Xavi's Business 2
Xavi's Business 2
Xavi's Business 2
Xavi’s Steakhouse
1
Contents
Executive summary...................................................................................................3
Business Description.................................................................................................4
Mission statement......................................................................................................6
Vision Statement.......................................................................................................6
Organizational chart..................................................................................................7
Core values and believes...........................................................................................8
Management Plan......................................................................................................9
Job roles and responsibility..................................................................................10
SWOT ANALYSIS ................................................................................................11
2
Executive summary
3
Business description
Mission statement
Our mission is to be the best of the best and bring delicious food to the customers
and provide amazing service. We want people to come back to us not because we
are a fancy restaurant, but for the comfort we make you feel, and for whenever you
want to eat delicious steak you can come anytime. We want them to feel satisfied
after eating at Xavi’s Steakhouse and full stomach and with desire to return.
Coming in our restaurant will truly let you remember the food you ate with
temptation to come back the very next day. And we have a slogan that goes like
“steak so good you don’t want to make your own steak ever again”
Vision Statement
We see ourselves very successful in the future if everything goes the way it is
supposed to go. We know there will be obstacles, but we are sure we will go
through it. We plan to go worldwide soon and hopefully be successful and let
everyone know about us and what Aruban chefs can do.
4
Core values and believes
Integrity
Being truthful, sincere, and upfront with everyone you interact with.
Passion
Love and believe in what you do.
Innovation
Challenge yourself, think creatively, and constantly evolve.
Success
Create a memorable experience for our Guests and each other.
Keys to success
1. Having a manager pass by every table in the dining room every night to
greet, visit, or at least make eye contact with (with a smile) our customers.
2. Our commitment to the success and happiness of our staff
3. Our commitment to always providing excellent quality food and beverages
Providing service as good as our steaks means attracting, hiring, and developing
the industry’s top talent. It also means providing clear opportunities for
advancement, which is why we invest in training, coaching, leadership
development programs and professional growth opportunities, creating a culture
for talent to flourish.
5
Industry Analysis
Target Market and customers
Xavi’s steakhouse targets everyone that loves to eat steak, so that would include
every age and gender. Everyone is welcomed here to enjoy the fine steak that we
put on the table for you. But we always want a larger market for us to use money in
maybe the business itself or for company benefits.
Market Analysis
Xavi’s steakhouse is going to do well we hope, we target every type of customers
one thing that is obvious is that tourists are the bigger clients than locals, because
tourist are going to eat way more here than locals. We don’t have many
competitions because there aren’t many steakhouses in Aruba. There are and their
good but let’s not compare them to ours. Our prices are fair for what you get.
6
SWOT analysis
Strengths
Steakhouses typically generate substantial gross margins from their sales of American focused cuisine. If the
business has a liquor license than the gross profits and net profits of the business can be substantially boosted
over a over the life of the business. These businesses are moderately immune to negative changes in the
economy once established and once they have an existing base of corporations that will frequently entertain
clients and business partners at these locations. The operating costs are considered high, but the gross margins
to ameliorate these risks.
Weakness
The operating costs are high and as such the entrepreneur is going to need to keep a very close eye on
inventory acquisitions, payroll expenses, and related expenses to the operations of the steakhouse facility.
Additionally, there usually another handful of companies that offer the same type of steak and American
cuisine of that of this type of business.
Opportunities
One of the ways that steakhouses can rapidly expand the revenues is through offering catering services to
the public. In some cases, these businesses can provide commercial kitchen services so that large-scale
caterers, event planners, and venues can place large orders for the delivery of prepared meals. This can be one
of the amazing ways to increase the business during its first five years of operation. Also, many steakhouses
that have become very popular will seek to develop a second location usually after the third year of profitable
operation.
Threads
Steakhouses have been around for several hundreds of years, and people will continue to go to restaurants –
there are very few ongoing risks and threats as it relates to a steakhouse. Of course, the owner needs to keep a
very close eye on the economy as well as underlying inventory input costs, namely beef, in order to ensure that
pricing is accurate that will allow for the business to remain profitable. Additionally, safe food handling
techniques are always a threat for any business given that if someone becomes ill this can create a liability for
restaurant. However, by implementing several procedures and protocols as it relates to the safe handling of
food these risks are brought down to a minimal level.
A steakhouse can be a fun and exciting type of restaurant to own and operate. The only real risk in running
these operations outside of competition from other local restaurants is a major economic recession that would
change the way that a steakhouse conducts business as it relates to their pricing.
7
Organizational chart
Owners
General manager
8
Management Plan
Qualification of Management Team
Education Education
EPI EPI
Miami Culinary institute Le Cordon Bleu
Experience Experience
2 years chef de partie at windows on Aruba 2 years sous chef at exelencia catering
restaurant
3 years restaurant manager at L.G Smith
2 years executive chef at Chris Ruth’s steak and chop house
steakhouse
Languages
Languages Papiamento
Papiamento English
English Spanish
Spanish Dutch
Dutch
9
Job roles and responsibility
Restaurant Manager:
Responsible for managing the daily activities in the restaurant
Ensure that the restaurant facility is in tip top shape and conducive enough to welcome
customers
Interfaces with third – party providers (vendors)
Attends to Customers complains and enquiries
Prepares budget and reports for the organization
Waiters / Waitress:
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
Any other duty as assigned by the restaurant manager
We require our waiters to have a thorough and comprehensive understanding of the menus,
ingredients, and methods of preparation of all of our foods and beverages. We train our staff to
always describe and recommend items, even to regular customers, and to always upsell. The
key to a server’s success in upselling is the realization that it almost always brings in better tips
because the checks are higher.
10
Marketing Plan
We intend to maintain a extensive marketing campaign that will ensure maximum
visibility for the business in its location. Below is an overview of the marketing
strategies and objectives that we will use.
Marketing objectives
1. Implement a local campaign with the company’s targeted market via the use
of the internet, social media, local newspaper and word to mouth advertising
2. Hire a public relations firm to provide reviews and articles about the
Company’s grand opening.
Target Market:
Xavi’s Steak house is targeting mostly couples, adults from 25 years old till 60+
year old, also the tourists that are visiting the Island.
11
Marketing materials
Business card:
Location:
palm beach 69
Phone:
582-0175
Website:
Xavissteakhouse.com
Logo:
12
Opening Flyer:
13
Come enjoy high quality food with
your family at our new Restaurant
Grand Opening
this Friday at
6pm!!
Alcoholic drinks
10% off
14
Menu:
15
16