How To Start A Food Truck Business: What You Need To Know

January 31, 2020 769 views

A Collection of Resources Related to Starting  A Food Truck Business

Have you always wanted to start your own business?

Perhaps you’re a budding Masterchef but you don’t have the money to open a restaurant… Perhaps you already have a part-time or full-time job but you’re looking to diversify your income streams.

And perhaps you’ve never even thought about launching a food truck business before but you’ve been offered a van at a price that’s too good to pass up.

There are a lot of benefits to starting a food truck business, and there aren’t many downsides. People will always need to eat, so as long as your food is good there will always be a market, and it’s a job that can take you all around the country.

Still, it’s important to be realistic about your new business, and that’s where this post comes in. The first thing you need to do is to weigh the pros and cons:

The Pros

  • The freedom of being your own boss
  • Ability to attend and serve food at events
  • If one location doesn’t pan out, you can easily move to a different one
  • You get to create your own cuisine
  • It has a low startup cost compared to starting a restaurant
  • You can run this as a part-time or seasonal business
  • More In the resources below

The Cons

  • Competitive marketplace
  • Fuel costs and vehicle upkeep can be expensive
  • If the vehicle breaks down, the business can’t operate
  • Long hours in cramped quarters
  • Business can be affected by weather/seasonality
  • More In the resources below

What you need to know

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