Starting out in your food truck adventure, you are going to have a lot of questions and will need to perform a lot of research to find the answers to your questions.
Here is a list of the most frequently asked questions a new food truck business has when starting out.
Please note that this is not an extensive list.
If you have questions that we do not answer here, please fill out the form at the bottom of the page with your questions so we can help get the right answers for you AND add the question here to help others.
You need a bookkeeper if you’re running a food truck business. A bookkeeper will help you prepare your taxes, keep the records of your business, and much more.
Food trucks are regulated differently than food trailers, yet they have much in common. Both types of food vehicles are used to serve food to customers.
There are many different styles of food trucks. In order to choose the best type for your business, you should first decide what you want your food truck to do. The type of food truck that you choose will affect the amount of money that you have to spend on it.
The cost of a food truck will vary depending on the size, age and condition of the truck. You can expect to pay anywhere from $8,000 to $80,000 for a used food truck and $50,000 to over $100,000 for a new truck.
You may not need a Point of Sale for your Food Truck, but it really depends on how much you sell and how often you’re on the road. However, a Point of Sale is a system that records all of your sales and other transactions in one place. It is also used to manage inventory. You can use the POS to generate reports for everything to make things easier to track and also provide to a bookkeeper.
A food truck needs the following special equipment:
1) A commercial-grade oven, grill and griddle
2) A refrigerator
3) A commercial-grade walk-in cooler
4) A commercial-grade freezer
5) A commercial-grade mixer
6) A commercial-grade dishwasher
7) Other commercial-grade equipment to make food preparation, cooking and serving easier, such as a flat top griddle, a deep fryer, a convection oven and a meat slicer.
Used equipment is an option because it is less expensive and can be purchased as is. Used equipment can be refurbished to work well, which can save you time and money which is usually the better option especially when first starting out.
If you are considering forming a business, you may want to consider starting out with a limited liability company, or an LLC. An LLC is a hybrid between a corporation and a partnership. As you continue with business, you can eventually trasform your business into a corporation if desired.
An LLC is a limited liability company, a structure that limits the potential financial impact of business debts and other legal lawsuits. This means your business is not responsible for the debts of your LLC. If someone sues the business for any reason, they can only pursue the assets of the LLC, and not your personal assets, like your house or car.
To have an appealing and successful food truck menu, you want to have a selection of unique menu items that appeal to a wide variety of people. Having an average of 8 to 12 menu items is usually the right amount to have for a food truck.
Building / manufacturing food trucks isn’t like manufacturing cars. Customized processes are involved in the process. There is a food truck ordinance for every city that defines what can and cannot be included in the construction of a food truck. You will need to work with an expert to learn what can and cannot be included.
A food truck or food trailer can take anywhere from 2 weeks to a number of months or years to build. The time it takes to build a food truck depends on who is building the truck. If you are building the truck yourself, it could take longer than if you have a professional food truck builder build it for you. Other things to consider are its size, equipment, complexity and many other details you truck may need.