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Muna Chimso® Intercontinental restaurant is a 150 seat family style restaurant that is solely owned by Betty O’chucks and family.
Our Competition Panda Tip: Start general, then list specific examples of restaurants you will be competing with – most likely they will be local so research should be easy.
In analyzing your competition, you can highlight both their strengths and weaknesses which will give your reader some context and allow you to explain why your restaurant will appeal to your target demographic over the competition.
For instance, if you are the Head Chef, President, CEO, and entire Board of Directors for your company, you can include that information in your Head Chef profile. It’s entirely up to you how you want to paint the picture of your organization.
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So for example if you want to see how your projections change if: You can now easily create multiple scenarios for your business and save yourself hours of work.
You can create up to 5 scenarios for your business.
We shall as well run a culinary school and also offer outdoor catering services base on demands.
This is because we are aware of the fact that there are loads of Africans in this city who might be too overwhelmed with making out a living, so that they aren’t chanced to whip up some party meals when the need arises.
In order to fulfill our vision for [RESTAURANT NAME] we will require [AMOUNT] in capital, which will be allocated roughly according to the following table: If we are fully capitalized, we hope to be profitable by [TIME].
Also, you may want to highlight obvious weaknesses and state how you are prepared to address them.