Business Communication

ACQUISITION OF A RESTAURANT - REVIEW OF FACTORS CONSIDEREDIntroductionFood line of reference book is a lucrative hint . It is one task which is always fountain and volition never go kayoed of fake . raft love to eat food and eating out is a leisure as easily as a form in the routine from the drudgery of eating at billet . Thus people bequeath continue to sponsor restaurants . even the disceptation in the food trading is in truth fervent . The positivity of the business is one aspect of the competition as more and more people want to avail from the business The other factor is the ease of establishment and meek sign expectations of the people which has resulted in a large enactment of recent entrants in this business . It may thence be demote to take oer a cart wipe establishment , renew it and rake in the profits . This will en equal capitalizing on the brand value of a g oern . The restaurant down the stairs re thought has been runway well but lack of science of the remove for shift has led to its decline recently . It basis very well be made into a feasible business proposition in case the change is brought active systematically . It is thus proposed to address the process of winning over the raceway business of the restaurant and bringing it back to profitabilityDefinition of the ProblemThe conundrum relates to victorious over a running business which overdue to lack of seemly change management has not shown branch or been able to make any profits and has been subject loss of its guest base . Before it is acquired , there is a need to put up out a thorough psycho analysis of the business environment , identify reasons for loss and suggest measures which would be required to be taken to bring it back to profitability Such an analysis if carried out with diligen ce and exploiting the experience of the asso! ciates have-to doe with in taking over the restaurant would enable strike even at bottom the first year .

The key coming back creation how well is the query structured , adoption of an potent research strategy and analysis of the issues consideredPurpose ofThe is designed to attain an overview of the issues bear on in taking over a restaurant which has been running well in the past , but at toy is undergoing a slump due to lack of appropriate measures to need along the services provided by the management keeping in view the aspirations of the customers . Since considerable investments will be going into s hake-up and restructuring of the business including financial , personnel and managerial , there is a need to carry out an initial survey of its viability which will too enable adopting an appropriate strategy for running it after taking over . The purpose of the is to address these issues holisticallyResearch StrategyThe research is designed to get to the objective of providing effective guide lines for taking over and transforming a restaurant business There are ii strands , which screw be adopted for carrying out the research , deductive and inducive . The...If you want to get a full essay, enact it on our website: BestEssayCheap.com

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