Raising Cane Business Plan

The company of restaurants started in 1946 when Truett Cathy opened his first restaurant in Georgia. They are credited with inventing the Chick-Fil-A’s boneless breast of chicken sandwich. In the 1960’s, he pioneered the opening of the restaurant in different malls in Atlanta. It has grown to become the largest quick service chicken restaurant chain in the United States based on their domestic annual sales and with over 1900 branches countrywide. The restaurant is privately held and family owned and has been progressing in the delivery of exclusive services to all their customers. The mission of the restaurant is to give identity and value to their clients and the vision is to be America’s best service quick restaurant.

Television advertising on CNN, MSNBC, and Discover channel was the most successful in attaining higher enrollment (Heller, 2001). The segments of target markets are based on the opportunities and resources of the university. The goal of the university is find the target markets that match the needs or wants of the market at the time. Capturing this target market of young and recent graduates would mean a substantial jump in profits and growth for the university.

Which is better, Chick-fil-a or Zaxby’s? This is a popular debate. Some people would argue that Zaxby’s is better because they have better chicken. Other people would argue that Chick-fil-a is better because they have better sauces. They both have their benefits, but which is better over all? In order to find this out we can’t go off of taste because everyone has different taste preferences. We must look at many aspects of both restaurants. Some aspects that can determine whether Chick-fil-a or Zaxby’s is better are drinks, desserts, sauces, prices, efficiency, cleanliness, and the attitudes of the workers.

Chicken! Chicken! Chicken! Southerners are crazy about it! Chicken is an iconic meal, from grandma 's kitchen to fast food restaurants. Sometimes grandma 's home cooked chicken is not always readily available, so what is the next best option? This is my review of two very popular fast food chains, the main item on each menu is none other than chicken. These two restaurants go by the name Chick-fil-A and Zaxby 's. Chick-fil-A has a bit of an interesting story, with the franchise being very comfortable with the Christian faith. Because of this, all locations are closed on Sundays and holidays. Information from their website shows that Chick-fil-A cares for its community and is involved in several fundraisers for churches and schools. Zaxby 's observes normal hours and does not really take part in community events. I visited the Chick-fil-A over on Harris Lane in Bessemer, Alabama at around noon. This Chick-fil-A just opened a few years back and has been very popular since. On a different occasion, I visited the Zaxby 's just a few miles down the road from Chick-fil- A, located on Academy Drive. The website describes Zaxby 's as a “chain eatery serving up fried chicken fingers, wings, sandwiches, and other American comfort eats”. These two competitors offer very similar menu options, but completely different environments. Although Chick-fil-A has better customer service, Zaxby 's has tastier food and an overall better ambiance.

If you are from the south, you have probably heard of the fast food chain Zaxby’s. With more than 660 locations[bandwagon, logos], the company is worth billions, all made possible by two young entrepreneurs, Zach McLeroy and Tony Townley. The two have been best friends since fifth grade, where they decided that there was a need for better chicken. Later, McLeroy sold his drum set- giving up his rockstar career to start the chicken joint- which now boasts a annual revenue of about 1.7 billion. [anecdote, pathos]

First, we will evaluate what we thought were pro’s for opening up a franchise. One concept that we liked the most was that a franchise operates very similarly to

Raising Cane mostly serves chicken fingers. In fact, the restaurant’s name is Raising Cane’s Chicken Fingers. As its name suggests, it offers a variety of meals, but chicken meals are their main foods. Todd Graves, who is the C.E.O of the restaurant and Craig Silvey who was Todd’s partner and currently the vice president of information technology and finance established the restaurant in August 1996. The restaurant has its headquarters in Baton Rouge, Louisiana, which was the location of the first restaurant. Today, Raising Cane is found in over 250 locations in the U.S and other countries including Kuwait as of September in 2015.

Chick-fil-A is affected by numerous external forces which challenge upper management’s ability to make Chick-fil-A "America’s best quick-service restaurant". Through intense strategic planning, based upon the vision, mission and corporate values, Chick-fil-A has been able to establish a unique position in a very competitive industry. The corporate purpose of Chick-fil-A, "To glorify God by being a faithful steward of all that is entrusted to us and to have a positive influence on all who come into contact witch Chick-fil-A", their commitment to family and the community, and their sound business decisions, have made Chick-fil-A one of the most profitable and fastest growing quick-service restaurants

Rocky's knowledge, experience and great relationship with the community and his customers are the company's biggest strength as well as being located in a prosperous and developing area. Their greatest weakness is Rocky's lack of business knowledge because that impacts many areas of the business negatively. The business's strengths outweigh its weaknesses because the 10 years of built up reputation and customer loyalty can overcome the weaknesses that are minor in comparison and could be solved over time. The opportunities are greater than the threats because Rocky and his business have a lot of areas that can be improved upon and taken advantage of whereas the only threats that the business face are one current competitor and the prospect of potential competitors in the future.

Weaknesses:-Recent declining rates in marinade sales-Failure of poultry sauces…may show signs of weak product diversification-Arrogance as to think

* Weaknesses - Weaknesses are the assets which would prevent the sandwich/snack bar from accomplishing their specific mission and achieving their full potential. These weaknesses decline influences on the organisations success and growth in the economy. Weaknesses in an organization may be a criticizing machinery, insufficient research and development facilities, narrow product range, poor decision-making, etc. However these are controllable which must be eliminated. An example of The sandwich/snack bars organisational weaknesses are huge debts, high employee turnover, complex decision making process, narrow product range, large wastage of raw materials, etc. The business must ensure that prices of sandwiches and other products are reasonable and affordable in order to ensure consistency in sales and to meet costs.

Premises remodeling in the amount of $20,000, which, we consider to be sunk costs because it will not significantly increase the value of the property.

There are (3) reasons why I have chosen energy drinks as my NAB. First off, there is a growing market for energy drinks. Red Bull and Monster Beverage Corporation, together, form over 80% of domestic energy drinks volumes by estimates. Dollar sales for energy drinks grew almost 6% to $6.67 Billion in measured channels in 2013, which propelled sales growth for convenience stores (Team, 2014). A growing thirst for caffeinated “energy” drinks, which include the likes of Red Bull, Monster, and Rock star, has spurred a heart-thumping surge in sales. Globally, the energy drink industry has gone from a $3.8-billion business in 1999, to a $27.5-billion

Other restaurants are also affected by the decisions of Zippy's. The Competitive Advantage article states that organization would be competitive if the goods or services it offers are valuable and rare to customers and if the goods and services offered are not easily copied or substituted (p. 135). While being open 24 hours a day is a powerful draw, even more compelling are its signature dishes, the chili and fried chicken. If Zippy's made a decision to cut their business hours or change their prices in a way that changed its value in the customer's eyes, a customer might be swayed to patronize a

For this Business Strategy Report, I have selected a restaurant chain named Nando’s. It was established in 1987 by two friends, Fernando Duarte and Robert Brozin (Nando’s.com, 2017). Although being a South African brand it has Portuguese influence and the restaurant chain depicts these designs. Nando’s specialty is flame-grilled chicken spiced with their unique selection of marinade sauces and spices ranging from mild to extra hot and for those individuals not into the hot stuff, there’s a lemon and herb option. It also has other selected food options to choose from in their attractive menu. Its niche market is working middle class male and female customers who enjoy spicy food and casual dining. It also caters for kids and families.