An increasing number of home-based food businesses have started to cater to consumers’ trends of ordering food delivery. Many food businesses in Singapore have partnered with delivery platforms such as Grabfood, Foodpanda, and Deliveroo which charge a significant commission. A friend approaches you to analyze the viability of starting a home-based food business Requirements For the allocated product sold, you are required to:
- Research into the average cost of various foods ingredients, labor, and overhead costs to estimate the average cost of preparing 1 set of the product in pack size suitable for delivery. Do account for any packing cost needed. State any assumptions made.
- Consider offering online sales and delivery with existing platforms. Research into online offers by competitors to determine the range of prices charged for similar products, and expenses expected with using one of the platforms including platform fees, marketing, and costs to resolve customers’ complaints. Propose a selling price to charge per product and estimate the expected sales volume per month from the online delivery. State the basis of your selling price and sales volume.
- Prepare a flexible budget for 1 month showing the expected profit/loss from this online business.
- Calculate the contribution per product, annual breakeven volume, and the volume required to earn a profit of $5,000 per month.
- Suggest any TWO(2) qualitative factors to consider when embarking on the online delivery option. We are doing Pasta Set for the products sold Pls hel
QUALITY: 100% ORIGINAL – NO PLAGIARISM
(USA, AUS, UK & CA PhD. Writers)
CLICK HERE TO GET A PROFESSIONAL WRITER TO WORK ON THIS PAPER AND OTHER SIMILAR PAPERS
About Our Service
We are an online academic writing company that connects talented freelance writers with students in need of their services. Unlike other writing companies, our team is made up of native English speakers from countries such as the USA, UK, Canada, Australia, Ireland, and New Zealand.
Qualified Writers
- At ClassicWritersBay.com, most of our writers are degree-holding native speakers of English who are familiar with various writing styles. Our writers are proficient in many fields, including Economics, Business, Accounting, Finance, Medicine, Chemistry, Literature, Mathematics, Statistics, and many others.
- Making our customers happy is an important part of our service. So do not be surprised if you get your paper well before the deadline!
- We pay a lot of attention to ensuring that you get excellent customer service. You can contact our Customer Support Representatives 24/7. When you order from us, you can even track the progress of your paper as it is being written!
- We are attentive to the needs of our customers. Therefore, we follow all your instructions carefully so that you can get the best paper possible.
- It matters to us who writes for you, and we are serious about selecting the best candidates.
- Our writers are always learning something new, so they are familiar with the latest developments in the scientific world and can write papers with updated information and the latest findings.
Our Guarantees:
- Quality original papers that follow your instructions carefully.
- On time delivery – you get the paper before the specified deadline.
- Attentive Customer Support Representatives available 24/7.
- Complete confidentiality – we do not share you details or papers with anybody else.
