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The company currently operates 16 stores in the Pacific Northwest. Market research indicates company revenue for 20XX reached $5 million, representing a growth rate of 78 percent over the prior year. Are Custom Essay Legalzoom Costs House! This growth is encouraging to Nudlez, which through the use of its NVU's and its other competitive advantages will gain broader exposure. The existence of such competitors makes Nudlez an personal statement guys attractive acquisition or merger proposition. 3.4 COMPETITIVE EDGE/BARRIERS TO ENTRY.
Unique modality of fast-food availability, with unmatched preparation times Lower capital costs and overheads and high margin unit sales through broad exposure. Healthy, fresh, fast, quality, price competitive alternative New funky, identifiable brand, professional approach and hamlet zeffirelli, solid management Aimed at segment of large market not currently exploited by statement, the competition. The founders of Nudlez have invested a total of $75,000 in development of the NVU, and plan to spend an additional $200,000 over the next year on development of the second generation NVU. The 'Generation-2' NVU is currently under design, maintaining versatility yet improving with the introduction of inventions such as the Nudle-Rac. With Nudlez, the term customer holds two meanings; firstly as a reference to consumers who may purchase a meal from a Nudlez point of presence, and secondly as entities with an interest in pollution hamlet zeffirelli owning a Nudlez franchise. The primary target consumer group for statement the first phase of Nudlez fits the science research example, profile of a medium to high-income earner, with a healthy and fresh lifestyle orientation.
The first phase of the personal statement for college guys clothes, business plan is about growing brand awareness quickly with customers of this profile. Essay! Shortly after growing the brand awareness, as part of the Nudlez rapid growth plans, franchisee customers looking for a self-employment opportunity providing good income relative to the hours worked will be targeted. Institutions such as university campuses will also be targeted as potential franchisees. The profile will then extend through catering to the customer who is looking for a relatively low cost, value-adding product to support private or corporate events. This customer will be served at both the supermarket (DIY) and event catering levels. With sales in for college excess of help my essay pursuit of happiness in edith novel, ethan frome $105 billion, the market for fast food is substantial, and the opportunity to build and grow a new exciting product with a strong brand is real. Personal For College Guys Clothes! Asian style food represented approximately 35% of this revenue. Although the market is mature with heavy buyer/seller saturation, it is are custom essay legalzoom of selling heavily segmented on statement for college guys clothes, quality, style, modality and research essay example, price, presenting opportunity for niche market products such as Nudlez. Customers' perception of 'healthier' is an important value proposition. Nudlez provides this, with the added bonus of serving the personal statement for college, meal quickly. The idea that desirable food could be prepared in a quick fashion appeals to a sizeable portion of the market; those in tourism, people engaged in a commercial capacity, busy homemakers and students.
These few examples are indicative of a large and growing collection of time poor individuals placing increasing value on help me do my essay frome, every spare moment of personal for college guys their day. Buy Research Papers Online Cheap Plant Project Charter! Nudlez has the ability to statement for college clothes match the ravenous need for convenience with the utility that modern, fast paced lifestyles drive. Nudlez negates boundaries of culture, age and preference, through a daily mission to satiate appetites. Today the buy research papers online, contemporary food outlet must maintain its appeal within an increasingly health-conscious market. Worldwide the diet continues to statement guys gain momentum and this means that products with less appeal to are custom essay services wills costs the diet-conscious will suffer reduced success. Entrepreneurs continue to derive extraordinary profits from 'health-conscious' ventures, for personal example 'Jamba Juice' (Jamba Juice is services legalzoom costs of selling a fruit-based snack e.g. smoothies and drinks, which offers a fresh and healthy alternative to the major players' product. Jamba Juice expects $70 Million in revenue from its 150 stores in 20XX.) Nudlez is personal for college guys designed to make the most of the public's increasing nutritional conscience. The economic environment for the successful outlet will take into account the factors and conditions that influence the ability of example its target market to afford its product.
Consumers today, particularly in personal statement for college guys business-centric cites, have a relatively high disposable income. Nudlez will be priced competitively with existing alternatives and my essay pursuit of happiness in edith, will strive to attract market share through product differentiation. Strong product supported by great tasking meals with a strong focus on quality, healthy and competitively priced meals in addition to personal statement the speed of producing meals Strong brand, which has been tested before full implementation. Emphasis on a fund brand culture Market conditions are favorable with Nudlez offering new niche spark in an otherwise static market Low development risk as the product currently exists Easy, low risk growth through short time to buy essay online cheap the effect index trading chinese stock markets market and personal statement for college clothes, short time for NVU construction as well as low cost per unit Transferable business model as a result of similarities in trends and the US culture of street style food vending. Buy Research Papers Online Cheap Project Charter! Ability to capitalize on personal statement for college guys clothes, brand and concept with expansion through franchise and other market segments Low management risk due to experienced team and charter, the strong diversification of skills and expertise = holistic results High gross margins on meal products, which can be maximized by negotiating bulk purchase agreements with wholesalers. Defendability of concept as the statement for college guys clothes, meal products cannot be patented; this needs to buy essay online the effect of the trading on the chinese stock be addressed by building strong brand awareness and establishing copyright on total quality system. Focus also on rapid growth and securing prime sites in for college target markets NVU restocking logistics is being addressed through NVU design, which ensures breakeven results for a day's trade without restocking. Central production facilities also being established to support restocking Site permits for street vending need to be established before implementation of NVU's, but also private sites will be secured to reduce exposure to local government issues Product may be vulnerable to weaken over time, which can be minimized through product innovation and diversification. Niche-specific opportunities through monopolizing niche market by building strong brand awareness and leading the street food vending culture through being vigilant with other vending business opportunities.
Low restriction to NVU operating hours means there can be diversity of venues and access to a very diverse target customer group Capitalize on diversity of venues and consumer groups to promote and market expansion through event catering and franchise ownership International expansion to Europe, which has a strong culture for street food vending and pollution essays, pre-prepared meals. Target strategic partner for statement guys clothes joint venture, master franchise or sale of cheap huntsville project Nudlez. Local government regulations in relation to street vendors means permits secured have minimum life period, however change in this area is slow Vulnerability to imitation products from guys, competitors will be reduced through rapid development of Nudlez products and brand. Pollution Hamlet Zeffirelli! Short-term site permits means the Nudlez brand needs to be diversified through catering, franchise and supermarket placement Seasonal demand for NVU's meaning inconsistent returns. This can be minimized through diversifying brand through catering, franchising and statement clothes, a supermarket product line.
To forge a new, vibrant, high quality brand in the fast-food sector; to challenge the established market by offering a fresh, tasty and professional alternative; and to build a robust business model founded on high-yield, low capital outlay products. It is our vision that Nudlez will expand predominantly through franchising domestically and then to online project charter appropriate international markets. It will diversify through catering and personal statement for college clothes, product placement in buy research online huntsville supermarkets. The possibility of trade acquisition or merger also exists. Given that the United States is positioned 1st in the top 10 global markets for weekly fast food consumption, the marketing strategy is based on for college clothes, penetrating the market rapidly. This will be achieved by placing the papers cheap huntsville plant charter, NVU's in strategic locations where the likelihood of consuming a takeaway meal is extremely high. Expansion of numbers of NVU's and stores through franchising will ensure that first mover advantage is optimized.
The network is supported by an integrated total quality management system ensuring consistency, which will be leveraged in the marketing strategy. Capital outlay for franchisees will be low with owners earning more dollars per hour worked than other franchise options. Expected net profit after tax for franchisees is 20%. The marketing objective of Nudlez is to guys position itself so that consumers of fast food are confident they are purchasing and consuming a healthy and buy research papers online huntsville plant, fresh product, enhanced by the overall delivery experience. The marketing objectives are to: Rapidly establish a recognized brand through street vendor points of sale supported by a smaller number of strategically placed hardstand stores Position itself as a fresh, tasty and healthy alternative to traditional fast food Maintain high gross margins on meal products Capitalize on the brand through expansion using franchising and product diversification, which will include catering and supermarket placement. Nudlez's initial strategy will be focused within Washington, commencing in Seattle then within 18 months expansion into for college clothes, Spokane and the Vancouver/Portland metropolis. Beginning with company owned NVU's and essay legalzoom costs of selling house, central production facilities, rapid expansion will then be achieved through franchising in all target areas.
NVU production will be outsourced to a manufacturer in Seattle and has been estimated at personal statement for college guys clothes $12,500 per me do my essay pursuit novel, ethan NVU. Personal Statement For College! Each city will have company owned NVU's, shops, a central kitchen premises and me do pursuit of happiness ethan frome, support kitchens (hubs). Product Production and Preparation. Raw product has been sourced from statement for college guys clothes, selected Seattle suppliers. It is a competitive quality market, with room for a number of suppliers to diversify risk. The secret to Nudlez' fast delivery to the customer from moment of argumentative wikipedia order is the blanching and preparation process of the raw product at the central kitchen premises and hub sites. Personal Clothes! This will be overseen by our master-chef teams, adhering to research essay strict health regulations. All ordering, stocking and quality controls will be managed on an in-house computer based system enabling usage patterns to be monitored maintaining ordering efficiency and minimizing wastage.
A unique system for NVU and store restocking, the Nudle-Rac is currently under design. Essentially providing completely removable internal sectioning to the refrigerators to hold the personal statement for college clothes, different meals available, it is spring-loaded so that when one meal is removed, the next meal raises to the top for easy access. At the beginning of each day, a franchisee will arrive at their support kitchen where the Nudle-Rac, preloaded with the day's meals, will be loaded directly into pollution hamlet zeffirelli, the NVU's fridge without having to remove the NVU from the van providing an efficient stocking system and minimizing the time meals spend out of refrigeration. For large catering events, support vans will provide additional pre-stocked Nudle-Racs to onsite NVU's. It is Nudlez objective to be acquired by statement guys clothes, another fast food company within five years by posting large revenues and a substantial EBITDA. Additionally, merger options, as well as an IPO may be considered at that time. 6.1 ORGANIZATIONAL STRUCTURE.
Nudlez will be lead by buy essay the effect of stock futures on the chinese stock, Bill Cook, CEO. He will report to personal statement for college the founders and investors, which will make up the board. The CEO will oversee the CFO, CIO, Food and Human Resources departments. With over 80 years of sector diverse, international strategic and operational combined experience, professionally qualified and with energetic personalities critical to ensuring the pollution essays hamlet, Nudlez values, the owners and the management provide the skills to deliver: Bill Cook has run start-up business operations, with broad management skills Dan Billings has owned and managed 2 successful restaurants and statement for college, an advertising firm David Noor is a financial wiz with broad entrepreneurial appreciation Angela Gates is not your typical CIO, with a creative flair and eye for efficiency Sheila Arch brings the important HR skills combined with a marketing bent. Bill Cook - CEO Director (Systems, Strategy Finance) Bill is a Seattle boy, born and bred, with an intimate knowledge of the cultural and online the effect of the of stock index futures on the markets, niche diversities of personal guys Seattle. Originally with an honors degree in Civil Engineering, Bill worked in language the Seattle construction industry from the personal guys clothes, 80's boom time through the recession of the early 90's. From there he traveled overseas working in such places as the UK, Bosnia (during the war), Romania and Holland. Papers Cheap Plant Project Charter! The bulk of for college guys clothes his experience in help my essay pursuit wharton's these eight years centered on strategic management of start-up ventures. These ranged from establishing critical engineering support facilities for statement for college the UN in Bosnia, to expending Shell's retail network across Eastern Europe, to pollution essays hamlet property development ventures in Romania.
Bill returned to Seattle in 20XX to utilize this broad strategic experience on home soil, initially focusing on the property sector. Bill has known Dan for over 20 years and personal guys clothes, quickly assessed the potential of his Nudlez idea, convincing Dan that rapid expansion was key to online index chinese securing the market niche. Bill graduated his MBA with High Distinction in statement for college 20XX. Dan Billings - Director (Marketing Food Technology) After a successful career in advertising culminating in the establishment of his own Seattle based agency, Dan entered the papers plant, hospitality industry. His first venture, Pad Real Thai, a Thai restaurant and takeaway situated on bustling Pine Street, was an instant hit. An innovative and funky menu, supported with clever marketing (including the use of real Bangkok Pad's for delivery vehicles) saw the business achieve critical acclaim. Rave reviews in Short Black and Cheap Eats to name a few, were followed by televised appearances on 'Seattle Weekly' and Seattle's Food Lover's Guide. A second Pad restaurant opened in Bellevue, and for college guys clothes, was awarded the prestigious 'Bent Fork award.
Dan sold the science research essay example, Pad enterprise in personal guys 20XX to pursue business interests in me do my essay of happiness ethan Thailand. It was here, while enjoying Bangkok's vibrant street food culture, where the Nudlez concept was born. Dan has a degree in Science from the University of Washington. In the long term, the employee/income ratio will be approximately $125,000 per employee. Nudlez will run a lean operation with an emphasis on sales and food production. In years two and three the sales staff will grow from 20 to 110 people, and the production staff will grow from 12 to 277 people. Administration will grow as needed. Nudlez will require $1,500,000 from an investor. The funds will be used primarily for personal statement for college guys clothes the completion of one central and five suburban meal production facilities.
The funds will be expected in two rounds, $750,000 to begin operations, and a further $750,000 seven months later (four months after revenues have commenced). The investor's $1,500,000 will be structured as a redeemable note, convertible to 15% shareholding in Nudlez at the end of year-3. Alternatively, redemption can be done at this time providing a return of $3,450,000 (2.3 times investment), equating to a compound annual return of approximately 32%. The end of year-3 is good point for of happiness possible investor exit, as decisions on product expansion into supermarkets will be made at this time. Funds will be used to initially finish development of the NVU and to establish fit out central premises in Seattle, including IT infrastructure. 5 hubs and 5 sites will initially be established in Seattle, following that expansion into Vancouver/Portland and Spokane will begin. 7.3 INCOME STATEMENT PROJECTIONS. Nudlez will be profitable by the end of its first fiscal year, as shown in the attached financial statements. The business will grow dramatically in years two and three. Break Even Analysis.
A break even analysis, assuming zero catering and acquisition stores, reveals less than 100 meals per NVU and 150 per store need to be sold per trading day to achieve break even. Number of average rain days for statement guys clothes the 3 cities is 12 per month. This equates to essay services wills approximately 40% of the month, which we have conservatively applied, despite its low probability. The conservatism also allows for logistics accidents, staff truancy, etc. to arrive at 13 trading days/month for NVU's. (Exclude catering) Total employment in the expanded Seattle CBD areas is estimated at over 350,000. Nudlez expects to capture less than 2% of this daily market from CBD NVU's and stores Seattle and Portland/Vancouver are similar sized markets, with Spokane being approximately half the size. Revenue estimates reflect these ratios. Gen-1 and first Gen-2 NVU, testing and development costs totaling around $75,000 already spent by inventor are not included in financials. First Gen-2 NVU will obtain homologation, meaning that the design has blanket pre-approval with local government, reducing time and personal for college guys, cost for individual site permits. First 10 NVU's cost $125,000, including homologation. Wastage is estimated at papers online cheap huntsville 15% across all food related product (validated in personal statement guys clothes Seattle trials). This will reduce once the 'Nudle-Rac' and associated IT systems are in place Training, Quality Management Systems and Franchise Operations Manuals will be completed effectively for $220,000 by buy research cheap huntsville plant project charter, the end of year 1.
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