Selecting the kind of food you wish to serve is your first task. The food industry, like other industries, is segmented into multiple groups according to the type of food and cuisine.
Every new company requires funding. The entire setup cost for a typical food truck is typically between 8 and 11 lakhs. However, the cost can go up to INR 16 to 20 lakhs if you want a food truck that is completely furnished with cutting-edge setup and advanced equipment.
You won't be able to register your business and realise your dream without the necessary government licences. Thus, get ready to get the licences before you get too excited about the prospect of owning a food truck.
Be sure to pick a place that is frequented by large crowds of people. The majority of people prefer to grab a quick lunch on the way rather than dining out, so this will help you make more money.
If you are unable to raise the entire amount needed to launch your food truck business, you may be able to get assistance from other financing sources. A loan, for instance, can assist you with the money required to start the truck and get things moving.
Finally, you need to market your brand, and social media and ads are the best places to do this. Numerous businesses provide marketing and promotion services on the internet.
Opening a food truck business might seem overwhelming at times. But, in reality, it is one of the easiest business models to set up. Follow these easy steps and build a successful food truck business for yourself.