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Everyone who resides in our target locations Our Competitive Advantage We are food processing business plan free of the growing competition in the food truck industry in India and we are prepared to compete favorably with other food truck companies in Bangalore — Karnataka and throughout India.
So also, the wide varieties of fast food that we retail and our excellent customer service culture will count as a strong strength for us. Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry, meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our objectives.
We are well positioned to take on the available market in Bangalore — Karnataka and every city where our fast food will be sold and we are quite optimistic that we will meet our set target of generating enough profits from our first six months of operation and grow the business and our clientele base.
We have been able to critically examine the food truck industry, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projections are based on information gathered on the field and some assumptions that are peculiar to startups in Bangalore — Karnataka, India.
Please note that the above projection might be lower and at the same time it might be higher. We have detailed information that we were able to utilize to structure our business to attract the number of customers we want to attract per time. We hired experts who have good understanding of the food truck industry to help us develop marketing strategies that will help us achieve our business goal of winning a larger percentage of the available market in Bangalore — Karnataka and subsequently throughout India.
As a matter of fact, our publicity and advertising strategy is not solely for selling our foods and drinks but to also effectively communicate our brand. Ensure that all our staff members wear our customized clothes, and all our food trucks are customized and well branded.
Our Pricing Strategy The prices of our burgers, sandwiches, pizza and pasta chicken and chips, barbecued beef, fish, bacon, pork, chicken, turkey or corn et al, coffee and other beverages will be what is obtainable in the market.
We are aware that pricing is one of the key factors that gives leverage to a food truck business, and it is normal for consumers to go to places where they can get good deals. We will ensure that we reduce our overhead, and we are ready to run on low profit margin for the first six months of launching the business just for the purpose of attracting loyal clients and build our clientele base.
We also have plans in place to discount our fast foods and drinks once in a while and also to reward our loyal customers.
Our bank account numbers will be made available on our website and promotional materials to clients who may want to deposit cash or make online transfer for our fast foods and drinks and training services.
Startup Expenditure Budget In setting up any business, the amount or cost will depend on the approach and scale you want to undertake.
If you intend to go big by renting a place for your back office, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive.
The tools and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked.
As for the detailed cost analysis for starting a food truck business; it might differ in other countries due to the value of their money. When it comes to starting a food truck business, the major areas that you will look towards spending the bulk of your cash is in the purchase of food trucks, latest grillers and accessories.
Aside from that, you are not expected to spend much except for paying of your employees and the purchase of supplies.
These are the key areas where we will spend our startup capital on; The total fee for registering the business in India — INRs. S machines and other software — INRs. Other start-up expenses including stationery INRs.
Operational cost for the first 3 months salaries of employees, payments of bills et al — INRs. Karina Mahatma and her immediate family members. They do not intend to welcome any external business partners which is why he has decided to restrict the sourcing of the startup capital to 3 major sources.
These are the areas we intend generating our startup capital; Generate part of the startup capital from personal savings and sell of stocks Source for soft loans from family members and friends Apply for loan from the bank N.
We have been able to generate about INRs. All the papers and documents have been signed and submitted, the loan has been approved and any moment from now our account will be credited with the amount.
Food Truck Business Plan — Sustainability and Expansion Strategy The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and business structure.
We know that one of the ways of gaining approval and winning customers over is to retail our fast foods and drinks a little bit cheaper than what is obtainable in the market and we are prepared to survive on lower profit margin for a while. As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more.
We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams. Completed Opening of Corporate Bank Accounts: Completed Opening Mobile Money Accounts: Completed Opening Online Payment Platforms: In Progress Application for business license and permit:Food processing business plan india.
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Free Food Production Sample Business Plans. Starting a food production business can be tricky. Before you write a business plan, take look at some sample business plans for other businesses like yours. They'll help you make sure you get the details right. What are "Recall Plan Templates" The "Recall Plan Templates" are worksheets used by Food Distributors and Manufacturers to track products and manage a food recall process.
Sep 17, · Home-Based Business. If you are starting a home-based food business, you will need to understand the regulations of FDA and your state and local health department.