Right click each title to download it in PDF format.
“Negotiation: The Art of Getting What You Want” by Michael Schatzki.
“How to Win Friends and Influence People” by Dale Carnegie
“Think and Grow Rich” by Napoleon Hill
Questions? Comments? Leave them in the form below.
Hi:
Can you please tell me how you price the food that you sell. Is there a formula? I do not want to guess as to how much to charge the customer. Thanks, Karrie
We look to get a 70% gross profit margin on hot dogs including buns.
If your cost is .75 then charge at least $2.50 per hot dog. We usually mark it up a bit more to account for condiments and your excellent service.
Here’s the formula for a 70% margin:
Selling Price = Your Cost/.3
I hope this is helpful!
“Think And Grow Rich” Hmmmm.
One of my all time favorites. I recommend reading it once a year as a refresher.
Thanks a lot Steve.
My pleasure Kemi!
hot dog!
Hi Steve,hope all is well with you.I have a chance to do a retirement at a brewery. My friend who set us up told me a food truck wanted $1600. for 60 people. I got off the phone with her ,and she told me a food truck wanted $600 for 3 hours Friday 5-8.She just wants hot dogs onions and cheese and chili dogs. She was ok with the hot dogs I serve Nathans quarter pounders,which cost $114 for a box of 160. She thought$600 was too much. My regular dogs sell for $3 and chili dogs $4. I figure $8 a head ,most folks cant eat more than 2. Should I also charge a traveling and set up fee and an hourly fee (my time)?
Any suggestions would be greatly appreciated.Thanks for all your help in the past.
Dane/ Dane’s Dogs
Hi Dane,
I always charge a travel and set up fee. If she balks at that, back it out of your per head price. The point is to charge what you are worth. Don’t work for $2 an hour!
It’s been too long since I’ve read these titles. Now when I’m waiting at the bank to deposit my Delish Dawg earnings, I’ll have something to read! 🙂 I used to carry a book with me everywhere, now I three of the best books on my tablet! Thanks so much, Steve! Attitude is everything!
Mary, Delish Dawgs
I’d like to make a recommendation : The Richest Man In Babylon (by George S. Clason).
“Money is plentiful for those who understand the simple rules of its acquisition”.
YES! Great book. Thanks Steven.
Happy New Year to all my fellow slingers. I plan on starting my hot dog business in 4 weeks. Steve, your information has been a great place to start. I will be selling Sabrett Dogs in a town called Llano, California. Still trying to figure out what products to start with . Beef dogs(natural casing), Bratwurst and Hot links seem like a good beginning. I am not sure which size would sell the most? Any thoughts would be appreciated.
Regards,
Chris
Hi Chris, sorry I just saw this. I think your product assortment is a great place to start. Your customers will tell you what they want. Don’t be afraid to refine/change your menu as you go along. Good luck!
-Steve