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Stacy & Thever wants to set up a lce cream parlour in Toronto. However, they we not too sure of the business model they have

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Stacy & Thever wants to set up a lce cream parlour in Toronto. However, they we not too sure of the business model they have to go for Last year they have completed your diploma course and during this time they saved around $20,000. You are the Business Research Consultant and they have come to take your advice As a Business coultant, provide them the info on how to do the Business Research before venturing into the business ( 20 Marks) Make an estimation on Hudget as to how much it would cost them approximately If they want to come up with their ice cream parlour at Scarborough Town center mall Calculate all the Fixed and variable expenses which they would be incurring in. (10 Marks) What is Cout. Hentit Analysis? How do you perform the cont benefit analysis and advise them in either going for this business or texty (5 Marles) . Do the Break even stalysis and calculate after how many months will they be able to mach the break even as per the cost of investment which they are incurring (5 Marks) Assuming they are selling the different varieties of ice cream at the same price, how many units of hoe creat should they well every day to reach the Freak even point and give some tips is achievit 5 Mark) If they want to make a profit of what should be the price on which each unit of ice cream should be sold to reach the target and give some tips is achieving this 15 Maca)

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