fakruddin

21
NORTH SOUTH UNIVERSITY School Of Business Summer 2013 Project Fakruddin Biryani & Restaurant Page- 1

Upload: jiehan-rahman

Post on 18-Dec-2015

30 views

Category:

Documents


0 download

DESCRIPTION

It's a university project

TRANSCRIPT

  • NORTH SOUTH UNIVERSITY

    School Of Business

    Summer 2013

    Project Fakruddin Biryani & Restaurant

    Page- 1

  • Course name Introduction to Business

    Course code - BUS 101

    Section - 23

    Submitted to Tasnim Rezoana Tanim

    Submitted by:

    Name Id

    Rajdip Das 0920425530

    Md. Asif Jahangir 1320647630

    Rashed Bin Abdullah 1320785030

    Muhammad Moshiur Rahman 1320805030

    Hossain Md Abusalahin 1320861030

    Ishrat zaman pranti 1320975030

    Iftekhar Ibne Mahmood 1321179030

    Page- 2

  • Submission date - 24th

    August, 2013

    LETTER OF TRANSMITTAL

    Ms. Tasnim Rezoana Tanim (TRT)

    Faculty

    BBA Department

    North South University

    Bashundhara Residential Area, Dhaka.

    Dear Madam,

    Enclosed is a copy of the group project on the business analysis of FAKRUDDIN BIRYANI &

    RESTAURANT and the detailed profile of the organization. This file includes all the necessary

    information and evaluation. This project was assigned to us by you in Monday 14 June 2013. We

    completed the project on schedule and met all our required objectives within the allotted

    limitations. This project will work as a partial fulfillment of our BUS 101 course for Summer

    Semester 2013.

    This project includes everything as per the outline. This overall report also includes an

    assessment of the business and recommendations. We took a face-to-face interview of the

    entrepreneurs son and gathered all other information from trustworthy and reliable sources.

    If you have any questions and/or comments regarding the interpretation of this project please feel

    free to contact us. Thank you for providing us with the opportunity to work as a team for this

    interesting project. We look forward to working under your guidance again in the near future.

    Thanking you,

    Sincerely

    Iftekhar Ibne Mahmood Ishrat zaman pranti Hossain Md Abusalahin Md. Asif Jahangir

    Muhammad Moshiur Rahman Rashed Bin Abdullah Rajdip Das

    Page- 3

  • Acknowledgement

    First and foremost, we would like to thank the Almighty GOD for giving us the

    moral integrity, devotion, patience, and the ability to carry out this comprehensive

    research oriented project.

    We are greatly indebted to our course instructor, Ms. Tasnim Rezoana Tanim, for her direction, assistance, encouragement, and guidance. Her suggestions, in

    particular, have been invaluable for the improvement of this project.

    We are also greatly thankful to Late Haji MD. Fakruddins son, Haji MD. Rafiq

    who was kind enough to share with us important information about their company.

    Without him, the completion of this project could not have been possible.

    Special thanks to:

    Mr. Parvez, Manger, Fakruddin Foods LTD.

    Md. Abid Hossain, 2nd

    son of Md. Rafiq.

    Mr. Rupon Dhor, worker of Fakruddin restaurent

    We are also genuinely thankful to all our friends and class mates, who have been

    co-operative in every aspect. It was indeed pleasurable working in the friendly

    environment.

    Page- 4

  • Table of Contents

    Executive Summary. ....................................................................6

    Methodology............................................................................. ...............7

    Introduction & Background.....................................................................8

    How the present Business got started......................................................9 Business Overview................................................................................. .10

    Departments of Fakruddin Restaurant .........................................11-16 SWOT Analysis....................................................................................17

    Management...........................................................................................18

    Recommendations .....19

    Conclusion..20

    Page- 5

  • EXECUTIVE SUMMARY

    Fakruddin Biryani & Restaurant is a very famous Biryani house in Bangladesh

    whereas Fakruddin was the most famous Bangladeshi Chef. The house is well

    known because of its line of quality product. If people think to have Biryani then

    Fakruddins Biryani comes into their mind at first.

    It is one of the oldest and famous Biryani restaurants in Bangladesh. It is

    maintaining its consistency till today where no wadays there are varieties of

    products available for food lovers. Still people want to go to Fakruddin Foods

    Ltd. only to have Biryani. The company faces intense competition from other

    established brands but it has successfully able to create competitive advantage to

    sustain in the competitive environment. Thats why this shop never lacks in

    customer.

    Fakruddin Biryani & Restaurant was started by Late Haji MD. Fakruddin in a

    very simple and smaller way. But, gradually his son and then grandson are

    expanding the same business after him. Their business is like chain business. One

    person had started and his next generation is continuing the fathers business as a

    trend. In case of Fakruddin the next generation did not expand the product line

    where as they expand their business through expanding their outlets with the

    traditional products. First generations target was to serve customers in selected

    zone, second generations goal was to reach all big cities in Bangladesh and third

    generations target is to become international food chain. By these ways the new

    generation took the fathers food business to a new hike with their own strategy of

    running business.

    Page- 6

  • Methodology

    Meeting a competent and busy individual such as MD. Rafiq and knowing about

    his well established business was not an easy task for us. However, we were

    extremely lucky because was able to meet us in his office and gave us his precious

    45 minutes. We tried to utilize the time as much as possible but it was his manager

    who helped us with our questionnaires. Talking to the owner as well as an

    employee helped us lot gathering information and seeing things from different

    perspectives.

    We interviewed MD. Rafiq but we did not have specific set of formal questions

    prepared for him rather we had a casual conversation. Our conversation was very

    interactive but unfortunately did not last long as he is a very busy man. Later, we

    interviewed some of the employee who were present in the office.

    Page- 7

  • Introduction

    Fakruddin Biryani & Restaurant is a very famous Biryani house in Bangladesh. It is also one of

    the oldest and famous Biryani restaurants in Bangladesh. It is maintaining its consistency till

    today where nowadays there are varieties of products available for food lovers.

    Background

    Late Haji MD. Fakruddin ws born and raised in Patna, India. He migrated to Bangladesh in the

    year 1952. At that time Bangladesh was called East-Bengal. He settled and started living

    somewhere in Chittagong with his wife, 5 sons and 3 daughters. After few years he came to

    Dhaka with his whole family. At that time his son Rafiq (8years) decided to be a hawker to help

    his father supporting the family. He even used to do house hold works in many homes. In 1965

    MD. Fakruddin got a permanent job in Viqarunnisa Noon School as a guard.

    Late Haji MD. Fakruddin was the guard of Viqarunnisa Noon School and College. But he was

    always willing to cook food. It was his passion. While he was doing his guard duty in front of

    Viqarunnisa Noon School and College, he was planning to sale his snacks at the same time as

    there were lots of parents use to sit before the school gate. Thats why he used to cook some

    snacks and bring it with him in the tiffin boxes. At that time he made Shingara, Shamucha and

    sold it to the parents. His food was not only tasty but also hygienic. The parents who were the

    main customers that time liked it very much.

    Page- 8

  • LATE HAJI MD. FAKRUDDIN

    Then all the parents went to the principal of Viqarunnisa Noon School and College to

    recommend Fakruddin for selling his food items into the canteen of Viqarunnisa. The principal

    of Viqarunnisa tasted his food and was very much impressed by his Shingara, Shamucha. So, she

    gave him the permission for selling his food items into the canteen. It was 1966 when he

    officially started his food business. He sold foods in both morning and day shifts. Fakruddin did

    a monopoly business in Viquarunnisas canteen. From 1966 till today Viquarunnisas canteen

    depends on Fakruddins food.

    How the present Business got started

    Before Hamid Ali became the principal of Viqarunnisa, Fakruddin was only doing business in

    Viqarunnisas canteen and selling Biryani in orderly basis in a very limited amount. But, his

    main expansion started at the time of Hamid Ali. That time, all his foods were served in every

    events of Viqarunnisa such as Farewell, Rag Day, Annual Milad Mahafil, Pohela baishak

    Program, Silver Jubilee etc. For the first time he started to take big orders and for Annual Milad

    Mahofil he gave sweets, Shingara, Nimki in boxes for all the students and teachers. This trend is

    still going on in Viqarunnisa. Any food inside Viqarunnisa means Fakruddins food.

    MD. Fakruddin opened his first outlet in Moghbazar after achieving large amount of profit from

    the business in Viqarunnisa. Within one year he established a restaurant. In his restaurant the

    core item was Biryani but there were lots of other food items that were also available. For

    example Kattchi Biryani, Chicken Biryani, Beef Tehari, Chicken Roast, Jali Kabab, Borhani,

    Chicken Rezala, Polao Rice, Korma, Muttun Curry, Beef Rezala, varieties of Kabab ( Beef

    Shammi Kabab, Beef Jali Kabab, Beef Tikka Kabab) etc. At that time he served approximately

    200 customers daily. He died in the year 1995.

    Page- 9

  • In his lifestyle he refused to fall for the trappings of the rich although by then he was a rich man,

    but most importantly he passed on his sense of self dignity to his children who also shared his

    ideals of being true to their roots.

    Business Overview

    Vision Statement

    One day our local food would become world renowned

    Mission

    To sell delicious and remarkable Biryani, Chicken Biryani, Beef Tehari, Chicken Roast, Jali

    Kabab, Various types of Kabab etc. That the foods we sell meets the highest standards of quality,

    freshness and seasonality and combines both modern-creative and traditional styles of cooking.

    To consistently provide our customers with impeccable service by demonstrating warmth and

    integrity in our work. To create and maintain a restaurant that is comprehensive and exceptional

    in its attention to every detail of operation. To provide all who work with us a friendly,

    cooperative and rewarding environment this encourages long- term, satisfying, growth

    employment.

    Page- 10

  • Departments Of Fakruddin Restaurant :

    Page- 11

    Chairman, Fakruddin Restaurent

    Head Chef

    Assistant Head

    Chef

    Assistant for

    ingredient

    prosessing

    Managing Director Restaurent and

    Event Management

    Restaurant Outlet Manager

    Supervisor

    Waiters

    Assistant Waiters

    Dish Washers And

    Cleaners

    Finance Manager

    Manager for overseas Outlet management

    Manager: Catering , Decorating

  • Chairman Fakruddin Restaurant :

    Mr. Rafiq is the chairman of fakruddin restaurant. He is son of Mr. Fakruddin. He is the highest officer of fakruddin restaurant. He makes major decisions such as whether to

    introduce new food items, spreads out new items to all other branches home and abroad . He manages overall operations. He establishes business plan by surveying restaurant demand , conferring with other employees of the restaurant. He also keeps his employees motivated and focused own their own jobs.

    Managing Director, Restaurant and Event management : Mr. Abdul Khaleq is the managing director of fakruddin restaurant. He is son of Mr. Rafiq and grandson of Mr. Fakruddin. The activities of managing director of fakruddin restaurant :

    1)Taking responsibility for the business performance of the restaurant. 2)Analysing and planning restaurant sales levels profitability. 3)Organising marketing activities, such as promotional events and discount schemes. 4)Coordinating the entire operation of the restaurant during scheduled shifts. 5)Managing staff and providing them with feedback

    6)Maintaining high standards of quality control , hygiene , health and safety. 7)Recruiting , training and motivating staff.

    Finance Manager : Financial manager is responsible for providing financial advice and support to clients and

    colleagues to enable them to make sound business decisions. He also responsible for business elements of restaurant including accounting , insurance and banking. The tasks of financial manager : 1)Providing and interpreting financial information.

    2)Monitoring and interpreting cash flows and predicting future trends. 3)Formulating strategic and long term business plans. 4)Analysing competitors and market trends. 5)Developing financial management mechanisms that minimise financial risks.

    Page- 12

  • Restaurant Outlet Manager :

    The restaurant outlet manager ensures that all colleagues adhere to and support the

    restaurant quality management system. He manages the training, develpoment and motivation of staff and ensures that the outlets are staffed with the necessary numbers and calibre of staff to meet its objective and that all staff is encouraged to maximize capability and contribution to the restaurant. He manages and controls all aspects of stock management within the outlets.

    Manager For Overseas Outlet Management : Fakruddin restaurant has many branches outside the country like Malaysia branche ,

    Singapore branche. The manager for overseas outlet management maintains the management department of abroad branches of fakruddin restaurant . He ensures that restaurant operate efficiently and profitably while maintaining its reputation and ethos in abroad branches. He always aware to maintain the same quality of foods like local branches in abroad branches .

    Manager ( catering and decorating ) :

    The manager of catering and decorating section has many tasks to do . The restaurant is decorated according to his advice to attract the clients . The restaurant is also decorated

    according to event types. If any event is organized in restaurant , he will run the catering facility during the event. He is responsible for the overall operation of a catering facility and handles all the preparation before the event and after as well . he works closely with clients to ensure their event is a success .

    Page- 13

  • Supervisor :

    The supervisor schedules all activities for restaurant staff according to guidelines and ensure proper uniform of staff at all times provide assist to all guest and administer all

    requirements for meals. He supervises all kitchen and dining room activities and ensure optimal quality of all production and coordinate with guests to maintain optimal level of customer satisfaction and analyze all customer requirements and provide efficient response. He collaborate with manager to review all employee performance and provide training to increase all performance and monitor all guest requests efficiently to achieve all customer objectives and maintain knowledge on all liquor regulations.

    Head Chef :

    Head chef has a huge range of duties and responsibilities within the kitchen. The most

    important responsibility is to ensure that quality culinary dishes are served on schedule and to see that any problems that arise are rectified. He is the commander of the kitchen. He coordinates the kitchen staff and manages the preparation of meals. He plans menus, creates daily and weekly specials, and determines portion sizes. He maximizes the productivity of kitchen staff.

    Assistant Head Chefs :

    Assistant head chef aids head chef with skilled food preparation and cooking. He may

    help train subordinate chefs and supervise their work. Assistant head chef may also be responsible for reviewing kitchen inventory and estimating what foods are needed. He also oversees the storage and disposal of leftover food products and helps to make sure that the kitchen is clean. Assistant head chef helps head chef develop and test new recipes and maintain records of what food has been prepared and what ingredients were used. In addition to , he may be responsible for running the kitchen in the head chefs absence.

    Page- 14

  • Assistant For Ingredient Processing :

    He is responsible for the processing activities of fakruddin restaurant. He intrigates all research projects within the overall schedule and operations management. He is responsible for the instruction and supervision of staff in the proper processing and cleaning protocols required for the production of the restaurant

    Waiters :

    The waiters of fakruddin restaurant are very smart. They maintain a good attitude. They keep dining areas clean. They take care of customer and make sure to give expert

    service to the guests. They are very attentive and not over talkative.

    Assistant Waiters :

    Assistant waiters set tables and assist waiters and clear away dirty dishes. They provide assistance and support to assigned team waiters while working in the dining room to ensure efficient and seamless service delivery of all meals to guests. They arrange

    settings on the tables. They maintain assigned station including table pieces , side stands and chairs. They observe guests to anticipate their needs and respond to any additional requests and to determine when the food and beverage service has been completed.

    Page- 15

  • Dish washers and cleaners :

    Dish washers sort and rinse dirty dishes , glass, tableware and other cooking materials.

    They sort and stack clean dishes and carry them to cooks line and other proper storage areas. They rewash soiled dishes before delivering. The cleaners keep restaurant neat and clean. They sweep out trash around exterior of restaurant garbage dumpster. They wipe up any spills to ensure restaurant floors remain dry.

    Page- 16

  • SWOT Analysis

    Strengths

    (INTERNAL FACTORS)

    Weaknesses

    (INTERNAL FACTORS)

    High quality food.

    A set of permanent and loyal

    customers.

    Hygienic Kitchen in restaurants.

    Good Behavior with customers helps

    create customer relation.

    A single family runs the whole

    business

    Owners spend their time in the

    working place as a employee not as a

    owner.

    Own fleet of covered vans.

    Maintaining strong ethics.

    Brand Image.

    Full surveillance system in the

    kitchen to prevent adulteration.

    Traditional ingredients that make

    foods rich in cholesterol, fat etc.

    Problems in attracting and holding

    back new customers due to lack of

    advertising and promotion.

    The main office where the food is

    cooked for catering service is not

    enough hygienic.

    Opportunities

    (EXTERNAL FACTORS)

    Threats

    (EXTERNAL FACTORS)

    Expansion to Chittagong.

    Establishing outlets in Australia and

    some other countries.

    Developing a catering system for

    special occasions.

    Developing home service facilities.

    Expansion of the menu and items.

    Using wider advertising media

    instead of depending mostly on word-

    of-mouth.

    Move to a healthier menu: create a

    vegetarian menu, and use fewer

    dairies in the regular items.

    Aggressive marketing strategies by

    other competitors, for ex: - Hazir

    Biryani and Rasoi are leading to

    decrease in sales.

    Volatile political situations.

    Rise in sales of competitors products

    as more substitutes are open to

    customers.

    Increasing price of raw materials.

    Threats of and corruption done by

    employees.

    Threat of law suit: increasing obesity.

  • Management

    Since Fakruddin Foods Ltd is entirely a family business we can find no one at Top management

    of the company. Mr. Hazi Muhammad Rafique and Mr. Abdul Khaleque are ones running this

    huge business. Under them they have hired some supervisors who take care of their catering

    service and a few managers who looks after the restaurants. The rest are low level workers.

    Page- 18

    Top Level Management (MD. Rafiq, MD. Abdul Khaleq and Md. Abid Hossain)

    Middle Management (Mr. Parvez, Md. Khokon, Mujibur Rahman etc.)

    Operational Level

    Management (Supervisors,

    chefs, helpers)

  • Recommendations

    The ingredients used in the foods that Fakruddin Foods LTD serve are not at liked by

    health conscious people so it would be better if they would change their ingredients or

    extend the menu with healthy foods with less cholesterol, fat etc.

    More emphasis should be given to research and development, by hiring chefs from

    abroad since this restaurant sells mostly foreign dishes.

    The company uses no promotional activities or advertising which could help them

    building up a greater customer attraction.

    The authority should research required to determine optimal number of dishes for

    each branch because of high demand of dishes of fakruddin , many customer dont

    get their desired one.

    Branches in Dhaka should have formal western uniforms for waiters , while the

    uniform should be traditional Bangladeshi for branches in Chittagong and Sylhet.

    Sometimes waiters want some extra money to customers for their service which

    doesnt go with their ethics . So the manner of waiters should be maintained

    through continual training and their speed of service should be improved.

    Customers cant enjoy their dishes perfectly as the condition of chairs arent so

    good and very uncomfortable. So the restaurant authority should concern about the

    comfortness of chairs immediately .

    Page- 19

  • Conclusion

    All these things are the evidence of the popularity of Fakruddin Biryani & Restaurant in

    Bangladesh and outside Bangladesh. Its market demand is increasing day by day. It is becoming

    more diversified with its product line. In every era of its expansion is has gained a remarkable

    success which can be predicted through its popularity. Its increasing outlet proved that it is

    escalating its profit every year by making the restaurant internationalized. Therefore, from the

    beginning to the whole expansion it has achieved positive market reaction from its customers.

    Page- 20