Food Truck Business Essay

7399 Words Jun 6th, 2016 30 Pages
Date : 12th April, 2016
Table of Contents

Introduction ……. ……. ……. …….. …….. ……. ……. ……. ……. ……. …….. ……. ……. ..03
Executive Summary ……. …….. …….. …….. ……. …….. …….. …….. …….. …….. …… ..04
Company Background ……. ……. ……. ……. …….. …….. …….. …….. ……. ……. ……. .07
Target Market ……. …… ……. ……. ……. ……. ……. ……. ……. …….. ……. …….. …….. 09 Short Term Market …….. ……. …….. ……. …….. …….. …….. …….. ……. …….. 09 Long Term Market …….. ……. …….. ……. …….. …….. …….. …….. ……. …….. 10
Management Team …….. ……. …….. ……. …….. …….. …….. …….. ……. …….. …… …11
Target Market Analysis …….. ……. …….. ……. …….. …….. …….. …….. ……. …….. …..11
Industry Analysis …….. ……. …….. ……. …….. …….. …….. …….. ……. …….. …… ………12
Competition …….. ……. …….. ……. …….. …….. ……..
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Hot &Spicy (“the Company”), is a City-based partnership business that will provide mobile sales of savory meal and dessert items to customers in its target market.
Mission Statement:
Hot & Spicy offers the Dhaka city area unique food made with the fine stand healthiest ingredients for any diet, complemented by legendary service on a mobile platform.

Products and Services:
The primary revenue generation for this business will come from the sale and distribution of hot and spicy food served from the “Hot & Spicy” food truck that will operate throughout the city areas. The business will specialize in serving fast food & local familiar items.

Business Name and Ownership Structure:
Hot & Spicy has been registered as the legal operating name for the business launched by three individuals: A,B and me. The three individuals have agreed upon general partnership ownership with equal share.

Financing:
We are seeking to raise Tk. 6000000 from a bank loan. The interest rate and loan agreement are to be further discussed during negotiation. This business plan assumes that the business will receive a 10-year loan with a 5 percent fixed interest rate compounded annually. The financing will be used for the following: -Development of the Hot & Spicy food truck; -Financing for the first year of operation; -Capital to pay employees for the first year of labor, -We will contribute a combined

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