Assignment 2

Name :Hamza Arshad

Roll no: 21-10569
1. As we know Lahoris are well known as foodies so theres no good business than Food
business in Lahore, so opening a new food chain or changing trend or introducing new
taste is really a great opportunity.
2. Majority of the young generation is a junk lover anything or any type of fast food gives
at least small amount of profit in this type of environment because Lahore has become
the hub of everything like people from different cities come to Lahore for study and for
jobs. Human nature needs change and a change attracts people attention. So Lahoris are
not much familiar with “Mini Burgers” which is really a great success in foreign
countries. This will attract customers because it will be a new thing and everyone at least
try once so that once is our opportunity to make them our regular customers through our
services and taste and quality. The change will not only be in burgers but also its
presentation there will be different buns of your choice with different meat of your choice
with different sauces of your choice with different types of fries plus it will be served in a
bucket like eg: bucket of 6 burgers with everything of your choice. And the main focus
will be on low prices which will attract more people.
3. Yes there is a need for this because everyone is familiar with burgers and majority loves
burgers but not many of them are familiar with mini burgers so there should be a change
to attract customers.
4. The new trend will make people to try it and that’s how this business can progress.
5. Currently there is not a single food chain with this new trend in Lahore so it’s a great
opportunity to earn profit and again there is no good business than food business in
Lahore.
6. The main focus is on youth because youth wants good quality for less price so these mini
burgers will attract the youth to try something new and economical with better quality
and taste ( as these can be prepared in such a low price). A good location and
advertisement will attract almost everyone.
7. The market of food is never ending so this small business or investment can become a
very big profitable business.
8. The production is really cheap in this business when you include everything still you can
get a good profit from it. The main focus is on price, less price and good quality means
more customers. Well people of today spend 80 percent of their money on food and
clothes so there is no good business than food business.
9. Its not Much hard all you need is a good location which is available for 20 to 40 thousand
rupees max per month and kitchen equipments for 50 to 60 thousand max which is one
time expenditure and chef and almost 2 to 3 workers which will cost you hardly 30 to 40k
per month. You can also start from less investment as only take away and delivery
 service all you need is a good advertisement and a chef and a kitchen so overall its not
hard at all its all about how you do it.
10. A good location because location matters a lot and a good chef so I can deliver better
taste and quality and a large scale advertisement so every foody should know about the
new trend in town. Large Investment is not needed for this business.