kfc business plan pdf download

Business Plan For Kfc

Congratulations on taking the first step in creating a business plan for kfc. This is an essential step towards entrepreneurial success and a well-crafted business plan will provide a solid foundation for your business venture!

Whether you're a budding entrepreneur with a brilliant idea or a seasoned business owner looking to expand, a thoughtfully constructed business plan will help you plan and navigate towards business prosperity.

In this comprehensive guide, we will walk you through the essential elements of creating a business plan for kfc that captures your vision as well as attracting investors, partners, and customers alike. From defining your mission and identifying your target market to formulating financial projections and developing a robust marketing strategy, our aim is to empower you with the knowledge and tools needed to turn your aspirations into a reality.

So whether you're just starting out or you're looking to revamp your existing business plan, read on for everything you need to know.

Why is a business plan important?

A business plan will help you think about your kfc business like you’ve never done before. This thinking will help you clarify important elements like your long-term goals and objectives. You can then work backwards from your goals to develop strategies and marketing campaigns to help make these objectives a reality.

A business plan will also help you think about your customers in great detail. You will be able to understand their wants and needs, where they hang out, and exactly how you will target them. This clarity will enable you to focus on developing the products or services they want.

Finally, if you are seeking outside capital such as investment or a bank loan, a well-thought-out business plan will show them you are serious about your business and you have developed a clear and thorough plan of action to achieve success.

A Business Plan For Kfc - The Key Parts

The executive summary, your company description, market analysis, products and services.

• Marketing Strategy
• Operational Plan
• Financial Projections

Risk Analysis

• Funding Request and Use of Funds (if applicable)
• Additional Information

An executive summary of your business plan for kfc is a brief overview of your business plan.

This is the first thing that potential investors or lenders will see, so it is crucial that you make a good impression. Keep this section short and highlight the key points of your plan.

What should an executive summary include?

• Overview of the Business
• Mission Statement
• Key Objectives
• Summary of Products/Services
• Financial Highlights and Funding Requirements (if applicable)

Remember potential investors don’t always have huge amounts of time to read your document so make sure that you condense the critical information, enabling the reader to make quick and well-informed judgments. Tips for the Executive Summary

Wait until you’ve written the whole business plan and then come back and complete the executive summary. This way you will know your business plan for kfc inside and out so you can highlight the key elements of the document. Remember the Executive Summary will shape the reader's initial perception of the business and whether they continue reading the document.

If you are looking for any tips on how to improve any section of your business plan, check out our Learning Zone , which has several in-depth guides on each section of the business plan.

The Company Description section of your kfc business plan is crucial as it offers a comprehensive overview of your business. This section provides essential information about your company's history, mission, vision, legal structure, location, and key milestones. It allows readers to gain a clear understanding of your company's fundamental characteristics and the context in which it operates.

When crafting your company description, make sure to include the following key elements:

• Business Name and Legal Structure: Clearly state the legal name of the company and its legal structure.
• Business History: Provide a brief overview of how the business came into existence. Highlight key milestones or events that shaped the company's growth and development.
• Mission and Vision Statements: Present the company's mission statement, which outlines its purpose and primary goals. Additionally, share the vision statement, which describes the long-term vision and objectives for your business.
• Products and Services: Briefly explain the products or services your business offers, emphasising their unique selling points and how they address customer needs.
• Competitive Advantages: Clearly state the competitive advantages that differentiate your business from others in the market. This could include unique features, patents, proprietary technology, or a strong brand presence.
• Location and Facilities: Provide details about the physical location of your business and any facilities required to operate successfully.

Tips for writing the company description section:

• Interweave storytelling into the company's history, tell the reader about your passion for the business and the journey you’ve been on to get to this point.
• Include strong visuals and infographics.
• Avoid jargon and keep the writing style clear and concise.
• Focus on your company's unique selling point (USP) and how that makes you stand out in the marketplace.
• Back up this information with customer testimonials if possible.

The market analysis section of your kfc business plan is essential for understanding the competitive landscape and the overall business environment. It is crucial to execute this section effectively as it demonstrates your in-depth knowledge of the market dynamics. This process will enable you, as an entrepreneur, to identify opportunities, mitigate risks, and develop strategies for success.

To conduct a good market analysis, it is important to have a deep understanding of the industry you are operating in. This information will help you make informed decisions about your product or service offerings, marketing strategies, and pricing.

Key elements to include in your market analysis section:

• Industry Overview: Provide a general overview of your industry. Describe the industry's size, growth rate, major players, and key trends. Include relevant statistics and data to support your claims.
• Target Market and Customer Segmentation: Clearly define your target market and outline the specific customer segments you aim to serve. Identify the needs, preferences, and behaviours of each segment.
• Competitor Analysis: Identify direct and indirect competitors in the market. Analyse their strengths, weaknesses, market share, and strategies. Highlight areas where your business differentiates itself from competitors.
• Market Trends and Opportunities: Explore current and future trends in the industry and market. Assess how these trends can impact your business positively and identify potential opportunities for growth.
• SWOT Analysis (optional): Consider including a SWOT analysis specific to your market. This can help you understand your business's strengths, weaknesses, opportunities, and threats in the context of the market.

How to nail the market analysis section?

• Differentiation: Focus on highlighting how your business differentiates itself from competitors, really try to drum home this point.
• Market Surveys or Interviews: Adding surveys or interviews and adding the key findings and quotes in the Market Analysis to support your claims will help reinforce the plans in your document.
• Competitive Matrix: a competitive matrix visually comparing your business against key competitors based on factors such as price, features, and customer service. This matrix is a great visual method highlighting your competitive advantages.
• Emerging Technologies or Trends: Identifying potential disruptions and how your company is prepared for them shows a great understanding of market dynamics and trends.

Looking for more inspiration on how to make your market analysis section even better, then check out our in-depth business market analysis guide.

In this section, we will highlight the core products and services that make your kfc business unique and valuable. It is essential to showcase what sets you apart from the competition and why your offerings are exceptional. This information is especially important for potential investors, partners, and customers who are keen to understand what sets your business apart in the market.

When describing your products and services ensure you include the following information:

• Description of Products/Services: Provide a clear and concise description of each product or service your business offers. Explain their primary function and how they address customer needs.
• Unique Selling Proposition (USP): Highlight the unique features or benefits that make your products or services stand out from competitors. Clearly state why customers should choose your offerings over alternatives.
• Product/Service Life Cycle: Describe where each product or service stands in its life cycle (e.g., introduction, growth, maturity, decline) and outline plans for updates or new offerings in the future.
• Intellectual Property (if applicable): If your business has any intellectual property (e.g., patents, trademarks, copyrights) related to your products or services, mention them in this section.

Extra elements to make this section stand out:

• Customer Use Cases: Present real-life customer use cases or success stories that illustrate how your products or services have solved specific problems for customers. Use compelling narratives to engage readers.
• Product Roadmap: If applicable, include a product roadmap that outlines future updates, enhancements, or new offerings. This showcases your business's commitment to innovation and continuous improvement.
• Quality and Testing Standards: Discuss the quality standards your business adheres to and any testing processes you conduct to ensure the reliability and performance of your offerings.
• Pricing Strategy: Integrate your pricing strategy into this section. Explain how you've determined the pricing of your products or services, considering factors like production costs, competition, and value to customers.
• Environmental and Social Impact: If your products or services have positive environmental or social implications, highlight them in this section. Increasingly, customers appreciate businesses that contribute positively to society.

The Marketing Strategy Section

Key Information to Include Within the Marketing Strategy Section:

• Marketing Goals and Objectives: Clearly state the marketing goals you aim to achieve. Focus on how you will increase brand awareness and drive customer conversions or leads.
• Target Market Strategy: Describe the specific strategies you will use to reach and engage with your target customers. This could involve digital marketing, traditional advertising, or other channels.
• Pricing Strategy: Explain how your pricing will attract the target market and how it compares to competitors' pricing.
• Promotion and Advertising Plan: Outline the promotional activities and advertising campaigns you plan to execute. Include details about social media marketing, content marketing, email campaigns, and other promotional tactics.
• Sales Strategy: Describe your sales process and how you plan to convert leads into paying customers. Mention any sales team structure and their responsibilities if applicable.
• Customer Relationship Management (CRM) Approach: Discuss how you intend to build and maintain strong relationships with your customers to encourage repeat business and loyalty.

Getting Creative with the Market Strategy Section

• Create a visual marketing timeline.
• Outline influencer or brand ambassador partnerships if applicable.
• Detail key metrics and KPIs.

By infusing creativity and innovative marketing ideas with sound fundamental marketing, you can really make this section stand out and impress potential investors and partners.

The Operation Plan Section

While marketing activities may seem more exciting, operational planning is essential for the success of your kfc business. This section focuses on the day-to-day operations and internal processes that drive your business forward. By providing a comprehensive roadmap of your resources, workflows, and procedures, you can instill confidence in potential investors that your business is well-equipped for growth.

Here are some key items to include in your operational plan:

• Organisational Structure: Describe the organisational structure of the company, including key roles and responsibilities.
• Key Personnel and Team: Introduce key team members and their qualifications. Highlight how their expertise contributes to the success of the business.
• Operational Workflow and Processes: Provide a high-level step-by-step overview of delivering your product or service, from production to delivery or distribution.
• Resource Requirements: Outline the key resources required to run the business, such as equipment, technology, facilities, and human resources.
• Quality Control and Assurance: Explain how the company ensures the quality and consistency of its products or services, and how it addresses any potential issues.
• Supply Chain Management (if applicable): If the business involves sourcing materials or products from suppliers, describe the supply chain management process.
• Legal and Regulatory Compliance: Discuss any legal or regulatory requirements specific to the industry and how the company ensures compliance.

How to add value to the Operation Plan section:

• Use visuals to outline organisation structures and workflows.
• Outline contingency plans, for example how the company is prepared for supply chain shortages or price shocks.
• Efficiency, efficiency, efficiency. Describe how you have driven efficiency gains for the business.
• Have you considered your business's environmental impact? If so, mention within this section.

The operational section of a business plan does have the potential to be dryer than more exciting elements such as marketing, however, by incorporating creative elements and forward-thinking workflows you can help keep reader engagement high.

The Financial Projections

The Financial Projections section can make or break a business plan. Always include well-researched and accurate projections to avoid undermining your business plan and losing out on potential investment. What to include in the financial projections section:

• Sales Forecast: Provide a detailed projection of the company's sales revenues for each product or service category over the forecast period.
• Expense Projections: Outline the expected operating expenses, including costs related to production, marketing, salaries, rent, utilities, and any other significant expenses.
• Profit and Loss (P&L) Statement: Present a comprehensive Profit and Loss statement that summarizes the business's revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit or loss for each year of the forecast.
• Cash Flow Projection: Include a cash flow statement that outlines the inflows and outflows of cash over the forecast period. This will help identify potential cash flow gaps.
• Break-Even Analysis: Perform a break-even analysis to determine the point at which the business's total revenue equals total costs, indicating when it becomes profitable.

How to add value to your financial projections section:

• Be prepared to defend your assumptions with data. If you are planning for a high-growth % make sure you can justify this assumption. If in doubt the more conservative the better.
• Include visuals that help readers quickly grasp the trends and patterns in revenue, expenses, and profits.
• Offer different scenarios based on varying assumptions. For example, present a conservative, moderate, and aggressive growth scenario.
• Include key financial ratios like gross margin, net profit margin, and return on investment (ROI).

The Funding Request and Use of Funds Section

This section outlines the financial requirements of the company and how the requested funds will be utilised to support its growth and operations.  Providing potential investors or lenders with a clear picture of how their money will be used will improve the business case for the funds and provide further confidence to investors. What to include in this section?

• Funding Request Amount: State the specific amount of funding you are seeking to obtain from investors, lenders, or other sources.
• Use of Funds: Provide a detailed breakdown of how the requested funds will be allocated across different aspects of the business. Common categories include product development, marketing, operational expenses, hiring, equipment, and working capital.
• Timeline of Funds Utilisation: Outline the timeline for utilising the funds. Specify when and how the funds will be disbursed and the expected milestones or deliverables associated with each funding phase.
• Expected Return on Investment (ROI): If applicable, include information on the expected ROI for investors. Highlight the potential for financial gains or equity appreciation over time.
• Repayment Plan (if applicable): If seeking a loan, provide a clear repayment plan that outlines the repayment period, interest rate, and the proposed schedule for repayment.

How to maximise this section?

• Create a visual timeline for key milestones such as the initial investment and key payback periods.
• Outline risk mitigation plans to instil confidence.
• Reiterate the company's long-term vision and how the funds can help achieve these goals.

As you near the end of your kfc business plan, it is crucial to dedicate a section to outlining potential risks. This section holds immense significance as it can greatly influence the confidence of potential investors. By demonstrating your market awareness and addressing challenges head-on, you can instill trust and credibility.

When conducting a risk analysis for your kfc car rental business plan, consider including the following:

• Identification of Business Risks: Enumerate the key risks and uncertainties that could affect the business. These risks can be internal (e.g., operational, financial) or external (e.g. market changes, regulatory changes, economic downturns).
• Impact Assessment: Analyse the potential impact of each identified risk on the business's operations, finances, and reputation. Rank the risks based on their severity and likelihood of occurrence.
• Risk Mitigation Strategies: Present specific strategies and action plans to mitigate each identified risk. Explain how you will proactively address challenges and reduce the negative impact of potential risks.
• Contingency Plans: Describe contingency plans for worst-case scenarios, outlining how the business will respond and recover from significant risks if they materialise.

How to make your risk analysis stand out?

• Add context with real-life examples. Are there similar businesses that have dealt with risks successfully in a similar manner to your strategy? This will add credibility to this section.
• Create adaptive strategies that demonstrate your business’s flexibility and adaptability.
• Outlining the responsible person for each risk and how they own it, giving further confidence in your risk management strategies.

Some additional information you may want to include in your business plan for kfc:

• Customer Surveys and Feedback
• Letters of Support or Intent
• Legal Documents (e.g., licenses, permits)
• Resumes of Key Team Members

A Business Plan For Kfc Wrapping It All Up

A business plan is one of the most important documents that you will create about your business. It can literally be the difference between securing additional finance or missing out. Developing your business is not an easy task, however, the opportunity to think about your business in such detail will no doubt help you develop new and important insights along with new ideas and strategies. With all sections of your business plan and especially the financial plan, be prepared to defend your position to potential investors or lenders. This means that you should never publish anything that you can’t back up with additional data or rationale. Business Plans are not created overnight so take the time to research and think about each section properly, always try to support your claims and strategies with market insight and data. We hope you’ve enjoyed reading this guide, if you are looking for more tips on creating a business plan check out our learning centre .Good luck with your next business endeavour! Action Planr

Thank you! You’ll receive an email shortly.

Oops! Something went wrong while submitting the form :(

Learning ZoNe

The Latest Industry News & Insights

#e2 #l1 #eb5 #sba #investor #financial #franchise #hemp #startup

Franchise Business Plan – KFC

• Industry Insights

KFC Franchise Business Plan

• 15 Oct, 2018

In 2017,  Yum ! Brands was named to the Dow Jones Sustainability North America Index. The company’s restaurant brands KFC, Pizza Hut, and Taco Bell are the global leaders in the fast-food industry. Yum! Brands have more than 45,000 company-owned, franchised, and licensed restaurants including 4,055 franchised KFC restaurants. About 98.7% of the KFC locations operate under  franchise or license agreements . KFC is one of the world’s most popular chicken franchises. Around four million people visit a KFC restaurant in the U.S. every day and around 1.8 billion pieces of chicken are sold each year. Joorney Business Plans Writers have extensive experience in working with investors looking to open a KFC restaurant .

When drafting a  Franchise Business Plan  for a KFC restaurant , there are several issues to address:

Initial Investment

The minimum financial requirement to open a KFC restaurant in the U.S. is $1.5 million net worth and $750,000 in liquid assets. The start-up expenses include: construction costs (approx. $1,036,000), initial franchise fee ($45,000), development services fee (approx.  $17,000), real estate (approx.  $700,000), grand opening expense ($5,000), start-up inventory ($10,000), training expenses (approx.  $6,950), and miscellaneous operating costs (approx. $7,000).  Joorney Business Plans has experience in creating long-term financial projections for KFC restaurants and understands the specifics pertaining to the initial investment requirements. 

The average equipment expenses for a KFC restaurant range from $329,000 to $476,000.  KFC franchisees  must install multiple items including  restaurant equipment, furniture, decor items, counters, cash registers, the KFC merit system, small wares, and indoor and outdoor signage. Joorney Business Plans will help franchisees correctly assess and depreciate the value of the equipment in the financial projections.

KFC requires three key holders of a restaurant to attend and complete the KFC’s training program before a restaurant’s opening . Keyholders of the restaurant can include the franchisee, an above store leader, restaurant general manager, or assistant manager. Training ranges from eight to ten weeks and is conducted centrally in Louisville, KY, and in certified training stores. The franchisee is responsible for all costs incurred including travel and lodging of the management team. Joorney Business Plan Writers have experience describing and developing personnel plans and linking the proposed individuals’ training to their designated roles.

Site Selection

Franchisees select the site for their KFC restaurant. Although KFC must approve the proposed site, the approval does not imply that a KFC unit will be successfully operated at the proposed site or that any particular volume of sales can be expected from the proposed location, but only that the site meets the minimum standards set by KFC . The factors KFC considers in approving proposed sites include general location, traffic patterns, market size, visibility, demographics, and competitive locations. Joorney Business Plans assists clients in developing in-depth local  market analyses  with the expected local demographic and economic trends.

Becoming a part of one of the few brands in America that can boast a rich, decades-long history of success and innovation, presents a great opportunity for all new KFC franchisees.

Webinar Recap — Pathways towards the EB2-NIW for Information Technology (IT) and Energy Sector Professionals

Pathways towards the EB2-NIW for Information Technology (IT) and Energy Sector Professionals

Joorney at the 45th Annual AILA South Florida Immigration Law Update

Marketing Success for Immigration Lawyers: Expert Tips fo...

Joorney at the 2024 Small Business Expo – Miami

Webinar Recap — Pathways towards the EB2-NIW for Informat...

Pathways towards the EB2-NIW for Information Technology (...

Joorney at the 45th annual aila south florida immigration....

Joorney at the 2024 AILA Investors and Entrepreneurs Conf...

Webinar Recap: If You Don’t See RFEs Then You’re Not Doin...

If You Don’t See RFEs, You’re Not Doing EB2-NIWs – ...

In the press:.

• Immigration
• Testimonials
• Start-up Advisory
• M&A Advisory
• Pro Bono Work
• Premium Market Research
• Joorney Digital
• Partner Program
• Joorney Blog
• Ask the Joorney Expert

We Offer Services. Built On Trust

1-844 (566-7639) CALL US

Miami 1688 Meridian Ave Ste 700 Miami Beach, FL 33139

Canada 1200 McGill College Avenue Suite 1100, Montreal, QC, H3B4G7

France 11 rue de Rouvray 92200 Neuilly sur Seine

Serbia Bulevar Kralja Aleksandra 28 Floor 2, 11000 Belgrade

Australia Unit A1 / 35-39 Bourke Road, Alexandria NSW 2015

Immigration | Commercial | Start-Up Advisory | M&A Advisory |

Copyright © 2024 Joorney. All rights reserved. | Privacy Policy

• First Name *
• Last Name *
• Email Address *
• Country Code *
• Phone Number *
• How did you hear about us? * How did you hear about us? (Required) Immigration Attorney Friend Google Ads Google Search Webinar Tradeshow French Founders AILA FACC Consultant Real Estate Agent Accountant/CPA Business Broker LinkedIn Facebook BBB Other
• What is the attorney's name?
• What is the tradeshows name?
• What is the consultant name?
• What is the real estate agent name?
• What is the accountant/CPA name?
• What is the business broker name?
• Company Name
• Do you have a website? (Optional) Do you have a website? (Optional) Yes, I do. No, I don't.
• What is your website address? (Optional)
• Would you like help building a website for your business? (Optional) Would you like help building a website for your business? (Optional) Yes, please! No, thank you.
• When would you expect to need to start these services? (Optional) How soon would you like to be contacted about building a website? (Optional) ASAP! Once I start my business plan. After my business plan is finalized. After my visa is approved. I'll reach out when I'm ready.
• Other Industry
• How Do you Prefer To Be Contacted? * How Do you Prefer To Be Contacted? (Required) Phone Zoom Whatsapp Skype Wechat
• What Language Do You Prefer To Speak? (Optional) What Language Do You Prefer To Speak? (Optional) English Spanish Portuguese French Chinese Russian Other
• Other Language
• I am....(Required) * I am....(Required) Applying For A Visa An Immigration Attorney A Start-Up An Established Business An M&A Firm A Business Broker Other
• Select A Business Stage (Optional) Select A Business Stage (Optional) Idea Pre-revenue Post-revenue I'm not sure
• What Is Your Average Deal Size (Optional) What Is Your Average Deal Size (Optional) Under $1M $1-10M $10-20M Over $20M
• What Service Are You Interested In? - ALL (Required) * What Service Are You Interested In? (Required) Immigration Business Plan SBA/Bank Loan Business Plan Franchise Business Plan Grant Business Plan Landlord Deck Market Research Marketing & Sales Plan Financial Model Investor Business Plan Pitch Deck Feasibility Study Idea Selection Capital Raise Strategic Business Plan Debt Financing Confidential Information Memorandum (CIM) Executive Summary Teaser Other
• What Service Are You Interested In? - Startup (Required) * What Service Are You Interested In? (Required) SBA/Bank Loan Business Plan Grant Business Plan Market Research Marketing & Sales Plan Financial Model Investor Business Plan Pitch Deck Feasibility Study Idea Selection Capital Raise Strategic Business Plan Debt Financing Executive Summary Teaser
• What Service Are You Interested In? - M&A Advisor & Business Broker (Required) * What Service Are You Interested In? (Required) Confidential Information Memorandum (CIM) Executive Summary Teaser
• What Service Are You Interested In? - Established Business What Service Are You Interested In? (Required) SBA/Bank Loan Business Plan Franchise Business Plan Grant Business Plan Landlord Deck Market Research Marketing & Sales Plan Financial Model Investor Business Plan Pitch Deck Feasibility Study Idea Selection Capital Raise Strategic Business Plan Debt Financing Executive Summary Teaser
• Other Service
• Visa Type? * What Immigration Business Plan Visa Type Do You Need? (Required) E2 L1 EB2 NIW EB5 Direct EB-5 Regional Center H1B O1 EB1A EB1C Canada I am not sure
• Are you the Visa Applicant? Are you the Visa Applicant? (Optional) Yes, I am the visa applicant No, I'm not the visa applicant
• What is your relationship to the visa applicant? What is your relationship to the visa applicant? (Optional) Family Friend Attorney Other
• Other relationship
• Is this a New Application, RFE, Renewal or Denial? Is this a New Application, RFE, Renewal or Denial? (Optional) New Visa Application RFE Renewal Denial I don't know
• Do you have a deadline? * Do you have a visa application deadline? (Optional) Yes, I have a deadline No, I don't have a deadline
• By When? MM slash DD slash YYYY
• Details/Notes?
• Google Re-Captcaha
• Name This field is for validation purposes and should be left unchanged.

• E2 Visa Business Plan
• Pitch Decks
• Market Research

Academia.edu no longer supports Internet Explorer.

To browse Academia.edu and the wider internet faster and more securely, please take a few seconds to  upgrade your browser .

Enter the email address you signed up with and we'll email you a reset link.

• We're Hiring!
• Help Center

Operational Strategies and Management of KFC: An Enquiry

EPRA International Journal of Research & Development (IJRD)

This is a business case report on one of the world largest fast food chain restaurants Kentucky Fried chicken (KFC) in accordance on its operation management and strategy. As the course requirement, the company has been selected on the preference of my own with a prior approval of the unit leader. The report critically analysis three operation management decision areas as design of goods and services, quality management and supply chain management of KFC with suggestions to better performance. Furthermore, it evaluates the strengths and weaknesses as well as strategies with recommendations for achieving competitive advantages. Finally, the report draws a conclusion with wrapping up the findings. KEYWORDS: Managing Quality, Supply Chain Management, SWOT Analysis, CSR

Related Papers

Piumi Tillekerathne

Critical analysis of the importance of Operations Management to the organization and how it has had an impact to the performance levels of the organization. Brief of KFC-Kentucky Fried Chicken Kentucky Fried Chicken a.k.a. KFC, is one of the leading fast food giants in the world. It is based in Louisville. It has been ranked third largest chain with more than 13000 outlets in more than 109 countries and serves approximately 12 million consumers every day. KFC is known for its original recipe for fried chicken, which is prepared using a blend of secret 11 herbs and spices (Buick, 1982). They are operating in an industry which is based on quick service and delivery to its consumers. They have managed to curtail the service time by more than 50% and improved the productivity of its employees. This helped them to outperform others and yield higher profits and sales figures (Fitzsimmons, Fitzsimmons and Bordoloi, 2014). They aim at providing continued superior service whilst non-stop improvement. It is highly crucial for them to improve the efficiently of their entire operation so as to be able to serve customers as quickly as possible. To achieve this, they have focused on all aspects, such as facility layout, quality management, total costs and infrastructure to match up with the desires and need of its consumers. i

A.M.M. Mubassher Shah

Journal of The Community Development in Asia

rivanti kawung

A fast-food restaurant, commonly known as a quick-service restaurant (QSR) in the business, is a type of eatery that specializes in fast food and offers limited table service. In the food sector, customer satisfaction and good feedback are the most important thing. Each company also has its main power source to maintain business. The goal of this study is to find how service quality can affect customer satisfaction. This study used a service quality model which is Servqual as a guide in determining customer satisfaction. The researchers chose Kentucky Fried Chicken (KFC) Restaurant in Malaysia for this case study. KFC Restaurant has many competitors in the fast-food restaurant industry. The solution to these issues is to develop ways to increase service quality and customer satisfaction.

Mohamed Abdelgawwad

Emiel Sanchez

In the food industry, it is important for an organization to leverage their customer's satisfaction and this can be achieved through superior customer service. The goals of this study were to investigate the causes and problems faced by the selected restaurant and to provide suggestions on how to improve the slow customer service based on the numerous domains of operations management. A local restaurant in Kuching (M alaysia) was selected for the case study. Slow customer service has been identified as the main problem. The causes of this problem were identified and classified into four categories which involved people, environment, equipment/materials and method/procedure. This study also offered ways to improve its operational performance and overcome the problem of poor service operations. The alternatives offered include (1) Quality Function Development which helped in determining what will satisfy the customers and where to put the quality effort, (2) Total Quality M anagement (TQM), (3) process focus which uses service blueprint to strengthen the interaction between customers and the restaurant, (4) layout , (5) human resource management, (6) practice of good supply chain management , and (7) maintenance to get the most benefits and trouble-free services out of the restaurant equipment by performing regular maintenance. This paper hopes to provide relevant insights for service quality and customer satisfaction improvement for restaurant service operations.

CERN European Organization for Nuclear Research - Zenodo

Justine Beryl Ruth Gumbao

Proceeding of International Conference on Family Business and Entrepreneurship

Farida Komalasari

This study integrates the Kano two‐dimensional quality model and quality function deployment (QFD) to construct a systematic mechanism for food and beverage service planning and improvement. This study adopts a three stage research framework: 1. Surveying food and beverage service needs, 2. Extracting key quality factors for food and beverage service, 3. Proposing methods for improving food and beverage service. Based on the results of this research, the most five important improvement action plans are personal professional skills and knowledge, increasing the visibility of restaurant advertising, providing immediate feedback to customers, standardizing quality of ingredient purchasing, and improving time efficiency of meal preparation.

RELATED PAPERS

American Journal of Public Health

joyce klein rosenthal

Cendekia Journal of Pharmacy

Edy Soesanto

Asian Journal of Chemistry

Umer Rashid

arXiv: High Energy Astrophysical Phenomena

Sean Grullon

Journal of Mazandaran University of Medical Sciences

Alireza Davari

ECMS 2009 Proceedings edited by J. Otamendi, A. Bargiela, J. L. Montes, L. M. Doncel Pedrera

Joe Roy-Aikins

Journal of Zoology

Karl Weyrauch

Earth and Planetary Science Letters

The Paleontological Society Special Publications

Ronald Martin

Journal of Thermal Biology

Estela Perez

National Journal of Health Sciences

Saima Siddiqui

The Korean Journal of Internal Medicine

IEEE Transactions on Magnetics

Steven Rios

Putri Ayu 2103111748

Mirosław Andrusiewicz

Sportwissenschaft

Christine Kuch

Respiratory Care

Jonathan Poli

Trienio. Un debate abierto, dos hemisferios conectados (1820-1824) (editores Manuel Chust e Ignacio Fernández Sarasola), Madrid, Sílex Universidad Historia

Joaquin E. Espinosa Aguirre

Working Paper of Public Health

menada gardalini

Review of Administration and Innovation - RAI

Aline Carolina Gouveia Patini

Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences

Junita Sari Lubis

Journal of Endodontics

guven kayaoglu

Frontiers in Microbiology

Italo Urrutia

Mustafa Çakır

Balkan Military Medical Review

Rachana Prabhu

See More Documents Like This

•   We're Hiring!
•   Help Center
• Find new research papers in:
• Health Sciences
• Earth Sciences
• Cognitive Science
• Mathematics
• Computer Science
• Academia ©2024

Search Product category Any value Sample Label 1 Sample Label 2 Sample Label 3

KFC Franchise Financial Model

$ 350 $ 250

Fully editable financial model template in Excel format specifically built for KFC franchises with the latest Franchise Disclosure Document

• The model presented above is an example
• 5-year financial projections
• 3 pro forma financial statements
• 20+ charts & metrics (breakeven, ROI, etc.)
• 40hrs of work put into this spreadsheet
• Business valuation
• Fully editable
• Free support
• Instant download

CUSTOMISED FOR KFC FRANCHISES

You don’t have to do anything. We built your financial model template with the latest available financial data from the  Franchise Disclosure Document

Vetted by professionals at leading organizations

You don’t have to do anything. We built your financial model template with the latest available financial data from the  Franchise Disclosure Document

What's inside

This financial model template include everything you need for your business plan.

• Profit and loss
• Cash flow statement
• Balance sheet
• Business valuation (DCF)
• Break even analysis
• Sources and uses
• Return on investment (ROI)

The financial model shown here is an example.

Naturally, the

is customised for your franchise instead.

CUSTOMIZE 100+ ASSUMPTIONS

The financial model is fully editable and can be easily modified to fit your franchise. Easily change more than 100+ assumptions:

• Revenue (turnover)
• One-time and recurring expenses
• Total investment
• Franchise fees
• Staff costs
• Royalty fees
• Equity investment and bank loans

Trusted by 12,000+ entrepreneurs, consultants and investors

Privacy Overview

This template is an example with limited access and which cannot be modified..

• I accept the Terms and Conditions and Privacy Policy

Kfc Strategic Plan Template

• Ready-to-use, fully customizable Subcategory
• Get started in seconds

Looking to take your restaurant business to the next level? Look no further than ClickUp's KFC Strategic Plan Template! This comprehensive template is specifically designed to help you outline your goals, strategies, and action plans for success.

With the KFC Strategic Plan Template, you can:

• Define your long-term vision and mission for your restaurant
• Set specific and measurable goals to track your progress
• Develop strategies to improve operational efficiency and drive profitability
• Create action plans and assign tasks to your team members for seamless execution

Don't leave your restaurant's success to chance. Get started with ClickUp's KFC Strategic Plan Template today and take your business to new heights!

Benefits of Kfc Strategic Plan Template

Creating a strategic plan using the KFC Strategic Plan Template can provide numerous benefits for your restaurant business:

• Clearly define your goals and objectives, ensuring everyone is aligned and working towards the same vision
• Develop effective strategies and action plans to drive growth, improve operations, and stay ahead of the competition
• Identify and prioritize key initiatives, allowing you to allocate resources efficiently and effectively
• Monitor progress and track performance against set goals, making data-driven decisions to drive success
• Foster a culture of accountability and transparency, with clear responsibilities and timelines for each initiative

Main Elements of Kfc Strategic Plan Template

Looking to create a strategic plan for your KFC franchise? Look no further than ClickUp's KFC Strategic Plan Template! Here are the key elements you'll find in this template:

• Custom Statuses: Easily track the progress of your strategic initiatives with statuses like Cancelled, Complete, In Progress, On Hold, and To Do.
• Custom Fields: Capture important information about each initiative using custom fields like Duration Days, Impact, Progress, Ease of Implementation, Team Members, Department, and Project Lead.
• Custom Views: Access different perspectives of your strategic plan with views like Progress, Gantt, Workload, Timeline, Initiatives, and Getting Started Guide.
• Project Management: Use features like Gantt chart, Workload view, and Timeline view to effectively plan and manage your strategic initiatives.

How to Use Strategic Plan for Kfc

Creating a strategic plan for your business is essential for long-term success. With the KFC Strategic Plan Template in ClickUp, you can easily outline your goals and develop a roadmap for achieving them. Follow these four steps to make the most of this template:

1. Define your objectives

The first step in creating a strategic plan is to clearly define your objectives. What do you want to accomplish as a business? Are you looking to increase market share, expand into new territories, or improve customer satisfaction? By setting specific and measurable goals, you can align your team's efforts and track your progress.

Use Goals in ClickUp to define and track your strategic objectives. Break them down into smaller, actionable tasks to ensure they are achievable.

2. Analyze your current situation

Before you can develop a plan, it's important to understand your current situation. Conduct a thorough analysis of your business, including strengths, weaknesses, opportunities, and threats (SWOT analysis). This will help you identify areas for improvement and determine the best strategies to pursue.

Use the Gantt chart in ClickUp to visualize your SWOT analysis and identify the key areas that need attention.

3. Develop your strategies

Once you have a clear understanding of your objectives and current situation, it's time to develop your strategies. Consider the different tactics you can employ to achieve your goals. This may include marketing campaigns, product development, operational improvements, or entering new markets.

Use the Board view in ClickUp to brainstorm and organize your strategies. Create tasks for each strategy and assign team members to ensure accountability.

4. Track and adjust your plan

A strategic plan is not set in stone. It's important to regularly track your progress and make adjustments as needed. Monitor key performance indicators (KPIs) to gauge the effectiveness of your strategies. If you're not seeing the desired results, be open to revising your plan and trying new approaches.

Use Dashboards in ClickUp to track your KPIs and visualize your progress. Set up recurring tasks or Automations to remind you to review and adjust your plan regularly.

By following these steps and utilizing the KFC Strategic Plan Template in ClickUp, you can create a comprehensive and actionable plan to drive your business forward.

Get Started with ClickUp’s Kfc Strategic Plan Template

The KFC Strategic Plan Template is designed to help the management team of KFC stay aligned and focused on achieving their strategic goals.

To get started with this template:

Click on "Add Template" to sign up for ClickUp and add the KFC Strategic Plan Template to your Workspace. Specify the Space or location where you want to apply the template.

Invite relevant team members to your Workspace to collaborate on the strategic plan.

Now, leverage the power of this template to drive KFC's success:

• Use the Progress View to track the progress of each strategic initiative and ensure they are on track.
• Utilize the Gantt View to visualize the timeline and dependencies of each action item in the strategic plan.
• The Workload View allows you to manage resource allocation and ensure that team members are not overloaded.
• The Timeline View provides a high-level overview of key milestones and deadlines in the strategic plan.
• Utilize the Initiatives View to break down the strategic plan into individual initiatives, assign owners, and monitor their progress.
• Refer to the Getting Started Guide View to access helpful resources and guidelines on how to use the template effectively.

Organize your tasks into five different statuses: Cancelled, Complete, In Progress, On Hold, To Do, to keep track of their progress.

Update the statuses of tasks as they progress to provide visibility to the team and stakeholders.

Regularly monitor and analyze the tasks to ensure the strategic plan's successful implementation and achievement of desired outcomes.

Related Templates

• Seafood Industry Professionals Strategic Plan Template
• Government Officials Strategic Plan Template
• Athletes Strategic Plan Template
• Oil And Gas Company Strategic Plan Template
• Professors Strategic Plan Template

Template details

Free forever with 100mb storage.

Free training & 24-hours support

Serious about security & privacy

Highest levels of uptime the last 12 months

• Product Roadmap
• Affiliate & Referrals
• On-Demand Demo
• Integrations
• Consultants
• Gantt Chart
• Native Time Tracking
• Automations
• Kanban Board
• vs Airtable
• vs Basecamp
• vs MS Project
• vs Smartsheet
• Software Team Hub
• PM Software Guide

KFC Franchisee Business Idea Description in 5 W’s and 1 H Format

By alex ryzhkov, resources on kfc franchise.

• Financial Model
• Business Plan
• Value Proposition
• One-Page Business Plan

Are you ready for a finger-licking good business opportunity that's set to take the United States by storm? Renowned chef John Smith is teaming up with KFC to bring you an exciting new concept within their franchises. Offering not only their famous fried chicken but also a diverse menu of delectable items, this venture is set to leave taste buds tantalized and customers clamoring for more. With a strategic launch scheduled for 2024 in major metropolitan areas, this unique and unforgettable dining experience is aiming to set itself apart from traditional KFC outlets and other fast-food chains. So, who, what, where, when, why, and how will this venture change the game? Stay tuned as we unpack the details and reveal the enticing potential in this groundbreaking business idea.

Key Takeaways

• Renowned chef John Smith is partnering with KFC to introduce a new concept within their franchises.
• The venture will serve finger-licking good fried chicken and a diverse menu of other delectable items.
• The initial launch will take place in major metropolitan areas across the United States.
• The venture is scheduled to commence in 2024, strategically timed to coincide with the summer season.
• The goal is to create a unique and memorable dining experience that sets this concept apart from traditional KFC outlets and other fast-food chains.

The major players in this KFC franchisee business idea are renowned chef and restaurateur, John Smith, and KFC, a globally recognized fast-food chain. John Smith brings his culinary expertise and innovative approach to food, while KFC brings its popularity and brand recognition to the partnership.

The owners of this venture are John Smith and KFC, who will collaborate closely to develop the exclusive menu and overall concept. John Smith's name and culinary reputation will attract customers and add a touch of culinary excellence to the franchise, while KFC's established brand and operational expertise will ensure the smooth functioning of the business.

The personnel involved in this venture will include skilled chefs and staff who will be responsible for food preparation, customer service, and restaurant operations. These personnel will undergo specialized training to deliver consistent food quality and exceptional dining experiences.

The advisors for this venture may include industry experts, consultants, and marketing professionals who will provide guidance and expertise in areas such as market research, menu development, branding, and marketing strategies.

The target audience for this KFC franchisee business idea is diverse. It includes individuals who are fans of KFC's fried chicken and fast-food offerings, as well as those who seek a unique and elevated dining experience. The venture aims to attract a wider customer base by catering to evolving taste preferences and offering a diverse menu that includes original recipe, spicy, and grilled chicken options, along with tantalizing sides, beverages, and desserts.

When it comes to competition, this venture will face competition from other fast-food chains and restaurants in the major metropolitan areas where it will be launched. However, the partnership between John Smith and KFC, along with the unique menu and dining experience, will set this concept apart and give it a competitive edge.

The ideal clients for this venture are individuals who appreciate good food, enjoy fast-food options, and are willing to invest in a unique dining experience. These clients may range from families looking for a convenient yet delicious meal to young adults seeking a trendy and memorable dining experience.

• Renowned chef and restaurateur, John Smith
• KFC, a globally recognized fast-food chain
• Owners: John Smith and KFC
• Personnel: Skilled chefs and staff
• Advisors: Industry experts, consultants, and marketing professionals

The target audience: Fans of KFC, individuals seeking an elevated dining experience, families, and young adults

The KFC Franchisee business idea aims to introduce a new concept within KFC franchises by partnering with renowned chef and restaurateur, John Smith. The venture seeks to serve finger-licking good fried chicken and a diverse menu of other delectable items to satisfy customers' cravings. The menu will feature a variety of chicken options, including original recipe, spicy, and grilled, along with tantalizing sides, beverages, and desserts.

What do we want to achieve?

Our primary objective is to leverage the popularity and brand recognition of KFC while offering customers an elevated dining experience. By partnering with John Smith, known for his culinary expertise and innovative approach to food, we aim to attract a wider customer base and cater to evolving taste preferences. We strive to create a unique and memorable dining experience that sets this concept apart from traditional KFC outlets and other fast-food chains.

What is our sustainable advantage?

Our sustainable advantage lies in the collaboration between KFC and John Smith. Combining his signature recipes with KFC's iconic flavors, we can offer customers a menu that showcases the expertise and creativity of both parties. This partnership brings together the brand recognition of KFC and the culinary excellence of John Smith, creating a compelling value proposition that sets this venture apart from competitors in the fast-food industry.

What do we offer?

We offer customers a diverse and delicious menu of finger-licking good fried chicken and other delectable items to satisfy their cravings. Our menu includes a variety of chicken options, such as original recipe, spicy, and grilled, accompanied by tantalizing sides, beverages, and desserts. This comprehensive offering ensures that customers can find something they love, whether they prefer classic flavors or more adventurous choices.

What do we produce?

We produce high-quality and mouthwatering fried chicken, prepared using a combination of John Smith's signature recipes and KFC's iconic flavors. In addition to our delicious chicken options, we produce a range of sides, beverages, and desserts that complement and enhance the dining experience. Our focus is on creating food that is not only satisfying but also memorable and unique in its flavor profiles.

What are our business objectives?

Our short-term objective is to successfully launch this venture in major metropolitan areas across the United States, starting with New York City, Los Angeles, and Chicago. We aim to establish a strong customer base and generate buzz around our unique dining experience.

Our long-term objective is to expand our presence to other cities based on the success and demand in our initial launch locations. We envision becoming a go-to destination for finger-licking good fried chicken and a variety of other delicious offerings. By the end of the second month, our objective is to sell $1,000,000 worth of products, showcasing the demand and profitability of our concept.

• Introduce a new concept within KFC franchises
• Partner with renowned chef and restaurateur, John Smith
• Serve finger-licking good fried chicken and diverse menu items
• Offer a variety of chicken options, sides, beverages, and desserts
• Launch in major metropolitan areas starting with New York City, Los Angeles, and Chicago
• Gradually expand to other cities based on success and demand
• Commence in 2024 to allow ample time for planning and securing resources
• Create a unique and memorable dining experience
• Leverage the popularity and brand recognition of KFC
• Showcase John Smith's culinary expertise and innovative approach
• Ensure consistency in food preparation, quality, and customer service
• Create modern and inviting restaurant ambiance
• Employ extensive marketing campaigns to generate buzz and attract customers
• Explore delivery and online ordering options to cater to evolving customer needs

The KFC Franchisee business idea will initially launch in major metropolitan areas across the United States, starting with New York City, Los Angeles, and Chicago. These cities were strategically chosen due to their high population density, diverse customer base, and vibrant food scenes.

Location of the Business

The KFC Franchisee restaurants will be strategically situated in prime locations within these cities, ensuring easy accessibility for both locals and tourists. The exact addresses will be finalized during the planning phase, considering factors such as foot traffic, proximity to transportation hubs, and commercial viability.

Target Audience

The target audience for the KFC Franchisee concept comprises a wide range of individuals who crave delicious, flavorful food. This includes locals looking for a quick and satisfying meal, tourists seeking an authentic American fast-food experience, and food enthusiasts eager to try unique culinary creations. By catering to diverse preferences and maintaining KFC's brand recognition, the venture aims to attract a broad customer base.

New Opportunities

The KFC Franchisee venture presents several new opportunities within the fast-food industry. By partnering with renowned chef John Smith, the concept taps into the trend of elevated dining experiences in the fast-food sector. This opens doors to customers who seek high-quality food at affordable prices. Moreover, the introduction of new chicken options, tantalizing sides, beverages, and desserts provides an extensive menu to cater to evolving taste preferences and dietary requirements.

• The diverse menu offerings create opportunities to attract health-conscious individuals by incorporating grilled and spicy chicken options.
• The inclusion of John Smith's signature recipes elevates the dining experience, attracting food enthusiasts and those seeking a unique twist on traditional fast food.
• Expansion opportunities arise as the success and demand of the venture in New York City, Los Angeles, and Chicago will pave the way for further expansion into other major cities across the United States.

Path to Success

To achieve success in this venture, meticulous planning, market research, and resource acquisition are crucial steps. Collaborating closely with John Smith, KFC will develop an exclusive menu that combines his culinary expertise with KFC's iconic flavors. Franchisee owners will undergo specialized training to ensure consistency in food preparation, quality, and customer service.

• Extensive marketing campaigns, including digital advertising, social media promotions, and strategic partnerships, will be employed to generate buzz and attract customers to this unique dining experience.
• By strategically timing the launch to coincide with the summer season, the venture capitalizes on increased foot traffic and consumer spending.
• The success and demand in the initial launch cities will serve as indicators for further expansion, allowing the venture to gradually expand to other cities across the United States, broadening its reach and customer base over time.

The KFC Franchisee business idea aims to create a new and memorable dining experience that sets it apart from traditional KFC outlets and other fast-food chains. By leveraging the popularity and brand recognition of KFC and partnering with a renowned chef, the concept aims to cater to the evolving taste preferences of customers while offering an elevated fast-food experience.

The launch of this KFC Franchisee business idea is scheduled to commence in the year 2024. This timeline allows ample time for meticulous planning, market research, and securing the necessary resources to ensure a successful start. The partners, renowned chef and restaurateur, John Smith, and KFC, a globally recognized fast-food chain, aim to create a unique and memorable dining experience for customers, and careful preparation is key to achieving this goal.

Business Plan Implementation

The business plan will be put into action in 2024, marking the official start of this venture. By this time, the partnership between John Smith and KFC will have been solidified, and all necessary agreements and contracts will be in place. The planning phase will have focused on developing an exclusive menu that combines John Smith's signature recipes with KFC's iconic flavors, ensuring a diverse and tantalizing offering for customers.

Results and Objectives

Once the business plan is implemented, the partners anticipate seeing results in the form of increased foot traffic and consumer spending. With the launch strategically timed to coincide with the summer season, they aim to capitalize on heightened demand during this time. Short-term objectives include establishing a strong brand presence and generating buzz among customers in the initial launch cities of New York City, Los Angeles, and Chicago.

• In the short-term, within the first year of operation, the objective is to achieve positive brand recognition, build a loyal customer base, and consistently meet customer satisfaction objectives. The partners plan to closely monitor feedback and make necessary adjustments to ensure continuous improvement.
• In the long-term, over the course of five years, the objective is to expand to other major metropolitan areas across the United States based on the success and demand observed in the initial launch cities. This gradual expansion approach allows for measured growth and scalability.

Retirement and Departure Strategy

In terms of retirement, John Smith and KFC have a long-term vision for this venture. John Smith intends to retire from the company after 20 years, imagining a specific year after 2023, passing on his culinary legacy to a new generation of chefs. This succession plan ensures continuity and allows for the preservation of the unique dining experience created through this partnership.

When it comes to the departure strategy, John Smith aims to sell the firm in 25 years, imagining a specific year after 2023. This planned exit strategy provides an opportunity for the business to thrive under new ownership while ensuring the legacy of this unique KFC Franchisee concept. By selling the firm, John Smith recognizes the value of the business he has built and facilitates a smooth transition for the next phase of growth.

In summary, the timeline for this KFC Franchisee business idea encompasses meticulous planning and resource allocation in preparation for the 2024 launch. Short-term and long-term objectives are defined to guide the venture's growth, with a clear retirement and departure strategy in place to ensure the long-term success and continued evolution of this concept.

The primary objective of this business idea is to leverage the popularity and brand recognition of KFC while offering customers an elevated dining experience. By partnering with renowned chef and restaurateur John Smith, known for his culinary expertise and innovative approach to food, the venture aims to attract a wider customer base and cater to evolving taste preferences. With this partnership, customers will have the opportunity to enjoy finger-licking good fried chicken and a diverse menu of other delectable items that will satisfy their cravings.

Why would customers want your product or service?

Customers would want our product and service because we offer an exceptional dining experience that combines KFC's iconic flavors with Chef John Smith's signature recipes. The menu will include a variety of chicken options, such as original recipe, spicy, and grilled, along with tantalizing sides, beverages, and desserts. The focus on high-quality ingredients, expert culinary techniques, and diverse menu options will ensure that customers' cravings are satisfied and their taste buds are delighted.

Why are you in business?

We are in business to deliver an elevated dining experience to customers. Our goal is to create a unique and memorable experience that sets our concept apart from traditional KFC outlets and other fast-food chains. By partnering with Chef John Smith, we aim to combine his culinary expertise with KFC's brand recognition to attract a wider customer base and cater to evolving taste preferences. We believe that everyone deserves to enjoy delectable food in a comfortable and inviting setting, and we are committed to delivering that experience to our customers.

Why would a buyer want to purchase from you?

A buyer would want to purchase from us because we offer a unique dining experience that brings together the best of both worlds – KFC's iconic flavors and Chef John Smith's signature recipes. Our partnership showcases expertise and innovation, culminating in a diverse menu that caters to a wide range of taste preferences. Additionally, our commitment to quality, consistency, and customer service ensures that buyers can trust and rely on us to deliver an exceptional dining experience every time.

Describe how you differ from the competitors.

What sets us apart from our competitors is the collaborative partnership between Chef John Smith, a renowned culinary expert, and KFC, a globally recognized fast-food chain. This unique combination allows us to offer customers a menu filled with finger-licking good fried chicken and a diverse selection of other delectable items. Unlike traditional KFC outlets and other fast-food chains, our venture focuses on an elevated dining experience that combines the expertise of Chef John Smith with the brand recognition and popularity of KFC, creating a memorable and exceptional experience for our customers.

Why are you in this line of work?

We are in this line of work because we are passionate about food and believe that dining experiences should be enjoyable, memorable, and satisfying. Our mission is to deliver an elevated dining experience, showcasing the culinary expertise of Chef John Smith and the iconic flavors of KFC. We strive to create a welcoming and inviting atmosphere where customers can gather, indulge in delicious food, and create lasting memories. Our commitment to quality, innovation, and exceptional customer service drives us to continuously improve and provide the best dining experience possible.

In order to bring this KFC Franchisee business idea to life, a partnership structure will be established between renowned chef and restaurateur, John Smith, and KFC, a globally recognized fast-food chain. This partnership will combine John Smith's culinary expertise and innovative approach with KFC's brand recognition and operational capabilities.

Given the size and scale of this venture, a limited liability company (LLC) structure will be chosen. This will provide the partners with the flexibility, legal protection, and shared decision-making power necessary to successfully operate and expand the business. The LLC structure also aligns with the collaborative nature of this partnership, allowing both parties to actively participate in the company's management and share in its profits.

To ensure a smooth and compliant startup, the partners will engage with a business attorney who specializes in franchise law and small business formation. This advisor will provide guidance on the registration procedures, rules, and liabilities associated with establishing the franchisee business. Their expertise will be invaluable in navigating the legal complexities and ensuring compliance with all necessary regulations and obligations.

In terms of attaining the company objectives, a carefully planned approach will be implemented. John Smith, as the renowned chef and culinary expert, will oversee the menu development, recipe innovation, and quality control aspects. KFC's operational expertise, supply chain management, and marketing resources will be leveraged to effectively introduce and promote this new concept within the KFC franchise network.

As the business grows, a team of skilled professionals will be hired to assist in various areas such as operations, marketing, and customer service. This will enable efficient scaling and allow the partners to focus on strategic decision-making and overall business development.

In order to achieve the objectives set for this venture, a step-by-step plan will be implemented. This will include meticulous market research, identifying ideal locations for expansion based on consumer demand, establishing relationships with suppliers for sourcing high-quality ingredients, and implementing effective operational processes. Regular monitoring and analysis of key performance indicators will help track progress and make necessary adjustments along the way.

Future Development

Looking ahead, the vision for this business is to become the go-to destination for finger-licking good fried chicken and a diverse menu of delectable items across the United States and potentially globally. Through continued innovation, collaboration, and a keen focus on customer satisfaction, the aim is to establish a network of successful and profitable KFC Franchisee locations in major metropolitan areas.

The long-term goal is to further expand the franchise operation into new territories and markets, both domestically and internationally. By captivating customers with the unique dining experience offered through this partnership, the business seeks to become a recognized and respected player in the fast-food industry, setting new standards for quality, taste, and customer service.

With a commitment to delivering exceptional food, employing cutting-edge marketing strategies, and staying adaptive to evolving consumer preferences, the business envisions a future where customers eagerly seek out KFC Franchisee outlets as their preferred destination for satiating their cravings for mouthwatering fried chicken and delightful accompaniments.

$169.00 $99.00 Get Template

Related Blogs

• Starting a Business
• KPI Metrics
• Running Expenses
• Startup Costs
• Pitch Deck Example
• Increasing Profitability
• Sales Strategy
• Rising Capital
• Valuing a Business
• Writing Business Plan
• Buy a Business
• How Much Makes
• Sell a Business
• How To Avoid Mistakes

Leave a comment

Your email address will not be published. Required fields are marked *

Please note, comments must be approved before they are published

Kfc Business Plan

• Uploaded by: Navdeep Singh

This document was uploaded by user and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this DMCA report form. Report DMCA

More details

• Words: 2,654

Related Documents

Kfc Business Report

Kfc New Product Plan

Marketing Plan Kfc

Plan De Mercadeo Kfc

More Documents from "Navdeep Singh"

Discovering Density

Unit-6 Patterns Of Industrialisation.pdf

Unit-2 Parameters Of Sustainable Development.pdf

Unit-3 Approaches To The Study Of Sustainable Development.pdf

Catia - Wireframe And Surface Design Exercises

Copyright © 2024 IDOCPUB.

Free PDF Business Plan Templates and Samples

By Joe Weller | September 9, 2020

• Share on Facebook
• Share on LinkedIn

Link copied

We’ve gathered the most useful collection of business plan PDF templates and samples, including options for organizations of any size and type.

On this page, you’ll find free PDF templates for a simple business plan , small business plan , startup business plan , and more.

Simple Business Plan PDF Templates

These simple business plan PDF templates are ready to use and customizable to fit the needs of any organization.

Simple Business Plan Template PDF

This template contains a traditional business plan layout to help you map out each aspect, from a company overview to sales projections and a marketing strategy. This template includes a table of contents, as well as space for financing details that startups looking for funding may need to provide. 

Download Simple Business Plan Template - PDF

Lean Business Plan Template PDF

This scannable business plan template allows you to easily identify the most important elements of your plan. Use this template to outline key details pertaining to your business and industry, product or service offerings, target customer segments (and channels to reach them), and to identify sources of revenue. There is also space to include key performance metrics and a timeline of activities. 

Download Lean Business Plan Template - PDF

Simple 30-60-90 Day Business Plan Template PDF

This template is designed to help you develop and implement a 90-day business plan by breaking it down into manageable chunks of time. Use the space provided to detail your main goals and deliverables for each timeframe, and then add the steps necessary to achieve your objectives. Assign task ownership and enter deadlines to ensure your plan stays on track every step of the way.

Download Simple 30-60-90 Day Business Plan Template

PDF | Smartsheet

One-Page Business Plan PDF Templates

The following single page business plan templates are designed to help you download your key ideas on paper, and can be used to create a pitch document to gain buy-in from partners, investors, and stakeholders.

One-Page Business Plan Template PDF

Use this one-page template to summarize each aspect of your business concept in a clear and concise manner. Define the who, what, why, and how of your idea, and use the space at the bottom to create a SWOT analysis (strengths, weaknesses, opportunities, and threats) for your business. 

Download One-Page Business Plan Template

If you’re looking for a specific type of analysis, check out our collection of SWOT templates .

One-Page Lean Business Plan PDF

This one-page business plan template employs the Lean management concept, and encourages you to focus on the key assumptions of your business idea. A Lean plan is not stagnant, so update it as goals and objectives change — the visual timeline at the bottom is ideal for detailing milestones. 

Download One-Page Lean Business Plan Template - PDF

One-Page 30-60-90 Day Business Plan Template

Use this business plan template to identify main goals and outline the necessary activities to achieve those goals in 30, 60, and 90-day increments. Easily customize this template to fit your needs while you track the status of each task and goal to keep your business plan on target. 

Download One-Page 30-60-90 Day Business Plan Template

For additional single page plans, including an example of a one-page business plan , visit " One-Page Business Plan Templates with a Quick How-To Guide ."

Small Business Plan PDF Templates

These business plan templates are useful for small businesses that want to map out a way to meet organizational objectives, including how to structure, operate, and expand their business.

Simple Small Business Plan Template PDF

A small business can use this template to outline each critical component of a business plan. There is space to provide details about product or service offerings, target audience, customer reach strategy, competitive advantage, and more. Plus, there is space at the bottom of the document to include a SWOT analysis. Once complete, you can use the template as a basis to build out a more elaborate plan. 

Download Simple Small Business Plan Template

Fill-In-the-Blank Small Business Plan Template PDF

This fill-in-the-blank template walks you through each section of a business plan. Build upon the fill-in-the-blank content provided in each section to add information about your company, business idea, market analysis, implementation plan, timeline of milestones, and much more.

Download Fill-In-the-Blank Small Business Plan Template - PDF

One-Page Small Business Plan Template PDF

Use this one-page template to create a scannable business plan that highlights the most essential parts of your organization’s strategy. Provide your business overview and management team details at the top, and then outline the target market, market size, competitive offerings, key objectives and success metrics, financial plan, and more.

Download One-Page Business Plan for Small Business - PDF

Startup Business Plan PDF Templates

Startups can use these business plan templates to check the feasibility of their idea, and articulate their vision to potential investors.

Startup Business Plan Template

Use this business plan template to organize and prepare each essential component of your startup plan. Outline key details relevant to your concept and organization, including your mission and vision statement, product or services offered, pricing structure, marketing strategy, financial plan, and more.

‌Download Startup Business Plan Template

Sample 30-60-90 Day Business Plan for Startup

Startups can use this sample 30-60-90 day plan to establish main goals and deliverables spanning a 90-day period. Customize the sample goals, deliverables, and activities provided on this template according to the needs of your business. Then, assign task owners and set due dates to help ensure your 90-day plan stays on track.

‌Download Sample 30-60-90 Day Business Plan for Startup Template 

For additional resources to create your plan, visit “ Free Startup Business Plan Templates and Examples .”

Nonprofit Business Plan PDF Templates

Use these business plan PDF templates to outline your organization’s mission, your plan to make a positive impact in your community, and the steps you will take to achieve your nonprofit’s goals.

Nonprofit Business Plan Template PDF

Use this customizable PDF template to develop a plan that details your organization’s purpose, objectives, and strategy. This template features a table of contents, with room to include your nonprofit’s mission and vision, key team and board members, program offerings, a market and industry analysis, promotional plan, financial plan, and more. This template also contains a visual timeline to display historic and future milestones.

Download Nonprofit Business Plan Template - PDF

One-Page Business Plan for Nonprofit Organization PDF 

This one-page plan serves as a good starting point for established and startup nonprofit organizations to jot down their fundamental goals and objectives. This template contains all the essential aspects of a business plan in a concise and scannable format, including the organizational overview, purpose, promotional plan, key objectives and success metrics, fundraising goals, and more.

Download One-Page Business Plan for Nonprofit Organization Template - PDF

Fill-In-the-Blank Business Plan PDF Templates

Use these fill-in-the-blank templates as a foundation for creating a comprehensive roadmap that aligns your business strategy with your marketing, sales, and financial goals.

Simple Fill-In-the-Blank Business Plan PDF

The fill-in-the-blank template contains all the vital parts of a business plan, with sample content that you can customize to fit your needs. There is room to include an executive summary, business description, market analysis, marketing plan, operations plan, financial statements, and more. 

Download Simple Fill-In-the-Blank Business Plan Template - PDF

Lean Fill-In-the-Blank Business Plan PDF

This business plan is designed with a Lean approach that encourages you to clarify and communicate your business idea in a clear and concise manner. This single page fill-in-the-blank template includes space to provide details about your management team, the problem you're solving, the solution, target customers, cost structure, and revenue streams. Use the timeline at the bottom to produce a visual illustration of key milestones. 

Download Fill-In-the-Blank Lean Business Plan Template - PDF

For additional resources, take a look at " Free Fill-In-the-Blank Business Plan Templates ."

Sample Business Plan PDF Templates

These sample business plan PDF templates can help you to develop an organized, thorough, and professional business plan.

Business Plan Sample 

This business plan example demonstrates a plan for a fictional food truck company. The sample includes all of the elements in a traditional business plan, which makes it a useful starting point for developing a plan specific to your business needs.

Download Basic Business Plan Sample - PDF

Sample Business Plan Outline Template

Use this sample outline as a starting point for your business plan. Shorten or expand the outline depending on your organization’s needs, and use it to develop a table of contents for your finalized plan.

Download Sample Business Plan Outline Template - PDF

Sample Business Financial Plan Template

Use this sample template to develop the financial portion of your business plan. The template provides space to include a financial overview, key assumptions, financial indicators, and business ratios. Complete the break-even analysis and add your financial statements to help prove the viability of your organization’s business plan.

Download Business Financial Plan Template

PDF  | Smartsheet

For more free, downloadable templates for all aspects of your business, check out “ Free Business Templates for Organizations of All Sizes .”

Improve Business Planning with Real-Time Work Management in Smartsheet

Empower your people to go above and beyond with a flexible platform designed to match the needs of your team — and adapt as those needs change. 

The Smartsheet platform makes it easy to plan, capture, manage, and report on work from anywhere, helping your team be more effective and get more done. Report on key metrics and get real-time visibility into work as it happens with roll-up reports, dashboards, and automated workflows built to keep your team connected and informed. 

When teams have clarity into the work getting done, there’s no telling how much more they can accomplish in the same amount of time.  Try Smartsheet for free, today.

Discover why over 90% of Fortune 100 companies trust Smartsheet to get work done.

Download Free Business Plan Examples

Download a free business plan in pdf or word doc format to make writing a plan fast and easy, find your sample plan.

Discover the sample plan that best fits your business. Search our gallery of over 550 sample business plans and find the one that's right for you.

View the Gallery

What You'll Get:

A complete business plan Unlike other blank templates, our business plan examples are complete business plans with all of the text and financial forecasts already filled out. Edit the text to make the plan your own and save hundreds of hours.

A professional business plan template All 550 of our business plans are in the SBA-approved format that’s proven to raise money from lenders and investors.

Instructions and help at every step Get help with clear, simple instructions for each section of the business plan. No business experience necessary.

A Word doc you can edit We don’t just have PDF documents that make editing a challenge. Each plan is available in Word format so you can start editing your business plan example right away.

Key Sections Included in our Example Business Plans:

Executive Summary : A quick overview of your plan and entices investors to read more of your plan.

Company : Describes the ownership and history of your business.

Products and Services : Reviews what you sell and what you’re offering your customers.

Market Analysis : Describes your customers and the size of your target market.

Strategy and Implementation : Provides the details of how you plan on building the business.

Management Team : An overview of the people behind the business and why they’re the right team to make the business a success.

Financial Plan : A complete set of forecasts including a Profit and Loss Statement, Cash Flow Statement, and Balance Sheet.

Looking for a sample business plan PDF? You can download a few PDF examples below:

• Accounting and Bookkeeping Sample Business Plan PDF
• Agriculture Farm Sample Business Plan PDF
• Cleaning Service Sample Business Plan PDF

Need a faster way to write your business plan? LivePlan is the #1 planning tool for over 1 million businesses.

Your download should begin immediately

If your download doesn't begin after 5 seconds, please click here .

View our entire gallery of free downloads

Tweet about it

I just downloaded a free business plan from Bplans.com!#smb #startup

Recommended Articles

Recommended Download

You might also enjoy:

The Small Business Toolkit

Access a free list of must–have resources for new and growing businesses in any industry.

Tax Season Savings

Get 40% off LivePlan

The #1 rated business plan software

Transform Tax Season into Growth Season

Discover the world’s #1 plan building software

Powerpoint Templates

Icon Bundle

Kpi Dashboard

Professional

Business Plans

Swot Analysis

Gantt Chart

Business Proposal

Marketing Plan

Project Management

Business Case

Business Model

Cyber Security

Business PPT

Digital Marketing

Digital Transformation

Human Resources

Product Management

Artificial Intelligence

Company Profile

Acknowledgement PPT

PPT Presentation

Reports Brochures

One Page Pitch

Interview PPT

All Categories

One Pager KFC Franchise Business Plan Presentation Report Infographic PPT PDF Document

This document titled One Pager KFC Franchise Business Plan Presentation Report Infographic PPT PDF Document is an A4 size template designed in Powerpoint and is 100 percent editable. It displays the details in a crisp clear and digestible format while also being visually appealing. With this document you will be able to provide a comprehensive view to your audience with minimal effort. One Pager KFC Franchise Business Plan Presentation Report Infographic PPT PDF Document will save you precious time and help you communicate your message with your viewers.

• Add a user to your subscription for free

You must be logged in to download this presentation.

Do you want to remove this product from your favourites?

If you are interested in opening a restaurant like KFC in your area, you must prepare a business plan, which is where this one pager would come in handy. This KFC franchise business plan PowerPoint slide will arm you showcase a business plan to assess opportunities to own KFC franchise. The idea is to aid you in showcasing the executive summary, vision, mission, products, marketing and promotional strategies and financial projections of your next project.

One Pager KFC Franchise Business Plan Presentation Report Infographic PPT PDF Document with all 2 slides:

Use our One Pager KFC Franchise Business Plan Presentation Report Infographic PPT PDF Document to effectively help you save your valuable time. They are readymade to fit into any presentation structure.

FAQ’s for Reports

What kinds of reports do you offer, can i change the default layout of these reports, are these reports shareable with my executives, can these reports accommodate large amounts of data, i have a few sets of data that are to be converted into reports can you create customized reports from that data, i need a hard copy of my report. how do i get one, how do i save my business report, in which kind of format can i save my reports.

We have a huge collection of reports on various topics, both personal and professional. These report templates cater to every domain making them useful for every individual or organization that downloads it. For more information feel free to browse through our collection and select the designs that excite you!

These reports are sample representations that are Excel linked. Useful content has been added to make them look more presentable. However, they come in a fully editable format, so, all the default charts, graphs, etc. used in these templates can be modified to fit your needs and aspirations.

Yes, these reports can be exported and shared with others as they come in a downloadable format. Simply download the file, save it in the format of your choice, and share it with other members. The formats we offer are PNG, PDF, JPG, PPT, and Google Slides, making the exporting process convenient for the end-user.

Any amount of data can be imported to these reports. The design and layout will adjust itself according to the data added, making the information presented easy to retain and reinforce itself.

We offer custom design services, for which you can get in touch with our SlideTeam design professionals at [email protected] . They will help in transforming your data into valuable and informative report sets. Consequently, you can also download a few sample reports from our gallery and custom-tailor them according to your needs.

Simply, login to your account, open the report of your choice and click on the “Download this Report” button. A zip folder will be downloaded. Extract the files and save it in the format of choice like PNG, JPG, PPT, PDF, etc. These files can be easily converted into hard copies.

Simply click on the “Download this Report” button to save the reports for further application. Downloading the reports will give you access to save it, update it, and share it as per your liking.

The reports can be saved and exported in various formats like PNG, PDF, PPT, JPG, and Google Slides. You can keep these folders in your system for as long as you like and use them for multiple projects.

• Email: [email protected]

KFC Business Plan

• Author / Uploaded
• Navdeep Singh

KFC Company The Executive summary KFC is a popular eating place for millions of clients, creating the firm considered of

Views 2,580 Downloads 174 File size 437KB

Report DMCA / Copyright

Recommend Stories

Business Strategic Plan of KFC

BUSINESS STRATEGIC PLAN OF KFC TASK 1: LO1,LO2 and LO3 ( Organizational Analysis) 1) Strategic Planning Process of KFC

0 0 113KB Read more

KFC International Business

3.2. KFC (Pinku) 3.2.1. Introduction Kentucky Fried Chicken (KFC) also known as Kentucky Fried Chicken in Vietnamese. KF

0 0 249KB Read more

KFC Business Canvas Model

2,433 1,221 376KB Read more

KFC Business Report

SHERMEEN KHAN SKYPE ID shermeen35 00923119567093 Business report on KFC Writer [] Date [] Introduction of KFC KFC is

1,003 47 256KB Read more

DIGITAL MARKETING PLAN KFC

DIGITAL MARKETING PLAN KENTUCKY FRIED CHICKEN (KFC) SUBMITTED BY: MOBASHREEN M I S MBA II YEAR 1913323036024 DIGITAL

1 0 1MB Read more

Marketing Plan KFC

MARKETING PLAN ON KENTUCKY FRIED CHICKEN (KFC) Submitted to Submitted by TABLE OF CONTENTS Sr. No. 1. 2. 3. 4. 5. 6.

803 111 108KB Read more

KFC New Product Plan

this is a marketing plan( i thought so) of the KFC in PAKISTAN and is very good prepared just need a final touch in font

1,278 36 882KB Read more

Plan Estrategico Kfc-1

TALLER SEMANA 1 PROFESOR: RENZO ANTHONY QUINTANILLA CURSO: SISTEMAS DE INFORMACION GERENCIAL INTEGRANTES:     MARI

0 0 612KB Read more

Kfc Marketing Plan

KFC MALAYSIA MARKETING PLAN 1.0 EXECUTIVE SUMMARY This project will perform the analysis of marketing plan of KFC. Besid

2,976 175 689KB Read more

Citation preview

KFC Company The Executive summary KFC is a popular eating place for millions of clients, creating the firm considered of the biggest fast food restaurants chain within global. KFC remains one of biggest eating place chain in terms of numbers of eating places, quantity of employees and income generated. Today, there are about 54000 KFC chains in throughout the world, using complete of 954000 personnel internationally. The organization stays centered at Melbourne. Introduction of company Kentucky fried chicken famously know as KFC was into founded in 1986 via Harland Sanders. KFC is famous for chicken fast meals. In speedy food chain KFC is ranked quantity 3 round the sector. The unique recipe of KFC is fried chicken. The fried chicken in composed of eleven secret herbs and spices. There are 15000 restaurants round the globe which might be owned by using KFC. KFC covers 109 nations inside the global. With a view to growth the market in the international, the corporation continually tries to finds to cooperate with joint ventures. The most famous joint task of enterprise is YUM emblem, which is certainly one of largest eating place franchise within the world. It price is anticipated of about $11 billion. The modern president of KFC is David Novak. Nearly thirteen million people go to KFC every day, subsequently allowing KFC to generate annual profits of approximately $10 million. 25,000 humans are employed underneath KFC at some point of the world. There are nearly 14000 KFC retailers inside the globe. Marketing environment of KFC There are assured factors within an group that affect advertising control’s capability to shape and continue a success associations with goal clients. similar all other businesses, KFC additionally has such forces around it; advertising and marketing surroundings is made from Micro environment and Macro surroundings. The Micro environmental Forces This environment factors are:- Marketing Intermediaries It includes the corporations that assist the agency to encourage, sell and allocate its facilities and foods. As in KFC, the food items are manufactured in line with requirements and desires of the clients and right away served to clients on their retailers. So no advertising intermediaries are at KFC. Customers It includes 5 classes. Purchaser Markets KFC has massive series of clienteles. According to KFC, “we're growing most effective with our purchaser.” KFC has brilliant environment for his or her clients and households. They are worried about the comfort and pleasure in their customers. This is why forty million on one store. Midnight offers are there for the clients with discount, that's being respected through the persons. Business Market Business markets purchase items and offerings for in addition dispensation or for use of their production technique. In case of KFC there may be no such commercial enterprise marketplace. Resellers KFC is selling in fast food and have no resellers. Government Customers KFC has no government customers. International Customers KFC is global agency. They have shops, nearly in every nation on the globe. So that they have worldwide clients. Competitors McDonald, Dominos, subway, local restaurants. Publics Its main types are Financial Public KFC is an independent company and has no bank loan. Media Public KFC spends 5% of the income on the advertisements. Govt. Public Taxes imposed by KFC are 1.2% on all food items. Competitiveness: There are a large quantity of comparable sized companies all competing with every different for customers. The expenses of leaving the industry are excessive e.g. because of high degrees of funding. Which means that current firms will combat hard to continue to exist because they cannot without problems transfer their assets someplace else the extent of potential usage. If there are excessive ranges of ability being underutilized the prevailing firms can be very aggressive to try and win income to enhance their very own demand the market is shrinking so companies are combating for his or her proportion of falling sales there is little logo loyalty so patron are possibly to replace effortlessly different goods. Strengths 2nd great global emblem in food enterprise in phrases of cost ($ 6 billion). KFC is understood by means of many and is a straightforward emblem in many nations especially because of its early authorizing and worldwide expansion. KFC authentic Chicken recipe is a top-secret and a supply of comparative gain in opposition to company’s competitors. KFC receives 1/2 of its sales from China, in which it operates greater than 3000 shops. KFC position in China is considered one of its important strengths as China’s food market is rising gradually. KFC is in cooperation with Yum! Manufacturers yields a few gain because KFC provides additional food products to the customers and satisfy greater customers’ wishes. KFC is the market forerunner within the globe amongst enterprises offering chicken food as their chief product providing. KFC has located itself really amongst other meals chains attitude its well-known slogan and characteristic food items. KFC has trusty supporter base and all way to its secret chook recipe. The flavor of KFC and the freshness of KFC’s food are cherished by using the clients. KFC has generated extra revenue than some other meals restaurant or its competing from 2006 to 2018. As an example in fiscal 12 months 2013, KFC generated sales totaling to $786687 million that is drastically better as compared to KFC’s organization ($35124 million). Appropriate network reputation: KFC sponsors the charity, Being Human of Charities. KFC sponsors diverse community programs that purpose to gain children with incapacities and children of from poor families. For instance, the KFC baby cares ambitions to offer unfastened treatments to kids all around the global. KFC corporate unfastened care programs for human beings affected by dementia, which has helped create a good organization image. Weaknesses Unreliable dealers- Over time, KFC has been narrowing dealers, which provided adulterated chicken to KFC or have been abusing fowl, hence ensuing in dropping trades and spoiled status. Bad public relations- KFC get lots complaint from PETA over the disorders in chickens that have increased rapidly. Moreover, it acquired awful public relations for sales of chicken food with kidney. There are numerous greater or much less awful news from KFC, which damage company’s name notably. Harmful meals menu- KFC menu is mainly composed of excessive calorie fat meals and liquids. Such menu providing activates protests via businesses that fight fatness and as a result, decreases KFC recognition. Purchasers additionally frequently choose out for more healthy picks. High employee income- the employees are paid very less and occasional skilled task. It effects in low presentation and excessive worker turnover, which will raise training fees and add to normal prices of KFC. Opportunities Increasing to different Geographies: rising markets, converting lifestyle of purchasers and their increasing shopping for tendency is permitting fast food vendors to discover new geographies to surge their market proportion and returns. Adding different new meals gadgets in Menu: Outfitting to the varying meals demands and desires of the visionary, KFC has a large chance to introduce healthy ingredients in their menu that are low in fats and are much healthier. Growing demand for in good health meals- at the same time as call for healthier meals will rise, KFC may want to introduce greater healthful food selections in its menu and reverse its weak spot into dynamism. Domestic meal distribution- KFC ought to fully take advantage of (it check supply offerings now) Possibility and reach extra clients. Announcing new foods to its variety- KFC ought to introduce new mealtimes to its menu and offer lamb, red meat or most effective vegetarian food, which would aim wider purchaser organization and would bring about greater costumers. Threats Slowing economic system: organizations those including fast meals restaurants are prone to monetary declines. The monetary slowdown has negative implications to the business which leads to weakening in sales. In 2018 there has been 2 percent decline in sale as examine to 2017. Increasing rivalry: opposition within the fast food meals industry has bolstered through the years, thereby putting stress on KFC. KFC does now not most effective compete with rival companies inside the enterprise however also compete with small food chains at supermarket stage. Increasing rules and regulations: the quick meals industry is usually below strict law from the authorities because of health problems. In diverse nations around the world government has made obligatory for immediate meals eating places to print nutrients details on the meals packing. KFC has been charged in for numerous instances and misplaced pretty some court cases. Court cases are costly as they require time and cash. As KFC continues to function greater or much less the same way, there is excessive chance for greater expensive lawsuits to return. KFC gets a part of its earnings from overseas setups. That profits must be converted into bucks and may have an effect on the commercial enterprise' profits, particularly while the buck is appreciating against different currencies. Native fast food eating places can regularly provide a more nearby approach to serving meals and menu that precisely represents native flavors. Despite the fact that KFC does an excellent activity in adjusting its very own menu to nearby tastes, the growing variety of native food chains and their lower mealtime charges is a danger to KFC. Trends The fast food industry is mostly regarded as increasing business. From 2006 to 2017 there have been increases in sales of restaurant by 2 percent ever year. The net worth of KFC is 954459 million dollars. Target market The sale chicken burger, chicken nuggets is anticipated reached 1.5 million in 2019 and is predicted to upward thrust following years. The cheese burger is predicted reached nearly 3.1 million in 2019 whereas chicken sandwiches are expected to touch 2 million in 2019. Pricing of meals: KFC is popular for it big variety of meals items it gives to its customers. KFC low value food has been a prime thing to the volume that the agency controlled to growth income by 7 percent. Apart from the regular menu, KFC also sell uniqueness fruit shake at lower price. According to researches the costs of KFC food items are 25 percent less in costs than its competitors. Advertising approach: KFC is adopting plenty of sports to sell its business. KFC 99 percent advertisement on approaching televisions, radios and so forth. Organization is spending massive quantity on its commercial about 29 million bucks. Distribution- KFC has a strong development plan. In January 2019, KFC has announced to open 500 new stores in Asia, developing 17,000 jobs. Marketing Strategy KFC in general sells food products in different shapes. At the same time as its number one consciousness is fried chicken, KFC additionally offers a line of roasted chicken items, aspect dishes and desserts. 1. Advertising: handling profitable client association The marketing blend is generally usual because the use and specification of the ‘four P’s ’ describing the planned role of a item inside the market. a. Product Whatever that can be presented to a flea market to satisfy a requirement or necessity. KFC’s distinctiveness is fried chicken which is sold in different forms. KFC’s number one product is chicken made with the authentic recipe. The alternative chicken supplying, more crispy, is made the use of a garlic marinade and double dipping in flour before deep frying in a popular commercial kitchen kind device. The main item of KFC nevertheless are fried chicken however KFC tried to improvement new items for aptness with present market trends including the food items that promote for fitness. Furthermore, new menu of KFC will emphasize the flavor and fitness. b. Price Maximum items of KFC are costly and majorly target the principal elegance and middle magnificence individuals. Though, the business enterprise has brought financial system meals whose charges are highly low to in shape the needs and wants of the middle class. The costs of the ingredients supplied through KFC are constantly which include the variable and attach charges. Such fees consist of exercising obligation and the tax imposed via the government in numerous areas in which it works. The corporation compares its price with the ones of the opponents this sort of McDonalds and Subway before finalizing the cost or decreasing the cost of food items. c. Place Location is any other thing that plays an essential function in marketplace opposition. It mentions to the networks of delivery, place and the sources than the final product reaches the patron. Most of the retailers of KFC can be accessed easily via the consumers. Maximum retailers are positioned in the major towns at strategic sites where clients can effortlessly get to. KFC also locates its stores next to faculties, marketplace regions, schools which will attract more clients. d. Promotion The promoting of KFC is pretty types which include TV software, internet, and customer dealings, leaflet and so forth. Furthermore, KFC invent a new menu set for it is straightforward to reserve and its keep cash. That a special menu set also is less expensive than ordinary. Products and services KFC stores sells its products depending upon the nation in which the eating place is running. As an instance, KFC sells rice burgers in Thailand. the usual merchandise served at KFC shops include chicken nuggets, wraps, French fries, burgers, hamburgers, cheeseburgers, chicken sandwiches, salads, cakes, sundaes. KFC promotes its items under the names: warm stuff, double down, dip and devour, too hot, Flurry o high. Adding wholesome food alternatives: studies display that clients nowadays are greater fitness aware and prefer healthful nutritious food over others. For KFC, this has created a possibility to increase their product list to consist of wholesome meals types along with salads and culmination. References  Alserhan, B.A. and Alserhan, Z.A., 2012. Researching Muslim consumers: do they represent the fourth-billion consumer segment? Journal of Islamic Marketing, 3(2), pp.121-138.  Anderson, J.C., Narus, J.A. and Van Rossum, W., 2006. Customer value propositions in business markets. Harvard business review, 84, pp.1-4.  Armstrong, G., 2009. Marketing: an introduction. Pearson Education.  Chesbrough, H., 2007. Business model innovation: it’s not just about technology anymore. Strategy & leadership, 35(6), pp.12-17.  Christopher, M., 2005. Logistics and supply chain management: creating value-adding networks. Pearson education.  Clow, K.E., 2007. Integrated Advertising, Promotion and Marketing Communications, 4/e. Pearson Education India.  Cravens, D.W. and Piercy, N., 2006. Strategic marketing (Vol. 7). New York: McGraw-Hill.  Gummesson, E., 2011. Total relationship marketing. Routledge.  Kennedy, J., Worosz, M., Todd, E.C. and Lapinski, M.K., 2008. Segmentation of US consumers based on food safety attitudes. British food journal, 110(7), pp.691-705.  Kotler, P., Keller, K.L., Manceau, D. and Hémonnet-Goujot, A., 2015. Marketing management (Vol. 14). Englewood Cliffs, NJ: Prentice Hall.  Kotler, P. and Armstrong, G., 2010. Principles of marketing. pearson education.  Lafferty, B.A. and Goldsmith, R.E., 2005. Cause–brand alliances: does the cause help the brand or does the brand help the cause? Journal of business research, 58(4), pp.423-429.  Madden, T.J., Fehle, F. and Fournier, S., 2006. Brands matter: An empirical demonstration of the creation of shareholder value through branding. Journal of the Academy of Marketing Science, 34(2), pp.224-235.  Osterwalder, A. and Pigneur, Y., 2010. Business model generation: a handbook for visionaries, game changers, and challengers. John Wiley & Sons.  OlyNdubisi, N., 2007. Relationship marketing and customer loyalty. Marketing intelligence & planning, 25(1), pp.98-106.  Priem, R.L., 2007. A consumer perspective on value creation. Academy of Management Review, 32(1), pp.219-235.  Sophonsiri, S. and Polyorat, K., 2009. The impact of brand personality dimensions on brand association and brand attractiveness: the case study of KFC in Thailand. Journal of Global Business and Technology, 5(2), p.51.  Steenkamp, J.B., 2014. How global brands create firm value: the 4V model. International Marketing Review, 31(1), pp.5-29.  Sun, S., 2009. An analysis on the conditions and methods of market segmentation. International journal of business and management, 4(2), p.63.  Ulwick, A.W., 2005. What customers want: Using outcome-driven innovation to create breakthrough products and services (Vol. 71408673). New York: McGraw-Hill.

Report "KFC Business Plan"