
6. Bundled oddity pretty nearly
300 to 400 separate things.
Valuing
Most bundled and blessing things
are currently road valued at a 39 percent to 42 percent Edge, which is checked
on the machine with each receipt. Since this was carried out, the normal ticket
expanded (clients feel they can stand to buy more).
Clients are more content now,
item turnover is higher, and the issues connected with exchanging item among
stores have diminished fundamental Estimate of price ranges:
1. Bulk candy: AED1.79 1/4 lb.
2. Bulk chocolates: AED1.00 to AED5.00
each, average AED2.25 each—AED2.98 1/4 lb. to AED4.98 1/4 lb., average AED3.98
1/4 lb.
3. Edible gifts: AED1.00 to AED150.00,
average AED10 to AED30 range
4. Sugar free and/or fat free:
Same as 1, 2, and 3 above
5. Non-edible gifts: AED1.00 to AED150.00,
average AED10 to AED30 range
6. Packaged novelty candy: AED0.39
to AED25.00, average AED1.00 to AED3.00 each
MARKETING PLAN
The business that The Chocolate shop works in is
that of the confectionery business which is a developing and a massively
prominent industry having associations, for example, Nirala, Gourmet and Patchi
working under it. The business depends principally on the changing way of life
examples and the populace development of the target bunch.
The chance of setting up a confectionery can be
connected with the dietary patterns and interest of the individuals.
Individuals in UAE appreciate the customary confectioneries extremely well and
their interest is still amazingly high on events, for example, weddings,
birthdays, Eid furthermore in corporate customers, however as of late there has
been a social change in UAE. Presently individuals are turning towards new lines
and mixtures of confectionery things. This significant change can be seen in
companies basically and now for weddings also. (Brophy, 2010)
A quick increment can be seen in confectionery
outlets as of late, this is an impression of the increment sought after. The
increment in the quantity of outlets has made such items more available to the
buyers. Numerous associations have opened little outlets close work places or
different areas picked particularly to expand comfort for purchasers. (Brophy, 2010)
In UAE confectioneries have dependably been
utilized as endowments on weddings and different events however now there is a
higher interest for chocolate confectioneries on weddings as well as on Eid and
birthdays. There is a high and an expanding corporate interest for such
confectionery things as now individuals need to go amiss from the conventional
desserts.
A top to bottom investigation of showcasing
exploration will be directed before making the advertising arrangement.
Promoting of The chocolate shop will assume a key part in the preparation of
focused on number of clients. Significant advertising alternatives incorporate,
site notice, link advertisements and handbills among other conventional showcasing
channels. Before dispatch of the venture, it is prescribed that an exploration
for comprehension the flow of the focused on business will likewise be
completed, to outline the items and the limited time methodology. The
fundamental standard of showcasing is to offer the right item, at the right
value and advance it in the correct spot to the right individuals.
Notwithstanding, there are other financial variables, which likewise influence
the creation, offering and utilization of sustenance’s. The accomplishment of
showcasing is frequently controlled by the degree to which different financial
variables are considered. (Doherty, 2005)
As it has as of now been examined over, the
business for confectionery things are in a developing pattern in light of the
increment in the interest and social changes in the UAE. The extent of the
business is extraordinary as right now the main immediate rivalry our business
will be confronting is Patchi and there is an appeal for confectionery chocolates
inside the corporate world. (Fitzgerald, 2005)
The appropriation of our chocolate will be
carried out through our own particular retail outlet; we will be executing the
methodology of forward reconciliation. Our item won't be conveyed to other
retail outlets. All requests will likewise be places at our own particular
shop. (Ford, 2010)
Our purchasers would need quality for their item
and they will be given fantastic items. The clients will be extending from all
age assembles anyway we will be catering fundamentally for the high society and
the upper white collar class, however a significant target business of the
business will be of stroll in customers.
The showcasing techniques are planned in such a
way, to the point that they will support in achieving the above advertising
destinations
Separation: this is the essential showcasing
technique of our business. We will be putting forth a one of a kind item that
is not accessible in the business in the recent past. This procedure will be
valuable in expanding our business target and the piece of the overall industry
objective (Fitzgerald, 2005)
Expanding mindfulness about our item is an
alternate technique which will be utilized to accomplish every one of the three
showcasing targets of our organization. This will be carried out through
compelling advertising and special exercises
Client certainty will be picked up by taking in
dissentions from clients and taking care of them as the client's yearning
furthermore by furnishing clients with high caliber.
Market improvement is an alternate technique
which our strategies for success to trail a certain time of our foundation. We
will be investigating new undiscovered markets regarding land zone to expand
deals and piece of the overall industry. (Ford, 2010)
Brand Management:
We are one of the not very many
chocolate makers that make chocolate beginning from the cocoa bean through to
completed items. All through the methodology, we make exceptional moves to
guarantee that our premium chocolate conveys our mark serious, smooth-liquefying
chocolate taste. (Pinson, 2008)
The uniqueness of our item lies
in the way that we make uniquely designed chocolate with varieties to the size,
bundling and flavor as per the inclination of the buyers.
Escalated quality affirmation in
the choice of cocoa beans implies that we acknowledge just the most elevated
quality beans. We dismiss upwards of 40% of the beans that are offered to us.
Beans that are not chosen are sold to different makers.
In our whole chocolate item, we
utilize an exclusive mix of cocoa beans that is refined to give the
organization's unique and extraordinary chocolate taste.
Segmentation, Targeting and Positioning:
The number of
inhabitants in Dubai is roughly 2,000,000 individuals. Our significant target
business sector will be the corporate customers of Dubai chiefly and other
adjoining urban areas too. The patterns in the companies of UAE are currently
changing; enterprises frequently present blessings as chocolates to their
purchaser and also their business customers. This pattern is on an increment in
the nation. We will likewise cater for weddings in vast bundling and different
events, for example, birthdays and Eid. However this will be focused on towards
the upper and the upper working class of the Dubai. Our target business sector
will likewise generally incorporate stroll in customers who will buy chocolate
in little amounts as contrasted with the corporate customers or those provided
food for weddings. There is no age farthest point to the target advertise as
Chocolate is a sure item that is loved by everybody. (Satre, 2005)
The business
sector size of our target business sector incorporates the greater part of the
high society of Dubai and contiguous urban communities, the majority of the
upper white collar class and any individual who could be a stroll in client.
Separated from this we are serving to corporate customers who incorporate
fourteen banks and other multinational associations and additionally the
neighborhood ones. (Brophy, 2010)
Positioning:
Our business is that of
confectionery chocolate which is altered. We will be opening one outlet by the
name of the chocolate shop in either Y-Block in Mamoura. The chocolate will be
prepared after a request is set by inclination of the purchaser. Diverse sizes,
shapes, bundling and flavors will be accessible. The customer will have the
capacity to pick their own mix of these. (Pinson, 2008)
Short term
general Marketing tactics
To build deals
by no less than 10% every month
To accomplish a
piece of the pie of 10% inside the initial 18months of operation to accomplish at
least 75% client familiarity with our item in our target showcase inside the
initial 6 months of operation
Competition
We cook the cocoa beans in-house
to guarantee the organization's signature flavor profile is reliably kept up in
all chocolate items. Since the nibs are genuinely uniform in size, we have more
control over the temperature and time, so we can get a more particular flavor.
Different organizations broil their beans before evacuating the shell, which
requires over-simmering the outside segment of the bean keeping in mind the end
goal to dish within. This could give a smoldered flavor to their chocolate. (Fitzgerald, 2005)
We utilize an escalated refining
methodology to guarantee that its chocolate genuinely dissolves in mouth! We
have no grainy feel in light of the fact that we refine the greater part of our
chocolate chips until they are 19 microns (human hair is 100 microns in width).
Different mass business sector chocolates are refined to just 40 microns.
Our chocolate shop will be
rivaling all confectionery shops in Dubai, however their principle rival will
be Patchi as this current association's primary item is chocolate too.
Different contenders are Nirala and Gourmet on the grounds that they
additionally serve confectionery things on weddings, birthdays, Eid e.t.c. (Balcwell, 2011)
Nirala has been in the business
the longest and numerous individuals of Dubai have devotion towards this brand.
It has been utilized on weddings and different events. One of their qualities
lie in their assortment of bundling as indicated by the event they pander to.
Their bundling is truly differing and comes in different varieties of sizes.
They now likewise offer a sitting spot for their buyer which has expanded their
interest an extraordinary arrangement in light of the fact that this is one of
the peculiarities which is not offered by any of their rivals. Gourmet then
again has likewise had an increment in customer request as of late in light of
an increment in their item quality. There is popularity for gourmet items on
weddings; nonetheless it is not good among corporate customers. (Fitzgerald, 2005)
Patchi is the immediate contender
of our business. They serve chocolate confectionery in diverse sizes and
bundling. Their real customers are corporate customers and they serve to the
privileged of the Dubai because of their evaluating. Our business will have an
upper hand as it will be serving uniquely crafted chocolate, estimated by
customer's inclination and it is additionally offering a sitting place in the
shop. Also, we will likewise be serving for weddings, birthday's e.t.c.
OPERATION AND SUPPLIERS
Supplies will be purchased
through online from a supplier which is more suitable at the spot time;
therefore there will be no list maintained for supplier, instead of it there
will be made spot buying.
Location:
The Chocolate Shop
Between Roundabout 6 & 7,
Near Barloworld Lorgistic - Jebel Ali Freezone
UAE
C.E.O: At the top there is a C.e.o who is the sole
proprietor of the business. He is the main manager of the business; his
employment fundamentally would be to have a general take a gander at capacities
of the business. It is a concentrate levels of leadership; as the sole holder
of the business will be taking all the significant choices at the top. All the
representatives of the business would go under his summon. (Doherty, 2005)
Manager:
As the name recommends the director is in charge of dealing with the assets in
the best conceivable way and give the business its best conceivable results.
Chief considers the execution of the deals and generation division. The
administrator is liable to the CEO with respect to the accomplishment of the
two divisions. The director likewise surveys the execution of the laborers in
the lower levels. (Brophy, 2010)
Sales Department:
Cashier/accountant:
The clerk cares for the money streams (both inflows and surges) of the
business. The individual likewise keeps up the records of the organization,
recording its business, income, costs and so forth of specific periods. A pro
is needed for the employment in view of the essentialness and unpredictability
of the assignment.
Salesperson:
The essential capacity of this businessperson is to produce and close leads,
instruct prospects, fill needs and fulfill needs of purchasers properly, and
accordingly transform prospective clients into real ones. The fruitful
addressing to comprehend a client's objective, the further making of a
significant arrangement by conveying the vital data that urges a purchaser to
accomplish his objective at a financial expense is the obligation of the
businessperson. (Fitzgerald, 2005)
Production
Department:
Store
keeper: This is work in which the concerned individual needs to keep all
the records of the stock and the crude material. He has stay informed concerning
everything which goes back and forth from the store. He will report
specifically to the administrator of the everyday streams. He will suggest what
amount and when the crude material is need. (Ford, 2010)
Chocolate
Maker: This individual will handle all the chocolate making methodology. He
will handle all the apparatus and the chocolate making methodology. He is
fundamentally a prepared proficient a craftsman in his field. He will plan and
make the chocolate as per the taste of the client. (Mariotti,
2007)
Operations
Flow to control issues:
To keep up proceeds with operations stream
emulating things need to be deal with:
Surveying working and capital plans
Creating longer-term vital arrangement for
development and extension
Supporting normal action
SALES:
3 years
Projection:
Sales Forecast
|
|||||
Year
|
1
|
2
|
3
|
4
|
5
|
bulk
candy
|
340000
|
370000
|
400000
|
420000
|
450000
|
bulk
chocolates
|
93000
|
108000
|
120000
|
128000
|
135000
|
packaged,
edible gift items
|
310000
|
330000
|
350000
|
365000
|
385000
|
sugar-free
and/or fat-free
|
102000
|
125000
|
138000
|
148000
|
160000
|
non-edible
gift items
|
80000
|
98000
|
122000
|
130000
|
145000
|
packaged
novelty candy
|
206000
|
235000
|
250000
|
280000
|
295000
|
1st
Year Monthly Sales:
Month
|
bulk
candy
|
bulk
chocolates
|
packaged,
edible gift items
|
sugar-free
and/or fat-free
|
non-edible
gift items
|
packaged
novelty candy
|
Total
|
June, 2013
|
11000
|
3200
|
7000
|
4000
|
3000
|
8000
|
36200
|
July, 2013
|
12500
|
3400
|
8000
|
4500
|
5000
|
9000
|
42400
|
August, 2013
|
13000
|
4600
|
14000
|
5500
|
7000
|
10000
|
54100
|
September, 2013
|
15000
|
5200
|
16000
|
5800
|
8000
|
11000
|
61000
|
October, 2013
|
17500
|
5400
|
18000
|
6500
|
10000
|
14000
|
71400
|
November, 2013
|
19000
|
5800
|
19000
|
7800
|
12000
|
16000
|
19600
|
December, 2013
|
21000
|
7000
|
21000
|
8300
|
13000
|
18000
|
88300
|
January, 2014
|
21500
|
7100
|
24000
|
8700
|
15000
|
21000
|
97300
|
February, 2014
|
25000
|
7400
|
29000
|
9200
|
18000
|
23000
|
111600
|
March, 2014
|
26000
|
7600
|
32000
|
9600
|
20000
|
27000
|
122200
|
April, 2014
|
27000
|
8800
|
35000
|
10200
|
22000
|
29000
|
132000
|
May, 2014
|
29000
|
9300
|
38000
|
10500
|
25000
|
31000
|
142800
|
175500
|
74800
|
261000
|
90600
|
160000
|
217000
|
978900
|
FINANCIALS:
Financing Request: Capital to Launch Art Café
Operational Expenses:
Expenses
|
Y1
|
Y2
|
Y3
|
Y4
|
Y5
|
Payroll
|
365000
|
378000
|
391000
|
404000
|
420000
|
Sales and Marketing and Other Expenses
|
65000
|
78000
|
81000
|
87000
|
94000
|
Depreciation
|
38000
|
41000
|
47000
|
65000
|
68000
|
Website maintenance
|
1000
|
1000
|
2000
|
2000
|
2000
|
Rent
|
80000
|
80000
|
80000
|
95000
|
95000
|
Paint/Colours etc
|
8000
|
9000
|
11000
|
12000
|
12000
|
Total Operating Expenses
|
557000
|
587000
|
612000
|
665000
|
691000
|
Per month
|
46417
|
48917
|
51000
|
55417
|
57583
|
3 years Profit
and Loss Account
Year
|
Year 1
|
Year 2
|
Year 3
|
Year 4
|
Year 5
|
Sales
|
978900
|
1200000
|
1500000
|
1700000
|
2500000
|
Direct Cost of Sales
|
600000
|
800000
|
900000
|
1100000
|
1600000
|
Gross Margin
|
378900
|
400000
|
600000
|
600000
|
900000
|
Gross Margin %
|
38.71%
|
33.33%
|
40.00%
|
35.29%
|
36.00%
|
Expenses
|
|||||
Payroll
|
365000
|
378000
|
391000
|
404000
|
420000
|
Sales and Marketing and Other Expenses
|
65000
|
78000
|
81000
|
87000
|
94000
|
Depreciation
|
38000
|
41000
|
47000
|
65000
|
68000
|
Website maintenance
|
1000
|
1000
|
2000
|
2000
|
2000
|
Rent
|
80000
|
80000
|
80000
|
95000
|
95000
|
Pain/Colors
|
8000
|
9000
|
11000
|
12000
|
12000
|
Total Operating Expenses
|
557000
|
587000
|
612000
|
665000
|
691000
|
Profit / (Loss) Before Interest and Taxes
|
(178100)
|
(187000)
|
(12000)
|
(65000)
|
209000
|
Taxes Incurred
|
40000
|
45000
|
55000
|
65000
|
95000
|
Net Profit /( Loss)
|
(218100)
|
(232000)
|
(67000)
|
(130000)
|
114000
|
12 months
Profit and Loss account:
Jun-13
|
Jul-13
|
Aug-13
|
Sep-13
|
Oct-13
|
Nov-13
|
Dec-13
|
Jan-14
|
Feb-14
|
Mar-14
|
Apr-14
|
May-14
|
||
Sales
|
28000
|
32000
|
33000
|
34000
|
36000
|
38000
|
39000
|
42000
|
45000
|
48000
|
51000
|
56000
|
|
Direct Cost of Sales
|
14000
|
16000
|
18000
|
21000
|
24000
|
27000
|
29000
|
34000
|
36000
|
39000
|
41000
|
44000
|
|
Gross Margin
|
14000
|
16000
|
15000
|
13000
|
12000
|
11000
|
10000
|
8000
|
9000
|
9000
|
10000
|
12000
|
|
Gross Margin %
|
50.00%
|
50.00%
|
45.00%
|
38.00%
|
33%
|
29%
|
26%
|
21%
|
20%
|
19%
|
20%
|
21%
|
|
Expenses
|
|||||||||||||
Payroll
|
20000
|
20000
|
20000
|
20000
|
20000
|
20000
|
20000
|
20000
|
20000
|
20000
|
20000
|
20000
|
|
Sales and Marketing and Other Expenses
|
3000
|
3000
|
3000
|
3000
|
3000
|
3000
|
3000
|
3000
|
3000
|
3000
|
3000
|
3000
|
|
Depreciation
|
2000
|
2000
|
2000
|
2000
|
2000
|
2000
|
2000
|
2000
|
2000
|
2000
|
2000
|
2000
|
|
Website maintenance
|
60
|
60
|
60
|
60
|
60
|
60
|
60
|
60
|
60
|
60
|
60
|
60
|
|
Rent
|
6000
|
6000
|
6000
|
6000
|
6000
|
6000
|
6000
|
6000
|
6000
|
6000
|
6000
|
6000
|
|
Paint
|
500
|
500
|
500
|
500
|
500
|
500
|
500
|
500
|
500
|
500
|
500
|
500
|
|
Total Operating Expenses
|
31560
|
31560
|
31560
|
31560
|
31560
|
31560
|
31560
|
31560
|
31560
|
31560
|
31560
|
31560
|
|
Gross Profit
|
-17560
|
15560
|
16560
|
18560
|
19560
|
20560
|
21560
|
23560
|
22560
|
22560
|
21560
|
19560
|
START UP FINANCIALS
Below are the entire item list
and the funding information.
Infrastructure
|
Establishment Cost
|
Kitchen Items
|
500000
|
Shop items
|
50000000
|
Total
|
5050000
|
Rent/Lease
Unite Price
|
Quantity
|
Total Price
|
|
For 12 months
|
6666.67
|
12 months
|
80000
|
Total
|
80000
|
Labor (per month)
Jobs
|
Unite Price
|
Quantity
|
Total Price
|
Manager
|
8000
|
1
|
8000
|
Chef
|
7000
|
1
|
7000
|
Salesman
|
3000
|
3
|
9000
|
Cleaner
|
500
|
1
|
500
|
Total
|
24500
|
Start-up Expenses
|
|
Legal
|
5000
|
Stationery etc.
|
2000
|
Initial Marketing
|
60000
|
Website
|
8000
|
Misc.
|
7000
|
Total Start-up Expenses
|
82000
|
Start-up Assets
|
|
Cash Required
|
70000
|
Long-term Assets
|
329000
|
Total Assets
|
399000
|
Total Requirements
|
481000
|
Start-up Funding
|
|
Start-up Expenses to Fund
|
61000.00
|
Start-up Assets to Fund
|
179000
|
Total Funding Required
|
240000
|
Assets
|
|
Non-cash Assets from Start-up
|
129000
|
Cash Requirements from Start-up
|
50000
|
Total Assets
|
179000
|
Liabilities and Capital
|
|
Liabilities
|
|
Current Borrowing
|
0
|
Long-term Liabilities
|
90000
|
Accounts Payable (Outstanding Bills)
|
0
|
Other Current Liabilities (interest-free)
|
0
|
Total Liabilities
|
300000
|
Capital
|
150000
|
Total Funding
|
240000
|
GROWTH AND EXIT STRATEGIES
Mr. Fahad will keep on running
Chocolate Shop as a family organization.
The organization will stay in the
family when Mr. Fahad resigns in 5 to 10 years. The organization has been
produced to help and give a decent living to the whole gang. Each of the kids
appreciates retailing and discovers opening and running new stores an
energizing piece of the business. Kathy and her family plan to develop
Chocolate Shop to 10 stores inside the following 5 years.
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