I have been thinking about Cafe I$\text{'}$m interested in and how I would apply all the things you have learned. i Go through the following questions to briefly describe the thoughts of my business plan. Before i start, clearly decide on what my business idea will be$.$ Answers should be $2$ or $3$ lines OR MORE, depends on the question. Use the internet to get estimates for the numbers that i need to build this plan. Executive Summary Why will the business succeed? What do i want to start $($or change$)?$ How much money is required? Why is the venture a good risk? Business Description What type of business planning? What products or services will i sell? What type of opportunity is it $($new$,$ part$-$time, expansion, seasonal, year$-$round$)?$ Why does it promise to be successful? What is the growth potential? How is it unique? Marketing Who are my potential customers? How large is the market? Who are mycompetitors? How are their businesses positioned? How i will price the product or service? What advertising and promotional strategies will i use? Research, Design, and Development Have you carefully described my design or development? What technical assistance have i received? What development needs do i anticipate? What are the costs of development? Manufacturing$/$Operations Where will the business be located? Why? What are my facilities needs? What are my equipment needs? Are there other needs for production? What activities are required to produce my product or service? Who will be my suppliers? What type of transportation is available? What is the supply of available labor? What will it cost to produce my product or service? Per unit? Organization Who will manage the business? What qualifications do you have? How many employees will you need? How will i structure your organization? What are my plans for employee salaries, wages and benefits? What consultants or specialists will i need? How will i use them? What legal form or ownership will i choose? Why? What licenses and permits will i need? Critical Risks What potential problems could arise? How likely are they? $3.$How do i plan to manage these potential problems? Financial What is my total estimated business income for the first year? Monthly for the first year? Quarterly for the second and third years? What will it cost i to open $($expand$)$ the business? What will my personal monthly financial needs be$?$ What sales volume will you need in order to make a profit during the first three years? What will be the break$-$even point? What will be my projected assets, liabilities, and net worth on the day before you expect to open? What are my total financial needs? What are your potential funding sources? How will i spend it$?$ How will the loans be secured? Extra Space if needed Sources and Uses Statement Sources of Financing Investment of cash by owner #$1$ I$$nvestmentofcashbyowner$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ Investment of non$-$cash assets by owner #$1$ I$$nvestmentofnon$$cashassetsbyowner$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ Bank loans to business $($short term$)$ B$$ankloanstobusiness$($longterm$)\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ Bank loans $($personal$)$ S$$mallBusinessAdministrationloans$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ Other: $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ Total Sources of Financing U$$sesofFinancingLand$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ Buildings E$$quipment$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ Remodeling I$$nitialinventory$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ Working capital to pay operating expenses N$$on$$cashassetscontributedbyowners$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_($Use same amount as in Sources$)$ Other assets: $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ Total Uses of Financing R$$eferencesList:AnswerandexplanationsAnswers:$1.$ExecutiveSummary:a$.$Thebusinesswillbesuccessfulbecauseitwillhaveaffordablepricewithexcellenttastesoffoods.ForStudentsandTeachers.b$.$TostartaFoodBusiness.c$\mathrm{.}95,000$ e$.$ Being accessible to more students and teachers equals to more profit. $2.$ Business Description a$.$ Small Restaurant b Snacks, Like Fries, Burger and Drinks c$.$ Year Round d Having affordable price for students. e Market penetration would be the potential growth. f$.$ It will be unique by having excellent tastes with affordable price. $3.$Marketing a$.$ For Students, Teachers and other customers b$.$ Market size will be large because it will be beside schools. c Competitors will be small Food Business and they are more far from the school. e$.$ Price will be affordable. f$.$ Promotional technique will be Buy $1$ take $1$