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QUESTION 1 Suresh has been working as a Business Development Manager for the past 20 years. He does not see any opportunity for advancement in

QUESTION 1

Suresh has been working as a Business Development Manager for the past 20 years. He does not see any opportunity for advancement in his company. Feeling disappointed, he is thinking about starting his own business.

Due to lack of experiences in business, he wants to start a food truck business to fulfill his dream. Money is not an issue because Suresh has just sold his inherited house for Ringgit Malaysia 300 thousand. Since you are Sureshs best friend, he naturally comes to you for advice regarding his idea of food truck business. Please advise him.

  1. Critically evaluate the essential factors that need to consider to start a food truck business.

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