Comments A recent study of township informal trade suggests that in the past few years an entrepreneurial revolution of sorts has revived the spaza shop, to the extent that the demise of the owner-managed township house shop, under the onslaught of the retail giants, Shoprite and Pick n Pay, suddenly looks less certain now. Gone is the grimy counter that once separated the dour shop assistant from the customers lest they shoplift. Spaza shops have doubled in size and have become self-service superettes.
Tweet Want to start your own coffee shop but struggling to put your business plan down on paper? With the growing demand for high-quality gourmet coffee and great service, Java Culture will capitalise on its proximity to the University of Oregon campus to build a core group of repeat customers.
Java Culture will offer its customers the best prepared coffee in the area that will be complimented with pastries, as well as free books that its patrons can read to enjoy their visit.
The company will operate a 2, square foot coffee bar within a walking distance from the University of Oregon campus. The owners have secured this location through a three-year lease with an option for extending.
The have also provided R1,4 Million of the required R1,7 Million start-up funds. The remaining capital will be obtained through Bank of America commercial loans.
The company is expected to grow sales revenue from R in FY to R in year three. Turn in profits from the first month of operations. Keys to Success The keys to success will be: Store design that will be both visually attractive to customers, and designed for fast and efficient operations.
Employee training to insure the best coffee preparation techniques. Marketing strategies aimed to build a solid base of loyal customers, as well as maximising the sales of high margin products, such as espresso drinks. Mission Java Culture will make its best effort to create a unique place where customers can socialise with each other in a comfortable and relaxing environment while enjoying the best brewed coffee or espresso and pastries in town.
We will be in the business of helping our customers to relieve their daily stresses by providing piece of mind through great ambience, convenient location, friendly customer service, and products of consistently high quality. Java Culture will invest its profits to increase the employee satisfaction while providing stable return to its shareholders.
How to Write a Funding Proposal Knowing how to write a funding proposal properly can make or break your business idea before it even gets off the ground. This is your chance to convince potential funders that your business is run efficiently, that it is accountable and that it can achieve the objectives it sets.
Company Summary Java Culture, an Oregon limited liability company, sells coffee, other beverages and snacks in its 2, square feet premium coffee bar located near the University of Oregon campus.
The start-up loss of the company is assumed in the amount of R The company has secured a one-year lease of the vacant 2, square feet premises previously occupied by a hair salon. The lease contract has an option of renewal for three years at a fixed rate that Java Culture will execute depending on the financial strength of its business.
The floor plan will include a square feet back office and a 2, square feet coffee bar, which will include a seating area with 15 tables, a kitchen, storage area and two bathrooms.
The space in the coffee bar will be approximately distributed the following way — 1, square feet i. Choosing the Right Location You need to really understand your customer before you can choose the right premises.
Accessibility conveniencevisibility and customer behaviour are the things to think about. The commercially zoned premises have the necessary water and electricity hookups and will require only minor re-modeling to accommodate the espresso bar, kitchen and storage area.If you’re thinking about starting your own business, do what fits your knowledge, experience and passion.
For example, don’t open a spaza shop if you don’t like dealing with people and do like regular hours. Research into the business dynamics of both local and foreign spaza shop owners revealed that the defining factors behind the foreign spaza shop owners’ success were: Access to cheap labour (family members often work in the shop for very little remuneration);.
MillenniumMart convenience store business plan executive summary. MillenniumMart will be the first fully automated, hour convenience store that is more like an enormous dispensing machine than a . The township spaza shop competition is tough, and the subject of foreign-owned spazas is a thorny one for many local spaza shop owners.
A Cape Town based non-profit organisation, the Sustainable Livelihoods Foundation (SLF), conducted a two-year in-depth study to understand the current characteristics of ownership, the scope of employment within the business and trading practices of .
The business will provide affordable dry spices in 7g packs to the predominantly black informal sector through established wholesalers, and through spaza shops. The business will purchase its products from xx CC, an inter group entity, controlled and owned by xx and xx.
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