Venture Concepts
Venture Concepts
FIN/375
May 20, 2013
Venture Concepts *
Opening a bakery that also specializes in coffees from around the world is a * venture that many people wish they could happen. If a person has the resources to make this venture happen it would not only make the owner happy but also the customers as well. * To make this venture happen the owner will have find the location for the restaurant. The correct location is crucial in making a business a success. Once this location is the owner will have to go to the bank for financing. There are bakeries and café’s everywhere so the owner will have to convince the bank why this will be successful. * Not only will the potential owner have to determine how much money he or she will need to start the venture but also convince the bank that he or she is passionate about making the venture work. After the financing has been approved and the leasing of the building has been done, determining how to get the business up and running is next. * The bakery will be small to start out with but will make the bread and pastries fresh every day so there will have to be restaurant operational ovens, mixers, refrigerators, and other miscellaneous equipment that a kitchen will need. Additionally there will need to be commercial coffee pots to hold the different coffees that will be sold. There will need to be two pastry chefs hired along with two front counter people to take care of the front of the store along with handling customers. * The demographics of the building will on 21st avenue in Nashville, Tennessee which is the home of Vanderbilt University and Belmont University that are located in a two-mile radius of 21st avenue. Demographically this is a good choice because of the many college students who frequent bakeries and coffee houses. Free WI-FI will
FIN/375
May 20, 2013
Venture Concepts *
Opening a bakery that also specializes in coffees from around the world is a * venture that many people wish they could happen. If a person has the resources to make this venture happen it would not only make the owner happy but also the customers as well. * To make this venture happen the owner will have find the location for the restaurant. The correct location is crucial in making a business a success. Once this location is the owner will have to go to the bank for financing. There are bakeries and café’s everywhere so the owner will have to convince the bank why this will be successful. * Not only will the potential owner have to determine how much money he or she will need to start the venture but also convince the bank that he or she is passionate about making the venture work. After the financing has been approved and the leasing of the building has been done, determining how to get the business up and running is next. * The bakery will be small to start out with but will make the bread and pastries fresh every day so there will have to be restaurant operational ovens, mixers, refrigerators, and other miscellaneous equipment that a kitchen will need. Additionally there will need to be commercial coffee pots to hold the different coffees that will be sold. There will need to be two pastry chefs hired along with two front counter people to take care of the front of the store along with handling customers. * The demographics of the building will on 21st avenue in Nashville, Tennessee which is the home of Vanderbilt University and Belmont University that are located in a two-mile radius of 21st avenue. Demographically this is a good choice because of the many college students who frequent bakeries and coffee houses. Free WI-FI will
References: * Provence breads and cafe. (2013.). Retrieved from http://www.provencebreads.com/wordpress/ * * * *