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paraphrase these paragraphs? In managerial accounting point of view, we can briefly sum up the main advantages of the food truck industry are that most

paraphrase these paragraphs?

In managerial accounting point of view, we can briefly sum up the main advantages of the food truck industry are that most of your business costs are variable whereas having a physical location would have high Fixed cost. On the other hand, business in fixed location has the advantage of building customer loyalty, which makes the customers knowing you and your business services, that will be at a set location, I do believe that Cat & Joe would look forward to that. On the contrary, having a food truck moving from location to another can or will cut down on those repeated customers, but could also increase new customer base that means attract new customers to your business. On more thing to point out, Cat & Joe are currently the only people working at the restaurant which mean that when there is high demand, products run low and they cannot work fast enough to replenish.

o Attending Bullarama has non-financial benefits it would be that Cat and Joe would have a great marketing opportunity, great personal experience, and the opportunity to learn everyday something new. Cat and Joe would gain a new customer base; however, the disadvantages would be a possible opportunity cost of a days revenue from the loyal local business.

o Depending on all the calculations above, I do recommend that Cat & Joe stays in Kamloops for the day, because they would have a higher expenses costs on travelling which would cause the income for the day to decreased from $53.12 to $37.14, also, there could be more than just one competitor vendor at Bullarama, which will make them face more risks. Cat & Joe must deal with the progress relative to loyal customers requirements, and they must remain on the competitive advantage, market place they already have. they should put into account to the non-financial objectives and the important roles, its play to achieve the profitability.

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