Hit And Run Analysis
Social benefits: Hit and Run is a company that has its social benefits outweighing its social cost. Hit and Run is a company for the people, we cater to those who need our service, there are many different ways that we try to make that happen. It can be very time consuming to the everyday person to make a meal themselves. There are many activities that you could be doing with your time, whether it be going to the gym, watching your favorite show, hanging out with friends or whatever else you do with your free time, it's frustrating when you want to eat something healthy when the only fast-food around is extremely unhealthy. Even cooking alone, what with the time, labour and need of materials, it can become somewhat of a hassle. Though
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Though there are few social costs, some of them do set our company back a small amount. One of our biggest social costs is that we cannot commute to, and therefore cannot satisfy all of our customers. Though we are a food truck, we do really only stay in one place everyday. Customers that are living somewhere that can’t make it to our location are unfortunately out of luck because we do not offer a delivery service. Another one of the company’s costs is weather conditions. When the weather isn’t right (eg. raining, snowing, etc.) we cannot conduct nearly as much business as we would be able to under normal weather …show more content…
Our revenue stream comes from selling our sandwiches and wraps in different locations throughout Toronto. Breakfast revenues, lunch revenues, dinner revenues, and late night revenues (post bar). Revenue comes from the sale of a variety of styles of sandwiches and wraps that we offer in the toronto area. Each sandwich is tailored to the time it is being sold. For example, a breakfast style sandwich will have bacon and egg on it, and would be served in the morning along with coffee. Hit and Run’s break even analysis contains the following costs. Our employees are paid minimum wage, our wage costs are $157.50/day on average ($11.25 x 14). Our truck shuts down during non-peak hours in order to save money. The truck’s overhead is 350/month for insurance, $6400/year for Toronto vending permits, a daily inventory of $100 which includes food and paper plates. Repair and energy costs of $1,500/month. The average price of one of Hit and Run’s sandwiches is $8.75, making the break even revenue $325.28, and the break even sales number 38 sandwiches ($325.28=8.75x) daily in order to break
Though there are few social costs, some of them do set our company back a small amount. One of our biggest social costs is that we cannot commute to, and therefore cannot satisfy all of our customers. Though we are a food truck, we do really only stay in one place everyday. Customers that are living somewhere that can’t make it to our location are unfortunately out of luck because we do not offer a delivery service. Another one of the company’s costs is weather conditions. When the weather isn’t right (eg. raining, snowing, etc.) we cannot conduct nearly as much business as we would be able to under normal weather …show more content…
Our revenue stream comes from selling our sandwiches and wraps in different locations throughout Toronto. Breakfast revenues, lunch revenues, dinner revenues, and late night revenues (post bar). Revenue comes from the sale of a variety of styles of sandwiches and wraps that we offer in the toronto area. Each sandwich is tailored to the time it is being sold. For example, a breakfast style sandwich will have bacon and egg on it, and would be served in the morning along with coffee. Hit and Run’s break even analysis contains the following costs. Our employees are paid minimum wage, our wage costs are $157.50/day on average ($11.25 x 14). Our truck shuts down during non-peak hours in order to save money. The truck’s overhead is 350/month for insurance, $6400/year for Toronto vending permits, a daily inventory of $100 which includes food and paper plates. Repair and energy costs of $1,500/month. The average price of one of Hit and Run’s sandwiches is $8.75, making the break even revenue $325.28, and the break even sales number 38 sandwiches ($325.28=8.75x) daily in order to break