Cat and Joe's Pig Rig Case

Cat Joe's Pig Rig Case
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Cat Joe's Pig Rig Case
List and briefly describe the advantages and disadvantages inherent to the food truck business model as compared to traditional restaurants.
Advantages
High serving capacity: Food truck business has no limitation in terms of the serving capacity, therefore, has a high potential of serving a massive number of customers in a single location.
Low start-up capital: The initial cost of establishing a food-truck business is relatively low compared to housed apartments. With low initial costs spent in buying the food truck and related equipment, other costs are spread in acquiring licenses, lease and other items required in starting a food business.
The flexibility of a food truck business: Food trucks are not bound in a single location and can move from place to another depending on the availability and potential of getting a higher clientele.
Reduced operational costs: Food trucks require considerably low costs to manage compared to food restaurants. Additionally, only a few employees are required to run a food truck business successfully. Further, daily expenses incurred running a food truck business are relatively low.
Disadvantages
Laws and regulations in different states: Food truck business is highly regulated, and these regulations differ from state to another. For success in the venture, owners must be conversant and adhere to different rules and regulations given in different states and cities.
Food trucks have limited space: There is limited space in food trucks restricting the number of activities that can take place, the amount of food to be prepared, and the number of employees operating from the truck.
Food truck business is seasonal: There are myriad of factors that affecting the operations of a food truck business. For example, weather and available temperatures influence the opening of food truck business and the possible sales revenue.
On a typical day in Kamloops, how many “Ripped Pig” sandwiches must be sold in order to break even?
 EMBED Excel.Sheet.12 

From the above calculation, roughly 8 “Ripped Pig” sandwiches must be sold to break even
Comment on Cat and Joe’s breakeven point (calculated in Part a). Should this number be relevant to the entrepreneurs?
Cat and Joe are required to sell at least 8 “Ripped Pig” sandwiches to break even. This figure is critical for the success of any business. For a pro...