Sample Catering Business Plan – SWOT Analysis
We are quite aware that is some serious competition when it comes to the catering trade in Johannesburg, which is why we decided to take our time to work on our strategies before launching. Our goal is to become a leading all – round catering services company in the whole of Johannesburg and the only way to achieve this is to go above and beyond to beat our competitors. In order to outperform our competitors in Johannesburg, we drew up a SWOT analysis.
In view of that, we were able to take stock of our strengths, our weakness, our opportunities and also the threats that we might to be exposed to in establishing our catering business in Johannesburg,. Here is a summary from the result of the SWOT
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This is one of the major areas catering companies leverage on in building their businesses to generate steady income.
Outdoor catering is known as the most common form of catering, it doesn’t happen very often lately because people do not host events on a daily basis. Catering companies are constantly competing to get the available events and weddings etc.
In order to compete with the big businesses in the catering industry in Johannesburg, we have decided to create a twist, which is why we want to run an all – round catering business; a catering business that is not just restricted to cooking and serving of foods, but a catering business that will offer rental services.
Introduce our business by sending introductory letters alongside our brochure to all the corporate organizations in Gauteng.
• Neighborhood, door to door and mouth to ear mode of adverts to introduce our business in our community
• Engage in road shows ( make some open air noise) to introduce our business
• Advertise on radio stations.
• Create different packages for different category of clients in order to work with their budgets and still deliver quality foods and
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• Have a massive launch. We are currently looking at launching the company on the 16th of June which is an iconic day for all South Africans. This will bring in a huge crowd ensuring that our name becomes a household name.
Target Market
When there is a symbolic time in peoples lives it always calls for a celebration. There are many occasions that people celebrate and we are there to cater for those events.
Yes, our catering services is within the reach of everybody and we intend serving available clients, but in order to effectively make plans and take actions towards meeting our sales and marketing goals, we have been able to pencil down the category of people and organizations that will be our main target market. Below is a list of the people and organizations that we have specifically designed our products and services for;
• Families (Homes)
• Schools (boarding house and campus et al)
• Wedding Ceremonies
• Event Planners
• Sport Centers
• Corporate Organizations
• Managers of public
The business will provide services such as delivery of the food that will be provided.
Per the U.S. Agency of Labor Statistics, the meeting, tradition, and event organizer calling is anticipated to grow to 33 percent from 2012-2022, which is much quicker than the normal development rate of all occupations (11 percent). 7. Large occasions, for example, the Olympics and Super Bowl can animate framework advancement in urban areas, prompting expanded property estimations also, enhancements for nearby streets and highways. 8. The meeting and occasion industry is viewed as an early adopter of natural stewardship.
I started off as a host and worked my way up to shift and catering manager by 18. Throughout my years at the company, I’ve noticed we hardly advertise the restaurant or its food. Being a rather small franchise, we pride ourselves on knowing the community before knowing the nation. As a company we do have a public website, events with the universities near by, and even host professional catering events. However, we lack a commercial that speaks to the community as well as the nation.
SWOT Analysis Strengths: •Many different departments in store, such as, deli, hot foods, produce, meat, dairy and natural
El Dia de los Muertos (the Day of the Dead), a Mexican celebration, is a day to celebrate, remember and prepare special foods in honor of those who have departed. On this day in Mexico, the streets near the cemeteries are filled with decorations of papel picado, flowers, candy Calaveras, and parades. It is believed that the spirit of the dead visit their families on October 31 leave on November 2. In order to celebrate, the families make altars and place ofrendas of food such as pan de muertos baked in shapes of skulls and figures, candles, incense, yellow marigolds known as cempazuchitl (also spelled zempasuchil) and most importantly a photo of the departed soul are placed on the altar.
It has one of the fastest growing tourist destinations, with a safe environment in means of security. It is classified as a high income developing economy by the IMF (International Monetary Fund). The geographical location of the country itself, being located between Asia, Europe and Africa is a huge advantage to the investors. SWOT ANALYSIS To evaluate the company in ways of progress, success and the faults of the company, an analysis called the ‘SWOT ANALYSIS’ is used. It is a strategic planning tool that creates a response towards the strengths, weaknesses, opportunities and that the threats of the business.
A SWOT analysis is a tool used by organisations to identify its internal strengths and weaknesses, but also the external opportunities and threats. Therefore, this allows the organisation to assess what can be used to aid in achieving their objectives, i.e., strengths and opportunities, as well as aspects that can be improved on or potential problems that can be faced, i.e., weaknesses and threats, as they pursue on achieving business objectives and/or decision making. Explained S.W.O.T. Analysis: a) Strengths Caterpillar Inc. holds a very strong brand image worldwide that directly associates it with high quality products that they provide. In 2014, Caterpillar ranked as the number one brand in heavy equipment followed by a strong competitor,
The business is highly customer-focussed that seeks to provide excellent products and services that deliver enjoyment and value-for-money. They desire to develop within a considerate culture that combines autonomy and accountability while maintaining the strong focus on profitability. The company has been in existence with high rate growth being registered as
Strategic Tools SWOT analysis SWOT analysis is an evaluation of the Strengths and Weaknesses and Opportunities and Threat of the business in connection to the internal and environmental elements influencing an element so as to build up its condition prior to the preparation of a long term plan (Tim Berry, n.d.). It is an effective way to recognizing the strengths and weaknesses of the company and analyzing the opportunities that available for the company and the threats that the company confront. Existing organization can know what they need to change and respond through using SWOT analysis and new organization could use SWOT analysis to investigate the existing business world and think what the new organization could do to compete with the
Bareburger offers a similar quality for about the same price, but with a much higher convenience factor both in terms of throughput time and menu personalization options. foodservice market has grown from €6.07 billion in 2013 to €6.13 billion in 2014, with growth forecasts to almost €6.5 billion by end 2017. diners’ expectations include health, entertainment and unique offerings when eating out, although price is still a key consideration. growth in consumer spending is predicted to be up 1.9% on a compound annual growth basis through to 2017 (CAGR - the average sales increase over a specified number of years incorporating compound growth). optimistic indicators for the future of the foodservice market 's performance lie in the rise in disposable income, increasing consumer confidence and greater tourist numbers.
Executive Summary This report analyses Morrisons’ strategic developments since the beginning of 2000s till present time. Some key strategic directions are emphasized taking into account the impact on the business. Morrisons’ acquisition of Safeway, launch of e-commerce and vertical integration model of supply chain are discussed in detail. In addition, the grocers’ competitive advantage is identified as opposed to its big rivals, namely Asda, Tesco, and Sainsbury’s.
Everyday billions of people all of the world decide how they will provide breakfast, lunch, and dinner for themselves and/or their families. People enjoy gathering around food for all types of celebrations, football games, family gatherings, meetings, and more. Food is an absolute necessity in our lives as it is the fuel for our bodies and everyone has the choice to cook meals within their homes each day or they have the choice of eating out at a restaurant. In the time we are living in today there are a lot more restaurants available than there was 50 years ago and the number continues to rise. Both eating out and eating at home have advantages and disadvantages
Executive Summary This report complies of an extensive study of Nando’s South Africa. A brief background of Nando’s is provided. A SWOT analysis is used to scan the micro environment of Nando’s to identify the businesses strengths, which should be exploited to gain a competitive advantage, weaknesses, where strategies need to be implemented so not to lose customers , opportunities, where strategies to exploit these ideas to gain a competitive advantage need to be identified and implemented and threats, where strategies need to be implemented so the business is not negatively affected. The Porters Six Forces model is used to scan the challenges Nando’s faces in the market environment by looking at level of rivalry in the market, the threat
Introduction The following strategic analysis report was carried out for Giant Hypermarket in Malaysia. Giant Hypermarket also popularly known as “Giant” is a subsidiary of Dairy Farm International. The objectives of the study is to advise the Board of Directors into a possibility to revisit and redesign the current business strategy based on the blue ocean strategy (Kim and Mauborgne, 2005) to provide value based innovation via cost reduction with increased value for buyers and to ensure sustainable business operation in Malaysia. Additionally, the analysis also includes the possibility of developing a global strategy for Giant.
Literature review Advertising has become a form of communication and a great source for promoting services and products for any business in the whole market because of its broader impact. The main idea of an advertisement is to get the attention of the consumers, build up the product’s strong image in their mind and provide information to help the consumer to make a purchase decision. So, the central focus in today’s diverse global marketplace is the consumer. Companies exert a lot of effort to find out the best ingredients that should be in an effective advertising and identifying its influence on the consumer’s mind, so effective advertising should be considered as one of the most important tools that strongly affect and can change the consumer’s buying behavior. The research attempts to investigate the impact of effective advertising on the consumer’s buying behavior.