Part III of Business Plan

User Generated

ubzrjbexpbafhgyvat

Business Finance

ashford university

Description

For Week 3, Business Plan - Finances Use the business plan at www.sba.gov

Select Plan Your Business, then utilize the Calculate your Start Up Costs link. Note there is also a sample list of start of costs at the site. Tailor the costs to your selected business.

The financial section is completed during this week to include:

1. Calculate your start up costs for the one-time expense.

2. Calculate your start up cost for ongoing monthly expense.


PLEASE SEE MY ATTACHED BUSINESS COMPANY AND PLAN FROM WEEK 2 IN ORDER TO COMPLETE WEEK 3

IT NEEDS TO BE VERY DETAILED PLEASE BUT SHORT AND SWEET...AT LEAST 1.5 TO TWO PAGES OF INFO

PLEASE USE THE WEBSITE AND BUSINESS PLAN THERE

Unformatted Attachment Preview

Running Head: BUSINESS PLAN 1 Business Plan Cassandra Smith Small Business June 4, 2019 BUSINESS PLAN 2 BUSINESS PLAN Market Opportunity Fresin Fries Restaurant Fresin Fries targets the age group of youngsters, single, currently enrolled in college and high school. The family unit will also be appealed to families (young families) with children. The restaurant also will appeal to the medium income individuals and to all in the lower medium income bracket (Smith, 2016). Fresin Fries concept will have very broad appeal with a goal to be the hip destination for fast food cravings. Market Segmentation Fresin Fries targets young Americans as primary market. Due to heavy extra-curricular activities among American's youth, it is common for high scholars to have lunch inside shopping malls, and not at home. They tend to flock to fast food joints inside shopping malls across the country. The other market segment is the working class with so many shopping malls in the vicinity (Smith, 2016). Price Fresin Fries pricing strategy is positioned as "generic", meaning that $4.00 is the average consumer spending for a snack or light lunch in US. Leveraging the volume of fries and signature style sauces to be sold, we are serving the majority of Americans. Promotion BUSINESS PLAN 3 Promotion strategies are concerned with the planning, implementation, and control of persuasive communication with customers. These strategies may be designed around advertising, personal selling, sales promotion, or any combination of these (Dickson & Ginter, 2017). Product Every hotel has their own unique service that stands out from its competitors. Fresin Fries is known of their entertainers, special cuisines, spas and many others. These are the unique services that attract customers depending on what their needs are. Place There are quite a number of outlets in the Central Business District, where there are many businesses situated thereby making it convenient for them to secure their services (Dickson & Ginter, 2017). Fresin Fries outlets are situated in the central business district and near the airport thereby convenient for clients and tourists enabling them not to stay on traffic for long hours. BUSINESS PLAN 4 References Dickson, P. R., & Ginter, J. L. (2017). Market segmentation, product differentiation, and marketing strategy. Journal of marketing, 51(2), 1-10. Smith, W. R. (2016). Product differentiation and market segmentation as alternative marketing strategies. Journal of marketing, 21(1), 3-8.
Purchase answer to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Running head: BUSINESS PLAN

1

Business plan
Student name
Institution
Date

BUSINESS PLAN

2

Introduction
Startup costs refer to the expenses that are incurred throughout the process of
establishing a new business. Every business is distinct; therefore they need dissimilar types
of startup costs. One-time expense usually arises from the non-operating activities outside a
company’s normal activities (Błażewicz & Drozdowski, 2014).

About the company

Fresin Fries usually targets the age group of youngsters, single, currently enrolled in
college and high school. ...


Anonymous
This is great! Exactly what I wanted.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Related Tags