kim’s bakery inc
DESCRIPTION
Kim’s Bakery Inc. By: Kimberly Ribeiro. Overview. Single member LLC A sole proprietorship with a limited liability company They pass through taxation Why a bakery?. Erin McKenna. Opened up her own vegan bakery Why? Because she was diagnosed with allergies to wheat and dairy - PowerPoint PPT PresentationTRANSCRIPT
Kim’s Bakery Inc.
By: Kimberly Ribeiro
OVERVIEW
Single member LLC A sole proprietorship
with a limited liability company
They pass through taxation
Why a bakery?
Opened up her own vegan bakery Why?
Because she was diagnosed with allergies to wheat and dairy
Trial and Error Mistake of signing her lease before her bank
loan came through. Thanks to the help of family and friends she had
just enough to open her doors.
ERIN MCKENNA
FINANCIAL STRATEGY
Lyndhurst Town Center
Lyndhurst Town Center has a space for lease
Why? Parking space Visible for customers Two train stations near by Bergen Community College Growing population
Rental is $24sf/year Revenue anywhere from
$245,804
ERIN MCKENNA START UP COST
The security deposit, construction costs, initial inventory costs, kitchen equipment costs, permit fees, and total start-up costs came out to a total of $76,010.
In addition her monthly operating costs came out to $23,286.
Corporate Social Responsibility
Going green Recycling Switching to gas burning overs (reduces energy
consumption)
ETHICAL STANDARDS
MARKETING, PROMOTION &
PRICE STRATEGY
Once the business is stable Delivery system Free Wi-Fi
Open earlier and close later. Open 6am-9pm
Attract customers by: Having seasonal
offering Daily specials Give away free
samples Charity fundraiser Website Word of mouth Direct mail
MANAGEMENT &
LEADERSHIP
SWOT analysis :
I want my customers to feel valued Buying good quality
food for a fair price Mission statement:
The mission statement is to provide our customers with the best customer service and most importantly to provide the best tasting and freshest product.
Strengths & Opportunities: two train stations a community college, free Wi-Fi Delivery longer business hours charity events parking.
Weaknesses and Threats: local bakeries no experience in management No reputation
HUMAN
RESOURCESEmployees:
kitchen personnel Head baker Assistant bakers Pastry Chefs Specialty Chef
When people feel valued and important it creates
a better atmosphere
Everyday there will be short meetings. Good news Daily news Asking the staff
Motivation: Gift card Making their work
schedule for a week contests
In this PowerPoint I wanted to discuss opening my
own bakery. The title gave them an idea of what I was going to discuss next and it provided me with the order of what I should talk about. The bullet points were my point of the topic that was used for me to branch out after and get more in debt. I used the hyperlink of her logo to take me to her website so that I could show them what her website looked like and where I got her information. The transitions, pictures, and effects were used to give it life! The more attractive it is the more people will pay attention.
PURPOSE