Consumer Attitude Towards Burger king
In financing any business the business enterprise owner must have a clear economic plan. An obvious financial prepare provides priceless help in keeping a small business focused and generating a profit. Without a monetary plan it can be impossible to know how the organization is performing.
In the Denny's franchise arrangement a potential franchisee must have the very least net worh of в‚¬800, 000 of which в‚¬250, 1000 must be funds. Denny's insist upon a clear economical plan so they are happy that the potential franchisee is definitely competent in terms of financial capacity to build a organization.
Our business plan provides a detailed outline of your vision pertaining to operating a Denny's franchise. Based upon our research, here i will discuss a realistic forcast of our organization. Our purchase - в‚¬200, 000 (an investment of в‚¬50, 1000 cash each) AIB financial institution overdraft -- в‚¬100, 000. (This can assist us with our initial cash flow). Bank debenture - в‚¬600, 500.
Equipment leasing. - в‚¬360, 000. (60 monthly payments of в‚¬6, 000)
As Denny's is an American franchise almost all their guidelines are in American Dollars. Personally i have tried a flat exchange rate between the в‚¬ and $ pertaining to my income forecasts. this permits clarity for the reader. (1$ = в‚¬1)
Franchise cost - в‚¬40, 000.
Machines - в‚¬25, 000 (AC System)
Office, Household furniture and Equipment - в‚¬8, 000 (Manager office and staff room) Computer Equipment - в‚¬35, 000 (POS system, Again office system) Restaurant Place Fittings - в‚¬150, 500 (Tables & Chairs for customer area) Lighting - в‚¬44, 1000 (Kithen & Restaurant area)
Fire and Safety -- в‚¬8, 000 (Signage, Open fire extinguishers and Fire blankets. ) Reliability - в‚¬22, 000 (CCTV)
WC -- в‚¬18, 000 (Ladies, Men and Handicapped Facilities)
TOTAL - в‚¬350, 000
Leasing - в‚¬6000 per month (Food prep services, servicing included) 5 season plan.
This kind of fee refers to the Denny's franchise contract; 4% of sales contribution to the marketing fund. Even as we will be...