Business Plan on a Bakery Essay
BUSINESS PLAN OF BAKERY
Cakes n Cookies is a start-up bakery retail establishment located in the Pune city. Cakes n Cookies expects to catch the interest of a regular loyal customer base with its broad variety of bakery products. The company plans to build a strong market position in the city, due to the partners' …show more content…
Cakes n Cookies expects to raise 8,00,000 of its own capital, and to borrow 12,00,000 guaranteed by the STATE BANK OF INDIA as a five-year loan. This provides the bulk of the current financing required.
1.6 Company Summary
Cakes n Cookies is a bakery managed by Mr. Vaibhav Achantani. The owner will provide funding from his own savings, which will cover start-up expenses and provide a financial cushion for the first months of operation. A five-year loan will cover the rest of the required financing. The company plans to build a strong market position in the city, due to the owner’s industry experience and mild competitive climate in the area.
2. PROJECT FEASIBILITY
2.1 TECHNICAL ASPECTS
2.1.1 Location Selection Location selection is based on following two factors.
|Category |Symbol |
|Areas |A |
|Distance to travel from Gera Junction(km) |B |
|No. of bakery shops in nearby area |C |
|Societies, institution, marriage halls |D |