In 2001, Sakae opened its first overseas outlet in Thailand, a joint venture with a Thai food company and other local partners.
Recommendations Introduction Sushi is a Japanese specialty that consists of boiled vinegar rice wrapped around by a sheet of seaweed usually dry seaweed. 2022. [emailprotected]jcu. This work "Sakae sushi business plan" was written and submitted voluntarily by your fellow student. The majority of sushi dishes were priced at S$1. of a product. He also introduced Sakae Delivery that enabled people to even order sushi at their home by calling Sakae Sushi directly. Thus the capital required to open every new branch is different and may vary from places to places and from time to time. japan-guide. The outlet did not to well because of tougher times and they have since then shut down their operations in USA. This is important to ensure that feedback is obtained for fine-tuning the Plan. Overview of the Industry 3. One can use the bamboo mat for making the sushi roll (Japan-guide. New full-time operations staff, for their F; B outlets and, those of the franchises is sent to ITE-certified On-The-Job Training ( OJT) schools to be trained by Sakae Sushis special OJT trainers. Their aim is to provide their customers with unique, hassle-free dining experience at Sakae Sushi restaurants. Retrieved March 9, 2010, from Factiva. Apex-Pals food businesses, of which Sakae is the flagship brand, represented over 95% of the companys revenues. In 2003, Sakaes parent company Apex-Pal was listed on the Singapore Stock Exchange. (2008, 05 31). NSW, Australia: Pearson Education Australia. 81 Net assets per share11. Douglas Foos ambition is to turn Sakae into a major food franchise and to be considered as the McDonalds of sushi worldwide. MR. CHAN WING LEONG (Independent Director) Mr. Chan Wing Leong was appointed as an Independent Director on 30 April 2005. Business Times. Next ingredient is Nori, which is basically black seaweed wrappers; it is a type of algae very common in the harbors of Japan. For the regular dishes, the staff can immediately identify plates, which have been on the Kaiten (conveyor belt) for too long using our color-coded system. Capons marketing framework, Wessex Publishing. 64)2. 272-276). May 8, 2022. https://nerdyseal.com/sakae-sushi-business-plan/. 672, 909. Funding Request and Exit Strategy In December 2007, Sakae opened its first outlet in the United States at the Chrysler Building in New York, its 61st outlet worldwide. Also discussed here are the various products and services offered at Sakae Sushi and the methods implemented by them to promote and advertise their brand to the masses. Promotion comprises of elements such as:advertising,public relations,personal sellingandsales promotion. Obtain feedback from staff in order to ensure that responsibilities and duties are understood, particularly those that require dependency on others actions (The Contingency Planning Guide, 2002). 8 million, in 2008 due to rising rentals, salaries and commodity costs. The card not only gives bonus value, but it also can be used to avail discounts and other promotions from Sakae Sushi outlets, this keeps the customers craving for more and more new delicacies and keeping a look at new offerings. It not only requires creativity but also innovation at its best, so that whatever hard work is put in is reflected by the craving the customers have for their sushi (Lovelock, 2007). Maintaining the Plan. * Selecting, appointing, supporting and reviewing the performance of thecompany. 5818. The use of any parts of the work without proper citation is forbidden. Sushi. Expenses and Capital Requirements 13. If you have any idea how best to write about Sakae sushi business plan, please contact us immediately. In a stock corporation, the stockholders elect the board and it is the highest management authority of a company. Main motive of any company is to earn profits and this can only be achieved by boosting sales, and to boost sales it is very important to come up with fancy promotions and schemes so that the customers are lured into indulging themselves with the products offered by the company.
Since Singapore is an island one of the major risk factors can be floods. For the financial year ended 31 December 2009, the Group reported revenue of SGD88. They also offer burgers and pastas so that they can expand their target market customers and let more people crave for mouth-watering delicacies (Lovelock, 2007). 557. For example oshi-zushi, which is made by pressing fish onto the sushi rice in a wooden box, inari-zushi is a very simple and most inexpensive type of sushi in which the rice is filled into deep fried tofu, chirashi-zushi is another variety of sushi in which seafood, mushrooms and vegetables are added over the sushi rice (Japan-guide. You can use our samples to gather new ideas, get inspiration, check out a particular paper's structure, familiarize yourself with a citation style, or collect resources for research. Weaknesses The business structure is highly complex in terms of operations and the cost of maintenance is also high. Many foreigners visiting Singapore were in search of great ambience and good quality fine dining cuisine, which was served at Sakae Sushi and the hospitality of the staff at Sakae sushi made their customers visit them more often and also recommend them to their fellow colleagues and friends. BU2005 Entrepreneurship Sakae Sushi Business Plan By: Lu Mi (12668064) Zhou Ke Jun (12618536) Aditya Nandal (1266) Mayank Bhardwaj(12669440) mayank. * In countries like North Korea, they should find local partners to work out a good franchising option. 8 million and net profit of SGD3. Retrieved 4 5, 2012, from ir. "Sakae sushi business plan."
MR. ANDY ONG SIEW KWEE (Independent Director) Mr. Andy Ong Siew Kwee was also appointed as Sakae Sushis Independent Director on 14 July 2003. All three orientations need to go hand in hand so as to achieve golden success for any firm and this is exactly the case of Sakae Sushi. May 8, 2022. https://nerdyseal.com/sakae-sushi-business-plan/. com. sg/apexpal/pages/doc/apexpal_ipo_prospectus. Mr. Ong is the CEO of ERC Holdings Pte Ltd. ERC is a leading player in theeducationindustry in Asia. Mr. Douglas Foo would never have imagined that taking a gamble of launching his business during tough times would have paid of so much and help him reach such heights, as during the times of recession it is always very hard to enter a new market and sustain in the market, but hishard workalong with the compassion and commitment of his colleagues and their dream of becoming the best in the business not only allowed the business to flourish during hard times but in due course it also became one of the most famous and trusted restaurant in qSingapore and also in different parts of Asia. Expenses and Capital Requirements The main expenses of Sakae sushi are the purchase of the raw materials from its suppliers. She is also responsible for the consultancy, maintenance and research and development work for all IT-related matters of the Group. Everyone should be kept abreast of such changes that affect their duties (The Contingency Planning Guide, 2002). (2000). May 8, 2022. https://nerdyseal.com/sakae-sushi-business-plan/. Mr. Foo being a great Entrepreneur spotted the difficulties early on during the financial crisis and he finally decided to shut down operations at the Chrysler building in New York.
Balance Sheet 14. Promotion Promotion represents the methods ofcommunicationthat a marketer may use to provide information to different parties about his product. Retrieved March 9, 2010, from Factiva. 172, 107. A profit of S$2. We'll write a high-quality original custom paper on, https://nerdyseal.com/sakae-sushi-business-plan/, Sushi retraurant business plan assignment, Analysis of the mcdonalds business corporation commerce essay, Marketing analysis of apex pal international marketing essay, A red or blue ocean strategy marketing essay. All members of the service staff are trained with the necessary skills and menu knowledge to provide a consistent level of customer service and to assist our customers in food selection as and when called upon to do so. 8312. The OJT schools have been certified by ITE to be able to conduct OJT for our staff working in their F; B outlets. Their customers love the availability of different desserts with several fruity flavors and they are even healthy. 1 million, a decline of $6. finanznachrichten. com, 2008). Sakae Sushi outlets in Singapore are located at strategically important and accessible places, so that their customers need not walk miles in search for good food. By introducing Sakae Signatures, Sakae Buffet and Sakae Lunch Mix N Match, etc. Market/Product Positioning Sakae sushi not only serves sushi but it also has a variety of products that were introduced by Mr. Foo to maintain domination in the market. In Dalrymple, D. J. , Parsons, L. J. , Basic Marketing Management (pp. The first important milestone is about dealing with the aftermath of a disaster. In 2001 Sakae Sushi opened its first Drive through restaurant in Trade Hub 21 in Jurong east MRT station. The company returned to making profit in 2009, posting a S$3. In the year 2011 Sakae Sushi spent around S$40, 000, 000 on the property, plant and equipment. This has revolutionized the service industry. Global economic crisis occurred in 2008 and Sakae found its margins reduced by high prices for commodities such as rice and vegetables. (2004, February 9). Capon, N. , 2009. 3 million (Theresianto, 2008). Sakae introduced cost cutting measures such as finding new food suppliers, minimizing waste and tightening other operational practices. 1790, 058. 3 million in 2007 was followed by a net loss of S$3. The next stage is to determine which business functions need to be resumed. sakaesushi. This standard of freshness is maintained through a color-coding system. Impact Assessment One of the first tasks to be undertaken is to prepare a comprehensive list of serious issues that can affect the normal operations of a business. Mr. Douglas Foo and other members of the management team were able to address all three orientations very well and were able to create such a brand in Singapore that now has operations in some of the major economies of Asia. Shareholders equity stood at $27. 741. 2 million as at 31 December 2011 (Full YearFinancial StatementAnd Dividend Announcement {n. d. }). au Executive Summary This report provides an analysis and evaluation of the current and prospective marketing, sales strategy, target customers, production cost, expenses and capital requirements of Sakae Sushi. 1. This report talks about the methods implemented by Sakae Sushi to attract customers during the time of the Asian financial crisis.
Recommendations Introduction Sushi is a Japanese specialty that consists of boiled vinegar rice wrapped around by a sheet of seaweed usually dry seaweed. 2022. [emailprotected]jcu. This work "Sakae sushi business plan" was written and submitted voluntarily by your fellow student. The majority of sushi dishes were priced at S$1. of a product. He also introduced Sakae Delivery that enabled people to even order sushi at their home by calling Sakae Sushi directly. Thus the capital required to open every new branch is different and may vary from places to places and from time to time. japan-guide. The outlet did not to well because of tougher times and they have since then shut down their operations in USA. This is important to ensure that feedback is obtained for fine-tuning the Plan. Overview of the Industry 3. One can use the bamboo mat for making the sushi roll (Japan-guide. New full-time operations staff, for their F; B outlets and, those of the franchises is sent to ITE-certified On-The-Job Training ( OJT) schools to be trained by Sakae Sushis special OJT trainers. Their aim is to provide their customers with unique, hassle-free dining experience at Sakae Sushi restaurants. Retrieved March 9, 2010, from Factiva. Apex-Pals food businesses, of which Sakae is the flagship brand, represented over 95% of the companys revenues. In 2003, Sakaes parent company Apex-Pal was listed on the Singapore Stock Exchange. (2008, 05 31). NSW, Australia: Pearson Education Australia. 81 Net assets per share11. Douglas Foos ambition is to turn Sakae into a major food franchise and to be considered as the McDonalds of sushi worldwide. MR. CHAN WING LEONG (Independent Director) Mr. Chan Wing Leong was appointed as an Independent Director on 30 April 2005. Business Times. Next ingredient is Nori, which is basically black seaweed wrappers; it is a type of algae very common in the harbors of Japan. For the regular dishes, the staff can immediately identify plates, which have been on the Kaiten (conveyor belt) for too long using our color-coded system. Capons marketing framework, Wessex Publishing. 64)2. 272-276). May 8, 2022. https://nerdyseal.com/sakae-sushi-business-plan/. 672, 909. Funding Request and Exit Strategy In December 2007, Sakae opened its first outlet in the United States at the Chrysler Building in New York, its 61st outlet worldwide. Also discussed here are the various products and services offered at Sakae Sushi and the methods implemented by them to promote and advertise their brand to the masses. Promotion comprises of elements such as:advertising,public relations,personal sellingandsales promotion. Obtain feedback from staff in order to ensure that responsibilities and duties are understood, particularly those that require dependency on others actions (The Contingency Planning Guide, 2002). 8 million, in 2008 due to rising rentals, salaries and commodity costs. The card not only gives bonus value, but it also can be used to avail discounts and other promotions from Sakae Sushi outlets, this keeps the customers craving for more and more new delicacies and keeping a look at new offerings. It not only requires creativity but also innovation at its best, so that whatever hard work is put in is reflected by the craving the customers have for their sushi (Lovelock, 2007). Maintaining the Plan. * Selecting, appointing, supporting and reviewing the performance of thecompany. 5818. The use of any parts of the work without proper citation is forbidden. Sushi. Expenses and Capital Requirements 13. If you have any idea how best to write about Sakae sushi business plan, please contact us immediately. In a stock corporation, the stockholders elect the board and it is the highest management authority of a company. Main motive of any company is to earn profits and this can only be achieved by boosting sales, and to boost sales it is very important to come up with fancy promotions and schemes so that the customers are lured into indulging themselves with the products offered by the company.
Since Singapore is an island one of the major risk factors can be floods. For the financial year ended 31 December 2009, the Group reported revenue of SGD88. They also offer burgers and pastas so that they can expand their target market customers and let more people crave for mouth-watering delicacies (Lovelock, 2007). 557. For example oshi-zushi, which is made by pressing fish onto the sushi rice in a wooden box, inari-zushi is a very simple and most inexpensive type of sushi in which the rice is filled into deep fried tofu, chirashi-zushi is another variety of sushi in which seafood, mushrooms and vegetables are added over the sushi rice (Japan-guide. You can use our samples to gather new ideas, get inspiration, check out a particular paper's structure, familiarize yourself with a citation style, or collect resources for research. Weaknesses The business structure is highly complex in terms of operations and the cost of maintenance is also high. Many foreigners visiting Singapore were in search of great ambience and good quality fine dining cuisine, which was served at Sakae Sushi and the hospitality of the staff at Sakae sushi made their customers visit them more often and also recommend them to their fellow colleagues and friends. BU2005 Entrepreneurship Sakae Sushi Business Plan By: Lu Mi (12668064) Zhou Ke Jun (12618536) Aditya Nandal (1266) Mayank Bhardwaj(12669440) mayank. * In countries like North Korea, they should find local partners to work out a good franchising option. 8 million and net profit of SGD3. Retrieved 4 5, 2012, from ir. "Sakae sushi business plan."
MR. ANDY ONG SIEW KWEE (Independent Director) Mr. Andy Ong Siew Kwee was also appointed as Sakae Sushis Independent Director on 14 July 2003. All three orientations need to go hand in hand so as to achieve golden success for any firm and this is exactly the case of Sakae Sushi. May 8, 2022. https://nerdyseal.com/sakae-sushi-business-plan/. com. sg/apexpal/pages/doc/apexpal_ipo_prospectus. Mr. Ong is the CEO of ERC Holdings Pte Ltd. ERC is a leading player in theeducationindustry in Asia. Mr. Douglas Foo would never have imagined that taking a gamble of launching his business during tough times would have paid of so much and help him reach such heights, as during the times of recession it is always very hard to enter a new market and sustain in the market, but hishard workalong with the compassion and commitment of his colleagues and their dream of becoming the best in the business not only allowed the business to flourish during hard times but in due course it also became one of the most famous and trusted restaurant in qSingapore and also in different parts of Asia. Expenses and Capital Requirements The main expenses of Sakae sushi are the purchase of the raw materials from its suppliers. She is also responsible for the consultancy, maintenance and research and development work for all IT-related matters of the Group. Everyone should be kept abreast of such changes that affect their duties (The Contingency Planning Guide, 2002). (2000). May 8, 2022. https://nerdyseal.com/sakae-sushi-business-plan/. Mr. Foo being a great Entrepreneur spotted the difficulties early on during the financial crisis and he finally decided to shut down operations at the Chrysler building in New York.
Balance Sheet 14. Promotion Promotion represents the methods ofcommunicationthat a marketer may use to provide information to different parties about his product. Retrieved March 9, 2010, from Factiva. 172, 107. A profit of S$2. We'll write a high-quality original custom paper on, https://nerdyseal.com/sakae-sushi-business-plan/, Sushi retraurant business plan assignment, Analysis of the mcdonalds business corporation commerce essay, Marketing analysis of apex pal international marketing essay, A red or blue ocean strategy marketing essay. All members of the service staff are trained with the necessary skills and menu knowledge to provide a consistent level of customer service and to assist our customers in food selection as and when called upon to do so. 8312. The OJT schools have been certified by ITE to be able to conduct OJT for our staff working in their F; B outlets. Their customers love the availability of different desserts with several fruity flavors and they are even healthy. 1 million, a decline of $6. finanznachrichten. com, 2008). Sakae Sushi outlets in Singapore are located at strategically important and accessible places, so that their customers need not walk miles in search for good food. By introducing Sakae Signatures, Sakae Buffet and Sakae Lunch Mix N Match, etc. Market/Product Positioning Sakae sushi not only serves sushi but it also has a variety of products that were introduced by Mr. Foo to maintain domination in the market. In Dalrymple, D. J. , Parsons, L. J. , Basic Marketing Management (pp. The first important milestone is about dealing with the aftermath of a disaster. In 2001 Sakae Sushi opened its first Drive through restaurant in Trade Hub 21 in Jurong east MRT station. The company returned to making profit in 2009, posting a S$3. In the year 2011 Sakae Sushi spent around S$40, 000, 000 on the property, plant and equipment. This has revolutionized the service industry. Global economic crisis occurred in 2008 and Sakae found its margins reduced by high prices for commodities such as rice and vegetables. (2004, February 9). Capon, N. , 2009. 3 million (Theresianto, 2008). Sakae introduced cost cutting measures such as finding new food suppliers, minimizing waste and tightening other operational practices. 1790, 058. 3 million in 2007 was followed by a net loss of S$3. The next stage is to determine which business functions need to be resumed. sakaesushi. This standard of freshness is maintained through a color-coding system. Impact Assessment One of the first tasks to be undertaken is to prepare a comprehensive list of serious issues that can affect the normal operations of a business. Mr. Douglas Foo and other members of the management team were able to address all three orientations very well and were able to create such a brand in Singapore that now has operations in some of the major economies of Asia. Shareholders equity stood at $27. 741. 2 million as at 31 December 2011 (Full YearFinancial StatementAnd Dividend Announcement {n. d. }). au Executive Summary This report provides an analysis and evaluation of the current and prospective marketing, sales strategy, target customers, production cost, expenses and capital requirements of Sakae Sushi. 1. This report talks about the methods implemented by Sakae Sushi to attract customers during the time of the Asian financial crisis.