How To Get Into The Food Truck Business: What You Need To Know

Making Money Starting a Food Truck Step-By-Step Process

A food truck business is a great way to expand restaurant sale and making money with it. If you are thinking something hearty and fresh and something that is already sold in other country or something sweet then it’s like you are on the right business. In the past food trucks have been associated with simple fare like hot dogs, sandwiches, and ice cream, but today this business has exploded in variety. Now the same food truck business offers every kind of cuisine to their customer. To open a small, standard hot dog type food truck cost approximately $2,000 to buy, while refurbished trucks may cost more than $40,000.

Babys Burgers Food Truck

Before you starts buying your truck go through your need first. The less your truck has worked to do, and the smaller it can be, the less it will cost. You need to take care of many things like permits, truck storage, security, parking, insurance, and location etc. Mobile food trucks have different permitting process and it has some other cost to consider starting and running the business smoothly.

Food Truck Insurance:

This is not similar insurance like you’re another vehicle.  You need to clear the additional risk your truck might have as you have now cooking tools, cylinders, gas connection and other flammable things to carry into your truck.

Food Truck Permits:

Permits are a variable element and generally changes based on locality. There are lists of permits you need to clear before starting the business. Mobile Food Vendor License is a must have license and some other permits for working in the locality you choose, you need to clear all. Renting and buying a permit is illegal thing to do, so be aware of this.

Food Truck Security and Storage:

Health department of the city will approve the location where you are going to park your vehicle during off duty. You might also need to pay additional cost for electricity and refrigeration facility into your food truck.

Food Truck Parking:

You need permission before you’ll park your vehicle and start selling your foods in locality. Sometimes you need to pay extra to be in special events, high class society, or private owned areas etc. Some towns have restriction for food trucks so determine where you can set up your truck.

Food Truck Cost Breakdown:

Food truck itself cost thousands of dollars. One thing you can do is to go for used trucks or look for financing either through investors, banks or small business bureau.

1.    Some other things you need to take care of for food truck business are:
2.    Health and safety are most important
3.    Competition with nearby restaurants
4.    Choosing the suitable and best location
5.    Provide a dining experience
6.    Promote your business on social media like facebook and twitter
7.    Need to do hard work
8.    Offer to expand your business

Conclusion:

Start your food truck business and start making dollars with it. Clear all the permits, choose the proper location and rules to park your truck in any society, provide healthy food and variety as well, and advertise as much as you can to get more sell etc. Social media plays an important role to promote your business and to attract more customers to your truck for food and make your business successful.

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