MAKE THIS SHORTER AND FOR 9TH GRADE

Question

Project Implementation Plan for “Siplicity” Coffeehouse
Organization Structure
Ownership and Management:

Parent Company: Restaurant Brands International Inc. (RBI)
Coffeehouse Name: Siplicity
Owner/Manager: [Your Name]
Staffing:
Baristas (3-5)
Kitchen Staff (2-3)
Customer Service Staff (2)
Marketing Manager (part-time or consultancy)
Accountant (part-time or consultancy)
Advisory Board:

Include experienced members from RBI or local business leaders to provide guidance and support.
Activities
Market Research & Feasibility Study:

Analyze local coffee market & competition.
Identify potential partnerships with local suppliers.
Timetable: Months 1-2.
Business Registration and Licensing:

Obtain necessary permits and licenses to operate a food and beverage establishment.
Timetable: Month 2.
Location Acquisition and Renovation:

Finalize purchase of the Wendy's location.
Renovate the space to reflect the “Siplicity” branding and promote community engagement.
Timetable: Months 3-5.
Menu Development:

Collaborate with chefs and coffee experts to create a diverse menu.
Include classic coffee options and innovative seasonal offerings.
Timetable: Month 4.
Hiring and Training Staff:

Recruitment of staff focused on customer service, coffee, and food preparation.
Conduct training programs emphasizing quality service and product knowledge.
Timetable: Months 5-6.
Marketing Plan Development:

Utilize RBI's marketing resources to create an initial promotional campaign.
Develop a website and mobile app for customer orders and loyalty programs.
Timetable: Months 4-6.
Grand Opening:

Organize a community event to celebrate the launch of Siplicity.
Implement promotional offers to attract initial customers.
Timetable: Month 7.
Operational Review and Adjustment:

Gather customer feedback and sales data.
Adjust menu, staffing, and service based on consumer preferences.
Timetable: Month 8 and ongoing.
Timetable Overview
| Activity | Timeline | |-----------------------------------------|-------------------| | Market Research & Feasibility Study | Months 1–2 | | Business Registration and Licensing | Month 2 | | Location Acquisition & Renovation | Months 3–5 | | Menu Development | Month 4 | | Hiring and Staff Training | Months 5–6 | | Marketing Plan Development | Months 4–6 | | Grand Opening | Month 7 | | Operational Review & Adjustment | Month 8 & ongoing |

Financial Goals
Revenue Targets:

Aim for $500,000 in sales in the first year.
Target an annual growth rate of 15%.
Cost Management:

Set an upper limit for startup costs (equipment, renovations, initial inventory) to not exceed 40% of projected first-year revenues.
Establish a financial plan incorporating operational costs and forecasting future expenses.
Key Performance Indicators (KPIs)
Customer Acquisition:

Number of customers within the first three months of operation.
Customer Retention:

Percentage of return customers and loyalty program sign-ups.
Sales Metrics:

Weekly and monthly sales tracking to assess growth against targets.
Community Engagement:

Number of events hosted and local partnerships fostered.
Operational Efficiency:

Average wait time for orders and customer service ratings.

Answer 1

Project Plan for “Siplicity” Coffeehouse

Ownership and Management:

• Parent Company: Restaurant Brands International Inc.
• Coffeehouse Name: Siplicity
• Owner/Manager: [Your Name]
• Staff Needed:
  • Baristas (3-5)
  • Kitchen Staff (2-3)
  • Customer Service (2)
  • Marketing Manager (part-time)
  • Accountant (part-time)
• Advisors: Local business leaders or RBI members for guidance.

Activities:

1. Market Research (Months 1-2):

   • Study local coffee market and competitors.
   • Find local suppliers.

2. Business Registration (Month 2):

   • Get necessary permits and licenses.

3. Location Acquisition & Renovation (Months 3-5):

   • Buy and renovate the Wendy's location to fit “Siplicity” branding.

4. Menu Development (Month 4):

   • Work with chefs to create a diverse menu.

5. Hiring and Training (Months 5-6):

   • Recruit staff and provide training on service and products.

6. Marketing Plan (Months 4-6):

   • Use RBI’s resources for promotion; create a website and app.

7. Grand Opening (Month 7):

   • Host a community event with promotions.

8. Operational Review (Month 8 and ongoing):

   • Gather feedback and adjust services and menu as needed.

Timeline Overview:

| Activity | Timeline | |------------------------------------|------------------| | Market Research | Months 1-2 | | Business Registration | Month 2 | | Renovation | Months 3-5 | | Menu Development | Month 4 | | Hire and Train Staff | Months 5-6 | | Marketing Plan | Months 4-6 | | Grand Opening | Month 7 | | Ongoing Review | Month 8 onward |

Financial Goals:

• Sales Target: $500,000 in the first year, with a 15% growth rate.
• Cost Limit: Startup costs should not exceed 40% of first-year revenue.
• Financial Planning: Include operational costs and future expenses.

Key Performance Indicators (KPIs):

• Customer Acquisition: Number of new customers in the first three months.
• Customer Retention: Percentage of returning customers and loyalty sign-ups.
• Sales Tracking: Weekly and monthly sales to gauge growth.
• Community Engagement: Number of events hosted and partnerships formed.
• Operational Efficiency: Average wait times and customer service ratings.