HA442 : The Class : Restaurant Business Plan : Competition : Competition |
Read pages 40 - 43
Your competition can be a good source of information on what works and what does not in your area. I am not suggesting you produce a carbon copy of your competition but hopefully you can learn from their examples. Monitoring of competition is an on-going process. New competition comes and goes competitors change prices and menus requiring you to evaluate them regularly as they evaluate you.
Answer the following questions, explained on pages 41-42
To complete this Topic successfully, please complete the following activities in the order shown below:
ASSIGNMENT 1: Answer the questions in the assignment<Look at the potential competition
Go on to Break-even Analysis
or
Go back to Restaurant Business Plan
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