In the Fine Bar, the management team will have a critical role in managing functions and following are the members that this team will include:

CEO: CEO or Chief Executive Officer will be the head of every other employee. The CEO will also be accountable for all operations in the Fine Bar and will also determine the long and short-term objectives. All the plans and strategies will be delivered to the CEO for approval and it will be determined whether they are sustainable to be pursued or not. The skills of the CEO will involve strategic thinking and the capability of rising above the normal details and deciding where the Fine Bar will be heading. The CEO will also play an important role in hiring workers.

COO: COO or Chief Operating Officer will be responsible for managing the operational details of Fine Bar. The COO will also ensure that the Fine Bar will be delivering its services properly to customers. The COO will be responsible for determining if the processes of Fine Bar are meeting the expectations or not.

President: The main role of the president will be concerned with filling the gaps which are left by the CEO and CFO. The planning board will also include the president and his/her advice would play a critical role in determining the direction of a decision.

CFO: The CFO or Chief Financial Officer will be responsible for handling the money. In addition to it, the CFO will be creating financial strategies and budgets and will be figuring out if it is better for the Fine Bar to head in a specific direction or not. The role of CFO will also be important because he/she will keep the Fine Bar financially stable.

CMO: In the Fine Bar, CMO or Chief Marketing Officer will ensure which strategies should be implemented for ensuring marketing effectiveness. The CMO will also be responsible for analyzing the sales strategy and implementing it successfully (Ahammad, 2017).

Human Resources Plan of Bar and Club in Indonesia

            Human resource management and planning will be carried out by the Department of Human Resource. In this department, the head of all operations and functions will be the Human Resource Manager. He will be responsible for creating the strategies and determining the human resource requirements of the Fine Bar. In addition to understanding these needs, the human resource manager will also create strategies and standards according to which talents will be hired in the bar. For example, he will choose the methods for screening and hiring the workers. It can be through interviews, and it can also be through online searching about the eligible candidates. All of these strategies and plans will be included in human resource planning.

 Other than just planning the human resource, major responsibility for the human resource manager will be to manage people in the Fine Bar, and ensuring that they are performing according to the expectations. It will also be the task of the human resource manager to ensure that there is an innovative culture established within the Fine Bar (Bamberger, Biron, & Meshoulam, 2014).

Business Location of Bar and Club in Indonesia

            The new business of bar and club will be known as A Fine Bar, and it will be located in Jakarta, Indonesia; the bar and club will be facing the Java Sea. This location has been chosen as the most optimal place for the business. The reason why this specific location is considered optimal depends on the nature of the business. This place has been analyzed to be promising for the Fine Bar.

Facilities of Bar and Club in Indonesia

 Facilities will include all the equipment and tools which will be necessary for the employees of Fine Bar to conduct its operations. For instance, since the business is concerned with a bar, seating facility is considered one of the most important facilities. In addition to the seating facility, other facilities will also be included. From the perspective of customers, some facilities will include a comfortable environment and necessary utensils. Meanwhile, from the perspective of employees, the facilities will include significant tools and equipment which will be utilized by them for performing their operations. Facilities is a very broad term in terms of business and organizational facilities have to be changed every now and then. Therefore, when deemed necessary, more facilities will also be added.

     Other than just purchasing and adding the facilities, the existing facilities will be maintained to ensure that they don’t adversely affect the business.

Production Plan of Bar and Club in Indonesia

 The production plan will be developed and managed by operational management. In general, this plan varies with organizations and industries. For the Fine Bar, the production plan will revolve around: Tobacco, Liquor, Wines, Small Chops, Distilled spirits, Martinis, Standup Comedy, Dance and music, and Services for parties and hall rental. It will also include beers such as Bud Light Platinum Lager, Redds Apple Ale, Bud Light, Pabst Blue Ribbon, Natural Light, Michelob Ultra, Budweiser, and Coors Light. In addition to these beers, local beers will also be available in the bar, and they will include Cider, Pale Beers, Dark Beers, Organic Brews, Hebrew Beers and Gluten-Free.

 The production plan will be concerned with the production of the above-given products. Some of the products will be manually created while some of them will be obtained from suppliers. Additionally, the plan will also include the production dates and the number of products required. This plan will be modified on a weekly basis which means that changes will be made every other week.

Day to Day Operations of Bar and Club in Indonesia

            Day to Day operations in the Fine Bar will be included in the operational plan, and these plans will be made on a weekly basis as well. At the start of every week, it will be determined whether the expectations of previous week and requirements are fulfilled or not. In accordance with the results, the operations of the current week will be determined. It will help in adjusting the processes and ensure that success is achieved. If there are issues in the activities of the previous week, then the activities and operations of the current week will be changed to meet the expected standards (Jacobs, Chase, & Lummus, 2011).

Financial Plans of Bar and Club in Indonesia 

Assumed that sales grow with a rate of 10%

(Murray, 2016) 

Assumed that current asset grow with the rate of 10%

Assumed that fixed asset grow with the rate of 7%

Assumed that Liabilities grow with the rate of 10%

Cash Flow of Bar and Club in Indonesia

Assumed that cash inflow grow with the rate of 10%

Assume that cash outflow grow with the rate of 7%

Cash Flow Monthly

References of Management Team of Bar and Club in Indonesia