Broadway Café Business Proposal: (Cabogorgakaopodmadochlw Ryahorp Ad (O WRR
Broadway Café Business Proposal: (Cabogorgakaopodmadochlw Ryahorp Ad (O WRR
BROADWAY CAFÉ
Business Proposal
{ CA B O G ORGA KAOPOD MADO CHL W
RYA HORP AD {O W R R
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e world of business is canging very rapidly and companies tat do not adapt to tese
canges could quite possibly find temselves marginalized by stronger competition. e
effective use of tecnology is an absolute necessity for any business tat desires to stay
competitive. As of now te Broadway Cafe is falling beind its competition for tis reason we
stablising a click-and-mortar business model will give us te cance to maximize revenues
wile at te same time attract new types of customers. Overall our objective is to create a new
and improved business model and image troug te implementation of innovative security and
As te business world continues to become more and more dependent on tecnology it is
imperative tat we keep up wit canges trends. At Broadway Cafe we will introduce modern
our competition.
n order for Broadway Cafe to use e-business to improve our functioning (or
ired a prestigious marketing and sales team tat formatted our Web site to allow our customers
to become familiar wit Broadway Cafe; sop for mercandise; and answer questions tey may
ave about store ours location etc. We also provide links to our business partners troug
online ads and pop-up ads.ese create revenue for bot Broadway Cafe and our business
partners. Customers can view our menu write blogs about our daily drink specials and sign up
for our rewards card.ey will also be able to redeem teir rewards online. is will entice
customers to continuously ceck te website for specials and give us feedback.
provides an easy way to penetrate a new geograpic territory and extends global reac. (Baltzan)
is will allow us to interact wit potential customers tat wouldn¶t normally coose Broadway
Cafe .
e Broadway Cafe Web site also as internal means of business tat allows us to
network wit our suppliers.Purcasing costs and delivery lead times will decrease wic will
ultimately create better B2B relationsips and increase revenue. Conducting business and
saring information via nternet will give us a trendier image wic will elp us gain a
We will be looking at te interactivity of eac visitor. ome specific metrics we focus on are te
number of page views lengt of stay dates and times visited number of registrations filled out
and abandoned as well as number of people wit sopping carts. is data will elp determine
te strengts and weaknesses of our Web site. We will also measure te amount of foot traffic
compared to our sales volume on a montly basis to evaluate ow successful our website is.
A Web site were we can communicate and interact wit our customers as well as
employees is key to establising customer and employee relationsips.We not only want to
build a loyal customer base but keep our staff appy as well.
Being available 24/7 wit customer service reps standing by to answer e-mails will elp
keep customers satisfied.ot surprisingly e-business strategists are finding tat customer
service via te Web is one of te most callenging and yet potentially lucrative areas of e-
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devastating effects on businesses as well as teir customers.e Broadway Cafe could elp
prevent identity teft and fraud by implementing a new and pioneering biometric payment
system.A biometric payment system uses any unique or distinguising biological trait suc as a
fingerprint or voice to identify a customer and autorize te use of tat customer¶s funds
(ecarget).is is te best and most effective way of managing autentication (Baltzan 122).
Retailers suc as Wal-Mart arget and Costco are already discovering ow tese biometric
systems can benefit teir companies and e Broadway Cafe benefit by implementing a
Currently banks are liable for most of te expenses associated wit fraudulent situations.
is is canging owever as te responsibility is sifting away from te banks and onto te
companies.As a result protecting te identities of our customers is a growing concern for us at
e Broadway Cafe.A biometric payment system would elp protect e Broadway Café as
well as our customers by providing enanced protection against fraud and identity teft.
Biometrics suc as fingerprints are more secure tan oter means of autentication including
passwords P numbers or signatures.ignatures can easily be forged and passwords and P
numbers can be found out and used by oters.On te oter and fingerprints and oter pysical
caracteristics are extremely difficult if not impossible to forge or copy.is is wy biometrics
provide te most effective means of autentication.A biometric payment system would protect
e Broadway Cafe from aving to pay te eavy fees associated wit fraud and would also
e use of a biometric payment system as oter advantages to businesses and
customers would ave no need to carry cas cecks or cards.ey could make teir purcase
wit te touc of a finger making transactions more convenient tan ever before.is metod
of payment also allows for faster transactions tan if te customer were using cas or a credit
card.Biometric service provider BioPay states tat transaction times range from 5 to 15
seconds wic is 70% faster tan traditional payment metods.n an environment suc as a
coffee sop timeliness and convenience are very important.Anoter advantage in using a
biometric payment system is lower transaction processing fees especially as credit and debit
card fees ave been on te rise.ese savings could be passed on to te customer tus
providing anoter incentive for customers to coose our cafe.A biometric payment system as
advantages for bot e Broadway Cafe and our customers tat go beyond security.
Of course implementing suc an novel tecnology is risky so tere are some concerns to
consider.f initial enrollment for te system is too confusing or time consuming customers may
not even boter signing up for to use te program.Also fingerprints ave traditionally been
linked wit law enforcement.ome consumers may fear tat teir fingerprints could be made
owever would old in a database a numerical representation of te fingerprint and not te
actual fingerprint.is would allow us to discard te fingerprints tus assuaging our customers¶
fears. Once our customers become comfortable wit te biometric payment system it could ave
nternet security issues can be a major reason companies are esitant to incorporate new
nternet tecnologies into teir business.Wit te vast amount of treats in cyberspace tis is
not surprising; yet it is important to keep up wit advances in tecnology.At Broadway Cafe we
will enable many tecnology features in order to secure te Broadway Cafe¶s wireless network.
³e C/FB Computer Crime and ecurity urvey reported tat 38 percent of
beave etically as tey ave access to te company¶s information.An information security
plan will lay out te information securities policies and detail te rules required to maintain
information security and ow we will implement tese policies.is crosses over to a matter of
etics as it is not etical for individuals to obtain copy or use sensitive corporate and personal
important.
Once te people defense is set up te tecnology line of defense will be set up next.
ere are tree primary information security areas we will focus on: autentication and
Autentication and autorization will be dealt wit troug passwords but not traditional
passwords wit usernames as tis can be an ineffective way of securing te network.nstead a
type of token or smart card will be used.Wen a customer places an order tey will receive a
receipt.Printed on te receipt will be an individual password generated randomly troug our
system.is password would allow tem access to our network for 24 ours.Once te 24 ours
is up tat password is no longer valid and a new password would need to be issued.
Moving onto protection and resistance we would need to implement bot content
filtering and firewall tecnologies.We would use software to filter content in te aim of
setting up a guard to protect te private network to analyze te information leaving and entering
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te network as well as to be able to detect computers communicating wit te nternet witout
approval.
Detection and response resources are necessary in te case tat prevention and
resistancestrategies fail and tere is a security breac so we can mitigate te damages.is can
105)Privacy includesaving control over your own personal possessions and not to be observed
witout your consent.is is were a good balance is needed:between te privacy wanted by our
customers and teprivacy levels we need as a company in order to survive security treats.
e development of an etical computer use policy tat contains te principles to guide
our customers¶ beavior wen using our network is necessary.is policy is one tat our
customers must agree to follow in order to be allowed access our wireless network.is policy
and all oter policies will be on te page customers are directed to after tey log-in.n order for
te customers to be granted access tey will need to accept te policies and comply wit
n society today te world of e-business as become increasingly important.n order to
run a successful e-business a company must be prepared wit te correct tools for teir ideas to
succeed.Witout te rigt security measures a business is sure to fall beind quickly and lose
teir customer base. is is wy it is extremely important tat our security policies and tactics
are created wit our customers¶ best interests at eart as well as our own.A successful e-
business must also be igly trained in te world of telecommunications. After all witout
telecommunications e-businesses would not be possible. For our company to succeed we must
take te correct measures to ensure tat our telecommunications are in sync wit our security
measures and run rigt alongside our e-business pilosopies.elecommunications are te basis
for te new world of business and witout tem our e-business proposal would surely fail.For
example our pysical store site will ave multiple kiosks set up for our customers to become
more interactive in te way tey do business wit us. Our kiosks will elp customers learn about
nutritional facts prices products and bulk order possibilities. Also offering wireless nternet
will elp keep customers loyal and also offer tem more tan just coffee products.Keeping
customers coming back is wat will elp our business trive in te long run. mplementing te
correct security policies and plans will make sure tat our employees are working as efficiently
as possible and our customers know we are working to keep tem protected anytime tey are on
our site.Wenever customers purcase mercandise on our e-sop tey can be sure tat any
information tat can urt tem in any way is kept confidential. mproving our
telecommunications will elp us stay in stride wit our competition and continue to provide us
wit te best available tecnology to acieve our company goals. Here at Broadway Cafe we
understand tat implementing new security and telecommunication standards will be costly in
te sort run owever we believe tat it is te first step in order to create a long-lasting
business. e benefits of tese policies will elp expand our customer base increase loyalty and
over time will result in increased revenues. Anoter uge benefit we believe tat will occur is
our new perceived image by consumers. Getting up to date wit tecnology and security
measures will elp us create an environment for all types of people to connect wit. Based on our
proposal we sould receive tis loan because we view te investment as a smart and profitable
way for our company to succeed in te new world of business. t will benefit te community and
our customers by appealing to a broad range of consumers. is will definitely give us a
satisfactory return on our investment giving us te ability to repay our loans in te correct time
frames. Upon receiving tis loan our business will begin te process of creating a new image
and te bank will get te satisfaction of us living up to our loan requirements. t is a win-win
situation for bot parties involved. We believe te Broadway Cafe will produce its best outcome
wit continuing a one-site. xpanding our locations will take away from our core competencies.
We are built on customer satisfaction quality and family values. f we try to expand our stores
ten we may be driven away from tese core competencies wic can urt our overall
performance. taying keyed on customer satisfaction quality and values will elp our business
take off wile implementing our new security and telecommunication proposals.
elecommunications Broadway Cafe will be able to regain its status as te µlocal otspot¶ once
again.By keeping up wit today¶s tecnological advances we will be able to acieve our
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