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Entrepreneurial and Small Business Operations Commons™
Open Access. Powered by Scholars. Published by Universities.®
University of Nevada, Las Vegas
Business failures; Business planning; Restaurant management; Restaurants – Finance
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Sunshine Café: A Breakfast Restaurant Business Plan, Lillian I. Burrow
Sunshine Café: A Breakfast Restaurant Business Plan, Lillian I. Burrow
UNLV Theses, Dissertations, Professional Papers, and Capstones
Purpose:
The purpose of this paper is to create a business plan for the SunShine Café. While the commonly known statistic of 90% of restaurants fail within the first year is false, approximately 60% of restaurants do fail within their first three years of operation (Parsa, Self, Njite, & King, 2005). The problem for entrepreneurs starting a restaurant is how does one reduce this risk of failure.
One way to minimize this risk is to create a business plan. Thus the main objective of this paper is to create a business plan that will not only help the restaurant develop …