...Communication Management Plan Project Charter Project Name: My BBQ Restaurant Business Adventure Project Number: 1 Project Manager: Renita Allgood Owner(s) Renita Allgood and Terence Allgood Start Date: 5/5/2014 Scheduled Completion Date: 6/26/2014 Mission/ Purpose: Accomplish entrepreneur opportunity to invest in a personal business venture of a specific interest being a unique food service operation providing barbeque to the community while gaining the public recognition of success. Deliverables: Utilize research capabilities to find a location, get permits and licensing, and open. Provide a unique food service with authentic taste. Become a small business owner. Objectives: The objective of this project is to earn profit and personal income, convenience of location to target audience, and to keep cost at minimum with all actions being entrepreneurship driven. Business Need: Unique project backed by personal interest and drive with attainable goals and personal funds. Project Manager and Stakeholders: Project Manager: Renita Allgood Operation Manager: Terence Allgood will be the joint owners, operators, and stakeholders. Milestones: Location Equipment Compliances Staffing Grand Opening Scope Statement: Budget: Fees and cost Equipment Mortgage/Rent etc. Utilities User Acceptance Criteria/Quality: Concrete Location attained Grand opening Adequate cash flow and customer interest High-Level Project Assumptions: ...
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...to make decisions as it deals with employment laws and regulations, as well as identifying risk that may arise while they begin to conduct business. Restaurant/Bar Scenario Lou and Jose plan on opening a sports bar and restaurant with help from Miriam. The pair, Lou and Jose, has little start up money and Miriam is willing to invest into their business. Miriam will provide the capital needed in order for them to start their business. Miriam is exchanging his/her investment for partial ownership into the business based upon a percentage. The three of them combined will form a general partnership with all three of them owning the business. Lou and Jose would be the managing partners while Miriam is considered an investing partner since he/she wants to invest without doing much else when it comes to the day to day business at the bar/restaurant. Miriam will allow Lou and Jose to control the business and they all share the businesses profits. This type of general partnership can be determined if the group meets the criteria which has been broken down into four categories. The four categories are; 1. It must be an association of two or more people. 2. These people must be carrying on a business. 3. They must be co-owners. 4. The business must be for profit. Lou, Jose, and Miriam are co-owners of a bar/restaurant for profit, which makes them eligible to be classified under a general partnership. Since the partnerships do not have any tax liability taxation occurs...
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...A GUIDE TO APPLICATION FOR RESTAURANT LICENCES Food and Environmental Hygiene Department (January 2012 Edition) -1- FOOD AND ENVIRONMENTAL HYGIENE DEPARTMENT (FEHD) PERFORMANCE PLEDGE APPLICATION FOR RESTAURANT LICENCES We are pleased to state below our performance targets in respect of applications for restaurant licences. Processing Steps To return proposed layout plans which fail the Preliminary Screening to the applicant To arrange Application Vetting Panel (AVP) meeting with the applicant To issue Letter of Requirements for provisional licence and/or full licence To conduct inspection final verification Standard Response Time within 10 working days after receipt of proposed layout plans within 20 working days of acceptance of the licence application for further processing before or at the AVP Meeting upon confirming the premises are suitable for licensing within 8 working days of receipt of notification of compliance with the licensing requirements from the applicant within 7 working days upon confirmation of compliance with all licensing requirements within 1 working day upon receipt of acceptable Certificates of Compliance with licensing requirements from the applicant within 7 working days upon receipt of acceptable Certificates of Compliance with licensing requirements from the applicant To issue Full Licence To issue Provisional Licence a) if the documents are submitted to the Licence Issuing Office b) if the documents are submitted...
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...situation. In addition, laws and regulations in reference to starting the business will be identified for each business, coupled with risks that each business must protect itself against. Restaurant/Bar Sports bars and restaurants are a dime a dozen, but in this scenario Lou and Jose would like to venture into new horizons by opening a sports bar and restaurant where “customers can socialize and watch sporting events on large-screen TVs that hang around the bar.” Although Lou and Jose do not have enough money to boot strap their company, they do have a wealthy investor who is interested in providing capital in return for a percentage of ownership, Mariam. The business entity is a partnership firm wherein Lou and Jose will handle all activities and business decisions for the company, as Mariam acts as a sound investor by distributing funds through company investments. Taxes will be paid by each partner once the funds have been distributed to each party, according to the Taxation Policy of the U.S.A (QuickMBA, 2010). It is important to recognize the laws and regulations of a partnership before starting a business as Lou and Jose have decided to do. Each of these laws should be carefully measured by each partner. A bars essential license is its liquor license. It is customary for each new restaurant with intentions to serve alcohol is registered and licensed with the state in which it operates. Jose and Lou have unlimited liability within as they are the key decision makers for...
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...order for the business to succeed. Entrepreneurs and business owners can spend years deciding the type of business or corporation, which suits their goals best. The following paragraphs contain example scenarios of bar and restaurant, extermination, and construction businesses. Each scenario will be broken down regarding the business entity, taxation and which laws and regulations best suited for each business. Restaurant/Bar Scenario The first case is two individuals, Lou and Jose, who plan to open a sports bar and restaurant. Their hope is to have clients enjoy good foods while possessing the ability to watch their favorite sporting events on large screened televisions. Lou and Jose do not have much for financing; however they have Miriam. She is a wealthy investor who will provide the needed capital to Lou and Jose but will not be available for the everyday decisions of the restaurant. At the end of each year, all three partners would file their own taxes. The appropriate business entity for this situation would be a partnership. Each individual would have an equal say in the decisions made for the restaurant, along with equal shares. Lou and Jose would handle the everyday business and obligations in the restaurant, including Miriam when necessary. The three of them would earn equal amounts of profit, Miriam solely investing to earn profit. The liabilities to take into consideration would be Miriam having a limited liability. She would...
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...Serve Restaurants (QSRs) is a growing and potentially profitable business. India is considered as a new market for it as fast food came to India about 15 years ago. India is a developing country with 2% of organized and 98 percent of unorganized sector. So most of the fast foods that came into Indian market as India has a high growth in every sector. India is blessed with one of the fastest growing fast food markets in the world. The Indian fast food market is flourishing at an annual growth rate of 30-35 percent. Almost all big fast food brands of the world have made their presence felt in India and most of them making an appreciable growth. Although the market has witnessed sturdy growth in the past few years, it remains largely under pervaded and purposive in the metropolitan cities. INTRODUCTION TO FAST FOOD * Introduction Food that can be prepared and served instantly i.e. “fast” is known as Fast Food. Although any meal with very less preparation time can be considered as fast food, but the term refers to food that is sold in a restaurant or store with low quality preparation and served to the customer in a packaged form for take-out/take-away. Different types of outlets may be stands or kiosks, without any shelter or seating, or quick service restaurants. Franchise operations which are part of restaurant chains have standardized foodstuffs supplied to each restaurant from central locations. The capital requirements for opening up a fast food restaurant are relatively...
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...inn Melbourne airport hotel’s restaurant renovationproject in detail. As management decided to carry on this project this project plan generated to express the information identified such, legal, human resource, financial, technical requirement as well as customer review, deliverables, milestones, limits and exclusions when achieving project objectives and analysed risk and contingency planning to avoid or minimize the negative impact to the project. By delivering this project with in the period of 3 months’ and budget limit of $220,000 hotel is expecting to increase its revenue and make a high profit margin to get back the money in two years’ time. Therefor hotel managers will be having meetings and audits with project management team to confirm the quality of the project and to make decisions if required. 2. Scope Statement 2.1 Project Objective The objectives of the Holiday Inn restaurant renovations are as follows * To open and furnish the extended restaurant at the Tullamarine located Holiday Inn. * Complete the project by ……………. * The project budget cannot exceed $............. * Complete renovations without failing an inspection. * Minimise the negative impact on customer’s service throughout the Hotel Inn during the renovations. * Final product conforms to all relevant State building legislations, Victorian renovation regulations, building codes and standards as per requirement. 2.2 Project Requirements * Project contract must...
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... 1. BACKGROUND: _ Outback Steakhouse is an American casual dining restaurant chain based in Tampa, Florida with over 1200 locations in 22 countries throughout North and South America, Europe, Asia, and Australia. It was founded in February 1988 in Tampa by Bob Basham, Chris T. Sullivan, Trudy Cooper and Tim Gannon, and is now owned and operated in the United States by OSI Restaurant Partners, and by other franchise and venture agreements internationally. _Canadian Outback restaurants began in 1996. In March 2009, Outback Steakhouse Canada abruptly closed all nine locations in the province of Ontario, citing poor economic conditions. In June 2009, an Outback restaurant reopened in Niagara Falls, but has since closed. After closing one location in 2012 and a second in 2013, only one Outback location in Canada continues to operate in Edmonton, Alberta. _ In 1997, Outback entered the South Korean market through the franchise agreement with Aussie Chung Inc. Currently, there are 101 Outback Steakhouse locations throughout South Korea. On June 14, 2007, OSI Restaurant Partners completed a stock repurchase plan, and the company is now privately held. _ In April 2012, Bloomin' Brands, the current owner of Outback Steakhouse, filed with the SEC to raise up to $300 million in an initial public offering. 2. OUTBACK’S START-UP STRATEGY _ The Company's strategy is to differentiate its restaurants by emphasizing consistently high-quality food and service, generous portions...
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...paper. This paper will comprise of contemplations regarding various issues which these businesses will have to face. These may include issues related to legal, liability, control, taxation, and risk and regulatory. Furthermore a hypothetical manager scenario will be there according to which a manager will hire from amongst several candidates with different qualifications and experiences. An advertisement for a jackhammer operator will be placed in accordance to which the applicant will be selected from numerous applicants and also the regulatory and legal issues will be considered while doing this selection. Professional Practice Scenario As per this scenario, a big loan or credit is required by Akiva and Tara who are interested in opening a birthing clinic. For this purpose they need large financing which is possible through the loan. A limited partnership will be created when two medical professionals Akiva and Tara will enter a partnership. This will be an LLP or Limited Liability Partnership. According to Cheeseman (2010, p.274) there is advantage for the partners to enter an LLP as the liability on each partner is up to the capital contribution or investments in the partnership. When articles of partnership is filed with the secretary of the state where the partner ship is organized then the LLP is formed. This partnership is governed by the LLP laws of the state and in order to perform and continue business in a state the partnership must follow the state laws and regulations...
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...LONDON SCHOOL OF COMMERCE COLOMBO CAMPUS SRI LANKA MBA FOR EXECUTIVES INTERNATIONAL MARKETING MANAGEMENT Student Name : N.Kushmi.E.R Gunawardane Student ID No : 0020NLNL1113 Module Lecturer : Dr.Lester Massingham Module Tutor : Ms. Nilusha Gallage Date Submitted : 19th June 2014 Total Word Count : 3500 Executive Summary This report plan is written proposal for “Ministry of Crab” (MOC) restaurant to launch overseas. Situated at Dutch hospital, a prominent tourist location in Colombo city, MOC is currently a popular restaurant in Sri Lankan food industry. Author has analysed all the strategies that are available to go international evaluating their pros and cons. Franchising is introduced as the best option to go international for MOC in this report and facts are justified with relevant examples. Next author has looked at the market attractiveness proposing the two places which MOC should approach first in developed and developing countries. Geographical and historical facts are researched and analysed to find why MOC should approach these countries first. Next author has focused on country comparative analysis and discussed barriers to entry common to international trade. Non tariff barriers are identified related to two chosen countries that is United Kingdom and Bangladesh. In the final question author has discussed the product life cycle and international...
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...state’s corporate income tax based solely on the fact that it received royalties from franchisees in Iowa. The state cited Geoffrey v. South Carolina Tax Commission and related cases in support of its position. However, a victory by the state would represent an extension of those cases because KFC involves licensing agreements between unrelated parties. The KFC case could result in a landmark decision for states attempting to impose income tax on out-of-state franchisors and other similarly situated taxpayers. Background on State Tax Nexus Historically, many franchisors have reported and paid income taxes only in states in which they have a physical presence. This practice is based on a 1992 U.S. Supreme Court case, Quill Corp. v. North Dakota, which held that the Commerce Clause of the United States Constitution barred states from imposing a use-tax collection obligation on out-of-state corporations that had no physical presence in the taxing state. The court held that such corporations did not have the “substantial nexus” with the state that was required under the Commerce Clause. Since Quill, many state taxing authorities have argued that the physical-presence requirement enunciated in that case applied only to state sales and use taxes. Taxpayers, on the other hand, have read Quill to apply to state income taxes as well. The first major case to address these conflicting interpretations was Geoffrey, which was decided by the S. C. Supreme Court in 1993,...
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...Assignment 1: Training and Development in Small Business Professor Thomas Swinney Training and Development November 14, 2014 Development in in Small Business Daycare centers are used most often by working parents, single mom’s and dad’s and sometimes stay at home parents who want some time to themselves a couple days a week. It’s a great alternative if you don’t have relatives that are available to watch your children that are not old enough to go to elementary school. Daycare centers should provide the emotional and social needs for babies that are crucial during the first two years of life in developing the learning structures of the brain. They provide a loving environment that will give your child a chance to grow and learn with other children their age and generally centers take kids as young as 6 weeks old to 6th grade. A center that has an after school program is another great way to supply additional income to the center by offering after school activities to keep kids busy until they are picked up by their parent after they are done working. Daycare centers that are not part of a big chain lack standard training for their personal. The person’s that are in the room’s with the younger kids are normally mothers, grandmothers or young adults that love kids but aren’t necessarily trained to watch them and nurture them during their development stages. Training should be a very big part of hiring teachers in daycare centers and it should be on-going where...
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...BJ’S RESTAURANTS, INC. 2012 ANNUAL REPORT INCREASE IN REVENUES TO $708.3 MILLION 14 % % Resonating with the consumer. INCREASE IN COMPARABLE RESTAURANT SALES 3.2 11 % INCREASE IN OPERATING WEEKS $ 31.4Million fISCAL 2012 NET INCOME $ 1.09 fISCAL 2012 NET INCOME PER DILUTED SHARE BJ’S RESTAURANTS, INC. INVESTING IN QUALITY A loyalty proven by our financial results. 61 2 3 5 4 1 2 1 1 3 6 1 28 1 11 selected financial highlights (dollars in thousands, except per share amounts) Revenues Net Income Net Income Per Share: Basic Diluted Total Assets Shareholders’ Equity Number of Restaurants at Year End Comparable Restaurant Sales Increase (Decrease) $ $ 2012 $ 708,325 $ 31,409 1.12 1.09 2011 $ 620,943 $ 31,570 $ $ 1.14 1.08 2010 $ 513,860 $ 23,162 $ $ 0.86 0.82 2009 $ 426,707 $ 13,038 $ $ 0.49 0.48 2008 $ 374,076 $ 10,308 $ $ 0.39 0.39 $ 566,876 $ 371,834 130 3.2% $ 502,079 $ 332,449 115 6.6% $ 430,085 $ 287,826 102 5.6% $ 381,122 $ 252,979 92 (0.8%) $ 335,209 $ 232,277 82 (0.3%) TOTAL LOCATIONS / JANUARY 1, 2013 130 We opened 16 new restaurants, including one relocation, which translates into an Certain statements in this Annual Report and all other statements that are not purely historical constitute “forward-looking” statements for purposes of the Securities Act of 1933 and the Securities and Exchange Act of 1934, as amended, and are intended to be covered by...
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...Establishing a Business in Cambodia March 2010 Contents • Choice of Legal Entity • Registering a PLC • Bank Account & Deposit • Name & Trademark • Tax Considerations • Labor Obligations • Licensing S trong economic growth, low startup costs, and a wealth of untapped markets make Cambodia an attractive environment for starting up a business. Many foreigners arriving with no intention of becoming an entrepreneur, find themselves opening their first business in this exciting marketplace. Whether you are an experienced entrepreneur coming here to start another venture, or are transitioning to self-employment for the first time, properly establishing your company in full compliance with the law is crucial. While many businesses operate informally, many more have been shut down or encounter ongoing problems from the authorities. Spending the time and money to do everything properly is the only way to avoid potentially insurmountable hassles in the future. a single member limited company, with all the advantages of a PLC. The law also allows for public limited companies, though these will only be established once the Cambodian Securities Exchange is opened, sometime this year. Sole Proprietorship A sole proprietorship is owned and operated by a single person who owns all its capital and is entitled to all its profits. Conducting business on your own, without ever formally registering, will be deemed a sole proprietorship. All obligations and liabilities of the proprietorship...
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...over 50 years. In 1988 European sales accounted for 25% of all Disney product licensing sales. This is one of the main points that need to be considered while evaluating the opportunity. Europeans were already familiar with Disney products and they appeared to be very receptive to it. Another major point that needs to be considered to evaluate the project is the population and how easily they can access Disney Park. European population exceeded that of the United States by 150 million in roughly one-half of the land mass. This meant that Disney would be accessible to more number of people who lived closer to it than in the United States. Also, Europe had a lot of holiday destinations such as Paris, Madrid and London. This means that a large number of people from outside Europe would be visiting these places and they could also be added to the number of potential people who would visit the park. European vacation practices also would play a major role in setting up a park there as they took upwards of five weeks of vacation a year, whereas most Americans took only two or three. The choosing of location in Paris, France was a wise decision as it was almost at the center of Europe. Seventeen million people lived within two hours; of the site by car, 109 million people lived within six hours of the site by car, and 310 million people could reach the complex by plane in less than two hours. The planned opening of the Euro Tunnel in 1994 would make Euro Disney accessible from England in...
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