SlideShare a Scribd company logo
1 of 25
Welcome To Pitha Hut
Members of group
Executive Summery
 Replace the ongoing fast foods by our Bangladeshi pithas.
 Business name is ‘pitha hut’
 There is a huge field to make a market of this type of foods
in Bangladesh
 Defined competitor’s strategies
 Created a great opportunity for investors who seeks new
innovative business ideas and plans
 Provide a better quality food habit and to move people
from junk tastes to a healthy taste
Business Information
 Serve many types of pithas
 Sweet pithas and chilly pithas
 Spicy pithas and deshi fluid items
 It will compete with fast food items
 Promotional programs will only say – 'eat better,
live longer'.
Target Market
Target market is general people e.g. students,
corporate workers &middle level people.
The Industry Analysis
• Adding a new product line into this industry
• It won’t be difficult to catch the maturity
because there is less number of competitors in
this industry
• Financially strong to run such type of business
in this market
• Launching with diversified product lines
• Easily go to a top position in the fast food
market
Market Analysis
Measuring the potentiality and the risk of a new
business we need to make the proper use SWOT
analysis
SWOT Analysis
Strengths
• deal with the seasonal Bangladeshi food which is in
our language known as 'Pitha'.
• Traditionally we have many seasonal pitha
• ingredients which are achievable and cheaply in
comparison
• offering food of diversified taste with a cheap price
n healthy
• specialized skill is needed for making these food
Weaknesses
• Pithas which are available in winter cannot be made in
summer
• Ingredients come from natural resources we have to get
those things from rural or sub-rural areas.
• Need to have strong chain of suppliers and to maintain
them we have to spend a lot that will certainly minimize
the profit.
• Diversity of taste can be weakness in a sense
Opportunities:
• sources are not very healthy and no brand name
in this field, which name can assure them about
the standard and the nutrition of the food.
• people are much more health conscious
• trying to leave those fast food with high
cholesterol
• have no substitute product to take
• will get more attraction to these pitha
Threats
• Existing fast food shops are major competitors
• Existing product line are already capture the major
portion of market.
• time, money, people, and efforts are needed to gain
their market share
• Big portion of target market is engaged with other
restaurant food
Competitiveness Analysis
Competitive
rivalry within
an industry
Threat of
new
entrants
Threats
bargaining
power of
buyers
Threat of
substitute
product:
Threats
bargaining
power of
suppliers
We have analyzed the current market situation
by the five factor model of Michael Porter.
Identified the competitiveness of the target
market and evaluate the appropriateness to
enter in to a business.
• Pizza Hut, KFC, Domino's pizza, Sizzle etc.
• conventional local food we don't have such type of
competitor.
• stable business because it is related with appetite
In food business new entrants are always
available, but if we can build ours as a brand
name and gain the major portion of the
market share we will certainly be able to
avoid the threat of the new entrants.
• In this field we don't have real substitute
products. Sweet industry such as our 'Dairy
industry' can be substitute product. But as
those are not our real substitute product, it is
certainly an attractive market
• As we are starting from a low price it would
certainly fulfill the customer demand. It is also
avoidable because the switching cost of our
product would be much more higher. Our
product would be cheaper than the fast food
items.
• The suppliers of that field are not so much
concentrated and organized. We emphasize on
collecting raw materials from diversified areas.
We will collect specific ingredients from specific
places. As a result our suppliers are widened
through the whole country.
• Mission
is to serve better quality and taste of home through
a variety of pithas. Providing a community service
through serving dehsi cultures and tastes.
• Objective
Is to capture the market share and replace a great
portion of conventional fast food items by serving
Bangladeshi pithas.
• Goal
Is to make people having a good habit in eating.
Business Action Plan
Product
line
Supply
chain
Human
resource
Marketing and promotion
Financial Forecasting
Here we have prepared our
forecasting of our business. First we
have shown our expenses and then
we tried to show how our projected
revenue will generate.
One Time Expenses Cost(TK )
Three Buildings Contract cost for five years costs: 2000000/=
Business License Fee 5000/=
Two Trucks Contracted for five years 100000/=
Furniture's and Decoration 60000/=
Motor Vans (30) 25000/=
Other setup charge 10000/=
Total 2200000/=
Items Price( TK )
Sweet pithas: vapa pitha 15/=
Patishapta pitha 12/=
Shemai pitha 15/=
Pooli pitha 10/=
Nakshi pitha 20/=
Rash chitai 18/=
Chili pithas: jhal pooli 10/=
Dim makhan 12/=
Jali pitha 8/=
Vaja pooli 12/=
Jhal takti 5/=
Pan pitha 5/=
Fluid item: coconut water 20/=
Bel / lebu sharbat 10/=
References
• 'Restaurant Business Plan submitted by Abonda'
• http://www.scribd.comPorter's five factor's model
• http://foodandretail.blogspot.com/2007/10/porter-5-
forces-how-they-work-3.html

More Related Content

What's hot

Business plan_Restaurant
Business plan_RestaurantBusiness plan_Restaurant
Business plan_Restaurant
Arnav Soni
 
Wellcome to food truck business
Wellcome to food truck businessWellcome to food truck business
Wellcome to food truck business
Emran Hosain
 

What's hot (20)

Restaurant Business Plan
Restaurant Business PlanRestaurant Business Plan
Restaurant Business Plan
 
BUSINESS PLAN
BUSINESS PLANBUSINESS PLAN
BUSINESS PLAN
 
Business plan_Restaurant
Business plan_RestaurantBusiness plan_Restaurant
Business plan_Restaurant
 
Spicy gypsy food truck
Spicy gypsy food truckSpicy gypsy food truck
Spicy gypsy food truck
 
Marketing Plan of an organic Restaurant
Marketing Plan of an organic RestaurantMarketing Plan of an organic Restaurant
Marketing Plan of an organic Restaurant
 
Food Truck Business Plan
Food Truck Business PlanFood Truck Business Plan
Food Truck Business Plan
 
Wellcome to food truck business
Wellcome to food truck businessWellcome to food truck business
Wellcome to food truck business
 
Business plan or business proposal on restaurant business @soauniversity #ibcs
Business plan or business proposal on restaurant business @soauniversity #ibcsBusiness plan or business proposal on restaurant business @soauniversity #ibcs
Business plan or business proposal on restaurant business @soauniversity #ibcs
 
Organic Store - Business Plan Presentation
Organic Store - Business Plan PresentationOrganic Store - Business Plan Presentation
Organic Store - Business Plan Presentation
 
Business plan ppt
Business plan pptBusiness plan ppt
Business plan ppt
 
Business plan presentation Mom’s Biryani -The desi restaurant in Hyderabad, p...
Business plan presentation Mom’s Biryani-The desi restaurant in Hyderabad, p...Business plan presentation Mom’s Biryani-The desi restaurant in Hyderabad, p...
Business plan presentation Mom’s Biryani -The desi restaurant in Hyderabad, p...
 
OnLine Restaurant Business plan for an entrepreneur
OnLine Restaurant Business plan for an entrepreneurOnLine Restaurant Business plan for an entrepreneur
OnLine Restaurant Business plan for an entrepreneur
 
Business Plan
Business PlanBusiness Plan
Business Plan
 
Business Plan
Business PlanBusiness Plan
Business Plan
 
Quick Service Restaurants (QSRs)
Quick Service Restaurants (QSRs)Quick Service Restaurants (QSRs)
Quick Service Restaurants (QSRs)
 
Restaurant Marketing Plan
Restaurant Marketing PlanRestaurant Marketing Plan
Restaurant Marketing Plan
 
Food truck business plan
Food truck business planFood truck business plan
Food truck business plan
 
Restaurant business plan
Restaurant business planRestaurant business plan
Restaurant business plan
 
Snack Launch
Snack LaunchSnack Launch
Snack Launch
 
Business plan
Business planBusiness plan
Business plan
 

Similar to BUSINESS PLAN ON FOOD INDUSTRY

42591723 chinese-restaurant-marketing-plan-1
42591723 chinese-restaurant-marketing-plan-142591723 chinese-restaurant-marketing-plan-1
42591723 chinese-restaurant-marketing-plan-1
Sarath K
 
Vita - new product
Vita - new productVita - new product
Vita - new product
Prithvi Ghag
 
Tatse twister business plan
Tatse twister business planTatse twister business plan
Tatse twister business plan
Sourabh Agrawal
 
Analytical Report On Nathu Sweet
Analytical Report On Nathu SweetAnalytical Report On Nathu Sweet
Analytical Report On Nathu Sweet
Pujil Khanna
 
Material in slides 2-14 of this overview adapted from Prin
Material in slides 2-14 of this overview adapted from PrinMaterial in slides 2-14 of this overview adapted from Prin
Material in slides 2-14 of this overview adapted from Prin
AbramMartino96
 
Material in slides 2-14 of this overview adapted from Prin
Material in slides 2-14 of this overview adapted from PrinMaterial in slides 2-14 of this overview adapted from Prin
Material in slides 2-14 of this overview adapted from Prin
AbramMartino96
 

Similar to BUSINESS PLAN ON FOOD INDUSTRY (20)

Youngs Tomato Ketchup Relaunch
Youngs Tomato Ketchup  RelaunchYoungs Tomato Ketchup  Relaunch
Youngs Tomato Ketchup Relaunch
 
6 SWOT Analysis Examples to Help You Write Your Own
6 SWOT Analysis Examples to Help You Write Your Own6 SWOT Analysis Examples to Help You Write Your Own
6 SWOT Analysis Examples to Help You Write Your Own
 
6swotexamplestohelpyouwriteyourown 150926002146-lva1-app6891
6swotexamplestohelpyouwriteyourown 150926002146-lva1-app68916swotexamplestohelpyouwriteyourown 150926002146-lva1-app6891
6swotexamplestohelpyouwriteyourown 150926002146-lva1-app6891
 
42591723 chinese-restaurant-marketing-plan-1
42591723 chinese-restaurant-marketing-plan-142591723 chinese-restaurant-marketing-plan-1
42591723 chinese-restaurant-marketing-plan-1
 
Vita - new product
Vita - new productVita - new product
Vita - new product
 
Marketing mangement
Marketing mangementMarketing mangement
Marketing mangement
 
Sfofr module 1 online
Sfofr module 1 onlineSfofr module 1 online
Sfofr module 1 online
 
Marketing plan of Nature Touch Date Juice
Marketing plan of Nature Touch Date JuiceMarketing plan of Nature Touch Date Juice
Marketing plan of Nature Touch Date Juice
 
Chicken master
Chicken masterChicken master
Chicken master
 
Sfofr module 1 powerpoint
Sfofr module 1 powerpointSfofr module 1 powerpoint
Sfofr module 1 powerpoint
 
Business Proposal & Proof of Concept for a Restaurant for a Leading Shopping ...
Business Proposal & Proof of Concept for a Restaurant for a Leading Shopping ...Business Proposal & Proof of Concept for a Restaurant for a Leading Shopping ...
Business Proposal & Proof of Concept for a Restaurant for a Leading Shopping ...
 
Juice n bowls restaurant
Juice n bowls restaurantJuice n bowls restaurant
Juice n bowls restaurant
 
Tatse twister business plan
Tatse twister business planTatse twister business plan
Tatse twister business plan
 
International management of future group ppt
International management of future group pptInternational management of future group ppt
International management of future group ppt
 
pps final slides
pps final slidespps final slides
pps final slides
 
Business plan
Business planBusiness plan
Business plan
 
Analytical Report On Nathu Sweet
Analytical Report On Nathu SweetAnalytical Report On Nathu Sweet
Analytical Report On Nathu Sweet
 
Marketing Plan for Tulip green tea company
Marketing Plan for Tulip green tea companyMarketing Plan for Tulip green tea company
Marketing Plan for Tulip green tea company
 
Material in slides 2-14 of this overview adapted from Prin
Material in slides 2-14 of this overview adapted from PrinMaterial in slides 2-14 of this overview adapted from Prin
Material in slides 2-14 of this overview adapted from Prin
 
Material in slides 2-14 of this overview adapted from Prin
Material in slides 2-14 of this overview adapted from PrinMaterial in slides 2-14 of this overview adapted from Prin
Material in slides 2-14 of this overview adapted from Prin
 

Recently uploaded

Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
lizamodels9
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
amitlee9823
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Dipal Arora
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
daisycvs
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
Renandantas16
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
lizamodels9
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Sheetaleventcompany
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
amitlee9823
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
dollysharma2066
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
amitlee9823
 

Recently uploaded (20)

Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and pains
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLBAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 

BUSINESS PLAN ON FOOD INDUSTRY

  • 3. Executive Summery  Replace the ongoing fast foods by our Bangladeshi pithas.  Business name is ‘pitha hut’  There is a huge field to make a market of this type of foods in Bangladesh  Defined competitor’s strategies  Created a great opportunity for investors who seeks new innovative business ideas and plans  Provide a better quality food habit and to move people from junk tastes to a healthy taste
  • 4. Business Information  Serve many types of pithas  Sweet pithas and chilly pithas  Spicy pithas and deshi fluid items  It will compete with fast food items  Promotional programs will only say – 'eat better, live longer'.
  • 5. Target Market Target market is general people e.g. students, corporate workers &middle level people.
  • 6. The Industry Analysis • Adding a new product line into this industry • It won’t be difficult to catch the maturity because there is less number of competitors in this industry • Financially strong to run such type of business in this market • Launching with diversified product lines • Easily go to a top position in the fast food market
  • 7. Market Analysis Measuring the potentiality and the risk of a new business we need to make the proper use SWOT analysis
  • 9. Strengths • deal with the seasonal Bangladeshi food which is in our language known as 'Pitha'. • Traditionally we have many seasonal pitha • ingredients which are achievable and cheaply in comparison • offering food of diversified taste with a cheap price n healthy • specialized skill is needed for making these food
  • 10. Weaknesses • Pithas which are available in winter cannot be made in summer • Ingredients come from natural resources we have to get those things from rural or sub-rural areas. • Need to have strong chain of suppliers and to maintain them we have to spend a lot that will certainly minimize the profit. • Diversity of taste can be weakness in a sense
  • 11. Opportunities: • sources are not very healthy and no brand name in this field, which name can assure them about the standard and the nutrition of the food. • people are much more health conscious • trying to leave those fast food with high cholesterol • have no substitute product to take • will get more attraction to these pitha
  • 12. Threats • Existing fast food shops are major competitors • Existing product line are already capture the major portion of market. • time, money, people, and efforts are needed to gain their market share • Big portion of target market is engaged with other restaurant food
  • 13. Competitiveness Analysis Competitive rivalry within an industry Threat of new entrants Threats bargaining power of buyers Threat of substitute product: Threats bargaining power of suppliers We have analyzed the current market situation by the five factor model of Michael Porter. Identified the competitiveness of the target market and evaluate the appropriateness to enter in to a business.
  • 14. • Pizza Hut, KFC, Domino's pizza, Sizzle etc. • conventional local food we don't have such type of competitor. • stable business because it is related with appetite
  • 15. In food business new entrants are always available, but if we can build ours as a brand name and gain the major portion of the market share we will certainly be able to avoid the threat of the new entrants.
  • 16. • In this field we don't have real substitute products. Sweet industry such as our 'Dairy industry' can be substitute product. But as those are not our real substitute product, it is certainly an attractive market
  • 17. • As we are starting from a low price it would certainly fulfill the customer demand. It is also avoidable because the switching cost of our product would be much more higher. Our product would be cheaper than the fast food items.
  • 18. • The suppliers of that field are not so much concentrated and organized. We emphasize on collecting raw materials from diversified areas. We will collect specific ingredients from specific places. As a result our suppliers are widened through the whole country.
  • 19. • Mission is to serve better quality and taste of home through a variety of pithas. Providing a community service through serving dehsi cultures and tastes. • Objective Is to capture the market share and replace a great portion of conventional fast food items by serving Bangladeshi pithas. • Goal Is to make people having a good habit in eating.
  • 22. Financial Forecasting Here we have prepared our forecasting of our business. First we have shown our expenses and then we tried to show how our projected revenue will generate.
  • 23. One Time Expenses Cost(TK ) Three Buildings Contract cost for five years costs: 2000000/= Business License Fee 5000/= Two Trucks Contracted for five years 100000/= Furniture's and Decoration 60000/= Motor Vans (30) 25000/= Other setup charge 10000/= Total 2200000/=
  • 24. Items Price( TK ) Sweet pithas: vapa pitha 15/= Patishapta pitha 12/= Shemai pitha 15/= Pooli pitha 10/= Nakshi pitha 20/= Rash chitai 18/= Chili pithas: jhal pooli 10/= Dim makhan 12/= Jali pitha 8/= Vaja pooli 12/= Jhal takti 5/= Pan pitha 5/= Fluid item: coconut water 20/= Bel / lebu sharbat 10/=
  • 25. References • 'Restaurant Business Plan submitted by Abonda' • http://www.scribd.comPorter's five factor's model • http://foodandretail.blogspot.com/2007/10/porter-5- forces-how-they-work-3.html