Smith Family Food Company By: Jessica Parrish
Smith Family
Food Company By: Jessica Parrish
Who is Smith Family Food Company?
Laura Smith, Owner
Based in Greenville, N.C.
Caterer for 12 years
Tapped for the Food Network to produce an event
Currently manufactures1,000,000 biscuits a month
Current
Products
Apple cinnamon biscuits
Cheese wafers (multiple flavors)
CheesecakesOreo
turtle
white chocolate
Future Products
Goals
Commercial Bakery in North Carolina
Manufacturing high volume
Storefront
More products
Co-produce for other bakeries
Current Situation
Laura has decided to build the commercial bakery with a
storefront in Ayden, NC.
My Project
Create a Financial Business Plan
Organize projections for investors
Future Financial Projections
Marketing Strategy
Business Strategy
Start-up requirements
SWOT analysis
Market segmentation
FinancialsStart-up
Requirements $_________
Start-up Expenses $_________
Legal $_________
Office Supplies $_________
Marketing $_________
Consultants $_________
Insurance $_________
Mortgage $_________
Research and development $_________
Bakery Ingredients $_________
Other $_________
Total Start-up Expenses $_________
Start-up Assets $_________
Cash Required $_________
Other Current Assets $_________
Long-term Assets $_________
Total Assets $_________
Total Requirements $_________
Future Projections
SWOT Analysis
Hiring Plan
Owner
Receiving Clerk
Stockman
Accounting Team
Baker(s)
Quality Control Technician
Marketing and Sales Team
General Workers
Janitors
General Manager
Chief Financial Officer
Next Steps
Laura will begin construction on the manufacturing
plant in mid 2016
Final Recommendations
After finishing the project I came up with some
immediate suggestions for 2016