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Phase 3ip


Submitted By Tasha16
Words 1382
Pages 6
A Coffee Cart and the Economy
Natasha L.
Professor Paul Napolitano
Colorado Technical University
October 22, 2010

Owning and operating your own business can be difficult, especially in today’s economic climate. However, with the proper information and a good plan, success can become a reality. With that in mind, I have created the following report to assist our client in making their push cart business the best that it can be. Luckily, our client has told us that they would like to operate their cart year-round, as well as twelve hours a day. This information will be very useful in creating a report that looks at many different aspects of an outdoor business. In addition to the client’s chosen hours of operation, our firm has narrowed down a good location for the cart to two areas. By the end of my report, we should have provided enough information to the client for them to choose the best location for their coffee push cart. To begin, we should look at the populations of these locations, as they will dictate demand for our client’s product. After all, if the want is not there, neither is a profitable business. When we look at the two cities, we see that the population of Cleveland has been dropping by nearly 50,000 people every ten years since 1990. This is leaving Cleveland with an estimated population of only about 431,369 [ (U.S. Census Bureau, 2010) ]. Houston on the other hand, has seen a growth in population of nearly 200,000 people every year since 1990. This leaves Houston with an estimated population of 2,257,926 [ (U.S. Census Bureau, 2010) ]. Just from this information alone, we can see that Houston is our front runner in location choice. More people often translates into greater demand, and it also showcases a new business to a larger audience. However, despite the vast differences in population, we also need to consider the

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