Business+Plan

Career Exploration Alex Caccese Days 4, 5,6, Period 7 Date Chef · **__My Business Idea __** o Describe my business idea. § My business idea is to have a restaurant that is high end, but not so high end that middle class people could not afford it. o What is the name of your business? § “The Left Side” o Explain how my idea will satisfy a consumer need. § People will be able to get great food at amazing service. o <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Provide contact information for each owner. <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Alex Caccese, President, owner, Executive Chef. <span style="font-family: 'Courier New'; font-size: 12pt; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">If there is more than one owner, describe how the business ownership will be shared. <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">I am not planning to share ownership with anybody. <span style="font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· **__<span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Return on Investment __** <span style="font-family: 'Courier New'; font-size: 12pt; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">What are your long term, career, and personal goals. <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Personal Goals <span style="font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">I want to be the worlds most renowned chef. <span style="font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">I want to open my own restaurant. <span style="font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">I want to still have time for my family <span style="font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">I want to be a household name <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Life goals <span style="font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">I want to travel the world <span style="font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">I want to be fluent in at least three languages. <span style="font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">I want to have a family <span style="font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">I want to live in either Pittsburgh or Italy <span style="font-family: 'Courier New'; font-size: 12pt; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;"> How much education will you need for your career? <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">To be a chef you do not need any education, as long as you know how to cook. There are culinary colleges that allow people to receive more experience as a chef. Another thing is that businesses will look for is that you have received education. They would rather have a person that has gone to culinary colleges rather than someone without their degree in cooking. <span style="font-family: 'Courier New'; font-size: 12pt; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Have you ever tried to receive a job in the cooking field? <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Yes as of right now I work at Chick-Fil-A and training to work in the kitchen. <span style="font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Opportunity Recognition <span style="font-family: 'Courier New'; font-size: 12pt; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">What resources and skills do you (and other owners of your business) have that will help you make your business successful <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">I work very well with others, I have extremely good timing. Most importantly I have a passion for cooking. I will not give up no matter what. <span style="font-family: 'Courier New'; font-size: 12pt; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Perform a SWOT analysis of you business. <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Strength ( Entrepreneurs’ abilities and contacts) <span style="font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">My customers are the people. People always need food no matter what. I will be able to give them quality food at an affordable price. Many other food companies give children a place to play. I will give them a place to play, but I will put it in a secure area so adults can relax, but children can enjoy themselves. <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Weaknesses (The problems the entrepreneur faces, from lack of money or training to lack of time or experience.) <span style="font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">My business will definitely have its weaknesses. There are other companies that have the money and experience that I lack. They have also had put their time and money into their businesses that I have not yet been able to do They know what their consumer wants and how to make them happy. I still have to figure that out on my own. <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Opportunities (Lucky breaks or creative advantages the entrepreneur can use to get ahead of the competition.) <span style="font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Many people in our area need quality service at an affordable price. <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Threats (Anything that might be bad for the business, from competitors to legal problems.) <span style="font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Some problems that may come across my business are there are many other restaurant chains that have the money and reputation to take risks without a hard fall. People also know that they are reliable and do not have to worry about what they want. <span style="font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· **__<span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Core Beliefs __** <span style="font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o Describe three core beliefs you will use in running your company. <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">I believe that the customer is always right no matter what. Quality of service is better than quantity, and that prices should be cheap and affordable without losing the quality of the product. <span style="font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o Choose a motto for your company. (You can find one or make up one of your own.) <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Steps for a healthier you <span style="font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· **__<span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Supply and Demand __**<span style="font-family: 'Times New Roman','serif'; font-size: 12pt;"> <span style="font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o What factors will influence the demand for your product or service? <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Some factors that would influence the demand for my service is how many people want to go out to eat. <span style="font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o What factors will influence the supply for your product or service? <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ I will have to work with another company to get my foods to my kitchen on time and fresh. <span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· **__Product Development__** <span style="font-family: 'Courier New'; font-size: 12pt; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o <span style="font-family: 'Times New Roman','serif'; font-size: 12pt; mso-bidi-font-weight: bold;">How do you plan to protect your product/trademark logo? (Check one and explain) <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;"> <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt; mso-bidi-font-weight: bold;">I plan to trademark and copyright my logo. Once I have produced my logo I will trademark it so nobody else may use it. I will then make flyers, brochures, billboards and television adds which will be trademarked. <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;"> <span style="font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· **__<span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Competitive advantage __**<span style="font-family: 'Times New Roman','serif'; font-size: 12pt;"> <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Quality- Yes, The quality of my product will be outstanding. I will not settle for anything less than perfect. <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Price- Yes, My price is going to be at least 10% lower than my competitors. This will be very difficult being a new business owner, but I am hoping that this will help me attract customers. <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Location- No, The location will be a challenge because there are other restaurant chains that have the prime spot and I will need something for cheap until I start making a steady profit. I then plan to move to a prime lot. <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Selection- Yes, People are going to have a wide majority of food to choose from. The service then people will not come. <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Speed- No, I do not think that my restaurant will have a faster speed than other companies. <span style="font-family: Wingdings; font-size: 12pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ <span style="font-family: 'Times New Roman','serif'; font-size: 12pt;">Reputation- Yes, People are going to know the quality and service of the left side and they will know that they can trust us to give them a outstanding meal in every visit. <span style="font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o Who are your primary competitors? Where are they located? <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ My primary competitors would be the Texas Road House, Applebee’s, Outback, the Sly Fox, and Giovanni’s Pizzeria. They are all located in the town of Royersford. <span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· How will your business help others? List all organizations to which you plan to contribute. (Your contribution may be time, money, your product, or something else.) <span style="font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o I plan to donate food to local food pantries. This will be the food that I have left over every weekend. <span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· **__ Marketing__** <span style="font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o Describe the Four P’s for your business <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ Product- Why will your product meet a consumer need? <span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· My product will meet the consumer need because people need a break from the constant running around of the day. My restaurant will provide them with great service while still being able to look casual. <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ Place- Where do you intend to sell your product? <span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· I intend to have my business on a main road to attract many customers and also near the exit of a highway to attract travelers. <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ Price- What price do you plan to sell your product for, and why? <span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· I intend to sell my product for a reasonable amount of money. People need to be able to go out as a large family and not have a bill that is extremely expensive. <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ Promotion- How do you plan to advertise and promote your product? <span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· I plan to advertise my product through billboards, flyers, television commercials, and business cards.

<span style="font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o Fill out a marketing plan for your business. <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ I would use billboards, flyers, television, commercials, and business cards. <span style="font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o Do you intend to publicize your philanthropy? Why or why not? If you do, explain how you will work your philanthropy into your marketing. <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ Yes, It will help with my public appearance. Bing a new entrepreneur it will be very important for people to trust me. <span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· **__Market Research__** <span style="font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o Describe your target market. <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ My target market would be families with more than one parent working. People who need time to relax, but do not have that time. My restaurant will be able to provide that. <span style="font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o Brainstorm five Market research questions. <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ What is your favorite type of food? <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ How far will you be willing to drive? <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ What is your address? <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ Is there a specialty that you would want? <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ What are your prices? <span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msolist: Ignore;">· **__Record Keeping__** <span style="font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o Describe your record keeping system. <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ My record keeping system would be a POS system to track inventory sales and income. <span style="font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o List the sources of financing for your start-up investment. Identify whether each source is equity, debt, or a gift. Indicate the amount and type for each source <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msofareastfontfamily: Wingdings; msolist: Ignore;">§ My financing will be money from the bank and from my own pocket. <span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-weight: bold; mso-fareast-font-family: Symbol; msobidifontfamily: Symbol; msobidifontweight: bold; msofareastfontfamily: Symbol; msolist: Ignore;">· **__Negotiation__** <span style="font-family: 'Courier New'; mso-fareast-font-family: 'Courier New'; msofareastfontfamily: 'Courier New'; msolist: Ignore;">o Describe any suppliers with whom you will have to negotiate. <span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-bidi-font-weight: bold; mso-fareast-font-family: Wingdings; msobidifontfamily: Wingdings; msobidifontweight: bold; msofareastfontfamily: Wingdings; msolist: Ignore;">§  I will have to negotiate with local farmers and supermarkets.