Defood.Co / Badrun Ar-Rashid Badrul Hisham... [et al.]

Badrul Hisham, Badrun Ar-Rashid and Zakaria, Muhammad Arif Naim and Mohd Jaafar, Nur Azira and Sayuti, Nur’fatihah and Mat Tanda, Nurul Syafiqah and Ramzi, Iffah Ilhamena (2022) Defood.Co / Badrun Ar-Rashid Badrul Hisham... [et al.]. [Entrepreneurship Project] (Unpublished)

Abstract

Laksa Comer Restaurant will be an eat-in, carry-out restaurant, specializing in evening and weekend leisure dining. St. Louis is recognized as one of the prime barbecue markets in the country. The Soulard neighborhood, future home of Butcher Hollow, is known as one of our area's most popular and successful nightlife hubs. What makes Laksa Corner Restaurant special as a business proposition? New restaurant openings are known to be risky. What have we done to neutralize these risks and assure success? First, we have identified an unfulfilled market for our exceptional product. Careful research has demonstrated a 66% positive response by a representative sampling of our primary and secondary geographical markets. We have learned that people living in Machang Bubok in Bukir Mertajam, or within reasonable driving distance, would patronize a good eat-in or carry-out for tea time food restaurant in Machang Bubok if one were available. Further research of the population demographics of this area reveals a lifestyle most conducive to eating out often, as frequently as three times per week. Management has also identified a very viable commuting market that frequents the Machang Bubok area, availing themselves of the many attractive restaurants and stalls. Many thousands of people also work in an near the Machang Bubok and often unwind after work at one of the many restaurant. Laksa Corner Restaurant intends to be part and parcel of this scene, offering laksa, karipap and cucur udang, along with convenient carry-out. Relaxed patio dining is also planned for use during pleasant weather. Laksa Corner Restaurant also has a sound marketing plan directed at our three identified markets. Viable market, good promotion, and an excellent product, backed up by sound and experienced management will go a long way to assuring success of the business venture.

Metadata

Item Type: Entrepreneurship Project
Creators:
Creators
Email / ID Num.
Badrul Hisham, Badrun Ar-Rashid
2020636252
Zakaria, Muhammad Arif Naim
2020892178
Mohd Jaafar, Nur Azira
2020667128
Sayuti, Nur’fatihah
2020684938
Mat Tanda, Nurul Syafiqah
2020491244
Ramzi, Iffah Ilhamena
UNSPECIFIED
Contributors:
Contribution
Name
Email / ID Num.
Advisor
Ahmad Awalluddin, Jannatul Akmar
UNSPECIFIED
Subjects: H Social Sciences > HB Economic Theory. Demography
H Social Sciences > HB Economic Theory. Demography > Entrepreneurship. Risk and uncertainty
H Social Sciences > HB Economic Theory. Demography > Entrepreneurship. Risk and uncertainty > Malaysia
H Social Sciences > HF Commerce
H Social Sciences > HF Commerce > Business
H Social Sciences > HF Commerce > Business > General works, treatises, and textbooks
Divisions: Universiti Teknologi MARA, Pulau Pinang > Permatang Pauh Campus > Faculty of Business and Management
Keywords: Management, Markets, Population
Date: 2022
URI: https://ir.uitm.edu.my/id/eprint/67578
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