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    6.1 Development Requirements

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    maria cruz
    The document discusses the management structure and personnel plan for Fries King as it expands. It states that initially the company will be owned and managed by its founder, with one cashier, cook and busboy per location. As it grows to multiple locations, each will have a site manager and the organizational structure will include a director of store operations when it reaches four units. The personnel plan is to hire more middle managers as they expand product categories and retail outlets.

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    6.1 Development Requirements

    Uploaded by

    maria cruz
    27 views7 pages
    The document discusses the management structure and personnel plan for Fries King as it expands. It states that initially the company will be owned and managed by its founder, with one cashier, cook and busboy per location. As it grows to multiple locations, each will have a site manager and the organizational structure will include a director of store operations when it reaches four units. The personnel plan is to hire more middle managers as they expand product categories and retail outlets.

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    The document discusses the management structure and personnel plan for Fries King as it expands. It states that initially the company will be owned and managed by its founder, with one cashier, cook and busboy per location. As it grows to multiple locations, each will have a site manager and the organizational structure will include a director of store operations when it reaches four units. The personnel plan is to hire more middle managers as they expand product categories and retail outlets.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    27 views7 pages

    6.1 Development Requirements

    Uploaded by

    maria cruz
    The document discusses the management structure and personnel plan for Fries King as it expands. It states that initially the company will be owned and managed by its founder, with one cashier, cook and busboy per location. As it grows to multiple locations, each will have a site manager and the organizational structure will include a director of store operations when it reaches four units. The personnel plan is to hire more middle managers as they expand product categories and retail outlets.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 7

    6.

    1 Development Requirements

    To adequately serve our audience, the front end strategy of our website should be
    connected with our corporate color for easy access. The front end design of our website will be
    entirely trusted to the name of the shop.

    The diversity of founders' background in our company has enabled a cost efficient
    development in our venture.

    Management Summary

    As we grow, we will take on additional help in certain key areas. The initial management
    team depends on the founders themselves, with little back-up. The initial management team
    depends on the founders themselves, with little back-up.

    At present time, Fries King is being owned by its founder. Others that have helped on the
    development of this business venture will be offered an opportunity to grow together with the
    company at the appropriate time, and when the time comes, the founders share will be
    consolidated as one entity.

    7.1 Management Team

    Fries King is currently the creative idea of its founder. As the company is small in nature,
    it only requires a simple organizational structure.

    As we expand into multiple locations, each location will have a primary site manager.

    7.2 Organizational Structure

    Future organizational structure will include a director of store operations when the store
    locations exceed four units. We tend to organize the structure for the betterment of the company.
    Current plan is to have our accounting and payroll functions done by an in-house bookkeeping.

    7.3 Personnel Plan

    Our initial employees will include one cashier, one cook and bus boys per location, with one of
    each on the premises during open hours. This is considered an ideal personnel number for a food
    outlet the size of our own. Each employee will work for 38-40 hours per week.

    As we expand our product category and retail outlets, we will employ more people in the
    middle management to ensure the focus of our work, including site managers.
    Financial Plan

    The company is now privately held by April Mae Ebitner. Future shares will be offered after two
    consecutive years of operating in Singapore.

    8.1 Start-up Funding

    Currently, the company is owned by the original founder. This will more than cover start-up
    requirements, and provide the business with a cash cushion to use for expansion over the first
    three years.

    8.2 Break-even Analysis

    Our break-even analysis shows that we need unit sales over 9,700 per month to break even. We
    do not expect to begin turning a profit until year three.

    10000
    9800
    9600
    9400
    Series 3
    9200
    Series 2
    9000
    Series 1
    8800
    8600
    8400
    Category 1 Category 2 Category 3 Category 4

    9.1 Projected Profit and Loss

    As the Profit and Loss shows, Fries King will run at a loss for the first two years, using
    up some of the cash reserves initially invested by the founder.

    Profit in 6 months

    12,000

    10,000

    8,000
    Series 1
    6,000
    Series 2
    4,000 Series 3
    2,000

    0
    Month 1 Month2 month 3 month4 month5 month6
    9.2 Sales Forecast

    Month1 Month2 Month3 Month4 Month5 Month6


    Unit Sales
    Belgian Fries 1,000 1,200 1,400 1,728 2,074 3,981
    Italian Soda 650 780 936 1123 1345 1452
    Merchandising 100 120 125 135 145 156
    Signature 100 125 126 145 156 167
    Packaged
    Sauces
    Total Unit 1850 2225 2587 3131 3720 5755
    Sales

    10 Marketing Channels (Problems and Opportunities)

    Products are only important if they address a specific need or problem of an identified
    group of users. The discussion should always lead nicely into a description of how the companys
    products will be able to provide solutions to these problems.

    It is the responsibility of the corporate governance body to ensure that the service
    provider has a quality management system and that internal controls are in place to comply with
    relevant standards.

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