In order to put your business concept on paper, you need to think through and research the many factors that are needed to make sure your business is a success. With a plan, not only can you spot potential weaknesses, opportunities, and threats, your plan can help you make informed decisions about your venture before you commit yourself legally or financially. Executive summary Your executive summary should be 1—2 pages long, and provide an overview of your business concept, key objectives of your business and your plan, ownership structure, management team, your product or service offering, target market scompetitive advantages, marketing strategy, and a summary of your financial projections.
It will be a multicultural restaurant which will serve clients desiring Jamaican and American foods. Calypso Cafe seeks to meet the needs of the varied and growing ethnicity of the greater Fort Wayne area by being the first to offer authentic Jamaican foods. Food from this restaurant will be prepared primarily from fresh food products.
This restaurant will seek to create a Caribbean atmosphere. International music and culture will be incorporated into the restaurant through paintings, murals, and West Indian reggae music. The restaurant's location is in the south central district of Fort Wayne.
The restaurant's size of square feet will consist of the cooking area with refrigerator and freezer, youth business plan competition eating area, dining area, waiting area for takeout food, and restroom. Planned financing for the restaurant is initially directed toward personal savings and the Micro-Loan Program, with later reinvestment of earnings.
The money will be used to buy and lease equipment, pay rent, pay employees, pay product vendors, and meet various other expenses. The management expects to repay all of the loan within two years of the loan date.
There will be three full-time employees and the owner: Management plans to adopt a "just in time inventory system" to avoid unnecessary refrigeration and excess stock.
To effectively and efficiently manage the inventory, there will be an independent buyer for the restaurant. He services special events and plans to incorporate this business into the new restaurant, Calypso Cafe.
His work with Burger Boy Restaurant in Fort Wayne, Indiana, was so successful and profitable that he was introduced to the idea of owning his own restaurant.
His higher scores of evaluation and good standing with Burger Boy earned him an opportunity to create some menus for the restaurant. He has worked for Burger Boy from His responsibilities include line cook and kitchen management. His goal is to own and operate a restaurant where he can utilize his professional skills and proven experience.
Josh Benson's experience and skills in restaurant business go back as far as Fromhe worked as a cook for Popeye's, Fort Wayne, Indiana. At Bella's he was responsible for managing the bar and planning special events for the guests of the resort.
Josh has also experienced an extraordinary activity during his years of professional service. From towhile working at Blue Waters Resort in Kingston Harbor, he overcame Hurricane Gilbert by using his leadership skills and positive sense of direction to manage tourists during the disaster.
He was able to take charge of the situation and control panic. Josh's strengths include the ability to work long hours, use creative problem-solving skills, lead with a positive sense of direction, and give constructive criticism when necessary.
His weakness is the tendency for impatience. He is willing to take risks such as when he relocated to the United States. Josh has also had other areas of interest before his career pursuit. He was awarded high honors for best performance in the Jamaican Combined Cadet Force for two consecutive years, while he was serving as a Corporal.
He also played in the town band. While in high school, Josh was very involved with the track team. Josh is a family oriented individual.The Business Plan Competition of the Youth Business Summit is designed to give high-school students an opportunity to engage in entrepreneurial planning.
Student teams will develop plans for their own concepts of viable businesses, and to “pitch” their plans to a panel of judges. Frequently Asked Questions. How was the strategy developed? The Draft Horsham Youth Strategy was developed through engagement with local young people, Council staff, services, schools, parents and carers, and the community.
The Business Plan Competition of the Youth Business Summit is designed to give high-school students an opportunity to engage in entrepreneurial planning. Student teams will develop plans for their own concepts of viable businesses, and to “pitch” their plans to .
4. Only one business idea allowed per team. 5. There are no submission fees or costs to enter Mashroo3i. 6. All ideas or business concepts must be legal, within the boundaries of the Kingdom of Bahrain laws, and ethics. This competition is meant to encourage the .
The City of Tacoma welcomes businesses of all sizes and understands that a thriving, diverse business environment is the lifeblood of Tacoma’s local economy.
Competition Results News & Updates Photos & Videos The Youth Business Summit brings together thousands of rising young professionals and budding entrepreneurs from over 40 countries, educators, school/district administrators, business leaders and industry professionals for a one-of-a-kind global convention.
Youth Business Summit.