Small Business Plan Research Paper Example | Topics and Well Written Essays - 3250 words

Small Business Plan - Research Paper Example By using the online grant selector on: a total of 79 grants were identified. We are estimating that a grant or a combination of grants totaling 10 000 or less than 10% of start up costs would be possible2. The average cost of a lunch entree will be 10GBP, while the average cost of a dinner entree will be 15GBP. We expect the average lunch drink price to be 2GBP, with more lunch guests having coffee and tea than alcoholic beverages. During dinner we expect the average per person drink order to be 5GBP reflecting that the majority of guests will be having one or more alcoholic beverages. Thus the average per guest lunch ticket will be 12, and the average per guest dinner bill 20. The busiest month of the year is predicted to be December at 115% of average monthly revenue. The next busiest month will be November, bringing in 110% of the average monthly revenue. January is typically the slowest month (especially after holiday shoppers receive their December credit card statements. As such, we expect only 90% of the monthly revenue in January. February is also slow, but has one of the busiest evenings of the year in Valentines Day, so it will do a healthy 95% of average monthly revenue. Labour and food costs are tied to revenue, and will adjust up and down accordingly. For the first year we d... Sales forecasts SALES FORECAST Seating Capacity 30 Usable capacity 0.8 Lunch Turns 2 Customers served 48 Ave revenue/customer 12 Lunch Revenue 576 Dinner Turns 3 Customers served 72 Ave revenue/customer 20 Dinner Revenue 1440 Daily Revenue 2016 Yearly and seasonal fluctuations in Revenue The busiest month of the year is predicted to be December at 115% of average monthly revenue. The next busiest month will be November, bringing in 110% of the average monthly revenue. January is typically the slowest month (especially after holiday shoppers receive their December credit card statements. As such, we expect only 90% of the monthly revenue in January. February is also slow, but has one of the busiest evenings of the year in Valentines Day, so it will do a healthy 95% of average monthly revenue. Labour and food costs are tied to revenue, and will adjust up and down accordingly. For the first year we do not expect to make what will become our typical monthly revenues. It takes time to build up a steady clientele. As such, we have adjusted each month's revenue during the first year down to 85% of expected. This adjustment is done after the seasonal adjustments discussed immediately above. Details of Other costs Lease 30 000 Wages Manager (35 000 GBP/yr) 2916.66 Head Cook (25 000 GBP/yr) 2083.33 Assistant Cook (8.5 GBP/hr - 28hrs/day) 3570 Dishwasher (6.0GBP/hr - 14hrs/day) 2520 Servers (6.0GBP/hr - 28hrs/day) 5040 WAGES TOTAL 16129.99 WAGES ADJUSTED FOR USAGE LEVEL 14516.99 General Operating Costs Electricity 110 Heating 110 Telephone 60 Water 60 Office Supplies 40 Cleaning 300 Maintenance &