Friendships bakerys’ will hold true to its vision of being a new concept with the classic looks implemented in the bakerys’ in order to become a favourite spot for the people nearby. As reported in the news, business like cafes and bakery are among the national leader in money spending, Gong Badak as one of the developing district in Terengganu is an optimal location for launching a new restaurant concept. Friendships bakerys’ also hopes …show more content…
We intend to make enough profit to generate a fair return for our investors and to finance a continual growth and development in enhancing the quality of our products. We also maintain a friendly, fair, and creative work environment, which respects diversity, new ideas, and hard work by our workers and the shareholders. Therefore, we have planned on to innovate our product to make sure there is always a new product produced to keep the spotlight on our spot. Once we hit the equilibrium point of our company we have planned to expend our business by opening a new store. With that we will not only maintain our customers but to make sure it kept on …show more content…
They have tocope with the fluctuating price of input by using its futures products to prevent loss of profits. Small bakeries at the edge of the cliff whenever a new competitors enter the market, unless theyhave some innovation or somenew value added in their product, they probably couldn’t compete with the others giant company economically there are focusing to a small scale of society yet through the society they can win against the giant company. In a case, the latter buy out the former, as when Flowers Foods acquired Lepage Bakeries in 2012. A study have been conducted in Malaysia that the bakery industries have been shrinking and kept on shrinking till