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Business Plan
By: Audi Brown, Cristian Wilson, Elizabeth Brito, and Keith Kidd
May 16, 2018
Business Management
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Table of Contents
A. Executive Summary………………………………………………………………………………………………...….p.3
B. Company Description…………………………………………………………………………………………....…...p.3
C. Legal Structure…………………………………………………………………………………………………………..…..p.3
D. Management…………………………………………………………………………………………………………………...….p.3
E. Description of the Product…………………………………………………………………………….……….p.4
F. Target Market/Market Analysis………………………………………………………………...…….p.4
G. Logo and Slogan………………………………………………………………………………………………………………..p.4
H. Business Card…………………………………………………………………………………………………………………..….p.5
I/J.Letterhead…………………………………………………………………………………………………………………………..…..p.5
K. Customer List………………………………………………………………………………………………………………...…….p.7
L.FLyer or Advertisement for Grand Opening………………………………………..…..p.7
M. Analysis of Competition……………………………………………………………………………………….…..p.8
N. Financial Analysis………………………………………………………………………………………………………....….p..8
O. Sales Forecast Adjustment………………………………………………………………………………..…..p.10.
P. Commercial……………………………………………………………………………………………………………………………...p.10
Q.. Radio Commercial…………………………………………………………………………………………………………...p.10
R. Conclusion………………………………………………………………………………………………………………………………….p.11
S.Appendix/Resources…………………………………………………………………………………………………………...p.11
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A. Executive Summary
Our business is a restaurant/bar and grill. We will be serving tasty burgers, chicken
wings, wraps, salads, and a variety of alcoholic and non-alcoholic beverages. We are a
corporation that is full of knowledgeable and experienced employees. Our business is located at
119 surfside drive, SC and we are open every day of the week. Anyone is welcome at our
restaurant but after 10 p.m. anyone under the age of 18 is required to leave, so come grab some
grub and have some fun. Always remember “were not just fat, were fast.”
B. Company Description
Fat Stack$, we chose this name because it sounds catchy and you can have fat stacks of
a variety of foods. Our business will be located in Myrtle beach, South Carolina. We chose this
location because it is nice down south and also during spring break and other holidays there are
many potential customers. Our business type is a restaurant, something that inspired us to have
a restaurant of our own was our love for the food in the restaurants. Our mission for the
restaurant is to really be a success in the city of Myrtle beach. Our two short term goals are to
make a profit in the business and building good reputations with the customers. Our two long
term goals are to expand our business and be one of the best burger joints in Myrtle beach. Our
three keys to success are Good food, Good service, Happy customers. Our business is a burger
joint style so we will serve Burgers, Sandwiches, wraps, salads, chicken, appetizers,alcoholic
beverages and non-alcoholic beverages. It is a sit down restaurant not a fast food place.
C. Ownership/Legal Structure
We are a corporation. A corporation is liable for their own actions and debt a reason why
corporations are good is because of the limited liability the liability is shared between all the
owners because not just one owner is responsible they are all responsible. Having a corporation
can be stressful because all the owners have their own responsibilities in the business and its
very stressful. Employer id number, business licenses, certificate of occupancy, Food service
license, Liquor license, Music license, Sign permit.
D. Management
Our education within the next five years will at least be a bachelors degree in business,
also have taken a business management class. Also you will take courses that have a
background in cooking and the food industry. You will need to have a social skills class so you
can properly greet and wait on people. We will have volunteer experience such as, helping make
and give out food to the poor. Hobbies that we have are cooking and talking to people in a
different language. Personal traits we have are responsibility, caring, good people skills, and
being organized.We will bring to the table being bilingual (Elizabeth), hard working(Keith), good
people skills(Audi) , good skills in business and cooking skills(Cristian).
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E. Description of the Product or Service
4
Storefront of our business
5
H. Business Card
I. Letterhead/Business Formatted Letter
6
K. Customer List
L. Flyer or Advertisement Grand Opening
7
M. Analysis of Competition
One of our competitor’s is Hamburger Joe's located at 1410 US-17 BUS, Surfside Beach , SC.
They are a no-frill family burger and BBQ joint. One of their strengths is the fact they sell good
food. One of their weakness is they close early.Another competitor is Dagwood’s Deli & Sports
Bar located at 600 US-17 Surfside Beach, SC. They are a tavern featuring deli sandwiches and
pub grub. A strength they have is they have a great set of entertainment. A weakness they have
is their longs are very long. A third competitor would be considered the Bar-B-Que House located
at 1205 US-17 BUS Surfside Beach, SC. The Bar-B-Que sell different types of BBQ food. A
strength they have is the fact that you get your money worth in food when eating there. One of
the their weakness is their poor customer service. We believe customers will buy from us
because our business hours are better than the other businesses. Also we bring bring excellent
customer service in which some of these businesses lack in. Another reason we will be better is
because we will be introducing new and exciting dishes to the food market.
N. Financial Analysis
1. Profits
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2. Start-Up Expenses Year 1
3. Operating Expenses Year 1
a. Payroll Year
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4. Income statement Year 1
O. Sales Forecast Year 1 Adjustment
P. Animoto Commercial /Facebook page
Fat_Stack_249745762_720x720_F30.mp4
Q. . Audio Commercial Script here
Fat stack$ bar and grill, we have the best burgers
around and our customer service will make you feel
like your at home in your lay-Z-boy, so come fill your
tummies and give us your money. Come to our
grand opening on may 16th at 1:40 p.m. our
business is located at 119 surfside drive Myrtle
beach, SC.
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R. Conclusion
In summary, our business will be successful for many reasons…. Our business we will be
spending $95,000 on rent, insurance, supplies, inventory, etc. We have found a website were we
will be able to buy the equipment need to run a restaurant. We will also be taking out a loan of
$70,000. Also each of our parents will be giving us $20,000 of love money.
S. Appendix/References:
http://www.loopnet.com/Listing/520-Us-17-Hwy-S-Myrtle-Beach-SC/12
219007/
https://www.webstaurantstore.com/restaurant-equipment.html
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