MINI PROJECT REPORT
Submitted in partial fulfillment of Master of Business Administration
Session-2021-2022
“LUXAREA LOUNGE ”
Faculty Guide Submitted By:
[Link] Pandey Garima Mishra
Associate Professor 31112
PRANVEER SINGH INSTITUTE OF TECHNOLOGY Affiliated to Dr. A.P.J.
AKTU
1|
Page
2|
Page
DECLARATION
I hereby declare that this submission is my own work. It contains no material previously
published or written by another person, nor has these materials to a substantial extent been
accepted for the award of any other degree or diploma of the university or other institute of
higher learning.
Garima Mishra
3|
Page
CERTIFICATE
4|
Page
ACKNOWLEDGEMENT
Mini Project Report is the one of the important parts of MBA program, which has helped
me to gain lot of experience, which will be beneficial in my succeeding career. For this
with an ineffable sense of gratitude I take this opportunity to express my deep sense of
indebtedness and gratitude to Dr. S. K. Bhalla, Director - Pranveer Singh Institute of
Technology and Dr. Harit Kumar, Head of Business Administration Department,
for their encouragement, support, and guidance in carrying out the project.
I am very much thankful to, my Project Guide Dr. Anurag Pandey, Associate Professor,
Department for Business Administration for his interest, constructive criticism,
persistent encouragement and untiring guidance throughout the development of the
project. It has been my great privilege to work under his inspiring guidance.
I am also thankful to my parents and my friends for their indelible co-operation for
achieving the goals of this study.
5|
Page
Table of Contents
DESIPTION OF BUSINESS IDEA......................................................................................................
INTRODUCTION...........................................................................................................................
Importance and Relevance of Business Plan......................................................................................
FEASIBILITY ANALYSIS............................................................................................................
Concept Testing.................................................................................................................................
Usability testing.................................................................................................................................
INDUSTRY AND MARKET FEASIBILITY...............................................................................
Target Industry Attractiveness...........................................................................................................
Pestle analysis....................................................................................................................................
ORGANIZATIONAL FEASIBILITY...........................................................................................
Resource Sufficiency..........................................................................................................................
HUMAN RESOURCE EXPENSES:..........................................................................................................
FINANCIAL FEASIBILITY..........................................................................................................
Capital Requirements........................................................................................................................
MARKET FEASIBILITY...............................................................................................................
7p’s....................................................................................................................................................
Conclusion........................................................................................................................................
Bibliography..............................................................................................................................................
Figure 1Figure 2...........................................................................................................................................
Figure 3......................................................................................................................................................
6|
Page
Figure 4......................................................................................................................................................
Executive summary
AS we all have seen number of cafe in our area . But my project works on providing delicious
food along with table of games ,where they can enjoy their meal and have lots and lots of
fun playing chess, carrom, pool, UNO, ludo, puzzle. solving puzzle by customers will be
rewarded by exclusive luxarea offers .winners will be hamperd as this will create an
excitment,crazziness among the customers. People go out to enjoy ,hangout with
friends ,family . somewhere they miss their childhood games and are not able to freshnup
their old memories but these all can be very nicely be available to my all age group
customers in Luxarea lounge .As playing games sharpen ull the mind helps kid to explore and
expand their view of angle.
7|
Page
Figure 1Figure 2
DESIPTION OF BUSINESS IDEA
My Project Luxarea lounge will be located in kanpur near metro citiy . As The project want
to explore the city and take it to higher level .The luxarea lounge providing the customers
food with fun .
Food with fun here relates with providing a [Link] ludo, chess, carrom ,UNO, play toys
for kids and many more indoor games which people desire to play or are missing them a lot
because for students , youth , friends are not able to meet in such places where they can have
fun , food and recall their childhood memories by playing such games
Interior design :Low-tempo music, dim lights, and warm colors all invite customers to relax,
linger, and order dessert, coffee, or an extra glass of drink. You can encourage this behavior
8|
Page
even further with seats that will keep patrons supported and comfortable over a long period of
[Link] the other hand, if you’ve ever noticed that fast-food restaurants have chairs that are
just shy of comfortable, you can rest assured that this is deliberate, as it encourages fast
turnover.
MENU
BREAKFAST
Oatmeal Almond Milk with Oranges…………………………..189
Apple Cinnamon Smoothie…………………………………….149
Tomato Poha……………………………………………………129
Curd Upma………………………………………………………119
Muesli…………………………………………………………….129
Bread Upma……………………………………………………..120
Vegetable Cheese Grilled Sandwich……………………………...149
Paneer sandwitch………………………………………………179
Paneer tikka sandwitch………………………………………..199
Veg sandwitch…………………………………………………..99
Sweet corn………………………………………………………99
9|
Page
COFFEE
Black Coffee…………………………………………………….49
Espresso ……….………………………………………………..99
Double Espresso ………………………………………………119
Macchiato. ..............................................................................149
Caffe Mocha. ..........................................................................179
Americano. ............................................................................129
Velvet Vanilla Latte……….......................................................199
Cappuccino.………….…………………………………………149
TEA
Black tea………………………………………………………...35
Green tea ……………………………………………………….50
Special ross merry tea…………………………………………60
Masala tea………………………………………………………50
Special lemon grass tea ………………………………………60
Special tulsi tea…………………………………………………50
Lemon tea……………………………………………………….45
10 |
Page
Ginger tea ………………………………………………………45
TIKKAS
Mushroom Tikka………………………………………………159
Achari Paneer Tikka…………………………………………...189
Tandoori Aloo Tikka……………………………………………129
Idli Tikka………………………………………………………...145
Malai Paneer……………………………………………………189
CHAAP
Afghani Chap……………………………………………………179
MalaiChaap…………………………………………………….189
Pudina Chaap……………………………………………………189
Stuff Chaap………………………………………………………199
Masala Chaap…………………………………………………….179
Chur-churChaap…………………………………………………..189
AchaariChaap……………………………………………………..179
Tandoori Chaap…………………………………………………..199
SHAKES / BEVERAGES
11 |
Page
Milkshake………………………………………………………….129
Strawberry shake…………………………………………………..149
Chocolate shake……………………………………………………179
Oreo shake………………………………………………………….179
Kit kat shake……………………………………………………….179
Kiwi shake…………………………………………………………189
Banana shake……………………………………………………….149
Cold drink with Ice-cream ………………………………………….149
Cold Coffee with Ice-cream…………………………………………179
Soft drinks (Any)……………………………………………………...49
STREET FOOD ITEMS
Aloo Chaat…………………………………………………………..99
Samosa………………………………………………………………30
PaniPuri…………………………………………………………….30
RagdaPattice………………………………………………………...40
Raj kachori …………………………………………………………..79
Chola bhatura…………………………………………………………79
12 |
Page
Veg biryani……………………………………………………………119
Momos………………………………………………………………...80
Spring roll …………………………………………………………….70
Cigar Roll……………………………………………………………...80
Plain dosa………………………………………………………………60
Masala dosa……………………………………………………………80
Paneer dosa………………………………………………………...…100
Idlisambher…………………………………………………………...60
Pav bhaji………………………………………………………………80
Fried rice………………………………………………………………99
Chilly Manchurian……………………………………………………120
Chilly paneer …………………………………………………………135
Honey chilly potato…………………………………………………...10
CHOICE OF PASTA
Penne...............................................................................................50
Ravioli. ............................................................................................60
Linguine. ........ .................................................................................70
13 |
Page
Rigatoni. ...........................................................................................70
Farfalle..............................................................................................80
Fusilli. ...............................................................................................80
Spaghetti. ………………………………………………………….….90
CHOICE OF PASTA SAUCE
Creamy pesto………………………………………………………100
Al fungi pasta………………………………………………………100
Fettuccine …………………………………………………………..110
Thai spicy coconut…………………………………………………..115
Aglio olio……………………………………………………………120
Arrabiata……………………………………………………………120
White sauce …………………………………………………………125
Red sauce ……………………………………………………………125
Pink sauce ……………………………………………………………130
Green sauce ………………………………………………………….130
CHAPATTIS /PARATHAS
Tawa roti ……………………………………………………………15
14 |
Page
Naan …………………………………………………………………25
Butter naan …………………………………………………………...30
Tandoor naan ………………………………………………………..20
Aloo Paratha………………………………………………………….45
Punjabi Aloo Paratha …………………………………………………50
Lachha Paratha……………………………………………………….25
Stuffed Spinach Paratha………………………………………………35
Three Grain Paratha ( Gluten Free Recipe)…………………………..45
Green Peas Paratha……………………………………………………60
VEGETABLES
Paneer Butter Masala. …………….................................................220
Kadai Paneer. ………………………………..................…………245
Malai Kofta. .................................................................................225
Palak Paneer. .................................................................................220
Chilli Paneer. .................................................................................200
Paneer Lababdar. ..........................................................................245
Paneer Tikka. .................................................................................245
15 |
Page
Handi paneer……………………………………………..................200
Mix Veg.........................................................................................180
Dal
Dal tadka …………………………………………………………….180
Dal fry ……………………………………………………………….200
Dal makhani………....……………………………………………….220
DESSERT
Pastries..................……………………………………………………..50
Bread butter pudding…………………………………………………….70
cup cake………….............……………………………………………..35
Custard.......……………………………………………………………...45
Frozen …………………………………………………..........................55
Sizzler ………………………………………………………..…………55
WATER
Mineral water……………………………………………..MRP
Black water ………………………………………………MRP
16 |
Page
GAMES
Ludo ……………………………………………………………..70
Chess……………………………………………………………..70
Carrom …………………………………………………………..80
Pool ………………………………………………………………100
UNO………………………………………………………………80
Pictionary…………………………………………………………80
Scrable…………………………………………………………….80
INTRODUCTION
There are restaurants in almost every street, which means that you have the
disadvantage of not being original. But you can always take back the wheel
by incorporating something into your restaurant’s concept to make you stand
out from all of your competitors.
In Kanpur degree of tempreture is moderate . people of kanpur love to have
tea coffee and all different sortsof food items .People love to explore their
17 |
Page
city . best place for bloggers, Youth ,kids partners family as all age groups
peoples .
Importance and Relevance of Business Plan
Get crazy. Let your imagination explore all possibilities and want to explore
my business in my city as well as outside the city . I want to introduce my
business of opening a lounge “LUXAREA” providing my customers food
with fun like ludo, chess, carrom ,UNO ,play toys for kids and many more
indoor games which people desire to play or are missing them a lot because for
students , youth , friends are not able to meet in such places where they can have
fun , food and recall their childhood memories by playing such games.
Studies have shown that playing games regularly may increase gray matter in
the brain and boost brain connectivity. (Gray matter is associated with muscle
control, memories, perception, and spatial navigation.)Improves problem-
solving skills and logic. Increased hand-to-eye coordination. Greater multi-
tasking ability. Faster and more accurate decision-making.
The climate in Kanpur is warm and temperate. When compared with winter, the
summers have much more rainfall. , so people love to take coffee tea ice ceam
18 |
Page
and all other sorts of goods . And now the idea of lounge came in my mind.
Adding indoor games , for kids ,youngsters,friends, partners,family.
FEASIBILITY ANALYSIS
Concept Testing
Self-funding – If you have enough money in the bank, then congrats, you have
crossed the first hurdle of opening a restaurant. It is also a good idea to open a
restaurant in partnerships, as it reduces the risks of investment.
Loan- You can take a loan to fulfill your restaurant dream. However, securing a
loan from a bank may include hassles as they look for collateral or someone who
can underwrite the loan.
Food Costs- Food cost is the cost of all the raw materials used in preparing a
dish. Ideally, the food cost should be around 30% of your menu price. You
should finalize the vendors for sourcing the raw materials beforehand to ensure a
smooth supply of stock ingredients.
Labor Costs – Labor cost is the second most important restaurant cost that .adds
up to the expenditures while opening a restaurant. We have discussed the
manpower you need to start a restaurant in detail, ahead.
19 |
Page
Overhead Costs– Overhead costs are the other expenses that are not related to
food or labor. These include:
Rent- The rent covers a significant part of your restaurant costs, and is
profoundly affected by the location of the restaurant. However, the rent should
never exceed 10% of your total revenues.
Interiors– You can decide on the interiors based on your restaurant concept and
theme, and your budget.
Kitchen equipment- Purchasing the right quality equipment may seem heavy
on the pockets, but they always recover their costs in the long run. Know about
the various types of essential equipment without which you cannot run a
successful restaurant
Usability testing
Product : The luxarea will be providing unique feature of gaming,
food ,fun ,photogenic area or corner , family sitting ,games for all
youngsters , partners ,friends .
20 |
Page
INDUSTRY AND MARKET FEASIBILITY
Figure 3
Target marketing: Your target market is the group of consumers – in this case, diners – whom
you will aim to attract. They are people who are most likely to buy what you're selling. The
target customer of my restaurant is all age group of people who want to spend quality time
outside their house land can recall or fresh n up their childhood memories
Target Industry Attractiveness
Industry Trends: Your first step should be to study the industry trends.
This will help you identify opportunities and threats in the industry that
may affect your profitability.
Demography: The next step is to understand the local market area
demographic and economic statistics. This will help you determine the
21 |
Page
restaurant sales potential of the market area that your restaurant plans to
serve.
Concept: It is important to decide the target audience for your restaurant.
So understanding the customer preferences is essential in developing an
appropriate concept. If you are going to open a Quick Service
Restaurant (QSR), you have to focus on the younger generations and their
food habits. On the other hand if you want to open a full-fledged dining
restaurant, you have to create an ambience so as to attract not only the
youth but also families. So it is concept that distinguishes your restaurant
from others in the market area and attracts particular customer groups.
Study your competitors: The existing market area restaurants can help
you analyze demand and market opportunities. You must assess their
competitive strengths and weaknesses and learn from their successes and
failures. So first identify the number of restaurants in your market area.
Second identify restaurants that appeal to the types of customers which
you plan to serve. Third, you should identify all the other restaurants
located in your immediate area because they will influence your business.
Answers to questions, like how they are categorising their service; what
22 |
Page
type of food are they offering, etc. – will also give you a clear picture on
how sustain your restaurant in this economically struggling society.
Location: This is very critical for your restaurant because it affects your
ability to draw customers. You must ensure that your restaurant is visible,
accessible, convenient and attractive to your market. Your location and
concept must complement each other and the site is chosen depending on
market factors and not low price. A good location itself draws a greater
customer.
Restaurant size: Size is another important factor to be considered before
starting your restaurant. You need to know the exact number of people
residing near your restaurant so as to make the seating arrangements.
Compare: Start comparing your restaurant with other successful
restaurants in the market on certain points – what products are they using;
how much money they are charging for a simple lunch order ; is their
quality better than yours; Is their service faster than yours and; what
reputation have they created in the restaurant market.
It is very important to analyse the market very carefully in addition to the
customers demand. Once properly executed, your restaurant surely stand
strong to compete in the industry.
23 |
Page
Pestle analysis
Figure 4
Political factors include government attitude to employment,
consumer protection, theenvironment, taxation, trade
restrictions, societal reforms, as well as the burden of
bureaucracyand the level of corruption. Nowadays, the
development of government bodies and the growth ofglobal
24 |
Page
trade and multinational organization can affect the business
indirectly.
Socio-cultural factors include demographics, population,
employment, income, education andcareer trends, social and
cultural conventions. These changes can be subtle and hard to
identify.
Technological factors include the development of technology
in manufacture and [Link] in technology
happens more and more frequently. LUXAREA will require
to keep up withte technology or face the risk of new entrants
and competitors.
Environmental factors include infrastructures, energy
availability and cost, and the ecologicalconsequences of
production processes.
Legal factors include current and impending legislation
that may affect the industry. Similar toeconomic and political
25 |
Page
factors, businesses should also consider legal aspects from
other countriessince they may affect the operation.
As per Food And Safety Standard Act 2006, it is mandatory
for all eateries in India to obtain and
FBO ( FOOD BUSINESS OPERATOR) License from Food
Safety And Standards Authority Of
India for the purpose of ensuring the quality of food for the
benefit of public health. Luxareawill make sure to follow all
legalities and poses the license and patents. Technology in
lounge is needed for billing purpose, for menu that people
will scan the menu bar code
• There will be desktop which will show the request by the customers and
table number.
• The staff can easily manage the request and deliver the fresh food right
to the table to the right customer.
26 |
Page
• This system can reduce the confusions and will provide better user
experience.
• Sometimes it happens that the tables get booked soon during festive
seasons therefore user can make advance booking on visiting my food
page on instagramwhatsapp prior 1 hour booking before visiting the
lounge
• It saves user time looking out for restaurants.
• The system generates online bill for requested table.
ORGANIZATIONAL FEASIBILITY
Resource Sufficiency
Accountant. An accountant will help you calculate your assets, liabilities,
and capital account entries. He will also be tasked with documenting your
financial transactions and recommending financial actions by analyzing your
accounting options. He will summarize your current financial status in a
more comprehensible way and can substantiate your financial transactions.
You may also see quality plan examples .
Attorney. Businesses always include legal documents and this may be a
matter you have no sufficient knowledge in. An attorney can help you with
that. He can also aid should you have any legal disputes and taxation issues.
27 |
Page
He can help you negotiate your case to a court and help you preserve your
intellectual property if the need arises.
Designer. An important key to succeed in this platform is to develop a
human-centered approach. A business designer is an expert in these things,
and he will help take your business toward innovation. He will be assigned
with concocting principles and practices that can help you develop a
competitive advantage. You may also like scope management plan
examples.
General Contractor. A general contractor is responsible for providing all of
the material, labor, and equipment that will be necessary in the construction
of your project. Basically, where the accountant, attorney, and designer are
hired for mental work, your contractor will do all the physical ones for you.
• Public Relations. Managing a business is already a handful. You don’t need
to think about your publicity and image on top of it all if you have a PR or
marketing team. Leave it to them to understand your clients, and make sure
that their needs and expectations are met so that they become more than just
a one-time customer but a regular patron.
28 |
Page
HUMAN RESOURCE EXPENSES:
NUMBER OF STAFF AND THEIR SALARIES
Sales No. of EMP SALARY OF EMP
Chef 4 48,000
Manager 1 25000
Waiters 2 16000
Claning staff 1 5000
Total amount 94,000
OTHEREXPENSES
EXPENSES
ELECTRICITY 50000
RAW MATERAIL GOOD 200000
INTERIOR 300000
MACHINES 200000
LICENCE AND PETENT 300000
29 |
Page
GAMES 90000
FINANCIAL SUPPORT RESEVE 5,850,000
FOR 3 MONTHS
TOTAL 1,950,000
FINANCIAL FEASIBILITY
Further into the business plan, a thorough financial
analysisshould be conducted. At the early stageof a businessidea,
a board financial analysisis sufficient.
Capital Requirements
A business requires capital to purchase assets, acquire required
resources and operate. Capitalexists in many forms such as
equipment, office, cash, and inventory. New ventures need
todetermine how much capital they need to start and run the
business in the first year.
For the initial starting of the LUXAREA the amount of capital
that is required to be invested in is 80-90LAC rupees.
30 |
Page
When capital requirements are identified, entrepreneurs need to
define the sources of capital. Thereare many sources for capital,
but they can be classified into equity capital and debt capital.
Equitycapital represents owners’ personal investment in the
[Link] the LUXAREA equity capital isbeing invested in
the form of:
• Family funds worth 20Lac
• Personal Savings worth 10Lac.
Debt capital refers to the wealth that an entrepreneur borrows.
Debts need to be paid back withinterest.
For the LUXAREA debt capital being invested is:
• A bank loan worth 10Lac rupees which is a personal loan from
a non-bankingfinancial institution.
• A gold loan worth 5lac rupees from muthoot finance.
While debt capital allows the entrepreneur to keep ownership, it
is considered a liability.
31 |
Page
MARKET FEASIBILITY
Figure
7p’s
1. Product
Product refers to the object or service you’ll sell to customers. For your food
delivery service, the product is your menu. Your dine-in menu can be different
from your delivery menu. For example, you may be serving ice cream to dine-in
customers, but you may not want to deliver it, considering the logistical issues
involved.
You can specialize in a particular type of cuisine—Italian, Chinese, Thai, or
Indian—to position your business uniquely. Quality products are another must-
have, so ensure that you follow food safety procedures and your products meet
hygiene standards, such as the FDA’s Food Code.
32 |
Page
Delivery is the service you’ll be offering along with your menu (the product).
Ensure that deliveries are on time and done with utmost courtesy. Use food
delivery applications and GPS tracking solutions to improve the delivery
experience for customers.
2. Price
The core components of your pricing structure will primarily include:
• Menu item price: Price of each food item on your menu.
• Packaging fee: Fee charged for packaging orders.
• Taxes: Applicable sales and other taxes based on local rules.
• Delivery fee: Fee charged for delivering orders.
While deciding on pricing, ensure that your business has a healthy profit margin,
but don’t forget to factor in competitors’ prices. Review your prices regularly or
when market conditions or supply chain costs change.
Use pricing optimization tools to determine how much discount you can afford
and to plan special offers and loyalty initiatives. Regularly analyze competitors’
pricing strategies to position yourself better.
3. Place
33 |
Page
Place refers to the channel through which you’ll sell your product. It can be a
website; mobile app; phone call; or text, WhatsApp, or social media message.
Determine which channel(s) you’ll be able to invest in and proceed accordingly.
Taking customer orders via WhatsApp or voice calls is the least expensive
means to get started, especially if you intend to begin your delivery service
immediately.
You can also choose to build your delivery website and mobile app. These
channels will allow you to showcase menu items and receive online payments
using point-of-sale (POS) apps. Ensure that your brand logo and colors are
highlighted across the website and app and that both have an uncluttered and
easily navigable interface.
Use these DIY website and application builder apps to build a website or mobile
app yourself. You can also use food delivery software to set up online delivery
for your restaurant. If budget isn’t a concern, consider listing your restaurant on
third-party food delivery platforms, such as Uber Eats or DoorDash, to increase
reach and visibility.
4. Promotion
34 |
Page
Promotion includes all the activities involved in marketing your products and
services. Email marketing, social media marketing, pamphlets, hoardings,
participation in events, etc., are some common methods to promote your food
delivery service.
Content marketing is another area you should focus on to promote your
business. Optimize website content with relevant keywords, such as “order
online” and “food delivery,” to rank higher on search pages and attract more
customers. Maintain a restaurant blog where you can feature your specials, share
unique recipes, announce big changes to your restaurant, etc.
Use analytics tools to identity communication channels used most frequently by
customers. Connect with your customers regularly, and ensure consistent
messaging across marketing initiatives. Train your delivery personnel to handle
customers politely. Their punctuality and behavior toward customers also help
promote your business.
5. Process
Process covers the business operations of your food delivery service. You must
clearly outline your process flow and ensure that every task has been accounted
for. For example, you must have provisions for removing out-of-stock items,
35 |
Page
processing refunds, identifying customer locations outside of your delivery zone,
etc.
Having well-defined processes helps identify bottlenecks and determine which
tasks can be automated or need manual intervention.
Figure
6. Physical evidence
Physical evidence refers to the tangible and intangible elements customers come
across when interacting with your business.
36 |
Page
Restaurant building, seating, and ambiance are the physical evidence for your
dine-in restaurant. For your food delivery service, evidence will include your
website or mobile app. An easily navigable website or mobile app that is well
designed, loads quickly, and supports multiple payment options will help create
a positive impression on your customers.
Packaging is another physical evidence. Distinct packaging colors or innovative
packaging methods, such as using reusable or organic materials, will make your
brand stand out. Your delivery personnel’s uniform is also physical evidence. It
can make your brand colors/logo stand out even at a crowded traffic signal.
7. People
People or human resources are your most valuable asset. Their manners,
attitude, hospitality, and other traits will be matched/associated with those of
your brand. Thus, they play a vital role in enhancing customers’ experience.
Train your employees, including delivery staff, customer service representatives,
chefs, marketers, and salespersons, so they represent your brand well.
Now that your dine-in restaurant may be operating at less capacity, consider
realigning employee roles. For instance, your receptionist could take on some
37 |
Page
delivery responsibilities. Depending on demand, you can also consider hiring
part-time or contractual staff.
Conclusion
AS we all have seen number of cafe in our area. But my project works on providing delicious
food along with table of games, where they can enjoy their meal and have lots and lots of
fun playing chess, carrom, pool, UNO, Ludo, puzzle. solving puzzle by customers will be
rewarded by exclusive lux area offers. winners will be hampered as this will create an
excitement, craziness among the customers. People go out to enjoy, hangout with friends,
family. somewhere they miss their childhood games and are not able to fresh up their old
memories but these all can be very nicely be available to my all age group customers in
Luxarea lounge .As playing games sharpen all the mind helps kid to explore and expand their
view of angle.
38 |
Page
Bibliography
Carthy, E. (2021, february 18). Retrieved from ASSEMBLO: [Link]
the-7-ps-of-marketing/
39 |
Page