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Week7
1. Aizu Restaurant
Aizuwakamatsu city
0242-XXXX-XXXX
Yuuki Iitsuka, Yusuke Suzuki, Ryo Ogata
Logo (A professional, attractive logo can be used to dress up the cover
page)
2. 1.Executive Summary
A. AIZU restaurant and restaurant.
B. Offer various and cheap menu to a lot of University of Aizu students.
C. Aizugrown vagetables and meat using for cooking.
D. Not only University of student but also many citizen come to the restaurant.
If you're obtaining a loan or equity your Executive Summary should also include:
A. A jointstock corporation.
B. Million yen.
C. Price of land, construction cost, table, chair, tableware
D. Effect of the money on the business
3. 2.The Business
Description of the Business
Our business is managing restaurant. it has two reasons. First, there are few
restaurants in Aizuwakamatsu. The other, we want to offer cheap dish because
students have little money.
We must find good place to start managing restaurant. However, this is no problem
because Aizuwakamatsu have many free place. Probably, it is easy for us to find that.
Industry Analysis
Family restaurant is in demand for various ages.
• It's cope in all seasons. It is open every day.
• It is increasing. It unfolds sometime soon in the whole country
• It is in demand for various ages.
• The place where a lot of students gather.
• Determined by the amount of price and customer.
• The place where a lot of students of Aizuwakamatsu city gather.
• Form coherent to area.
• The dish which a price is safe cheaply, and is delicious.
• About 50%.
• The main visitor is a student.
4. Vision Statement
Our restaurant offers cheap as possible, vrious and healthful menu, and
satisfy customers. Moreover, Increase the number of stores. So, I make it a
necessary restaurant.
Vision Trigger
Our slogan is "cheap, fast, and delicious". Of course, restaurant must offer
delicious dish. However, it is difficult to offer concurrently cheap and fast. We
want to be possible using something way.
For example, we collaborate with local residents. Getting cooking
ingredients cheaply and offering our product in community events. In this
way, people understand information of our restaurant.
Mission Statement
The reason why we intended to make a family restaurant is that the area
finishing oneself does not have much them. Therefore I was cheap and
thought to make the shop which a delicious dish could eat with security. It
is the place where a lot of students such as a university or the senior high
school gather to install a shop. In addition, I keep business coherent to area
in mind.
Business Objective
There are two purposes to establish a restaurant.
First, To provide cheap, various and healthy menu for students.
Second, In order to activate regional.
5. 3.Business Operations
Competitive Analysis
Item Gusto Saizeriya McDonald's Yoshinoya
Business Hours Open for 24 hours Open for 24 hours Open for 24 hours Open for 24 hours
Days Open 7days a week 7days a week 7days a week 7days a week
Price Level High Moderate Low Moderate
Drink Bar Yes Yes No No
Breakfast Items Yes Yes Yes Yes
Reputation Unknown Excellent Fair Unknown
Discounts Coupon Coupon Coupon Special Promotions
National Chain Yes Yes Yes Yes
Method s of Yellow Pages Yellow Pages Yellow Pages Yellow Pages
Promotion Radio/TV Radio/TV Radio/TV Radio/TV
Newspaper Newspaper
Legal Structure
1. Type of legal agreement: a jointstock corporation.
2. Ryo Ogata, Yuki Iizuka and Yusuke Suziki
3. The presidents is Ryo Ogata, Yuki Iizuka and Yusuke Suziki. This
under the manager's position. This under the cock and waiter's
position.
Support Personnel
It is very important that a dish is edible cheaply when I stand in the
situation of the student. The reason is because it is necessary to buy a thing
wanting you to use little pocket money well. The family restaurant can talk
for a long time not only I only eat a dish. Furthermore, there will be the
person doing study. I want to make the shop which can satisfy these.
6. 4.Financial Planning Tools
Financial Information
Financial Objectives
The following objectives are for the first three years of Aizu restaurant:
1. Owner draw of $13,000 in Year 1.
2. Cash balance of $30,272 end of Year 1.
3. Owner draw of $13,500 in Year 2.
4. Cash balance of $16,710 end of Year 2.
5. Owner draw of $17,700 in Year 3.
6. Cash balance of $7,000 end of Year 3.
Monthly Living Expenses For J. B. Entrepreneur
Regular Monthly Payments
House payments (including tax)) 8,000,000
Health, life and other insurance premiums 500,000
Miscellaneous 14,000
Loan payments 8,514,000
Household Expense
Telephone 5,000
Utilities 600
Miscellaneous 10,000
Total 15600
Personal Expense
Clothing, cleaning, laundry, shoe repair 25,000
Education and training 5,000
Spending allowance 40,000
Total 70,000
Total personal monthly cost of living expenses 400,000
Subtract monthly income from sources other than your business 200,000
Minimum monthly draw needed from your business 100,000
1 Sources of Cash
7. 2 (Not Used)
3 Personal Funds 77,000
4 Loan Proceeds 77,000
5 Cash Receipts from Business (Net) 160,000
6 Total Sources 324,000
7 Uses of Cash
8 Equipment/Supplies 31,200
9 Vehicle Purchase/Lease 5,420
10 Fixtures 8,300
11 Security Deposits (Rent and Utility) 10,000
12 Signs 8,500
13 Leasehold Improvements 8,700
14 Cost of Goods Sold 62,460
15 Telephone and Utilities 6,800
16 Rent 22,800
17 Business License 3,000
18 Insurance 8,000
19 Office Supplies 1,500
20 Legal and Accounting 5,760
21 Advertising 8,000
22 Real Estate Taxes 4,000
23 Miscellaneous Expenses 7,000
24 Payroll 45,950
25 Payroll Taxes 9,232
26 Loan Payments (Principal and Interest) 15,000
27 Owner's Draw 13,000
28 Total Expenditures (Uses) 284,622
29 Cash balance 1,5378
30 Total Uses 300,000
Net Cash Flow for the Year (Sources Minus Uses) 0
total Remarks
income 322,408
Expenditure 284,622
8. Sources of Information:
· Data from trade associations, technical journals
http://30min.jp/place/307774
· SBA resources such as SCORE and SBDCs
http://www.rieti.go.jp/jp/events/03071101/roselin.html
· Other persons in similar businesses
http://www.skylark.co.jp/gusto/
· Real estate agents
http://www.ekiten.jp/
·Accountants and/or bookkeepers
http://www.arbeitstock.jp/detail/126836.html
·Major suppliers
http://www.city.aizuwakamatsu.fukushima.jp/ja/kanko_odekake/green_touris
m/noukaminshuku/minsyuku_hotaru.htm
· Robert Morris Associates, Dun and Bradstreet
Nothing
·Personal experience
Nothing
Time Line for Required Filings
You need to establish a time line when you will make the necessary filings
included, but not limited to: Fictitious Business Name Statement (including
newspaper publication), Opening Business Bank Account, Sales Tax Permit (if
selling products), Federal and State Employer ID numbers (if hiring employees),
Workers Compensation Insurance (if hiring employees), a state business license (if
business activity requires one), and city business license (if business activity requires
one). The Licenses and Permits section of this web site illustrates the filing process
for one city.
Accounting System
You will probably not mention the following two items in your business plan, but
you will have to do them as part of your financial operation
1. Create a "Chart of Accounts." You will use these account labels when you
create your cash flow projections. The "chart" will require more labels if you
sell inventory rather than just provide services. The "chart" will require even
more accounts if you intend to hire employees.
2. Address several items as part of your accounting system.
A.
I divide an account into three. I have a cach receipts journal.
9. B.I classify it in a cooking ingredient and personnel expenses and machine
charges. I use disbursement journal.
C. I use a Computer based general ledger.
D. Our work does not use a car and a computer.
E. I must estimate, control, and spend my cash with care. A bookkeeping system
is a must.
10. 5.Summary
This business plan show that Aizu restaurant will be successful. All of the critical
factors such as industry trends, competitive analysis, management expertise, and
financial analysis support this conclusion. Probably Aizu restaurant is needed by
people in Aizu. This is most important point in this business plan.
6.Supporting Documentation
1. Resume
Various knowledge is really necessary when they run the shop. Each one
understands work, and the human being whom I unify it, and give
instructions is necessary. I distribute work so that an individual can show one's
ability.
2. Letter of Intent
This time thank you for consent by new business with this shop. We do the
initial order as follows at once. Please arrange it. At first I express initial order
people, greetings.
3. Letter of Recommendation
It is a person wrestling with everything eagerly from youth. The popularity
becomes the existence of the leader of the local manager friend thick, too.
If it was your company, I thought that I might make use of technology of
something and came to introduce it.
4. Special Awards, Achievements
There is not it.
5. Newspaper and Magazine Clippings
It is possible to work by concentrating because it is possible to spend it in an
environment different from the house by going to the coffee shop and the
family restaurant until. Motivation was able to be improved by going out
even though it was near.
6. Additional Relevant Information Supporting Your Business
This section may include: a building lease, a franchise agreement; a
purchase agreement; copies of licenses and permits; specifications and cost
breakdowns; a partnership agreement; and articles of incorporation.