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Want to take your restaurant on the road? Interested in starting a food-service business that affords lower overhead costs than a bricks and mortar restaurant? Starting a mobile food concession business has its advantages – the rent is cheaper, staff overhead is lower, and you can move to follow the profits. But it also has its challenges – weather, vehicle breakdowns, and seasonality, to name a few. And don’t forget, starting a business or expanding into new markets, particularly with on-board food, means you’ll also have to heed laws and regulations that apply when you take your business to the streets. Here’s what you need to know about operating your concession business within the law: 1. Apply for Licenses and Permits Any business needs a license or permit to operate legally, but going mobile requires you to get permits for all the cities and counties where you operate, not just your static business address (which may be your main place of business or your home-based HQ).
By Tim Berry From Bplans We divided the discussion into four parts, opened it up, set the tone as brainstorming—no bad ideas, and no taboos—and had good discussions about all four elements: strengths, weaknesses, opportunities, and threats, as they related to our financials and key metrics, the business climate in our industry, and the work we were doing together to grow our business. The goal of a SWOT analysis is to develop actionable insights—you want to catch opportunities and pitfalls sooner. It’s one way to minimize risk when you’re starting and growing your business. It was in one of these sessions that somebody suggested that I should change my focus a bit and deal more with the large picture than the specific code. It was also in a SWOT session that we realized we needed to make our product downloadable on the web (back in 1998, when we were among the first). In another session, we realized, as a group, that our key differentiator was the know-how and how-to built into
From SampleTemplates : When a private company wants to partner with a potential stakeholder, clients or supplier for a particular project, the capability statement shows the private companies' achievements, competencies, and qualifications to be able to get the deal on a proposed project. The presenting tool must be simple and short which only highlights the companies’ competencies and outstanding performance to do business with them. A Capability Statement should be very brief (only 1 or 2 pages), to the point and written specifically to the individual agency's needs. Ideally, it is a living document that changes depending on the targeted agency. Why is this? Because savvy companies know each agency has its own mission and focus, and the capability statement speaks directly to those needs The five key areas included in a successful statement are: 1. Core competencies - This is NOT everything a firm is able to do, but the core expertise of a firm 2. Past performance -