Professional Documents
Culture Documents
healthy
and hygienic food to consumers.
EXECUTIVE SUMMARY
Meals on Wheels is a huge motorized vehicle that serves fast, fresh, healthy
grilled cuisine in a sanitary environment. The first outlet will be in Gwalior, with
aggressive expansion plans that include adding one additional food truck every
24 months and expanding to additional towns with some innovative ideas.
COMPETITIVE EDGE
As a useful way of distinguishing meals on wheels, the client experience is
incredibly crucial. The positive experience will inspire customers to return and
increase their business. Meals on Wheels has a second competitive advantage in
that it provides quick, healthy, and sanitary meals.
VISION:
To provide a beautiful and relaxing dining experience for our customers, complete with
delicious and high-quality food at a reasonable cost.
MISSION:
To give customers with a one-of-a-kind ordering experience in a convenient location that
is affordable to everybody. Our food truck will be open at hours that are convenient for
both tourists and residents.
OBJECTIVES:
Our food truck's goal is to provide consumers with quick, fresh, and hot cuisine. Cuisine
on the Go seeks to provide on-the-go healthy, inexpensive, and local food. For a variety of
customers, ranging from the time-conscious business to the relaxed lunch.
KEYS TO SUCCESS
Offer luxurious, delicious menu items.
Treat every customer as if they are the only customer.
Design and employ strict financial controls.
LOCATIONS
First and foremost, I want to think about where the target market will be. If I'm going
for the "working lunch" population, who are searching for a quick lunch close to their
offices, I'll need an accessible location.
Consistency is also important to customers. They’ll want to know where I am going to
be and when I am going to be there. If I'm in one place one day and gone the next, I
risk losing regular clients who believe I'm inconsistent.
Meals on wheels will soon gain market share by leveraging its two-pronged competitive
advantage. The competitive advantage is based on a customer-centric approach (ensuring
that the customer's experience is exceptional) and providing a quick, nutritious, and
hygienic option. The marketing campaign for meals on wheels will be focused on
conveying the concept that it provides a convenient and healthful experience. This will be
performed in several methods, all of which will be explained in the marketing strategy
section. The goal of the meals on wheels sales approach is to turn potential and first-time
clients into long-term clients.
COMPETITIVE EDGE
SALES STRATEGY
The strategy of the sales effort will be to convert potential and first-time customers into
long-term customers. This will be accomplished using several techniques.
• Punch cards: Punch cards are a great technique to boost revenue from a single customer.
They are effective because they give the customer a sense of added value, and the free
admittance offers the client a sense of value. People enjoy obtaining more value for
their money, which the punch card gives.
• Concentrating on the customer's experience: If the customer is dissatisfied with
their experience, they will not return. All personnel go through a thorough
training programme, which includes instruction on how to provide the best
possible service to customers. Employees are given the authority to resolve
conflicts and are encouraged to seek assistance from the manager if they are
unable to do so.
SALES FORECAST
During the first several months, sales will be small, but they will gradually increase.
The second store is expected to open within the following 12 months, with future
additional outlets opening at the previously stated 24-month intervals. The first-year
sales prediction is based on store number one. The sales predictions for years two
and three indicate company-wide sales estimates.
• Sales monthly
• Sales by year
FINANCIAL PLAN
The following sections will outline important financial information of my businesses:
• IMPORTANT ASSUMPTIONS
• PROJECTED CASH FLOW
• BREAK-EVEN ANALYSIS
• PROJECTED PROFIT AND LOSS
• PROJECTED BALANCE SHEET
• BUSINESS RATIOS