Business Plan Essay Example | Topics and Well Written Essays - 1000 words - 3

Business Plan - Essay Example Other investment requirements will be financed by a $200,000 loan from Jabal Bank at a 5% interest rate repayable in two years. 3. Human resource plan Renowned hotelier Charles Duncan charged with the responsibility of general business running and procurement will manage Emirates Restaurant. Management foresight in former management undertakings in the industry has won him many accolades. He has masters in business administration from the Dubai University and has a number of successful stints in well performing hotels and restaurants in Emirates. The deputy management will be Mark Weber who has a bachelor in business Administration and is a recognized person in the hospitality industry. The deputy manager will be responsible for public relation, community development, and sales. Marketing duties and sales, pricing are also some of the responsibilities to be undertaken by the deputy manager. The other employees to undertake the support roles for the daily running of the company will i nclude five chefs trained in catering an accountant to aid in recording transactions to the computer and the daily procurement and petty cash payments. A security officer to guard the premises and four waiters to aid in taking orders and deliveries will also be employed by the company. The number of employees will be increased as need arises when the management feel the need to augment the company operations to meet increasing demand. 4. Production plan The production plan at Emirates Restaurant is a main facet for the company’s development and success. This is evidenced by the need for efficiency in inventory management and maintaining healthy foods and high quality for safety of the consumers. This will aid in avoiding costly lawsuits and a taint in the reputation of the company. i. Food Safety Apart from ensuring efficient production, careful inventory handling by the employees of Emirates Restaurant will aid as a measure to minimize food borne illnesses. This ensures no d amage to clients, which can ruin the restaurant’s reputation and emergence of costly lawsuits. Emirates Restaurant will ensure food safety is maintained through meticulous stock rotation and keeping food in apposite temperatures. ii. Inventory Management This entails the need by the management and production personnel to ensure the inventory ordered are enough to meet orders made but in right quantities for use before they spoil. The main reason for ensuring this is to avoid excess inventory. Excess inventory is cumbersome and retard the production process. Comparison of time periods in relation to seasonal demand fluctuations are the methods the management will make use of in ensuring there is efficiency in inventory management. iii. Employee training on handling Supplies Cases of unforeseen circumstances in the production process including delay in inventory and malfunctioning of equipment require trained and informed staff to ensure exercise of discretion as the situation requires. This will create efficiency in the production process and avoid losses to the restaurant due to timely and conscious adjustment of the production process by the employees as the situation calls. iv. Keeping of Records Maintenance of current and detailed records of the production