FOOD TRUCK BUSINESS

We are 4 partners

menu will be vegetarian dishes

healthy easy and low rate

ACCT 92

a five-year budget and include a master budget and the supporting budgets for all revenues and expenses.

Food Truck Business, produce a budget for materials purchases, labour, overhead and all other operating expenses. You will also need to produce a cash budget.

You must be reasonably specific about what is in your overhead budgets. That is, dont just show selling and admin overhead, indicate what the overheads are (eg: utilities, rent, office supplies etc.).

If your business will not break even initially, you will have to allow for deficit financing.

You will need to determine the overall profitability of your project by using the Net Present Value method.

To show how your organization will look in the future, you will have to produce a pro-forma income statement by month for the first year and a pro-forma balance sheet showing how the organization will look at the end of the first year.

For subsequent years, the budgets should be prepared on a quarterly basis with annual pro-forma income statements and balance sheets for the remaining four years.

specify the investment required, how it will be spent and the estimated Return on Investment that your investors should expect. This should be part of your presentation.

You and your team will then present your work in week 14. Your work must be submitted at least one day prior to your presentation to allow me to review your work and prepare questions.

All budgets MUST be completed in Excel and I MUST be able to click on a cell to see the formula you used to arrive at the number.