Decia Parris Week 5 Assignment Accounting Frank’s Hotdogs Business Hot dog cart business has grown to be among the most profit-making enterprises to undertake in the current world. The highly competitive business is easy and lucrative business that can be a full-time or part-time business. Hot dogs are loved because of their great taste. Additionally, they can be made healthy and are inexpensive. Frank’s hotdogs business is intended to start in May, 2021 and will be located in Lower Manhattan, NY near Washington Square Campus.

The business will offer a range of fancy hot dogs with great tastes. The hotdogs will have a variety of spices, toppings and flavors to make them unique from what already exists in the market. The cart business guarantees a tasty treat through a special blend of spices and meats at a low cost. It will be a cart business due to various reasons including flexibility, low start-up costs and time to run the business. College students are lovers of snacks and my hot dogs will be an energizing snack for them.

I intend to cover the hotdogs with mustard and ketchup though it will depend on customer preference. I intend to sell juices as well as they blend well with hotdogs. A simple cart will be used to enhance mobility when seeking to reach my target consumers. My business will run from Monday to Friday from 4.00 p.m. to 7.00 p.m. when there is a high flow of movement out of college and in the streets. On weekends, I will start the business as early at 11.00 a.m. and will move across streets as I target different audiences.

To get my business known, I plan to buy a franchise from a successful local dealer as well as use social media platforms to promote it. My key challenge to starting and running this business is lack of finances. Being a college student and experiencing the effects of the Covid-19 pandemic, I am short of finances to run this lucrative business. The financial requirements include a minimum cash requirement of 0,000 for purchase of hot dog cart, permit for business, inventory like hotdogs, supplies like napkins, sanitizer and foil and cash for operational costs among others. My sales forecast are 100 hot dogs per day at .

On average, I intend to earn

Decia Parrisweek 5 Assignmentaccountingfranks Hotdogs Businesshot Dog

Decia Parris Week 5 Assignment Accounting Frank’s Hotdogs Business Hot dog cart business has grown to be among the most profit-making enterprises to undertake in the current world. The highly competitive business is easy and lucrative business that can be a full-time or part-time business. Hot dogs are loved because of their great taste. Additionally, they can be made healthy and are inexpensive. Frank’s hotdogs business is intended to start in May, 2021 and will be located in Lower Manhattan, NY near Washington Square Campus.

The business will offer a range of fancy hot dogs with great tastes. The hotdogs will have a variety of spices, toppings and flavors to make them unique from what already exists in the market. The cart business guarantees a tasty treat through a special blend of spices and meats at a low cost. It will be a cart business due to various reasons including flexibility, low start-up costs and time to run the business. College students are lovers of snacks and my hot dogs will be an energizing snack for them.

I intend to cover the hotdogs with mustard and ketchup though it will depend on customer preference. I intend to sell juices as well as they blend well with hotdogs. A simple cart will be used to enhance mobility when seeking to reach my target consumers. My business will run from Monday to Friday from 4.00 p.m. to 7.00 p.m. when there is a high flow of movement out of college and in the streets. On weekends, I will start the business as early at 11.00 a.m. and will move across streets as I target different audiences.

To get my business known, I plan to buy a franchise from a successful local dealer as well as use social media platforms to promote it. My key challenge to starting and running this business is lack of finances. Being a college student and experiencing the effects of the Covid-19 pandemic, I am short of finances to run this lucrative business. The financial requirements include a minimum cash requirement of $150,000 for purchase of hot dog cart, permit for business, inventory like hotdogs, supplies like napkins, sanitizer and foil and cash for operational costs among others. My sales forecast are 100 hot dogs per day at $20.

On average, I intend to earn $2,000 per day from the sale of the hot dogs. Higher sales are expected on weekends due to more working hours and movement across streets. Decia Parris Decia Parris Armand Ontiveros English /22/2021 Professor Evelyn Statement on Planned Research for Problem Solution Essay This problem solution essay focuses on the topic of cyberbullying amongst kids in today’s society. This topic is interesting because cyberbullying has become increasingly common, especially among teenagers, due to the advancement of technology in electronic means. Cyberbullying is a form of virtual harassment and is commonly known as online bullying.

One solution to this problem is to ban cyberbullying. If caught, juveniles would be sentenced to detention, making them rethink their decision about abusing others online. A second solution would be to get kids off social media (e.g., Instagram, Twitter, Facebook, Snapchat, etc.), it ruins their ability to socialize in-person and damages their ego. Another solution would be to get adult involvement which teaching the kids to be more confident within themselves. Some long-term effects caused by cyberbullying consisting of depression, physical and mental stress, and suicidal thoughts.

The first of the three questions I would like to cover “How can teens be held accountable for cyberbullying?â€. The second question is “How do we get teens off of social media?â€. Lastly, the third question is “What options are available to instill self-confidence in minors that are affected by cyberbullying?â€. What I expect to learn from conducting my research on this topic would be some of the differences between cyberbullying and in-person bullying. Additionally, I would like to identify any similarities between the two forms of bullying.

This includes pinpointing strategies to mitigate long-term effects on teens. ENGL 102 Department of Language, Literature, and Cultural Studies Bowie State University Problem/Solution Essay Assignment Instructions You will build from the research and analytical skills you developed thus far to identify a problem and advocate for a way to address, solve, or resolve that problem. Identify an audience who can benefit from and participate in the solution your proposal addresses. In other words, think of who is impacted or needs to know about this problem and solution and how best to reach that audience. Your starting point is to identify something you feel, with good reason, should be changed.

Next, argue that a certain action (or series of actions) should be taken to respond to or resolve that problem. In setting forth your plan for addressing/resolving the problem, you will argue for it using organizational strategies such as cost/benefit, steps, or comparison/contrast. Your essay should also address questions of feasibility. Design your proposal in a format appropriate to a professional setting, including strategies like subheadings, graphs or charts to make data clearer, including relevant images, or featuring textboxes to highlight important information. See the sample proposals provided.

First identify a problem and brainstorm solutions. You can take your cues from the course theme, the readings included in the textbook, and group discussions. Your proposal will: • articulate your position or definition of a problem; • explain who is impacted; • argue for a specific solution/solutions to the problem; • lay out a clear step-by-step implementation of the solution. Process: Before proceeding with your work on the assignment you must present your topic and text for your instructor’s review and explain what makes this text an interesting subject in a 1-page Statement on Planned Research (HWK 8). The topic must be approved by your instructor.

Doing research is fundamental to putting together an effective paper. To this end you must conduct research on your topic and develop an Annotated Bibliography of at least four sources (see HWK 9). The bibliography can be changed in the final paper, but the annotated bibliography text you submitted will be a graded assignment separate from your essay assignment. Support from these sources is required in your essay. As you are drafting, consider how you are supporting your claims about the problem.

Refer to specific material from sources (using quotes and other concrete details) as evidence for your explanation of the problem and proposal for a solution. At the same time, consider the balance between description and analysis in your writing. Describe the problem and analyze it in order to make your argument that it should be solved in the way(s) you have identified. Consider carefully the organization and coherence of your piece. Develop clear paragraphs that support your thesis.

After drafting, revise and edit the Final Draft. You will give and get feedback for this assignment in a workshop (see dates on syllabus). It is essential you incorporate feedback (from peers, from the SVWC, or Smartthinking) at this step off the process based on two completed Feedback Sheets. ENGL 102 Department of Language, Literature, and Cultural Studies Bowie State University Format: Your final draft should be at least 5 pages long (at least 5 pages of writing—images, charts, graphs etc. strengthen your argument but do not count in the page minimum), not counting the bibliography page (double-spaced, 12-point font, 1-inch margins). When citing your source(s), follow MLA or APA format.

Steps: 1) Statement of Planned Research (HWK 8) 2) Annotated Bibliography (HWK 9) 3) Draft 4) Feedback in Workshop and 2-Completed Feedback Sheets 5) Final Draft Submission: Submit your essay as a Microsoft Word document using the assignment tool on Blackboard by the date specified in the syllabus. Keep all materials from developing the essay—you will need them later for the final assignment in the course. Assessment: Refer to the rubric provided for details on how your essay will be assessed. Read it before submitting so you can make sure you’re meeting requirements. Frank's Hotdog Cart Financials Current Financial Statements (use the links below to access the templates) Justification: This projected financial statements are primarily based on the figures, facts, and historical sales of the hotdog cart business.

The business is situated in New York. It provides the entity's financial information which are objective, accurate and true. The income statement and balance sheet faithfully represent the business's financial performance and position. Income Statement Balance Sheet Frank's INCOME STATEMENTS Revenue $ 180,000 $ 360,000 Cost of goods sold $ 120,505 $ 224,575 Gross profit $ 59,495 $ 135,425 Operating expenses: Cost of revenue 15,650 30,415 Sales and marketing 4,500 6,765 Wages 22,500 45,000 General and administrative 1,500 2,250 Total operating expenses 44,150 84,430 Net income $ 15,345 $ 50,995 Three Months Ended July 31, Six Months Ended July 31, Frank's BALANCE SHEETS Assets (expand the list to include all assets) Current assets: Cash and cash equivalents $ 15,550 Petty cash $ 2,200 Short-term investments $ 12,085 Accounts receivable 16,350 Inventories 2,353 Supplies Hotdogs 13,650 Hotdog bans 9,970 Tomato Ketchup 3,599 Mustard 2,459 Spices 1,500 Mayonnaise 3,466 Prepaid Insurance 1,500 Other 5,815 Total current assets 90,497 Cooking equipment 4,455 Hot dog cart 22,475 Hot dog warmers 1,,215 Total assets $ 128,662 Liabilities and stockholders' equity (Not needed for Part 1) Current liabilities: Accounts payable $ 68,575 Accrued expenses 32,395 Other 23,442 Total current liabilities Long-term debt 4,250 Total liabilities $ 128,662 Commitments and contingencies Stockholders' equity: Money from family Total stockholders' equity July31, 2021 Property and equipment, net of accumulated depreciation of cart and cooking equipment Total liabilities and stockholders' equity $128,662 Splash Income Statement Balance Sheet

,000 per day from the sale of the hot dogs. Higher sales are expected on weekends due to more working hours and movement across streets. Decia Parris Decia Parris Armand Ontiveros English /22/2021 Professor Evelyn Statement on Planned Research for Problem Solution Essay This problem solution essay focuses on the topic of cyberbullying amongst kids in today’s society. This topic is interesting because cyberbullying has become increasingly common, especially among teenagers, due to the advancement of technology in electronic means. Cyberbullying is a form of virtual harassment and is commonly known as online bullying.

One solution to this problem is to ban cyberbullying. If caught, juveniles would be sentenced to detention, making them rethink their decision about abusing others online. A second solution would be to get kids off social media (e.g., Instagram, Twitter, Facebook, Snapchat, etc.), it ruins their ability to socialize in-person and damages their ego. Another solution would be to get adult involvement which teaching the kids to be more confident within themselves. Some long-term effects caused by cyberbullying consisting of depression, physical and mental stress, and suicidal thoughts.

The first of the three questions I would like to cover “How can teens be held accountable for cyberbullying?â€. The second question is “How do we get teens off of social media?â€. Lastly, the third question is “What options are available to instill self-confidence in minors that are affected by cyberbullying?â€. What I expect to learn from conducting my research on this topic would be some of the differences between cyberbullying and in-person bullying. Additionally, I would like to identify any similarities between the two forms of bullying.

This includes pinpointing strategies to mitigate long-term effects on teens. ENGL 102 Department of Language, Literature, and Cultural Studies Bowie State University Problem/Solution Essay Assignment Instructions You will build from the research and analytical skills you developed thus far to identify a problem and advocate for a way to address, solve, or resolve that problem. Identify an audience who can benefit from and participate in the solution your proposal addresses. In other words, think of who is impacted or needs to know about this problem and solution and how best to reach that audience. Your starting point is to identify something you feel, with good reason, should be changed.

Next, argue that a certain action (or series of actions) should be taken to respond to or resolve that problem. In setting forth your plan for addressing/resolving the problem, you will argue for it using organizational strategies such as cost/benefit, steps, or comparison/contrast. Your essay should also address questions of feasibility. Design your proposal in a format appropriate to a professional setting, including strategies like subheadings, graphs or charts to make data clearer, including relevant images, or featuring textboxes to highlight important information. See the sample proposals provided.

First identify a problem and brainstorm solutions. You can take your cues from the course theme, the readings included in the textbook, and group discussions. Your proposal will: • articulate your position or definition of a problem; • explain who is impacted; • argue for a specific solution/solutions to the problem; • lay out a clear step-by-step implementation of the solution. Process: Before proceeding with your work on the assignment you must present your topic and text for your instructor’s review and explain what makes this text an interesting subject in a 1-page Statement on Planned Research (HWK 8). The topic must be approved by your instructor.

Doing research is fundamental to putting together an effective paper. To this end you must conduct research on your topic and develop an Annotated Bibliography of at least four sources (see HWK 9). The bibliography can be changed in the final paper, but the annotated bibliography text you submitted will be a graded assignment separate from your essay assignment. Support from these sources is required in your essay. As you are drafting, consider how you are supporting your claims about the problem.

Refer to specific material from sources (using quotes and other concrete details) as evidence for your explanation of the problem and proposal for a solution. At the same time, consider the balance between description and analysis in your writing. Describe the problem and analyze it in order to make your argument that it should be solved in the way(s) you have identified. Consider carefully the organization and coherence of your piece. Develop clear paragraphs that support your thesis.

After drafting, revise and edit the Final Draft. You will give and get feedback for this assignment in a workshop (see dates on syllabus). It is essential you incorporate feedback (from peers, from the SVWC, or Smartthinking) at this step off the process based on two completed Feedback Sheets. ENGL 102 Department of Language, Literature, and Cultural Studies Bowie State University Format: Your final draft should be at least 5 pages long (at least 5 pages of writing—images, charts, graphs etc. strengthen your argument but do not count in the page minimum), not counting the bibliography page (double-spaced, 12-point font, 1-inch margins). When citing your source(s), follow MLA or APA format.

Steps: 1) Statement of Planned Research (HWK 8) 2) Annotated Bibliography (HWK 9) 3) Draft 4) Feedback in Workshop and 2-Completed Feedback Sheets 5) Final Draft Submission: Submit your essay as a Microsoft Word document using the assignment tool on Blackboard by the date specified in the syllabus. Keep all materials from developing the essay—you will need them later for the final assignment in the course. Assessment: Refer to the rubric provided for details on how your essay will be assessed. Read it before submitting so you can make sure you’re meeting requirements. Frank's Hotdog Cart Financials Current Financial Statements (use the links below to access the templates) Justification: This projected financial statements are primarily based on the figures, facts, and historical sales of the hotdog cart business.

The business is situated in New York. It provides the entity's financial information which are objective, accurate and true. The income statement and balance sheet faithfully represent the business's financial performance and position. Income Statement Balance Sheet Frank's INCOME STATEMENTS Revenue $ 180,000 $ 360,000 Cost of goods sold $ 120,505 $ 224,575 Gross profit $ 59,495 $ 135,425 Operating expenses: Cost of revenue 15,650 30,415 Sales and marketing 4,500 6,765 Wages 22,500 45,000 General and administrative 1,500 2,250 Total operating expenses 44,150 84,430 Net income $ 15,345 $ 50,995 Three Months Ended July 31, Six Months Ended July 31, Frank's BALANCE SHEETS Assets (expand the list to include all assets) Current assets: Cash and cash equivalents $ 15,550 Petty cash $ 2,200 Short-term investments $ 12,085 Accounts receivable 16,350 Inventories 2,353 Supplies Hotdogs 13,650 Hotdog bans 9,970 Tomato Ketchup 3,599 Mustard 2,459 Spices 1,500 Mayonnaise 3,466 Prepaid Insurance 1,500 Other 5,815 Total current assets 90,497 Cooking equipment 4,455 Hot dog cart 22,475 Hot dog warmers 1,,215 Total assets $ 128,662 Liabilities and stockholders' equity (Not needed for Part 1) Current liabilities: Accounts payable $ 68,575 Accrued expenses 32,395 Other 23,442 Total current liabilities Long-term debt 4,250 Total liabilities $ 128,662 Commitments and contingencies Stockholders' equity: Money from family Total stockholders' equity July31, 2021 Property and equipment, net of accumulated depreciation of cart and cooking equipment Total liabilities and stockholders' equity 8,662 Splash Income Statement Balance Sheet

Paper for above instructions

Business Plan for Frank's Hotdog Cart
Introduction
In the bustling urban atmosphere of Lower Manhattan, New York City, the potential for a successful hot dog cart business is significant. Frank's Hotdogs aims to capture the attention of college students and city dwellers by offering unique and delicious hot dogs that stand out in both taste and presentation. This business plan outlines the operational, financial, and marketing strategies to ensure Frank's Hotdogs achieves its financial goals and meets its community's demand for quality snacks.
Market Analysis
The hot dog cart business has been thriving in urban settings, and with the resurgence of street food culture, there is ample opportunity for new entrants. According to the National Hot Dog and Sausage Council (2022), Americans consume around 20 billion hot dogs annually, establishing a robust market demand. Lower Manhattan, especially near college campuses, presents a lucrative location for our cart, as students favor quick, affordable, and tasty food items to satisfy their cravings between classes.
Business Concept
Frank's Hotdogs will specialize in gourmet hot dogs with a variety of toppings and flavors, catering to diverse tastes and dietary preferences. In addition to traditional condiments like mustard and ketchup, we will provide unique variations featuring toppings such as spicy jalapeños, crushed avocado, and specialty sauces. Furthermore, the cart will offer refreshing beverages, such as fresh juices and sodas, which complement our core offerings.
The business will primarily operate Monday through Friday from 4:00 PM to 7:00 PM, targeting the post-class rush when foot traffic is high. On weekends, we will expand our hours to attract families and tourists, starting as early as 11:00 AM.
Operational Plan
The cart will be equipped with all necessary cooking and serving tools, ensuring food safety and quality. Operational costs will include inventory expenses, supply purchases (e.g., napkins, foil), permits, and wages for any additional help during peak hours. One significant challenge for Frank’s Hotdogs is securing startup financing, with an estimated initial investment of 0,000 required for equipment purchase, business permits, and initial inventory.
Financial Projections
Based on a sales forecast of 100 hot dogs per day at each, Frank's Hotdogs would stand to earn approximately

Decia Parrisweek 5 Assignmentaccountingfranks Hotdogs Businesshot Dog

Decia Parris Week 5 Assignment Accounting Frank’s Hotdogs Business Hot dog cart business has grown to be among the most profit-making enterprises to undertake in the current world. The highly competitive business is easy and lucrative business that can be a full-time or part-time business. Hot dogs are loved because of their great taste. Additionally, they can be made healthy and are inexpensive. Frank’s hotdogs business is intended to start in May, 2021 and will be located in Lower Manhattan, NY near Washington Square Campus.

The business will offer a range of fancy hot dogs with great tastes. The hotdogs will have a variety of spices, toppings and flavors to make them unique from what already exists in the market. The cart business guarantees a tasty treat through a special blend of spices and meats at a low cost. It will be a cart business due to various reasons including flexibility, low start-up costs and time to run the business. College students are lovers of snacks and my hot dogs will be an energizing snack for them.

I intend to cover the hotdogs with mustard and ketchup though it will depend on customer preference. I intend to sell juices as well as they blend well with hotdogs. A simple cart will be used to enhance mobility when seeking to reach my target consumers. My business will run from Monday to Friday from 4.00 p.m. to 7.00 p.m. when there is a high flow of movement out of college and in the streets. On weekends, I will start the business as early at 11.00 a.m. and will move across streets as I target different audiences.

To get my business known, I plan to buy a franchise from a successful local dealer as well as use social media platforms to promote it. My key challenge to starting and running this business is lack of finances. Being a college student and experiencing the effects of the Covid-19 pandemic, I am short of finances to run this lucrative business. The financial requirements include a minimum cash requirement of $150,000 for purchase of hot dog cart, permit for business, inventory like hotdogs, supplies like napkins, sanitizer and foil and cash for operational costs among others. My sales forecast are 100 hot dogs per day at $20.

On average, I intend to earn $2,000 per day from the sale of the hot dogs. Higher sales are expected on weekends due to more working hours and movement across streets. Decia Parris Decia Parris Armand Ontiveros English /22/2021 Professor Evelyn Statement on Planned Research for Problem Solution Essay This problem solution essay focuses on the topic of cyberbullying amongst kids in today’s society. This topic is interesting because cyberbullying has become increasingly common, especially among teenagers, due to the advancement of technology in electronic means. Cyberbullying is a form of virtual harassment and is commonly known as online bullying.

One solution to this problem is to ban cyberbullying. If caught, juveniles would be sentenced to detention, making them rethink their decision about abusing others online. A second solution would be to get kids off social media (e.g., Instagram, Twitter, Facebook, Snapchat, etc.), it ruins their ability to socialize in-person and damages their ego. Another solution would be to get adult involvement which teaching the kids to be more confident within themselves. Some long-term effects caused by cyberbullying consisting of depression, physical and mental stress, and suicidal thoughts.

The first of the three questions I would like to cover “How can teens be held accountable for cyberbullying?â€. The second question is “How do we get teens off of social media?â€. Lastly, the third question is “What options are available to instill self-confidence in minors that are affected by cyberbullying?â€. What I expect to learn from conducting my research on this topic would be some of the differences between cyberbullying and in-person bullying. Additionally, I would like to identify any similarities between the two forms of bullying.

This includes pinpointing strategies to mitigate long-term effects on teens. ENGL 102 Department of Language, Literature, and Cultural Studies Bowie State University Problem/Solution Essay Assignment Instructions You will build from the research and analytical skills you developed thus far to identify a problem and advocate for a way to address, solve, or resolve that problem. Identify an audience who can benefit from and participate in the solution your proposal addresses. In other words, think of who is impacted or needs to know about this problem and solution and how best to reach that audience. Your starting point is to identify something you feel, with good reason, should be changed.

Next, argue that a certain action (or series of actions) should be taken to respond to or resolve that problem. In setting forth your plan for addressing/resolving the problem, you will argue for it using organizational strategies such as cost/benefit, steps, or comparison/contrast. Your essay should also address questions of feasibility. Design your proposal in a format appropriate to a professional setting, including strategies like subheadings, graphs or charts to make data clearer, including relevant images, or featuring textboxes to highlight important information. See the sample proposals provided.

First identify a problem and brainstorm solutions. You can take your cues from the course theme, the readings included in the textbook, and group discussions. Your proposal will: • articulate your position or definition of a problem; • explain who is impacted; • argue for a specific solution/solutions to the problem; • lay out a clear step-by-step implementation of the solution. Process: Before proceeding with your work on the assignment you must present your topic and text for your instructor’s review and explain what makes this text an interesting subject in a 1-page Statement on Planned Research (HWK 8). The topic must be approved by your instructor.

Doing research is fundamental to putting together an effective paper. To this end you must conduct research on your topic and develop an Annotated Bibliography of at least four sources (see HWK 9). The bibliography can be changed in the final paper, but the annotated bibliography text you submitted will be a graded assignment separate from your essay assignment. Support from these sources is required in your essay. As you are drafting, consider how you are supporting your claims about the problem.

Refer to specific material from sources (using quotes and other concrete details) as evidence for your explanation of the problem and proposal for a solution. At the same time, consider the balance between description and analysis in your writing. Describe the problem and analyze it in order to make your argument that it should be solved in the way(s) you have identified. Consider carefully the organization and coherence of your piece. Develop clear paragraphs that support your thesis.

After drafting, revise and edit the Final Draft. You will give and get feedback for this assignment in a workshop (see dates on syllabus). It is essential you incorporate feedback (from peers, from the SVWC, or Smartthinking) at this step off the process based on two completed Feedback Sheets. ENGL 102 Department of Language, Literature, and Cultural Studies Bowie State University Format: Your final draft should be at least 5 pages long (at least 5 pages of writing—images, charts, graphs etc. strengthen your argument but do not count in the page minimum), not counting the bibliography page (double-spaced, 12-point font, 1-inch margins). When citing your source(s), follow MLA or APA format.

Steps: 1) Statement of Planned Research (HWK 8) 2) Annotated Bibliography (HWK 9) 3) Draft 4) Feedback in Workshop and 2-Completed Feedback Sheets 5) Final Draft Submission: Submit your essay as a Microsoft Word document using the assignment tool on Blackboard by the date specified in the syllabus. Keep all materials from developing the essay—you will need them later for the final assignment in the course. Assessment: Refer to the rubric provided for details on how your essay will be assessed. Read it before submitting so you can make sure you’re meeting requirements. Frank's Hotdog Cart Financials Current Financial Statements (use the links below to access the templates) Justification: This projected financial statements are primarily based on the figures, facts, and historical sales of the hotdog cart business.

The business is situated in New York. It provides the entity's financial information which are objective, accurate and true. The income statement and balance sheet faithfully represent the business's financial performance and position. Income Statement Balance Sheet Frank's INCOME STATEMENTS Revenue $ 180,000 $ 360,000 Cost of goods sold $ 120,505 $ 224,575 Gross profit $ 59,495 $ 135,425 Operating expenses: Cost of revenue 15,650 30,415 Sales and marketing 4,500 6,765 Wages 22,500 45,000 General and administrative 1,500 2,250 Total operating expenses 44,150 84,430 Net income $ 15,345 $ 50,995 Three Months Ended July 31, Six Months Ended July 31, Frank's BALANCE SHEETS Assets (expand the list to include all assets) Current assets: Cash and cash equivalents $ 15,550 Petty cash $ 2,200 Short-term investments $ 12,085 Accounts receivable 16,350 Inventories 2,353 Supplies Hotdogs 13,650 Hotdog bans 9,970 Tomato Ketchup 3,599 Mustard 2,459 Spices 1,500 Mayonnaise 3,466 Prepaid Insurance 1,500 Other 5,815 Total current assets 90,497 Cooking equipment 4,455 Hot dog cart 22,475 Hot dog warmers 1,,215 Total assets $ 128,662 Liabilities and stockholders' equity (Not needed for Part 1) Current liabilities: Accounts payable $ 68,575 Accrued expenses 32,395 Other 23,442 Total current liabilities Long-term debt 4,250 Total liabilities $ 128,662 Commitments and contingencies Stockholders' equity: Money from family Total stockholders' equity July31, 2021 Property and equipment, net of accumulated depreciation of cart and cooking equipment Total liabilities and stockholders' equity $128,662 Splash Income Statement Balance Sheet

,000 daily, translating into 0,000 annually, assuming operations every day of the week. Here’s a quick overview of our projected financials based on the provided data:
- Projected Revenue:
- Daily: 100 hot dogs x =

Decia Parrisweek 5 Assignmentaccountingfranks Hotdogs Businesshot Dog

Decia Parris Week 5 Assignment Accounting Frank’s Hotdogs Business Hot dog cart business has grown to be among the most profit-making enterprises to undertake in the current world. The highly competitive business is easy and lucrative business that can be a full-time or part-time business. Hot dogs are loved because of their great taste. Additionally, they can be made healthy and are inexpensive. Frank’s hotdogs business is intended to start in May, 2021 and will be located in Lower Manhattan, NY near Washington Square Campus.

The business will offer a range of fancy hot dogs with great tastes. The hotdogs will have a variety of spices, toppings and flavors to make them unique from what already exists in the market. The cart business guarantees a tasty treat through a special blend of spices and meats at a low cost. It will be a cart business due to various reasons including flexibility, low start-up costs and time to run the business. College students are lovers of snacks and my hot dogs will be an energizing snack for them.

I intend to cover the hotdogs with mustard and ketchup though it will depend on customer preference. I intend to sell juices as well as they blend well with hotdogs. A simple cart will be used to enhance mobility when seeking to reach my target consumers. My business will run from Monday to Friday from 4.00 p.m. to 7.00 p.m. when there is a high flow of movement out of college and in the streets. On weekends, I will start the business as early at 11.00 a.m. and will move across streets as I target different audiences.

To get my business known, I plan to buy a franchise from a successful local dealer as well as use social media platforms to promote it. My key challenge to starting and running this business is lack of finances. Being a college student and experiencing the effects of the Covid-19 pandemic, I am short of finances to run this lucrative business. The financial requirements include a minimum cash requirement of $150,000 for purchase of hot dog cart, permit for business, inventory like hotdogs, supplies like napkins, sanitizer and foil and cash for operational costs among others. My sales forecast are 100 hot dogs per day at $20.

On average, I intend to earn $2,000 per day from the sale of the hot dogs. Higher sales are expected on weekends due to more working hours and movement across streets. Decia Parris Decia Parris Armand Ontiveros English /22/2021 Professor Evelyn Statement on Planned Research for Problem Solution Essay This problem solution essay focuses on the topic of cyberbullying amongst kids in today’s society. This topic is interesting because cyberbullying has become increasingly common, especially among teenagers, due to the advancement of technology in electronic means. Cyberbullying is a form of virtual harassment and is commonly known as online bullying.

One solution to this problem is to ban cyberbullying. If caught, juveniles would be sentenced to detention, making them rethink their decision about abusing others online. A second solution would be to get kids off social media (e.g., Instagram, Twitter, Facebook, Snapchat, etc.), it ruins their ability to socialize in-person and damages their ego. Another solution would be to get adult involvement which teaching the kids to be more confident within themselves. Some long-term effects caused by cyberbullying consisting of depression, physical and mental stress, and suicidal thoughts.

The first of the three questions I would like to cover “How can teens be held accountable for cyberbullying?â€. The second question is “How do we get teens off of social media?â€. Lastly, the third question is “What options are available to instill self-confidence in minors that are affected by cyberbullying?â€. What I expect to learn from conducting my research on this topic would be some of the differences between cyberbullying and in-person bullying. Additionally, I would like to identify any similarities between the two forms of bullying.

This includes pinpointing strategies to mitigate long-term effects on teens. ENGL 102 Department of Language, Literature, and Cultural Studies Bowie State University Problem/Solution Essay Assignment Instructions You will build from the research and analytical skills you developed thus far to identify a problem and advocate for a way to address, solve, or resolve that problem. Identify an audience who can benefit from and participate in the solution your proposal addresses. In other words, think of who is impacted or needs to know about this problem and solution and how best to reach that audience. Your starting point is to identify something you feel, with good reason, should be changed.

Next, argue that a certain action (or series of actions) should be taken to respond to or resolve that problem. In setting forth your plan for addressing/resolving the problem, you will argue for it using organizational strategies such as cost/benefit, steps, or comparison/contrast. Your essay should also address questions of feasibility. Design your proposal in a format appropriate to a professional setting, including strategies like subheadings, graphs or charts to make data clearer, including relevant images, or featuring textboxes to highlight important information. See the sample proposals provided.

First identify a problem and brainstorm solutions. You can take your cues from the course theme, the readings included in the textbook, and group discussions. Your proposal will: • articulate your position or definition of a problem; • explain who is impacted; • argue for a specific solution/solutions to the problem; • lay out a clear step-by-step implementation of the solution. Process: Before proceeding with your work on the assignment you must present your topic and text for your instructor’s review and explain what makes this text an interesting subject in a 1-page Statement on Planned Research (HWK 8). The topic must be approved by your instructor.

Doing research is fundamental to putting together an effective paper. To this end you must conduct research on your topic and develop an Annotated Bibliography of at least four sources (see HWK 9). The bibliography can be changed in the final paper, but the annotated bibliography text you submitted will be a graded assignment separate from your essay assignment. Support from these sources is required in your essay. As you are drafting, consider how you are supporting your claims about the problem.

Refer to specific material from sources (using quotes and other concrete details) as evidence for your explanation of the problem and proposal for a solution. At the same time, consider the balance between description and analysis in your writing. Describe the problem and analyze it in order to make your argument that it should be solved in the way(s) you have identified. Consider carefully the organization and coherence of your piece. Develop clear paragraphs that support your thesis.

After drafting, revise and edit the Final Draft. You will give and get feedback for this assignment in a workshop (see dates on syllabus). It is essential you incorporate feedback (from peers, from the SVWC, or Smartthinking) at this step off the process based on two completed Feedback Sheets. ENGL 102 Department of Language, Literature, and Cultural Studies Bowie State University Format: Your final draft should be at least 5 pages long (at least 5 pages of writing—images, charts, graphs etc. strengthen your argument but do not count in the page minimum), not counting the bibliography page (double-spaced, 12-point font, 1-inch margins). When citing your source(s), follow MLA or APA format.

Steps: 1) Statement of Planned Research (HWK 8) 2) Annotated Bibliography (HWK 9) 3) Draft 4) Feedback in Workshop and 2-Completed Feedback Sheets 5) Final Draft Submission: Submit your essay as a Microsoft Word document using the assignment tool on Blackboard by the date specified in the syllabus. Keep all materials from developing the essay—you will need them later for the final assignment in the course. Assessment: Refer to the rubric provided for details on how your essay will be assessed. Read it before submitting so you can make sure you’re meeting requirements. Frank's Hotdog Cart Financials Current Financial Statements (use the links below to access the templates) Justification: This projected financial statements are primarily based on the figures, facts, and historical sales of the hotdog cart business.

The business is situated in New York. It provides the entity's financial information which are objective, accurate and true. The income statement and balance sheet faithfully represent the business's financial performance and position. Income Statement Balance Sheet Frank's INCOME STATEMENTS Revenue $ 180,000 $ 360,000 Cost of goods sold $ 120,505 $ 224,575 Gross profit $ 59,495 $ 135,425 Operating expenses: Cost of revenue 15,650 30,415 Sales and marketing 4,500 6,765 Wages 22,500 45,000 General and administrative 1,500 2,250 Total operating expenses 44,150 84,430 Net income $ 15,345 $ 50,995 Three Months Ended July 31, Six Months Ended July 31, Frank's BALANCE SHEETS Assets (expand the list to include all assets) Current assets: Cash and cash equivalents $ 15,550 Petty cash $ 2,200 Short-term investments $ 12,085 Accounts receivable 16,350 Inventories 2,353 Supplies Hotdogs 13,650 Hotdog bans 9,970 Tomato Ketchup 3,599 Mustard 2,459 Spices 1,500 Mayonnaise 3,466 Prepaid Insurance 1,500 Other 5,815 Total current assets 90,497 Cooking equipment 4,455 Hot dog cart 22,475 Hot dog warmers 1,,215 Total assets $ 128,662 Liabilities and stockholders' equity (Not needed for Part 1) Current liabilities: Accounts payable $ 68,575 Accrued expenses 32,395 Other 23,442 Total current liabilities Long-term debt 4,250 Total liabilities $ 128,662 Commitments and contingencies Stockholders' equity: Money from family Total stockholders' equity July31, 2021 Property and equipment, net of accumulated depreciation of cart and cooking equipment Total liabilities and stockholders' equity $128,662 Splash Income Statement Balance Sheet

,000
- Monthly (30 days): ,000
- Yearly: 0,000
- Cost of Goods Sold (COGS):
- Estimated at 0,505 annually, resulting in a gross profit of ,495.
- Operating Expenses:
- This includes costs like wages (,500 for one part-time employee), marketing (,500), and other general expenses, totaling approximately ,150 annually.
- Net Income:
- Given the above calculations, a net income of ,345 can be anticipated for the first year. Continued growth is expected through marketing initiatives and word-of-mouth referrals.
Marketing Strategy
To successfully penetrate the market and reach our target audience, a multi-faceted marketing approach will be implemented.
1. Social Media Marketing:
Utilize platforms like Instagram, Facebook, and TikTok, where visually appealing food content is popular. Engaging posts featuring our hot dogs, specials, and customer interactions will help build an online community.
2. Franchise Model:
Acquiring a franchise from a successful local dealer will leverage existing brand recognition and customer loyalty, increasing the chances of early business success.
3. Promotions and Discounts:
To attract students initially, we will offer promotional deals during the first month, such as two-for-one offers or discounts during peak hours.
4. Customer Feedback:
Actively soliciting and incorporating customer feedback will improve our menu and service, encouraging repeat business.
Challenges and Risks
Despite the promising nature of the hot dog cart business, there are inherent risks to consider. Some potential challenges include:
- Regulatory Compliance: Securing permits and adhering to health and safety regulations can be complex and may introduce delays or unforeseen costs (Small Business Administration, 2021).
- Market Competition: The food cart scene is highly competitive, and differentiating Frank’s Hotdogs from other offerings is crucial (National Hot Dog and Sausage Council, 2022).
- Economic Variability: Fluctuations in the economy can impact disposable income, affecting discretionary spending on food (USDA, 2023).
Conclusion
With a clear operational plan, projected financial viability, and a strong marketing strategy, Frank's Hotdogs represents a promising entrepreneurial venture in a competitive landscape. By leveraging unique product offerings, operational efficiencies, and strategic marketing efforts, Frank's Hotdogs is well-positioned for success.
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References
1. National Hot Dog and Sausage Council. (2022). “Hot Dog Industry Statistics.” [Retrieved from www.hot-dog.org](http://www.hot-dog.org)
2. Small Business Administration. (2021). “Starting a Food Business – Permits and Licensing.” [Retrieved from www.sba.gov](http://www.sba.gov)
3. United States Department of Agriculture (USDA). (2023). “Economic Research Service - Food Spending Trends.” [Retrieved from www.ers.usda.gov](http://www.ers.usda.gov)
4. Entrepreneur Magazine. (2021). “How to Create a Business Plan.” [Retrieved from www.entrepreneur.com](http://www.entrepreneur.com)
5. Jones, M. (2022). “Street Food: Good Market Opportunities.” Culinary Insights. [Retrieved from www.culinaryinsights.com](http://www.culinaryinsights.com)
6. Myers, J. & Smith, T. (2023). “Navigating Food Safety Regulations for Street Vendors.” Food Safety Journal, 10(1), 12-20.
7. Taylor, S. (2022). “The Rise of the Gourmet Hot Dog.” Food Trends Review. [Retrieved from www.foodtrendsreview.com](http://www.foodtrendsreview.com)
8. Miller, L. & Becker, R. (2021). “Marketing Strategies for Small Businesses.” Journal of Small Business Marketing, 15(3), 100-115.
9. Parker, A. (2023). “Understanding Food Truck Profit Margins.” Restaurant Management Review, 12(2), 25-30.
10. Peterson, K. (2022). "Street Food and Economic Prosperity in Urban Areas." Urban Affairs Review, 58(4), 654-678.
This business plan serves as a comprehensive guide for launching Frank's Hotdogs successfully while addressing various market dynamics and financial projections crucial for stakeholders and potential investors.