A food truck is like restaurant on wheels. It has several distinct advantages over a traditional eat-in restaurant. A food truck can go to where the customers are. It has pretty low overhead, compared to a restaurant, and requires far less staff. However a food truck is still a business that requires a lot of work and attention- especially in the first couple of years. Food truck owners put in long days and have similar problems as restaurant owners, such as slow seasons, bad weather, and sluggish economy. Read on to find out how you can start your own food truck business.
Time Required: Two Months or More
Here's How: 1. Find out if a Food Truck Business is Legal in Your Neighborhood. This may sound like a no-brainer,
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8. Create an Emergency Fund. This is true for any small business. Equipment repairs can be costly. Or a freak rain storm could drive down business in an otherwise busy season. Be prepared for the unexpected by having some cash set aside. 9. Have Clear Goals for the Future. Maybe a food truck business is step one toward owning your own restaurant or full service catering company. Decide where you want to be in a year, five years, 10 years. Having clear goals for your food truck business will help keep you motivated and focused.
1. Think small. If you don't want to invest a lot of money, a food cart costs a fraction of a food truck with many of the same benefits. 2. Be prepared for emegencies. Start saving money for equipment repairs or other unforeseen events. 3. Get ready to work long days. You may only serve food during lunch, but you need to prep all that food and clean up, plus do bookkeeping, ordering and other mundane chores.
What You Need * Permit or License * New or Used Food Truck * Clear Restaurant Food Truck Concept * Fantastic Food Truck Menu * Unforgettable Food Truck Name * Financing * An Emergency Fund * Clear Goals for the Future
Goin' Mobile: Your Options
Even before you decide what foods to sell, you'll want to consider how you want to sell them.
Clearly, your decision on how to sell your foods will depend on: 1. Your startup