1. How many staff do you plan to hire, and establishing training for your staff, would it be budget friendly for a side hustle

Initially, hiring a small team comprising a chef, one or two kitchen assistants, and one or two front-of-house staff.

Training programs will be designed to be budget-friendly, utilizing online resources, hands-on training, and leveraging the expertise of the chef to train kitchen staff. Cross-training may also be implemented to maximize efficiency.

2. How can you determine that $10-35$ is a competitive price for your business?

Market research will be conducted to determine the pricing range for similar offerings in the area.

Cost analysis will be performed to ensure profitability while remaining competitive.

Feedback from customers and adjustments based on demand and competition will help determine the final pricing strategy.

3. Are there opportunities for partnership?

Collaborating with local businesses, such as hotels, tour operators, and event organizers, to promote the restaurant and attract customers.

Exploring partnerships with seafood suppliers, farmers markets, and cultural organizations to enhance the business’s visibility and reach.

4. Do you currently meet the needs for your products or services you want to offer?

Initially focusing on direct services at the business location (farmers market stall).

As the business grows, exploring options for delivery services, such as partnering with third-party delivery platforms or implementing in-house delivery for local customers.

5. Does your business have delivery options or just direct services at your business location?

Initially focusing on direct services at the business location (farmers market stall). As the business grows, exploring options for delivery services, such as partnering with third-party delivery platforms or implementing in-house delivery for local customers

6.Risk Mitigation: How do you plan to mitigate risks associated with factors such as fluctuating seafood prices, regulatory compliance, and market competition to ensure long-term sustainability and profitability? To mitigate risks associated with fluctuating seafood prices, I plan to establish contracts with multiple seafood suppliers to ensure competitive pricing and continuity of supply. Regarding regulatory compliance, I will stay updated on food safety regulations and undergo regular inspections to ensure adherence. To address market competition, I will differentiate my stall by offering unique Sri Lankan-inspired dishes and prioritize customer satisfaction through exceptional service.

7.Competitive Advantage: What sets your seafood fusion stall apart from existing competitors in Terrace, BC, and how do you plan to maintain a competitive edge in the market?

Our seafood fusion stall stands out from competitors by offering a distinctive blend of Sri Lankan and Canadian flavors, creating a truly unique culinary experience. We plan to maintain our competitive edge by continuously innovating our menu, leveraging customer feedback, and providing top-notch service to ensure customer loyalty.

8.Scalability: Do you have plans for scaling the business beyond the initial farmer’s market stall, and if so, what strategies will you employ to expand operations while maintaining quality and profitabilityMenu Diversity: Can you provide more details on the specific dishes and menu offerings available at the stall, including options for customers with dietary restrictions or preferences?

Yes, we have plans to scale the business beyond the initial farmer’s market stall. We aim to expand operations by potentially opening additional stalls in different locations and exploring opportunities for a standalone restaurant or food truck. Strategies to maintain quality and profitability include investing in scalable infrastructure, optimizing operational processes, and hiring and training additional staff as needed.

9.Quality Assurance: How do you ensure the freshness and authenticity of the seafood and ingredients used in your dishes, and are there any certifications or quality standards in place to guarantee this?

We ensure the freshness and authenticity of our seafood by sourcing from reputable suppliers who adhere to strict quality standards. Regular inspections and quality control measures are implemented to maintain freshness and authenticity. While we may consider obtaining certifications in the future, our primary focus is on delivering high-quality, authentic dishes to our customers.

10. Service Expansion: Are there plans to expand delivery services beyond the farmer’s market stall, and if so, what areas will be covered, and how will you ensure timely and reliable delivery to customers?

Currently, we do not have plans to expand delivery services beyond the farmer’s market stall due to logistical constraints, such as the distance to neighboring areas being more than 70 km from Terrace, BC. However, we are exploring the possibility of introducing a food truck option in the future. This would allow us to be more flexible in reaching different locations and expanding our customer base. However, specific plans for this process are still under consideration, and further development will be announced as we progress.

11.Community Partnerships: How do partnerships with local businesses and organizations benefit customers, and are there any special promotions or events planned as part of these collaborations?

As for special promotions or events planned as part of these collaborations, we are indeed leveraging the summer season and the farmers market as a prime opportunity to promote our Sri Lankan fusion cuisine. Here are some initiatives we have planned:

  • Cooking Demonstrations: We will host live cooking demonstrations at the farmers market, where customers can watch our chefs prepare signature dishes and learn about Sri Lankan cooking techniques.
  • Tasting Events: We will offer complimentary tastings of our dishes, allowing customers to sample the bold flavors and unique ingredients of Sri Lankan fusion cuisine.
  • Cultural Workshops: In collaboration with local cultural organizations, we will organize workshops or presentations that highlight the cultural significance of Sri Lankan cuisine, providing customers with a deeper understanding of the culinary traditions behind our dishes.
  • Special Promotions: We will offer exclusive discounts or promotions for customers who visit our stall at the farmers market, incentivizing them to try our food and become repeat customers.