A Business Plan to Open a Portuguese Restaurant in London Essay

A Business Plan to Open a Portuguese Restaurant in London - Essay Example The management plan is discussed majorly for the employee’s costs and benefits. The financial plan shows the financial plan, profit and loss statements, balance sheet, Industry ratios, and addresses every possible risk and how to manage the risks along with several recommendations. The Portuguese restaurant will be a multicultural restaurant that will get to serve customers desiring Portuguese and American food. The restaurant seeks to meet every need of the diverse and growing ethnicity of the London city and targets to be the first to offer the authentic Portuguese foods. Food from the restaurant will get prepared primarily from food products that are fresh. The restaurant will have to create a Portuguese atmosphere. International music and culture will get incorporated into the restaurant using the paintings, murals and Portuguese music. The restaurant will get started in six months’ time, and the location of the restaurant will be in the north central of London city. The size of the restaurant will be 1200 square feet and will comprise of cooking area with freezer and refrigerator, counter eating area, restroom, dining area and waiting area for the takeout food. The owner’s, John Smith, prior experiences in the management of the restaurant resulted in his desire to want to manage and own a restaurant. Currently, John works at J &A Catering and Entertainment Corporation. Therefore, John Smith is the one that will operate the Travellers restaurant, and this is due to his goal of owning and operating a restaurant that he can utilize his proven experience and professional skills. His skills and experience in the restaurant business go back as far as 2007. From 2007- 2010, he worked as a cook for the Burger King Restaurant. From 2010- 2012 he operated as cook in Popeye’s Fort Wayne. At J&A Catering and Entertainment, he was responsible for managing the bar and getting to plan special events. His ability include working long hours,

The Asda Effect Assignment Example | Topics and Well Written Essays - 1000 words

The Asda Effect - Assignment Example Everything changed all of a sudden as Asda found itself with demoralized employees, slow growth in sales, and declining profits in 1991. It had been a 1 billion pounds cash surplus supermarket chain in 1987, and by 1991 it had a debt of over 1 billion pounds. That was precisely the state of affairs at Asda when Archie Norman entered into the scene as Chief Executive Officer (CEO).The main reasons of the problems that Asda and Archie Norman had to face were due to complex organizational inefficiencies that they had to solve as soon as possible, right away, in order to survive, and at the same time, Asda had to become an efficient organization once again.  Ã‚   Among the different reasons behind Asda’s failures by mid-1991 were the following:   Asda as an organization with its own culture had become a bureaucratic and hierarchical institution beginning in the 1980s.   As a direct result of this rigid functioning structure in the company, any kind of innovation was stopped from being encouraged or implemented.   Without any innovation, Asda was unable to keep its competitive advantages in the retail market in the United Kingdom.   (Weber and Beer, 1998a:   p. 6).   So Asda and Archie Norman had to face the challenge of transforming the superstore in relation to its management style of doing things as well as implementing a sense of culture based on the core values of Asda.   Management and leadership had to change significantly in order to create a new productive and efficient organization.     Ã‚  Ã‚  Ã‚