Restaurant & Bar Solutions

By: Kenneth & Wann

SWOT Analysis

Weaknesses•Only on iOS•Hardware is expensive for start-ups•Mobile devices battery power•POS mobile devices are not new

Strengths•Complete solution•Advanced features•Pricing is cheap •Eliminate middleman/vendors•Can use existing hardware•Worldwide

Opportunities•Credit card reader•Small scale version for small eateries•Retail outlet version •Android version with cross-compatibility•Entry into Asia

Threats•Tons of POS software available in Appstore with similar features•Direct competitor: Octopus POS•Platform dependency on iOS

Incremental Innovations

• Business Report to Business Analytics (w/ Intelligence)• CRM• Inventory Management – auto-ROP

• Touchcode-enabled or QR code receipts for easy payment and self checkouts

• Paperless receipts

Other Recommendations

• Complementary product sales with Apple

• Hardware leasing

• Revamp the website• Features, simulation or online demo

• Food and retail packages

• Incorporation with a shelf-management software for retail

Asian Ventures - Singapore

• Change from traditional POS to new and innovative ones

• Competition is not yet intense

• Factors to be considered • Population• Economy• Retail Landscape• Technology

Singapore Ventures

• 5 million population• Top economy in Asia• Ranked 10th in retail landscape• 5th largest buyers of iPads, per capita• Strategize tailor according to business needs

• Unique selling point

Internships

• Software Development & Project Management

• Business Analytics• Processes Management• Retail Operations• Market Research

Skills

• Assisting in Asian market venture

• Assisting in daily operations

Responsibilities

May - July 2013

SUMMER INTERNSHIP

Interested Applicants:Malcom, Rosalind, Yao GuangMoe Hein, Wann