De Luxe Hotel will be one of the leading food service establishments in XXX city. It will be introducing new menu items in addition to the existing ones. De Luxe Hotel will also improve on the current cuisines of XXX city. The Hotel will be located in XXXX building in XXX city. Owing to its location, the hotel will serve a myriad of customers from office workers to travelers. The hotel will serve more than 350 customers a day and this figure is poised to increase later. The hotel will be a sole proprietor business owned by (Your Name) who has a degree in XXXX from XXXX University. At the beginning, the hotel will require $950,000 to start and operate for the first three months. About $350,000 will be savings from the proprietor while $60,000 will e a grant from parents to be repaid after 5 years with not discount attached. De Luxe aims at becoming the leading food establishment in the country by 2015. In order to achieve this growth, the hotel will have to maintain a gross income of $30,000 to $50,000. The hotel will aim at making monthly sales of $400,000 and $500,000. While the level of competition is higher in the market, the hotel aims at achieving a market share of 30% at the beginning. All the employees of the hotel will have a minimum of certificate qualification in hotel operations.