/ck/ - Food & Cooking

>>18284043
It doesn't matter how much you charge, you're too retarded to run a business and will be bankrupt within a week

>>18284043
What state are you in?

>>18284052
Well, that's One opinion
>>18284053
Tennessee

>>18284043
Cost of business + margin. Idk what your costs are so this is as exact as you're going to get it.

What are your:
>COGS
>Overhead costs
>Competitor's pricing
>Expected daily throughput

>>18284071
It's supply and demand, how much could I get you to pay for it!

,00002 BTC

>>18284077
Again, an empty question. Are you at a premium location with a captive audience (think popular amusement park) or a run down trailer hidden away in some alley? Are they any good? Do you market your food correctly? What are the prices at similar establishments in your vicinity? etc etc. If you can ask these questions without irony you cannot run a business.

Probably 50 cents of produce. Work hours, taxes.
Could I get some 3 dorrar and my Latin Gf smiles.

>>18284043
find out what the prices for something similar is in your town or at least somewhere similar within 1 hour distance and price it just below their prices. the quality has to be top tier to justify it, though.

>>18284043
>lil bizznez
you'll be stealing the ingredients so it's 100% profit my friend

>>18284099
Basically you cannot expect an answer containing a number if you don't provide any numbers yourself. Sure I could say 'about three fiddy' but that answer would be even less useful than my previous ones. Starting an even moderately successful business from scratch requires a lot of research and work. Sure there are cases of wonderful cooks who wing it and luck out and hit gold because of some great review or whatever but those are very rare exceptions. Many starting businesses just crash and burn and become a money pit so deep you wouldn't believe, trust me, I've seen it happen with my aunt and uncle and they built a great bar etc but people just wouldn't come, most probably because they opened a live music blues bar in an area where young people just come to get hammered. Same thing a block next to them, was a golf buddy of my father's, dude was literally at or about a millionaire but he decided to open a golf theme bar in a very expensive premium location. Long story short, golf is way less popular than he thought it was and he is no longer a millionaire.

Just a small selection of anecdotal evidence but mind you, these people actually had capital and a business plan (albeit a flawed one). You seem to have neither.

There was a hipster hotdog place that opened in philly in 2012. They were decent, but they only lasted four years. I don't know how you can make a living selling hotdogs.

>>18284165
You gotta have a gimmick honestly, Gimmicks are what sells. SURE you can be just "The Chicken Shack" and sell fried chicken out of a gas station. But the guy across the street with "Chicken Circus" where he does the same thing except the theme is clowns and elephants and circus music and shit is going to always be more popular.

We were thinking me serving dog, Gf making logos on face(she's a makeup artist) we travel were the money is.

>>18284043
I'm in san fran and one dog could go for 7-8 dollars easily, 10 if you use "artisinal ingredients"

>>18284043
If you’re Gordon Ramsay, you can charge $15 for a literal $3 Sabrett NYC streetcart hotdog, topped with things that said cart would give you for free anyway.

>>18284043
Looks bad Todd
Also. Definitely not sustainable

The general rule is to add up the cost of the raw ingredients and times it by 3. Start there and then decide if you can charge more or need to lower the price.

>>18284489
don't forget your time

>>18284043
More about location... hot dog stands will sell bo matter what as long as the location is good.

>>18284043
Take the price it costs to make and double it. A hot dog with the dressings costs about $3 in supplies to make, so charge a rounded $5 for it. The convenience of needing only a single bill is a marketing angle far too few businesses take advantage of.

>>18284507
The "times three" covers labor costs and overhead. The owner makes whatever margin is left over and isn't included in "labor".

>>18284522
LOL! you'll never be a successful business person

>>18284527
I would never want to open my own restaurant. I'm just explaining how they operate in real life.

>>18284534
>I would never want to open my own restaurant
I know. you've already demonstrated you don't know shit about running a business.

>>18284539
You've never worked in a restaurant. We get it.

>>18284541
point out where I said I did

>>18284555
You were laughing at me, personally, for explaining how the restaurant business works. And now you're admitting you were just making up an alternate story in your head that has absolutely no basis in reality.

>>18284567
you've already demonstrated you don't know shit about running a business

>>18284584
You keep repeating that but haven't said why anything I said was incorrect.

>>18284591
>don't forget your time

>>18284595
You're the fucking business owner in this scenario, you retard. Everything you do is to make the business successful, and when the business is successful you make more money. The time you put in doesn't get figured into the business costs. They are the profits. If you aren't making enough money at the end of the day to justify the amount of time you put in then you can decide whether or not you want to continue the business. You can't just ask your boss for a raise. God you're stupid.

>>18284605
>The time you put in doesn't get figured into the business costs
do you work for free?
I told you that you've demonstrated you don't know shit about running a business

>>18284616
>do you work for free?
Most restaurants don't turn a profit for the first year or two, so yeah, you do essentially "work for free", or take so little that you're basically working for less than minimum wage. Once again you've demonstrated how little you know about the restaurant industry. I'd have thought this would basically be common knowledge here.

>>18284637
moving the goalposts
you don't know shit about anything. either that, or you're a really bad troll.

>>18284644
How did I move the goalposts? I said from the beginning that profits and labor costs are two separate things. That's all I've been saying this entire time.
>troll
Look in the mirror, buddy.

>>18284649
>I said from the beginning that profits and labor costs are two separate things
no you didn't. you're not a shitty troll..you're just unbelievably stupid. :)

>>18284659
>>18284522

>>18284665
yep. you don't know shit about running a business

>>18284043
Beer come with it?

>>18284679
That doesn't even have anything to do with knowing how to run a business. Those are literally how the terms are defined. Just because the owner works doesn't mean that the profits he makes and the checks he writes himself get factored into the labor costs. Holy shit you're stupid.

Ehy not hire some mexican to sell and then bkackmail him with the ICE? Next the mexican can be a sort of a pimp for young mexican girls you keep captive, he can sell calling cards, fix people woth stuff and sell hot dogs

>>18284698
clearly you've never owned a business or known anyone who has

>>18284741
And you've never had a job.

>>18284043
Is that all beef dog?

>>18284751
attack me all you like. it doesn't change the fact that you've never owned a business or know/known anyone who does/has. :)

>>18284762
>you've never owned a business!
>well you sound like you've never even had a job
>stop attacking me!
I don't know, anon. I think I'd rather listen to the guy who's worked in the industry and knows the ins and outs over some kid who thinks he's a future businessman but has never worked a day in his life.

>>18284637
This. But don't bother, he'll never start a business in the first place and if he does, he'll fail miserably. There's no use explaining this to someone who just thinks he'll wing it and succeed. It's like explaining how to build a car to someone who has never even driven one

>>18284776
KEK. keep attacking me. it still won't cover the fact you don't know shit about running a business. :)

>>18284792
Can you just kill yourself already retard

>>18284790
Yeah, I don't even know why I argue with trolls sometimes. They just keep repeating the same thing to get you to reply and when you finally get bored and leave they'll feel all self-satisfied and empty inside imagining that today they made someone seethe.

>>18284800
I didn't mean to upset you. sorry for that. just pointing out that you don't know shit about running a business.

>>18284043
according to the restaurant impossible guy you figure out exactly what the ingredients cost to make one of them then charge 3x that amount.

>>18284043
About tree fiddy

>>18284052
/thread
>>18284043
>bizznez
You will be out of "bizznez" within a week, you are far too retarded to run any form of business.