Are you about starting a salad bar company? If YES, here is a complete sample salad bar business plan template & feasibility report you can use for FREE. Okay, so we have considered all the requirements for starting a salad bar company. We also took it further by analyzing and drafting a sample salad bar marketing plan template backed up by actionable guerrilla marketing ideas for salad bar companies. So let’s proceed to the business planning section.

Why Start a Salad Bar Business?

Starting a salad bar business may look simple but it still requires adequate planning to get it off the ground. Quite a lot needs to be done to start your salad bar, but the question now is where to start. The typical place to start is by writing a business plan. Writing a business plan might come as a herculean task to many because of the technicalities involved.

It is for this reason that business plan templates can be drawn from the internet and even from business books, so that you can have an idea of what it is like to draw up a business plan for yourself. That is not all; you will need to make sure that you have the real reasons why you want to be in the line of business you have chosen. That means that there has to be a real connection between you and the people whose food problems you want to solve.

Other areas that might require some math can be worked out along the road as you get acquainted with your business plan. You too can now write your own business plan by fixing in the appropriate details of your business after you have gone through the sample salad bar business plan template below.  

A Sample Salad Bar Business Plan Template

1. Industry Overview

A salad bar is a buffet-style table or counter at a restaurant or food market on which salad components are provided for customers to assemble their own salad plates. A good number of salad bars provide lettuce, chopped tomatoes, assorted raw, sliced vegetables (such as cucumbers, carrots, celery, olives and green or red bell peppers), dried bread croutons, bacon bits, shredded cheese, and various types of salad dressing.

It is important to state that some salad bars also have additional food items such as cooked cold meats, (turkey, chicken, ham, or tuna), cooked beans (e.g., chick peas, garbanzo beans or kidney beans), boiled eggs, cottage cheese, cold pasta salads, tortilla chips, bread rolls, soup, and fresh cut fruit slices.

Happenings in this industry indicate that the industry is sustained by increased consumer spending, which was driven by higher disposable income and greater confidence in the economy. Demand for salad has increased at a faster rate than most segments of the food service sector as consumers increasingly seek health at an affordable price.

Major operators are expected to expand their menus in the nearest future to increase sales and profit margins. This expansion includes more offerings of nontraditional, high-margin menu items such as boiled eggs, cottage cheese, cold pasta salads, tortilla chips, bread rolls, soup, fresh cut fruit slices, breakfast items and wraps.

The salad bar industry relies heavily on labor because of the need for personal, face-to-face service and labor input in all areas of operation, including order taking, serving, salad and beverage preparation, acceptance of deliveries, cleaning and management. The report further stated that the industry’s overall spend on labor is relatively low as most positions within salad bars require little training or skills and can be undertaken by students or other low-skilled workers.

The Salad Bar industry is a thriving sector of the economy of the united states of America and in most countries in Europe and Asia. The industry generates over $2 billion annually from more than 76,960 registered salad bars scattered all around the United States of America.

The industry is responsible for the employment of over 717,961 people. Experts project the industry to grow at a 3.7 percent annual rate between 2011 and 2016. The Freund’s Sky Club Supper Club in Plover, Wisconsin and Hawaiian restaurant Chuck’s Steak House are the leaders in the salad bar industry.

The Salad Bar industry has minimal barriers to entry and no specific licensing requirements. On the other hand, the high level of competition and market saturation in a declining industry can prove challenging to aspiring entrepreneurs who want to start their own salad bar. Most players in the hot salad bar line of business are small to medium sized establishments that cater to the local community.

Over and above, the salad bar industry is a profitable industry and it is open for any aspiring entrepreneur to come in and establish his or her business. You can choose to start on a small scale in a street corner like the average mom and pop business or you can choose to start on a large scale with several outlets in key cities.

2. Executive Summary

Monica Lewis® Salad Bar, LLC is a registered salad bar business that will be situated in the heart of Broughton Street – Savannah, Ga. This Southern coastal city, famous for its public squares and parks, has one of the most vibrant downtowns in the nation. In the last few years, its core has been transformed into a shopping and entertainment destination, marked by careful restoration.

We have been able to lease a facility along a major road that is big enough to fit into the design of the kind of salad bar that we intend launching and the facility is located in a corner piece directly opposite one of the largest residential estates in Georgia.

Monica Lewis® Salad Bar, LLC will be involved in preparing and serving a variety of salads and nonalcoholic beverages including coffee, juices, smoothies and sodas et al. We know that that there are several salad bars and related businesses all around Montgomery – Savannah which is why we spent time and resources to conduct our feasibility studies and market survey so as to offer much more than our competitors will be offering. We have self – service options for our customers, and our outlet utilizes various payment options.

We are aware of the trend in the salad bar industry and we are not only going to operate a system where our customers would have to come to our salad bar to make purchase and eat, but we will also operate an online store where our customers can place orders for our products.

Monica Lewis® Salad Bar, LLC will at all times demonstrate her commitment to sustainability, both individually and as a firm, by actively participating in our communities and integrating sustainable business practices wherever possible. We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely.

Our plan is to position the business to become one of the leading brands in the salad bar industry in the whole of Savannah – Georgia, and also to be amongst the top 10 salad bars in the United States of America within our first 10 years of operation.

This might look too tall a dream but we are optimistic that this will surely be realized because we have done our research and feasibility studies and we are confident that Broughton Street – Savannah, is the right place to launch our salad bar before opening other outlets.

Monica Lewis® Salad Bar, LLC is a family business that is owned by Monica Lewis and her immediate family members. Monica Lewis is a salad specialist, she has a B.Sc. in Food Science and a Diploma in Business Administration, with over 8 years’ experience in the restaurant and fast food industry.

Although the business is launching out with just one outlet in Savannah Georgia, but there is a plan to open other outlets all around Georgia and in key cities in the United States of America.

3. Our Products and Services

Monica Lewis® Salad Bar, LLC is in the salad bar industry to make profits and we will ensure we go all the way to make available a wide variety of salads and nonalcoholic drinks for our clients. We are prepared to make profits from the industry and we will do all that is permitted by the law in the United States to achieve our business goals, aim and objectives. Our product and service offerings are listed below;

  • Varieties of salads and dressing.
  • Food items such as cooked cold meats, (turkey, chicken, ham, or tuna), cooked beans (e.g., chick peas, garbanzo beans or kidney beans), boiled eggs, cottage cheese, cold pasta salads, tortilla chips, bread rolls, soup, and fresh cut fruit slices
  • Juice and smoothies
  • Coffee
  • Soft drinks

4. Our Mission and Vision Statement

  • Our vision is to become the go-to salad bar in Savannah – Georgia and to establish a one stop salad bar in other cities in the United States of America.
  • Our mission is to establish a salad bar business that will make available a wide variety of salad and nonalcoholic drinks to the residents of Savannah – Georgia and other cities in the United States of America where we intend opening of chains of salad bars.

Our Business Structure

Our intention of starting a salad bar business is to build a standard salad bar in Savannah – Georgia. Although our salad bar might not be as big as The Freund’s Sky Club Supper Club in Plover, Wisconsin and Hawaiian restaurant Chuck’s Steak House, but will ensure that we put the right structure in place that will support the kind of growth that we have in mind while setting up the business.

We will ensure that we hire people that are honest, customer centric and are ready to work to help us build a prosperous business that will benefit all our stakeholders. As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of ten years or more.

In view of that, we have decided to hire qualified and competent hands to occupy the following positions;

  • Chief Executive Officer (Owner)
  • Bar Manager
  • Human Resources and Admin Manager
  • Salad chefs
  • Sales and Marketing Manager
  • Information Technologist
  • Accountants/Cashiers
  • Waiters
  • Van Drivers
  • Cleaners

5. Job Roles and Responsibilities

Chief Executive Officer – CEO (Owner):

  • Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions
  • Responsible for fixing prices and signing business deals
  • Responsible for providing direction for the business
  • Creates, communicates and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
  • Responsible for signing checks and documents on behalf of the company
  • Evaluates the success of the organization

Admin and HR Manager

  • Responsible for overseeing the smooth running of HR and administrative tasks for the organization
  • Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products
  • Defines job positions for recruitment and managing interviewing process
  • Carries out induction for new team members
  • Responsible for training, evaluation and assessment of employees
  • Responsible for arranging travel, meetings and appointments
  • Oversees the smooth running of the daily office activities.

Bar Manager:

  • Responsible for managing the daily activities in the salad bar (kitchen inclusive)
  • Ensures that the bar facility is in tip top shape and conducive enough to welcome customers
  • Interfaces with third – party providers (vendors)
  • Handles purchases for the business
  • Attends to Customers complains and enquiries
  • Any other duty as assigned by the CEO

Salad chefs

  • Responsible for preparing varieties of salad and salad dressings
  • Responsible for preparing other food items such as cooked cold meats, (turkey, chicken, ham, or tuna), beans (e.g., chick peas, garbanzo beans or kidney beans), boiled eggs, cottage cheese, cold pasta salads, tortilla chips, bread rolls, soup, and fresh cut fruit slices
  • Responsible for carrying out all casual or unskilled jobs in the bar and kitchen
  • Responsible for packaging salads meant for delivery
  • Handles any other duty as assigned by the salad bar manager

Sales and Marketing Manager

  • Manages external research and coordinate all the internal sources of information to retain the organizations’ best customers and attract new ones
  • Models demographic information and analyze the volumes of transactional data generated by customer purchases
  • Identifies, prioritizes and reaches out to new partners, and business opportunities et al
  • Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of development projects.
  • Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
  • Develops, executes and evaluates new plans for increasing sales
  • Represents the company in strategic meetings
  • Helps to increase sales and growth for the company

Information Technologist

  • Manages the organization website
  • Handles ecommerce aspect of the business
  • Responsible for installing and maintenance of computer software and hardware for the organization
  • Manages logistics and supply chain software, web servers, e-commerce software and POS (point of sale) systems
  • Manages the organization’s CCTV
  • Handles any other technological and IT related duties

Accountant/Cashier:

  • Responsible for preparing financial reports, budgets, and financial statements for the organization
  • Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
  • Responsible for financial forecasting and risks analysis.
  • Performs cash management, general ledger accounting, and financial reporting
  • Accountable for developing and managing financial systems and policies
  • Responsible for administering payrolls
  • Ensures compliance with taxation legislation
  • Handles all financial transactions for the organization
  • Serves as internal auditor for the organization

Waiters 

  • Promptly attends to customers in a friendly and professional manner
  • Ensures that unoccupied tables are always set and ready for customers
  • Pulls out chairs for customers as they arrive
  • Handles any other duty as assigned by the Bar manager

Van Drivers

  • Delivers customer’s orders promptly
  • Delivers correspondence for the restaurant
  • Runs errand for the organization
  • Any other duty as assigned by the manager

Cleaners:

  • Responsible for cleaning the bar facility at all times
  • Ensures that toiletries and supplies don’t run out of stock
  • Handles any other duty as assigned by the bar manager

6. SWOT Analysis

Our plan of starting with just one outlet is to test run the business for a period of 3 to 5 years to know if we will invest more money, expand the business and then open other outlets all over Alabama and key cities in the United States.

We are quite aware that there are several salad bars all over Savannah – Georgia and even in the same location where we intend locating ours, which is why we are following the due process of establishing a business. We know that if a proper SWOT analysis is conducted for our business, we will be able to position our business to maximize our strength, leverage on the opportunities that will be available to us, mitigate our risks and be equipped to confront our threats.

Monica Lewis® Salad Bar, LLC employed the services of an expert HR and Business Analyst with bias in the restaurant and fast food line of business to help us conduct a thorough SWOT analysis and to help us create a Business model that will help us achieve our business goals and objectives.

This is the summary of the SWOT analysis that was conducted for Monica Lewis® Salad Bar, LLC;

  • Strength:

Our location, the business model we will be operating on, varieties of payment options, wide varieties of salads and nonalcoholic drinks and our excellent customer service culture will definitely count as a strong strength for Monica Lewis® Salad Bar, LLC. So also, we have a management team that has what it takes to grow a new business to profitability within record time.

  • Weakness:

A major weakness that may count against us is the fact that we are a new salad bar and we don’t have the financial capacity to compete with multi – million dollar salad bars like Smithfield Foods and Tyson Foods et al.

  • Opportunities:

The fact that we are going to be operating our salad bar in one of the busiest streets in Montgomery – Alabama, provides us with unlimited opportunities to sell our salads to a large number of people. We have been able to conduct thorough feasibility studies and market survey and we know what our potential clients will be looking for when they visit our salad bar.

  • Threat:

Just like any other business, one of the major threats that we are likely going to face is economic downturn. It is a fact that economic downturn affects purchasing/spending power. Another threat that may likely confront us is the arrival of a new salad bar or fast food restaurant in the same location where ours is located.

7. MARKET ANALYSIS

  • Market Trends

One of the obvious trends in the salad bar industry is that the industry has experienced a boost by rebounds in consumer spending and retailers have expanded the number of low-calorie options due to rising health concerns.

In this era when the online community is growing rapidly, you would do your salad bar business a whole lot of favor if you create an online presence. One of the easiest ways to get people to see you as an expert in your line of business is to blog constantly about salad.

You may also want to leverage on social media platforms like Instagram, Facebook, Twitter, and others to publicize your salad bar. You can as well open an online salad bar where people can place orders from your shop. You must ensure that your delivery system is efficient if you intend to do well with your online salad shop.

So also, in keeping consumers’ appetites satisfied, salad bar has created new menu options that capitalize on the increasing awareness of the health risks associated with high – fat diets. The industry has also thrived by developing products at price points attractive enough to weather the slow recovery, resulting in strong revenue growth.

8. Our Target Market

One thing about salad bars is that you can hardly find someone who doesn’t patronize them because salad is designed specifically for health conscious people.

In view of that, we have positioned our salad bar to service the residents of Savannah – Georgia and every other location where our salad bars will be located. We have conducted our market research and we have ideas of what our target market would be expecting from us.

We are in business to retail wide varieties of salads and nonalcoholic drinks to the following groups of people;

  • Event Planners
  • Vegetarians
  • Households
  • Schools
  • Corporate Executives
  • Business People
  • Sports Men and Women
  • Students
  • Tourists

Our competitive advantage

Just like most related industry, a close study of the salad bar industry reveals that the market has become much more intensely competitive over the last decade. As a matter of fact, you have to be highly creative, customer centric and proactive if you must survive in this industry. We are aware of the competition and we are prepared to compete favorably with other salad bars in Savannah – Georgia.

Monica Lewis® Salad Bar, LLC is launching a standard salad bar that will indeed become the preferred choice of residents of Savanah – Georgia. Our salad bar is located in a corner piece property on a busy road directly opposite one of the largest residential estates in Savannah – Georgia. We have enough parking spaces that can accommodate over 25 cars per time.

One thing is certain, we will ensure that we have wide varieties of salads and nonalcoholic drinks available in our bar at all times so that it will be difficult for customers to visit our salad bar and not make a purchase. One of our business goal is to make Monica Lewis® Salad Bar, LLC a one stop salad shop. Our excellent customer service culture, online store, various payment options and highly secured facility will serve as a competitive advantage for us.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry, meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives. We will also give good working conditions and commissions to freelance sales agents that we will recruit from time to time.

9. SALES AND MARKETING STRATEGY

  • Sources of Income

Monica Lewis® Salad Bar, LLC is in business to retail a wide variety of salads and nonalcoholic drinks to the residents of Savannah – Georgia. We are in the salad bars industry to maximize profits and we are going to go all the way out to ensure that we achieve or business goals and objectives.

Our source of income will be the retailing of the following products at affordable prices;

  • Varieties of salads and dressings
  • Food items such as cooked cold meats, (turkey, chicken, ham, or tuna), cooked beans (e.g., chick peas, garbanzo beans or kidney beans), boiled eggs, cottage cheese, cold pasta salads, tortilla chips, bread rolls, soup, and fresh cut fruit slices
  • Juice and smoothies
  • Coffee
  • Soft drinks

10. Sales Forecast

One thing is certain when it comes to salad bar business, if your bar is centrally positioned, you will always attract customers cum sales and that will sure translate to increase in revenue generation for the business.

We are well positioned to take on the available market in Savannah – Georgia and we are quite optimistic that we will meet our set target of generating enough profits from our first six months of operation and grow the business and our clientele base.

We have been able to critically examine the salad bars industry, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projections are based on information gathered on the field and some assumptions that are peculiar to startups in Savannah – Georgia.

  • First Fiscal Year: $220,000
  • Second Fiscal Year: $550,000
  • Third Fiscal Year: $950,000

N.B: This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown or any major competitor offering same products as we do within the same location. Please note that the above projection might be lower and at the same time it might be higher.

  • Marketing Strategy and Sales Strategy

Prior to choosing a location for Monica Lewis® Salad Bar, LLC, we conducted a thorough market survey and feasibility studies in order to penetrate the available market and become the preferred choice for residents of Savannah – Georgia. We have detailed information and data that we were able to utilize to structure our business to attract the numbers of customers we want to attract per time.

We hired experts who have good understanding of the salad bar industry to help us develop marketing strategies that will help us achieve our business goal of winning a larger percentage of the available market in Savannah – Georgia. In summary, Monica Lewis® Salad Bar, LLC will adopt the following sales and marketing approach to win customers over;

  • Open our salad bar in a grand style with a party for all.
  • Introduce our salad bar business by sending introductory letters alongside our brochure to schools, event planners, households and key stake holders in Savannah – Georgia
  • Ensure that we make wide varieties of salads and nonalcoholic drinks in our bar at all times.
  • Make use of attractive hand bills to create awareness and give direction to our salad bar
  • Position our signage / flexi banners at strategic places all around Savannah – Georgia
  • Position our greeters to welcome and direct potential customers
  • Create a loyalty plan that will enable us reward our regular customers
  • Engage in roadshows within our neighborhood to create awareness for our salad bar.

11. Publicity and Advertising Strategy

Monica Lewis® Salad Bar, LLC has a long – term plan of opening chains of salad bars in various locations all around Georgia and key cities in the United States which is why we will deliberately build our brand to be well accepted in Savannah before venturing out.

As a matter of fact, our publicity and advertising strategy is not solely for winning customers over but to effectively communicate our brand. Here are the platforms we intend leveraging on to promote and advertise Monica Lewis® Salad Bar, LLC;

  • Place adverts on community based newspapers, radio and TV stations
  • Encourage the use of word of mouth publicity from our loyal customers
  • Leverage on the internet and social media platforms like YouTube, Instagram, Facebook, Twitter, LinkedIn, Snapchat, Google+ and other platforms to promote our business.
  • Ensure that our we position our banners and billboards in strategic positions all around Savannah – Georgia
  • Distribute our fliers and handbills in target areas in and around our neighborhood
  • Advertise Monica Lewis® Salad Bar, LLC business in our official website and employ strategies that will help us pull traffic to the site
  • Brand all our official cars and delivery vans and ensure that all our staff members and management staff wear our branded shirt or cap at regular intervals

12. Our Pricing Strategy

Paying by weight of the materials in the salad is part of what is adopted by salad bars; this option is particularly common for carry-out sales. Many supermarkets also include a salad bar (for which customers pay by weight) in the produce or delicatessen section.

Pricing is one of the key factors that gives leverage to salad bars, it is normal for consumers to go to places where they can purchase salads at cheaper price which is why big players in the industry will continue to attract loads of consumers.

We know we don’t have the capacity to compete with bigger salad bars, but we will ensure that the prices of all the products that are available in our salad bar are competitive with what is obtainable amongst salad bars and related businesses within our level.

  • Payment Options

The payment policy adopted by Monica Lewis® Salad Bar, LLC is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options that Monica Lewis® Salad Bar, LLC will make available to her clients;

  • Payment with cash
  • Payment via credit cards / Point of Sale Machines (POS Machines)
  • Payment via online bank transfer
  • Payment via check
  • Payment via mobile money transfer

In view of the above, we have chosen banking platforms that will enable our client make payment for salad and nonalcoholic drinks purchase without any stress on their part. Our bank account numbers will be made available on our website and promotional materials to clients who may want to deposit cash or make online transfers for the purchase of our products.

13. Startup Expenditure (Budget)

If you are looking towards starting a salad bar business, then you should be ready to go all out to ensure that you raise enough capital to cover some of the basic expenditures that you are going to incur. The truth is that starting this type of business does not come cheap.

You would need money to secure a standard facility in a secure environment, pay your workforce and pay bills for a while until the revenue you generate from the business becomes enough to pay them. The items listed below are the basics that we would need tick when starting our salad bar business in the United States, although costs might vary slightly;

  • The total fee for registering the business in the United States of America – $750.
  • Legal expenses for obtaining licenses and permits as well as the accounting services (software, P.O.S machines and other software) – $1,300.
  • Marketing promotion expenses for the grand opening of Monica Lewis® Salad Bar, LLC in the amount of $3,500 and as well as flyer printing (2,000 flyers at $0.04 per copy) for the total amount of – $3,580.
  • The cost for hiring Business Consultant – $2,500.
  • The cost for insurance (general liability, workers’ compensation and property casualty) coverage at a total premium – $2,400.
  • The cost for payment of rent for 12 months at $1.76 per square feet in the total amount of $105,600.
  • The cost for construction of a standard salad bar and kitchen – $100,000.
  • Other start-up expenses including stationery ($500) and phone and utility deposits ($2,500).
  • Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $100,000
  • The cost for start-up inventory (supply of salad ingredients and other salad making utensils and packaging materials et al) – $80,000
  • Storage hardware (bins, rack, shelves, food case) – $3,720
  • The cost for counter area equipment (counter top, sink, ice machine, etc.) – $9,500
  • The cost for store equipment (cash register, security, ventilation, signage) – $13,750
  • The cost of delivery vans – $50,000
  • The cost for the purchase of furniture and gadgets (Computers, Printers, Telephone, TVs, Sound System, tables and chairs et al) – $4,000.
  • The cost of launching a website – $600
  • The cost for our opening party – $10,000
  • Miscellaneous – $10,000

We would need an estimate of two hundred and fifty thousand dollars ($250,000) to successfully set up our salad bar in the United States of America.

Generating Startup Capital for Monica Lewis® Salad Bar, LLC

Monica Lewis® Salad Bar, LLC is a private business that is solely owned and financed by Monica Lewis and her immediate family members. They do not intend to welcome any external business partners which is why she has decided to restrict the sourcing of the startup capital to 3 major sources.

These are the areas we intend generating our startup capital;

  • Generate part of the startup capital from personal savings
  • Source for soft loans from family members and friends
  • Apply for loan from the bank

N.B: We have been able to generate about $50,000 (Personal savings $30,000 and soft loan from family members $20,000) and we are at the final stages of obtaining a loan facility of $200,000 from our bank. All the papers and documents have been signed and submitted, the loan has been approved and any moment from now our account will be credited with the amount.

14. Sustainability and Expansion Strategy

The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and business structure. If all of these factors are missing from a business, then it won’t be too long before the business closes shop.

One of our major goals of starting Monica Lewis® Salad Bar, LLC is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running. We know that one of the ways of gaining approval and winning customers over is to retail our salad and soft drinks a little bit cheaper than what is obtainable in the market and we are prepared to survive on lower profit margin for a while.

Monica Lewis® Salad Bar, LLC will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner.

We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List/Milestone

  • Business Name Availability Check: Completed
  • Business Registration: Completed
  • Opening of Corporate Bank Accounts: Completed
  • Securing Point of Sales (POS) Machines: Completed
  • Opening Mobile Money Accounts: Completed
  • Opening Online Payment Platforms: Completed
  • Application and Obtaining Tax Payer’s ID: In Progress
  • Application for business license and permit: Completed
  • Purchase of Insurance for the Business: Completed
  • Leasing and remodeling the facility to fit into a standard salad bar: In Progress
  • Conducting Feasibility Studies: Completed
  • Generating capital from family members: Completed
  • Applications for Loan from the bank: In Progress
  • Writing of Business Plan: Completed
  • Drafting of Employee’s Handbook: Completed
  • Drafting of Contract Documents and other relevant Legal Documents: In Progress
  • Design of The Company’s Logo: Completed
  • Printing of Packaging and Promotional Materials: In Progress
  • Recruitment of employees: In Progress
  • Purchase of the needed furniture, racks, shelves, computers, electronic appliances, office appliances and CCTV: In progress
  • Creating Official Website for the Company: In Progress
  • Creating Awareness for the business both online and around the community: In Progress
  • Health and Safety and Fire Safety Arrangement (License): Secured
  • Opening party / launching party planning: In Progress
  • Compilation of our list of products that will be available in our shop: Completed
  • Establishing business relationship with vendors – suppliers of salad ingredients, coffees and soft drinks: In Progress
Joy Nwokoro
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