Business Planning (Spanish Restaurant) Essay Example | Topics and Well Written Essays - 7250 words

Business Planning (Spanish Restaurant) - Essay Example The key for gaining success for ALJARAFE restaurant in the market of the UK will be to provide unique as well as contemporary dining experience, to control the expenses and to concentrate of employee retention. Through proper planning, ALJARAFE restaurant will also aim to create an atmosphere where every employee will be satisfied to work and thus, will render greater contribution towards delivering high quality products and services to the ultimate customers. Focusing on this aspect, the report presents a comprehensive business plan including the description of the business, product as well as service offerings, industry analysis, market segmentation, marketing plan, operation plan and key financial requirements as well as projections. With respect to consumer market, the restaurant segment of UK is considered as the fourth biggest segment. It has often been argued that the foodservice segment of the UK is complicated in comparison to grocery retail segment. In accordance with the study of United States Department of Agriculture, the UK’s foodservice segment is divided into two separate dimensions which are ‘profit stores’ and ‘cost stores’. In profit stores, profit acts as the key motivator of business, and thus, pricing of products and services becomes flexible. This type of business approaches can be identified in restaurants, pubs and hotels. On the other hand, in cost stores, prices of products and services are controlled to avail quality goods at lower product cost. This type of businesses can be found in educational institutions, prisons and hospitals. In the UK, restaurants are the most prevalent in foodservice industry. There are numerous independent players which dominate the restaurant segment in the UK. Illustratively, in the year 2004, about 90% of restaurants were signified as independent restaurants (Agriculture & Agri-food Canada, 2011). 2.1 ALJARAFE Restaurant’s Relative Position ALJARAFE restaurant is a proposed restaurant business which will be located in Manchester city, UK. ALJARAFE restaurant will aspire towards being established as a remarkable, fresh and causal Spanish restaurant which will provide variety of food menu with particular appeal to Spanish fragrances. While maintaining rigid principle towards profit generation, the restaurant will also aim to create a notable and rich eating experience for the customers. The legal form of the business would be based on a sole proprietorship model. This legal standing has been selected because it is the

Communication Skill Assessment Assignment Example | Topics and Well Written Essays - 500 words

Communication Skill Assessment - Assignment Example y especially when goals are not relayed properly; low morale that comes from misunderstanding of tasks leading to confusion that may have effects on self esteem; and mistakes that come from misunderstanding. Communication skills are the ability to pass information in away that is effective and efficient to others. People with good verbal and written communication skills are instrumental to organizations as they help relay information for the company’s benefits (Business Dictionary.com, 2014). Upon taking a communications skill assessment test on mindtools.com, I got a score of 55 points. According to the assessment, I am not an excellent communicator and neither am I a bad one. The score meant that I am a good communicator but still have problems in a few areas (Mind Tool, 2014). The test had a total of fifteen multi-choice questions/statements that had to be responded to by marking inside a circle. The possible answers would range from not at all, rarely, sometimes, often to very often (Mind Tool, 2014). The first statement dealt with how confusion is handled in terms of ability to predict their causes and solutions even as the second covered the amount of information given when working with written information including memos and emails. The third and the forth statements dealt with reactions when something is not understood. The fifth and sixth dealt with perspective and perception. The issue of written information is covered in the seventh and the eighth statements; here the focus is mainly whether consideration is made to use emails to effectively communicate. It also deals with whether revision is considered when dealing with written medium such as memos and reports. Gestures and illustrations are dealt with under the ninth and tenth statements. Here it is a matter of paying attention to people’s body language and use of diagrams and charts to express thoughts. The next three statements dealt with meditation before communication, what the person being