Business Plan ASEAN Restaurant MA0N0201 Elise MA0N0232 Huyen Enterprise Mission: To transmit the South East Asia culture through food in the world, especially Taiwan. To bring some local food back to Asian who are working and living in Taiwan. Enterprise Objectives: Help all people taste Asian local food from three representative countries such as Vietnam, Thailand and Indonesia Help all people learn how to cook Asian local food Sell Asian local food and also products made in all countries of South East Asia Product line: Asian food Vietnamese food Thai food Indonesia food Products were made by countries of South East Asia Ingredients Noodles, cookies, drinks Tourism magazines, books Asian souvenirs Cooking courses Enterprise Structure: One restaurant One central kitchen: cooking, inventory warehouse One small kitchen: teaching cooking course One retail store One staff office Sales channels: Restaurant Retail store Cooperative sales: group order (event, lunch box order) Online website Organization structure: CEO (the owner of the restaurant) One restaurant manager Three Cooks (cooking and teaching) Clerks One retail store manager One salesperson The administrative chef officer One merchandise: in charge of purchasing materials, managing the source for restaurant and store One accountant One marketer One human resource clerk Supply chain All products are imported from countries of South East Asia, however some ingredients can be substituted for real flavor of local food will be sought in Taiwan. All products will be managed, stored, distributed, and controlled by the enterprise. Table of Contents 1.0 Executive Summary 2.0 Company Description 2.1 Mission Statement 2.2 Objectives 2.3 Products and Services 3.0 Industry Analysis 3.1 Industry Size and Growth Rate 3.2 Industry Trends 4.0 Market Analysis 4.1 Market Segmentation and Target Market Selection 4.2 Competition 5.0 Company Structure 6.0 Operations Plan 6.1 Business Location 6.2 Facilities and Equipments 6.3 Supply Chain 7.0 Challenges and Risks 8.0 Financial Assumption 8.1 Important Assumption 8.2 Projected Profit and Loss 8.3 Projected Cash Flow 8.4 Projected Balance Sheet 8.5 Business Ratios Appendix Reference Executive Summary This business plan realized the opportunities to catch up the popular trend in Taiwan immersing many foreign civilizations. Taiwanese absolutely enjoy the worldwide culture in order to integrate with all friends from eastern to western. As we know nowadays China and India are two biggest representatives for developing countries in Asia, but one of the other giants is the Asian with 10 countries possessing many special cultural features, which is reflected through the local cuisine appealing to foreigners. Our team dedicatedly works to bring Taiwanese – the most friend people in the world one unique gift as the Asian culture having not known here. And finally we come up with an idea on the ASEAN Restaurant in Taiwan, and the first place occurring to our mind is Tainan. Tainan is a city in Southern Taiwan. It is the most antique city of Taiwan with the impressive economy growth, and also the convenient transportation, especially the number of foreigners study and live in Tainan is increasing. The goal of the ASEAN Restaurant is to serve quality and exotic food in Tainan, have outstanding customer service, run and maintain a cost efficient base without sacrificing the quality. The ASEAN Restaurant serves high quality food and beverage in an inviting and friendly atmosphere at reasonable prices. The ASEAN Restaurant is expanding its exposure through effective marketing as well as introducing the area to market segments that have not yet discovered the restaurant. Company Description 2.1 Mission Statement The ASEAN Restaurant is a private-owned restaurant that serves food that mixed with Thai, Vietnamese, and Indonesian style, and offers a cozy atmosphere with friendly and sincere staff. The ASEAN Restaurant offers the full service including the affordable, high Asian cuisine quality and the imported ingredients from South East Asia. The goal is also to provide some cooking courses taught by the experienced cooks. All of which will can transmit the South East Asia culture in the world, especially in Taiwan and bring some local food back to Asian working and living in Taiwan. 2.2 Objectives Provide the best Asian local food from three representative countries such as Vietnam, Thailand and Indonesia with the reasonable price and high quality. Cooperate with some suppliers in some countries in Asian area to import ingredients. Create the restaurant complex with three different parts and all of which would be operated systemically with the mutual connection. Expand the restaurant chain throughout Taiwan, especially Taipei, Kaohsiung, Taichung, Tainan. Create an atmosphere where people can understand and discuss the Asian culture. 2.3 Products and Services The ASEAN Restaurant menu offers the local food from three countries such as Vietnam, Thailand and Indonesia. The reason we choose these countries' cuisine to become the typical local food for Asian is that they have special features for our region. Firstly, Lao and Cambodia and Thailand have the similar cultural features. And also in Indonesia, Malaysia, Singapore there are the most Muslim population and Hinduism people. The last, Vietnam with their special food however some cuisine still are similar to Chinese food. In our menu we will provide more Vietnamese and Thai food than Indonesian food because Taiwanese still have the similar taste to Vietnam and Thai food. We will work with the fresh ingredients such as seafood, pork, beef, and many kinds of vegetables, which probably are bought in Taiwanese suppliers; however some special ingredients, flavor or additives will be imported from these countries. The menu offers several special desserts or beverage from the Asian region. In an effort to appeal today’s increasing number of consumers who insist on consistently high quality and the hygiene standards, good tasting and typical Asian food so we always develop the menu on an going basis. And the menu will be written in Chinese and English, as well as local languages of three countries. All kinds of local food herein are searched on the website representing the local food in each country, and also are referred by the local people. Vietnamese food 1. Pho (Vietnamese beef/pork/chicken noodle soup) 2. Fired spring roll (Cha gio chien) 3. Fresh spring roll (Banh trang cuon) 4. Grilled pork chop with broken rice (Com tam suon nuong) 5. Grilled pork with rice vermicelli noodle salad (Bun thit nuong) Vietnamese dessert 1. Baked banana pudding (Banh chuoi nuong) 2. Mun bean pudding (Che hoa cau) 3. Snowball cake (Banh bao chi) Thai food 1. Tom yun Goong (Thai prawn soup) 2. Pad Thai 3. Curry coconut chicken Thai dessert 1. Thai mix dessert 2. Tob Tim Gob (Red ruby) 3. Khanmon Chan (Multiple layered sweet) Indonesian food 1. Basko 2. Nasi uduk 3. Ayam goreng Indonesian dessert 1. Bulur Pulut Hitam (Black rice dessert) 2. Getuk Lindri (Coconut sweet potato cake) 3. Kue Mangkok (Cup cake) Cooking course 1. The main objective of cooking courses is that we not only transmit the Asian culture through food to the people try to understand the specialty of this abundant civilization region but share the cooking passion and knowledge to the cooking lovers as well. 2. Our restaurant will offer several cooking courses about the local food of South East Asia. All the recipes will be written down by the cooks of our restaurant. 3. We will classify three classes including Vietnamese cooking course, Thai cooking course, and Indonesian cooking course. 4. Cuisine list for the courses includes not only the food in the menu of our restaurant but also the featured food recipes to meet needs of customers. 5. The students will be instructed directly by the cooks of our restaurant. 6. To guarantee the class quality, we will set up one class size with 5-6 students. All students will pay attention to how the cooking is taught and also the cooks can instruct dedicatedly whether the students want to know more about local ingredients or get lost. Industry Analysis 3.1 Industry Size and Growth Rate According to the Department of Statistics, Ministry of Economic Affairs, R.O.C. that the food and beverage industry got 3,218 billion NTD of total revenue in 2009. In between, 2,100 billion NTD was in restaurant industry and accounted for 81% in the whole food and beverage industry. The number of store in the industry is keep rising over the years. In 2009, there were 72,050 restaurants out of 98,932 of total food and beverage stores. The growth rate in 2009 was 4% higher and the number of store was also 4,224 more than previous year. The average salary of restaurant for the employees was 24,071 NTD which is lower than 33,093 NTD at other business in food and beverage sector. In 2010, 66.85% of food stores were distributed in Northern part of Taiwan and only 17.28% of stores in Southern Taiwan. The total revenue was 3,721 billion NTD in 2011 which is 7.94% higher than 2010. Restaurant industry reached the highest growth rate by 8.60%. The total number of food stores in 2010 was 102,129. The food and beverage industry has a lower limit for entering the market. From the statistic showed in Financial Data Center, Ministry of Finance, R.O.C., about 75% of stores had 50 million NTD to 500 million NTD revenue and 0.05% stores had around 2 billion NTD in revenue. 3.2 Industry Trends The popularity of eating out in Taiwan is continuous growing. Healthy food, good taste and diversification are important elements for people to choose restaurants. Inflation is the uncertain factor in the future growth of consumer food service in Taiwan. High prices in materials, gasoline and utilities erode consumer spending power and will influence the future performance of consumer food service. To overcome the negative impacts from expected inflation, players will have to reposition their marketing strategies in pricing and product value. Market Analysis 4.1 Market Segmentation and Target Market Selection ASEAN Restaurant focuses on local residents and anyone passing by who wants to enjoy a good meal in bright, clean, and comfortable surroundings. ASEAN Restaurant's market segmentation scheme is fairly straightforward on the target market, the residents and tourists in Tainan City. There are universities around Tainan, Train Station and also have many foreign students who miss their home country's delicacy and travelers who would like to try something new. 4.2 Competition Competition in the restaurant industry is very highly competitive and there are also many well-established competitors with substantially greater financial and other resources than we have. Because we operate in the exotic dinning restaurant segment of the restaurant industry, we have to consider two kinds of competitors in this industry comprising of dinning restaurant with Taiwanese food, and exotic restaurant such as India restaurant, Vietnamese restaurant, Indonesian Restaurant, etc. In addition to current competitors, one or more new major competitors with substantially greater financial, marketing and operating resources could enter the market any time and compete against us. Also in virtually every major metropolitan area in which we operate or expect to enter, local regional competitors already exist. They may make it more difficult to obtain real estate and advertising space and attract, retain guest and personnel. They are competitors against our restaurant in Tainan city: 1. Heidelberg-Authentic Austrian and German Food 2. Indian restaurant 3. Jennifer Salsa Bar & Restaurant 4. May Thai Restaurant 5. Mexican Restaurant 6. Mini’s Japanese Kitchen 7. Hsiao Nan Vietnamese Restaurant 8. The Big Happiness 9. Siripon 10. Papaya Thai 11. 500 Miles Greek Restaurant Company Structure Executive Chef Restaurant Manager In-FrontHouse Store Manager General Manager Cooking/Course Manager Salesperson Cook / Teacher Accounant Marketing Administration Office Chief Human Resource Merchent IT CEO (the owner of the restaurant) One restaurant manager One executive chef and three cooks in charge of cooking and teaching One in-front-house manager Waiters and waitress, receptionist (cashier), washers (includes 6 waiters and waitresses, 1 receptionist, two washers) One retail store manager One salesperson One cooking course manager One administration chief officer One merchandise One accountant One marketing clerk One human resource One IT General Manager The general manager is responsible for the day-to day-decision-making of the restaurant. They are responsible for scheduling and payroll paperwork as well as sales accounting and money counting. The general manager does most of the restaurant's hiring and firing. The general manager must also stay in regular contact with ownership to both relay information and request guidance. General Managers often work the most hours in the restaurant because they are key holders that work from open to close. Executive Chef An executive chef is the manager of the entire kitchen. They are responsible for the products coming into the kitchen from vendors and suppliers. Executive chefs report directly to the general manager about inventory and ordering. The executive chef is also responsible for all the meals that leave the kitchen. Executive chefs are usually consulted in the interview process for all kitchen help. They take responsibility for all the decisions made in the kitchen regarding everything from quality control to nightly specials. Front of the House The front of the house manager is an important tier in the restaurant chain of command. The term "front of the house" refers to not only the dining area but all parts of the restaurant excluding the kitchen. The job of the front of the house manager is to assist the general manager and the executive chef in customer relations and managing front of the house employees. They are charged with choosing and monitoring the performance of shift leaders. They are also responsible for the appearance of the staff and the restaurant. Store Manager We will open one retail store in our restaurant complex to sell several local items imported from Asian region. Store manager take responsibility to manage all the items bought and sold, and then report to the general manager about the sales and purchase amount every month. And the store manager will cooperate with the marketer to promote sales, also with merchandise to check or suggest the purchase amount or search for other local items to diversify many kinds of products. Cooking course manager Cooking course manager will take over to make the course schedule, collect and edit the recipes from cooks, manage all equipments in the class kitchen, and cooperate with marketer to promote cooking courses and also with merchandise to suggest all materials used for the all classes. Administration Chief Office Administration Chief Office will manage generally marketing, human resources, accounting and merchandise, and then report to the general manger. Otherwise, he/she can help general manager solve the administrative problems in our restaurant complex. Operations Plan 6.1 Business Location The option for location is close to the Tainan Park. This location will be important because the National Cheng Kung University is just nearby, as is the Tainan Train Station. Students and tourists will have a new dining spot which is much needed. If the ASEAN Restaurant can locate close to the Tainan Train Station, the big amount of crowds will be a key to success. The desirable location will have plenty of parking space, also high traffic and high visibility. As the ASEAN Restaurant gains community recognition in the Tainan area, we will expand to one or both of the neighboring shopping malls. Once the market is developed expansion to other cities is anticipated. 6.2 Facilities and Equipments Restaurant Dining and cash register area Necessary furniture and supplies Central kitchen Commercial refrigerator Walk-in cooler Knife magnet Fire extinguisher Char broilers Ranges Food preparation supplies (slicer, cutter, chopper) Meat grinders Proofing and holding cabinets Kitchen supplies (brushes, can openers, chef’s hats, coats, shirts, cutting boards, dishers & ice cream scoops, food safety items, forks, skimmer square, bowl basket, grease filters, kitchen floor mats, kitchen gloves, metal ladles(va), measuring cups & spoons, peelers, bowls, mixing paddles, oven mitts, digital scale, spoon, steam table pans & covers, strainer & rollers, buckets, tongs, whips (danh trung) Cooking supplies Glassware Warehouse: storing the all dry raw materials, ingredients for cooking and some items for selling One small kitchen: cooking course Staff office Necessary furniture, office supplies Retailing area: selling imported ingredients, spices, souvenirs, cookies Group order system: lunchbox order, event catering service Online website Online/phone reservation 6.3 Supply Chain Manufactuers / Growers Distributors in ASEAN Retail store / Restaurant Distributors in Taiwan Manufactures Customers Food service supply chain will provide raw materials to produce all goods for food service customers. The relationship among supply chain is the key to the efficient movement of product. Supply chain plays a role as a network of internal and external functions and processors that involved in procuring, moving and transforming the basic raw materials into one product. In the restaurant industry, the products from farmers, manufacturers transferred to the distributors dispersing all to the restaurants, which are set up one supply chain for restaurant industry with the information flow among all members of distribution networks. Our restaurant also established our supply chain network based on the basic process in order to deliver all raw materials, ingredients to our restaurant to make good cuisine and then sell to customers. Firstly, we choose the distributors in Taiwan with raw materials such as meat, beef, pork, or seafood. We will consider and classify about any ingredients we can find in Taiwan. Besides, our merchandise will purchase specialty items from local beverage, local ingredients distributors in Asian region. Since these local Asian items are imported, we have to consider all transportation cost or their maintenance. Our restaurant always set up the good relationship with a distributor based on three factors: price, service, and quality. Which of all is pricing is dealt with the number of orders, the frequency of orders, delivering distance or ease between the warehouse and restaurant. And also we can negotiate the service from the distributors through the order size, the order-entry mechanism. The quality of products is our priority so we all notice all item condition to measure the quality of products delivered to our restaurant. The merchandise will operate the volume, frequency and speed of items prepared for all demands of the restaurant and then makes arrangements. They also negotiate the type of the contract in order to gain access to the invoice cost of manufacturers’ products. Challenges and Risks Restaurant industry is one of the most fiercely competitive industries in Taiwan because eating out is very much a part of the food culture in Taiwan. Doing business in this industry always take challenges and chances. The first challenge is that until now there are approximately 78,822 restaurants in Taiwan, which of them are the western restaurants, Japanese restaurants and others. Taiwanese people would like to enjoy the kind of food that they are familiar with. Secondly, the Asian culture has not been well-known among Taiwanese so the Asian food still is strange for them, however some Taiwan have tried few Vietnamese cuisine, for example Pho. And also almost the ingredients of the local food are imported from the South East Asian countries so our business maybe has some difficulties on transporting. According to the statistic data, Taiwan imports more food from western countries than Asian countries so the competition of ASEAN Restaurant in available ingredients for producing food western restaurant is weaker than that of western restaurants or local restaurants. Our restaurant also takes risk in rentals because the rent rate is more and more expensive and the good position is now occupied by the other restaurants. For example, at Tainan station the good place for opening the restaurant complex is very hard to find. Financial Assumption 1. Growth will be moderate, cash flows steady 2. Sales increase at steady rate of 4% per year 3. Cost will increase at a rate of 1% to 2% per year 4. The restaurant will invest residual profits into financial markets and not restaurant expansion ( unless absolutely necessary) 5. General maintenance and repairs will be kept up to maintain a solid operation 8.1 Important Assumption The financial plan depends on important assumptions, most of which are shown in the following table as annual figures. The key underlying assumptions are: We assume the equipment is in good working order We assume this will happen in the next three to six months We assume a slow-growth economy, without major recession We assume access to loans and financing are sufficient to maintain and fulfill our financial plan We assume the landlord will have no problem allowing is to take over the current lease General Assumptions Year 1 Year 2 Year 3 Current Interest Rate 2% 2% 2% Long-term Interest Rate 2.5% 2.5% 2.5% Tax rate 20% 20% 20% Other 0 0 0 8.2 Projected Profit and Loss The most important assumption in the projected profit and loss statement is the gross margin. Maybe in the first period 2 years our restaurant will not get much profit as we expect, but we can get the customer base and the popularity as well as reputation. The growth will increase steadily towards the third and fourth year of business. Year 1 Sales Direct Cost of Sales Other Cost of Sales Total Cost of Sales Gross Margin Gross Margin % Expense Payroll Sales and Marketing Promotions Depreciation Insurance Paper cost Coupons Trash Disposal Uniforms Telephone Maintenance & Repairs Outside services Cleaning & Dish-washing Menus& Guest Checks Linen & Laundry Music Advertising Taxes Bank Charges Payroll taxes Year 2 Year 3 Office expense Total Operating Expense Profit Before Interest and Tax EBITDA Interest Expense Taxes Incurred Net Profit Net Profit/Sales 8.3 Projected Cash Flow The cash flow depends on assumptions for inventory turnover, payment days, and accounts receivable management. Our projected same-day collection is critical, and is reasonable and customary in the restaurant industry. We do not expect to need significant additional support even when we reach the less profitable months, as they are expected. The first six months of openings has shown huge sales volumes. We expect this volume, however our projections do not reflect this high volume. We have many expectations about the sales. And we hopefully would make a loan to invest into our business. Otherwise, we would call for the capital from our relatives or friends, investors interested in our plan. Year 1 Cash Received Cash from operations Cash sales Subtotal Cash from Operations Additional Cash Received Sales Tax, VAT Year 2 Year 3 Received Current Borrowing Other liabilities Long-term Liabilities New investment Received Subtotal Cash Received Expenditures Expenditures from operations Cash spending Bill payments Subtotal Spent on Operations Additional Cash Spent Sales Tax, VAT paid out Liabilities Repayment Purchase Other Current Assets Subtotal Cash Spent Net Cash flow Cash balance 8.4 Projected Balance Sheet The projected Balance Sheet is quite solid. We do not anticipate difficulty meeting our dept obligations providing that we achieve our specific goals. Year 1 Year 2 Year 3 Assets Current Assets Cash Inventory Other current Assets Total current Assets Long-term Assets Accumulated Depreciation Total Long-Term Assets Total Assets Liabilities and Capital Current Liabilities Accounts Payable Current Borrowing Other Current Liabilities Subtotal Current Liabilities Total Liabilities Total Liabilities and Capital 8.5 Business Ratios We expect our net profit margin, and gross margin to increase steadily over the two years. And also our business is run well with the impressive ratios such as return on assets, return on equity, inventory turnover. Basically we estimated our capital at the first stage including the below cost: 1. Rental: 20,000NT/per month * 12 months = 2,400,000NT 2. The fixed cost: 2,000,000NT 3. The ingredients cost: 1,000,000NT 4. The labor cost: 30,000NT/per manager per month * 4 managers = 120,000 NT 500,000NT/per cook per month * 3 cooks = 150,000NT 20,000NT/per clerk * 6 clerks = 120,000NT 15,000NT/per waiter * 9 waiters = 135,000NT To conclude, our venture need at least the capital amount about 5,925,000NT to pay for the fixed cost and the rentals, and also the first month salary for the staff in case we can not sell. Appendix Recipe 1 Tom Yam Goong (a very popular Thai soup with prawns) If you thought that all soups are mild and easy dishes to be casually sipped before a meal, think again. Tom Yum Goong is the name given to a very popular Thai soup that is hot, spicy and sour. Goong is the Thai word for prawns and Tom Yam Koong or Tom Yum Goong (mean the same thing) have prawns as a main ingredient. The tom yam goong recipe on this page explains in detail the procedure to be followed to make this popular Thai soup dish. Go through the ingredients used to make the Tom Yam Soup and you will easily find out, which of these gives the thai soup the hot and sour taste. After making your Thai Tom Yum soup for a couple of times, try adjusting the quantity of ingredients to make subtle changes in the tom yum goong recipe to suit your taste. This dish of tom yum kung clearly shows that, the heads and shells of the prawns are taken off when following the recipe for the tom yam soup. The tails are retained on the prawns but are not eaten, they are kept aside (to be thrown away) when eating the tum yam goong. Ingredients (suitable for 5-6 persons) Medium size raw prawns 500 grams (16 oz) Cooking oil 1 tablespoon Big jug with water About 2 liters Turmeric powder 2 teaspoons Processed tamarind 2 tablespoons Red curry paste 2 tablespoons Fine red chillis, chopped 1 teaspoon Shredded kafir lime leaves 5 leaves Fish sauce 3 teaspoons Lime juice 3 teaspoons oft brown sugar 2 teaspoons Coriander leaves (fresh) 1/3 cup Procedures: 1. Working with the prawns: The prawns are the main ingredient in the tom yum goong recipe so we will first start working with the prawns or, 'kung' as they are called in Thai. First, wash the prawns and take off the heads. Now, peel the prawns and remove the shells, the tails are retained and not taken off the prawns. Do not throw away the prawn heads and shells as, we will be using them in this tom yam soup recipe. Use a sharp knife and slit each prawn, devein all prawns. Take care to see that the sharp knife does not cut your finger. Next, keep the prawns aside, we will soon use these prawns to make our tom yum kung soup. You will also have the prawn heads and shells, we will be using these in the next step. 2. Preparing the stock for the tom yam soup: Put the 1 tablespoon of oil in a large pan and heat it. Now add the heads of the prawns and the prawn shells (that we kept aside earlier) into the pan. Set the heat to a medium level and cook for around 10 minutes. Toss and stir the contents of the pan during the 10 minutes that you cook them. The heads and shells will soon turn deep orange in color and that is a sure sign that they are sufficiently cooked. Now add 3/4 cup water into the pan and also include the red curry paste, boil the contents for around 5 minutes. The contents of the pan would have reduced to a slightly lower level (shrunk). Since we intend to use this as the main stock for our tom yum goong recipe, we will need to increase the volume of water at this stage. Add the remaining water to the pan and simmer for around 20 minutes. You will then have to separate the prawn heads and prawn shells from the pan and retain tha liquid. Drain the contents of the pan and remember that, it is the water that we will be using in our recipe for tum yam kung and not the shells and heads. At this stage, you can throw away the heads and shells of the prawns and put the liquid stock back into the pan. 3. Adding the other ingredients: We will first add some of the ingredients that we reserved earlier. Add the processed tamarind, turmeric powder, chopped chillis and kafir lime leaves to the pan. Notice that we have not yet added the main ingredient in our tom yum goong recipe, which is the prawns. Boil the contents in the pan for around 2 to 3 minutes and it is now time to add the prawns into the pan. Put the prawns into the pan and cook for 5 to 6 minutes. The prawns will turn to a pink color once cooked, so you will need to keep observing the cooking process. At this stage turn off the heat under the pan and move to the next step, your tom yam koong will soon be ready to serve. 4. The finishing touches: You would have noticed that, the recipe for tom yam koong requires different ingredients to be added at different times during the tom yum goong making process. There are still at this stage, a few ingredients that we have not added to our tom yam goong, so let's do it now. Add the brown sugar, lime juice and fish sauce into the pan, stir or toss the contents a bit to ensure that these ingredients are well mixed into the tom yum soup. Your hot and spicy tom yam kung soup tastes best when served immediately, sprinkle the coriander leaves on top before serving. Additional tips: 1. Processed Tamarind: The tamarind along with the lime juice is what gives the tom yum goong soup it's sour flavor. Processed tamarind is sold in grocery stores and is very convenient to use, the seeds of the tamarind and other inedible portions are taken off the tamarind in the production process. It is sometimes referred to as 'instant' tamarind as, it readily dissolves in water and there is no need to take out and discard any residue. Tamarind is an essential ingredient for your tum yum kung soup but, there is a way out if you cannot find readymade processed tamarind. Take a small lump of regular tamarind and soak it in warm water for around 15-20 minutes. The quantity of water should be a little more than the tamarind portion that you use. Do not use too much water when doing this as, it could dilute the other ingredients used in the tom yum goong recipe. Once the tamarind is well soaked, press the pulp with your fingers and take out the seeds and any other strings from the mixture. You can now use this tamarind mixture in your tom yam koong recipe. 2. Readymade tom yam mix: It is quite likely that your local grocery store has a readymade tom yam mix. This could be in the form of a cube or in a sachet like a paste. All you need to make your tom yum goong would be to put the recommended quantity of the tom yum mix in water and boil it. The remaining ingredients like the prawns can then be added to the boiling liquid. This quick choice might not be an attractive option for those of you who wish to taste good tom yam goong and probably even fine tune the taste to your preference Recipe 2 Pad Thai Noodles, Recipe For Phad Thai This is a favourite Thai food dish, you can find a variety of recipes for Pad Thai. The noodles that are normally used for making Pad Thai are the flat rice noodles. Some people enjoy the taste of prawns in Pat Thai and this is what we have considered for our recipe. Another equally delicious variation is Phat Thai noodles with pork. Most Thais would finish their entire meal with a dish of Pad Thai and therefore include a lot of wholesome ingredients when making it. Egg is a prominent ingredient in almost every Pad Thai recipe. If you are looking to have a Thai lunch or dinner with just one single dish, consider the Pad Thai, a combination of several delicious flavors. This pad thai recipe uses prawns and pork, the tails of the prawns should not be eaten. The medium (width) rice noodles can be seen in the image. You can make phad thai using narrow, medium or even broad rice noodles. You could moderate the chillis to get a milder taste for the Phad Thai. Ingredients (suitable for 4-5 persons) Medium to thick rice noodles 250 grams (8 oz) Cooking oil 2 tablespoons Chopped garlic 3 cloves Pork (sliced thin) 125 Grams (4 oz) Prawns (deveined tails intact) 125 Grams (4 oz) Garlic chives (chopped) About 1/2 bunch Bean sprouts 3/4 cup Lime juice 2 tablespoons Fish sauce 2 tablespoons Brown soft sugar 1.5 teaspoons Fresh coriander leaves 1 small bunch Roasted peanuts (chopped) 1/4 cup Red chillis chopped 1 teaspoon Beaten eggs 2 Procedures: 1. Soaking The Rice Noodles: You will need the flattish type of rice noodles for your Pad Thai recipe. There are few variations in these type of noodles and the main difference is in the width of the noodles. Some Phad Thai recipes recommend the wide (width) rice noodles whereas, others prefer to use the medium size (width) rice noodles. Heat some clean water in a pan and allow the rice noodles to soak in this for around 10 minutes. The noodles should feel soft after being soaked, carefully lift one noodle string with a fork and check it for softness. Pad Thai noodles should be neither too soft nor too stiff. If the noodles soften very soon and become pulpy, it could mean that the water was very hot to start with. Oversoaking the noodles in the hot water could also make the rice noodles soggy. When the noodles have softened sufficiently, drain them (take off the excess water) and keep them aside. 2. The Frying Process: We will now need to work on the other ingredients of the Pad Thai recipe. When you select the frying pan to cook your Phad Thai, choose a fairly large pan. You will have to work with and stir all the Phat Thai noodle ingredients in this pan, stirring will be easier if the pan is a large one. Pour the oil in the frying pan and heat it, wait until the oil becomes very hot. Add the chopped garlic, chopped chillis and sliced pork to the frying pan. These ingredients will influence the flavor of your Phad Thai, keep stirring the ingredients in the pan for around 2 minutes. 3. Add To The Frying Pan: Now add the prawns to the frying pan, they will need to cook for another 3 minutes. Keep stirring the contents in the pan constantly, you are half way through your Pad Thai recipe. You still have the garlic chives and the drained noodles to work with. This is the time to add the garlic chives and drained noodles into the frying pan. Allow the contents of the frying pan to cook for another minute before moving to the next step. The fish sauce, lime juice and sugar can now be added to the frying pan, these are the ingredients that add the mouthwatering flavor to the Pad Thai noodles. Now add the beaten eggs to the frying pan and toss the contents of the pan well. It is important for the heat to spread uniformly throughout the contents of the pan. You can use two wooden spoons to help stir the contents in the pan. Turn off the heat. 4. The finishing touches: Your Phad Thai dish is now ready to be served, sprinkle the chopped peanuts, coriander and bean sprouts on top of the Pad Thai noodles. Traditionally Phad Thai is eaten with, chopped peanuts and crisp fried onions. You could also try squeezing a fresh lime (few drops only), on top of the Pad Thai once it is served in a plate. We mentioned that the tails of the prawns are retained when cooked. However, do not eat the tails they are kept aside and thrown away when eating the Phad Thai noodles. Additional tips: 1. Oil In Fried Noodles: If you have tried making Pad Thai or any other dish that needs noodles to be fried, you could use a useful tip here. The oil can be gradually added in the cooking process rather than, being poured in all at once. The above Phat Thai noodles recipe, uses a moderate amount of oil. We have suggested 4 servings and utilized just 2 tablespoons of cooking oil. 2. Interesting Options: Depending on your tastes, try making Pad Thai with a few additional ingredients. Capsicums cut into strips and carrots cut as small cubes can also be included in the Phad Thai noodles recipe. Another popular variation of Pad Thai includes chicken, this could be included instead of prawns. Tofu is also a good addition to Pad Thai. If you are not comfortable with eating raw bean sprouts, dip them in boiling water for around 30 seconds. Drain the sprouts and add them to the Phat Thai. This will decrease the 'crispness' of the bean sprouts but does not taste bad. Recipe 3 Bubur Pulut Hitam (Black Rice Dessert) Ingredients (suitable for 4 persons) Black glutinous rice (washed & drained) 240 g White glutinous rice (pulut) (washed & 60 g drained) Water 7c Pandan leaves (knotted) 2 Sugar 1/2 c Pinch of salt Tapioca flour or cornflour Combined with 1/2 T 2 Tbs water to Form a paste Thick cocnut milk 1/2 c Procedures: 1. Put rice in pot with water and pandan leaves and bring to a boil. Reduce heat to low, remove pandan leaves and simmer for 45 minutes until liquid is thick. Add sugar and simmer for 10 minutes. Add salt and thickening. Remove from heat. 2. Serve in small bowls topped with 1-2 tablespoons thick cocnut milk. Recipe 4 Coconut Sweet Potato Cake (Getuk Lindri) Ingredients Cassava 2 lbs Granulated sugar 200 gram Vanilla 1/2 tsp Steamed fresh-grated coconut 1 cup Salt 1 tsp Water 100 cc Food color Procedures: 1. Put in sugar and vanilla in a large stockpot with water and bring it to a boil. 2. Steam cassava until soft. Peel cassava. Mash cassava while still hot and pour the water mixture and food color (what ever color you like) and blend well. 3. Use the equipment as shown on the left hand side to mold the mixture. Then put them onto a serving platter, and sprinkle with grated coconut. 4. Serve at room temperature, or refrigerate for an hour and serve chilled. Recipe 5 Kue Mangkok (Cup Cakes) Ingredients Rice flour 350 grams Water Some All purpose flour 150 grams Fermented cassava/tapioca (tape singkong) 200 grams Sugar 400 grams Warm water 200 cc Baking soda 2 tsp Club soda 250cc Vanilla 1 tsp Food coloring 3 or 4 colors Salt to taste Procedures: 1. Add enough water to the rice flour so that its weight increases to 500 grams. 2. Add the all purpose flour to the rice flour mixture and stir well. 3. Add the fermented tapioca and sugar and mix well. 4. Add the warm water and work the dough for about 10 minutes 5. Add the baking soda, the club soda and vanilla. 6. Mix until everything is evenly distributed. 7. Finally, add the food coloring and blend until smooth. 8. Warm the cup molds for about 5 minutes and fill it for about 4/5 full. Put in a steamer with the water already at a rolling boil. Steam for about 20 minutes. Recipe 6 Multilayered Butter Cake (Lapis Legit) Ingredients Egg yolks 570cc or 30 Butter (whipped or melted) 525-600 g Flour (sifted) 100 g Granulated sugar 300 g Sweetened condensed milk 3 tbs Special layer cake extract (optional) 1 tbs Powdered milk 15 g Powdered vanilla extract 1/2 tps Procedures: 1. Place the egg yolks, granulated sugar and vanilla into mixing bowl. Beat to very high soft peak. 2. Stir in the layer cake extract, flour and butter. The batter should be very thick. 3. Place wax paper at the bottom of a 8x8x8 inch buttered baking pan. Spread butter on top of the wax paper as well. 4. Pour 3-4 Tbs. of batter into the wax covered pan and bake in a preheated 350°F oven (gas oven is better than electric oven) for 5 minutes. 5. Remove from oven and press the cake evenly and then spread butter (not to much, just for flavoring) on cake top. Pour another 3-4 Tbs. of batter and bake it again for five minutes. 6. Keep doing this step until the batter is finished. 7. Serve when cool. Recipe 7 Tab Tim Grob (Red Rubies) Ingredients Water chestnuts 1 cup Tapioca flour 1/2 Sugar 1/2 cup Jasmine essence water 3/4 cup Coconut milk 3/4 Red food coloring Crushed ice Procedures: 1. To make the jasmine essence water, soak the jasmines in the water in a bowl overnight close the cover. 2. Slice the water chestnuts in dice shape and soak in the red food coloring and stir until bright red. 3. To make the syrup. Boil sugar and jasmine essence water. Leave it to cool. 4. Put the flour in a plate and add the water chestnuts and shake so the pieces become well coated. 5. Heat 5 cups of water to the boil, add the water chestnuts. It will float when cooked and look like rubies. Drain and plunge in cold water immediately. 6. Serve a little water chestnut into dessert dishes, add syrup, coconut milk and ice. Recipe 8 Thai Mix Dessert Ingredients Sugar 3 cups Coconut milk (squeeze with floating 8 cups jasmine water) Big tapioca (boiled) 1 cup Singapore Lod Chong 2 cups Jackfruit (chopped) 2 cups Klong Klang 1 cup Floating jasmine water 3 cups Procedures: 1. Mix sugar and jasmine water, filter with white and thin fabric then simmer it until it sticky. 2. Mix coconut milk with big tapioca, Singapore Lod Chong, Klong Klang and jackfruit. 3. When serve, add syrup and blend ice if you need more cool. Recipe 9 Khanom Chan (Multiple-Layered Sweet) Ingredients Plain flour 2 cups Rice flour 2 cups Tapioca flour 2 cups Coconut milk 6 cups Pandan leaves 15 Jasmine essence water 5 cups Procedures: 1. To make the jasmine essence water, soak the jasmines in the water in a bowl overnight close the cover. 2. To make pandan green coloring, slice the pandan leaves and Pound or blend with 1 cup of jasmine essence water. Remove it’s chip. 3. Heat the jasmine essence water and coconut milk in a pot, stir frequently until cooked. Leave to warm. Pour into a big bowl. 4. Put all kind of flour into the bowl and knead well. Set aside. 5. Boil the sugar and jasmine essence water, simmer until the syrup become thick. 6. Separate the flour into two bowls. Mix the coloring with the first part of flour. So one part of flour is green another is white. 7. Pour white flour into a tray to make the first thin layer and steam. Remove from the steamer. 8. Pour green flour into a tray to make the second thin layer and steam. Remove from the steamer. 9. Repeat step 6 and step 7 again and again until fine. The last layer should be green. 10. Leave to cool, cut into pieces to serve. Reference 1. http://www.bplans.com/italian_restaurant_business_plan/executive_summary_fc.php #.UNZ3TkQWAun 2. http://www.euromonitor.com/consumer-foodservice-in-taiwan/report 3. http://www.cepd.gov.tw/att/files/20120308_ 觀 光 旅 遊 與 美 食 產 業 研 究 報 告 _Final.pdf 4. http://www.cdri.org.tw/ezfiles/0/1000/img/62/04-ch-04.pdf 5. http://ciis.cdri.org.tw/files/attachment/0C107515437214634886/餐飲業之經營現況 與未來趨勢.pdf 6. https://docs.google.com/viewer?a=v&q=cache:PIv08sxCztMJ:www.gourmettw.com/ custom/gour_ind_02.pdf+&hl=en&gl=tw&pid=bl&srcid=ADGEESj7P_m2rufG663x kRYlCcSmvtVeNrwI-EXYEAE6zjoPiVxA5bxfO9xyco7UwJF94wGLbKkWrHEgT3 pQe4Z8b6vNOKW0_v3jL9PDNu1ohk6myEoZVShv3DPProdCEE9ZFcHswpjk&sig =AHIEtbTzdcn7Z6nGlr4SIZ-7NhIBruOphQ 7. http://www.thaifood.food-recipe-cooking.com 8. http://allrecipes.com 9. http://thai-desserts.blogspot.com/ 10. http://www.bplans.com/italian_restaurant_business_plan/financial_plan_fc.php