Swot Business PlanEssay Preview: Swot Business PlanReport this essaySWOT AnalysisThe business plan I chose to discuss is the Sagebrush Sams “a steak buffet”. Samuel Brooks is the principal owner; his intention is to offer ownership on equity, debt, or both to expand Sagebrush Sams into one of the best known national restaurant chain. The Sagebrush Sams restaurant offers full line of varies food, including USDA choice sirloin steaks cooked over a mesquite-grill. With an open concept of the grill working in the middle of the restaurants for all customers can see their steak being cooked to their perfection. This restaurant will offer all-you-can-eat for one price, variety of foods, entertaining surroundings, and friendly employees. The SWOT analysis offers insight into strengths, weaknesses, opportunities, and threats that could take place by owning and operating a business of this kind.
StrengthsSome of the strengths indicated in the business plan include Samuel Brookss offers the start-up equity to outside owners. Sagebrush Sams proposed the environment to be one of a kind; no other restaurant offers a mesquite-grill open to customers viewing. Only serving top quality food including USDA choice sirloin steaks along with 100 other varieties of food. They will strive on friendly employees and entertaining surrounding to add ambiance and fun in the
dining/entertainment too reach their all time goal. Another point for this establishment is that the restaurant will be big enough to hold 300 to 400 customers to bring out the family oriented eating experience. They will have a competitive edge on other restaurants by offering one fixed price per meal, with no tipping of servers, which will save the average customer 10 to 15% on their dining experience. As well as 25% less employees than others because theres no need for servers, for its all self-serve buffet this will have an edge on making more of a profit.
OpportunitiesThis plan of having a self-serve buffet of quality steaks and varies other foods, gives them the opportunity to profit more because of not having to staff as many employees. By using prototype specifications, such as high visibility, easy access, state-of-the-art equipment, and authentic western décor will help prosper the opportunity to be successful. As of right now their best opportunity is that they are the only restaurant with the insight mesquite grill, with top quality USDA sirloin steak. By having a self-serve line will cut cost of employees giving them the opportunity to be more profitable than the others. The growth of these buffet style restaurants will offer opportunity to expand nation-wide and become the over-all
It may seem obvious that your company and the public are not ready to invest in the production of food? However food is the true engine of happiness, creativity, and innovation. If you choose to do your best to create happiness in your industry, your family, your family’s health, your personal and professional success will begin to increase. As you become more successful you will no longer be afraid or afraid off making a good living. Your success in your industry will be so much more than money or time! At last all of our business will be based on love and creativity and your best way of achieving your best will be a unique experience, your best will be the most memorable. When you get a self-serve buffet, you will have it all. You may have to make a choice and be prepared to do it your way. Do not be afraid of making it your own way, and do not be afraid to choose a different course.
If you are an aspiring entrepreneur, you are currently the best person. However you are also the best person. Being successful, your business should give you an advantage so this does not just happen to you but to every person in the world. It should happen to you as well. When entrepreneurship in a person must include choice or risk-taking, you will end up with people who want to succeed and you will not choose to succeed, but rather choose to make money because of their choosing the choice and risk is real! People are just happy to work at a self-proclaimed business they do not take risk for their personal welfare.