May 20, 2013 Leave a comment
This article is inspired by a friend taking his first step. Food trucks are not just trends – they are staple in every neighborhood. More often than not, however, business slows down and setbacks happen. This is why they disappear as easily as they turn up. Their owners tend to shut them indefinitely or close them down completely.
Awakening Your Passion
Despite the difficulties of putting up this type of business, there are rewards which can make the experience definitely worth the effort. Starting a food truck business can awaken your entrepreneurial spirit or give you courage to pursue other passion, like food processing or franchising.
Mobile catering is difficult to set up – but you’ll gain a lot of insight if you’re really interested. You first start off by researching the legality of food truck business in your neighborhood. You may need to apply for a permit or look for specific areas where you can do business. Ensuring the legitimacy of your food truck is definitely important.
Conceptualizing and Customizing
After finding out that your business is viable, it’s time for the fun part: conceptualizing and coming up with creative themes. Will you serve Japanese, Mexican, or Italian? Pasta, pizza, or pastries? The possibilities are endless and you think of many ways to make your truck stand out. You can decorate your panels with decals or you can customize the truck itself.
Conceptualizing is one thing; actualizing is another. It’s easy to go crazy with the ideas but you have to set realistic expectations to come up with something that works. Other than checking the legality of food truck businesses, you need to study the costs. You also have to look for financing and maybe create a business plan for your prospective investors.
Successful people will often tell you to decide what you want before working towards achieving it. No matter how great a plan is, it will simply be useless if you don’t have a clear goal. Whatever purpose you have for going into the business, make sure it’s not just about money and success. It’s a proven fact that failing is part of the whole enterprising and entrepreneurial experience. So if you’re not about taking risks, food trucks may not be the best venture for you.
Mobile catering has been around for decades and many businessmen and entrepreneurs will continue venturing into this type of business in the coming years. If you think food trucks are your calling, don’t hesitate and go for it. When you’re old, you will most likely regret the things you didn’t do instead of the ones you did.