Wednesday, March 2, 2016

Blog 19: Third Answer

question reaction jesse eisenberg mark zuckerberg answer
Technically it's my condescending question and I hope all three of my answers were adequate
  • EQ: How can a manager ensure a successful start up restaurant? 
  • In order for a manager to ensure a successful start up restaurant they must have a fully detailed business plan.
"Communication is one of the key purposes of a business plan." It makes it easier when you are receiving a new member in to your restaurant, you can show them the business plan so they can get the big idea about what your restaurant is about. And you can easily share your business plan with companies that are interested in investing and especially when you are choosing to apply for a loan. It gives places an idea of your companies financial plan. 


"Helping you to manage your business is another important purpose of a business plan." Your plan is essentially a goal set for even before you started your restaurant. It helps keep everything under control, if your actual sales don't match your sales set in your business plan you can get an idea of what you must work on. 


"Your business plan can continue to guide you through various stages of growth as your business progresses." You can look back at your business plan to look over what worked for your business at one point if things within the restaurant start going south. Sort of like a reference sheet.



Your business plan already gives you the ideas on how to reach out to your customers. Use these methods when sales aren't so great. Use the sales section of the business plan so you can determine which specific types of advertisement would be best for your business plan. Then continue with modifications as your restaurant begins to expand.


1) http://smallbusiness.chron.com/business-plan-important-small-business-2672.html
2) http://smallbusiness.chron.com/importance-purpose-business-plan-760.html
3) http://www.entrepreneur.com/article/83818

  • A business plan is a pre-restaurant statement. It helps you set the goals for your restaurant. When your restaurant becomes a reality it will become important for you to reference back to the business plan to ensure you are keeping up with these goals to ensure success. 

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