Myers Briggs Type Indicator Of Personality - 2295 Words

Myers Briggs Type Indicator Personality is a challenging trait to measure and many personality tests do not stand the test of time once they are applied and researched. Why then, do we find it important to measure personality? Isabel Briggs Myers once said â€Å"It is up to each person to recognize his or her true preferences.† I find this statement to be true in theory and in practice. In today’s social media, one of the most common online quizzes or assessments I come across, is personality test. There appears to be countless ways to find out one’s personality type, but many have not been proven true or accurate. The Myers-Briggs Type Indicator, also known as the MBTI and it is a well-known and established, personality inventory. It is a way to do, as Isabel Briggs-Myers said, to find and know your own preferences. The MBTI is based on Carl Jung theories of personality types and commonly used today. It was developed by the mother-daughter team of Katharine Briggs and Isabel Briggs Myers in order to assess personality types. The MBTI was published in 1975 by the Consulting Psychologists Press, Inc. (The Myers Briggs Foundation - Isabel Briggs Myers 2014). Test Description The MBIT was meant to coincide with Jung’s four dichotomies which Katharine Briggs and Isabel Myers followed. After a great deal of research, they came up with a â€Å"self-report instrument with questions on four separate dichotomies† (Myers, Creation of the MBTI ® Types, 2011). Much like Jung, their questionsShow MoreRelatedThe Myers Briggs Personality Type Indicator1700 Words   |  7 Pagesand insightful exercise we have done throughout this course has been the Myers Briggs Personality Type Indicator (MBTI). MBTI has helped me better understand who I am as a person and what strengths and weaknesses I have based on my results. It is crucial for success in college and beyond that I match my major and career to who I am as person. The results for the exercise gave me an ENTJ personality. The ENTJ personality type encompasses a person, who is outgoing, a visionary, argumentative, has aRead MoreMyers Briggs Type Indicator Is A Personality Inventory1352 Words   |   6 PagesMyers-Briggs Type Indicator in Business Introduction I chose the Myers-Briggs Type Indicator topic for my paper because I find it interesting. I have taken the actual Myers-Briggs Test through the career-counseling center on campus, and it gave me a bit of direction in my life. However, I thought it would be more useful to discover the background on it and see how it functions within business. I think using an inventory can tell people a great deal about themselves. Similar to the collectionRead MoreThe Myers Briggs Type Indicator ( Mbti ) Are Both Personality Assessments Essay1096 Words   |  5 PagesThe Birkman Method and The Myers-Briggs Type Indicator (MBTI) are both personality assessments. The Birkman Method is based on the theories of Dr. Roger W. Birkman and the work of Dr. Roy B. Mefferd, Jr. and Dr. Timothy G. Sadler. The MBTI is based on the theories of Dr. Carl Gustav Jung and the work of Katharine Cook Briggs and Isabel Briggs Myers. Both are non-clinical assessments. The working manuals for both assessments have rec ognized and documented, content, construct, criterion-related validitiesRead MoreThe Myers-Briggs Type Indicator is probably the most accepted personality assessment used today.800 Words   |  4 PagesThe Myers-Briggs Type Indicator is probably the most accepted personality assessment used today. It is used by many leading companies including Apple and General Electric. (Carr 2000, pg 29) This test was first developed by the mother/daughter team of Katherine Briggs and Isabel Myers-Briggs whom expanded on Jung’s philosophy. They added a fourth category, which describes how people relate to their environment. This third pair is judgment (J) and perception (P). Judgers are people who evaluateRead MoreMyers Brigg Type Indicator, And The Four Dimensions Of Personality Types1539 Words   |  7 PagesMyers-Brigg Type Indicator The Myers-Brigg Assessment, and the four dimensions of personality types based on the findings of Carl Jung, Isabel Myers and Katharine Briggs, indicates Katie as an ISFJ (intuitive, sensing, feeling, and judging). People falling into this category are often known as nurturers. Additionally, individuals of this personality type tend to be practical, and sensitive towards other’s feelings. These traits make the ISFJ personality ideal for careers such as counselingRead MorePersonality Testing : The Big Five Model And Myers Briggs Type Indicator1767 Words   |  8 Pages Personality is defined as consistent behaviour patterns and intrapersonal processes that come from an individual themselves (Burger 2014).In other words, who we are as a person. Personality factors can be attractive to particular parts of the employment industry for example; being neat and tidy or loud and creative could be an attractive factor to the employer. There is an ongoing debate throughou t society on whether Personality tests are a good indicator of employment strategies and whether theyRead MoreGender Correlation Of The Myers Briggs Type Indicator1531 Words   |  7 PagesRegards to the Myers-Briggs Type Indicator Mary E. Pyper Aquinas College Abstract One hundred seventy-eight anonymous participants (120 females, 48 males, and 10 non-specified genders) between the ages of 18 and 26 participated in a fifteen question survey regarding how portions of the Myers Briggs Type Indicator (MBTI) relate to age and gender. The participants were selected by convenience sampling. Using questions designed to determine two aspects of each subject’s personality type—whether theyRead More Different Learning Styles: Exploring the Myers-Briggs Type Indicator1600 Words   |  7 PagesExploring the Myers-Briggs Type Indicator Thesis: Students on a secondary level of education will learn more effectively if their MBTI have been assessed and accommodated to. All students process information differently. These differences can be explained using the Myers-Briggs type indicator. Students on a secondary level of education will learn more effectively if their MBTI have been assessed and accommodated to. The Myers-Briggs type indicator (MBTI) is a type of personality test toRead MorePersonality Type Assessment1336 Words   |  6 PagesPersonality Type Assessment (Week-2 Individual Assignment) CMGT/530 - IT Organizational Behavior July 1, 2012 Personality Type Assessment The first section of this paper details the elements that a personality type assessment typically measures. The second section contains discussion on the personality type assessment of the author of this paper. In the third and last section, the author shares how his personal assessment outcomes could affect his workRead MoreMyers Briggs Type Indicator ( Mbti )1335 Words   |  6 PagesMyers-Briggs Type Indicator The Myers-Briggs Type Indicator (MBTI) is used to identify an individual’s psychological characteristics the personality. This assessment coincides with Carl G. Jung’s theory that objectives and drives of a person ascribes to the individuals course in life (Schustack, 2012). Isabel Briggs Myers and Katharine Briggs developed the Myers-Briggs Type Indicator by concentrating on the principles of Jung’s theory. According to the Myers Briggs Foundation, Jung’s theory is

Free Business Plan Restaurant Free Essays

string(52) " local catering company can provide these services\." 1. EXECUTIVE SUMMARY The following document is a plan of my intended business: Enilson’s Cafe, a coffee shop situated in Ealing Broadway. The intended premise is a 65 square foot commercial property situated on the high street. We will write a custom essay sample on Free Business Plan: Restaurant or any similar topic only for you Order Now The premise would be designed in a coffee shop format, with a counter serving various items, and a large section where customers could come in during opening hours and feel comfortable. The major products sold would be coffee, tea, cappuccino, a variety of cakes, snacks and sandwiches, and food sold during lunch hours 12pm – 4pm. Product ingredients would be sourced from wholesale suppliers such as Makro, equipments that are required would be sourced from Comet and Cafe suppliers, while food ingredients would be sourced from food suppliers and outsourced Chefs. Ealing, the location within which this coffee shop is intended is a culturally and religiously diverse neighbourhood, with a majority (55%) being of ethnic minorities. Therefore the major target market would be the general population of commuters, workers and people living within the neighbourhood, who would like widely desirable, yet religiously conscious meals. The coffee market is growing, and everyone eats good food, thereby signifying a need for our services. However, our main competitors such as Starbucks and local cafes operate in close vicinity. The pricing strategy utilised for this venture would be that of value based pricing. Competition, cost-plus and market oriented pricing would be adopted for the different products we have on offer. Several promotion strategies would also be adopted to promote the business. The business would be registered as a Sole Trader, with the owner, being the manager. Supervisors and Shop Assistants would also be hired. The start-up cost required for the business is ?79,869, and in the first year, the cafe expects to make annual sales of ?204,480, gross profit of ?123,739 and net profit of ?13,099. Breakeven period is in the 9th month of the first year. The Cafe’s mission is to join the Ealing community, provide appropriate products that suite their tastes and deliver exceptional service. It is our objective to use this initial store as a stepping-stone towards higher sales and more store openings in neighbouring areas and throughout London. We intend to become a multinational organisation just like Starbucks in 5 – 10 years, and we hope that you can join us in that dream. 2.COMPANY SUMMARY This following document is a business plan report for a coffee shop start-up called Enilson’s Cafe. It would be located on the corner of The Broadway, West Ealing, London. The business premises would be leased from the current owners, and a total of 130 square feet would be secured up front, however, with the permission of the Landlord, only half of that space (65 square feet) would be utilised in the first year, pending business growth. The business premises is currently being refurbished by the previous owners, however once done, it would be situated in a strategic location within the neighbourhood, with easy access to public transportation and a short distance from the train station. The premises would be designed to suite the coffee shop format, a counter would be situated adjacent to the main entrance, wherein customers can easily place their orders, whilst chairs and tables arranged in various seating formats, would be situated over the rest of the shop. The facilities that would be present within the store for it to run smoothly are expressed in Table 3, which also contains a breakdown of the price and the total start-up costs. No licenses whatsoever would be required from the local committee, as the cafe would not be selling alcohol or opening beyond 11pm at night. However, information pack and booklets would be sought form the Healthy and Safety Standards agency within Ealing. The business is required by law to register premises used for food businesses, and strictly follows food safety regulations (Ealing, 2010). A licensed premises insurance cover would be taken out from Anglo Pacific Consultants (London) Ltd, which offers â€Å"package policy for public houses, wine bars, restaurants and cafe’s,† the insurance package covers all business risks including terrorism cover, personal accidents, and theft (Yesquote, 2010). The business would be registered as a Sole Trader business, with me, Enilson Helder, being the sole owner of the business. All income from the business would be recorded as personal income, and I would be liable for any debts incurred. All profits would be taxed as income. 3.PRODUCTS AND SERVICES Enilson’s Cafe would adopt a Coffee Shop format, in which the major product being sold would be a variety of coffee types, while additional products would also be sold. Coffee, Tea, Coffee Latte, Tea Latte, Cappuccino, amongst others would constitute the majority of our offering. Carbonated and no-calorie soft drinks would also be sold. A variety of cake, muffins, sandwiches, crisps, and chocolates amongst others would be sold within the cafe. During lunch periods, particularly between 12pm – 4pm, food menus would exists, cooked particularly by an outsourced chef, who would sell Rice, Chips, Chicken, Mashed Potato, Gravy amongst other lunch time meals. Suppliers: The refrigerator, coffee machines, microwave, dishwasher, and all other smaller but vital electronic equipments would be sourced from Comet (www.comet.co.uk), where a business membership account would be created. All other catering equipments such as plates, spoons, trays, would be sourced from Makro (www.makro.co.uk), that sell a variety of wholesale food items for small businesses. Food ingredients such as coffee beans, flour and sugar for in house baking or feed preparation would also be sourced from the superstore, as they offer a reasonable discount for small and medium business owners. Sandwiches would be sourced from Gourmet Sandwich Co (www.gourmetsandwich.co.uk); they provide wholesale sandwiches on a day-to-day basis for small businesses, while the cakes would be sourced from similar external suppliers. The lunch menu would be sourced by hiring an external chefs who cook on their premises and bring in the food during lunch hour, companies such as Sundrica (www.sundrica.rtrk.co.uk), a local catering company can provide these services. You read "Free Business Plan: Restaurant" in category "Essay examples" The services provided would be a hospitality service, wherein customers can come in, have a drink, eat lunch or a snack, and just relax. Sofas, in addition to wooden chairs, would be provided for customers that would like to have a seat with friends, and forget their time within the store. The music would be of several genres, but would mostly alternate between popular Pop/Alternative and Hip Hop music. Staff would be friendly and helpful. There are a number of direct competitors within close vicinity to the intended location. Subway is directly opposite and a Roosters Chicken is close by (Google Maps, 2010), both of which could prove a threat for lunchtime meals. However, unlike these competitors, Enilson’s Cafe provides seating space and lunchtime food. They also sell Coffee and Tea, in addition to soft drinks. 4.MARKET ANALYSIS The Ealing borough is currently home to over 300,000 individuals, with 12,800 residing in close vicinity of the store. The population of individuals aged 20 – 44, are higher than the UK average. The region has one of the highest levels of international migration within London, and is the 4th most ethnically diverse, and 6th most religiously diverse borough within the UK, which in itself is a major attractant. 55% of all Ealing borough residents are from ethical minorities, 41% of which were not white (Ealing, 2010). Therefore the different market segments that exist are based mainly on ethnicity, which is a major dividing factor within the population. The major target market segment is for the general population of commuters working or living around the store. The location is currently on a road in which several buses pass, and houses are located. People living and working within this region, no matter their ethnicity or nationality would be sought as potential customers. We intend to sell a wide vary of ethnically acceptable food for all residents. Meat and Chicken would be halal, but sold in a contemporary and modern fashion. Meals such as Chips, Chicken, and Mashed Potato would be suitable for everyone, and the Muslim population would appreciate the religious considerations. According to Mintel (2009), coffee shops are always sought after, and due to the scarcity of one in immediate vicinity to the proposed location, then it could be said that there is a need for one. The food products being sold are fresh, which would appeal to people that want to eat good food. The coffee market has grown consistently over the years, with large stores such as Starbucks, Costa, and Pret A Manger, breaking the ?1billion mark in 2007 (Mintel, 2009). There is room for growth within the UK, as the store density of coffee shops is lesser than that of developed countries such as the US, while the UK still has a low level of coffee consumption compared to other developed countries. Direct competition is low within the Cafe’s close vicinity, however the shopping mall opposite however contains a Starbucks and several other Cafes, which pose a considerable threat. Stores such as Starbucks, Costa, Cafe Nero, Pret A Manger, EAT, and several other established coffee and cafe chains pose a considerable threat, due to their long established status, and the financial resources at their disposal to displace competition. 5.STRATEGY The pricing strategy being adopted by the cafe would be based on the overall strategy of the firm, which is to target low – mid income earners (population demographic), with easily affordable coffee and lunch. Therefore, our products would not be priced too high that it would deter customers; neither would be priced too low that it would be unprofitable. Due to the broad based generic product strategy we are adopting (Johnson et al, 2008), we would be adopting a value based pricing strategy, in which the price of each product being offered would be based on how much we believe the customers within this region are willing to pay. Enilson’s Cafe intends to adopt the following pricing tactics for all/some of our product ranges. Competition based pricing would be adopted for the price of Coffee and Tea products. They would be based mostly on the price being offered by competitors in the market. Though ours would be priced slightly cheaper, it would still be brewed and prepared to high quality, with a good taste. Cost-Plus pricing would be adopted for those products such as Sandwich and Cakes that we have sourced from external vendors. If they have been bought at a wholesale price of ?1.50 each, then they may be priced at ?1.95 or ?2, depending on what competitors in the immediate vicinity charge. Lastly, market oriented pricing would be utilised for the food products sold during lunch break. We expect to attract a large number of low earners, and pricing our products appropriately would assist our strategy (Monroe, 2003). Sales Forecast The following is a weekly sales forecast for Enilson’s Cafe. A minimum of 200 coffees, tea, cappuccinos and soft drinks would be sold each weekday for an average price of ?1.50, less on weekends. 100 cakes, sandwiches and crisps would be sold daily for an average price of ?1.50, more on weekends. Table 1: Cafe Sales Forecast MonTueWedThurFriSatSunWeekly Drinks?300?300?300?300?300?200?200?1,900 Snacks?150?150?150?150?150?180?180?1,110 Food?150?150?150?150?150?250?250?1,250 Total ?4,260 Promotional Mix The major forms of advertising for Enilson’s Cafe would be in the form of in store displays, brochures and catalogues available to new comers to the store, and external banners. Full-page adverts would also be placed in the Yellow Pages, online and offline, while print ads in newspapers particularly indigenous to Ealing would be utilised. Personal selling would be utilised on all customers, especially new ones, in order to make them repeat customers. All staff would be taught how to provide the sort of service required for customers to come back frequently. Sales promotions would be conducted within the first month of opening the store. Free coffees and snacks could be offered to customers as a form of tie in to ensure their continued patronage. The major form of public relations to be conducted would be in local newspapers, an article that discusses our products, services and how we intend to please the local populace. The business would be launched during a public holiday. Most probably a bank holiday weekend or Muslim holiday when most residents would be out shopping or celebrating. 6.MANAGEMENT STRUCTURE As the business is being operated as a sole trade, it would be composed mainly of Enilson, as the store manager and owner. Other members of the management team would include a Cafe supervisor/Assistant Manager, who would supervise procurement of supplies and running of the store. The Staff Supervisor would supervise the rota and ensure that all staff are being friendly and offering the level of service expected. Store assistants would also be present and would be the company’s main point of contact with customers. They would receive orders and attend to each customer’s needs. Table 2: Sample Rota and Payroll 9am – 6pm 9am – 6pm 9am – 6pm 9am – 6pm 9am – 8pm 10am – 8pm 10am – 6pm Store Hours 9 9 9 9 11 10 8 65 Wage Mon Tue Wed Thurs Fri Sat Sun Weekly Wage Manager ?10 7 7 7 7 7 5 0 40 ?400 Asst Mngr ?8.50 0 7 8 9 0 8 8 40 ?340 Staff Supervisor ?7.50 8 8 0 0 8 8 8 40 ?300 Sales Assistant 1 ?6.50 5 5 0 0 5 5 0 20 ?130 Sales Assistant 2 ?6.50 0 0 5 5 0 5 5 20 ?130 Sales Assistant 3 ?6.50 8 8 8 8 0 8 0 40 ?260 Sales Assistant 4 ?6.50 5 5 0 0 5 5 0 20 ?130 Sales Assistant 5 ?6.50 0 0 5 5 0 5 5 20 ?130 Total Hours 240 ?1,820 7.FINANCE The start-up cost for Enilson’s cafe would be based on the price of the following facilities. The total startup cost for the venture would therefore be ?79,869, as illustrated in Table 3. Table 3: Start Up Cost. Source: Startups, 2010; Buycatering.com) FacilitiesForecast Price Facility Rent?30,000 Industrial Refrigerators?1,295 Dishwasher?1,275 Six Burner Range?1,899 Heated and Refrigerated Merchandisers?3,475 Microwave?300 Coffee/Cappuccino Machine?2,175 Domestic Food Appliances?3,450 Kitchen?9,500 Restroom?2,500 Furniture?9,000 Cafe Outfitting?15,000 Total?79,869 Table 4: Projected Profit and Loss 1 Year Revenue ?204,480 Cost of Sales ?80,741 Coffee ?18,240 Snacks ?32,501 Food ?30,000 Gross Profit ?123,739 Expenses Staff Salary -?68,640 Rent -?30,000 Maintenance -?6,000 Misc -?6,000 Net Profit ?13,099 The sales forecast depicted in Table 1 has been utilised for the projected profit and loss statement. All weekly forecast has been multiplied by 4 weeks in order to get the average forecast for one month (for the cash flow), then multiplied by 12 months. The cost of sales has been calculated based on projected cost of goods obtained from Startups (2010). The profit margin for coffee used was 80% that for Snacks was 40%, while the profit margin for good was 50%. The net profit for the first year is ?13,099. Table 5 is a representation of the forecast cash flow and breakeven analysis for the first year of business. The information presented above illustrates that Enilson’s cafe would make a profit of ?13,099 in the first year of business. The breakeven would be in the 9th month of the first year. Particularly, money back analysis illustrates that the company may not get its total investment of ?79,869 back within the first year. Most probably in the second year depending on how well the cafe is able to improve sales and profit. Table 5: Cash Flow Forecast (1 Year) Month 0 1 2 3 4 5 6 7 8 9 10 11 12 Revenue ?17,040 ?17,040 ?17,040 ?17,040 ?17,040 ?17,040 ?17,040 ?17,040 ?17,040 ?17,040 ?17,040 ?17,040 Cost of Sales ?6,728 ?6,728 ?6,728 ?6,728 ?6,728 ?6,728 ?6,728 ?6,728 ?6,728 ?6,728 ?6,728 ?6,728 Coffee ?1,520.0 ?1,520 ?1,520 ?1,520 ?1,520 ?1,520 ?1,520 ?1,520 ?1,520 ?1,520 ?1,520 ?1,520 Snacks ?2,708.4 ?2,708 ?2,708 ?2,708 ?2,708 ?2,708 ?2,708 ?2,708 ?2,708 ?2,708 ?2,708 ?2,708 Food ?2,500.0 ?2,500 ?2,500 ?2,500 ?2,500 ?2,500 ?2,500 ?2,500 ?2,500 ?2,500 ?2,500 ?2,500 Gross Profit ?10,311 ?10,311 ?10,311 ?10,311 ?10,311 ?10,311 ?10,311 ?10,311 ?10,311 ?10,311 ?10,311 ?10,311 Start-Up Cost -?49,869 Staff Salary -?5,720 -?5,720 -?5,720 -?5,720 -?5,720 -?5,720 -?5,720 -?5,720 -?5,720 -?5,720 -?5,720 -?5,720 Rent -?30,000 Maintenance -?500 -?500 -?500 -?500 -?500 -?500 -?500 -?500 -?500 -?500 -?500 -?500 Misc -?500 -?500 -?500 -?500 -?500 -?500 -?500 -?500 -?500 -?500 -?500 -?500 Monthly Profit ?3,591 ?3,591 ?3,591 ?3,591 ?3,591 ?3,591 ?3,591 ?3,591 ?3,591 ?3,591 ?3,591 ?3,591 Profit Cumulative -?30,000 -?26,408 -?22,816 -?19,225 -?15,633 -?12,042 -?8,450 -?4,858 -?1,267 ?2,324 ?5,916 ?9,507 ?13,099 Total Cumulative -?79,869 -?76,277 -?72,685 -?69,094 -?65,502 -?61,911 -?58,319 -?54,727 -?51,136 -?47,544 -?43,953 -?40,361 -?36,769 Start-up capital required: ?79,869. Operating capital required till breakeven: First month Expense = ?6,728 Total Capital Requirement = ?86,597, half of which is sought from bank. 8.REFLECTIVE ESSAY During the business plan writing session, we were all meant to work in teams of 2, wherein each team member would contribute equally towards the achievement of the eventual business plan. We were all meant to research a particular business idea, and come up with a plan through which we could secure funding from the bank. However, for unforeseen reasons, I was unable to join a team and had to do mine myself. The first business plan I wrote was on a Barbershop, and resulted in a fail. I was told I failed because I did not write a plan on a company within the hospitality sector. Most of us were meant to write on restaurants and hotels, and I wrote on a barbershop. Now that I think back towards that decision, I believe that I wrote it that way because I was unsure of the true requirements of the essay. I had difficulties coming up with a true hospitality company to start up a business with, thus deciding to go ahead with something I was pretty familiar with, the barbershop. Now that I had failed and had to choose another, I eventually chose a coffee shop cafe, after much deliberation. My decision regarding the coffee shop cafe and its location were of utmost significance to me, because if I truly did have the funds, that is what I would have invested in. The location did not have any immediate coffee shop and I thought that was something that neighbourhood needed. The decision to write a business plan left me initially confused because I had no idea on how to write one. We were provided with notes and guides on how to write it but I was still confused, and judging by the fact that I was meant to write mine myself when most of my classmates did theirs in groups, I felt left out and thought I was not going to make it. However I sought advice, and did all that was required of me, and eventually I have found that it is educating creating such a plan. My newfound skill in research on businesses makes me proud, as this is not something I could easily have boasted about previously. Also, it has taught me how to undertake financial analysis, especially using cash flow forecast in ascertaining how much a business is realistically going to make given its condition, location and potential. Which is satisfying. During future research, I wound endeavour to seek advice prior to commencing any project I am not sure about, that way I would not fail. 9.APPENDICES Appendix requirements such as start-up cost, list of suppliers, sales calculation, duty rotas, staffing and planning applications are already included in the main body of the business plan. a. Market Research Analysis The following market research analysis is based on Mintel’s (2009) report on Coffee Shops in UK. The rapid expansion amongst coffee shops has eroded their USP and significantly increased competition within the industry. Operators within the UK market are generally optimistic about the future growth of the coffee shop format. As a result of the economic recession, an increasing number of customers are resorting to eat indoors or take lunch to work to increase savings. Branding is increasingly becoming a prerequisite and a key factor for success within the industry. Ethical responsibility is increasingly becoming an issue amongst coffee shops that mainly source their produce internationally. There is huge competitive rivalry amongst competitors within the industry, with companies such as Starbucks, Pret A Manger, EAT, and Cafe Nero, leading other coffee brands. Barriers to entry within the industry are very low, anyone can open a coffee shop with little cost. Buyers have a high bargaining power due to the availability of a wide number of coffee shops within every neighbourhood, therefore coffee shops that have a premium price, without high quality products or effective branding may lose out. Within the UK, more than half of all adults visit coffee shops, although on a relatively infrequent basis, while per capital coffee consumption within the UK is much lower than in other countries, thereby giving room for growth. Cost issues such as overhead cost, coffee prices, staff costs and utility prices have all increased substantially in recent years. Growth within the population of 20 – 34 year olds, and that of ABC1 customers, should increase the demand and patronage in coffee shops. Coffee shop industry is relatively fragmented with a variety of shops operating in different geographical markets, citing high competition and potential for consolidation. The lack of differentiation, increased competition, premium perception and failure to engage customers are all seen as weaknesses within the Coffee Shop industry. However, there exists substantial growth potential, economy of scale to be achieved, wide product range to be utilised and brand equity to be built, all of which could substantially increase competitive advantage. b. FLOOR PLANS c. SAMPLE MENU AND DRINKS LIST Drinks Coffee ?1.80 Cappuccino ?2.50 Latte ?2.20 Carbonated Drinks ?1.00 Non Carbonated Drinks ?1.20 Water (75cl) ?0.75 Snacks Cake ?1.95 Muffin ?1.70 Sandwich ?2.50 Crisps ?0.50 Chocolate ?0.50 Food Mashed Potato and Chicken ?4.95 Rice and Chicken ?4.55 Fries and Chicken ?3.99 d. SAMPLE COSTINGS Average cost for products sold Drinks 80% Profit Coffee ?0.36 Cappuccino ?0.50 Latte ?0.44 Carbonated Drinks ?0.50 Non Carbonated Drinks ?0.60 Water (75cl) ?0.38 Snacks 40% Profit Cake ?1.17 Muffin ?1.02 Sandwich ?1.50 Crisps ?0.36 Chocolate ?0.30 Food 50% Profit Mashed Potato and Chicken ?2.48 Rice and Chicken ?2.28 Fries and Chicken ?2.00 Profit figures are obtained from Startups (2010), as described in the main text. e. OPENING TIMES Monday 09.00 – 18.00pm Tuesday 09.00 – 18.00pm Wednesday09.00 – 18.00pm Thursday09.00 – 18.00pm Friday 09.00 – 20.00pm Saturday10.00 – 20.00pm Sunday 10.00 – 18.00.pm BUSINESS LAUNCH POSTER 10. BIBLIOGRAPHY Business Link (2010) Price your product or service, www.businesslink.gov.uk, accessed: 21/05/10 Ealing (2010) Starting a food business; Ealing Demographics, www.ealing.gov.uk, accessed: 21/05/10 Google Maps (2010) Ealing Broadway, www.maps.google.co.uk, accessed: 21/05/10 Johnson, G., Scholes, K., and Whittington, R. (2008) Exploring Corporate Strategy, 8th edition. Prentice Hall Mintel (2009) Coffee Shops – UK – February 2009, www.mintel.com, accessed: 21/05/10 Monroe, K. B (2003) The Pricing Strategy Audit, Cambridge Strategy Publications, p4 Startups (2010) Starting a Coffee Shop, www.startups.co.uk, accessed: 21/05/10 Yesquote (2010) Restaurant Insurance and Cafe Insurance, www.yesquote.co.uk, accessed: 21/05/10 How to cite Free Business Plan: Restaurant, Essay examples

What It Means to Be a Porfessional Soldier free essay sample

The militaries of the world, especially the United States military, have a long and strong tradition of military structure that demands that those of lower ranks refer to their superiors in certain ways. If you do not know how to properly address superior officers, you can find yourself being reprimanded or, even worse, smoked (put through vigorous physical punishment). It can be a difficult habit to form, but once you get into the rhythm, it will come as second nature to you. However there may come a time in your military career where you find yourself in a position of leadership and you will have to give your subordinates a reputable example of what it means to be a professional soldier. Self-less service is the example of dealing with your subordinates putting there welfare ahead of yours to ensure that your unit or even squad run as smoothly as possible; the basic building block of selfless service is the commitment of each team member to go a little further, endure a little longer, and look a little closer to see how he or she can add to the effort. We will write a custom essay sample on What It Means to Be a Porfessional Soldier or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Also important in being a professional soldier is the getting and keeping of ones military bearing. It encompasses his level of professionalism when dealing with others and his approach to military situations. Maintaining self-control and being accountable for actions is the mark of a soldier with good military bearing. Arguing with superiors, ignoring Army standards and permitting rule-breaking are not consistent with military bearing. Military bearing also comes in the discipline of others. A soldier with military bearing does not yell at subordinates; rather, she calmly instructs them and helps them rectify their mistakes. What is paramount in being a professional soldier is someone who knows their job. One of the main ways is knowing the standard; meeting what the Army standard is for completing a task is a definite way to do an exemplary job. What even more shows professionalism is exceeding the standard. Try to figure out how your position relates to the bigger picture. Once you know what is expected of you, be sure to meet all your production objectives and carry out your assignments on time. After you have learned to perform your work effectively, the next step is to perform above what is expected of you in order to progress within your job, whatever it may be. All in all the process of being a professional soldier includes taking the task of being a solider, and the standards that come with it, and living those on a daily basis, whether or not you are in uniform. Professionalism shows that you take your job and your title as solider seriously and want your fellow soldiers to do the same.