Food trucks are seemingly everywhere these days and some cities are even famous for their selections of local food trucks. These trucks might have been viewed as a risk not that long ago, but these days they're incredibly popular and have started a global trend.
But how do you start a food truck and what do you need to know? Read on for all the following tips that will help you get your food truck up and running.
How Much Does Starting a Food Truck Cost?
As you would expect, the cost can vary, but somewhere between $60,000 and $130,000 is a reasonable estimate.
Depending which state you're in and the legal fees you have to pay, how much you're paying for your truck, how much customization it needs, and which niche you're going to be in, the cost can be as little as $10,000 or as much as $250,000.
Sound like a lot? Financing options are available as a small business owner, but before you do that, know the risks involved.
Starting a Food Truck Step-by-Step
Do your Homework
Researching your local food scene is critical. Check existing food trucks and their niches, existing restaurants, areas where a food truck can park and sell, demographics, and busy times when commuters might be customers. This step will reveal whether your food truck contact is likely to thrive and whether there is enough local demand for what you'll be selling.
2. Pick Your Concept
There are two things to consider when choosing your food truck concept. First you should consider your passions and interests, and second make sure you'll be catering to the local population's interests. Merge both of these factors to come up with the perfect concept, and then you can choose your name and logo.
Take your time coming up with those and choose something attention-grabbing, descriptive, memorable, and unique. Because your menu or concept might grow at a later stage, avoid being too specific. A great concept and nice logo should have a positive impact on your customers.
Always consider the margin of your cuisine choices, portability for delivery platforms and how to leave diners with a memorable experience.
