This is a good summary and guideline to prepare Food truck business plan. This will help you to develop your food truck business Plan. If you need details on the food truck business plan , You can knock me anytime.
2. Research Your Target Market
• Available Spaces:
• Find out a available space for food truck business
• Competition:
• Analyze the competition
• Local & State Regulations-
• Know the rules and regulations of the market
• Catering Options
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3. 5 Ideas for Mobile
Food Businesses
• Food kiosks
• Food kiosks are booths or stands used to prepare and sell foods like
pretzels, Burgers, ice cream and hot dogs
• Food carts and concession trailers
• This style of mobile food business has been around for decades and is
a multibillion-dollar industry. Cart owners prepare food in advance or
purchase ready-made food like ice cream bars.
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4. 5 Ideas for Mobile
Food Businesses
• Food trucks
This is Larger than carts, the trucks can carry more food and handle more business.
• Gourmet food trucks
Same as a food truck, Gourmet food truck takes food quality to a higher level. There
are 4,000 licensed food trucks in the Los Angeles area, and only 115 are considered
gourmet.
• Mobile catering businesses
Mobile catering trucks are same as mobile food trucks, but its hired for specific
events. So its temporary. Customer chooses food from a catering menu, then truck
serves the food to the customers at the event.
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5. Choose a Food Truck Concept & Name
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Ethnic Fusion Concept
Organic / Health Food Concept
Gourmet Sandwiches
Pizza Food Truck
Regional Cuisine Concept
6. Company Name, Logo and Tagline
Wrap Your Truck
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1. Hire a professional designer for
design
2. Vinyl wraps are the most popular
material for wrapping food trucks
3. Make it easy to read on the road
4. Match the design to your products
8. Design Your Menu board
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i. Menu board design goes well with your truck’s design
ii. Menu board should be easy to read and understand
iii. Food description should be short and simple
iv. Consider not using the dollar sign
v. For large menu board, include photos of your dishes
10. Food Truck’s Staffing Needs
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Food truck service window staff
Mobile food business managers
Chef and cooks for food truck
Food truck kitchen staff
The food truck’s driver
11. Products
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Barbecue
Amped-up
Hamburgers
Reinvented
Hot dogs
Coffee
Trucks
Smoothie /
Healthy
Drink Trucks
Crepes with
special
toppings
Vietnamese
Banh Mi
Sandwiches
Pizza
Chicken
wings
“Grown-up”
grilled
cheese
sandwiches
Beef Sliders
(Variation on
hamburgers.)
Cupcakes
and desserts
Street tacos
and burritos
Sushi
Lobster rolls
Mediterranea
n menus /
Gyros
Ice cream
and soft
serve
Shaved ice /
Italian ice
Indian food
Hawaiian
food
12. Executive Summery
o The Business Opportunity
o The Target market
o The Competition
o Mission Statement
o Vision Statement
o Objective
o Company Information
o Business Highlights
o Future goals
o Food Truck Location based on days
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13. Food Truck Financing Options
Leasing
Equipment Loan/Financing Program
Rollover For Business Startups (ROBS)
Microloan from SBA
Find Investors
Crowdfunding
Bank Loan
Loan from relatives
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14. Buying vs. Leasing Your Food Truck
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Buying Advantages Leasing Advantages
Benefit of write off depreciation Less to finance
Need to finance more Usually better maintenance plans
Better more miles Many leases offer the option to buy at the end
Better if you plan on having the truck
for a very long time
Better for low annual miles
Free to modify
Benfit of deduct percent of lease devoted to
business operation
Lower sales tax
16. Get Your Licenses and Registrations
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Mobile Food Facility Permit
Health Permit
Food Safety Certification
Food Handler Permit for employees
Workers’ Compensation
Business Insurance
Food truck licenses and permits will $100 – $500 based on location.
17. S W
TO
S T R E N GT H
Describe your
Strength.
O P P O RT U N I T
Y
T H R E AT
W E A K N E S S
SWOT ANALYSIS
Describe your
Opportunity.
Describe your
Weakness
Describe your
Threat
23. Value of the U.S. food truck industry
from 2014 to 2020
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This graph shows the value of
the U.S. food truck industry
in 2014 and 2015, as well as
the industry forecast for
2020. In 2015, the U.S. food
truck industry was esteemed
at 856.7 million dollars.
24. 3 Weapons Needed for Food Truck
Success
Know Your Rules & Regulations
Get Creative with Food Truck Parking
Build – and Maintain – Your Brand
Don’t Compromise about quality of food Menu
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25. Why Food Trucks Fail
Lots of complicated regulations designed to protect traditional
restaurants
Poor operation and financial planning
Underestimating daily number of hours needed
Wrong place choice
Poor choice of food truck
Lack of good marketing
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26. Thank You
For More Details
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• My Blog: www.accountingprime.com
• Mail: accruon@gmail.com
• Visit: www.fiverr.com/businessfixxx for order your
Business Plan & Financial Plan
Editor's Notes
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