The Ministry of Economy and Commerce has given tips to vendors to boost their businesses under an initiative launched recently to streamline and develop the vending sector in the country.
The Ministry has advised vendors to draw a complete business plan, choosing the business activity based on the potential customers and profits. They must note down the budget, expected revenues and should bring innovative ideas and draw a complete roadmap to implement it like the working time, size and nature of work.
Ministry has asked the vendors to find the best place for vending practice. They should prefer crowded places and keep away from shops and other vendors doing the same businesses and providing same services.
Vendors were asked to obtain licence before starting the practice and follow all rules and regulations.
Ministry has advised vendors to use social networking sites to promote their businesses and attract the customers through interacting with friends and followers. They can hire some experts of social networking sites.
Surveys should be conducted to know the reactions of the people on their favourite dishes.
