kitchenguru , inc

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KITCHENGURU, INC. Introduction to Business Business Plan Presentation A. Hirsch, J. Palumbo, F. Schmick, T. Scholl

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KitchenGuru , inc. Introduction to Business Business Plan Presentation A. Hirsch, J. Palumbo, F. Schmick , T. Scholl. Vision and Mission. Premier manufacturer of specialty cutlery Extensive R&D Reasonable, affordable price Consumer convenience Fair wages Appropriate benefits - PowerPoint PPT Presentation

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Page 1: KitchenGuru , inc

KITCHENGURU, INC.Introduction to BusinessBusiness Plan PresentationA. Hirsch, J. Palumbo, F. Schmick, T. Scholl

Page 2: KitchenGuru , inc

VISION AND MISSION Premier manufacturer of specialty cutlery Extensive R&D Reasonable, affordable price Consumer convenience Fair wages Appropriate benefits Charitable events Support community

Page 3: KitchenGuru , inc

COMPANY OVERVIEW C - Corporation Elysburg, Pennsylvania Objectives:

Superiority Safe, friendly work environment Charity Fair, ethical, moral

Page 4: KitchenGuru , inc

TWO-IN-ONE KNIFE GRATER Personal/professional/commerical

Ergonomic, safe, sterile stainless steel

Many uses!!

Quality good

Disclosure statement

Page 5: KitchenGuru , inc
Page 6: KitchenGuru , inc

MARKETING PLAN 5 Ps of marketing plano Producto Priceo Placeo Promotiono PEOPLE

Page 7: KitchenGuru , inc

MARKETING PLAN Product – 2-1-knife grater

Price – depends on the demandDemand = Price

Demand =

Price

Page 8: KitchenGuru , inc

MARKETING PLANPlace- sold directly from warehouse

to consumers

~ TV ad or internet

Promotions – advertisements & infomercialssales during the holidays

PEOPLE – target market anyone who cooks or prepares food

Page 9: KitchenGuru , inc

MARKETING PLAN Needs to attract customers

Live demonstrations

Build relationship between customer and company

One is satisfied they will pass on the good business

Service team is polite

Page 10: KitchenGuru , inc

MARKETING PLAN Competition

Over other knives

Over other graters

Other objects that perform 2 skills at one time

Page 11: KitchenGuru , inc

MANAGEMENT PLAN Management of KitchenGuru is in charge of

Planning out business

Organizing each department

Leading company to be a success

Overseeing all aspects of business

Page 12: KitchenGuru , inc

MANAGEMENT PLAN 5 building blocks of controlling a business

Centralization of decision making

Division of labor

Departmentalization

Managerial hierarchy

Span of control

Page 13: KitchenGuru , inc

MANAGEMENT PLAN ~division of labor- splitting work

~ departmentalization- grouping jobs together so responsibilities can be matched

~ managerial hierarchy – top, middle, supervisory

Page 14: KitchenGuru , inc

MANAGEMENT PLAN

~span of control# of employees each manager directly looks over

~centralization of decision makinglevel from authority is designated to one area

Page 15: KitchenGuru , inc

HUMAN RESOURCE PLAN In charge of

HiringDevelopingMotivatingEvaluatingCompensating

*Employees are the key to a successful business*

Page 16: KitchenGuru , inc

HUMAN RESOURCE PLAN 73 employees

President- Tawnya Scholl

Vice President- Felicia Schmick

Secretary- Allison Hirsch

Treasurer- Jaclyn Palumbo

Next managers for marketing, finance and manufacturing

Page 17: KitchenGuru , inc

HUMAN RESOURCE PLANUnder the top manager positions are the middle

management and then supervisor managers

~marketing- human resource, sales and customer service managers

~financial- accounting manager

~manufacturing- production and inventory managers

Under the supervisor managers are the employees

Page 18: KitchenGuru , inc

HUMAN RESOURCE PLANEmployee selection process

o Initial screening

o Interview

o Background check/physicals

o Decision to hire

Page 19: KitchenGuru , inc

HUMAN RESOURCE PLAN

Recruiting~job fairs ~internet~social networking

Training~manager – higher level skills &

training~middle manager- on the job training

and classes~employees- on the job training

Page 20: KitchenGuru , inc

HUMAN RESOURCE PLAN MOTIVATING employees

Weekly paycheck w/ fair wages

Incentive pay

Bonus- profit-sharing, stock options

Paid holidays, health care, pension, vacations

Page 21: KitchenGuru , inc

HUMAN RESOURCE PLAN MOTIVATING employees cont.

Unemployment and worker’s compensation

Job enlargement and enrichment

Can freely go on family emergencies

Employee empowerment

Page 22: KitchenGuru , inc

OPERATING PLAN Use mass production as our production

processProgram Evaluation and Review Technique (PERT)

Quality and Production must go hand in hand

The management's goal is to keep down the costs of ordering and holding inventories while at the same time maintaining enough

Page 23: KitchenGuru , inc

FINANCIAL PLAN We each invested $50,000 into the business

to get started.

Some of our expenses include advertising, rent, office supplies and insurance costs

Cash management is crucial for staying in business

Page 24: KitchenGuru , inc

OFFICE TECHNOLOGY PLAN We will be using a database so we can easily

store, organize, select, and retrieve data

Use word processing for writing letters and reports

Desktop publishing will be used for flyers, sales brochures, and catalogs

Page 25: KitchenGuru , inc

CODE OF ETHICS

Employees Safe work environment Competitive pay fun work environment Teamwork,

collaboration, and empowerment

No discrimination Variety of tasks and job

challenges Job training Provide meaningful

work

Customers Provide a high

quality product Product will live up

to expectations Make the product

easy to access It will meet safety

standards

Page 26: KitchenGuru , inc

CODE OF ETHICS CONT.

Investors

Return a profit Offer products

and services that enhance the lives of our customers

Be socially responsible

Society

Provide jobs with in the community

Provide a useful product

Pay taxesFriendly to the

environment

Page 27: KitchenGuru , inc

COMPETITIVE ADVANTAGE Hire the right people

First to market with a unique product (niche)

Have an affordable price

Aggressive marketing

Page 28: KitchenGuru , inc

FUTURE VISION Expand through exporting

Companion products and accessories

Create different sizes and colors

Identify new channels to sell our product through

Create new products

Page 29: KitchenGuru , inc

THE END!!!

For more information about KitchenGuru, Inc. please visit our website….www.kitchenguru.com