TLE 9 (FACTORS IN PURSUING A BUSINESS...)

Implementing a well-structured inventory management system to prevent ingredient shortages and minimize waste.

• MANPOWER

• CAPITAL

• TECHNOLOGY

• MARKET

• AVAILABILITY OF SUPPLIES

Exploring funding options such as personal savings or small business loans for initial investment.

• MANPOWER

• CAPITAL

• TECHNOLOGY

• MARKET

• AVAILABILITY OF SUPPLIES

Training employees to maintain cleanliness and hygiene in food preparation areas.

• MANPOWER

• CAPITAL

• TECHNOLOGY

• MARKET

• AVAILABILITY OF SUPPLIES

Using technology for geolocation services to ensure accurate and timely deliveries.

• MANPOWER

• CAPITAL

• TECHNOLOGY

• MARKET

• AVAILABILITY OF SUPPLIES

Conducting market research to identify popular dietary preferences (e.g., vegan, gluten-free, low-carb) and tailoring the menu accordingly.

• MANPOWER

• CAPITAL

• TECHNOLOGY

• MARKET

• AVAILABILITY OF SUPPLIES

Sourcing high-quality ingredients, dairy products, and specialty flavorings for ice cream production.

• MANPOWER

• CAPITAL

• TECHNOLOGY

• MARKET

• AVAILABILITY OF SUPPLIES

• Creating marketing campaigns, including social media advertising, to reach college students effectively.

• MANPOWER

• CAPITAL

• TECHNOLOGY

• MARKET

• AVAILABILITY OF SUPPLIES

Developing a user-friendly website for customers to browse menus and place catering orders.

• MANPOWER

• CAPITAL

• TECHNOLOGY

• MARKET

• AVAILABILITY OF SUPPLIES

Training customer service representatives to handle inquiries, orders, and customer feedback.

• MANPOWER

• CAPITAL

• TECHNOLOGY

• MARKET

• AVAILABILITY OF SUPPLIES

Calculating ongoing expenses, including staff salaries, marketing, and quality ingredients.

• MANPOWER

• CAPITAL

• TECHNOLOGY

• MARKET

• AVAILABILITY OF SUPPLIES