Thursday, May 14, 2020
The Small Business Plan For A Cup Cake And Ice Cream Parlor
Introduction Small business can be maintained by individual or partners by investing their shares in business. The capital for small business is not very high to attain wide edges in market. As compare to medium scale and high scale business financing, small scale business has to accommodate its business operations within limited amount of capital. Owner of small business find it difficult to manage day to day operations of business and customers demand due to limited capability of the business to attain the resources for its operations. However, solid business strategy makes the company able to provide strong premises to sustain the business in the market and attain competitive edge over others. In this paper, we study the small business plan for a cup cake and ice-cream parlor and create an outline of financial plan for the new business. The paper also guerrilla marketing strategy for business and the most appropriate location will also be discussed for second store. The paper contains an outline of plan for securing debt financing sources for second store in order to attain positive outcomes. Financial plan for Small Business To open a new business need a proper research analysis of business in order to evaluate the fact that where a certain business position in an industry. Ice cream industry includes classic ice creams and frozen novelties. Frozen novelties include frozen yogurt, frozen custard, flavored ice and sorbet. To open a new story of success, it would be betterShow MoreRelatedCarvel Case4720 Words à |à 19 Pages1.0 Introduction In 1934, Tom Carvel founded Carvel Corporation. It had one of the oldest and most endearing histories of all the ice cream companies in the U.S. Mr. Carvel used a combination of fresh ice cream and innovative products and manufacturing techniques to establish himself as the local, family-orientated ice cream parlor in the New York City area. 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