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Get ready to know all there is to know about starting your own food truck business and, more importantly, keeping it successful!
Starting a small business is a challenge, but the food truck industry is growing rapidly. Over the last five years, the food truck industry experienced a massive surge in growth due to increased demand for specific food options, such as plant-based and eco-friendly food, as well as diet-specific foods. New technologies and social media have supported this growth, allowing trucks to reach much bigger audiences and enabling ordering in advance.
As the industry grows, permit processes have also become more streamlined, cutting down on wait time. Moreover, research indicates that food trucks appeal to the lifestyles of the millennial generation.
Even with the pandemic's impact on 2020 figures, market research projections anticipate that the industry will continue to increase revenue at a rate of over 7% for the next decade, a rate 2% higher than brick-and-mortar restaurant projections. Now is the ideal time to act and make the most of the opportunity to make money in mobile food service!
Food trucks can be incredibly lucrative, but the startup costs are no picnic. There are also hundreds of permits and certifications that food truck business owners must prepare for. Many of these come with fees, from business registration to everyday parking permits.
Running a small business involves hundreds of decisions, which can be overwhelming, and operating a food truck business only makes the process more complicated. This book is here to help!
This book will walk you through the many aspects of creating a food truck business from the ground up. These chapters include detailed information and insights on:
? Planning your truck and business approach
? Preparing an executive summary
? Getting financing (including partnering, loans, and crowdfunding)
? Ownership models and smart money handling
? Developing a creative and appealing concept
? Branding well
? Identifying when to outsource
? Effective truck decor
? Digital sales tools
? Taking out business lines of credit
? Hiring, training, and managing personnel
? Permits, licenses, and certifications
Finding suppliers and sourcing you
