Business Plan
(Coffee shop)
Paper 1
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[Student name]
[Instructor name]
Date Submitted:
Proposed Small business Plan of a coffee shop http://www.hdwallpaperspics.com/uploads/2013/01/coffeebeancup-858158.jpeg
I got a chance to do any kind of business, I select to do a coffee shop because coffee is my passion. It’s much expensive and more beneficent for us. If we start a coffee shop we need lots of pre work and then we can start it. We also have used some resources for starting point of new business. We follow many steps to get our required outcome. (Berry., 1996-2013)
Firstly, we need a business plan on which our coffee shop exists. For getting a successful coffee shop we need to know about some knowledge about extensive experience, hard work and combination of skills. For a successful coffee shop we need to follow basic steps to make it a successful business. (Baskerville., 2012)
Here I will try to cover the organization proposed small business mission and vision statement.
Mission statement:
The company’s mission statement is essential for the foundation of the company. It has a major purpose to serve a guideline to the all decision making process of the company with potential and progressive manners. While the role of shareholders, leaders and employees all are spending their workplace or professional life surrounded by the target of the mission statement. At the same time it helps the workers in decisions and takes orientation that is necessary and best aligned with the mission of the company. A mission statement gives the organization an insight to all company leaders, which is the primary purpose of business (Carpenter, Baue, & Erdogan, 2014).
This company’s mission statement consist of
“to provide the friendly, pleasant, peaceful and comfortable environment where every coffee lover can receive best quality food, coffee, beverages with excellent customer services, entertainment at a reasonable price.”
While the other companies have based on a profit motivated mission that needs to make customers’ main point. A mission statement has been related to the organizational strategy that provides a step by step process for the development of the company’s objectives, company’s strategies and acquire to the mission of the organization. The company has objectives that may include market share, targets, profit, revenue prospective and organizational goals and customer satisfaction. On the other hand it develops short business strategies to accomplish with the objectives of the organzaiotn. Furthermore, mission statement provides the ways for training, monitoring and feedback respective to deal with organizational strategies. It is essential to achieve higher company’s image with reliable customer trust and satisfaction factors (Kokemuller, 2015).
http://images.flatworldknowledge.com/carpenter/carpenter-fig04_004.jpg
Vision Statement:
While vision statement works with the incorporation of mission statement. It confused with it and offer more of a direction to include a comparative values perspective. Vision provides a straight direction to the company for the next five or ten years. On the contrary, it is based on the commitment to integrity, transparency and openness values of the company. Vision statement indicates and adds the elements of human based values those inspires the employees to target the sense of purpose (Kokemuller, 2015).
Vision statement of this coffee shop is based on some elements mentioned below:
· To establish a well known and most trusted as well as a perfect coffee house for coffee lovers
· To be the strong leader in the coffee industry with new innovation, services and perfect quality.
· To perform as the best coffee provider company in coffee industry.
Normally the small companies includes product, customers and invest in the mission statement of the company. It is very effective and conveys the intensions to deliver desired results for hot all entities of the company. Vision statement provides more details about key values of the company’s values, and creates a difference in the lives of people. In fact vision statement works as the helping hand of the mission statement with high priority and profitability of the company. It is desired towards the success of the company in a state, country and globally (Kokemuller, 2015).
Mission and vision statement provides a tool for the best way of communicating with the company’s core purpose and values for all its stakeholders. It leaves a great impact on the company’s current and future success. These statements work widely to circulate with the meaning to understand and share the company’s strategic implementation (Scarborough, 2015).
References:
Carpenter, M., Bauer, T., & Erdogan, B., (2014)., Principles of Management, Reteieved from: http://catalog.flatworldknowledge.com/bookhub/5?e=carpenter-ch04_s01#carpenter-ch01
Kokemuller, N., (2015)., Importance of Mission Vision in Organizational Strategy, Retrieved from:http://smallbusiness.chron.com/importance-mission-vision-organizational-strategy- 16000.html
Peter Baskerville., (2012)., What's The Secret To A Successful Coffee Shop?., Retrieved form:http://www.forbes.com/sites/quora/2012/12/20/whats-the-secret-to-a- successful- coffee-shop/
Scarborough, N. (2015). Effective Small Business Management. In Effective Small Business Management (pp. 19-20). Pearson Learning Solutions.
Tim Berry., (1996-2013)., Start a Coffee Shop or Cafe Business., Retrieved from:http://upandrunning.bplans.com/liveplan/