Wing Factory Business Plan

Improved Essays
◦ The purpose of the company is to provide great food with entertainment in the evening. At the same time, Members of the organization will show support to the local community by assisting during events. ◦ The idea of Wing Factory took roots during a family event. Three friends saw the economy improving and understood more people were willing to go out to spend money and enjoying a moment at lunch and evening. ◦ Wings will be the main entree throughout the menu. Additionally, sandwiches, and meal from different time in the day. ◦ There is a strong market for this form of business. The location has to be ideal to maintain a great flow of consumers. Consumers like great product and services, therefore will encourage friends to visit the business. ◦ The business philosophy is to treat every customer …show more content…
J. Pagliery. (2013). Big Business in Wings. CCN. Retrieved From http://money.cnn.com/2013/08/02/smallbusiness/chicken-wing-craze/ Financial and Funding Request

The Executive Summary
The Finance support for the first year will be $200,000. Three investors are contributing to the financial balance sheet, Primary owner 50% of cash, and 25% from each of the individual. A formal plan will be created by a professional. A steady month to month profit will be shown in the financial spreadsheet to display a healthy business.

Although, it would be cost effective to maintain a small business bookkeeping via software, a professional should be consulted on a quarterly basis for a neutral point of view.
A healthy balance sheet shows growth and good health, a backup emergency fund will alleviate stress on all owners. Overall, the business will rely on all investors

Lastly, the financial spreadsheet records for a few years perspective on how the business will survive and hopes not to become a

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