Cat Joe's Pig Rig Case Accounting, Finance, SPSS Case Study (Case Study Sample)
Read the case, and then answer the question ( there are 6 question which on the scan document page 4 - "assignment" part). Please let me know if the writer has any question. Thank you.source..
Cat Joe's Pig Rig Case
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.
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.
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