Starbucks
Owner(s) name:
Idil Hadi Business address and postcode: 3 High view Gardens N11 1SE
New Southgate
London
Business telephone number:
02089765589
Business email address: starbuckAG@gmail.com
Section one
Executive summary
1.1 Business summary:
My business is a Starbucks franchise. We specialize in coffee and hot drinks; however, we sell sandwiches, desserts, smoothies and Frappuccino’s. The area I’ve decided to place my new
Starbucks coffee shop is next to Gina’s bakery
1.2 Business aims:
To provide high quality products and services to all of our customer, are aims are also to make sure we meet our customers’ expectations by having a customer service process to make sure all complaints and queries are heard and dealt with appropriately.
1.3 Financial summary:
Startin g cost
Franchis e fee
Security costs £8,500
£5000
Opening advertisement s
Legal and accountin g
£1,500
£2,500
Insuranc e Supplie s £1,500
£1,000
Tables and chairs
£300
Toilet mirrors and equipmen t
Total starting costs=
£20,55
0
£250
Runnin g cost
Training expense s
£1,500
Property
Acquisitio
n Fees
£5000
Refurbishment
Equipmen t £20,000
Wages
Wi-Fi
£7.00
£15.00
A month
A month £20,000
Heatin g and hot water
£125
A month Electricity
£130
A month
Total running cost=
£46,77
7
Section two
Owner’s background
2.1 Why do you want to run a franchise? I believe that working in an environment where you have responsibilities but limitations as well would help me to work successfully, for example; starting my own business from scratch would mean that everything is my decision and I can direct my business in any direction I please that abides by the law.
Running a franchise allows me to operate a business with the template of the original business, meaning that if I plan and follow the rules and regulation accordingly,