Smoothie Drink Bar Business Plan [Sample Template]

Are you about starting a smoothie drink business? If YES, here is a complete sample smoothie bar business plan template & feasibility report you can use for FREE.

These days more than ever before, people are becoming more and more aware of the fact that they must eat and drink right. This is one of the reasons why people are becoming more and more serious with taking in fruit drinks. It is for this reason that smoothies now thrive a lot.

A Sample Smoothie Drink Business Plan Template

1. Industry Overview

The Juice and Smoothie Bars industry has come a long way and it is still evolving with loads of smoothie drink makers bringing in creativity in terms of flavors and packaging into the industry. Smoothie drinks have been around for many years, but they are becoming more popular in recent time due to the health benefits that comes with it.

This industry consists of businesses that basically make and retail smoothies and fresh-made juices. A smoothie is a blended, sometimes sweetened beverage primarily made from fresh fruit or vegetables combined with ice, frozen fruit or other frozen ingredients.

Some juice and smoothie bars give their clients option of add-ins, such as soy milk, whey powder, green tea and herbal or nutritional supplements et al. Smoothie drink is one commodity that is consumed in all parts of the world and of course those that are in the business of producing smoothie drinks are known to generate sales year in year out if the business is well – managed.

As a matter of fact, economic downturn hardly affects the consumption of smoothie drink simple because it is a commodity that is as affordable and considered a healthy substitute for soft drinks and other processed juices et al.

No doubt, The Juice and Smoothie Bars industry has grown steadily over the last five years as juice and smoothie bars have adapted to the rapidly changing consumer preferences and lifestyle. In recent years, the perceived high sugar content of some smoothies and juices has forced the industry to adapt its offering.

Because of this reason, cold press juice, which is made by hydraulically chopping and crushing produce such as spinach, kale and ginger without using heat, thereby yielding highly nutritious juice, has risen to prominence.

The Juice and Smoothie Bars industry is a thriving sector of the economy of the united states of America and they generates a whopping sum of well over billion annually from more than 1,435 registered and licensed juice and smoothie bar companies scattered all around the United States of America.

The industry is responsible for the employment of well over 35,861 people. Experts project The Juice and Smoothie Bars industry to grow at a 2.9 percent annual rate. Smoothie King and Jamba Inc. are the leaders in the Juice and Smoothie Bars industry; they have the lion market share in the United States of America.

With this kind of business, if you want to start on a small scale, you can choose to start around your home or even the whole of your local community. All you would need is contacts, packaging, networking and good marketing and customer service skills.

However, if you intend starting it on a large scale, then you should consider spreading beyond your local community to state level and even national level with adequate structure for chains of outlets and distribution networks.

If you are contemplating starting your own juice and smoothie drink business in the United States, you should ensure that you carry out a thorough market survey. If you get some key factors wrong before starting your own smoothie drink business, then you are likely going to struggle to stay afloat.

Over and above, juice and smoothie drink business is indeed a profitable line of business and it is open for any aspiring entrepreneur to come in and establish his or her business; you can chose to start on a small scale servicing a community or you can chose to start on a large scale with several outlets in key cities all around the United States of America.

2. Executive Summary

Savannah’s Smoothie Drinks ®, LLC is a licensed and standard smoothie and juice bar business that will be based in Dallas – Texas, USA; a business that covers a wide range of clients both domestic and corporate clients. We are a unique smoothie drink brand simply because we do not just sell assorted smoothie drinks, but we will also engage in the sale of our franchise and also offer consultancy services in line with our area of business.

Savannah’s Smoothie Drinks ®, LLC is established by the awarding winning food nutritionist – Dr. Savannah Cole – Dollars who has B.Sc. in Food Science Technology and a Master’s Degree in Business Administration (MBA). She has a robust experience in the food and drinks line of business having worked both in the public sector and the private sector prior to starting her own business – Savannah’s Smoothie Drinks ®, LLC.

Because of our corporate business goal of becoming the top 3 juice and smoothie bar companies in the United States of America, we are willing to go the extra mile to invest in some of the finest professionals we can find and also we have set plans in place to acquire the best of equipment when it comes to setting up a standard juice and smoothie bar.

Our bar and will be customized to fit into the kind of ideas we have of how a first class juice and smoothie bar should look like. When it comes to hygiene, we have put plans, process and structures in place that will ensure that we are always at the top of our game when it comes to that. We have been able to secure permits from all relevant departments in Texas.

Savannah’s Smoothie Drinks ®, LLC is set to redefine how juice and smoothie bar business should be run, not just in Dallas – Texas, but also in the whole of the United States of America.

This is why we have put plans in place for continuous training of all our staff at regular interval and also liaising with stake holder in the industry to contribute our quotas in the way smoothie and juice making equipment should be designed and fabricated to meet the ever changing demand of the industry.

No doubt the demand for fresh juice and smoothie et al is not going to plummet any time soon, which is why we have put plans in place to continue to explore all available market around the cities where our chains of juice and smoothie bars are going to be located and ensure that we create a wide range of distribution channels via franchising.

3. Our Products and Services

At Savannah’s Smoothie Drinks ®, LCC we deal in assorted fresh juice and smoothie, we are an establishment that primarily prepare, serve / sell fresh juice and smoothies, as well as toppings. As part our strategy to create multiple sources of income in line with our core business concept, we will run a consultancy service and trainings.

Our intention of starting Savannah’s Smoothie Drinks ®, LCC is to make profits from the industry and we will do all that is permitted by the law in the US to achieve our aim and ambition. Here are some of our products and services;

Selling smoothies made from frozen yogurt
Selling fresh-made juice drinks
Selling fresh-made smoothies
Selling other beverage and food items
Training, Advisory and Consultancy Services
Selling Franchise

4. Our Mission and Vision Statement

To be amongst the top 3 leading juice and smoothie bar companies in the United States of America before our 10^th anniversary.
To build a juice and smoothie bar business that will meet the needs of all our customers and potential customers in the regions / cities where we have our outlets and to sell franchise all across the United States of America and Canada.

Our Business Structure

As part of our plan to build a top flight Juice and Smoothie Bar business in Dallas – Texas, we have perfected plans to get it right from the onset which is why we are going the extra mile to ensure that we have competent employees to occupy all the available positions in our company.

We will ensure that we only hire people that are qualified, honest, hardworking, customer centric and are ready to work to help us build a prosperous business that will benefit all the stakeholders (the owners, workforce, and customers). As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of five years or more depending how fast we meet our set target.

The picture of the kind of frozen yogurt stores business we intend building and the goals we want to achieve is what informed the amount we are ready to pay for the best hands available in the juice and smoothie bars industry as long as they are willing and ready to work with us to achieve our business goals and objectives.

Below is the business structure that we will build Savannah’s Smoothie Drinks ®, LCC;

Chief Executive Officer
Bar Manager
Human Resources and Admin Manager
Sales and Marketing Officer
Accountants / Cashiers
Drivers / Distributors
Customer Service Executives
Cleaners

5. Job Roles and Responsibilities

Chief Executive Officer – CEO (Owner):

Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities.
Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
Responsible for fixing prices and signing business deals
Responsible for providing direction for the business
Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
Responsible for signing checks and documents on behalf of the company
Evaluates the success of the organization

Bar Manager

Responsible for overseeing the smooth running of the distillery plant
Part of the team that determines the quantity of juice and smoothies that are to be produced
Maps out strategy that will lead to efficiency amongst workers in the juice and smoothie bar
Responsible for training, evaluation and assessment of bar workers
Ensures that the steady flow of both raw materials to the bar and easy flow of finished products (fresh juice and smoothies) through wholesale distributors to the market
Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
Ensures that the juice and smoothie bar meets the expected safety and health standard at all times.

Human Resources and Admin Manager

Responsible for overseeing the smooth running of HR and administrative tasks for the organization
Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
Enhances department and organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.
Defines job positions for recruitment and managing interviewing process
Carries out staff induction for new team members
Responsible for training, evaluation and assessment of employees
Oversees the smooth running of the daily office and bar activities.

Sales and Marketing Manager

Manages external research and coordinate all the internal sources of information to retain the organizations’ best customers and attract new ones
Models demographic information and analyze the volumes of transactional data generated by customer purchases
Identifies, prioritizes, and reaches out to new partners, and business opportunities et al
Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
Develops, executes and evaluates new plans for expanding increase sales
Documents all customer contact and information
Represents the company in strategic meetings
Helps to increase sales and growth for the company

Accountant / Cashier

Responsible for preparing financial reports, budgets, and financial statements for the organization
Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
Responsible for financial forecasting and risks analysis.
Performs cash management, general ledger accounting, and financial reporting
Responsible for developing and managing financial systems and policies
Responsible for administering payrolls
Ensures compliance with taxation legislation
Handles all financial transactions for the organization
Serves as internal auditor for the organization

Distribution Van Drivers:

Delivers customer’s orders promptly
Runs errand for the organization
Any other duty as assigned by the sales and marketing executive and bar manager

Greeters / Customer Care Officer / Table Attendant

Opens door and welcome customers
Ensures that customers feel relaxed and at home
Handle customers enquiries
Assesses customers’ needs and preferences and make recommendations
Ability to Sell or influence others for up selling and suggestive selling.
Provides recommendations and suggestions to guest for choosing Drinks and Snacks.
Serves customers in a friendly and helpful manner.
Provides guidance to guests on resort activities, dining options and general resort and Regional information.
Demonstrates a thorough knowledge of juice, smoothies and snacks, menus and Promotions
Handle any other duty as assigned by the bar manager

Cleaners:

Responsible for cleaning the bar facility at all times
Ensures that toiletries and supplies don’t run out of stock
Cleans both the interior and exterior of the bar facility
Any other duty as assigned by the bar manager.

6. SWOT Analysis

Because of our drive for excellence when it comes to running a standard juice and smoothie bar business, we were able to engage some of the finest business consultants in Dallas – Texas to look through our business concept and together we were able to critically examine the prospect of the business and to access ourselves to be sure we have what it takes to run a standard juice and smoothie bar company that can compete favorably in the juice and smoothie bars industry.

In view of that, we were able to take stock of our strengths, our weakness, our opportunities and also the threats that we are likely going to be exposed to in Dallas – Texas and even in the United States of America as a whole. Here is a of what we got from the critically conducted SWOT Analysis for Savannah’s Smoothie Drinks ®, LLC;

Strength:

Our strength lies in the fact that we have a wide range of juice and smoothies that can meet the needs of a wide range of customers. We have state of the art facility and equipment that has positioned us to meet the demand of products even if the demand tripled over night or if we have a massive order to meet and emergency need.

Another factor that counts to our advantage is the background of our Chief Executive Office; she has a robust experience in the industry and also a pretty good academic qualification to match the experience acquired which has placed her amongst the top flight professionals in the United States of America.

We are not ignoring the fact that offering consultancy services and running a standard and accredited training center is definitely going to count as a positive for us.

Weakness:

The fact that we are setting up a juice and smoothie bar business in a city with other juice and smoothie bars might likely pose a challenge for us in breaking into the already saturated market in Dallas – Texas. In essence our chosen location might be our weakness.

But nevertheless, we have plans to launch out with a big bang. We know with that, we will be able to create a positive impression and we have a proper handle when it comes to building on already gather momentum.

Opportunities:

The opportunities available to us are unlimited. Loads of people consume fresh juice and smoothies on a daily basis and all what we are going to do to push our products to them is already perfected. There are also loads of people who would want to learn how to produce fresh juice and smoothies and they will readily find our government approved fresh juice and smoothie training center highly ideal for them to fulfill that goal.

Threat:

The threat that is likely going to confront us is the fact that we are competing with already established juice and smoothie bars in Dallas – Texas and also there are other entrepreneurs who are likely going to launch similar business within the location of our business.

Of course, they will compete with us in winning over the available market. Another threat that we are likely going to face, is unfavorable government policies and of course economic downturn. Usually economic downturn affects purchasing / spending powers.

7. MARKET ANALYSIS

Market Trends

In recent time, loads of people are beginning to switch from drinking soft drinks / carbonated drinks to drinking fresh juice and smoothies because of the health benefits. As a matter of fact, the sale of smoothie making machine and juicers has increased tremendously.

As a matter of fact, most household now make it a point of duty to own a juicer or smoothie making machine and also to start grooming their kids to choose fresh juice and smoothie over soft drinks / carbonated drinks.

Another trend is that some juice and smoothie bars have gone beyond only selling their products in their bars to taking it out to people in parks, sport centers and public places through vans and mobile food trucks. Some juice and smoothie bars have even gone ahead to start retailing their products to the public through franchising; it is one of the strategies that is helping them gain a huge market share.

8. Our Target Market

When it comes to fresh juice and smoothies, there is indeed a wide range of available customers. In essence, our target market can’t be restricted to just a group of people, but all those who love fresh juice and smoothies and those who would want to try them out.

In view of that, we have conducted our market research and we have ideas of what our target market would be expecting from us. We are in business to engage in wholesale distribution and to retail a wide variety of fresh juice and smoothies to the following groups of people;

Households
Children
Corporate Executives
Government Officials
Business People
Celebrities
Military Men and Women
Sports Men and Women
Students
Tourists
Everyone who resides in our target locations.

Our Competitive Advantage

A close study of the juice and smoothie bars industry reveals that the market has become much more intensely competitive over the last five years. As a matter of fact, you have to be highly creative, customer centric and proactive if you must survive in this industry.

We are aware of the stiffer competition and we are well prepared to compete favorably with other juice and smoothie bars in Dallas – Texas and throughout the United States and Canada. Savannah’s Smoothie Drinks ®, LLC is launching a standard juice and smoothie bar that will indeed become the preferred choice of residence of Dallas – Texas and every city where we intend opening our outlets.

Part of what is going to count as competitive advantage for Savannah’s Smoothie Drinks ®, LCC is the vast experience of our management team, we have people on board who are highly experienced and understands how to grow business from the scratch to becoming a national phenomenon.

So also, the wide varieties of fresh juice and smoothies that we produce, our large distribution network and of course our excellent customer service culture will definitely count as a strong strength for the business.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category (startups juice and smoothie bars) in the bottled water industry, meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives.

We will also give good working conditions and commissions to freelance sales agents that we will recruit from time to time.

9. SALES AND MARKETING STRATEGY

Sources of Income

Savannah’s Smoothie Drinks ®, LLC is established with the aim of maximizing profits in the juice and smoothie bars industry in the United States of America and we are going to go all the way to ensure that we do all it takes to sell a wide range of fresh juice and smoothies to a wide range of customers. Savannah’s Smoothie Drinks ®, LLC will generate income by selling the following products;

Selling smoothies made from frozen yogurt
Selling fresh-made juice drinks
Selling fresh-made smoothies
Selling other beverage and food items
Training, Advisory and Consultancy Services
Selling Franchise

10. Sales Forecast

One thing is certain when it comes to fresh juice and smoothie bar business, if your juice and smoothies are well – packaged and branded and if your juice and smoothie bar is centrally positioned and easily accessible, you will always attract customers cum sales and that will sure translate to increase in revenue generation for the business.

We are well positioned to take on the available market in Dallas – Texas and every city where our fresh juice and smoothies will be sold and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operations and grow the business and our clientele base.

We have been able to critically examine the juice and smoothie bars industry and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projection is based on information gathered on the field and some assumptions that are peculiar to startups in Dallas – Texas.

Below is the sales projection for Savannah’s Smoothie Drinks ®, LCC, it is based on the location of our business and other factors as it relates to small scale and medium scale juice and smoothie bars start – ups in the United States;

First Fiscal Year-: $100,000
Second Fiscal Year-: $250,000
Third Fiscal Year-: $750,000

N.B: This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same products and customer care services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.

Marketing Strategy and Sales Strategy

Before choosing a location to launch Savannah’s Smoothie Drinks ®, LCC and also the kind of fresh juice and smoothies to produce, we conduct a thorough market survey and feasibility studies in order for us to be able to be able to penetrate the available market in the cities where we intend positioning our business.

We have detailed information and data that we were able to utilize to structure our business to attract the numbers of customers we want to attract per time and also for our products to favorable compete with other leading fresh juice and smoothies brands in Dallas – Texas and the whole of the United States of America.

We hired experts who have good understanding of the juice and smoothie bars industry to help us develop. In other to continue to be in business and grow, we must continue to sell our products to the available market which is why we will go all out to empower or sales and marketing team to deliver our corporate sales goals.

In summary, Savannah’s Smoothie Drinks ®, LLC will adopt the following sales and marketing approach to sell our wide range of frozen yogurt flavors;

Introduce our fresh juice and smoothie bar brand by sending introductory letters to residence, merchants and other stakeholders both in Dallas – Texas and in other cities in the United States of America
Open our fresh juice and smoothie bar with a party so as to capture the attention of residence who are our first targets
Engage in road show in targeted communities from time to time to sell our products and promote our juice and smoothie bar
Advertise our products in community based newspapers, local TV and radio stations
List our business and products on yellow pages ads (local directories)
Leverage on the internet to promote our fresh juice and smoothie brands
Engage in direct marketing and sales
Encourage the use of Word of mouth marketing (referrals)

11. Publicity and Advertising Strategy

Despite the fact that our fresh juice and smoothie bar is a standard one with a wide range of fresh juice and smoothie products that can favorably compete with other leading brands in the United States, we will still go ahead to intensify publicity for all our products and brand. We are going to explore all available means to promote Savannah’s Smoothie Drinks ®, LLC.

Savannah’s Smoothie Drinks ®, LLC has a long term plan of opening outlets in various locations all around the United States of America and also to sell our franchise which is why we will deliberately build our brand to be well accepted in Dallas – Texas before venturing out to other cities in the United States of America.

As a matter of fact, our publicity and advertising strategy is not solely for selling our products but to also effectively communicate our brand. Here are the platforms we intend leveraging on to promote and advertise Savannah’s Smoothie Drinks ®, LLC;

Place adverts on both print (community based newspapers and magazines) and electronic media platforms
Sponsor relevant community programs
Leverage on the internet and social media platforms like; Instagram, Facebook , twitter, et al to promote our brand
Install our Billboards on strategic locations all around major cities in the United States of America
Engage in road show from time to time in targeted communities
Distribute our fliers and handbills in target areas
Position our Flexi Banners at strategic positions in the location where we intend getting customers to start patronizing our products.
Ensure that all our staff members wear our customized clothes, and all our official cars and distribution vans are customized and well branded.

12. Our Pricing Strategy

When it comes to pricing for products such as cup of fresh juice and smoothies, there are no hard and fast rules, the price depend on the size and packaging. Generally, the prize for cup of fresh juice, smoothies and similar products like frozen yogurt, ice cream and confectioneries are affordable hence there is no need to employ any detailed strategies when it comes to pricing.

In view of that, our prices will conform to what is obtainable in the industry but will ensure that within the first 6 to 12 months our products are sold a little bit below the average prices of various fresh juice and smoothie brands in the United States of America.

We have put in place business strategies that will help us run on low profits for a period of 6 months; it is a way of encouraging people to buy into our brands.

Payment Options

At Savannah’s Smoothie Drinks ®, LLC, our payment policy is all inclusive because we are quite aware that different people prefer different payment options as it suits them. Here are the payment options that will be available in every of our outlets;

Payment by cash
Payment via Point of Sale (POS) Machine
Payment via online bank transfer (online payment portal)
Payment via Mobile money

In view of the above, we have chosen banking platforms that will help us achieve our payment plans without any itches.

13. Startup Expenditure (Budget)

In setting up any business, the amount or cost will depend on the approach and scale you want to undertake. If you intend to go big by renting a place, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive.

This means that the start-up can either be low or high depending on your goals, vision and aspirations for your business. The tools and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked.

As for the detailed cost analysis for starting a juice bar business; it might differ in other countries due to the value of their money.

When it comes to starting a juice and smoothie bar business the major areas that you look towards spending the bulk of your cash is in the purchase of latest smoothie making machines and juicers and of course renting or leasing well located facilities.

Aside from that, you are not expected to spend much except for paying of your employees and the purchase of supplies. This is the key areas where we will spend our start – up capital;

The Total Fee for Registering the Business in Texas – $750.
Legal expenses for obtaining licenses and permits as well as the accounting services (software, P.O.S machines and other software) – $1,300.
Marketing promotion expenses for the grand opening of Savannah’s Smoothie Drinks ®, LLC in the amount of $3,500 and as well as flyer printing (2,000 flyers at $0.04 per copy) for the total amount of – $3,580.
Cost for hiring Business Consultant – $2,500.
Insurance (general liability, workers’ compensation and property casualty) coverage at a total premium – $2,400.
Cost for payment of rent for 12 month at $1.76 per square feet in the total amount of $105,600.
Other start-up expenses including stationery ($500) and phone and utility deposits ($2,500).
Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $100,000
The cost for Start-up inventory (raw materials and packaging materials et al) – $80,000
Storage hardware (bins, rack, shelves, food case) – $3,720
The cost for counter area equipment (counter top, sink, ice machine, etc.) – $9,500
Cost for juicers and smoothie making equipment – $20,000
Cost for store equipment (cash register, security, ventilation, signage) – $13,750
Cost of purchase of distribution vans – $50,000
The cost for the purchase of furniture and gadgets (Computers, Printers, Telephone, TVs, Sound System, tables and chairs et al) – $4,000.
The cost of Launching a Website – $600
The cost for our opening party – $5,000
Miscellaneous – $5,000

We would need an estimate of $300,000 to successfully set up our juice and smoothie bar business in Dallas – Texas. Please note that this amount includes the salaries of all the staff for the first 3 month of operation.

Generating Funding / Startup Capital for Savannah’s Smoothie Drinks ®, LLC

Savannah’s Smoothie Drinks ®, LCC is a family business that is owned and financed by Dr. Savannah Cole – Dollars and Family. They do not intend to welcome any external business partners, which is why he has decided to restrict the sourcing of the start – up capital to 3 major sources.

These are the areas we intend generating our start – up capital;

Generate part of the start – up capital from personal savings and sell of stocks
Source for soft loans from family members and friends
Apply for loan from my Bank

N.B: We have been able to generate about $100,000 (Personal savings $80,000 and soft loan from family members $20,000) and we are at the final stages of obtaining a loan facility of $200,000 from our bank. All the papers and document have been signed and submitted, the loan has been approved and any moment from now our account will be credited with the amount.

14. Sustainability and Expansion Strategy

The future of a business lies in the numbers of loyal customers that they have the capacity and competence of the employees, their investment strategy and the business structure. If all of these factors are missing from a business (company), then it won’t be too long before the business close shop.

One of our major goals of starting Savannah’s Smoothie Drinks ®, LLC is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running.

We know that one of the ways of gaining approval and winning customers over is to retail our fresh juice and smoothies a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.

Savannah’s Smoothie Drinks ®, LLC will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner.

As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List / Milestone

Business Name Availability Check: Completed
Business Registration: Completed
Opening of Corporate Bank Accounts: Completed
Securing Point of Sales (POS) Machines: Completed
Opening Mobile Money Accounts: Completed
Opening Online Payment Platforms: Completed
Application and Obtaining Tax Payer’s ID: In Progress
Application for business license and permit: Completed
Purchase of Insurance for the Business: Completed
Leasing of facility and construction of standard juice and smoothie bar: In Progress
Conducting Feasibility Studies: Completed
Generating capital from family members: Completed
Applications for Loan from the bank: In Progress
Writing of Business Plan: Completed
Drafting of Employee’s Handbook: Completed
Drafting of Contract Documents and other relevant Legal Documents: In Progress
Design of The Company’s Logo: Completed
Graphic Designs and Printing of Packaging Marketing / Promotional Materials: In Progress
Recruitment of employees: In Progress
Purchase of the needed smoothie making machines and juicers: Completed
Purchase of the Needed furniture, racks, shelves, computers, electronic appliances, office appliances and CCTV: In Progress
Creating Official Website for the Company: In Progress
Creating Awareness for the business both online and around the community: In Progress
Health and Safety and Fire Safety Arrangement (License): Secured
Opening party / launching party planning: In Progress
Establishing business relationship with vendors – wholesale suppliers / merchants: In Progress
Purchase of delivery vans: Completed