The document outlines the key points to consider when starting a fast food business, including selecting a business location based on customers and accessibility, identifying competitors and their strengths/weaknesses, describing the business and products sold, developing a marketing strategy using different advertising tools, laying out a financial plan with sales forecasts and budgets, describing management and personnel needs in terms of skills and responsibilities, and designing a strategic plan with a vision and mission for the present and future of the business.

1. ©2016 assignment of business
Faculty of business administration and information and communication of technology
All rights reserved by University of burao .
LECTURER : Mohamed Abdillahi Bashir (MAB)

2. ©2016 assignment of business
Faculty of business administration and information and communication of technology
All rights reserved by University of burao .
THE MAIN POINTS OF FAST FOOD BUSINESS
PRESENTATION OUTLINE
DESCRIPTION OF THE BUSINESS
SELECTING BUSINESS LOCATION
IDENTIFYING THE COMPETITION
DETAILING A MARKETING STRATEGY
LAYING OUT A FINANCIAL PLAN
DESCRIBING PERSONNEL/MANAGEMENT NEEDS
DESIGNING A STRATEGIC PLAN FOR THE PRESENT AND FUTURE.
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3. ©2016 assignment of business
Faculty of business administration and information and communication of technology
All rights reserved by University of burao .
selecting business location
Consideration of location choices on the basis of business customers, accessibility and security.
identifying the competitions
you will Knowledge of who the competition is with reference to the length of time in business, reputation, quality
of products and services, customer service, number of employees, image and strengths and weaknesses points.
1 Description of the business
What is the fast food?
Fast food is a type of mass-produced food that is prepared and served quickly.
The business sales many product such as,
1_Hamburger.
2_ pizza.
3_French fries.
4_ sandwich.
5_ fresh drinks
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4. ©2016 assignment of business
Faculty of business administration and information and communication of technology
All rights reserved by University of burao .
detailing a marketing strategy
You have to development of marketing/research techniques to help promote your business market
using difference advertising tools such as television, news, trade shows, sales programs, internet,
radio and magazines.
laying out a financial plan.
How to use money in there
1.Improtant assumption
2.Risk analysis
3.Sales forecase
4.Profite and loss statement
5.Cash flow statement
6.Balance sheet or share balance
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5. ©2016 assignment of business
Faculty of business administration and information and communication of technology
All rights reserved by University of burao .
describing personnel and management needs
a) Description of the human skills and experience needed for a particular business, pay methods,
payroll taxes and the use of independent contractors versus employees.
b) Division of tasks/ reporting hierarchy / final decision makers.
c) Creation of an advisor group and Board of Directors.
designing a strategy plan for the present and future
a) vision
the vision our business is to provide top quality fast food in the most population in the
Somaliland.
b) mission
the mission our business is to provide top quality fast food in the most population in whole the
world.
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6. ©2016 assignment of business
Faculty of business administration and information and communication of technology
All rights reserved by University of burao .