Investment Analysis of Vegetarian Restaurant Essay

Investment Analysis of Vegetarian Restaurant - Essay ExamplePolitical Environment and Regulations Political Stability Political purlieu of the prescribe in which the assembly line has to be established plays a very important role for any business restaurant business is not censure to this command (Teresa Williams, 1997). United Kingdom in general and London in particular is considered to induct a very stable political system in place. UKs regulatory system is oneness of the best in the world and very business friendly. A recent assessment of 183 countries by World Bank be United Kingdom 4th for ease of doing business (Investment, 2011). The UK offers a competitive tax environment with one of the lowest corporate tax rates and one of the lowest personal income tax rates in Europe (UK Tax system and Environment , 2006). Most of the authorities responsible for checking the fitness of restaurant volition visit the premises themselves and inform the owners of the topics that nee d to be done in order to bring the restaurant in line with regulations. It takes only about 13 days for a business to start in UK against an average of 32 days in the rest of Europe (Colin Barrow, 2011). Regulations Regarding Restaurant Business The first thing to be considered while opening any business ar the various laws and regulations of the agencies that have to be followed. The main laws dealing with restaurant business in UK are Food Safety Act 1990 , Food Premises(Registration)Regulations 1991 , Food Safety (General Food Hygiene) 1995 and the Food Safety(Temperature Control) Regulations 1995(Bridget M.Hutter & Tola Amodu , 2008). Food Premises (Registration) Regulations 1991 require any new food catering... This theater of operations looks into a vegetarian Restaurant in Edgware, London. The restaurant will be started near the Broad Walk which is a prominent shopping centre of Edgware. Political environment of the place in which the business has to be established plays a very important role for any business restaurant business is not exception to this rule. The first thing to be considered while opening any business are the various laws and regulations of the agencies that have to be followed. It is a legal requirement to have the restaurant insured. Three different kinds of insurance which can be done for a restaurant are liability insurance , contents insurance and business interruption insurance. The UK hospitality and restaurant industry is one of the leading industries in UK. We will analyse the contribution of the industry towards the UK economy and also the current economical trends in London which are likely to affect the business to be set up. In the social environment factors we will analyse the demographics of Edgware as intumesce other macro factors which are likely to affect the opening of a new restaurant. Social environment in which the business operates is an important factor for decision making the business strategy. The hospital ity industry in general and the restaurant industry in specific are highly competitive in nature. In the Edgware field of force there are many restaurants which serve vegetarian food. Some of the prominent restaurants are The Regency Club, Satyam and Handi.