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E2 Business Plan from ImmigrationBusinessPlan.com

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Company strategy<br />

The Company decided that the best way to enter<br />

the local market would be to acquire an existing<br />

bakery since this would represent a shortcut, given<br />

the fact that an existing bakery would already have<br />

all the permits to operate the business. Getting<br />

permits can be a stumbling block for foreign entrepreneurs<br />

who are not familiar with US regulations<br />

and don’t know how to build a bakery in accordance<br />

with those regulations.<br />

The Company forecasts a rapid market entry in the<br />

Boca Raton area through both a <strong>com</strong>prehensive<br />

business model and an aggressive marketing effort.<br />

The Company business model is based on four<br />

sub-business models revolving around the bakery<br />

unit:<br />

1. Sales on premises with both breakfast and<br />

lunch offers;<br />

2. Delivery of products. Boca Raton has a high<br />

concentration of offices. Therefore, the Company<br />

intends to market its products to office<br />

workers through delivery;<br />

3. Supply contracts. The Company will seek to<br />

win contracts to supply its products to hospitals,<br />

schools, restaurants and hotels. This is a<br />

big market. The Company will be able to <strong>com</strong>pete<br />

with a wide variety of products;<br />

4. Catering services. The Company will provide<br />

products for catering events. James Smith has<br />

also a long experience in the catering service.<br />

The Company will therefore be able to offer a<br />

<strong>com</strong>prehensive catering offer <strong>from</strong> day 1.<br />

Employees are this business’ greatest asset. Great<br />

care would be taken in recruiting people who love<br />

working with these products and who are always<br />

ready to help. The consistency of the quality depends<br />

on it.<br />

French Bakery, LLC will be open <strong>from</strong> 7 a.m. to 7<br />

p.m. <strong>from</strong> Monday to Thursday. It will close at 4 pm<br />

on Friday. It will open at 8 am and close at 6 pm<br />

on Sunday. Therefore, a bakery will be opened 67<br />

hours per week.<br />

French Bakery, LLC plans to put together marketing<br />

material such as postcards, business cards,<br />

brochure, delivery menus, as well as a website.<br />

The Company is also planning to get in touch with<br />

all the synagogues and the Jewish <strong>com</strong>munity<br />

centers in Boca Raton and its vicinities to advertise<br />

its products and be listed as a kosher business<br />

in their directories.<br />

On a daily basis, James Smith will contact potential<br />

clients to get supply contracts and catering<br />

contracts. The Company will send baskets with<br />

fresh products to convince potential clients of the<br />

quality of its products.<br />

As mentioned earlier, the Company plans to open<br />

a second bakery in year 3. The location of that second<br />

bakery has not been decided yet. However,<br />

several locations are already being considered:<br />

Fort Lauderdale, Aventura, and Bal Harbour.<br />

This second bakery would reinforce the Company<br />

critical mass to achieve economies of scales.<br />

14<br />

French Bakery, LLC

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