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Figure 4.21Human skills are main key for success of business.

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  • "Figure 4.21Human skills are main key for success of business. And 30% respondents are strongly agreedthat human skills are very important for fast food business. While 38% people replied they arealso agreed with this statement. Only 2% respondents a..

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  • "Figure 4.21Human skills are main key for success of business. And 30% respondents are strongly agreedthat human skills are very important for fast food business. While 38% people replied they arealso agreed with this statement. Only 2% respondents are disagreed and strongly disagree with it.Q22.Are you agree the professional people can increase the sale of food business? Figure: 4.22Off course for any business have need skilled and professional people. Because the professionalwill tech and train to their staff and helped to them for their grooming. In survey 37% peoplewere agreed that the professional people can increase the sale of their business. While only lessthan 1% & 3% were disagreed and strongly disagreed with this sentence.4.2 Business Implications Implications for businesses are most important part before starting any business.Implications are depends on the nature of business. At here we are going to open new fast foodbusiness in Peshawar. And its research is done. In business implications comes to findconvenient place, a good team for your business and to know about threats and challenges forbusiness.4.2.1 Location: It is a difficult job to find suitable and convenient place for the business which is near oraround the public place. As in research mostly students and employees were responded, so nearthe Peshawar University is suitable place for MFC. Because on the west of university hasdifferent schools and colleges while on North side has offices, big malls and markets. For MFCrestaurant has suitable location next to front gate of Peshawar University and this location isfamous with name of Al Hazer Chock. And also AL Hazer Chock is neared from every side andconvenient for everyone. And also a public place.4.2.2 Good managerial team: For fast food business the second difficult thing is to find a good team. Which canmanage and run the business very well? As MFC is a fast food chain and for that has needmanager, chef, bartender and servers etc. After hiring the staff along it has need to train andmotivate to them for achieve the high progress. It is not an end after that also have need toprovide periodic training to staff. 4.2.3 Staff Incentives:After hiring the staff has need to give them incentives and bonuses according to theirperformances and progress. Because by giving incentives and bonuses also motivate to theemployees. Motivation is a good technique for high performance from employees. Along this toprovide the staff meals, compensates during EMG, s etc.4.2.4 External Threats/Competitions: In Peshawar city already have a lot of fast food restaurants doing business. Which are bigthreats for MFC. And has a huge competition in the market. So for sounded entry in the markethave needed to focus on advertisement and marketing four P, s for good competition. In startingMFC will give the promotion of buy one-free one at low price and with good quality food andservice. And also will continue to remove the threats from their business way for businesssuccess. 4.2.5 Unknown Challenges: In business sector have a lot of unknown challenges. Which are unpredicted for business?Like MFC is starting their business in Peshawar, Pakistan. And there have some issues likeelectricity and gas crises, Political up and down and others issues. MFC has need ready to facethe unknown challenges and issues. CHAPTER FIVE5.0 Business Plan 5.1. Business Canvas Model The Business Canvas Model is sum up of strategic management (SM) and startupdesigns for developing new business or documentation of existing business models. First time business history the business canvas model was introduced by Alexander Osterwalder.Businesscanvas model BMC has basic key elements are priority customers, Superior value proportion,Competitive strategy, Channels, Relationships, Key activities, Value chain resources, Identity,Cost Budget, Stream revenue. Value Customer CustomerKey PartnersKey Activities Proposition Relationships Segments •In this study take •To hire the Head•Served the healthypart different age chef whose has the•Build good •In this study takeand pure food.groups. experience in certain relationships with part different age•Fresh Ingredients.•Fast-food restaurant food. consumers by groups.•Served the naturalfor fast-food crazy •Find the good offering good service •Fast-food restaurantand hot fast food.consumers. suppliers for fresh •Allowing to and high quality food for fast-food crazyconsumers to try•Guest who always vegetables, chicken •Encourage the consumers.new taste.try fast food and and for other rawregular customers on •Guest who always•Offered foodenjoy the taste of fast material. Which can their re-visit by try fast food andaccording to demandfood. deliver these thingsgiving discount etc. enjoy the taste ofof customers withhigh quality service.•Customers who on time? •To make a friendly fast food.order online for fast •Innovation in foodenvironment for •Customers whofood delivery. quality. good customer order online for fast•Healthy food. •Highly motivatedservice. food delivery.staff, waiters and •Promotion & •Healthy food.waitresses. coupons.•Innovation in foodvariety.•Awareness aboutfood ingredients.Key ResourcesChannels •Head Chef. •Marketing through•Record keeping of TV ads, Social mediamaterials. and holdings.•Operational •Online ordersmanager. through apps and free•Kitchen accessories delivery service.(Equipment). •Through direct•Restaurant serving contacts withstaff. consumer by•Home delivery staff. dividing broachers.•Suppliers. •Reservation through•Marketers. online system for dinIN.Cost Structure Revenue Streams •Total fixed cost per annual Rs. 5,74,500In stream revenue came the daily sale of fast food by•Variable cost 1st yearRs.2,31,500consumers. And other side the reservation for parties,•Revenue 1st yearanniversaries and meetings are also will increase the•Payback period revenue of MFC. 5.1.1. Priority customers: Nowadays fast-food is become a trendy food. And fast food is favorite of every age group.Here are some key elements of customer priority.• In this study take part different age groups.• Fast-food restaurant for fast-food crazy consumers.• Guest who always try fast food and enjoy the taste of fast food.• Customers who order online for fast food delivery.• Healthy food.5.1.2. Superior Value proportion:To serve a value added food with new varieties which are created a big difference with otherexisting fast foods. Fast food will be core valued means high quality and new tastes.• Served the healthy and pure food.• Fresh Ingredients.• Served the natural and hot fast food.• Allowing to consumers to try new taste.• Offered food according to demand of customers with high quality service.5.1.3. Competitive Strategy:MFC has a great location for its business at Al Hazer Chock in Peshawar. Also this locationis main public place and people are used to with fast food. But MFC will keep up itsfollowing strategies for competitive environment.• High quality food with great service.• Highly motivated staff.• Excellent Quality service.• Skilled and professional waiters and waitress.5.1.4. Channels: "

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