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Entrepreneurship as a career option
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Harlequin and Brine will be a high-end restaurant with a causal atmosphere and live music. The company will be a partnership between my wife and I: Alan and Amanda Hess. The success of Harlequin and Brine will hinge on having strong managers that inspire the staff. We will need an executive chef with a strong background in charcuterie, butchery, and baking. We will also bar manager that is an expert with craft cocktails, craft beer, and wine. Furthermore, we will need a front-of-the-house manager for the dining room, and a stage manager for the live music. Having over 25 years of experience in the food service industry, 10 years in Military leadership, and being certified as an Executive Chef, a Specialist of Wine, and a Specialist of …show more content…
Spirits, I am more than qualified to fill any of the management roles within the restaurant. However, we intend on filling all of the vital management roles with top notch local talent instead of taking these roles ourselves. This will allow us to focus on growing the business while also being able to step in where ever needed. I intend to operate as a General Manager where I can coordinate with the staff on training the staff, procurement contracts with local vendors, marketing, and menu creation. Amanda will run the front office focusing on human resources, social media presence, accounts payable, and coordinating with our legal and accounting representatives. We will be located in Northern Virginia, operating in the Greater Washington DC area. Our headquarters will at 8000 Hidden Bridge Dr. The Northern Virginia area will allow us to appeal to a large group of consumers within our target market. We hope to appeal to upper-middle class workers who enjoy high-quality goods and services, but prefers causal comfort. The Northern Virginia area has a high concentration of upper-middle classes families mixed with a large immigrate population creating the perfect atmosphere for Harlequin and Brine. Harlequin and Brine is currently in the developmental stage.
Currently, I am serving in the United States Navy and plan on serving for twenty years in September of 2025. His will allow me to retire with a Military pension and give me an added layer of financial independence to help weather through the any difficult start-up periods. This puts Harlequin and Brine’s anticipated opening at the fall of 2025. Having 8 ½ years before opening, we will be able to perfect our products and services. First, we intend on getting input from focus group through small dinner parties. This can help us create a winning prototype. Once the we are closer to opening and have a clearer understanding of our future customers want, we can operate Harlequin and Brine as a one or two-night pop-up restaurant. This will give us the ability to promote the future business, while also generating revenue and continuing to get needed feedback. Opening a restaurant can be expensive with the current average start costs coming in around half a million dollars. We can expect to reach or exceed those start-up costs due to the higher-than-average cost of living in the Northern Virginia area. The causal environment we seek to portray will mitigate some of these costs, but top notch talent is expensive. We already have some funding, and a few investors, but we will need to get a large amount of financing from other sources. Being a Military veteran, and my wife being a female minority, we are optimistic about getting the small business loans
needed. Aside from top notch management, good products and services will be the life blood of our business. As previously stated, we intend on using feedback to make sure that our products are usable, useful, and desirable. In its current format, Harlequin and Brine will have Michelin-star cuisine, an industry leading bar-program, regionally and nationally acclaimed musical performances. The proper service and ambiance will key to the business’s success. Harlequin and Brine must be casual enough for live music to feel natural, but nice enough to warrant paying $50 for an entrée and $12 for a cocktail. We hope the combination of brick, wood, and chalk boards can create this atmosphere. I look forward to hearing from you, and I would be more than happy to discuss the details at length to answer and questions that you may have.
Stephen Boos has worked in the food service industry for over 30 years. He started as a bus person and subsequently trained as a chef’s apprentice. Steve’s mother believed that a college education was something that everyone should receive. She felt that a college degree was a good investment in Steve’s future. In 1976 at his mother’s insistence, Boos moved to Northeastern Ohio to attend Kent State University where he earned a bachelor’s degree in business administration. After graduation, Steve began working for East Park Restaurant as a line cook. Using his education as a foundation, Steve made a point to learn everything he could about running a restaurant, from cutting meat to the bi-weekly food and beverage orders. His versatility, keen business sense, and ability to control costs resulted in Steve’s promotion to General Manager, as role he has held since 1995.
3-33. While franchise owners must have at least $125,000 of cash available, average startup costs are more then double this amount. What are the most likely sources of funding a franchise?
Chad Miller, manager of Buffalo Wild Wings in Dubuque, excellently showcases leadership characteristics each time I work with him. Throughout my one and a half years working underneath him, I have witnessed many great exchanges of leadership from Chad to customers, employees, and his other managers. He remains professional, shows his passion for the sports within the restaurant, as well as the food and atmosphere, clearly communicates effectively, and has inspired many people to move up within the company. However, another great example of leadership comes from the Director of Student Life, Diversity, and Leadership of Northeast Iowa Community College, Kara Popp. She exudes professionalism, while maintaining a light atmosphere during the time I work with her. Her communication style clearly shows her passion for the school by consistently instilling excitement and enthusiasm into her audiences. As president underneath of Kara, I have transformed into a proper leader. Although my previous leadership experience, as an 18 year old manager at a McDonald’s restaurant, showed my immaturity throughout my tenure, but beca...
As my wife and I were pondering about how to meet our financial goals, we started thinking about which businesses we would love to be a part of and Chick-fil-a stood out way above any other. So I told my wife that I would look into Chick-fil-a’s franchise opportunity and I went to the website and learned some more about the company and saw that it would be a great company to be a part of. Especially after finding out the cost to startup. We don 't believe a person should go into great amount of debt to start a business. After letting my wife know what I found, we decided to start the application process online.
For example the first restaurant presented was linyas , partners Nick Kokonas and Grant Achatz shared a common vision, allowing that vision of the restaurant to be
The name of my funeral establishment will be Serenity Gates and it will provide commemoration of a person's life and support to the family as they bring resolution and begin to attempt to move forward with their lives. The plan is for my establishment to start out slow and grow from word of mouth advertising from families in the community based on the services rendered to them.
The Santa Fe Grill is a relatively new Mexican restaurant that was started by two former business students from the University of Nebraska, Lincoln. The idea sparked after the two roommates who were both interested in pursuing entrepreneurial interests decided that a Mexican restaurant in their city would be highly successful. While taking an entrepreneur class at the University, the plan for the business began coming together. Their main focus was to create a restaurant that would feature the freshest ingredients, as well as a lively atmosphere, cutting edge advertising and marketing, plus exceptional service for customers. (Research Methods, Pg. 19) By doing so, the students hoped that they could fulfill their dreams of ownership.
The world premiere of Theresa Rebeck’s Seared playing at the SF Playhouse takes place in the kitchen of a small restaurant in New York. Harry and Mike (chef/owner) have a different mentality of viewing things when it comes to the success and running of the restaurant. Harry, who over exaggerates about the food he prepares must meet certain quality standards. While Mike on the other hand worries more about having a successful restaurant that will bring in revenue. Without giving Harry a heads up, Mike decides to bring in a consultant (Emily) to make the much needed improvement and to increase revenue for the business. This could be the beginning of a very profitable business, that’s if Chef Harry can handle the heat. All in all, I would
My new venture is a service that will serve all ages. The service that I am doing is to franchise a Buffalo Wild Wings Grill & Bar to Silver Spring Shores, Florida. Silver Spring Shores is growing very rapidly. Here are a few businesses that are popular in the Shores so far:
Richard believes that his vision for the company, a two-tiered concept with a top microbrewery producing fresh, quality beer and a chain of brewpubs, has potential. However, due to the more complex nature of running a restaurant, he believes that the company has yet to figure out how to run its restaurant business profitably.
So, naturally, my first order of business would be giving my community not only a Cottage Inn Franchise, but the only Cottage Inn Franchise in the entire state of Kentucky. For my small town of Carlisle, which boasts a population of around 2,000 people, that would be quite a feat. I have no doubt that our tourism rates would skyrocket after that.
First of all, in order to get into further details of the tools used to discover and develop the valuable entrepreneurial opportunities for our product, I would like to address the actual product that my group are pitching. Our group came up with the idea of multi-function restaurant table tablets, compromising menus, payments and entertainments into an all-in-one system. The development of our idea start off from the customer experience mapping that we have conducted with some customers. Our group have brainstormed a few different ideas, but we have settled on this final idea. Reason being, we have learned from the course that a good business model yields value propositions that are compelling to customers, by creating a sustainable advantage and delivering significant value and effectively transforms payment received into profits (Teece, 2010, pp. 174). Therefore, with the valuable insights we have gained from what we have learned, our group then believed that our produ...
The startup capital was limiting to the founders, as the inaugural restaurant covered a meagre 60 square meters with only six tables and basic seafood dishes like hake, calamari, kingklip and prawns. A further hurdle was courtesy of its then landlord, who imposed restrictions on what Ocean
Running a restaurant can be one of the most stressful jobs as well as the most fun and rewarding jobs. If the manager is a good leader with excellent leadership skills and has great followers the restaurant will be rewarded. If not the restaurant will plummet in sales and no one will be pleased. While developing a business. staff is important to running a successful restaurant, it is also essential that management focus on its public relations as well as its sales and marketing strategies.
The first step in any business is to think of or create a business idea. Without an idea, one cannot launch their business off the ground. A right direction is needed to create a business with a unique idea. However, other options include franchising or buying an existing business (1). Franchising allows an individual to run stores such as Burger King or McDonalds under the corporate name. It involves taking training classes and a heap of money in order to start a franchise. A Franchisee will have to buy products and services from the corporate entity they are franchising from, which is often required. Buying a franchise is like taking a piece of the pie from the company that is franchising and sharing that pie with everybody else. In addition having a franchise allows one to communicate and in essence become a big part of an added business opportunity (4). Franchising is far from easy to start and maintain for that matter. Starting a franchise involves a l...