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What is the Success Rate of Food Trucks

Posted by Damian Roberti on

Owning a food truck means working a majority of your waking hours. To succeed with your food truck, you will need to be on the streets five to seven days a week. The success of your mobile business is directly related to the amount of time and effort you put into running it. Food trucks can earn a lot of money, but most spend almost all they make. You will also need to rent a commercial kitchen, which is a huge portion of your expenses.

Just because you have a passion for cooking doesn't mean you should start a food truck. The drive to be a food truck owner should be for the challenge of owning and succeeding in the industry. Food trucks have numerous advantages over brick and mortar restaurants. Getting feedback from those who are not in your family will do wonders for your plan, making sure people are willing to pay and enjoy your food. Myth: The food truck does not pay rent.

Running a food truck has its own expenses, like food, employees, licenses, permits, insurance, and numerous others. It will always be best to find locations that have high foot traffic, touristic places, and/or large outdoor events.

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