1. Business Plan
What is Business Plan
A business plan is a formal statement of a set of business
goals, the reasons why they are believed attainable, and the plan
for reaching those goals. It may also contain background
information about the organization or team attempting to reach
those goals.The business goals being attempted may be for-profit or
non-profit. For-profit business plans typically focus on financial
goals. Non-profit and government agency business plans tend to
focus on service goals, although non-profits may also focus on
maximizing profit. Business plans may also target changes in
perception and branding by the customer, client, tax-payer, or
larger community. A business plan having changes in perception and
branding as its primary goals is called a marketing
plan.Operational plans describe the goals of an internal
organization, working group or department. Project plans, sometimes
known as project frameworks, describe the goals of a particular
project. They may also address the project's place within the
organization's larger strategic goals
Business plans may be internally or externally focused.
Externally
Externally focused plans target goals that are important to
external stakeholders, particularly financial stakeholders. They
typically have detailed information about the organization or team
attempting to reach the goals. With for-profit entities, external
stakeholders include investors and customers. External
stake-holders of non-profits include donors and the clients of the
non-profit's services. For government agencies, external
stakeholders include tax-payers, higher-level government agencies,
and international lending bodies such as the IMF, the World Bank,
various economic agencies of the UN, and development banks.
Internally
Internally focused business plans target intermediate goals
required to reach the external goals. They may cover the
development of a new product, a new service, a new IT system, a
restructuring of finance, the refurbishing of a factory or a
restructuring of the organization. An internal business is often
developed in conjunction with a balanced scorecard or a list of
critical success factors. This allows success of the plan to be
measured using non-financial measures. Business plans that identify
and target internal goals, but provide only general guidance on how
they will be met are called strategic plans. How Business Plans are
Used
Venture Capital
Business plan contests - provides a way for venture capitals to
find promising projects
Venture capital assessment of business plans - focus on
qualitative factors such as team.
Public Offerings
In a public offering, potential investors can evaluate
perspectives of issuing company.Within Corporations
1. Fundraising
2. Total Quality Management
3. Management by Objective
4. Strategic Planning
5. Education
Objective of Business Plan1. To continue our strategy of
controlled growth and through improved management to continue to
increase our net margin
2. To increase client satisfaction, through improved reporting,
accuracy, timeliness and estimates of cost and value, together with
a better understanding of our Clients needs
3. Whilst maintaining our commitment to core water industry
customers, continue to diversify into targeted markets in Energy,
Rail & Scotland
4. To learn how to formulate an effective Business Plan.
5. To continue our strategy of controlled growth and through
improved management to continue increasing our net margin
6. Operating the firm efficiently.
7. Funding the firm.
8. Seeking financing.
9. Arranging strategic alliances.
10. Obtaining large contracts.
11. Testing the viability of our plans.12. Attracting key
employees.
13. Business plan can uncover omissions and/or weaknesses in our
planning process.14. To organize our thoughts and ambitions for our
business venture.15. It can be used as a selling tool in dealing
with important relationships including our lenders, investors and
banks.16. Completing mergers and acquisitions.
17. To help banks and others who might lend us money.18.
Starting international operations.
Origin of the Report
Ms Rehma akhter the course instructor of the Entrepreneurship
Development (Mgt 346) has assigned the students of Spring Semester
2011 (9th semester) to prepare a business plan. This business plan
is a part of our course. She has approved our topic on Restaurant
for our business plan.
Methodology
This is a business plan to establish a restaurant business. Now
a day, restaurant business is a popular business in Bangladesh.
Restaurant business is also a profitable business because people
use to visit restaurant in every special day of his/her life. Our
business plan is prepared by the queries of several restaurant
customers & other restaurants managers. Some surveys have been
conducted and some interviews were taken.
Limitations
There may be some limitations behind this report. These are
1. There was lack of information which we searched.
2. The Managers of other restaurants did not share enough
information with us.3. Some time the managers provide wrong
information.
4. People sometime seem very unfriendly while asking
questionnaires.
5. We are failed to survey outside of Dhaka city.
6. The market survey is not sufficient to justify the total
market condition of Dhaka city.
7. Our survey is limited to Dhanmondi area.
8. Most of the time we estimated the prices, costs, which may
differ.2. Introduction of the Restaurant
Description of the Restaurant Company Name: New & Tasty
Restaurant Mission Dialogue: Tempted to try something Product Type:
Thai & Chinese Foods Logo of the Firm:
Ownership: It is a partnership business firm consisting of two
dynamic partners, who are willing to share the capital, profits,
and losses of the business equally. Name of the Partners:
1. Md. Tawhed Been Mosleh2. Md. Mahadi Hasan
Vision:
Our vision is to capture the restaurant business in Bangladesh
& become the highest ranking restaurant.
Mission:
To sell delicious and remarkable food and drinks. The food and
drink we will sell, meets the highest standards of quality,
freshness and seasonality.
To have every customer who comes through our doors leave
impressed by New & Tasty and excited to come back again.
To create and maintain a restaurant that is comprehensive and
exceptional in its attention to every detail of operation.
To provide all who work with us a friendly, cooperative and
rewarding environment which encourages long- term, satisfying,
growth employment.
To keep our concept fresh, exciting and on the cutting edge of
the hospitality and entertainment industry.
To use our restaurant to improve the quality of life in the
Dhanmondi region.Goal:
Our goal is to sell 80000-100000 tk & to capture 200-300
customers daily.
To make a good impression of our restaurant, we will hire
experienced employees.
A well known & experienced (5 -10 years) chef will be hired
to meet the highest quality of foods.
To keep a good relation with the customers, we will provide
better services. Description of Premises & Facilities
Our Restaurant will be located in Dhanmondi We are buying 3000
sqft area for our New & Tasty Restaurant. 1 basement is for
Parking Lot which can hold approximately 150 cars. Our restaurant
is consisting of 2 floors & can hold almost 300 people.
Basement
The basement is mainly for car parking. There will be a room
facility (including bath room) for the security guards the basement
will be allocated almost 2500 sqft. This area can hold almost 150
cars. The generator will be place in basement which will not annoy
the customers with sounds & smells. There will be also a lift
access to the basement so that, the customers can easily
communicate to car parking.
Ground floor
This floor will provide a manager desk & cashier section.
The food will be prepared in this floor. There will be room for
super vizier it can be hold 80 customers. There will be fresh room
for both ladies & gents separately. 1st floor
This floor will be highly decorated with musical instruments.
This floor can hold 100 customers. There will be also a playground
for the children. Fresh room is also available in there. 2nd
floor
This floor provides a large space which is specially decorated
for parties. This floor can hold 120 customers. The special buffet
order will be served in this floor.3. Partnership AgreementNew
& Tasty Restaurant
Dhanmondi, Dhaka 1209.Bangladesh.
Telephone: 88028032532
1. The agreement is made within the following Two persons,i. Md.
Tawhed Been Mosleh
11/A, Road#13, Dhanmondi, Dhaka 1209, Mob: 01815428728, Email:
[email protected]. Md. Mahadi Hassain
95, West Dhanmondi, Shankar, Chairman Goli,
Dhaka 1207, Mob: 01913483456, Email: [email protected]
3. The type of the business is a restaurant business & the
investment requirement is total amount tk. 13,87,41,025. 3. The
amount of investment by each partners are as follows:
Name of PartnersShareInvestment in amount (tk)
Md. Mahadi hassan 608,32,44,615
Md. Tawhed Been Mosleh405,54,96,410
4. The profit and losses will be shared as follows
Name of PartnersShare
Md. Mahadi Hasan60
Md. Tawhed Been Mosleh40
SHAPE \* MERGEFORMAT
5. Each partner can draw 65% of their income and remaining 35%
will go to retained earnings.6. The important duties of the
partners are,
i. Justice, Faithfulness: True accounts, Full Information:
Partners are bound to carry on the business of the firm to the
greatest common advantages, to be just and faithful to each other,
and to render true accounts and full information of all things
affecting the firm to any partner or his legal representative.
Sec-9
ii. Equality of losses: Subject to any contract to the country,
partners are bound to pay the losses of the firm equally. Sec-
13(B)
iii. No private benefit: A partner cannot use the partnership
properties directly or indirectly for his own benefit.
iv. NO secret profit: If a partner carries on any competing
business of the firm, s/he shall account for and pay to the firm
all profits made by him on the business. Sec-16 (B)
v. Unlimited liability: Every partner is liable for the acts of
the firm done while s/he is a partner. The liability is joint and
several. Sec-25
7. Decision making for every possibility will be done by Md.
Mohebbullah Khan, Managing Director of New & Tasty restaurant.
But, every partner has some right to act on behalf of the firm. He
has express and implied authority. 8. Each partner has a chance to
write down, the name of his authorized nominee (Wife, children, or
third party). If anyone become disabling or incase of death, the
authorized people will get the amount of the invested money. As
well as this contract will be broken down. The third party will not
be treated as a partner.
9. If anyone become accuse of doing a bad situation, he must be
punished based on the intensity of the impact. If it is high, he
should be expelled from the business and this contract will be
isolated.
10. Any partner, who wants to leave, has the right to transfer
his ownership to another person, who is capable enough.
11. The rights of partners, and the relations of partners to one
another, are determined by the agreement of the partners.12.
Conduct of business: Every partner shall have the right to take
part in the conduct of the business section 12 (a).
13. Equality of profits: The partners are entitled to share
equally in the profit earned. -Sec.13 (b).14. Every partner has
some right to act on behalf of the firm. He has express and implied
authority.
15. A partner has the right to get the firm dissolved under
appropriate circumstances. Upon dissolution, the partners have the
right to get accounts of the firm and surplus assets according to
their shares.
16. Right to carrying on a competing business: By a special
agreement, an outgoing partner can be prevented from carrying on a
similar business within a specified period or local limits.17.
Right to share profits after retirement: If after retirement, the
continuing partners carry on the business of the firm with the
property of the firm the out going partner is entitled to get share
of profits or 6% per annum of his share of the property of the
firm, at their option. Sec-37.18. New & Tasty restaurants
partnership agreement will be registered by the authorized
register.
19. Before doing this, New & Tasty restaurant will complete
the licensing requirement by the concerned authority.
20. All sorts of products price of New & Tasty restaurant
will be enlisted to sales tax as far the requirements of government
regulation.
21. All individuals of this partnership business are liable for
payment of income tax by maintaining government regulations in
regarding sector.
4. Analysis of the Restaurant
Location
1. Our Restaurant will be located in Dhanmondi 11/A, Dhaka-1207.
Because most of the school, university, banks, hospitals, shopping
malls situated in Dhanmondi. Also Dhanmondi is a residential area
& many companies are situated here. The transportation
facilities are also easy in Dhanmondi.
2. We are buying 3000 sqft area for our New & Tasty
Restaurant. 1 basement is for Parking Lot which can hold
approximately 150 cars. Our restaurant is consisting of 2 floors
& can hold almost 300 people.
3. The raw material such as chicken, beef, rice, vegetables etc
can be found in Mohammadpur Town Hall, Kauran Bazar near to the
Dhanmondi 11/A. The transportation of these raw materials is also
easy & low cost.
4. Work forces are also available in Dhanmondi. Employee can be
located in Rayerbazar, Hazaribag, West Dhanmondi, Mohammadpur,
Zigatola.
5. We will not face any problem to connect with the power/ water
supply, sewerage system in Dhanmondi. Even more we will provide
uninterrupted power supply backup. Reason for choosing Dhanmondi
location: Dhanmondi is a crowded area; most of the schools,
universities, banks, residence are located in Dhanmondi. Moreover,
Dhanmondi lake is a popular place & people often used to visit
this place. There are also many companies situated in Dhanmondi
& many different people come to work in this place. The Abohany
Club is very popular in Bangladesh, many foreign players use to
visit this club for playing or, practicing. There are many
hospitals in Dhanmondi such as, Labaid, Medinove, Bangladesh
Medical, IBNE Sina, City Hospital, Womens & Chilrens Hospital
& also the largest hospital Square is located very near to the
Dhanmondi. Dhanmondi is a heart of shopping mall, in recently the
shopping mall grown hugely. Shopping mall such as, A.R.A Plaza,
Rifles Square, Prince Plaza, Metro Shopping Mall, Rapa Plaza,
Shankar Plaza, Almas, Meena Bazar, A.R.Plaza, Nandon, ETC, PQS,
Genetic Plaza are located in Dhanmondi. The popular Art gallery
Dreek is situated in Dhanmondi. Former Secretary and Ambassador Mr
M Zamir noted that about 40 years ago only one thousand families
used to live in Dhanmondi whereas now about 20 thousand families
live in this area (2002 reports).
Considering all these factors, Dhanmondi has many prospective
customers & it is a perfect place for a restaurant
business.
Publicity
Our Restaurant will be located in Dhanmondi 11/A, Dhaka-1207.
Because most of the school, university, banks, hospitals, shopping
malls situated in Dhanmondi. Also Dhanmondi is a residential area
& many companies are situated here. The transportation
facilities are also easy in Dhanmondi.
We are offering musical instrument in New & Tasty
Restaurant. We provide Party facilities, violin play in
occasionally. We are also providing home delivery. People can order
different food items via telephone, e-mail. We will also have an
internet domain of our restaurant. We also provide credit-card
facilities.
We will advertise our restaurant via TV media, radio media,
newspaper, magazine, internet, banner, and billboard. We have some
sales promotion offers, such as, discount for food packages, free
mineral water on launch packages, discount for djuice users,
discount for Grameen Phone employees Advertising
Advertising is any paid form of non personal presentation and
promotion of ideas, goods, or services by an identified
sponsor.
Informative advertising aims to create awareness and knowledge
of new products or new features of existing products.
Our Restaurant business is open a new venture, so we are decided
to the Informative advertising from four advertising objective.
Our advertising massage is our food quality is better than other
restaurants food quality and we are based on customer satisfy.
Advertising media:
Media choosing is the most effective for New & Testy is to
choose the advertising media, which are the advertising outlets,
including newspapers, television, direct mail, radio, magazines,
newsletters, brochures, telephone, internet, billboards and outdoor
displays.1. Newspapers:Newspaper advertising is flexibility,
timelines, good local market coverage, broad acceptance and high
believability. Newspapers allow us to reach audiences from small
local communities to national readerships in the millions. So
newspaper is the best media for our New & Testy Restaurant. The
newspaper that will be used for New & Testy are Daily Prothom
Alo, The Daily Star, the Daily Jugantor, Daily Naya Digonto, Daily
Ajker Kagoj, DailyJanakantho , Daily Inqilab, Bangladesh Observer,
Daily Independent and Daily New Nation.2. Television:
Television media is the most favorite and powerful advertising
media for any product. Television advertising is combines sight,
sound, and motion, appealing to the senses, high attention &
high reach. Although the Television Media is very expensive but if
we calculate the reach of the message, then the cost will be lower
for per person. New & Testy will mainly broadcast its
advertising within the cooking programs, sponsor to the TV films,
drama, sports programs, music programs, news programs. New &
Testy Restaurant will use, Ntv, ATN Bangla, ETV, RTV, Chanel I, and
Boyshakhi TV Chanel.
3. Magazines:
Magazine has high geographic and demographic selectivity,
credibility and prestige, high-quality reproduction, long life, and
good pass-along relationship. In these cases the New & Testy
Restaurant will use Magazines as advertising media.
4. Outdoor:Outdoor is the other advertising media for New &
Testy Restaurant. Because outdoor is flexibility, high repeat
exposure, low cost, low competition. In this advertising we will
use billboard & banner.
5. Internet:Internet is the most important advertising media for
New & Testy Restaurant. We have already bought an Internet
Domain. Our Internet address is www.newntasty.com. People can
easily access to this site & get detail in formations about our
recipe. Even more, people can order foods from internet.
Customer
Dhanmondi is a crowded area; most of the schools, universities,
banks, residence are located in Dhanmondi. Moreover, Dhanmondi Lake
is a popular place & people often used to visit this place.
In 2002, about 20 thousand families live in this area, now a day
it increases largely. Customers for a restaurant are very much
prospective in Dhanmondi area.
We, surveyed many other restaurant customers. Many of the
customers were unwilling to participate..A customer satisfaction
survey is one way to gather this vital information. The customer
satisfaction survey below is designed to get our customers to tell
us what they really think. We will use the following customer
satisfaction survey form:
New & Tasty Restaurant
We are constantly looking for ways to improve the quality of our
products and services. To do that, we need to know what you think.
We would really appreciate it if you would take just a few minutes
to respond to the handful of questions below. As a valued customer,
how you rate our work is the most important information we can get.
Please help us do the job you deserve - the best possible!
Please circle Outstanding or Needs Improvement and comment:
Products:
Outstanding
Needs
Improvement-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Services and Support:
Outstanding
Needs
Improvement-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------Delivery:
Outstanding
Needs Improvement
-----------------------------------------------------------------------------------------------------------------------------------------------------
Ordering and Billing: Outstanding Needs Improvement
-------------------------------------------------------------------------------------------------------------------------------------------------------
Employees: Outstanding Needs Improvement
-------------------------------------------------------------------------------------------------------------------------------------------------------
Competitors
We surveyed four well known restaurants in Dhanmondi. These are
Four Seasons, Xindian, Xenial & Broccoli. We asked several
questionnaires to the managers.
Xindian:
Xindian is situated in Dhanmondi 27, a crowded area in Dhaka
city. Xindian already captured most of the restaurant business in
Dhaka City. Over all Xindian has many branches & they are
highly competitive among themselves. Xindian is very much concerns
in quality. This restaurant is a big threat for our restaurant.
Xenial:
Xenial is also situated in Dhanmondi 27, which is another branch
of Xindian. So, Xenial also captured most of the restaurant
business in Dhaka City. Xenial is very much concerns in quality.
This restaurant is also a big threat for our restaurant.
Four Seasons:
Four Seasons is situated in Dhanmondi 26. It is a new restaurant
in Dhanmondi & becoming very popular in recent years. Four
seasons is very much concern with the servicing. This restaurant
can be a threat for our restaurant.
Broccoli:
Broccoli is situated in Dhanmondi 9/A which is very much near to
our restaurant.
This restaurant is occurring losses in recent year, they have
minimum facilities. This restaurant is not very much threat to our
business.QuestionsRestaurant
What is the name of your restaurant?Four
SeasonsXenialXindianBroccoli
When did you start your restaurant?December 200719962002October
2000
How much money did your restaurant spend to start
business?ConfidentialConfidentialConfidential3000000 tk
How much employ does it contain? (service boy, managers,
others)Service Boy 3545 Staffs70Service Boy 11
Security 2
What type of customers do you have most- students/service
holder/business man/family?FamilyFamilyLaunch Business Man, Service
holder
Dinner- FamilyFamily, Couple, Fixed Customer
How much customer can your restaurant hold?150350700120
How much Car Parking can you hold?Not asked304020
Which type of foods customer demand most?SZE-Chuan Chicken
SaladThai Special Fried RiceChuan Chicken Salad, Thai SoupChicken,
Thai, Deshi
Name some of your competitor?N/A4 branches, competition among
the branch7 branches, competition among the branchN/A
Do you have any special service/s other than your
competitor/sN/A Discount Offer
Bangali food by order of minimum 100 persons
conference facility Bangali food by order of minimum 100
persons
conference facility Quick Launch
Home Service
Office Service
Buffet Service (If ordered)
What is the Salary of your employees?Confidential5000 (kitchen
service)Staffs Total- 20000
Manager -40000Staff 6000 per
Chef 12000-15000
How much customers visit your restaurant daily?100-150
average
300 on Friday500-600
Friday 1000
20 (poor in recent year after caretaker government)
How much is your daily sell?70000-100000 tk60000-70000
tkConfidential10000-20000 (poor sell in recent year)
In which day & how much party occurs? Mostly on Friday
1/2 PartyFridayFridayN/A
Other Information Menu
Launch 20%, Dinner 80% Visit
Non-Smoking
Menu Non Smoking Zone
Menu
Menu
SWOT Analysis
Strengths
a. We have sufficient employers to operate our restaurant
business.
b. We will hire well known chef to provide best quality food to
the customers.
c. Our service charged is 8% which is lower than the other
restaurants service charge.
d. One of our members is highly trained in marketing expertise
which will helps us to focus our restaurant to the customers.
e. Our Human Resource Manager is very friendly & can easily
motivate others, which will help employers to work efficiently, can
easily dissolve any conflict & also can motivate their
work.
f. We are focusing on high quality food items with high quality
raw materials; this is one of the strengths of our restaurant
business.
g. We have home service facilities.
h. We also have security cameras each floor. Weakness
a. We have insufficient money to operate our business.
b. We have short space, not enough places to parking
c. Our business partners are also related to other business,
thats why they cannot give sufficient time to our restaurant
business.
d. Our employs are not enough educated thats why they cannot
communicate to the foreign customer.
e. We do not have training facility for our employees.
f. We have not employees transportation facility.
Opportunities:
a. Many customers live in Dhanmondib. A crowded place due to
Dhanmondi Lake, Offices, Hospitals, Schools, Universities etc.c.
Technology advancement.d. Employers are available in Dhanmondi
Threats:
a. Price inflation
b. Insufficient Electricity and water.
c. Political instabilityd. Huge number of restaurant in
Dhanmondi
5. Management of the Restaurant
Organogram of New & Tasty Restaurant
Work Policy
Work policies are one of the important things, which the
organization should consider very carefully. There are certain
factors that should be included in work policies that may affect
employees. Due to poor labor law and increasing number of welfare
organizations in the country, the workers sometimes want to fulfill
unfair means. This is why nowadays the organizations signed the Job
Specification and Job Description so that they are totally aware of
the situation and later they cant raises their voice. The purpose
of policy is to provide guidelines for administering a modified
duty program.
We have considered certain areas in which we will reveal details
of our work policy. They are as follows
Hours of works:
There will two shifts in our company. They are-
1. 8 am to 4 pm morning session
2. 4 pm to 12 pm afternoon session
Safety accident prevention:
1. First aid box will be there for small injuries.
2. Fire extinguisher will be present on the spot.
3. Clinic will be there to deal with serious injuries happened
to workers at the time of duty.
Compensation:
The most important and the most vital work of a human resource
manager are to plan the compensation program of an organizations
employees. Job evaluation is the process whereby an organization
systematically establishes its compensation program. In this
process, jobs are compared in order to determine each days
appropriate worth within the organization.
Employees exchange work for rewards. The most important reward
and indeed, the most obvious is money. But not all employees earn
the same amount of money. This differentiation is explained by the
compensation program.
The goal of compensation administration is to design
cost-effective pay structure that will attract, motivate, and
retain competent employees. The structure should also appear fair
to employees. We will give two types of hourly rate. One is Tk 29
per hour and another is Tk 25 per hour. Tk 25 will be given in the
morning session. Tk 29 will be given in the night session.
Employee Benefits
When an organization designs its overall compensation program, a
critical area of concern is what benefits to provide. Todays
workers expect more than just an hourly wage or a salary; they want
additional considerations that will enrich their lives. These
considerations in an employment setting are called employment
benefits.Employee benefits have grown in importance and variety
over the past several decades. Once perceived as an added feature,
employee benefit administration has transformed itself into a well
thought-out, well organized package. Employers realize that such
benefits affect whether or not applicants accept their employment
offers, or once employed, stay with the organization. Benefits are,
therefore, necessary components of an effectively functioning
compensation program.
For the employees at NEW & TASTY, special benefit programs
will be provided. The benefit programs are explained below:
a. Workers Compensation - This is for the workers at the factory
of NEW & TASTY. If the worker is hurt at the time of working in
the factory, then any loss to the worker will be borne by the
organization. The injured employee will be compensated either by
monetary allocation or by payment of medical expenses.
b. Sick leave This benefit will provide the opportunity for
employees to take sick leave and also get paid for their absence.c.
Vacation and holiday leave This will be available for the employees
if they are with the organization for a specified period of time.
Common practice would be to relate the length of vacation to the
length of tenure and job classification in the organization.
Time off:
If a worker is suffering problems related with family, in that
time he cant work properly. If we allow him/her a couple of days
leave the result will be better. In this way, we will not lose
skill workers and win the heart of the local people.
Grievance:
We will arrange a session every Friday for workers, where they
will disclose their problems without any type of hesitation. This
will help the management to know what their workers have in their
mind and by this way they can reduce the gap or miscommunication
between them. This sort of open discussion will help the workers to
feel that they are part of the organization.
Termination:
The management will inform the concern worker a month ago that
his job will be terminated at a said date. The worker will receive
a month or half a month salary depending on the situation in which
they will be terminated.
Key Personnel
The following table lists the members of the management team of
New & tasty restaurant and the Position and Experience of each
member.NameAgePositionExperience
Md.Mahady Hssan37Managing Director,Post Graduation in MBA from
North South University,
12 years experience in similar field.
TawhedBeen Mosleh36Finance, Director
Post Graduation in Finance from North South University.Also
currently enrolled in ICAB in CA (Chartered Accounting)
8 years experience in similar field.
A. J. M. Arifuzzaman38Marketing DirectorPost Graduation in
Business from IBA of Dhaka University,
10 years experience in similar field.
Md. Zahirul Islam
35Director of Human Resource Management Post Graduation in
Business from Victoria University, Australia.
10 years experience in similar field.
Md. Erfan Alam39Director of Production & operation
management
Post Graduation in Business from Oxford University, England
Member of the Bangladesh Total Quality Management
6 years experience in similar field
The following table represents the investment by the members of
the management team of New & tasty restaurant and the probable
sources of investment:NameIntended Share of InvestmentProbable
Sources of InvestmentBank and/or Leasing Firm
Md. Mahadi hasan60%Bank Loan and SelfBrac Bank and IDLC
Md. Tawhed Been Mosleh40%Bank Loan and SelfAB Bank and IDLC
Staffing Plan
One of the very critical elements for our business is Staffing
plan for our business successive. Without staff there is no
project.
The list of required number of employees along with their
designation, salary structures, required qualifications and
experiences are given.DesignationNo. of PersonMonthly Salary in
TakaTotal in
(Taka)
Managing Director15000050000
Human Resource Manager13500035000
Marketing Manager13500035000
Finance Manager13500035000
Production and Quality Manager13500035000
Accountants 12000020000
Assistance Manager11500015000
Cashier21000020000
Supervisor2800016000
Service Boy 745500407000
Driver2500010000
Guard320006000
Chef 13500035000
Cooker32000060000
Total 98779000
PositionEducational backgroundExperienceOther qualification
Managing Director,Post Graduation in MBA from North South
University, (major in management)12 yearsExcellent interpersonal
communication skill, excellent leadership.
Human Resource Manager Post Graduation in Business from Victoria
University, Australia. (Major in HR)
8 yearsExcellent interpersonal communication skill, excellent
leadership
Marketing ManagerPost Graduation in Business from IBA of Dhaka
University, (major in marketing)
10 yearsInnovative and hard working
Finance managerPost Graduation in Finance from a Dhaka
University
Also currently enrolled in ICAB in CA (Chartered Accounting)
10 yearsExperience as a Decision provider, financial
analyst.
Production and quality ManagerPost Graduation in Business from
Oxford University, England
Member of the Bangladesh Total Quality Management
6 yearsScience Background
Accountants BBA, Major in finance8 years High expertise
Assistance managerBBA, Major in management 5 yearsHigh
expertise.
CashierBBA, Major in Accounting.6
yearsSkill in accounting terms.
SupervisorGraduate 3 yearsGood knowledge about agricultural
business
Service boyMinimum HSC1 yearsSmartness & good communication
skill
Legal advisorDegree in Law 1yearInnovative
ElectricianMinimum SSC4 yearsGood expression
DriverClass eight 5
yearsMust be energetic
GuardUndergraduate12 yearsVery claver
CookerSSC13 yearsMost clearness
We will hire a Legal Advisor for first year. The salary expenses
for the Lega180000 tk total in one year.We will also hire
electrician when needed. The budget for electrician is 10000 tk in
one year.
Risk Management
It is essential that adequate insurance coverage be maintain by
our restaurant business. Without insurance, we will take extremely
high risks. A lifetime of work can be lost in very short time, if
adequate insurance protection is not maintained.
Recognizing Risk:1. The political instability in Bangladesh
2. Damages of goods due to fire
3. Inflation of money
4. Misusage of food materials
5. Damages of storage food materials
6. Damages of assets (plate, glass, AC etc)
7. Accident cause during transportation
8. Risk of burglary
Dealing with the Risk:1. Employing more experienced
personnel
2. Maintaining & upgrading materials
3. Extensive training on new equipment or procedure
4. Providing iron bar on windows
5. Maintaining adequate security, guard etc.
6. Shift the risk by obtaining suitable insurance policy
7. Make adequate planning to absorb the risks
Mahdi
Tawhid
New & Tasty Restaurant
Plot# 56, Road# 11/A, Dhanmondi, Dhaka 1207.
Bangladesh.
Telephone: 88029110801
Md. Tawhed Been Mosleh
Financing Director
11/A, Dhanmondi 13, Dhaka 1207
Mob: 01815428728
Email: [email protected]
Signature
Md. Mahadi Hasan
Managing Director
51/A/10 West Razabazar,
Panthapath, Dhaka 1215
Mob: 01716455324
Email: [email protected]
Signature
www.AssignmentPoint.com
