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Check out their website they are a food deliv ry service: Scenario: You have decided that you want to take advantage of this opportunity
Check out their website they are a food deliv ry service: Scenario: You have decided that you want to take advantage of this opportunity and earn some extra cash. However, you want to maximize your profits by investing in the appropriate transportation for this venture. In order to make your choice, you will need to do some research and make assumptions related to how your business will operate. You will be comparing the following 3 scenarios: 1. You will buy a new or used car to make your deliveries. You may consider any type of car; including any type of "tiny" car: https://cars.usnews.com/cars-trucks/smallest-cars-on-the- market 2. You will buy a moped to make your deliveries. 3. You will buy a bicycle to make your deliveries. Assumptions you may want to consider: Revenue: (here is how you will make money): https://rideshareapps.com/doordash-driver-promo-code/ How will you make money in each scenario? How many hours/day/weeks will you work per month or year? Initial Startup Costs of Operations (First Year Costs): https://www.doordashstore.com/category.aspx?ID=11742 What are some of the initial start up costs of each scenario? Operating Costs How will you determine your monthly/yearly expenses? Gas Expense Insurance Expense Phone Expense Maintenance Expenses Any Additional Assumptions you feel are necessary. For each scenario, provide the Return on Investment (Profit/Investment Cost) and the Payback Period (Initial Cost/Annual Net Cash Inflow) Prepare a 2-3 page paper showing how you analyzed these options and why you chose the option that is best for you. (You may utilize Charts or Tables to show how you completed your ratios.)
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