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

Small business management - Assignment Example The most important customer in this case includes school going children as well as other young people. This helps the business owner 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 account is about identifying the key resources needed to operate this business. The key resources in this case should include the ingredients for making the ice cream. The other resources required include a delivery van equipped with the vending kiosk of the ice cream to the customers. The packaging of the ice cream also 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 place to place 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 consideration in this model is identification of the cost structure. A budget should be drawn and it should also outline the costs likely 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 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 course of action that can be taken to turn around the fortunes of the

Children's Fire Safety Programs in Edinburgh Term Paper - 1

Children's Fire Safety Programs in Edinburgh - Term Paper Example The first level of operational assurance that will be available will be based on the evaluation programs that will be implemented. The surveys that will take place after the programs can be considered and assessed for the short-term goals being met. If the retention levels of the fire hazard programs continue to improve and if the teacher responses are implemented, then it can be seen that the staff are providing the right level for the programs. Continuous innovation and the ability to meet the short-term goals will then provide a stronger basis for the programs and will become a measure of the operational assurance that is a part of the program. This will be furthered by the specific needs that are within the educational areas. Being able to meet these and receiving direct responses from the educational institutions will ensure that there is a higher level of quality that is being met.The operational assurance will then be followed by the understanding that the staff needs to meet the standards that were provided as a main resource in the beginning. Monitoring and mediation will be given to the staff to ensure that they continue to meet the standards that are expected with both the programs and inside the office. By doing this, there will be the ability to ensure that the staff continues to comply with the standards that have been set by past programs. There will also be the ability to ensure that the standards continue to be implemented while raising the standards to current issues that are a part of the community. This will be followed by the ability to create programs that are built from a combination of innovation and basic standards that are in compliance with the expected resources.