Download file to see previous pages
The preliminary research has revealed that there are very few bakeries in the populated areas of New Delhi and hence, the competitive edge of the bakery would be its location inviting a lot of pedestrian traffic on a daily basis. The main customers of the bakery would be office going youngsters and students who like mobile food and snacks and have a preference for Western origin food more than their local origins. The initial setup cost of the bakery including the construction, rentals, machinery, raw material, etc. is around $ 76,000, which is an estimate calculated from the data of bakeries of similar capacity. New Delhi hosts majority of the Indian elite and average income people, and investing in a bakery that has numerous future prospects seems like an investment that is worthwhile. Moreover, bakery items have long changed their place from that of being luxury commodities and have now become necessities. Therefore, opening a bakery in downtown New Delhi would prove to be an extremely profitable venture with the rising share of the bakery industry. The Gantt chart of the project shows that it would take the bakery more than two months approximately starting from research up until its launch. Project Description The objective of the project is to set up a small bakery that sells hot breads, rolls, cakes, etc. ...
The bakery would host products such as freshly baked breads, rolls, muffins, various cakes, biscuits, sandwiches, and other similar bakery items. The star product of the bakery would be different kinds of hot freshly made breads baked continuously during the day as ordered. The bakery would also setup tables and chairs in its premises to provide seating facility to the customers. It would also have attractive packaging for takeaways and gifts. Market study has revealed that food business, specifically bakeries, restaurants, and other similar outlets suffer less even in the time of recession. Moreover, the business are easy to setup and not a lot of technical expertise is necessary. The revenue model of such a venture is also very simple and the risk involved is not very high, typically for investors investing in such a business. In order for a bakery to be successful, we need very few basic things: a need in the market, taste and quality in the product. New Delhi is a sophisticated city and majority of India’s elite is located here. Here people have the income and the resources to spend on luxuries such as eating out and spending on bakery items. In addition to this, the star product of the bakery, i.e. the freshly baked bread is not even considered a luxury anymore. It has become a necessity for every modern household’s breakfast table. Besides, a survey of the city areas where the offices and schools are located reveals that there are not many bakeries close by. Hence, a bakery that is in the middle of the daily hustle and bustle is bound to be successful, as it would get tremendous amount of attention and pedestrian traffic on a daily basis. Work Breakdown Structure WBS LEVEL WBS LEVEL 2 WBS LEVEL 3 Cost
...Download file to see next pagesRead More
Cite this document
(“A Bakery in Downtown, New Delhi Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from https://studentshare.org/management/1430063-project-managment
(A Bakery in Downtown, New Delhi Essay Example | Topics and Well Written Essays - 750 Words)
“A Bakery in Downtown, New Delhi Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/management/1430063-project-managment.
The objective of the project is to setup a fast food and bakery items take-away counter in the whereabouts of Mumbai, probably in the downtown of the city selling freshly baked items such as hot breads, rolls, cakes, sandwiches, pizzas, burgers, rolls, etc.
It is committed towards customer satisfaction in bread making as its catchy trade name, DELIcious Bread suggest. Anything new is a hit! Yes it is, and nowhere in the food industry can this exclamation be more pronounced than in the mouth-watering product lines, succulent-food business and the traditionally inseparable bread and coffee fare in the table.
creative capability 9 - 10 Conclusion 11 Appendix Appendix 1 12- 15 Bibliography Bibliography 16-18 INTRODUCTION “Creativity is the ability to produce work that is novel and appropriate. Creativity is a topic of wide scope that is important at both the individual and societal levels for a wide range of task domains” Robert Sternberg cited in (Sternberg, 1999).
A Growth Strategy should be planned to enable the company to anticipate the changes in the internal environment caused by the external environment in time. To start the process of selecting a market-dominating business and marketing strategy we must take the first four steps
It offers everything to every kind of traveler. Culturally diverse, it reflects the Muslim culture clubbed with the old Hindu traditions and the English influence all around. Yamuna, a tributary of Ganges flows on one side of Delhi. Delhi is a cosmopolitan society with Hindus from all strata of society, Parsis, Afghans, English all having lived together for centuries, have built an unifying culture.
Kyle, Baird, and Spodek (2004) note that property management in India and the world as a whole is a growing business. Many firms are trying to check on their competence in it. This is by expanding their services to other cities due to the rising demand. At the present, there is minimal competition which in the same years, is expected to increase gradually.
The expectation of the company is that it will be able to pay off loan in next five years because of their increasing sales to be expected in next two years. The paper will discuss about the competitive analysis of the business and it will
In author’s opinion, the company is not basing its pricing on the cost-plus basis. It is mainly dependent on customer loyalty and the fact that it has managed to maintain the high level of competition for a longer time than its competitors. It sets the higher prices with the knowledge that it produces one of the best qualities in the market.
2 Pages(500 words)Assignment
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"A Bakery in Downtown, New Delhi"
with a personal 20% discount.