Explain why nonalcoholic drinks have increased in popularity, and discuss the difficulties bar managers face when serving alcohol. Use specific details and examples to support your thoughts.© BrainMass Inc. brainmass.com October 25, 2018, 9:41 am ad1c9bdddf
Nonalcoholic drinks have increased in popularity for many reasons. A greater selection of "healthier, less expensive and more flavourful" (Moon, 2013) options is now available than before. Selections include flavored teas and smoothies, in a category formally relegated to soft drinks. As a result, consumers can be seen as drinking an interesting choice, rather than just not drinking. The wide variety of options is driven by consumers' interested in healthier choices, in part due to the rising wave of obesity. In general, people "are more aware than before of the damaging effects of alcohol" (Economist, 2013). Furthermore, as the population ages, some choose to drink ...
This solution discusses why there is an increased demand for non-alcoholic drinks, and difficulties bar managers face in serving alcohol. Includes APA formatted references and helpful link.
Financial Planning and Analysis
I, with 2 partners, are opening an Organic restaurant in Leawood, KS using local farmer products.
Financial Plan requirements:
Financials demonstrate the viability of a business while they help justify the need for funding. In this section describe financial estimates and rationale which include financial statements and forms that document the viability of your proposed business and its soundness as an investment.
1. Prepare three-year projections for income, expenses, and sources of funds.
- Base predictions on industry and historical trends.
- Make realistic assumptions.
- Allow for funding changes at different stages of your companyÂ's growth.
- Present a written rationale for your projections.
2. Indicate your startup costs.
- Detail how startup funds will be used to advance your proposed business
- List current capital and any other sources of funding you may have.
- Document your calculations.
- Use reasonable estimates and/or actual data (where possible).
3. Create a cash-flow statement.View Full Posting Details