Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description:  Food trucks helped make street vending a $1.5 billion industry in the U.S. last year, according to research firm IBISWorld. Plenty of aspiring entrepreneurs are salivating. But getting a full-service food truck rolling can cost upwards of $100,000, says Howard Leonhardt, who recently launched a venture to sell food trikes and scooters for a fraction of that price.

Source:  Businessweek.com

Date: Mar 15, 2013

Link: http://www.businessweek.com/articles/2013-03-15/food-trucks-are-stale-dot-line-up-for-food-scooters#r=most popular

Questions for Discussions:

  • What are the advantages of the scooter-based distribution system for allowing entry of entrepreneurial ventures?
  • Is this business better suited for non-profit initiatives or can it work well as a traditional profit driven enterprise?
  • What are some scooter-based food businesses that you think would be successful?

 

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