Passive Income Strategy - Food Trucks Association of Canada
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Project scope
Categories
Financial modeling Digital marketing Search engine optimization Market expansion Marketing analyticsSkills
digital media strategy advertising strategy digital marketing researchIn the Association's interests to remain lean in its operation and affordable for all members, we are looking to diversify our revenues in a number of different ways. We'd love for students who are exploring digital marketing and digital strategy to help us with developing these plans.
Passive income may come from:
- Affiliate marketing
- Donations and gifts
- Automated advertising strategy with aligned content placement
- Small partnerships and sponsorships that can be automated in their execution
- As the Association does not currently have a passive income strategy, we'll be building up this plan from zero.
- The students should explore a variety of tools and options that small businesses and nonprofit organizations can use.
- Students should be prepared to propose a plan to the Association with their findings based in their research
To ensure the student's success, the Association will provide:
- Access to the data, analytics and any other relevant reporting properties to best inform the strategy
- Any other supportive tools that may be available at a free or reduced fee to nonprofit organizations
About the company
The Food Trucks Association of Canada (FTAC) is a national, nonprofit organization which was first registered in Canada in the late summer of 2020, in the earlier period of onset of the pandemic.
https://www150.statcan.gc.ca/n1/pub/45-28-0001/2021001/article/00010-eng.htm
An agile approach has been taken and we are now looking to redefine how we can best start and grow to support the industry. It is critically important to us to provide real and lasting value to our members.
Projects that are taken on by students and courses in the Riipen platform will be instrumental in our ability to build capacity to deliver that value.
To date, the work of the Food Trucks Association of Canada has been led by a volunteer Executive Director who is a passionate advocate in this space, and has leveraged a 75% student body of employees made available through various employment subsidies. It is a key part of our mandate to support student learning.
The NAICS code for the Food Trucks is 7223 and other code subsets.