Free Business Plan About Panera Bread: Conclusion

Panera Bread is a large corporation that currently operates on the territory of the United States and Canada. A business proposition is to establish a new location of Panera Bread in London, England, which will introduce the concept of American bakery-café to one of the world’s touristic centers and will give a start to the expansion of the operations of Panera to the global level.
In previous sections, we have covered various aspects that concern the opening of a new location of the existing business. The main concept in a new venue in London will be the concept that the ‘mother’ company is using through years of its operations, as it has proved its efficiency and predisposition for success. New Panera Bread in London will be working as a member of fast food service industry, but at the same time, it will serve only high quality foods from best ingredients, offering a wide assortment and an unbelievably warm atmosphere for its customers.
New location in England will continuously work on gaining competitive advantage and on establishing a strong position within the market. It is crucial for this business to differentiate its activities and to bring real value to the society. Consequently, it will be essential for a new business entity to keep up with the trends, to offer benefits for the customers, to work on the creation of the base of loyal customers, and to offer high quality menu items at affordable prices, in order to increase the size of the potential target market. New Panera’s location will use the main principles and ideas of the ‘mother’ company and it will make a careful analysis of the internal and external factors. It will help to gain knowledge and in order to see what the strong sides of the company are and what the points, at which the leaders of a new venture should highly concentrate, are.
Throughout the work on the business plan for a new Panera Bread location in London, England. We have also looked at financial analysis of the company and at its potential sources of generating capital for the opening. Thus, we have observed that the financial situation of the ‘mother’ company is in favorable position, and that one of the ways of financing a new entity is to attract resources. In such a way, Panera’s English venue will require precise work and concentration and it implies that the leaders of this entity should work with the ‘mother’ company and with the help of its authority. Still, it is crucial not to forget to keep up with this authority and with a strong positive image about Panera Bread that is already established on the territories of company’s current operations.
Besides those points, we have covered other aspects, such as the description of the future location in England, the observation of a management team and competitive analysis of the business. Many other tiny issues appear in the establishment process of every business. It is not possible to calculate everything precisely, because many aspects turn out to happen during the process and there are many unexpected points that will require additional attention throughout the work. This is why, planning plays a crucial role, but you always have to be ready for emergencies and have to have a plan on how to manage the crisis and how to solve challenging problems.
Therefore, it is worth to state that new Panera Bread location will do its best to become the leading within bakery-café industry in London, England. It will constantly work on meeting customers’ needs and on bringing value to the society. Careful work and attention to the details together with professional personnel and strong company’s values and principles will contribute to the development of Panera’s new entity and will offer further possibilities for the expansion in Europe.