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 Prepare a Feasibility Report for Starting a Restaurant

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 Prepare a Feasibility Report for Starting a Restaurant

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  • September 10, 2010
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Group No - 17

Prepare a Feasibility report for starting a Restaurant.

Restaurant :

A restaurant is a place that’s offers well prepared food at a certain price that suits to the customers.

Before starting a new business many corporation or institute write and make a business plan. In this way we have to make a business plan for starting a restaurant.

A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals.

This business plan includes the following things.

How much money we need to get started ?
The overall goal of the business.
Expected growth in numbers for next five years.
Equipment needs.
Staffing needs.
Menu.
Who are the competitors ?
Other important things.

For our report of starting a new restaurant it consider the all the above things. We have to done the feasibility study about this. It shows that what is more preferable or not preferable for our restaurant.

This feasibility study depends upon the study of various aspects like market analysis, technical analysis, managerial analysis, financial analysis, economic analysis and so many things.

We want to start a new restaurant in the Bardoli town so first of all we have to decided our objectives and goals.

Objectives :

1)To achieve the high profit.
2)To giving best services to the customer.
3)To give similar experience to all the customer who are visited.

After deciding the objectives, we have to done the analysis of various aspects to achieving the decided goal or objectives.

(1) Market Analysis :

Market analysis includes that how much and what is the demand of customers ? Like which food they like most whether it is Punjabi, Chinese, Gujarati dishes, south Indians, fast food, etc and how much they demand for the particular item. And for fulfillment of this demand we have to check that how many amount...