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Amen Ahmed Amen Ahmed ISDS 4113, Pawlowski Project B Saveur Montage Startup Saveur Startup Project Montage

Description

4/23/13

This project is a joint partnership between Jack Ahmed and myself to startup a new restaurant hereinafter called Saveur Montage. Together we will manage the planning, formation, structuring, and operation of said business. We will begin by selecting 3 to 5 locations that we would like to operate at. We will then hire a team to conduct a research of the market in each area then select a location. The selected location will be inspected to insure proper wiring and to insure that the building meets all restaurant requirements in the local area. We will follow up with a business plan and a determination of financial needs to get the business started. We will then obtain a government backed loan $200,000 of which will be used to purchase the building. We will then determine the legal structure of the business, LLC, and file all required documentation. We will hire a business attorney and qualified accounting to help in managing the startup of the business as well as the everyday business operations once operation begins. Once the EIN is obtained, we will begin advertising online for available positions. We will apply for all licenses and hire a designer to create a relaxed, French style restaurant environment. Once all equipment and stock is purchased, we will hire a trainer and begin hiring and training staff. Also, a band will be hiring to play, at the very least, opening night. Adds will be purchased to be aired for approximately two weeks before the grand opening/ribbon cutting of Saveur Montage.

Amen Ahmed ISDS 4113, Pawlowski Amen Ahmed Project B Saveur Montage Startup Saveur Montage Startup Project Scope Statement

4/23/13

Project Objective To plan and implement a restaurant startup business plan within 4 months and not to exceed $320,000. Deliverables Business plan. Government backed loan. Building for business operations. Registered and licensed restaurant business. Qualified representation and legal structure. Staff of qualified cooks, waiters, and greeters. Milestones 1. Decide on restaurant concept - July 18 2. Find financing August 2 3. Determine legal structure August 29 4. Get licensed September 23 5. Prepare restaurant September 25 6. Grand Opening November 25 Technical Requirements 1. Building must meet all restaurant codes. 2. Restaurant must pass Food and Drug Administration (FDA) inspection. 3. All equipment must fit in restaurant with proper spacing including kitchen equipment, tables, chairs, and bar. Limits and Exclusions None. Project managed by partners/owners. Customer Review Amen Ahmed and Yasar Ahmed

Amen Ahmed ISDS 4113, Pawlowski Project B Amen Montage Ahmed Startup Saveur Saveur Montage Startup Project Priorities Matrix
Time Constrain Scope Cost

4/23/13

Enhance

Accept

Amen Ahmed ISDS 4113, Pawlowski Project B Saveur Montage Startup


Amen Ahmed Saveur Montage Startup Risk Assessment Matrix Risk Event Failed Building Inspection Denied Loan DBA name taken EIN not approved/obtained on time Low number of hires Likelihood 3 1 3 2 Impact 5 3 3 1 Detection Difficulty 4 2 3 3

4/23/13

When After inspection After loan application During DBA registration Two weeks after applying After interviews

1= low, 5=high

Amen Ahmed ISDS 4113, Pawlowski Project B Saveur Montage Startup

4/23/13

Amen Ahmed Saveur Montage Startup Risk Response Matrix


Risk Event Failed building inspection Response Avoid Contingency Plan Select second building of choice Trigger Failed inspection report received On receiving loan denial notice When notified at time of DBA registration Upon date designated to apply for liquor and food service license Low number of hires one week before opening Who Is Responsible Jack

Denied loan

Avoid

Get co-signer for loan Select new name

Jack

DBA name taken

Avoid

Amen

EIN not approved/obtained on time

Retain

Write Applied For and date applied on all documentation requiring EIN Hire temps

Amen

Low number of hires

Transfer

Jack, Amen

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