Restaurant Practicum Report on (Name of the restaurant) (Exact address of the restaurant) TRAINING PERIOD: November 9‚ 2009 to February 14‚ 2010 In Partial Fulfillment of the Requirements for the Course Restaurant Practicum For a Degree in Bachelor of Science in Hotel and Restaurant Management College of International Hospitality Management University of Perpetual Help System - DALTA Alabang – Zapote Road‚ Pamplona 3‚ Las Piñas City SUBMITTED TO:
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000‚000 = $5‚150‚943 f. $4 million investment PV = $5‚400‚000/(1+0.06)1 = $5‚094‚340 Virginia’s optimal investment in the restaurant is $3 million‚ which give her a total of $5‚150‚943 at the end of year 1. This is approximately a 29% increase in her wealth. 3. PV of investment with $2.8m borrowed FV = Restaurant Future Cash flows – [Principle(1+0.06)] = $4‚400‚000 – [$2‚800‚000(1.06)] = $4‚400‚000 - $2‚968‚000 = $1‚432‚000 PV = $1‚432‚000/1.06 = $1‚350
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The establishment that I chose to servicescape is the Suede restaurant. Suede is an elegant Caribbean restaurant‚ which is located at 5610 Clarendon Rd‚ East Flatbush‚ NY 11203. The owner‚ Celia Belyn‚ created the restaurant in a non-gentrified neighborhood because she felt that there is not a lot of restaurant like this and she want to help develop the area. Plus‚ it would get her a lot of business because it would be convenient for people in the neighborhood. She also stated that she wanted to
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Chapter II PROJECT BACKGROUND AND HISTORY Restaurant means a business whose principal purpose is the sale of food or beverage served in paper‚ plastic or other disposable containers for immediate consumption inside‚ outside or away from the building‚ including businesses that provide delivery of food for immediate consumption. In the restaurants‚ products and suppliers are used on a “first-in‚ first-out” basis to ensure freshness. This chapter is more on the description of the project background
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Just-A-Shore Away Lounge & Restaurant Executive Summary Just-A-Shore Away Lounge & Restaurant is a 30 seat fine-dining restaurant with a 15 seat lounge that focuses on healthy yet tasteful seafood dishes with influence of many countries. It will be located in the rapidly expanding‚ City of Progress‚ Enterprise‚ Alabama. In Enterprise Alabama the citizens are fond of seafood and are eager for a fine-dining seafood restaurant. The average person in the U.S. consumes about 14 pounds
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Company Background MARRYBROWN‚ winner of numerous domestic and international franchise industry awards‚ is proudly Malaysian-owned and has over 30 years of franchise experience under its belt. The home grown fast food chain is currently the world’s largest Halal Quick Service Restaurant (QSR) brand originating from Asia. MARRYBROWN has a strong international presence with outlets operating in Malaysia‚ China‚ Indonesia‚ India‚ Sri Lanka‚ Maldives‚ Africa‚ the Middle East and Myanmar. The halal
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Chapter 2 REVIEW OF LITERATURE Though there are sufficient amount of literatures highlighting the promotion strategies‚ but a few of them has emphasized on the discussion of the promotional aspects of hospitality industry. At the same time‚ the literature attempted to deal with promotion strategies of hospitality industry is not available enough and is very limited. Promotion Promotion is one of the four Ps in the marketing strategy‚ together with Product‚ Place and Price
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Service Marketing Assignment Service blueprint of a restaurant By: Abhishek Jain (876001) Service Blueprint: The service blueprint is a technique used for service innovation. The service blueprint consists of 5 components: 1. 2. 3. 4. 5. Customer Actions Onstage / Visible Contact Employee Actions Backstage / Invisible Contact Employee Actions Support Processes Physical Evidence 1. Customer Actions This component contains all of the steps that customers take as part of the service delivery process
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INTRODUCTION : A restaurant is an establishment which prepares and serves food and drinks to customers in return for money‚ either paid before the meal‚ after the meal‚ or with a running tab. Meals are generally served and eaten on premises‚ but many restaurants also offer take-out and food delivery services. Restaurants vary greatly in appearance and offerings‚ including a wide variety of the main chef’s cuisines and service models. While inns and taverns were known from antiquity‚ these were
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Jollibee Taft (Right on front of One Archers Place) 1) Product Elements D NI S VS E The food in this branch was top notch and would certainly belong to the Jollibee branches of higher quality. Service was also quick and easily accessible. It does not stop in the counter as staff goes around the restaurant for them to attend to your needs as well. This is not too common in QSR’s that I’ve been to. 2) Price D NI S VS E Prices in this Jollibee branch were just enough to show for its quality
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