There is a two-page limit per project and addenda should meet the following criteria: Font: Arial or Times New Roman Font Size: 11 point 11 pt. This IJ included all emergency communications investments and described how such activities aligned with their Statewide Communication Interoperability Plan. States and urban areas may still submit an Emergency Communications IJ. Applying for an award under the HSGP is a multi-step process and requires time to complete.
Applicants are encouraged to register early as the registration process can take four weeks or more to complete. Therefore, registration should be done in sufficient time to ensure it does not impact the ability to meet required submission deadlines. Eligible applicants must submit their initial application through the grants. Applicants needing grants. Applicants needing technical support with the ND Grants System should contact ndgrants fema.
Who do I contact if I have questions? Application Reviews Will all projects undergo an effectiveness review, or will only those submitted under the six NPAs receive this review? However, as in past years, all applications are still subject to the review process described in the funding notice and highlighted in the remaining FAQs. Section B. FEMA will evaluate all applications for completeness, adherence to programmatic guidelines, and feasibility of the proposed investments.
FEMA is also using the same administrative and eligibility review conducted in past several funding cycles. FEMA is required by 31 U. Application evaluation criteria may include the following risk-based considerations of the applicant: 1 financial stability; 2 quality of management systems and ability to meet management standards; 3 history of performance in managing federal awards; 4 reports and findings from audits; and 5 ability to effectively implement statutory, regulatory, or other requirements.
Explain what will be sold, who it will be sold to, and what competitive advantages the business has. Table La Vida Lola will cater to festivals, parks, offices, community and sporting events, and breweries throughout the region. Millennial foodies craving ethnic food experiences and Latin food lovers are the primary customers, but anyone with a taste for delicious homemade meals in Atlanta can order. Marketing The venture will adopt a concentrated marketing strategy.
Much of the promotion mix will center around dual-language social media. Venture Team The two founding members of the management team have almost four decades of combined experience in the restaurant and hospitality industries. Their background includes experience in food and beverage, hospitality and tourism, accounting, finance, and business creation.
The venture can be up and running within six months to a year. It should provide a current outlook as well as future trends and developments. The industry extends beyond where the business is located and operates, and should include national and global dynamics. La Vida Lola aims to spread a passion for Latin cuisine within local communities through flavorful food freshly prepared in a region that has embraced international eats. Through its mobile food kitchen, La Vida Lola plans to roll into parks, festivals, office buildings, breweries, and sporting and community events throughout the greater Atlanta metropolitan region.
Future growth possibilities lie in expanding the number of food trucks, integrating food delivery on demand, and adding a food stall at an area food market. To that end, she brings flavors steeped in Latin American and Caribbean culture to a flavorful menu packed full of street foods, sandwiches, and authentic dishes.
Through reasonably priced menu items, La Vida Lola offers food that appeals to a wide range of customers, from millennial foodies to Latin natives and other locals with Latin roots. Both these terms are discussed in Conducting a Feasibility Analysis. This is a place to address market segmentation strategies by geography, customer attributes, or product orientation.
Food truck and street food vendors are increasingly investing in specialty, authentic ethnic, and fusion food, according to the IBISWorld report. Although the IBISWorld report projects demand to slow down over the next five years, it notes there are still opportunities for sustained growth in major metropolitan areas. The street vendors industry has been a particular bright spot within the larger food service sector. The industry is in a growth phase of its life cycle.
The low overhead cost to set up a new establishment has enabled many individuals, especially specialty chefs looking to start their own businesses, to own a food truck in lieu of opening an entire restaurant. There are approximately 12, restaurants in the metro Atlanta region. The Atlanta region accounts for almost 60 percent of the Georgia restaurant industry.
Secondary competing industries include chain restaurants, single location full-service restaurants, food service contractors, caterers, fast food restaurants, and coffee and snack shops. Bento Bus positions itself as a Japanese-inspired food truck using organic ingredients and dispensing in eco-friendly ware. After years of operating a food truck, The Blaxican also recently opened its first brick-and-mortar restaurant. The Fry Guy specializes in Belgian-style street fries with a variety of homemade dipping sauces.
In many instances, the owner-operator plays a vital role to the brand identity of the business as is the case with La Vida Lola. Atlanta has also tapped into the nationwide trend of food hall-style dining. These food halls are increasingly popular in urban centers like Atlanta. On one hand, these community-driven areas where food vendors and retailers sell products side by side are secondary competitors to food trucks. But they also offer growth opportunities for future expansion as brands solidify customer support in the region.
There are over half a million Hispanic and Latin residents living in metro Atlanta, with a percent population increase predicted through The median age of metro Atlanta Latinos is twenty-six. La Vida Lola will offer authentic cuisine that will appeal to this primary customer segment. La Vida Lola must contend with regulations from towns concerning operations of mobile food ventures and health regulations, but the Atlanta region is generally supportive of such operations.
There are many parks and festivals that include food truck vendors on a weekly basis. You want to be able to identify who are your major competitors and assess what are their market shares, markets served, strategies employed, and expected response to entry? You likely want to conduct a classic SWOT analysis Strengths Weaknesses Opportunities Threats and complete a competitive-strength grid or competitive matrix.
The competitive matrix should show clearly how and why the startup has a clear if not currently measurable competitive advantage. Sample templates are shown in Figure A competitive analysis helps you create a marketing strategy that will identify assets or skills that your competitors are lacking so you can plan to fill those gaps, giving you a distinct competitive advantage.
Figure Describe its organizational structure. Highlight the backgrounds, experiences, qualifications, areas of expertise, and roles of members of the management team. This is also the place to mention any other stakeholders, such as a board of directors or advisory board s , and their relevant relationship to the founder, experience and value to help make the venture successful, and professional service firms providing management support, such as accounting services and legal counsel.
The management team will be responsible for funding the venture as well as securing loans to start the venture. The following is a summary of the key personnel backgrounds. Cameron Hamilton: Cameron Hamilton has worked in the hospitality industry for over twenty years and is experienced in accounting and finance. He has a master of business administration degree and an undergraduate degree in hospitality and tourism management.
He has opened and managed several successful business ventures in the hospitality industry. His value to the firm is in business operations, accounting, and finance. Advisory Board During the first year of operation, the company intends to keep a lean operation and does not plan to implement an advisory board. At the end of the first year of operation, the management team will conduct a thorough review and discuss the need for an advisory board.
Fully describe your sales management plan and the composition of your sales force, along with a comprehensive and detailed budget for the marketing plan. Given the target millennial foodie audience, the majority of the promotion mix will be centered around social media platforms. Various social media content will be created in both Spanish and English.
Meanwhile, La Vida Lola needs to focus on building a community of backers and cultivating the emotional draw of becoming part of the La Vida Lola family. To build a crowdfunding community via social media, La Vida Lola will routinely share its location, daily if possible, on both Facebook, Instagram, and Twitter.
Inviting and encouraging people to visit and sample their food can rouse interest in the cause. Sharing this via social media in the day or two preceding the giveaway and on the day of can encourage more backers to commit.
Weekly updates of the campaign and the project as a whole are a must. Facebook and Twitter updates of the project coupled with educational information sharing helps backers feel part of the La Vida Lola community. Finally, at every location where La Vida Lola is serving its food, signage will notify the public of their social media presence and the current crowdfunding campaign. Each meal will be accompanied by an invitation from the server for the patron to visit the crowdfunding site and consider donating.
Business cards listing the social media and crowdfunding information will be available in the most visible location, likely the counter. Before moving forward with launching a crowdfunding campaign, La Vida Lola will create its website. The website is a great place to establish and share the La Vida Lola brand, vision, videos, menus, staff, and events. It is also a great source of information for potential backers who are unsure about donating to the crowdfunding campaigns.
The website will include these elements: About Us. Address the following questions: Who are you? What are the guiding principles of La Vida Lola?
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Using it allows you to get an overall picture of your investment financial health. Calculating the overall performance of your investments against metrics Making use of benchmarks is an ideal way to evaluate your investment efficiency. There are different types of benchmarks available for use depending on what kinds of investments you have in your investment tracker. These benchmarks produce an index within which the stock mix is based on different information.
This makes them represent the industries they focus on well-rounded. Regardless of how well your investments perform, a healthy perspective must always be maintained. Know the market is always going up and down. Hence having your investments continuously monitored through a spreadsheet makes it easier for you in the long run.
While planning your investment strategies Asset allocation relates to how you split your assets and bring them into your portfolios, it is easier to assess the distribution of your assets. The type of asset allocation to choose from will depend to a great extent on your investment intention. This objective also allows you to assess the aggressiveness of your target asset allocation. Use your investment design details to formulate your investment strategies.
Use the details on the spreadsheet to equate your desired allocation with your real or current allocation after deciding your asset allocation goal. This will help you make more educated investment decisions. If you want to take control of your investments and keep track of everything, creating some sort of investment tracker is the best thing you can do.
Microsoft Excel: Use this program to keep track of the cost base of taxes on your lots and to measure or chart your dividend plan. Google Spreadsheets: Use this if you want to automatically update the details on your spreadsheet with the information from public finance sources.
Types of Financial Tracking Spreadsheets or Templates To any investor, it is critical that he or she envisions his or her financial health accurately and easily. If you use a spreadsheet for investment monitoring, it lets you always know where your money is. Yet there are other types of spreadsheets and models to use for financial monitoring too.
These include: Income Statements Template A statement of income refers to a document which states the number of your earnings and the amount of money you spend. The content is provided 'as is' and without warranties, either expressed or implied.
VIP Enterprises does not promise or guarantee any income or particular result from your use of the information contained herein. Under no circumstances will VIP Enterprises be liable for any loss or damage caused by your reliance on the information contained herein. It is your responsibility to evaluate any information, opinion, advice or other content contained. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, or other content.
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