Sunday, June 9, 2019
Request for Funds to Expand to Outdoor Catering Assignment
Request for Funds to Expand to Outdoor provide - Assignment ExampleAs such, the restaurant is considering other options that can divine service it serve its distinguished clients adequately. Currently, the fast food market is experiencing a rapid growth due to the increase of the working class customers. These are a theme of customers who have money to spend and thus offering opportunities for investors to venture into the fast food industry. In this regard, this proposal invites venture capitalist to friend Seasoned Catering to expand its business to outdoor catering.Seasoned Catering is a fast food restaurant that serves organic fast food to its customers. Over the years, the restaurant has seen its customer base expand due to an emphasis on healthier food products. Currently, Seasoned Catering has one outlet located in the city nub and mainly serves the working class who has limited time to cook at home. The prices for Seasoned Catering products are customer friendly and this has helped to increase the demand for products from the restaurant. The restaurant at the moment has a round consisting of 10 caterers and two management staff. However, the increasing number of customers means there is need to add more staff members to improve service delivery. While the restaurants maintain a focus on its working-class customers, it has also noticed the opportunity to also serve customers at their doorstep. This would help to improve the restaurants sales volume and acquire by over 70%. However, Seasoned Catering lacks adequate start-up that can ensure it reaches organic fast-food customers in varied locations around the city (Woolard & Condon, 2013).The outdoor catering for fast food is a new service in the market and it provides significant opportunities to increase sales and profits respectively.
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