Académique Documents
Professionnel Documents
Culture Documents
(Sarawak Campus)
G-Dawgs
Author: Convenor:
Group 2-1 Chai Pui Ching
Abstract
G-Dawgs is a privately possessed fast food outlet that will be situated as a universal
establishment through our imaginative way to deal with the organizations image and low
pricing. G-Dawgs is the response to an expanding interest for nibble sort fast food, to be
devoured while window shopping and strolling around inside a shopping center.
In todays profoundly aggressive environment, it is turning out to be progressively
hard to separate one fast food outlet from another. Singapore, a city state, is presently
turning into the model city for Asias new financial boom. With more than 11 million
guests yearly, essentially from neighboring nations (Malaysia, Indonesia, Thailand and
the Philippines), Singapores retail segment is the most grounded in the locale.
Our fundamental need is to position one outlet outside a swarmed shopping center,
ideally in one of conspicuous shopping centers in Singapore. Later, our exertion will be a
further advancement of all the more retail outlets in the encompassing region.
This arrangement is set up to acquire an area for the underlying dispatch of this idea.
Extra financing should be secured for the two consequent outlets, foreseen in month 13
and right on time in year three. The financing, notwithstanding the capital commitments
from shareholders, will permit G-Dawgs to effectively open and grow through year two.
The underlying capital venture will permit G-Dawgs to give its clients a worth driven,
amusing background through the innovativeness of its organizers.
G-Dawgs will allure adolescents to carry their loved ones with our inventive surround-
ings, delicious hot dogs as well as crisp cut chips, and determination of exceptional mark
plunging sauces.
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Contents
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8 Marketing Strategy 18
8.1 Four Ps of marketing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
8.1.1 Product . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
8.1.2 Price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
8.1.3 Place . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
8.1.4 Promotion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
8.1.4.1 Have business cards and flyers made up . . . . . . . . . . . . . 20
8.1.4.2 Focus on proper signage . . . . . . . . . . . . . . . . . . . . . . 20
8.1.4.3 Actively get involve in your local community . . . . . . . . . . . 20
8.1.4.4 Keep a camera in your truck so you dont miss a photograph
operation if a superstar just happens to stops by . . . . . . . . 21
8.1.4.5 Provide client administration training to any representatives we
have . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
9 Competitive Analysis 21
9.1 Entry strategy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
9.2 SWOT Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
9.3 Porters Five Forces . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
9.3.1 Threat of Substitutes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
9.3.2 Threat of new entrants . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
9.3.3 Industry Rivalry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
9.3.4 Bargaining power of suppliers . . . . . . . . . . . . . . . . . . . . . . . . 21
9.3.5 Bargaining power of buyers . . . . . . . . . . . . . . . . . . . . . . . . . 21
10 Operating plan 21
10.1 Background . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
10.2 Staffing and Location . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
10.3 The Production Process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
11 Financial Information 22
11.1 Project cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
11.2 Fixed cost and Variable cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
11.3 Establishment Costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
11.4 Running Costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
11.5 Sales forecast . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
11.6 Unit sales forecast . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
11.7 Break even analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
11.8 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
11.9 Income statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
11.10Balance sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
11.11Cash flow statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
11.12Net Present Value (NPV) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
11.13Internal Rate of Return (IRR) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
11.14Payback Period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
11.15Project Viability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
12 Conclusion 22
13 References 22
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14 Appendices 22
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Quality food
We will offer only naturally singed Belgian chips, hot dogs, condiments and soda all presented
with antiquated home-style care.
Open everyday
Our store is open ordinary from 10 am to 9 pm.
Quality food
We will offer only naturally singed Belgian chips, hot dogs, condiments and soda all presented
with antiquated home-style care.
Open everyday
Our store is open ordinary from 10 am to 9 pm.
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2.3 Location
The location of our G-Dawgs will be in Singapore. Location is the absolute most essential
part in our business. Regardless of how great our hot dogs are if there isnt a group of people
for it, there is no point. This is the reason we prescribed buying a versatile truck so we can
move effectively in the event that it doesnt work out. Remember that we can put our truck
on public property or private property. Public property would be area thats claimed by the
municipality, district or state in which we put our truck. For instance, on the off chance that
we place it in a recreation center or on the grounds of a school, or on a walkway in a city, thats
public property. Private property, then again, is possessed by a person or an organization. It
may not strike you that you may need your truck on private property, yet when you consider
the conceivable areas, private ones are incredible choices. For instance, a strip shopping center
or stadium is a case of private property. To begin with, lets examine public property. The
advantages to this are you dont need to pay additional to place our truck and the grants you
connected for ought to give you a chance to put the truck anyplace inside the locale of the
region. To locate a decent open area, we ought to drive around searching for spots where there
are many individuals by walking with adequate space to put a not too bad estimated truck and
an unmistakable view so individuals can see your truck from the separation (HowExpert-Press
2012).
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Clearly, the better the area is the more chance there is that there will be rivalry. On a road
corner in New York City, for instance, you may see three wiener stands in succession. While
there may be sufficient hungry individuals there to bolster every one of this business, it can
disappoint to locate the ideal spot and have imitators show up, and it can likewise be baffling
to set up where there are as of now stands and have the proprietors bother you. Hence, the
principle favorable position to private areas is that you can here and there work out a restrictive
course of action to be the main truck there. The drawback to this is private proprietors quite
often approach you for rent(HowExpert-Press 2012).
3.2 Mission
Our principle objective is to be a standout amongst the best fast food outlets in Singapore, be-
ginning with one mobile retail outlet situated near a noteworthy shopping center as a business
sector analyzer.
G-Dawgs will endeavor to be a chief nearby fast food brand in the neighborhood commercial
center. We need our clients to have the aggregate experience when going by our outlet(s) and
site as they will find out about this captivating new popular society.
Our main focus will be serving top notch sustenance at an awesome value.
1. Make a special, imaginative, diverting menu that will separate us from whatever is left of
the opposition.
2. Control costs at all times, in all zones and execute a traditionalist way to deal with
development approach. Despite the fact that, we give all that could possibly be needed
asset to open more than one outlet, we need to be erring on the side of caution of the
business.
3. Sell the products that are of the highest quality, as well as keeping the customers happy
with all of our product categories.
4. Give 100% fulfillment to our clients and keeping up the level of astounding administrations
among different contenders.
5. Energize the two most essential qualities in fast food business: brand and image, as these
two fixings are two or three principle drivers in advertising correspondences.
6. Access high-activity shopping centers, offices and colleges close to the objective business
sector.
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4.1 Pre-Registration
4.1.1 Key facts about company formation
1. Company Name: The name must be affirmed before incorporation of the Singapore or-
ganization can happen
2. Directors: At least one occupant executive (an inhabitant is characterized as a Singapore
Citizen, a Singaporean Permanent Resident, or a man who has been issued an Entrepass,
Employment Pass, or Dependent Pass) is compulsory. There is no restriction on the quan-
tity of extra neighborhood or remote chiefs a Singapore Company can select. Directors
must be no less than 18 years old and must not be bankrupt or indicted for any misbe-
havior previously. There is no necessity for the executives to likewise be shareholders, i.e.
non-shareholders can be named directors.
3. Shareholders: Singapore private limited company can have at least 1 and most extreme
of 50 shareholders. An executive and shareholder can be the same or an alternate individ-
ual. The shareholder can be an individual or another legitimate substance, for example,
another organization or trust. 100% neighborhood or remote shareholding is permitted.
New shares can be issued or existing shares can be exchanged to someone else at whatever
time after the Singapore organization has experienced the consolidation procedure.
4. Company Secretary: According to Section 171 of the Singapore Companies Act, each or-
ganization must choose a qualified organization secretary inside 6 months of its joining. It
must be noticed that in the event of a sole chief/shareholder, the same individual cant go
about as the organization secretary. The organization secretary must be a characteristic
individual who is customarily inhabitant in Singapore.
5. Paid-up Capital: Least paid-up capital for enlistment of a Singapore organization is S$1.
Paid-up capital (otherwise called share capital) can be expanded at whatever time after
the joining of the organization. There is no understanding of Authorized Capital for
Singapore organizations.
6. Registered Address: Keeping in mind the end goal to enroll a Singapore organization, you
should give a nearby Singapore address as the enlisted location of the organization. The
enlisted address must be a physical location (can be either a private or business address)
and cant be a P.O. Box.
7. Taxation: Singapore enrolled organizations appreciate extremely alluring duty exclusions
and motivating forces. Your organization pays under 9% for the main S$300,000 yearly
benefits and 17% level after that. There are no capital increases or profit charges on
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1. Company Name
2. Brief Description of Business Activities
3. Shareholders Particulars
4. Directors Particulars
5. Registered Address
6. Company Secretary Particulars
7. Constitution
The consolidation administration firm you connect with will commonly gather the accom-
panying reports from you keeping in mind the end goal to set up the important organization
incorporation printed material:
1. For non-occupants: Copy of international ID, abroad private location evidence, and other
Know-Your-Client (KYC) data, for example, a bank reference letter, individual and busi-
ness profile, and so forth.
2. For Singapore occupants: Copy of Singapore identity card
3. In the event that the shareholder is a corporate substance: Copy of enlistment reports,
for example, Certificate of Incorporation and Constitution.
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An affirmed name will be held for 60 days from the date of utilization. You can broaden
the name for an additional 60 days by recording an augmentation request for just before the
expiry date.
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The above two delicate reports (i.e. email warning of incorporation and organization busi-
ness profile) are adequate in Singapore for all lawful and legally binding purposes including
opening of corporate financial balances, marking office lease, subscribing to phone/web admin-
istrations, and so forth.
A portion of alternate things you will in all likelihood endless supply of your Singapore
organization include:
1. On the off chance that you cant visit Singapore, you ought to pick a bank that permits
opening of the corporate ledger without your visit to Singapore.
2. On the off chance that you can visit Singapore, you have a more extensive decision of
banks to browse. For this situation, you can investigate the components and offices gave
by various banks and settle on the bank that best suits your necessities.
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Food shop License on the grounds that the powers will investigate the premises before conceding
an endorsement for the permit.
The application for the Food Shop License must be joined by the accompanying supporting
records:
Application for the Food Shop License for your Singapore eatery is made online and the
preparing time is roughly 1-2 weeks. There will be a pre-authorizing assessment of the premises
where you plan to open your eatery and relying upon the result of the investigation, the
handling time might be influenced. In the event that the application and supporting reports
are all together, an on a basic level endorsement and a rundown of cleanliness prerequisites for
consistence will be given to the candidate.
You may begin the set up or remodel of the premises for your Singapore eatery as indicated
by the format arrangement submitted in your Food Shop License application. When set up
or remodel of the premises is finished, you should educate the NEA to mastermind a site
assessment to confirm the consistence of all the cleanliness prerequisites. Endless supply of the
cleanliness necessities, the permit will be issued. The permit must be reestablished each year.
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The expense for Halal affirmation for eateries changes from S$480 to S$ 640 relying upon
the floor range. Since August 2006, every new application for Halal affirmation are to be made
on the web.
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1. Individuals have 52 weekends and three long holidays a year. The vast majority of
Singaporeans like to window shop, and when they do walking around the shopping area,
they require a speedy chomp to oblige their exercises.
2. salaried laborers in workplaces have quit bring lunch, and appreciate chicken, ground
sirloin sandwich, pizza or other fast food joints in the region.
3. Parents give more cash to children and understudies to purchase lunch. Fast food is
actually their first decision, as a result of the brand building exertion that vigorously
focuses on their age bunch.
4. Eating out still stays as Singaporeans basic propensity forever. They dont see fast food
is an extravagance, and they appreciate it by bringing their family, particularly in the
event that they have littler children, in nature of the western-style fast food outlets.
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Our optional business sector portion is the Working Singaporeans. With such a variety
of shopping centers in the region, Orchard Road is the sanctuary for customers and occupation
seekers alike. In the new Paragon Shopping Center, there are more than 8,000 laborers as of
now filling in as deals people and boutique staff. There are more than 10 noteworthy shopping
centers crosswise over Orchard Street, including Ngee Ann City, the greatest shopping center
in the country, utilizing more than 50,000 laborers (Johoora 2012).
In conclusion, Orchard Road is likewise the goal for visitors staying in the range. The
Meritus Mandarin, Crown Prince Hotel, the Hilton, and Popular Hotel are a couple of the
greatest facilities in Singapore. Vacationers will walk Orchard Road, chasing for the most
recent pattern in style and have no opportunity to stop for a full supper amid shopping. G-
Dawgs is the option for a snappy chomp while shopping the extravagant boutiques in the range
(Johoora 2012).
As indicated by a GAIN Report distributed in 2000, potatoes are the second biggest item
of US fares to Singapore after fresh fruit, esteeming practically USD $13 million for each
annum. This is brought on by the inexorably more youthful demographic and rising earnings
all through Singapore that have prompted way of life changes that are impacting purchaser
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buys, nourishment, and entertainment decisions. A few changes occurring incorporate a bigger
expert class with all the more working ladies, which implies more noteworthy dispensable wages
(Johoora 2012).
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55% in 1998 (Johoora 2012). The development in spending in the sustenance administration
part emerges from various elements:
1. Expanded riches amongst Singaporeans, particularly those less than 40 years old years.
2. Increases in the quantity of ostracize occupants, which has dramatically increased follow-
ing 1988.
3. Increased accommodation looking for amongst more youthful Singaporeans who live in a
rushed city today contrasted with the much slower pace of life that existed 20 years back.
When they need helpful cooked sustenance, Singaporeans have since quite a while ago swung
to the nearby vendor stalls, instead of arranged prepared to-cook or prepared to-eat handled
accommodation nourishments. As the numbers and assortment of nourishment administration
outlets has expanded in Singapore, local people have received the advantageous results of other
sustenance administration outlets, particularly the fast food outlets, as option wellsprings of
helpful cooked sustenance. More youthful center and upper wage bunch families and people
are likewise visit clients of the full administration eateries, cutting edge style coffee shops and
cafes that now exist the whole way across Singapore (Johoora 2012).
In the course of recent years, there has been a general updating in the sustenance admin-
istration area which has seen the foundation of more aerated and cooled nourishment focuses
(nourishment courts) that are extensively cleaner than the customary peddler markets. In the
meantime, expanded venture from remote and neighborhood organizations in the segment has
likewise delivered an expansion in the quantities of:
8 Marketing Strategy
Our methodology depends on serving our business sectors well. We will begin our first outlet as
a business sector analyzer that could turn into a model of the growing number of outlets later
on. Focus will be on keeping up quality and building up a solid personality in the neighborhood
market.
A mix of neighborhood media and nearby store showcasing projects will be used at every
area. Nearby store showcasing is best, trailed by print promotion. When a grouping of stores
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is set up in a business sector, then more extensive media will be investigated. We accept, in
any case, that the best type of publicizing is still buzz. By giving a fun and enthusiastic
environment, with great quality at a satisfactory cost in a spotless and neighborly outlet, we
will be all the rage. In this manner, the execution of our idea is the most basic component of
our arrangement. We will effectively fabricate our image, through the offering of supporting
materials, for example, stock, limited time things and other promoting contrivances like those
of other fast food establishments.
8.1.1 Product
G-Dawgs gives primarily sustenance and refreshment items. This component of the promoting
blend covers the different hierarchical yields that an organization gives to its objective clients.
G-Dawgs item blend has the accompanying principle product offerings:
1. Hot dogs
2. Chips
3. Soda
4. Condiments
G-Dawgs is principally known for its hot dogs. Be that as it may, the organization will grow
its item blend through time such as fish and chips, chicken and chips, treats and so on. This
component of G-Dawgs showcasing blend demonstrates that the firm advances new items to
draw in more clients.
8.1.2 Price
G-Dawgs evaluating system includes value packaging consolidated with mental estimating.
In value packaging, the organization offers hot dogs and chips for a markdown. In mental
evaluating, G-Dawgs uses costs that seem, by all accounts, to be essentially more reasonable,
for example, S$ .99 as opposed to adjusting it off to the closest Singaporean dollar. This
component of G-Dawgs promoting blend highlights the significance of value packaging to urge
clients to purchase more items.
Introductory imprint up of the item in view of projections by the money division established
that at 104% the generation cost, the organization will have the capacity to make back its start-
up expense inside a year and consequently by then item can be produced with close to zero
additional risk expenses.
Notwithstanding, to showcase the item at such a high cost may demonstrate shocking. To
accomplish our fleeting objectives of being a respectable hot dog stand, our auxiliary choice
would be to outsource our supply needs abroad to keep crude material costs low. Doing as
such we ought to be capable undermined our rivals. To encourage keep up our grip available
and accomplish the second period of the organizations promoting destinations, G-Dawgs will
build up a participation program. Faithful individuals get hot dogs and chips at marked down
costs. However the key methodology behind the enrollment program, just as from the outside
it might appear to be only to give away hot dogs and chips at an even lower cost to keep clients
upbeat, is in fact to keep up contact with returning clients and be to accumulate data on
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current business sector inclinations and patterns. This is making a broad system of returning
clients unintentionally bringing potential clients G-Dawgs way.
8.1.3 Place
G-Dawgs eateries are the most unmistakable spots where the organizations items are dissem-
inated. This component of the advertising blend demonstrates the venues or areas where the
companys items are advertised. G-Dawgs principle places for conveying its items are as per
the following:
1. Kiosks
2. G-Dawgs mobile app and website
G-Dawgs eateries are the place the organization creates the majority of its business in-
comes. Some of these eateries likewise oversee booths to offer the restricted choice of items for
now. Furthermore, clients can submit their requests through the Postmates site and versatile
application. This component of the promoting blend backings G-Dawgs escalated development
systems, particularly advertise infiltration.
8.1.4 Promotion
Here are the diverse showcasing thoughts to publicize and promote our business. Some of these
may have a few costs included. Other would be absolutely complimentary.
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8.1.4.4 Keep a camera in your truck so you dont miss a photograph operation if
a superstar just happens to stops by
These photographs could be utilized for any sites, informal communities, writes that you use
to advance yourself. This could likewise be incorporate into your press unit and submitted to
the neighborhood media.
9 Competitive Analysis
9.1 Entry strategy
9.2 SWOT Analysis
9.3 Porters Five Forces
9.3.1 Threat of Substitutes
9.3.2 Threat of new entrants
9.3.3 Industry Rivalry
9.3.4 Bargaining power of suppliers
9.3.5 Bargaining power of buyers
10 Operating plan
10.1 Background
The organization G-Dawgs is a hot dogs and chips producing organization with the target
of turning into the greatest gourmet hot dog producer in Singapore. Hot dogs and chips
is a standout amongst the most loved nourishments on the planet with no age imperative.
Furthermore, since Malaysia is nation with hot climate consistently, Hot dogs, chips and cold
soda has an enormous business sector.
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11 Financial Information
11.1 Project cost
11.2 Fixed cost and Variable cost
11.3 Establishment Costs
11.4 Running Costs
11.5 Sales forecast
11.6 Unit sales forecast
11.7 Break even analysis
11.8 Depreciation
11.9 Income statement
11.10 Balance sheet
11.11 Cash flow statement
11.12 Net Present Value (NPV)
11.13 Internal Rate of Return (IRR)
11.14 Payback Period
11.15 Project Viability
12 Conclusion
13 References
14 Appendices
References
HowExpert-Press (2012). How To Start a Hot Dog Cart Business. url: http://www.ebookborn.
com/sample/PDF- HowToStartaHotDogCartBusinessv1.0- HowExpertPress.pdf (visited
on 09/09/2016).
Johoora, Fatema Tuz (2012). Fast Food Restaurant Business Plan. url: https://www.scribd.
com/doc/54743804/Fast-Food-Restaurant-Business-Plan (visited on 09/09/2016).
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