Business English Report 1 DA NANG UNIVERSITY DA NANG UNIVERSITY OF ECONOMICS ............... COURSE: BUSINESS ENGLISH REPORT SELA – HEALTHY FAST-FOOD RESTAURANT Instructor Credit class Group Students : : : : MS. Nguyen Thi Dieu Phuong ENG3001_8 6 Vo Le Ngoc Thong Nguyen Thi Phuong Linh Tran Thi Thuy Tien Vo Hoang Ngan Da Nang, 2024 1 Group 6 Business English Report 1 2 Group 6 Business English Report 1 SELA Healthy Fast Food 1. Owner 2. Business SELA Healthy Fast Food name/ type/ Sole Proprietorship. location Company located at 154 Phan Chau Trinh, Hai Chau District, Da Nang City. 3. Mission “Real Food, Real Fast” At SELA Healthy Fast Food, our mission statement is to make balanced and nutritious meals that are associated with saying “No” with artificial additives and completely organic and locally sourced. SELA not only sells healthy food, we also spread a culture of wellness and mindful eating which every dish is a step toward a healthier lifestyle. And we are committed that taste, convenience, and quality are still ensured by our services. ” 4. Objectives Our initial sales objective for SELA is to establish a strong local presence by reaching 1,000 customers and achieving 500 meal sales within the first month of launch. We aim to achieve this by leveraging social media marketing, collaborating with local influencers, and hosting pop-up events to engage with our target audience. 5. market Target Our target customers are busy, health-conscious young adults and professionals who prioritize nutritious, convenient meals made with fresh, wholesome ingredients. They seek fast food options that align with their active lifestyles, emphasizing quality, transparency, and nutritional value to support their long-term health goals. 3 Group 6 Business English 6. Report 1 Product Our food prioritizes freshness by using locally sourced and organic description ingredients produce to create nourishing meals, avoiding processed additives. Our USP is that the combination of the speed of traditional fast food with a commitment to nutrition and transparency. We make customized meals to cater any customer’s tastes with eco-friendly packaging and clear nutritional information. 7. Production After actively researching suppliers for our ingredients, we prepare dishes in a large kitchen which is equipped with modern appliances and cooking utensils, allowing us to cook efficiently while ensuring the quality. 8. Staff General manager: 1 Cheft: 3 full time members Commis: 5 part-time members Server: 8 full-time members 4 part-time members Receiptionist: 2 full-time members Security guard: 3 part-time members 9. Finance Start-up Capital: 200.000.000đ Bank loan necessary: 400.000.000đ 4 Group 6 Business English Report 1 I. Executive Summary 1. Business Name SELA Healthy Fast Food 2. Business Location 154 Phan Chau Trinh, Hai Chau District, Da Nang City 3. Business Structure Sole Proprietorship 4. Mission Statement Real Food, Real Fast “At SELA Healthy Fast Food, our mission is to make balanced and nutritious meals that are associated with saying “No” with artificial additives and completely organic and locally sourced. SELA not only sells healthy food, we also spread a culture of wellness and mindful eating which every dish is a step toward a healthier lifestyle. And we are committed that taste, convenience, and quality are still ensured by our services.” 5. Key Offerings Nutritious meals: Featuring a menu with lean proteins, whole grains, healthy fats, and a variety of fruits and vegetables. Customizable dishes: Meals can be tailored to customer’s needs and preferences to suit their diet. Fresh ingredients and locally sourced: Ensuring to always bring fresh and seasonal food through the cooperation with local farmers. II. Market Research & Analysis The healthy fast food sector has emerged as a promising sector over the past three years and is forecast to experience strong growth, powered by heightened health consciousness and growing demand. about simple types of convenient foods while 5 Group 6 Business English Report 1 maintaining nutritional properties. The F&B market aims to reach a value of more than 655 trillion VND by 2024. According to the iPOS's report, Vietnam's F&B industry market in 2024 is expected to increase by 10.92% compared to 2023. After recovery and growth strongly, the F&B industry will continue to grow with a compound annual growth rate (CAGR) for the period 2023 - 2027 reaching 10.25% and is expected to reach a value of 872,916 trillion VND in 2027. (Flavor, 2024) Healthy eating is becoming a higher priority since the outbreak of the COVID-19 pandemic and the emergence of more illnesses. In today's modern world, people are highly conscious of the need to pursue a healthy diet since they are confronted with innumerable possible health risks, as well as issues pertaining to food safety and hygiene. This results from customers' growing health consciousness and their active search for meals that are low in calories, high in nutrients, and free of artificial preservatives and additives. Additionally, Vietnamese people are becoming more awareness of the value of health due to their growing interest in beauty. As a result, people think about eating a healthier diet, working out frequently, and strengthening their resistance. Accordingly, they consider switching to a healthy diet, exercising regularly, and increasing their resistance. We learned about recent trends that are affecting the healthy fast food sector: Plant-based diet: Vegetarian and vegan trends are on the rise, leading to growing demand for healthy plant-based food alternatives. Preferences: Consumers express a desire to customize dishes to their personal preferences, calorie goals and specific food requirements. Environmental protection: There is an increasing push for restaurants to minimize their environmental impact, use sustainable packaging and limit food waste. 1. Challenges and competition plan a. Competitors analysis 6 Group 6 Business English Report 1 In the healthy fast food market in Vietnam, SELA Healthy Fast Food faces many competitors from large chains to small stores, especially in big cities like Hanoi, Da Nang and Ho Chi Minh City: International fast food chains: Big names like McDonald's, KFC, and Jollibee have all noticed the increasing attentiveness of customers in healthier dishes. They have gradually added healthier options to their menus, such as salads, low-calorie sandwiches, or vegetarian dishes. (Rosenman, 2024) These dishes make more diverse for menu and not only can attract a large number of new customers but also retaining existing customers if they need to change their menu. Local healthy fast food chains: Famous businesses such as Wrap & Roll, Poke Saigon, or The Organik House also focus on healthy dishes, using fresh and organic ingredients. These brands often have higher prices and target customers who are more health-conscious and willing to spend more for clean and safe products. Independent stores: Small-scale restaurants and local eateries are emerging continuously with creative menus, prioritizing local and organic ingredients. b. Barriers to Entry • Brand recognition: Established brands possess significant customer loyalty, thus complicating efforts to attract new customers. • Capital investment: Establishing a brand in a competitive market requires significant spending on marketing, real estate and technology infrastructure. • Supply: Sourcing fresh organic foods from local sources can pose challenges in both availability and cost. • Market sarutation: The growing expansion of the healthy fast food sector complicates differentiation, requiring a distinct brand strategy and unique value proposition. c. Competition plan SELA Healthy Fast Food has prepared a competitive plan to help clearly position itself in the increasingly competitive healthy fast food market in Vietnam by identifying competitive advantages and developing a flexible 7 Group 6 Business English Report 1 approach, this plan may help SELA not only attract new customers but also build long-term loyalty in this potential market. • Product differentiation: Offering truly fresh, organic, locally sourced, plant-centric and hypoallergenic dishes that are both accessible and visually appealing. • Pricing strategy: Establish a reasonable pricing framework with meal options that offer significant value, targeting both low- and middleincome consumers while ensuring exceptional quality. • Environmental protection: Implement environmentally sustainable packaging and implement a waste reduction strategy to attract ecosensitive customers. • Technology integration: Develop an intuitive mobile app that facilitates order customization, nutrition tracking, and loyalty programs to increase customer retention III. Business Model 1. Business Type Food & Beverage Services 2. Value Proposition: a. Logo • The symbols of carrot, beans and salad represents type of food which SELA provides is healthy food. 8 Group 6 Business English Report 1 • The bowl is similar to a smile that create a feeling of closeness and positivity. It can also shows customer satisfaction when experience our products and services. b. Slogan Real Food, Real Fast: "We prioritize locally sourced, organic ingredients, offering wholesome meals that are free of artificial additives and preservatives." c. Core Message Commitment to Freshness: At our restaurant, we believe that great food starts with great ingredients. We are committed to using only the freshest, locally sourced produce, lean proteins, and whole grains to create meals that nourish your body and fuel your day. No Processed or Artificial Additives: We promise that you’ll never find artificial additives, preservatives, or overly processed ingredients in our food. Every dish is made from scratch using whole, real foods that taste great and are good for you. Organic and Locally Sourced: Wherever possible, we source organic ingredients and work closely with local farmers and suppliers to ensure that our produce is fresh, seasonal, and sustainable. Supporting local agriculture not only guarantees freshness but also strengthens our community. 3. Customer Segments: Our target customer segment includes health-conscious individuals who lead busy lives but prioritize their well-being. These people are often young adults or office workers with limited time for meal preparation, yet they seek convenient, nutritious options to fuel their day. They’re looking for fast food that doesn’t compromise health, opting for meals that are low in calories, high in protein, and made with fresh, whole ingredients. This group values transparency in sourcing and nutritional content, and they’re willing to invest in meals that support their active lifestyles and long-term health goals. 9 Group 6 Business English IV. Report 1 Product/Service Offering 1. Restaurant Concept Our restaurant will embody a modern, fresh, and inviting theme that reflects our commitment to health and wellness. The design will feature a harmonious blend of natural materials, such as wood and stone, complemented by vibrant greenery to create a calming atmosphere. Large windows will allow natural light to flood the space, enhancing the feeling of openness and freshness. The color palette will incorporate soft greens, earthy tones, and bright accents to evoke a sense of vitality and nourishment. Comfortable seating arrangements will encourage both quick visits and longer stays, catering to those who wish to enjoy their meals in a relaxed environment. The overall ambiance will be complemented by uplifting music and friendly, knowledgeable staff who are passionate about healthy eating, creating an enjoyable dining experience that resonates with our values. 2. Operating Hours To accommodate the busy lifestyles of our health-conscious customers, our restaurant will operate with flexible hours designed to meet their needs throughout the day. We will be open: • Monday to Friday: 7:00 AM to 9:00 PM • Breakfast options will be available from 7:00 AM to 11:00 AM, catering to those looking for nutritious morning meals and smoothies on their way to work. • Saturday and Sunday: 8:00 AM to 10:00 PM • Weekend hours will allow families and individuals to enjoy leisurely breakfasts and brunches, with a full menu available throughout the day. This schedule aims to capture breakfast, lunch, and dinner traffic, while also providing a convenient option for those seeking healthy meals during later hours. We will also assess customer feedback and sales data to make adjustments to our operating hours as needed to best serve our community. 10 Group 6 Business English Report 1 3. Order Processing Our order processing system is designed to ensure accuracy, efficiency, and a seamless experience for customers, whether they choose to order in-person or online. The process includes the following key components: a. Order Placement Customers can order in person at the counter, via self-service kiosks, or online through our website. Online orders offer customization and easy browsing with pickup and delivery options. b. Order Confirmation Immediate confirmation is provided through a receipt or app notification, with estimated prep time. c. Preparation Orders are prepared fresh and efficiently, with an average prep time of 5-15 minutes. d. Quality Control A final quality check ensures accuracy, taste, and presentation before handing off the order. e. Order Fulfillment In-store orders are available at the pickup area, while delivery orders are securely packaged and dispatched. f. Payment 11 Group 6 Business English Report 1 Flexible payment options include cash, cards, mobile wallets, and integrated loyalty rewards. g. Feedback Customers are encouraged to provide feedback via in-store tablets or the mobile app. By implementing this structured order processing system, we aim to ensure a smooth and efficient experience for our customers, reinforcing our commitment to quality and convenience. 4. Delivery service Customers can order online via our app or websites such as GrabFood, ShopeeFood, Now.vn, etc. There would be staffs who specialize in delivering orders to customers in the most efficient way. All orders are packaged and foil-wrapped to maintain freshness, temperature, and presentation during transit. V. Marketing & Sales Strategy 1. Customer Acquisition To effectively market the concept of our healthy fast-food restaurant, we shall implement a multi-dimensional marketing approach that underscores our point of difference and is culturally relevant to our defined target market. Our positioning will emphasize the following critical areas: • Health and Wellness We will promise to deliver healthy meals which consist of wholesome ingredients. The people who will be our key targets are those who are health-conscious, 12 Group 6 Business English Report 1 therefore, our promotional campaign will focus on health-related messages since they will be utilizing our products. • Convenience and Speed We shall make customers be able to order food from anywhere at any time by serving them through a range of options in a bid to win the market that is getting busier and busier. Hence, the ability to make healthy meals easily and quickly in less time will be promoted without subjecting the customers to traditional long hours of serving. • Sustainability Sustainability will be an important aspect for brand positioning. Information about eco-packaging, local food sourcing, and green practices will be portrayed as part of the business because its consumers are who look for sustainability in food. • Community Engagement Support for the local community, through partnerships, events, or sponsorships will foster a connection with the audience, as well as businesses, helping to grow our local customer base. 2. Pricing Strategy: We will plan our prices mainly using the value-based pricing approach. This way, we will be able to price highly valued quality products and health benefits in the fast food industry. Fast food menus can also contain very nutritious meals prepared with fresh food, thus enhancing pricing in terms of the value offered to users and health-dedicated customers. However, we will also factor in our operational expenses to achieve sustainability and undertake routine price checking of our competitors in the healthy fast food businesses. In addition, we will apply further pricing actions that stimulate market demand, including introductory prices and customer loyalty promos. Such measures will allow us to position the customers’ perception of our offerings and the wild stake of their loyalty towards us. 13 Group 6 Business English Report 1 3. Marketing Channels To reach our target audience, we will combine both online and offline marketing strategies. Regarding online channels, we will use social media platforms such as Instagram, Facebook, and TikTok to share our appealing pictures of food, customer reviews, and health-related materials as well as interact with the audience. Our website will provide information on the materials that will be available to the client such as menu and nutritional values and the ordering options, and we will use email marketing to promote our products by informing customers and releasing offers. For offline channels, we will take part in community and health events to promote the brand and in turn, promote most centers and organizations with health enthusiasts, and we will seek to partner with these entities. Besides, we are going to use other advertising means like the distribution of flyers and advertisements in local magazines. This multi-channel approach will maximize our outreach and help us build a strong, recognizable brand presence in the market. VI. Operations Plan 1. Location and Facilities a. Location 154 Phan Chau Trinh, Hai Chau District, Da Nang City Our target customers are students, office workers, gym goers, sports lovers, and households. Therefore, we place stores near schools, companies, gyms, residential areas, and commercial centers. This is the place with a lot of foot traffic and high demand for quick and healthy meal options. Besides, we also choose Phan Chau Trinh street which has convenient traffic to have parking spaces for customers. Besides, the secure surroundings ensure customer safety and a clean environment for everyone to have a delicious and comfortable meal. b. Facilities Space: Use modern, simple furniture with the color of wood or cream... together with green plants and soft lighting to create a warm, inviting atmosphere. 14 Group 6 Business English Report 1 Kitchen area: The kitchen is divided into separate areas: preparation area, cooking area, dishwashing area, and utensils... to facilitate work, with spacious space for preparing dishes. Eat quickly and maintain food hygiene and safety. Modern appliances are equipped: refrigerator, oven, stove... Payment area: located near the entrance so customers can easily move after payment. The counter is spaciously designed and uses modern equipment: POS machine, barcode scanner... to facilitate payment. c. Suppliers In order not to directly affect the quality of raw materials, the stability of the source of goods, and the operational efficiency of the store, we set the following criteria: Product quality: Requires high-quality raw materials: organic, fresh food, low in preservatives..., and choose suppliers committed to providing quality products with safety certification Organic foods and products if available. Stability of supply: Suppliers must ensure an adequate supply of raw materials according to the needs of the business, especially during peak times such as holiday seasons or promotional campaigns. A stable supply helps avoid material shortages and ensures continuous store operations. d. Inventory Management Food classification: Divide food into categories such as vegetables, meat, seafood, beverages, and processed foods. Because each food will have a different shelf life and such division makes it easier to manage goods. • FIFO method (First In, First Out): Make sure to use and sell imported food items first to avoid expired or damaged food. This avoids wasting raw materials. 15 Group 6 Business English Report 1 • Periodic tracking: Perform daily and weekly food inventory counts. This helps determine the remaining quantity of raw materials, avoid waste, and adjust import plans promptly. Non-food Supplies: include packaging, kitchen utensils, hygiene products, and equipment for daily business operations. Although these products do not have a short shelf life like food, effective management is still important to avoid shortages or overstocking. Food Storage: is vital to ensuring food safety and food quality. Improperly stored food can spoil, lose nutritional value, and pose a food hygiene hazard. To store food SELA has implemented the following method: • Temperature control: Food needs to be stored at appropriate temperatures: • Cold storage: Vegetables, meat, and fresh produce should be stored in the refrigerator between 1°C and 4°C to ensure freshness. • Frozen: Products requiring long-term preservation, such as frozen meat and seafood, must be kept at temperatures below 18°C. • Dry storage: Ingredients such as rice, pasta, beans, and spices should be stored in a cool, dry place, away from sunlight. • Label and monitor expiration dates regularly: Every product must be labeled with the receipt and expiration date. This helps employees know when to use food before it spoils. e. Staffing Plan • General Manager (1 people): 16 Group 6 Business English Report 1 - During office hours: Usually present for meetings and handling important work. - Outside office hours: Can work at any time, especially in emergencies or important projects. - Weekends: Often present to resolve unfinished work or attend important events. • Chef (3 people) and Commis (5 people): - Full-time Chef: • Morning shift: 7:00 a.m. - 2:00 p.m. • Evening shift: 2:00 p.m. - 9:00 p.m. - Part-time Commis: • Morning shift: 7:00 a.m. - 12:00 a.m. • Afternoon shift: 12:00 a.m. - 5:00 p.m. • Evening shift: 5:00 p.m. - 9:00 p.m. • Servers: (12 people) - Full-time: (8 people) • Morning shift: 6:00 a.m. - 2:00 p.m. • Evening shift: 2:00 p.m. - 10:00 p.m. - Part-time: (4 people) • Morning shift: 6:00 a.m. - 12:00 a.m. • Afternoon shift: 12:00 a.m. - 5:00 p.m. • Evening shift: 5:00 p.m. - 10:00 p.m. • Receptionist: (2 people) • Morning shift: 7:00 a.m. - 2:00 p.m. • Evening shift: 2:00 p.m. - 10:00 p.m. • Security guard: (3 people) • Morning shift: 7:00 a.m. - 2:00 p.m. • Evening shift: 2:00 p.m. - 10:00 p.m. 17 Group 6 Business English Report 1 f. Compliance and Safety • Food Safety and Hygiene: - Food origin: Only use fresh, good quality food with clear origin and expiration date. Store food properly to avoid infection. - Processing staff must ensure personal hygiene, wear clean uniforms and gloves when preparing food, and do not smoke, chew candy, or spit in the area. - Processing: Food needs to be cooked thoroughly to kill bacteria. Avoid letting raw food come into direct contact with cooked food. - Cooking utensils must be cleaned and disinfected regularly. - Environmental hygiene: The kitchen must always be clean and tidy. Regularly clean equipment, utensils, floors, walls, and ceilings. - Dispose of waste properly to avoid causing environmental pollution. - Certification documents: Restaurants must have a certificate of eligibility for food safety. • Fire safety: - Fully equipped with fire prevention equipment such as fire extinguishers, sprinklers, and fire alarm systems. Periodically check and maintain these devices. - Limit the use of flammable materials and store flammable substances safely. - Use good quality electrical equipment and check the electrical system regularly to ensure there is no overload. - Make sure emergency exits are always clear and unobstructed. There are signs indicating specific and clear emergency exits. 18 Group 6 Business English Report 1 g. Technology and Tools • Customers order Customers can scan QR code on the table to view the menu on their phone, specifically an application called KiotViet, select dishes and place an order. In addition, customers order food through the restaurant's website for customizing to their preferences. After confirming, order information is sent directly to the system. The system receives orders and automatically transfers them to the kitchen display screen. The kitchen staff watches the display screen and begins to prepare the food as requested. The system can send notifications when the dish is completed. • Inventory Management software We use restaurant management software PosApp for all aspects of restaurant operations, including: - Employee management: Track shifts and performance. - Raw material and warehouse management: Control import, export and inventory. - Report and invoice management: Create and manage invoices, and prepare revenue reports. - Manage table status and payment: Manage table status, and process payments quickly. - Food management: Create and update menus easily. VII. Financial Plan 1. Startup Costs: Category Details Estimated cost (VND) 19 Group 6 Business English Built-outs Report 1 Renovations, interior improvements, 400,000,000 electrical and plumbing system Kitchen Equipment Ovens, microwave, refrigerators, 70,000,000 and Utensils eating utensils, ... Furniture Tables, chairs, lighting, decor, ... 50,000,000 Licensing and Permits Business license, Certificate of Food 5,000,000 Hygiene and Safety Marketing Designing logo, signage, website and 30,000,000 other opening promotions Initial Inventory Initial stock of food and beverages to 50,000,000 open Total 605,000,000 VND Figure 1: 2. The Cost of Goods Sold Category Estimated monthly cost (VND) Food ingredients 75,000,000 Beverages 20,000,000 Packaging Supplies 5,000,000 Total 100,000,000 VND Figure 2: 3. Labor Costs 20 Group 6 Business English Position Report 1 Shift type Number of Estimated monthly Total monthly cost employees salary per person (VND) (VND) General 1 20,000,000 20,000,000 Manager Chef Full-time 3 9,000,000 27,000,000 Commis Part-time 5 6,000,000 30,000,000 Servers Full-time 8 8,000,000 64,000,000 Part-time 4 4,000,000 16,000,000 Receptionist Full-time 2 6,000,000 12,000,000 Security guard Full-time 3 7,000,000 21,000,000 Total 170,000,000 VND Figure 3: 4. Operating Expenses Category Estimated monthly cost (VND) Rent 30,000,000 Utilities (electricity, water, gas, internet) 15,000,000 Salaries and wage 170,000,000 Marketing and advertising 8,000,000 Repairs and maintenance 5,000,000 Technology equipment 7,000,000 21 Group 6 Business English Report 1 Miscellaneous 10,000,000 Total 245,000,000 VND Figure 4: 5. Funding Requirements Funding Source Estimated amount (VND) Owner's investment 200,000,000 Bank loan 400,000,000 Total 600,000,000 VND Figure 5: VIII. Contingency Plans 1. Diversify supply sources - Suppliers: Look for many different suppliers to minimize the risk of depending on a single source. - Raw materials and products: Use alternative raw materials or source raw materials from many different areas. Diversify products to minimize the impact of increases in the price of a specific ingredient. 2. Building relationships with suppliers - Cooperation: Build long-term cooperative relationships with suppliers to ensure stable and prioritized supply. Cooperate with other partners to expand markets and share risks. - Information: Regularly exchange information with suppliers about the market situation and business needs. 22 Group 6 Business English Report 1 3. Contingency financial plan - Reserve fund: Build a reserve fund to deal with emergencies in operation the restaurants like equipment failures, utility outages, natural disasters, … - Capital sources: Build relationships with banks and financial institutions to quickly access capital when needed. 23 Group 6 Business English Report 1 REFERENCES Flavor, W. (2024, 06 14). Win Flavor. Retrieved from Thị trường thức ăn nhanh Việt Nam: https://mqflavor.com/thi-truong-thuc-an-nhanh-viet-nam-dau-hieu-khoi-sac-trong-boi-canhbinh-thuong-moi/ Rosenman, M. (2024, February 22). KFC Healthy Options in 2024: KFC Menu Calories & Nutrition. 24 Group 6