The format of any business plan can vary based on many attributes including the industry of the business, marketplace, economic trade zone, nation or country, among others. It is not always clear which business plan format to follow but we at BusinessPlanUAE.com have professional experience in writing restaurant business plans in UAE and we know which format to follow. The Dubai Chamber of Commerce and Industry and the Government of Dubai have a pre-set restaurant business plan to follow.
As excellent business proposal writers, we recommend that your business plan contain the following elements:
1) Introduction
As with all documents, an introduction serves to introduce the reader to the core matter of the document, which in this case is the concept of your restaurant business, its name and address, and a brief account of the business and its financing requirements.
2) Executive Summary
The executive summary allows a writer to condense the fundamental points of their document to one cohesive section. In our case, this would be the nature of the restaurant venture, aspects contributing to its success, strategic focus, a 2-3-year projection, profitability, and sales growth.
3) Account of Business
This is where one gets into the nitty gritty of the business. This section includes the location of the business in Dubai or Abu Dhabi as well as the available amenities at the site, services or products offered by the business, the management team, technical capacities, and strategic alliances. The account also includes the SWOT assessment of the business.
4) Industry Assessment.
This section entails the complete in-depth evaluation of the trends in the restaurant space in the UAE market, the macro and micro-economic and political aspects that affect the UAE industry, an assessment of the competition, among others.
5) Marketing and Sales Blueprint.
This part of the restaurant business plan involves divulging the marketing and sales blueprint that the business will deploy in Dubai or Abu Dhabi. It is essential for investors to see this part as it will show them how you intend to market your product and enhance sales.
6) Production Blueprint
This section stipulates how you intend to product or manufacture your services or products. It includes suppliers and the cost of raw materials, equipment and paraphernalia to be utilised, as well as the projected stock numbers, and costs of inventory.
7) Organisational Framework
This section alerts the readers to the ownership of the business, authority of command, roles and responsibilities of employees, managers, investors, and other stakeholders. This section also shows the organisation structure, the command hierarchy, and the number of employees.
8) Operational Framework
In the restaurant business plan, this section will demonstrate how you intend to run the daily activities of the business, the desired routine, and how to handle unforeseen challenges such as late deliveries.
9) Financial Framework.
This is an essential section as it shows the fiscal viability of your business. It allows readers to see where your cash flow comes from, the estimated returns, and how the capital is used to enhance the business. Important documents such as the income statement, cash flow statement, and pro forma balance sheet will be needed for this section of the business plan.
10) Risk Evaluation.
In this section of the restaurant business plan, the risk involved in the business are assessed and their solutions are stipulated as well.
11) Conclusion
This is the last part of the restaurant business plan where you reiterate your commitment to the venture, including your conviction of the laid out plan and ultimate success of the restaurant business in the UAE.
12) Appendix
This is the section where one attaches all the required documents such as pro forma balance sheet, market analysis reports, etc.
One only needs one business plan for one business. This means that you only get one chance to impress your investors. To help you to ensure that your business plan covers all aspects needed in the UAE restaurant market, it is a prudent idea to work with a company that offers professional writers for restaurant business plans in UAE such as BusinessPlanUAE.com. We are BusinessPlanUAE.com, professional writers for restaurant business plans in Dubai and Abu Dhabi, UAE. If you are looking to create a new Business Plan in Dubai, then we can help. Alternatively, you can also call 00971505696761 for a quick consultation. We are here to serve you!
Comments