Entrepreneurship Unit 2 Internal Assessment Group Members: Melbourne Allen, Karissa Grant, Jada Carby, Kevoya Bartley Subject: Entrepreneurship Unit 2 Teacher: Mr. Palmer School: Excelsior High School Territory: Jamaica Centre #: 100033 Year of Examination: May/June 2025 TABLE OF CONTENT CONTENTS PAGES Acknowledgment………………………………………………………….………………2 Introduction…………………………………………………………………..…….…….. 3 Research Objectives……………………………………………………..…….…………. 4 Population and Sampling………………………………………..………………………...5 Methodology..………………………………………………..……………………………6 Summary of Findings from the Questionnaire………………….………………….……..7 Presentation and Analysis of Data………………………………………………………..11 Conclusion and Recommendations…………………………………………….…………16 History of Venture………………………………………………………………….…….17 Mission, Vision Statement, and Core Values………………………………………….…19 Value Proposition………………………………………………………………………...20 Beneficiaries…………...…………………………………………………………………22 Operations………………………………………………………………………………..23 Product Differentiation………………………………………………….……………….25 Income Generation………………………………………………………………………26 Investment Model…………………………………………………………………….....28 Growth………………………………………………………………………………..…30 Mean Price………………………………………………………………….…………..34 Sales Forecast…………………………………………………………………………..37 Financial Analysis…………………………………………………………….………..40 Income Statement………………………………………………………………………42 Appendix……………………………………………………………………………….43 1 ACKNOWLEDGEMENT We would like to express our sincere gratitude to all those who contributed to the completion of this project. To our family and friends, your unwavering support and encouragement throughout this journey have been invaluable. We extend our appreciation to our peers for their insightful feedback and shared experiences, which helped us refine our ideas. Special thanks to our skincare for providing the resources and environment necessary for this project to flourish. We are also grateful to the participants in our research, whose time and input provided crucial insights for the development of Vegan Burst. Finally, thank you to everyone who believed in this vision from its inception—We could not have done it without you. 2 INTRODUCTION Executive Summary Vegan Burst is a global brand that aims to revolutionize wellness by providing all-natural vegan alternatives that nurture the mind and body. Starting with a flagship café in schools, the brand introduces healthier options to students and educators, fostering a culture of wellness at the grassroots level. The company plans to expand into other sectors such as beauty, hair care, and skincare, offering natural products made from herbs, fruits, and pure ingredients like honey, turmeric, and aloe vera. Vegan Burst is more than a business; it's a movement that challenges the status quo of the beauty and food industries by proving that plant-based options can be as enjoyable, effective, and nourishing as any other. The brand plans to branch into publishing cookbooks, magazines, and advertisements under the Vegan Burst name. Additionally, the brand aims to create a foundation to give back to underprivileged groups, starting in Jamaica. Vegan Burst is poised to become a world-class leader in vegan innovation, empowering individuals to live healthier, more mindful lives while making a positive impact on society. 3 RESEARCH OBJECTIVES Research Objectives: 1. Assess consumer response to Vegan Burst's plant-based meals, smoothies, and natural drinks. 2. It will measure interest levels in adopting healthier food and drinks options and their convenience, quality, and affordability. 3. Determine the most advantageous pricing strategy for the target market, balancing affordability with high-quality ingredients and eco-friendly food products. 4. Identify appealing aspects of the service, such as flavor, portion size, and nutritional benefits, and areas requiring improvement. 5. Identify the most effective marketing strategy to reach the target market, including social media, flyers, and in-school promotions. 6. Evaluate competitors' strategies to gain a competitive edge in the growing health and wellness industry. 4 POPULATIONS AND SAMPLING The target market for Vegan Burst will consist of individuals across Jamaica, ranging from 18 to over 40 years of age. The research focuses on understanding consumer preferences and behaviors related to plant-based nutrition and natural skincare. One of the primary locations chosen for this study is Tropical Plaza, situated on Constant Spring Road in Half-Way Tree, Kingston. This location was selected because it is easily accessible, appealing, and frequented by the target audience, making it an ideal spot for gathering valuable insights. Additionally, the research will also take place at Excelsior High School, located at 137 Mountain View Avenue in Kingston, Jamaica. This school has an approximate population of 2,500 students, along with over 90 teachers, 35 administrative workers, and 40 ancillary staff. Given the focus on promoting healthier lifestyles among students and staff, the school serves as a key demographic for Vegan Burst’s café. Data for this research will be collected using questionnaires distributed to a diverse sample of students, teachers, and ancillary staff. The researchers aim to distribute 12 questionnaires, with an equal split between 6 students and 6 staff members, ensuring a balanced representation of the school population. This approach will help capture a broad range of perspectives and provide valuable insights into how different groups within the school community engage with vegan food 5 METHODOLOGY The research will use both quantitative and qualitative methods to gather data on the market for Vegan Burst. Primary data will come from a questionnaire distributed to the target market, while secondary data will be gathered from market reports, industry trends, and research studies on veganism. The questionnaire will provide quantitative data on consumer preferences, price sensitivity, and purchase behavior, while qualitative insights will help understand customer attitudes and perceptions. The questionnaire revealed strong interest in plant-based options, particularly smoothies and vegan desserts, as healthier alternatives to traditional school cafeteria food. Students preferred more affordable options, while staff and local residents were willing to spend slightly more for higher-quality, sustainable products. Vegan Burst will need to implement a tiered pricing strategy, offering budget-friendly items for students while maintaining premium options for adults. Convenience and easy accessibility to healthy food and beauty products were also highlighted, with smoothies being the most frequently requested item. Social media was found to be the most effective platform for promoting Vegan Burst to students, while flyers and in-school promotions were more appealing to staff and local residents. 6 SUMMARY OF FINDINGS FROM THE QUESTIONNAIRE Questions Responses Under 18 (9) 1. What is your age group? 18-24 (6) 25-34 (1) 35-44 (1) Student (10) 2. What is your occupation? Staff/Employee (6) Self-Employed (1) $0 - $5,000 (6) 3. What is your weekly income range? $5,001 - $10,000 (4) $10,001 - $15,000 (6) Over $15,000 (1) 7 Yes (8) 4. Have you tried vegan or plant-based No (9) meals before? Very Likely (3) 5. How likely are you to purchase plantSomewhat Likely (8) based meals, smoothies, or natural Not Likely (4) drinks? - (2) View options Health benefits (7) 6. What would motivate you to try Vegan Burst’s products? Taste and flavor (4) Environmental impact (4) Price affordability (1) All of the above (1) Taste (5) 7. How important are the following Portion Size (4) factors in your decision to buy Vegan Burst’s products? Nutritional Value (8) Packaging/Presentation (0) 8 Very Excited (2) 8. What is your initial reaction to the idea of a vegan-focused café near your Neutral (11) Not Interested (3) school or workplace? - (1) Under $500 (3) 9. What price range would you consider $500 - $1,000 (6) reasonable for a plant-based meal? $1,000 - $1,500 (5) Over $1,500 (2) Yes (4) 10. Do you feel the quality of the product No (4) justifies a slightly higher price Maybe (8) compared to non-vegan options? 11. What aspects of Vegan Burst’s Quality of Ingredients (4) Convenience (2) products/services do you find most Variety of Options (8) appealing? Customer Service (2) 12. Are there any improvements you’d like to see in Vegan Burst’s offerings? More menu options (5) Larger portion sizes (5) Faster service (5) Better packaging (1) 13. Would you be interested in loyalty Yes (9) 9 programs or discounts for repeat No (5) purchases? Maybe (2) Social Media (7) 14. Which marketing channel would be Flyers/Posters (1) most likely to capture your attention? In-School Promotions (5) Word of Mouth (4) 15. What do you think Vegan Burst can do to stand out from its competitors? Lower prices (3) Unique menu items (5) Better marketing campaigns (7) Other (Please specify) (2) 10 PRESENTATION AND ANALYSIS OF DATA This section will present the data collected from the questionnaire responses using various charts and percentages for analysis. The survey covered key aspects such as age group, occupation, income range, experience with plant-based meals, and purchasing preferences. Have you tried vegan or plant-based meals before? 11 Do you feel the quality of the product justifies a slightly higher price compared to nonvegan options? 12 Which marketing channel would be most likely to capture your attention? What would motivate you to try Vegan Burst’s products? 13 How important are the following factors in your decision to buy Vegan Burst’s products? 14 15 CONCLUSION AND RECOMMENDATIONS Vegan Burst, a plant-based, eco-friendly restaurant, has received positive feedback from consumers, indicating strong market potential in the food and wellness industries. The brand's commitment to customer feedback and accessibility is evident in its offerings, which include smoothies, energy-boosting shakes, and wholesome plant-based meals. The café model aims to introduce healthier food options to students and educators, fostering better eating habits from an early age. Vegan Burst also plans to expand into vegan beauty, hair care, and skincare, offering all-natural, eco-friendly products that uplift individuals and protect the planet. The brand aims to redefine health, sustainability, and conscious consumption by demonstrating that plant-based options can be just as delicious, effective, and nourishing as traditional alternatives. As the brand expands, it aims to give back to underserved communities and ensure everyone has access to nutritious, high-quality food. Vegan Burst is a transformative force that will inspire generations to come, embracing the future of health and sustainability. 16 HISTORY OF THE VENTURE Vegan Burst began as a simple vision fueled by a passion for plant-based living and sustainability. Four individuals, frustrated by the lack of healthy, flavorful vegan options in their community, decided to create something truly unique—a restaurant that not only served delicious meals but also championed a lifestyle of wellness and environmental responsibility. They recognized a gap in the market for high-quality, fully plant-based fast food that didn’t compromise on taste or nutrition. Determined to fill this void, they embarked on a journey to create Vegan Burst—a restaurant where fresh, locally sourced ingredients come together to redefine the vegan dining experience. To bring this vision to life, they partnered with local farmers and suppliers to source organic vegetables, natural seasonings, and plant-based proteins. Every recipe was crafted with care, ensuring that each meal was both nourishing and satisfying. Though the journey was not without its challenges—finding the right suppliers, perfecting recipes, and educating people about plantbased eating—their dedication never wavered. As Vegan Burst grew, so did its impact. What started as a small restaurant soon became a community-driven initiative, inspiring people to embrace plant-based eating as a way to improve both personal health and the environment. Through creative menu innovations, sustainability efforts, and a commitment to quality, Vegan Burst continues to prove that plant-based food can be both exciting and accessible. Today, Vegan Burst stands as a testament to the power of passion and purpose. It is more than just a restaurant; it is a movement towards a healthier, more sustainable future. As they continue 17 to grow, their mission remains clear: to inspire a plant-based lifestyle while delivering flavorful, eco-friendly meals that everyone can enjoy. 18 MISSION STATEMENT To provide delicious, high-quality vegan meals that promote health, sustainability, and ethical eating, making plant-based living accessible and enjoyable for all. "Flavor the Future, One Bite at a Time!" VISION STATEMENT To become the leading name in plant-based dining, setting a new standard for flavorful, sustainable, and ethical fast food. CORE VALUES Our foundation is built on: ● Integrity – Honoring our commitment to ethical, plant-based food. ● Sustainability – Prioritizing eco-friendly sourcing and packaging. ● Innovation – Constantly improving and reimagining vegan cuisine. ● Community – Supporting local farmers and fostering a health-conscious society. 19 VALUE PROPOSITION Vegan Burst is set to revolutionize the plant-based food industry in the Caribbean. As the demand for healthier, more sustainable eating options continues to rise, Vegan Burst stands at the forefront, ensuring that both flavor and nutrition are never compromised. With this innovative and forward-thinking approach, success is inevitable. Our restaurant is dedicated to providing meals that are not only delicious but also nourishing, encouraging individuals to embrace plant-based eating as a lifestyle. By offering an experience that promotes both wellness and sustainability, we inspire our customers to invest in their health while supporting a business that aligns with their values. Our meals are designed to be accessible to the general public, with a mix of direct and indirect distribution. While we currently operate from our main location, we are exploring future expansion opportunities to make Vegan Burst even more widely available. As we continue to grow, our commitment remains the same—to deliver flavorful, high-quality plant-based meals that benefit both people and the planet. Vegan Burst is more than just a place to eat; it’s a destination for those who want to make a positive impact on their health and the environment. As we continue to innovate and evolve, we are dedicated to creating a space where everyone feels welcomed, empowered, and inspired to make sustainable choices. Our commitment to quality, sustainability, and inclusivity ensures that every meal is not only a delicious experience but also a step toward a better future. We believe 20 that plant-based eating should be accessible, enjoyable, and part of a larger movement toward a healthier, more sustainable world. Whether through our locally sourced ingredients, eco-friendly practices, or community engagement, Vegan Burst aims to be a beacon of change in the Caribbean, proving that food can be both good for you and good for the planet. 21 BENEFICIARIES Vegan Burst is dedicated to offering plant-based meals that cater to a wide range of dietary preferences and needs. Our focus is on providing delicious and nutritious vegan options that are customizable for individuals seeking healthier, more sustainable food choices. Our target audience spans across Jamaica, particularly individuals aged 15-45, who are interested in embracing plant-based eating as part of a healthier lifestyle. Vegan Burst operates on a directto-consumer model, engaging directly with our customers to offer a unique dining experience that prioritizes taste, wellness, and sustainability. As the only establishment in the region providing fully plant-based, eco-friendly meals, Vegan Burst stands at the forefront of the movement to reduce environmental impact while promoting a healthy, sustainable lifestyle. By choosing locally sourced, organic ingredients and using biodegradable packaging, we aim to significantly reduce waste and contribute to the global movement of protecting the environment. Our commitment goes beyond just serving food—it’s about making a lasting, positive impact on both our customers' health and the planet. 22 OPERATIONS Vegan Burst is a plant-based restaurant in the Caribbean that employs skilled and unskilled labor to ensure smooth operations and efficient service. Skilled labor includes a head chef and sous chefs, kitchen staff, customer service representatives, cashiers, and restaurant managers. Unskilled laborers assist with tasks like stocking ingredients and packaging takeout orders. The restaurant also plans to employ gardeners to grow herbs and vegetables on-site. The equipment used includes blenders, food processors, ovens, grills, fryers, refrigerator units, point-of-sale systems, and eco-friendly packaging. The restaurant also plans to maintain in-house gardens and establish local partnerships with farmers for fresh, organic ingredients. Operational costs include variable expenses like ingredients, labor, utilities, and fixed costs like rent, salaries, equipment, marketing, advertising, and insurance. Vegan Burst aims to provide high-quality plant-based meals while focusing on sustainability and excellent customer service. 23 Fixed Costs $ Variable costs $ Rent 29,642 Advertising 25,000 Insurance 50,000 Fixtures and 35,000 Equipment Legal Fees Total 5000 64,642 Machinery 40,000 Wages 120,000 Utility 100,000 Total 320,000 The variable cost over the 6 month period is exceedingly higher than the fixed costs, which shows a more consistent per-unit cost and, therefore, a more consistent gross margin, operating margin and profit margin. 24 PRODUCT DIFFERENTIATION Vegan Burst is a fast-food chain that focuses on providing high-quality, plant-based meals that prioritize human health and environmental sustainability. Unlike traditional fast-food establishments that use processed ingredients, Vegan Burst uses fresh, locally sourced ingredients. The company aims to promote a sustainable lifestyle and provides balanced nutrition without compromising taste. Vegan Burst uses natural seasonings, organic vegetables, and plantbased proteins to create meals that not only satisfy cravings but also support long-term wellbeing. The company's pricing may be slightly higher than competitors due to premium ingredients and sustainability commitments. 25 INCOME GENERATION To ensure a steady cash flow and sustainable growth, Vegan Burst will utilize a combination of loans, grants, and capital from its founders. The initial startup capital will be allocated toward essential expenses, including restaurant design, rental costs, equipment purchases, and initial inventory of high-quality, plant-based ingredients. Additional funding through business loans will support operational costs, marketing efforts, and staff salaries, ensuring that the business remains financially stable during its launch phase. The ultimate goal is to achieve moderate profits within the first year, which will then be reinvested into the business for expansion and further improvements. Vegan Burst is committed to careful financial management, ensuring that all expenses are monitored and optimized for efficiency. Key recurring costs, such as rent, advertising, kitchen equipment maintenance, and employee wages, will be strategically managed to maintain profitability. While variable costs—such as ingredient procurement and packaging—may initially be higher due to our commitment to fresh, organic, and sustainable sourcing, we anticipate a steady increase in revenue as brand awareness grows. Through effective cost management and sales strategies, Vegan Burst aims to quickly repay its startup loans while simultaneously enhancing the overall financial strength of the business. Profitability will be driven by a strong and growing demand for plant-based meals, with our unique approach setting us apart from competitors. As more consumers seek healthier and more sustainable food choices, Vegan Burst is positioned to capitalize on this shift, generating high sales volume and securing a strong market presence. Our long-term financial strategy includes 26 reinvesting profits into expanding our locations, diversifying our menu, and integrating new sustainable innovations, ensuring continued success in the evolving plant-based food industry. 27 INVESTMENT MODEL The investment model for Vegan Burst follows a growth-oriented approach, focusing on extensive market research to understand the demand for high-quality, plant-based fast food. By analyzing consumer trends, competition, and industry gaps, we ensure that Vegan Burst remains at the forefront of the growing plant-based movement in the Caribbean. Funds are strategically allocated toward key areas, including menu development, ingredient sourcing, restaurant infrastructure, and eco-friendly packaging. Our commitment to sustainability and fresh, locally sourced ingredients is reflected in our investment strategy, ensuring that our offerings meet the highest standards of quality and ethical responsibility. A significant portion of our investment is dedicated to marketing efforts that build brand awareness and customer loyalty. Digital campaigns, social media engagement, and community events will play a vital role in positioning Vegan Burst as the go-to destination for delicious, plant-based meals. Additionally, distribution channels—including potential partnerships with food delivery services—are carefully assessed to expand our reach and accessibility. To maintain financial stability, we conduct thorough financial projections, analyzing production costs, revenue forecasts, and potential risks. Investment structures and exit strategies are carefully considered, ensuring flexibility and sustainability in our business model. By integrating sustainability metrics into our financial planning, we appeal to socially conscious consumers who prioritize ethical dining choices. 28 Consulting with legal and financial advisors ensures compliance with industry regulations and optimizes our investment model for long-term success. Vegan Burst is not just a restaurant—it is an investment in a healthier, more sustainable future, offering exceptional plant-based meals while setting new standards in the food industry. 29 GROWTH Vegan Burst's growth model is built on strategic investment by its founders, along with substantial reinvestment of profits to generate additional capital. This approach ensures that the business remains financially sustainable while expanding its reach. A key part of our growth strategy is conducting in-depth market research to understand consumer demand, identify our target audience, and refine our offerings to align with evolving trends in plant-based dining. Our expansion plan includes developing a unique and compelling brand identity that highlights sustainability, health, and flavor. By emphasizing high-quality, plant-based meals made from fresh, locally sourced ingredients, we differentiate ourselves from competitors while staying true to our mission. A strong online presence will be established through social media, content marketing, and digital advertising to educate consumers and build a loyal customer base. Additionally, Vegan Burst aims to form partnerships with local farmers, eco-friendly packaging suppliers, and delivery services to enhance accessibility and convenience. We will actively engage with the community through events, collaborations, and educational initiatives that promote plant-based living. Prioritizing exceptional customer experiences—through fast service, high-quality meals, and a welcoming atmosphere—will ensure repeat business and positive word-of-mouth growth. If Vegan Burst performs exceptionally well in its first two years, we will explore opening additional locations to serve a wider customer base. Expansion may also include introducing new menu items, developing innovative plant-based products, and exploring retail opportunities. However, if challenges arise, we will adapt by refining our menu, launching new promotions, and continuously innovating to meet customer preferences. Our long-term vision is to become a 30 leading force in the Caribbean’s plant-based food industry, making sustainable, nutritious meals accessible to all. 31 Startup Capital Items Cost ($) Rent 129,642.00 Advertising 100,000.00 Insurance 254,208.00 Company Car 3,000,000.00 Equipment 300,000.00 Machinery 450,000.00 Raw materials 550,000.00 Insurance 120, 000.00 Legal Expenses 50, 000.00 Wages 120,000.00 Utility 100,000.00 Total Capital needed to start 5,173,850.00 32 Total Fixed Startup Expenses Start-up Expenditures Cost($) Utility 100,000.00 Rent 29,642.00 Wages 120,000.00 Insurance 50 000.00 Legal Fees 5000.00 Advertising 25,000.00 Fixtures and Equipment 35,000.00 Machinery 40,000.00 Total Fixed Start up Expenses 404,642.00 33 Mean Price Food Items Price Spicy Chickpea Wrap $2,800 Avocado Power Bowl $2,500 Coconut Curry Delight $3,000 Rainbow Superfood Salad $2,900 Average Price: $2,800 + $2,500 + $3,000 + $2,900 = $11,200 $11,200 ÷ 4 = $2,800 34 Vegan Burst Menu Food Items Price BBQ Jackfruit Sandwich $2,500 Roasted Sweet Potato Bowl $2,800 Creamy Coconut Lentil Soup $3,000 Grilled Veggie Tacos $3,100 Average Price $2,500 + $2,800 + $3,000 + $3,100 = $11,400 $11,400 ÷ 4 = $2,850 35 Vegan Burst Specials Avocado Bliss Wrap $2,700 Spicy Peanut Tofu Bowl $3,200 Savory Mushroom & Lentil Pilaf $2,900 Citrus Glow Smoothie $3,000 Average Price: $2,700 + $3,200 + $2,900 + $3,000 = $11,800 $11,800 ÷ 4 = $2,950 36 SALES FORECAST The startup table assumes a realistic growth trend. There are three main areas of income: Meals, Smoothies, and Snacks. The basis of these projections is a conservative estimate of 20 sales per day in the first month of operation, increasing to 75 sales per day by the sixth month. Meals Month Sales Volume Unit Price Sales Amount January 20 $2,800 $56,000 February 26 $2,800 $72,800 March 31 $2,800 $86,800 April 42 $2,800 117,600 May 63 $2,800 $176,400 June 75 $2,800 $210,000 37 Meals Month Sales Volume Unit Price Sales Amount January 20 $2,850 $57,000 February 26 $2,850 $74,100 March 31 $2,850 $88,350 April 42 $2,850 $119,700 May 36 $2,850 $179,550 June 57 $2,850 $213,750 38 Month Sales Volume Unit Price Sales Amount January 20 $2,950 $59,000 February 26 $2,950 $76,700 March 31 $2,950 $91,450 April 42 $2,950 $123,900 May 63 $2,950 $185,850 June 75 $2,950 $221,250 39 PRICE ANALYSIS Products Cost $ meals 2,800 meals 2,950 meals 2,850 $ 8600 40 Sources and uses of Funds: Capital 4,000,000 Loan 3,500,000 Grant from family 800,000 Total Sources 8,300,000 Uses of Funds: Fixtures and Equipment 400,000 Utility 100,000 Rent 129,642 Machinery 450,000 Legal Fees 50,000 Total Uses 1,129,642 41 INCOME STATEMENT FOR Vegan Burst FOR A 6 MONTH PERIOD | | January | February | March | April | May | June | Total | |----------------|-----------|-----------|-----------|-----------|-----------|-----------|-------------| | Gross Sales | | | | | | | | | Total Sales |172,000 223,000 266,600 361,200 541,800 645,000 | Total Sales \172,000 ,223,000, 266,600 ,361,200 ,541,800 ,645,000 Expenses: | Advertising| 25,000 , 25,000 , 25,000 Rent 26,642| 26,642| 26,642| 26,642| 26,642 | 26,642 | Utilities 20,000| 31,000| 26,000| 39,000| 38,000 |23,000| | Fixtures and Equipment 28,000| 20,000| 15,500| 13,100| 20,000| 15,000 | |Machinery 30,000| 28,000| 20,000| 29,000| 19,000| 25,600 $180,000 | | Wages 120,000| 120,000| 120,000 |120,000| 120,000| 120,000 | Total Expense 593,642| 671,642| 766,342| 950,142| 1,332,242|1,500,242 | Net Income |421,642| 448,642| 499,742| 588,942| 790,442| 855,242 42 Appendix Questionnaire: 1. What is your age group? ○ Under 18 ○ 18-24 ○ 25-34 ○ 35-44 ○ Over 45 2. What is your occupation? ○ Student ○ Staff/Employee ○ Self-Employed ○ Other 3. What is your weekly income range? ○ $0 - $5,000 ○ $5,001 - $10,000 ○ $10,001 - $15,000 ○ Over $15,000 Section 2: Product and Service Perception 4. Have you tried vegan or plant-based meals before? ○ Yes ○ No 43 5. How likely are you to purchase plant-based meals, smoothies, or natural drinks? ○ Very Likely ○ Somewhat Likely ○ Not Likely 6. What would motivate you to try Vegan Burst’s products? ○ Health benefits ○ Taste and flavor ○ Environmental impact ○ Price affordability ○ All of the above 7. How important are the following factors in your decision to buy Vegan Burst’s products? ○ Taste ○ Portion Size ○ Nutritional Value ○ Packaging/Presentation 8. What is your initial reaction to the idea of a vegan-focused café near your school or workplace? ○ Very Excited ○ Neutral ○ Not Interested Section 3: Pricing Strategy 9. What price range would you consider reasonable for a plant-based meal? ○ Under $500 44 ○ $500-$1,000 ○ $1,000-$1,500 ○ Over $1,500 10. Do you feel the quality of the product justifies a slightly higher price compared to nonvegan options? ○ Yes ○ No ○ Maybe Section 4: Service Feedback and Improvements 11. What aspects of Vegan Burst’s products/services do you find most appealing? ○ Quality of Ingredients ○ Convenience ○ Variety of Options ○ Customer Service 12. Are there any improvements you’d like to see in Vegan Burst’s offerings? ○ More menu options ○ Larger portion sizes ○ Faster service ○ Better packaging 13. Would you be interested in loyalty programs or discounts for repeat purchases? ○ Yes ○ No ○ Maybe 45 Section 5: Marketing and Competition 14. Which marketing channel would be most likely to capture your attention? ○ Social Media ○ Flyers/Posters ○ In-School Promotions ○ Word of Mouth 15. What do you think Vegan Burst can do to stand out from its competitors? ○ Lower prices ○ Unique menu items ○ Better marketing campaigns ○ Other (Please specify) 46
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