Monday, 3 February 2014

Challenge #4 - BNAY

challenge #4 is the first key challenge out of 3 Key challenges. these challenges will be more focused on entrepreneurship and will be focused on developing our business idea.

We were given questions to answer about our business idea and they are as follows.
Now that you have your idea, answer the following questions:
1.What is the name of your business?
2.Describe your business. What products and/or services will you be providing?
3.Why have you chosen this type of business? What skills do you bring to the table?
4. Where will your business be located? Please be specific.
5 Other than yourself, how many employees will you be needing (maximum of 5 for this activity)?
6. Who will be your main competitors? List at least 2.
7. What is your competitive advantage? In other words: why will customers buy from you instead of your competitors?

My Answers:
1. Worldwide Cuisine and Deli.
2. My business will be a Restaurant with a Deli. The deli would be for anybody coming in for something quick to eat and not looking for a big meal. The restaurant is for anybody looking to come in and have a nice meal. The restaurant will have an assortment of dishes from around the world such as Greek Spanakopita, Mexican Quessadillas, Canadian poutines and many other classic dishes.
3. I have always had a very deep interest in becoming a Chef and owning my own restaurant so naturally I thought I would choose this type of business. I currently do not bring any skills to the table but I do plan on becoming a chef in all or most categories. (Sauté, fish, roast, grill, fry, vegetable, pantry, butcher, pastry)
4. This restaurant/Deli will be located in a vacant lot right across from the Wagmatcook gas bar. Katie's lane.
5. 5+ Employees.
6. Wagmatcook Clean Wave, Baddeck Yellow Cello and Whycocomagh Vi's.

7. Customers would choose us over anybody else because we will have such a wide range of Cultural cuisines, and if you are just looking for something quick the Deli will be the place for you. or if you're looking to fill up and have a good meal you could go to the restaurant.                                                                                                                     

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