Why you need Meldi Resources Expertise
Detailed analysis into the transducers of most foods businesses failures in Nigeria revealed faulty business concept, wrong location, ill-equipped workforce, lack of basic management skills, inadequate trainings, poor decision-making ability, and lack of emotional intelligent required for business survivals in our challenging environment. Government policies, infrastructural deficits, lack of stable macro-economic variables, insecurity, operational cost, and lack of good fiscal regime are also factors fueling the failures. However, the foremost managerial tools necessary for accurate business forecast and prompt response to changes in market variables and economic challenges are majorly lacking. Meldi Resources will help you bridge the gap and offer solutions to your business challenges from conception, planning, structuring, start-up, stability to expansion.
Our services are structured for the following food businesses:
- Quick Service Restaurants (QSR)
- Confectionaries
- SMEs in the food industry
Regardless of your food business concept or size, we can help you develop the capacity and grow it into an enviable brand. We don’t just advice, we get involve and work closely to deliver expected solutions.
Trainings
Management and operational skills, style and approach are critical ingredients that could help businesses to either experience rapid growth or witness speedy liquidation. Thus it is expected that key management team for business especially food businesses to have adequate training and basic business skills to withstand the challenges associated with the business.
We are poise to design quality and requisite trainings for QSR Owners, managers, Supervisors as well as conducting continuous in-house trainings for employees on monthly basis and on training-need basis.
Profit Maximization
Low margin is very frustrating and possess a great threat to restaurant business survival. Your obligations on employees, government levies, energy bills, and other monthly fixed costs must be paid whether the business generate enough sales for the period or not. Thus to avoid this, necessary sales strategies must be instituted to improve on turnover in other to stay profitable.
As an organization that priorities the interest of its clients, Meldi Resources can develop strategies that would improve your sales turnover, minimize production cost, reduced overheads and deliver high profit.
Standard Operational Procedures (SOPs)
SOPs depicts the constitution of business establishments. Every firm, irrespective of its size, must have an operational guideline, otherwise it will be problematic to measure efficiency and query deviations. Meldi Resources is equipped with expertise on developing a standard operational procedure for your business. Our SOPs will be detailed on a booklet form called Operational Procedures Manuals (OPMs). Kindly click on ‘Operational Manuals’ to see types of SOPs manuals.
Monitoring & Control (M&C)
As profitable as food businesses are, there are characteristic demands and abundant challenges. Coordinating activities involving over 100 different items for production, to monitoring and controlling how these items are managed during production requires serious attention. There should be an effective and efficient documentation and control mechanism instituted for recordings and management before, during, and after production processes.
With our many years of on-the-job experiences, we will be delighted to design the most suitable control and monitoring procedures for your business – centered on your business’ concept, model, and organization.
Repairs and Maintenance
Food related business is an everyday business, except where you decide otherwise. Equipment and other working tools are bound to require repair or replacement at short notice. Third party maintenance providers might capitalize on your technical cavities to make more money, thereby increasing your overheads. Thus to avert this, we have design training on basic equipment maintenance and repairs skills for you (especially if you are a new entrants) in other to enable you solved minor repair problems, and bargain a fair maintenance deal. We do also outsourced trained and experienced technicians.
Staff Management
At Meldi Resources, we understand that control mechanisms alone do not offer 100% elimination of staff antagonistic attitudes such as stealing or material damages. However, creation of employee confident and trust in the business will help balance up instituted controls and create needed enthusiasm. Good reward system would cause employee to take ownership of the business thereby monitoring secrete activities of fellow colleagues. Making each employee answerable to any avoidable material losses or damages within the staff working period will help checkmate excesses. Thus, to help you increase employee’s loyalty and reduce staff turnovers, we design desirable employee management process for you based on the outcome of our evaluation of your business situation.
Competition Analysis
Competition is a healthy development for businesses, however, a strong competition is a big threat for the survival of your business. Thus keeping an eye with the happenings in the industry is very important to avoid being overtaken. We conduct survey on competitors to extract their strength, weakness, and threat on your business, and design areas of competitive advantage for you.
Design and Setting
Open plan production area is what public like. People delight to see who prepares their meals and how they are prepared. Depending on your budget, concept and specifications, we have team of architectural and interior design experts with years of experience in designs at your disposal for your business interior.
Menu Development
Menu development and innovation needs to be both creative and efficient, especially in a dynamic and consumer sensitive environment such as ours. Good menu development is a business strategy for long-term success that focuses on building and creating value that satisfies customer needs. Our role as experts is to ensure that we research and deliver quality menu options that would at the long run deliver value to your customers.
Menu Price Development
Most food business owners fixed prices for their products as a game of trials and errors. If you price a product too high, it may be difficult to sell and conversely, if you price it too low, it may be perceived as a lower value. Thus in developing menu price, the average income of your profiled target market, your direct and Indirect costs, your competitors pricing, and the level of service you intend to offer, must be considered diligently. We can support you structured a system that help you develop menu prices that will balance affordability and profitability.
Equipment Procurement
Buying your food equipment and fittings is the biggest expenses especially for start-up. With our local and international partnership with OEMs, Accredited Distributors, and buying houses for food business equipment, we have competent logistics capabilities to assist you in the sourcing, procurement, and delivery of all your needed equipment ranging from industrial oven, Brian Marie, Display Counters, to POS installation. We also utilize our contacts in the food industry to source for used equipment for our client with limited resources
Franchising
As Franchise brokerage firm, we can support you to evaluate all options available to determine whether franchising will be a much more beneficial option for our clients.
If you are a new entrants, why not adopt franchise is probably the number one question we will ask you. We will evaluate your potentials to determine whether taking a franchise in an already proven concept is the best choice.
For existing restaurants, we evaluate your business potentials for franchising and design most suitable franchising concepts, structures and agreements, as well as facilitating recruitment of investors with operating capability.
Drafting of Operational Manuals
Operational manuals are written sequence of actions for businesses, necessary in ensuring products uniqueness and operational consistency at all times. They entail written specifications of the food business methods, processes, techniques, systems, and schemes, to be closely observed and implemented by your management team in operating your food business. At Meldi Resources, we handle the drafting of the following operations procedures manuals:
Operating Standards Manual
This manual will entail activities which aimed at ensuring that your business concepts are properly preserved. It ensures that all your business standards such as employees’ neatness, ambiance of internal business environment, cleanliness of the surroundings, availability of all recommended products, accessibility of materials, functioning of equipment, quality of products offered, and quality of service to customers are consistently observed. We recommended and handled frequent uninformed audit of the compliance to our clients’ operating manual and recommend appropriate sanctions to variances. We believe that frequent issues or deviation from operating standard should attract termination of whosoever is involved without further delay.
Product Specification Manual
This manual will contain the preparation methods for all your products at your business outlets. It listed measurement steps, required weights, sizes, volume, and preparation techniques for producing approved products. Conformity to this manual provides uniformity in tastes as well as the appearances of the various products offered.
Policies and Procedures Manual
This manual will contain detailed management and administrative guidelines covering the successful operation of your business. It will list out steps to be taken in addressing issues bothering on procurement and documentation of goods, accounting procedures, negotiation of price, market survey, maintenance and repairs, general hygiene, working practices, product forecast, ordering and plateful, external environment such as regulatory requirements, inspection and monitoring, and so on.
Training and Development Manual
This will contain detailed documentation of the instituted training and development policies. This policies would be instituted to foster the initiative and creativity of your employees, and help prevent manpower obsolescence which may develop due to age, temperament, motivation and inability to adapt to technological innovations. Training is a continuous activity for individual and organizational development hence the need to have training policy.
HR Manual
The HR (Human Resource) manual contains the human managerial details. It entails the procedures for recruiting, administering, and managing all the human resource issues within the business. Issues relating to employee’s disciplinary measures, salary scales, job roles and responsibilities, managerial hierarchies, are all explain in this manual.
Brand Manual
The brand manual gives details of the brand management procedures. It listed the target market as well as the market position of your business’ brand. It explains the colour combination of your logo, the design and font type and general business vision, mission and philosophy.
Design and Equipment Manual
This manual gives detail description of the unique structural plan and design models you adopted for your business concepts, as well as the recommended specifications of the equipment to be procured and installed for your business. Adopted design and equipment should be tested with time to ensure acceptability, durability and cost effectiveness.
Franchise Manual
This is very vital for those wishing to expand their business via franchise. The manual contains the terms and conditions covering the franchise business operation as it relates to payment of franchise fees, payment of royalty and marketing charges, obligations of Franchisor and franchisee, restrictions of Franchisee, the use of the business proprietary marks by the franchisee, and host of other policies covering the business arrangement.
.