Essay About Food Cart Business
10 EFFECTIVE TIPS TO START YOUR FOOD CART BUSINESS
Among the basic necessities of a human in order to live, the most important thing is food, there’s no question about that. Food is actually one of the ways of how Filipinos cope up; when we meet with friends, we eat; in family gatherings, we eat; we often visit the cafeteria when we meet with our loved ones. We love to do things with food. If you are a business-minded person, I know what you’re thinking; you know many people love food, so you venture into something they love, and you’re sure to succeed. That’s when you enter the food business.
There are countless strands of food business possibilities out there, and you can choose what you want, depending on your budget capitalization. For the sake of discussion, say you don’t have enough capital to start a big restaurant, but you have the funds to enter into food business. You’re not yet ready to enter into a really big management responsibility, but you want to start your own business. Well, food cart business is perfect for you.
Before you venture into this food cart business, we have listed here 10 reminders for you to keep on track.
1. Do environmental scanning
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Each decision has its own pros and cons, though. I you choose to make it your own, you have total control on what you want to sell, how to prepare it, how much capital you want to start with, and everything else in managing your food cart. This will be cheaper, considering you don’t have to pay for the franchise fee, but you will bear all the risks and rewards. On the other hand, franchising will save you time for research and feasibility study, but will cost you higher because of the franchise fee. You’re paying for its trade name and you’re sure the product is already a trendsetter. Whether you want to do a hands-on start up or franchise will depend on your capital budget, so decide
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