Business Law

DELICACY ENTERPRISE

BUSINESS PLAN

[August 9], [2014]

DELICACY ENTERPRISE

P.O BOX 7-00902 ONTARIO

[City, State Zip] [City, State Zip]

Tel: [ ] Tel: [ ]

Fax: [ ] Fax: [ ]

Email: [ ] Email: [ ]

Website: [ ] Website: [ ]

I intend to venture into a dinner theatre business. I shall create a restaurant that celebrates the European/American history with special attention focused into the Gay 90’s era. Celebrating such a high society of this era will be done through skits, actions, drinks, music, illustrations, museum, and fantastic show cases besides dances. All this will be aligned in openings during the nights with full regalia and profitability within three months, gross sales receipts of $1,200,000 by the fourth month and food costs that do not exceed 30% of the cumulative operation. The Business will deliver an exquisite, stunning- international menu to the local and summer swell society that provides for 96% satisfaction surveys or greater and returns in excess of 180% Return on Investment(RIO). These surveys shall be done for a period of sixteen weeks by an independent third-party review agency. The Restaurants’ international menu will reflect the époque era of the early 20th century. This goal will be reviewed by a number of pals who are currently presidents and Continental Directors of their Respective countries in the World Association of Cookies Society. A continuous analysis and outsider patrols will be instituted to smoothen the objectives through goal planning, directives, objectives, and weekly best review evaluation meetings. The business’ objectives are to be handled in a well-planned and strategic sense espoused by renowned business leaders. Business shall be carried out to monitor our profit and loss statement numbers, the community based business owners of restaurants along with their own marketing play, advertising profits. Consultants will be on the minior, since required retainers will not exceed $10,000 per year.

DESCRIPTION OF THE COMPANY

Delicacy enterprise will be a restaurant as well as exiting dinner show locates in Chicago, Upstage, that enjoys that era of cultural refinement, social elegance besides the general prosperity in the onset of the 21st century.

The exuberance of the ‘gay 90’s ‘ period is going to be rekindled as we will model the restaurant on the establishment of the statues that take after various heroes and monuments like Moulin de la Gamete.

This décor will resemble to that of the restaurant, dance hall and theatres of the 1890’s also feature artwork of the impressions like the renowned Pierre-Augustine. Hosting as well as the serving staff will dress in period costume.

The combination of a monumental dancehall, good singers, famous artists and soothing music is the reason why the restaurant is dynamic. The most exhorting and exciting feature of this restaurant is the fact that it transcends decorations and goes into real life, first person experience. Varied from the singing aloud of ditty’s, through the hearty, back-slapping laughter cum heartbreaking can-can dances makes every second treasured, and a life time experience.

Our menu is varied, international in nature. Every page is pimped with artists’ drawings of the regional cuisine, a small map of the globe showing the regional together with indigenous ingredients. The large part of the menu is the cuisine of America and France. Specialties form japan; Philippines, German and middle-East are also offered. Few pages are solely left for White House and Camp David styling’s where Chef Joachim served the first family. Also offered are 10 item wine cards.

Delicacy Enterprise is the first that is hopefully headed into a chain of similarly themed restaurants. It provides new at the same time exciting concept that has already been done in other successful eras like Captain Hook. These concepts are indeed on the expansion with cash driven proofs of winning financial operation. The outlets are now reaching new potential and breaking previously set sales figures. Delicay aims to attract customers from this type of market niche, however, with an impressionist theme.

Executive chief Larry Brown will lead the administration team. He is retiring from a 34-year military career during which he won several awards, served as Executive Chief to the US president, also managed multiple US government restaurant service venues at a global scale.

Business Explanation-Advantages and Disadvantages

To begin with when it comes to restaurants, market competition depends on reputation, publicity as well as the dining experience the customer will get after the first visit.  On the other hand, competition also centers alongside location and parking.  In many instances, restaurant industry entirely relies on the word-of-mouth recommendations as compared to advertising that is costly. The word of mouth will hereby be the secret aimed at retaining all-time satisfied customers. This, in combination with changing drama actions each year, along with other side acts, is a key indication that the dinner business will return profit.

Evidently, customers will prefer our business to others from the first time they see the actors dressed up at stage, during handing out brochures else at the parking lots as they stage mini-shows.  With the extensive experience our team has with free publicity is another key pointer to the expected success. For instance, Chef Joachim in the recent past appeared on the today show. He too has filmed many other shows throughout the world and in a number of varied languages.

Our appearances on the public trails, roads and other places that are free - such as during grand events, competitions, treaties and more, will  be a source of attraction to the public.  Most likely, customers will choose us as a result of our personal interaction in a dining experience. Other valuable baits will be in the form of host also serving staff who will be dressed in periodic costumes; those with a yen towards acting will be invigorated to play the parts such as those in denizens of Montmartre, in events like the Paris' cultural heyday.  The staff in this field l regularly portrays well-known members they are of Parisian high society-Impressionist painters inclusive.

Another important boost in this business is the fact that our competitive edge shall be to cut wide open through the competition with the amazing yet exciting actors. The business will be different from all others due to our creativity, staging, marketing, publicizing and finally delivery. The enterprise will be outstanding with sustainable value – to be maintained and developed over time. We also possess another very important competitive edge which is the opportunity to live and interact in history. This puts us ahead of our competitors.

Partnership

Delicacy has partnered with Fast Food Restaurant to come up with the Business name- Delicacy enterprise after developing a partnership agreement. The partnership was considered and deemed profitable due to the reasons that the partnership would make the premise easy and inexpensive. Secondly, this will ensure a shared financial commitment as each partner will be equally invested in the business of success. Third, this will enable us to reap the benefits and utilize the strengths, resources of the other partner.

Steps followed to legally start a business

1. Picking of a business name and ensuring that it is legally permitted to use it.

This involves doing a free search online to see the business names registered with the state’s secretary. The next step will involve conduction of a non-conflict, free trademark search in an attempt to see if the name you pick on is available for use in all the states.

2. Registration of a Fictitious Business Name.

This involves registering of a Doing Business as (DBA) once the company comes into partnership with another. This is because the company will not be operating using your name. The filed DBA to conduct business for the cooperation must have a name different from the official corporation. This happens in either state or country level.

3. Incorporation of the business or formation of an LLC

This is vital when it comes to protecting the business assets such as personal property from any liabilities of the company. One can opt from either of the threes available. The first will be LLC- that is important for small organizations which want legal protection but with minimal formality. The second is the S Corporation that is best suited for businesses that can qualify. Lastly, the C Corporation that is applicable for companies that seek funding from the public or VC.

4. Acquiring of a Federal Tax ID number

5. Getting Versed with Employees Laws

Spend time with an employment law professional so as to get to comprehend your obligations for employment and other procedures. The procedures come in the form of federal as well as state payroll, the withholding of taxes, imposition of self-employment taxes, laws that deal with social awareness like anti-discrimination laws, the famous OSHA regulations, the unemployment insurance, offering of incentives or workers' compensation rules, and finally but not least the wage and hour requirements.

6. Acquiring of necessary business permits and licensees

Depending upon your nature of your business together with physical location, one can be required to possess one or more business licenses from the state, the local authorities or even at the federal level. The licenses could be in the form of: a general businesses operation licenses, the zoning cum land use permits, the sales tax licenses, health departmental permits, and finishing the list is the occupational/professional licenses.

7. Filing of trademark protection

Registration of a DBA in your state does not automatically give the firm owner common-law rights. So as to claim first use, the name has to be trademarked and used in commercial scales. Trademarks facilitate name recognition and they set a framework for proper legal protection.

8. Opening of a bank account so as to start building business credit.

Open a bank account in the name of the company. This account will be showing the cash flows capable of taking on a loan for further investments. Using of the business credits will enable a separation of your personal activities from that of the firm

REFERENCES

Brian f.2013.How to write a Business Plan. Kogan Page Publishers

Dennis K.2008.The Entrepreneur’s Guide to Writing Business Plans and Proposals. Greenwood Publishing Group.

Linda P.2008.Anatomy of a Business Plan: A step-by –Step Guide to Building the Business and Securing Your Company’s Future. Aka Associates.

Linda P.2012.Anatomy of a Business Plan: A step-by –Step Guide to Building the Business and Securing Your Company’s Future. Aka Associates.