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Welcome To Pitha Hut
Members of group
Executive Summery
 Replace the ongoing fast foods by our Bangladeshi pithas.
 Business name is ‘pitha hut’
 There is a huge field to make a market of this type of foods
in Bangladesh
 Defined competitor’s strategies
 Created a great opportunity for investors who seeks new
innovative business ideas and plans
 Provide a better quality food habit and to move people
from junk tastes to a healthy taste
Business Information
 Serve many types of pithas
 Sweet pithas and chilly pithas
 Spicy pithas and deshi fluid items
 It will compete with fast food items
 Promotional programs will only say – 'eat better,
live longer'.
Target Market
Target market is general people e.g. students,
corporate workers &middle level people.
The Industry Analysis
• Adding a new product line into this industry
• It won’t be difficult to catch the maturity
because there is less number of competitors in
this industry
• Financially strong to run such type of business
in this market
• Launching with diversified product lines
• Easily go to a top position in the fast food
market
Market Analysis
Measuring the potentiality and the risk of a new
business we need to make the proper use SWOT
analysis
SWOT Analysis
Strengths
• deal with the seasonal Bangladeshi food which is in
our language known as 'Pitha'.
• Traditionally we have many seasonal pitha
• ingredients which are achievable and cheaply in
comparison
• offering food of diversified taste with a cheap price
n healthy
• specialized skill is needed for making these food
Weaknesses
• Pithas which are available in winter cannot be made in
summer
• Ingredients come from natural resources we have to get
those things from rural or sub-rural areas.
• Need to have strong chain of suppliers and to maintain
them we have to spend a lot that will certainly minimize
the profit.
• Diversity of taste can be weakness in a sense
Opportunities:
• sources are not very healthy and no brand name
in this field, which name can assure them about
the standard and the nutrition of the food.
• people are much more health conscious
• trying to leave those fast food with high
cholesterol
• have no substitute product to take
• will get more attraction to these pitha
Threats
• Existing fast food shops are major competitors
• Existing product line are already capture the major
portion of market.
• time, money, people, and efforts are needed to gain
their market share
• Big portion of target market is engaged with other
restaurant food
Competitiveness Analysis
Competitive
rivalry within
an industry
Threat of
new
entrants
Threats
bargaining
power of
buyers
Threat of
substitute
product:
Threats
bargaining
power of
suppliers
We have analyzed the current market situation
by the five factor model of Michael Porter.
Identified the competitiveness of the target
market and evaluate the appropriateness to
enter in to a business.
• Pizza Hut, KFC, Domino's pizza, Sizzle etc.
• conventional local food we don't have such type of
competitor.
• stable business because it is related with appetite
In food business new entrants are always
available, but if we can build ours as a brand
name and gain the major portion of the
market share we will certainly be able to
avoid the threat of the new entrants.
• In this field we don't have real substitute
products. Sweet industry such as our 'Dairy
industry' can be substitute product. But as
those are not our real substitute product, it is
certainly an attractive market
• As we are starting from a low price it would
certainly fulfill the customer demand. It is also
avoidable because the switching cost of our
product would be much more higher. Our
product would be cheaper than the fast food
items.
• The suppliers of that field are not so much
concentrated and organized. We emphasize on
collecting raw materials from diversified areas.
We will collect specific ingredients from specific
places. As a result our suppliers are widened
through the whole country.
• Mission
is to serve better quality and taste of home through
a variety of pithas. Providing a community service
through serving dehsi cultures and tastes.
• Objective
Is to capture the market share and replace a great
portion of conventional fast food items by serving
Bangladeshi pithas.
• Goal
Is to make people having a good habit in eating.
Business Action Plan
Product
line
Supply
chain
Human
resource
Marketing and promotion
Financial Forecasting
Here we have prepared our
forecasting of our business. First we
have shown our expenses and then
we tried to show how our projected
revenue will generate.
One Time Expenses Cost(TK )
Three Buildings Contract cost for five years costs: 2000000/=
Business License Fee 5000/=
Two Trucks Contracted for five years 100000/=
Furniture's and Decoration 60000/=
Motor Vans (30) 25000/=
Other setup charge 10000/=
Total 2200000/=
Items Price( TK )
Sweet pithas: vapa pitha 15/=
Patishapta pitha 12/=
Shemai pitha 15/=
Pooli pitha 10/=
Nakshi pitha 20/=
Rash chitai 18/=
Chili pithas: jhal pooli 10/=
Dim makhan 12/=
Jali pitha 8/=
Vaja pooli 12/=
Jhal takti 5/=
Pan pitha 5/=
Fluid item: coconut water 20/=
Bel / lebu sharbat 10/=
References
• 'Restaurant Business Plan submitted by Abonda'
• http://www.scribd.comPorter's five factor's model
• http://foodandretail.blogspot.com/2007/10/porter-5-
forces-how-they-work-3.html

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BUSINESS PLAN ON FOOD INDUSTRY

  • 3. Executive Summery  Replace the ongoing fast foods by our Bangladeshi pithas.  Business name is ‘pitha hut’  There is a huge field to make a market of this type of foods in Bangladesh  Defined competitor’s strategies  Created a great opportunity for investors who seeks new innovative business ideas and plans  Provide a better quality food habit and to move people from junk tastes to a healthy taste
  • 4. Business Information  Serve many types of pithas  Sweet pithas and chilly pithas  Spicy pithas and deshi fluid items  It will compete with fast food items  Promotional programs will only say – 'eat better, live longer'.
  • 5. Target Market Target market is general people e.g. students, corporate workers &middle level people.
  • 6. The Industry Analysis • Adding a new product line into this industry • It won’t be difficult to catch the maturity because there is less number of competitors in this industry • Financially strong to run such type of business in this market • Launching with diversified product lines • Easily go to a top position in the fast food market
  • 7. Market Analysis Measuring the potentiality and the risk of a new business we need to make the proper use SWOT analysis
  • 9. Strengths • deal with the seasonal Bangladeshi food which is in our language known as 'Pitha'. • Traditionally we have many seasonal pitha • ingredients which are achievable and cheaply in comparison • offering food of diversified taste with a cheap price n healthy • specialized skill is needed for making these food
  • 10. Weaknesses • Pithas which are available in winter cannot be made in summer • Ingredients come from natural resources we have to get those things from rural or sub-rural areas. • Need to have strong chain of suppliers and to maintain them we have to spend a lot that will certainly minimize the profit. • Diversity of taste can be weakness in a sense
  • 11. Opportunities: • sources are not very healthy and no brand name in this field, which name can assure them about the standard and the nutrition of the food. • people are much more health conscious • trying to leave those fast food with high cholesterol • have no substitute product to take • will get more attraction to these pitha
  • 12. Threats • Existing fast food shops are major competitors • Existing product line are already capture the major portion of market. • time, money, people, and efforts are needed to gain their market share • Big portion of target market is engaged with other restaurant food
  • 13. Competitiveness Analysis Competitive rivalry within an industry Threat of new entrants Threats bargaining power of buyers Threat of substitute product: Threats bargaining power of suppliers We have analyzed the current market situation by the five factor model of Michael Porter. Identified the competitiveness of the target market and evaluate the appropriateness to enter in to a business.
  • 14. • Pizza Hut, KFC, Domino's pizza, Sizzle etc. • conventional local food we don't have such type of competitor. • stable business because it is related with appetite
  • 15. In food business new entrants are always available, but if we can build ours as a brand name and gain the major portion of the market share we will certainly be able to avoid the threat of the new entrants.
  • 16. • In this field we don't have real substitute products. Sweet industry such as our 'Dairy industry' can be substitute product. But as those are not our real substitute product, it is certainly an attractive market
  • 17. • As we are starting from a low price it would certainly fulfill the customer demand. It is also avoidable because the switching cost of our product would be much more higher. Our product would be cheaper than the fast food items.
  • 18. • The suppliers of that field are not so much concentrated and organized. We emphasize on collecting raw materials from diversified areas. We will collect specific ingredients from specific places. As a result our suppliers are widened through the whole country.
  • 19. • Mission is to serve better quality and taste of home through a variety of pithas. Providing a community service through serving dehsi cultures and tastes. • Objective Is to capture the market share and replace a great portion of conventional fast food items by serving Bangladeshi pithas. • Goal Is to make people having a good habit in eating.
  • 22. Financial Forecasting Here we have prepared our forecasting of our business. First we have shown our expenses and then we tried to show how our projected revenue will generate.
  • 23. One Time Expenses Cost(TK ) Three Buildings Contract cost for five years costs: 2000000/= Business License Fee 5000/= Two Trucks Contracted for five years 100000/= Furniture's and Decoration 60000/= Motor Vans (30) 25000/= Other setup charge 10000/= Total 2200000/=
  • 24. Items Price( TK ) Sweet pithas: vapa pitha 15/= Patishapta pitha 12/= Shemai pitha 15/= Pooli pitha 10/= Nakshi pitha 20/= Rash chitai 18/= Chili pithas: jhal pooli 10/= Dim makhan 12/= Jali pitha 8/= Vaja pooli 12/= Jhal takti 5/= Pan pitha 5/= Fluid item: coconut water 20/= Bel / lebu sharbat 10/=
  • 25. References • 'Restaurant Business Plan submitted by Abonda' • http://www.scribd.comPorter's five factor's model • http://foodandretail.blogspot.com/2007/10/porter-5- forces-how-they-work-3.html