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Introduction

The business that I want to build in the future is a restaurant


that offers a Filipino and international cuisine. I came up in
this ideas because I noticed that many people loves eating and
sometimes they eat outside because they are stressed and tired
in work or they are lazy to cook. The purpose in this business
is to serve people and establish a good relationship and also,
help those who are unemployed.
STRENGTHS

SWOT
Our business do well because we offer good quality of food
1 and the ambiance, so the customers feel comfortable and
satisfied.

Analysis Yes, if your restaurant is popular then you have to pay


many fees. For more information you can read this
2 article, it is somehow related.

http://consumerpsychologist.com/foo
d_marketing.html
S-Strength
W-Weaknesses
O-Opportunities Yes, my purpose in this business is to serve and provide a good
T-Threats 3 quality to our fellow citizens. My target in this project are the
foreigners and also, Filipinos.
WEAKNESSES

SWOT 1 Many business do poorly, for example they are not giving
salary in their employees in time or bonus.

Analysis
When you are working avoid chatting, mind your
2 own business, always cooperate and respect
customers so we can't have a problem.
S-Strength
W-Weaknesses
O-Opportunities
T-Threats Yes, we can't avoid this because we don't know how
3 much profit we’re going to earn in a day and I think in
doing business, financial difficulties is a part of it.
OPPORTUNITIE
Yes, because our economy S
evolves every year. Read this article

SWOT 1 for more information


: https://www.inc.com/john-hall/7-ways-to-identify-and-evolve-with-
industry-trends.html

Analysis
Yes, because I know some restaurants that sells those
2 and it inspires me to do that but in my own version.
Example for this:
https://www.maangchi.com/recipe/dubu-jorim
S-Strength Filipino Cuisine
W-Weaknesses
O-Opportunities
T-Threats For now, none because technology or social medias is now
3 famous, many businesses use social medias right now and it's
not new technology anymore.
THREATS
Our competitors are those business that sells similar
1
SWOT
products.

Analysis 2
Competitors do searching , watching and analyzing what is
your strengths and weaknesses so they can compete against
you.

In operating restaurant, you face many struggles like the taste of


S-Strength 3 the food, it maybe taste okay to you but for the customer it tastes
bad. Also, customer service, employees, your price, profit and
W-Weaknesses etc.
O-Opportunities
T-Threats Yes, because in business change is part of it. For example, we
will change our menus because the products are expensive or try
4 new. Another example, we can also change our rules and
environment so our customers will feel better.
for more relatedinformation read this article:
https://online.uttyler.edu/articles/change-constant-business-
environment.aspx
January 21, 2021

"There are no secrets to success. It is the result


of preparation, hard work and learning from
failure"
- Colin Powell
Thank you!

Have a great
weekend!

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