D.c. Food Truck Operators Feel The Pinch Of A Government Shutdown
The truck had just started to break even and prove that it could become a moneymaker for the couple. But until this month, neither Jacob nor Carl had taken cash out of the business, and theyve only taken small amounts. Whats more, Carl isnt even certain he will receive back pay once the shutdown ends. Now, we really need to take money out of the business, said Carl, a resident of Mount Vernon Square. We put all of our savings into this business. Its kind of a perilous time now. On Thursday afternoon, Layth Mansour was pacing near his trucks, Philadelphia Steak Bites and Georges Buffalo Wings , which were parked on C Street SW, just outside the LEnfant Plaza Metro station. The nearby Transportation Department and Federal Aviation Administration buildings were apparently hit hard by the shutdown; Mansour said sales at both trucks were down 65percent. His business, he added, employs 12 people. Im not going to be able to afford the employees, Mansour said as he stood on the nearly empty sidewalk. Im losing money if I come out now. Mansour figured that if the shutdown was not resolved by Monday, hed pull his trucks off the street, essentially putting a dozen more people out of work. The proprietors of the Stix truck have already cut loose their prep and grill cooks because were unable to pay them, co-owner Leah Perez said. Its just pretty sad out there. Josh Saltzman, co-owner of the PORC truck , has decided to take his vehicle off the streets. It took just one day of vending for Saltzman to make the call.
Where Food Comes From(R) Announces Joint Marketing Agreement With Micro Technologies to Provide Greater Value for the Beef Supply Chain
Where Food Comes From(R) Announces Joint Marketing Agreement With Micro Technologies to Provide Greater Value for the Beef Supply Chain Agreement Adds Approximately 1,000 New Customers and $700,000 in Annual Revenue for Where Food Comes From Press Release: Where Food Comes From 2 hours 12 minutes ago 2.085 0.000 CASTLE ROCK, CO–(Marketwired – Oct 7, 2013) – Where Food Comes From, Inc. (WFCF) (d.b.a. IMI Global, Inc.) ( OTCQB : WFCF ), the trusted resource for third party verification of food production practices, today announced a joint marketing agreement whereby the Company assumes management of Micro Technologies’ process verification program. Micro is a leading provider of technology solutions to the beef industry. Terms of the agreement were not disclosed. Under the agreement, Where Food Comes From will conduct verification audits for approximately 1,000 new customers, including cattle ranchers, feedyards and backgrounders that were previously audited by Micro. These audits are expected to result in a new annual revenue stream of approximately $700,000 for Where Food Comes From. In addition, the two companies will collaborate on creating new, leading edge solutions for the beef industry. John Saunders, chairman and CEO of Where Food Comes From, said, “We are looking forward to working with Micro on initiatives to innovate and integrate new verification programs and advanced management systems that add value to the entire beef supply chain.” About Where Food Comes From, Inc. Where Food Comes From, Inc. (d.b.a. IMI Global) is America’s trusted resource for third party verification of food production practices.