Small business management Assignment Example | Topics and Well Written Essays - 500 words

Small business management - Assignment ExampleThe most important customer in this case includes school going children as well as other young people. This helps the business possessor to focus on the right group and resources are not wasted by focusing on a large market that does not consist of the targeted customers.The other step that should be taken into level is about identifying the key resources needed to operate this business. The key resources in this case should include the ingredients for making the trash cream. The other resources required include a delivery van equipped with the vending kiosk of the ice-skating rink cream to the customers. The packaging of the ice cream in like manner constitutes a very important resource that should be procured before the commencement of business.Distribution channel is the mobile vending machine. It can be moved from air to locate and these places include schools as well as other busy streets. The product will also be distributed in residential areas since the vending kiosk is mobile and can move from one place to the other. In terms of distribution, effort should be made to ensure that the product is positioned in such a way that it will appeal to the interests of the customers as the best compared to other alternatives available.The other comity in this amaze is identification of the cost structure. A budget should be drawn and it should also outline the costs liable(predicate) to be incurred in setting up this new business venture. This helps to determine the feasibility of the business venture.Lastly, consideration should be taken about the nature of the tax revenue stream. Effort should be made to establish if the revenue stream can sustain the business venture in the long run. This also helps to determine the take to the woods of action that can be taken to turn around the fortunes of the