INTRODUCTION Snowie™, owned by Carl and Gordon Rupp, is a company that provides training, equipment, and supplies for operating a shaved ice business. Shaved ice is an ice-based refreshment made by shaving a block of ice into a fluffy, snow-like ice. The product is served in cups with flavored syrups added to the ice. Due to its fine texture, shaved ice absorbs the syrup, making each bite flavorful. Snowie does not sell franchises. It sells a wide array of equipment and supplies, including ice shavers, kiosks, carts, buses, syrups, cups, and other supplies to independent operators. PART 3: BUDGETING FOR A SNOWIE BUSINESS Now assume the Snowie supplier increases the cost of a gallon of the Snowie syrup to US$8.00 (from its original cost of US$4.25). In response, you increase the selling price of a large Snowie to US$5.00. What other factors should you consider before deciding to start a Snowie business? What other factors should you consider before deciding to start a Snowie business?
INTRODUCTION
Snowie™, owned by Carl and Gordon Rupp, is a company
that provides training, equipment, and supplies for operating
a shaved ice business. Shaved ice is an ice-based refreshment
made by shaving a block of ice into a fluffy, snow-like ice.
The product is served in cups with flavored syrups added to
the ice. Due to its fine texture, shaved ice absorbs the syrup,
making each bite flavorful. Snowie does not sell franchises.
It sells a wide array of equipment and supplies, including ice
shavers, kiosks, carts, buses, syrups, cups, and other supplies
to independent operators.
PART 3: BUDGETING FOR A SNOWIE BUSINESS
Now assume the Snowie supplier increases the cost of a
gallon of the Snowie syrup to US$8.00 (from its original cost
of US$4.25). In response, you increase the selling price of a
large Snowie to US$5.00.
What other factors should you consider before deciding
to start a Snowie business?
What other factors should you consider before deciding
to start a Snowie business?
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