Foods 2 - 4.02 Startup Ventures

Front

Based on the first two years of sales, what can Margo’s Soups assume for year three?

Back

There should be an increase in revenue for year three.

Front

Based on the data, what can Margo’s Soups do to increase sales? Options: change the menu to hot dogs in hopes of increasing sales, leave everything as is and hope the next year will be better, stop selling soups, try selling cold soups as a menu option during the warm months of the year

Back

try selling cold soups as a menu option during the warm months of the year

Front

Applying the Lean Canvas Business Model, where is Kim in her plan presently?

Back

solution

Front

How much profit will Jim make in one day if he sells 60 dozen donuts, given that he makes them for $1.50 per dozen and sells them for $9.00 per dozen?

Back

$450

Front

What part of the Lean Canvas Business Model will Josh need to reassess to increase his finances after discussing his fixed and variable expenses? Options: solution, channels, competitive advantage, revenue streams

Back

revenue streams

Front

What part of the Lean Canvas Business Model (LCM) influenced Mary's decision to turn down the supplier offer from a corporate food business? Options: cost structure, channels, unique value proposition, revenue streams

Back

unique value proposition

Front

Max is finishing his monthly budget for his new business. Rent is $1,500, utilities range from $350 to $525, Internet is $150, and linens range from $125 to $275 per month. How much are his monthly fixed expenses?

Back

$1,650

Front

Luis has an idea for a food truck. He has studied the needs of his community and the types of people that can become potential customers, and he has even developed a business slogan. Applying the Lean Canvas Business Model, what is Luis's next step?

Back

channels

Front

Applying the Lean Canvas Business Model, what is Linda's next step? Options: revenue streams, competitive advantage, unique value proposition, cost structure

Back

unique value proposition

Front

A health center and spa just opened. Business is great because the owners have planned well and thought thoroughly about their business concept. They have developed a catchy mission statement and have launched a successful advertising campaign. Which step of the Lean Canvas Business Model did the owners execute well?

Back

unique value proposition and channels