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Sports bettors Our Competitive Advantage You Win Sports Bar and Grill is a standard center that was established for sports lovers and other people alike where they could watch sports in an environment that was relaxed and secured.
Our intention is to ensure that we are known as the top sports and grill bar here in West Coast — Florida and all over the United States of America as well. We want to be on the lips of locals and tourists alike by and to achieve this vision we have drafted several strategies that will allow us compete favorably against our competitors.
Our first competitive advantage is to ensure that we offer our customers unique services that cannot be experienced in any other place but here.
We intend to have a well organized system that will ensure that the place is not rowdy no matter what sports is on and how many people are watching. The employees we have hired for our business are those that understand the business thoroughly and are also competent and well committed to ensuring that we achieve our goals and become the preferred sports bar and grills not only in West Coast but in the whole of Florida.
We value our customers because we understand that without them we cannot grow our business and attain the heights we intend to, which is why we have rolled out measures to ensure that we retain a high number of clients whilst also attracting new ones.
We have discounts in place, coupons and other strategies that will ensure that we retain our customers. Finally, because we value a solid business structure and intend to hire the best employees, we will also ensure that our employees are well paid and that they undergo constant training that will not only enhance their skills but boost productivity for our business as well.
We therefore intend to offer all our customers here in West Coast different services aimed at ensuring that they remain true to our business. We therefore intend to offer the following services at You Win Sports Bar and Grill to our various customers; Sales of food, snacks and beverages Facility rental for private, special and corporate event Sports-book betting Trainings Sales Forecast There will always be people who want to hang out with friends to watch their favorite sports whilst having a drink or taking some snacks, which means that it is of a huge benefit to us to start this business here in West Coast — Florida.
We are optimistic that our strategic location here in West Coast will allow us attract enough customers to our business that will not only boost our revenue but will ensure that we have made suitable profit during our first year of operations. However, in order to be able to know how well we can achieve this, we hired the services of a reputable sales consultant to examine the industry and our business thoroughly and help us analyze what our chances were and also what our sales forecast would be.
The information gathered by the sales consultant was based on several data and information gathered from similar start-ups such as ours in the industry as well as in our environment here in West Coast — Florida. Below therefore are is a three year sales projection that was conducted on behalf of You Win Sports bar and Grill and based on several assumptions; First Fiscal Year-: The above sales projections which are for a three-year period was conducted based on what was obtainable in the industry.
Several factors such as stability of the economy and lack of a competitor were used in arriving at the sales projected figures.
It should be noted that any change in any of the above factors will likely lead to an increase or decrease in the projected figures.
Marketing Strategy and Sales Strategy Marketing is a very important aspect of the business because revenue is generated during marketing and it is this revenue that is generated that helps sustain the business for as long as the owners want.
Any business that does not engage in marketing is primed to die an early death as it is marketing that brings in the various customers for any business to grow, thrive and compete with its competitors.
However, before drafting marketing strategies for use; it is vital that one conducts a thorough market research. The market research is important because not only does it identify new markets and enables us understand it, it also allows us to understand how best to penetrate the market and get a huge share.
The market research conducted helps the company identify the threat of the market and what best way to attract and retain customers in order to ensure the survival of the business for a long time. We sourced for and hired the services of a reputable marketing consultant here in West Coast — Florida who has a thorough knowledge of the industry and who also knows what marketing strategies are likely to be of benefit to our sports bar and grill business.
The marketing consultant will ensure that the drafted strategies also set us apart from our competitors whilst also creating awareness about us in the industry. We intend to empower our marketing team so that they could also draft effective marketing strategies for the company in line with our corporate values and goals.
Our marketing team will also be empowered to modify, draft and remove marketing strategies that are not effective or not likely to project the company in the best light.Aug 02, · Opening a bar can be a great adventure for the right type of entrepreneur.
But as with any other business, knowing how to write a business plan for opening a bar is very important.
The following business plan summarizes the history of the NB&G, where the business currently resides and its future plans for growth. Mission Statement The Neighborhood Bar and Grill will provide a comfortable place for locals to come and gather for relaxation, striving to be the bar of choice for the locals in the Cresthaven neighborhood.
Bar Business Plan Template – 12+ Free Word, Excel, PDF Format Download. Bar and grill business plan template is specially designed with an example to make sure that you can create your own plan easily in the fastest with blocks for all the necessary details included.
Dec 06, · Opening a bar and grill, Welcome Ryan As NoBull said, SCORE is a GREAT source of information and is FREE. You can visit SCORE in person or online.
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