Notes: A* Build your own daily sales projections using # of guests and the menu mix (both are given above). Use the prices you have derived in 4-iii B* Use the food cost figures you calculated and apply it to the item sales for the month C* Show your calculations. Determine work hours for front and back of house staff; apply respective hourly wages. If you are offering benefits, add 15% to the shifts that earn benefits. D* This line is for your managers who earn a yearly salary, NOT hourly wages. Remember this could be the owner or owners, or hired manager, OR no one at all if your managers (including the chef) are hourly. 6. Describe how you intend to grow your business over the next 12 months, 2 year and 5 years. How will you address competition from new restaurants who try to copy your concept? What is your sales objective for each time frame? Apply a reasonable growth rate to project where you will be in five years. What is the best-case scenario? How will you shield your business from bankruptcy assuming the worst-case scenario? Tips for Success: Approach this project with the "big picture" in mind, rather than a mere series of questions. A business is a collection of moving parts that work together and your job is to adopt a systems-thinking approach to build a "healthy system" o Your perspective should be that of a manager, not that of a customer, and definitely not of a student (students tend chose low-cost solutions which are not always appropriate when building a business). While profit is the ultimate motive, you must also exercise sound business values: build a pleasant and fair workplace for staff, a fair net revenue for the owners, a thriving business and place of employment for the community and a source of delicious food and excellent service for the customers. Remember: if quality of product or service fails, you will soon be out of business. Your analysis should keep all these goals in mind. Wherever you feel the case presents incomplete information you are free to make assumptions provided you state them clearly. Present your information clearly and professionally, as if you were presenting a business plan to a financial lender. Use APA@Conestoga carefully. Do not use images unless they are properly cited and absolutely necessary to demonstrate your point. You were placed in teams of two to foster tighter communication and lots of conversation. This is not a project that you can "split up". Consensus must be reached on all parts of this assignment. Use a single cohesive voice to write your final paper This assignment does not have a length requirement. Get to the point, provide sufficient commentary to support your points, show all calculations and be factual. Likely this paper will be 8-12 pages