HELP WITH BUS WRITE UP DUE IN 48 HOURS

Sample Business Write-Up

George’s Chicken Shack

Because I am an entrepreneur, a person willing to risk time, money and reputation, I am planning to start a new restaurant in Bossier City. My restaurant will be named George’s Chicken Shack.

A business is the organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society’s needs. My Chicken Shack will certainly accomplish this. I understand that nearly every family eats out a few times per week. There are numerous chicken fast food restaurants in town; therefore I know there is a need for great tasting chicken sandwiches, chicken fingers and grilled chicken.

I am thankful I live in the United States, where free enterprise is a key component of the economic system. I’m free to start my own business, free to make the products I want, free to sell them for the price I want to charge, and I’m free to choose my location. This freedom gives me confidence. Confidence that my knowledge, coupled with my business skills, will make my Chicken Shack a success.

How do I define business success? I’m thinking about profitability. Profit is the reward for taking the risks mentioned above. Profit is also the money that remains after I deduct my expenses from my sales revenue. With George’s Chicken Shack, I’m planning for a 25% profit margin.

I’m not afraid of competition. There is plenty of fast-food competition. Not only chicken, but hamburgers, tacos, BBQ, etc. I understand I am going to compete with every restaurant. Monopolistic Competition is a situation where there are numerous buyers and numerous sellers. Being different makes an impression with people, and I’m going to do things differently than most chicken restaurants. I’ll have “hot and spicy”, “super-crispy”, “grandma’s old time” and a nice “BBQ” flavor.

When I graduate, I hope the economy is in a full recovery (a period of economic expansion), so that I have a better chance of immediate success. People need to have money to spend on fast-food, and that usually happens when the economy is red hot.