Korean international (KIT) is planning to develop its Barbeque restaurant in London area within M25 Zone. It is planning to be among the best barbeque restaurant for its tasty foods and services. It is intending to develop this restaurant to provide world class Korean barbeque items and services. The plan to launch this business will acquire a smart, delocalized path in order to handle its operations and the flow of cash to the organization. All workers and management staff will function steadily to provide success to the plan in London.
The KIT administration will have to look from various prospects as the dimension of opening a barbeque restaurant business plan is very large. It is important as there is large no. of players offering BBQ but there is a gap for a player providing Korean barbeque in London. So, the major aim of KIT is to acquire a competitive edge by keeping a perfect balance of quality and price of the service.
The pricing methodology will be configured on the basis of its business methodology and the pricing methodology helps in gaining a competitive lead. The aim of KIT should be to decrease the cost of operation and the costs included in giving service via economies of scale and other techniques. Hence, this report will cover all aspects to start a Korean BBQ in London.
Hence, the main aim of our restaurant is to acquire a competitive edge by providing balance of quality and price in our offerings. The pricing methodology will be configured based on the competition analysis methodology so that it will provide competitive edge to us. Apart from these, the aim of administration will be to lessen the cost of operation and costs included in giving services through economies of scale and other different measures keeping in mind the to enhance our market value.
Management & Staff
The entire management and staffs will be divided into three categories:-
The first one is operation and in order to start the restaurants with 100 sitting capacity working in two shifts require 10 waiters, 2 supervisors, 1 manager in the customer service sections whereas in the kitchen we need 1 master chef and 2 sub chef along with 10 supporting staff in one shift. In case of marketing department, we need one marketing head along with one executive responsible to market our services and offerings. In case of finance department, we need one finance head and one executive responsible for collecting and disbursing all payments and arranging finances.
Business Time Hours
The restaurants will open from 11 am in the morning to 12 am in the night every day. It will work in 4 shifts to offer range of Korean Barbeque whose timings are as given below:-
First shift 12 noon to 2 pm
Second shift from 2 pm to 4 pm
Third shift from 7 pm to 9 pm
Fourth shift from 9 pm to 11 pm.