Business plan buying established business
A unique system for NVU and store restocking, the Nudle-Rac is currently under design. The bulk of his experience in these eight years centered on strategic management of start-up ventures. It is delivered on-site each day by a business plan buying established business custom designed mini-van and simply wheeled into position. 4. All ordering, stocking and quality controls will be managed on an in-house computer based system enabling usage patterns to be monitored maintaining ordering efficiency and minimizing wastage. At the beginning of each day, a franchisee will arrive at their support kitchen where the Nudle-Rac, preloaded with the day's meals, will be loaded directly into the NVU's fridge without having to remove the NVU from the van providing an efficient stocking system and minimizing the time meals spend out of refrigeration. Nudlez provides high quality, fast-served Asian-styled meals, based on a central theme of noodles. In comparison to standard 'caravan-type' vendor units, the NVU has major advantages in that it is: cheaper to produce, smaller size for better site access, self-sustaining power (no mains required short-term), easily moved by one person, unique look, hygienic and cheap to service. The Nudle-Rac is essentially a lightweight grid that is packed in the meal production facility with the various meal options. From there he traveled overseas working in such places as the UK, Bosnia (during the war), Romania and Holland. It was here, while enjoying Bangkok's vibrant street food culture, where the Nudlez concept was born. The existence of such competitors makes Nudlez an attractive acquisition or merger proposition. His Nudlez concept takes the product to the street! Ask yourself, “If I were going to invest X amount of dollars into a concept or idea, or even a product, what would I want to business plan buying established business know? For example, salaries and wages, their insurance business plan buying established business and retirement benefits, as well as analyzing the extent of your knowledge of tax related issues. The meals are based on a central theme of noodles, but have a flexible degree of customization to suit the phd thesis in progress cv purchasers' tastes. The founder previously owned two very successful Thai restaurants in Seattle but grew tired of paying exorbitant rent hoping customers would turn up each night. Construction is of the highest quality can someone write my paper kitchen-grade stainless steel. Each NVU is completely self-contained, mounted on wheels and totally mobile. Although there are millions of types of businesses, there are actually only a few basic strategies that can be applied to make any enterprise successful. The NVU will become a product in itself, as Nudlez expands rapidly through franchising. A buy college application essay requirements second Pad restaurant opened in Bellevue, and was awarded the prestigious 'Bent Fork" award. The secret to Nudlez' fast delivery to the customer from moment of order is the blanching and preparation process of the raw product at the central kitchen premises and hub sites. Dan sold the Pad enterprise in 20XX to pursue business interests in Thailand. The 'Generation-2' NVU is currently under design, maintaining versatility yet improving with the introduction of inventions such as the Nudle-Rac. Bill is a Seattle boy, born and bred, with an intimate knowledge of the cultural and niche diversities of Seattle. 0 Market Analysis Summary After a successful career in advertising culminating in the establishment of his own Seattle based agency, Dan entered the hospitality industry. Raw product has been sourced from selected Seattle suppliers. Market research indicates company revenue for 20XX reached $5 million, representing a growth rate of 78 percent over the prior year. Ensuring the speed of the NVU operation is the how to write a persuasive essay introduction Nudle-Rac. Bill graduated his MBA with High Distinction in 20XX. Consider the practical issues of running a business. The meals are provided to the consumer initially through mobile Noodle Vending Units (NVU's), which provide widespread point of sale coverage. The principal product of Nudlez is fast-served, quality, Asian-styled individual meals. An innovative and funky menu, supported with clever marketing (including the use of real Bangkok Pad's for delivery vehicles) saw the business achieve critical acclaim. Rave reviews in Short Black and Cheap Eats to name a business plan buying established business few, were followed by televised appearances on 'Seattle Weekly' and Seattle's Food Lover's Guide. It is designed to be phd thesis on mobile computing versatile for use in just about any place where it is legal to sell food from a temporary stall. How will you distinguish your product or service from others? The first trial NVU was tested in Seattle in July 20XX, receiving great response. Choose a winning strategy. Think about your role as leader or boss of the business. Decide how you will handle your employees' entitlements. Each NVU cart is immaculately presented in stainless steel and branded in strong colorful graphics. ” Gather as much helpful and credible information as you can. The founders of Nudlez have invested a total of $75,000 in development of the NVU, and plan to spend an additional $200,000 over the next year on development of the second generation NVU. This growth is encouraging to Nudlez, which through the use of its college application essay service 2014 NVU's and its other competitive advantages will gain broader exposure. Stabilizing legs are deployed, the roof pops up and it is ready to go! Essentially providing completely removable internal sectioning to the refrigerators to hold the different meals available, it is spring-loaded so that when one meal is removed, the next meal raises to the top for easy access. The owners have significant experience in: the hospitality industry, advertising, and business management. The Nudle-Rac is self-leveling and designed to fit perfectly in the NVU's fridge. Bill returned to Seattle in 20XX to utilize this broad strategic experience on home soil, initially focusing on the property sector. Bill has known Dan for over 20 years and quickly assessed the potential of his Nudlez idea, convincing Dan that rapid expansion was key to securing help with writing college application essay prompts the market niche. The company currently operates 16 stores in the Pacific Northwest. Put yourself in the shoes of potential investors. This will be overseen by our master-chef teams, adhering to strict health regulations. One of the most common flaws in plans is the entrepreneur’s failure to describe exactly how customers will be reached and how products will be presented to them. Once you’ve established the competitive advantage your business offers, you will be able to select the best strategy to reach your goal. The NVU's are state-of-the-art, complying with health regulations. As you think about hiring personnel and organizing your workforce, you must also confront your desire and ability to be a good boss. It is a competitive quality market, with room for a number of suppliers to diversify risk. Originally with an honors degree in Civil Engineering, Bill worked in the Seattle construction industry from the 80's boom time through the recession of the early 90's. These ranged from establishing critical engineering support facilities for the UN in Bosnia, to expending business plan buying established business Shell's retail network across Eastern Europe, to property development ventures in Romania. Nudlez is a globally transportable business. The first step in selecting an effective strategy is to identify a competitive advantage for your product or service. Depending on your product, you may need to search long and hard for relevant information. While Nudlez will own and operate some NVU's, the bulk of the fleet will be purchased and operated by franchisees. The meals cater for variety and are delivered fresh faster than best way to start an essay other noodle-based products. Decide on a marketing plan. At night the noodle business plan buying established business business plan buying established business stand benefits from its own internal lighting. Potential investors, staff, and partners won’t be convinced that your idea can succeed until you’ve established well-researched and effective methods of contacting your customers––and the assurance that once you’ve reached them, you can convince them to buy your product or service. This Noodle Vending Unit (NVU) has been specifically designed to produce the Nudlez meals in the shortest time possible. Dan has a degree in Science from the University of Washington. The second, but equally important supporting product, is the mobile cooking unit used to prepare the individual meals. For large catering events, support vans will provide additional pre-stocked Nudle-Racs to onsite NVU's. His first venture, Pad Real Thai, a Thai restaurant and takeaway situated on bustling Pine Street, was an instant hit. At the end of the day it is simply wheeled back into the mini-van and returned to base for cleaning and waste removal. 'Wok in a Box' is an Oregon competitor that intends to open stores in Washington beginning in 20XX.