Ice Cream Truck: Ice cream & Shakes

Techs: Powerpoint
Department: Management Sciences
MSTeamURL: click here

We aim to provide people with a variety of flavored Ice cream, different kinds of fruit shake and cones of their favorite brands, all in just a simple truck

Objectives

Extrepreneurship Business startup Startup essentials Business analysis

Socio-Economic Benefit

Job Creation: Food truck businesses contribute to job creation, particularly for local communities. Setting up a food truck requires a team of individuals to operate and manage various aspects, such as cooking, serving, marketing, and administration. By employing local residents, food truck businesses help stimulate the local economy by providing job opportunities and income sources. These jobs can be especially beneficial for individuals who may face barriers to traditional employment or are seeking flexible working arrangements. Revitalizing Local Areas: Food trucks can play a significant role in revitalizing local neighborhoods or areas that may have experienced economic decline or neglect. They can act as catalysts for urban renewal by attracting people to previously underutilized spaces, such as empty parking lots or abandoned areas. The presence of food trucks can create a vibrant and dynamic atmosphere, drawing in customers and generating foot traffic, which can in turn benefit other nearby businesses. This revitalization can enhance the overall aesthetic appeal and social fabric of the community, leading to increased economic activity and a sense of community pride.

Methodologies

Waterfall Methodology: The waterfall methodology is a traditional and sequential approach to project management. In the context of an ice cream truck business, this methodology involves following a structured step-by-step process. Here's how it can be applied: Requirement Gathering: Identify and document the requirements of your ice cream truck business, such as target market, menu offerings, pricing, permits, and licenses. Planning: Create a comprehensive business plan, including market analysis, financial projections, marketing strategy, and operational logistics. Determine the necessary resources and create a timeline. Execution: Procure the ice cream truck, equipment, and supplies. Obtain the required permits and licenses. Set up your operations, hire staff, and establish relationships with suppliers. Testing: Conduct test runs of your ice cream truck in different locations to gauge customer demand and refine your offerings and operational processes. Deployment: Launch your ice cream truck business, implementing the lessons learned from the testing phase. Market your business, build customer relationships, and establish routes and schedules. Maintenance: Continuously monitor and evaluate your business performance, make adjustments as needed, and address any issues or challenges that arise.

Outcome

Profitability Market Expansion Customer Satisfaction

Project Team Members

Registration# Name Email
FA19-BBA-004 ABID ULLAH KHAN dup
FA19-BBA-006 MUHAMMAD NOOR-UL-AMIN dup
FA19-BBA-027 MUHAMMAD SANWAL GUL sanwalawan872@gmail.com
FA19-BBA-062 YASIR KHAN y03329398777@gmail.com

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