Pam runs a hot dog cart at the sports stadium. Will has no skills, no job experience, and no alternative employment. Entrepreneurs in the hot dog cart business earn $16 comma 000 a year. Will pays the rent of $500 a year, and his total revenue is $21 comma 000 a year. He borrowed $500 at 15 percent a year to buy equipment. At the end of one year, Will was offered $300 for his business and all its equipment.
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Home » Business » Pam runs a hot dog cart at the sports stadium. Will has no skills, no job experience, and no alternative employment. Entrepreneurs in the hot dog cart business earn $16 comma 000 a year.