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Restaurant Business Plan Addressing The Implications of Covid-19

Question

Task: Prepare a restaurant business plan on how the spread of covid-19 affecting the business of restaurants in Sydney.

Answer

1 Background of the Research on restaurant business plan
According to Beck and Hensher (2020), the pandemic of Covid-19 has been a transformative event across the globe that needs fresh thinking for improving the food business along with many more industries. The business leaders have been grappling with some of the realities to consist of the premises for being shut down along with reallocating the employees within their home as well as experimenting some of the new process to work and the new realities for lay off several employees. This devolving uncertainty based on the pandemic of corona virus has been known to affect the economy of Australia along with the businesses through an unprecedented way. 

The food business has been impacted to different degrees as some of the restaurants and food organisations within Sydney are known to experience a great downfall as the restaurant business is seen to feel the burn through this pandemic (Forsyth, 2020). The country has been ordered with a societal lockdown along with social distancing as well as the closures of non-essential businesses. However, the restaurants were known to be forced to offer a delivery service or the take-aways. Hence, the present study on restaurant business plan emphasizes on the impact of Covid-19 within the restaurant business of Sydney as it is also known to change the exposures of the restaurants.     

1.1 Problem Statement

The present research on restaurant business plan mainly focuses upon the impact based within the spread of corona virus within the restaurant business of Sydney. As the business is known to respond towards the respective effects, there have also been several steps that are emphasized by the restaurants for mitigating the disrupted impacts within the supply chain in a possible way (del Rio-Chanona, Mealy, Pichler, Lafond & Farmer, 2020). Based on the uncertainty for the surrounding timeframe within the time length of the pandemic of covid-19, the study presents with the alternative restaurant business plan to prepare for next year regarding the execution of their business.     

1.2 Research Objective

  • To analyse the implications of corona virus affecting the local economy  within Sydney restaurants
  • To examine the emotional turmoils within the workers of the restaurants in Sydney have been subjected because of the shutdown of restaurants
  • To explore the recent scenario of restaurant business in Sydney because of the respective outbreak of covid-19
  • To investigate the recommendations for improving the recent dull scenario of restaurant business within Sydney 

1.3 Research Questions

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