My Business Plan: Thai food My name: La Xiong.. Type of business ► I want to make a small restaurant. ► I want to make a Thai food.

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Presentation transcript:

My Business Plan: Thai food My name: La Xiong.

Type of business ► I want to make a small restaurant. ► I want to make a Thai food.

Product or Service ► I will sell Thai food and teaching cooking.

Hours of Operation ► I will be open. ► Monday-Sunday ► 9:00am-10:pm.

Why this business? ► I like the business because I like cooking.

Location ► Where: I will locate in St. Paul at many people. ► Own/Lease: I will lease. ► Description: I will need small building. ► Neighborhood: I want to be in the busy neighborhood. ► Why this location: I like location because near my home.

The Industry ► Description: My business is in the St. Paul. ► Future projections: Restaurant managers percent growth7% average read more about outlook.

The Market ► Customers: I think Hmong people will use my business.

Competition ► What/Who: My competition is other Asian restaurant. ► Evaluation: I think the competition well be no problem.

Strategies ► Why customers will choose my business: People will choose my business because have the good food.

Advertising ► How customers will learn about my business: People will learn about my business from side, my family, and my business.

Management ► Manager: My sister will manager. ► Experience: I have experience 2 years cooking. ► Responsibilities: The manager will be in charge of training, money, buying, and hiring.

Personnel ► Number of employees: People working 3-5. ► Search: Talk to family and friend.

Financials ► Needs: I need rent 10,000/mo. ► I need salaries. ► Fund sources: I have $5,000 in my savings.

The End