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Essay On Shakir Fast Food Restuarant

1372 Words6 Pages

Introduction The Shakir Fast Food Restuarant (SFFR) was established in October 1998 with an objective to provide fresh and tasty fast food to customers in reasobale rate. Also with a mission "to assist in employment generation and value addition to the national income, through development of the small and medium enterprise (SME) sector. Problem Statement The rival company named XYZ has recently opened its franchise near to SFFR and many of our customers are attracting towards it due to its starting packages. Project Brief Fast food is a food which is prepared and served quickly at outlets called fast-food restaurants. It is a multi-billion dollar industry which continues to grow rapidly in many countries. A fastfood restaurant is a restaurant …show more content…

Details of suitable buildings are given in Section 2.5.3. Additionally, it is necessary to buy a stock of packaging materials and the initial raw materials and ingredients. The start-up capital is the amount of money that is needed to buy the facilities and equipment, to register and licence the business and get the necessary hygiene certificates. Working Capital includes the costs of raw materials, packaging, staff training, product promotion etc. that have to be made before the business begins to generate income from sales of the product. The requirement for working capital also continues as the business develops and is discussed further under 'Cashflow' below. As described in Section 2.7.1, fruit and vegetable processing has relatively high requirements for working capital compared to other types of food processing. This is because of the seasonal nature of crop production and the need to buy several month's supply of crops during the season and part process them so that production can continue for a larger part of the

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