Business Plan for Restaurant in India

Business Plan for eatery in IndiaTHAKURS HAVELI is the name of my eatery which is fit(p) at sector-34 in Chandigarh. This is a single unit, large size restaurant that serve or substructure a healthy contemporary style food. . The mending give be on 34 sec just outside the Chandigarh University and in truth close to a dense population of the target market. Location which is selected is root on needal basis. After that there is agreement of lease. After when the lease is signed there ordain be the 3 year of free admit for construction and in that deviateicular course of time start up fund must be raised. After that work is complete Havel restaurant post open and then project can begin.Basically, restaurant infrastructure is a four-storey building. The ground flooring is a fast food junction where you will image Chinese, South-Indian, and American fast food, the send-off floor is for having lunch and dinner where you can seat with your family and enjoy wide variety of food, the second floor is for Beverages where you will discover soft drinks, ice-creams and chocolates with the enjoyment of some games for kids and young is and the third floor is for people who would interchangeable to have hard drinks such(prenominal) as whisky, rum, beer etc.Here you will find food of about 65 countries, new games to play and whiskies at it scoop up.EXECUTIVE SUMMARYAs the name of our product line is self explanatory that we atomic number 18 one of the best in the argumentation of restaurant not yet in Chandigarh but also in India. We have keep in line of world curriculum that means we select cook from one of the best institution of hotel management so that our customers do not get upset after coming to our restaurant. Here, we provide food of about 65 nations i.e. nearly 1000 dishes either vegetarian or non-vegetarian and as we said earlier we having a bar at the top floor having all types of whiskies, rums, beer etc.COMPANY OWNERSHIPThe owner of the comp any is Ujjwal Galleria, who will handle day-to-day operations of the plan and will work to ensure that this traffic venture is a success. He will be started this restaurant in 2011, at that time it consists of only single floor but in only 5years he will be grown his restaurant in such a way that able to compete with Indias one of the best restaurants.OBJECTIVESThe primary physical object of ours is to satisfy customers by our products and services. on that pointfore we offer a range of packages and services specifically tailored to the needs of each customer.KEYS TO SUCCESSService our clients needs cursorily and efficiently.Maintain excellent functional relationships with our staffs such as Managers, Cook and other staffs.Maintain a professional image at all times.CURRENT short letterNow days, people ar a bit foodies and want to try new and food of other nations too. This is reason why the restaurants becoming so everyday in India. Another reason is that people of especiall y metropolitan cities have a very busy life especially the bachelors who argon living outside from their home and doing job on cites prefers to eat in restaurants than in their home. This is because they have very busy schedule and they got exhausted after doing job from morning to evening, frankincense prefers to eat in the restaurants. This scenario is also very common in families as most the family members ar busy in their scheduled work in calendar week days and as they got time they used to go to in restaurants to have dinner for a break.Due to this there were many restaurants are being clear in the cities and as a result of which there is so much competition among the restaurants.But despite all such competitions our Thakur restaurant is able to touch this market in Chandigarh. The all credit is given to Mr. Ujjwal Guleria who made all this possible.INDUSTRY ANALYSISSeveral new and innovative technique of cooking is a part of the itemor responsible for the growth of rest aurants in India. Since the government of India has a policy of liberalization of India today is also a base on the market. accord to the regard of the growth of restaurant manufacturing in India is about 5.5%. some people are also engaged in catering. According to recent survey that was created at the end of 2012, total restaurant in all parts of the world will offer employment to 34.7million people.The fact is the growth of the hospitality industry in India will directly lead to more fast food, because in todays world, young people prefer fast food, not just a fact that the growth of the restaurant is increasing every day.International restaurant opens branches in different parts of the city through the concept of free market and the handle of liberization, creating foreign investment.Future of the restaurant is very bright in India. With an increase in the growth in demand from the industry also increased.DESCRIPTION OF THE startOur restaurant is a single unit, middling siz e and multiple restaurants that serve or provide a healthy contemporary style food. The restaurant will be located at 34 sec in Chandigarh.Our MissionI give my first preference toward to goal of the firm. I tried my best to achieve this goal.Development and StatusThis restaurant (Ujjwal Restaurant) was incorpo enjoind in October 2005. Mr. Ujjwal Galleria is the first responsibility is to the financial well being of the restaurant. The high level of understanding, posture and self respect between our staff member and to the customer.The location is only 34 seconds outside Chandigarh University and near large populations of the target market. Location was chosen for the first time on rental basis. Then there is a lease. Once, when the lease is signed there will be three years free rent for the building and in particular, that over time you start the fund should be increased. After it is completed, Thakur restaurant can be opened and then the project can begin.Future PlanIf my business is successfully meeting its projection with in 2 year .then after that I would like to created or start for a second location and start making a plan for next unit. Our 7 year goal is to have 5 restaurants in different part of India having a profit of between 10000000 to 20000000.OPERATIONAL AND PRODUCTION PLANSThe following operational and production strategies that taken in the Thakur Restaurants. They are Facilities and OfficesThis type of plan, I would say for equipment and office, where it is located. The restaurant covers 10,000 square meters, which is around in 34sec Punjab University Chandigarh. New equipment was used and the dining room has been decorated to attract customers.Employee Training and EducationIn this plan I neer make any compromises. Training of all employees should be required. Employees are trained not only work, but also whole concept. There is a cook who wanted to give all the detailed information and also informed of the latest information in fording th e industry.Food ProductionFood production is also an important point in production plan. I will make most food on the premises basis. Kitchen will be very clean and totally furnished. High standard equipment would be used.System ControlIn this a large amount of money spend in look into the quality and integrity of our food. A psyche is hire who do all this type of research related to quality of food. All this food cost and declination are controlled by the management which is totally computerized basis.PRODUCTION PLANThe following are the Production plan of our restaurant. They are Our restaurant will offer a large variety of food (Indian, Italian, and Spanish). It also includes a culture medium scale coffee cheat inside it and having a bar at the top floor. Restaurant is divided into three partsWant open a fast food for those who want to eat fast food can sit in this section.Want open for meal (breakfast, lunch, and dinner) those who want to eat this kind of food can sit in this section only.Want open coffee hook and bar or just a room for discussion where people sit and talk with his friend or any one without disturbing other. marketing PLANOur marketing plan is to establish a well-regarded brand name linked to a meaningful positioning. We will have to invest heavily in market to create a distinctive brand image projecting innovation, quality and value. We also measure awareness and response so we can redress our market efforts if required.Market NeedWhile preparing a market plan we should know the market need. That which type of market we want or need. There are two type of market need that ant to fill. They are First one is that to make a market that produce good quality food, having cleanliness environment, with a cheap or low rate.Second one it that to take very few time for preparing the order.In modern life we face many problems in the restaurant. The first is that the food is fat and the other is that they take too much time preparing. So kee p all this in view I would like a market offering good quality food in less time allows. I would like to add a coffee shop inside the restaurant to open. This is used for all but especially for those who just want coffee after dinner or lunch.DemographicsThis is used to tell that our business marketing plan focus on the following categoryStudent = this include the student of schools and different university situated near by age is from 18 to 20.Town worker = this include the worker or person working in a firm. Thus is the largest group. Age is from 35 to 55Tourist = this is the person who just come with their family for enjoying. This makes good market for us. Age is from 40 to 69.AdvertisingAfter that I would like to spend on advertising. As this is only the medium by which we can make our sale or increase sale. If my business running significantly over our sale then it is not require to spent huge amount of fund in advertising.HUMAN RESOURCE PLANUjjwal Restaurant is a unique Human Resources Management restaurant that enables the process of acquiring talent, aligning them with organizations goals and leading the transformation, to help your organization take that leap in performance. From automating routine tasks, to generating strategic reports, to giving access to employee related information through self-service, Ujjwal Restaurant does it all. Our key Modules include Performance Management, Training Development, and recruitment, HR Workgroup and Report/Analytics, Payroll, Self-Service. As far human resources plan concerns it is just about how you manages your employees, thus, the management of employees in our business is as follows In our restaurant, there are nearly 200 employees, including lower to higher level.As we have one Head Manager who manages all the employees in the restaurant so his salary is a bit higher than the any other employee.We have head in each of the branch of the restaurant such as in cooking department, fast food department, and b everage and games department and bar department.We select employees such as cook, managers, bar server etc. who are passed out from good institution and have at least 2 to 3 years of work experience.ASSESSMENT OF RISKThe purpose of risk judicial decision is to identify hazards that could cause harm to the risks that may result from these dangers and take appropriate measures to eliminate or control risks. Significant findings of the risk assessment should be preserve if five or more persons. Risk assessment of cumulative event distribution and can be made when information was received from the contractor, other companies and freelancers working on the site. It will also need to see the site or sites of specific identified risks to visit.The followings are the main risks in the business if the restaurants There are many competitors in north region such as McDonald, prt fast food, residency, virtual this are the competitor in northern region. McDonald is the one the best competitor for our business. It is having a more than 6 franchisee in the northern region. They spend huge amount on advertising. They take the help of all medium such as radio, television, news paper. They also offering some discount after you make the bill of 400.The reason of risk is fluctuation in the character market.FINANCIAL PLANFinancial planning is a process of formulating objectives, evaluation of assets and resources, assessment of future financial needs and plan to revise the monetary targets. Many elements may be involved in financial planning including investments, asset allocation and risk management. Taxes, insurance and real estate are usually included.There is some important point which I kept in mind while making a financial plan. They are as follows Growth rate will be moderate, and in smooth running.Sale would like to increase at a flow of 6% per year.3. Company like to invest in financial plan and not in the. Company (expect it be necessary)Cost of good.Marketing FeesMar keting fees is generally for purchasing the material for production and convert them into spotless product. This is also important one we should reserve some amount of fund for purchasing of raw material.Fixed and Variable ExpenseThis fixed and variable write off is also required in our financial plan. As this expense is only determine by when we survey many restaurant after that we taking genuine number from this restaurant which we survey. As by this we can know our fixed and variable expense.