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Many factors go into determining startup costs for a food truck business.There are also one-time costs and costs that can vary by location.
Having worked in the food industry, print and online journalism, and marketing, she is now a freelance contributor for Business News Daily and
When she's not working, you will find her exploring her current town of Cape May, NJ or binge watching Pretty Little Liars for the 700th time.
Mobility: Being able to bring your business to different locations based on demand during different periods of the day, days of the week, etc., is a huge advantage, said Angulo.
Time: Long hours are the norm with a food truck business.
Advantages: Mobile credit and debit card processing plus sales and inventory tracking.
Disadvantages: An additional monthly service fee and hardware costs.It is important to research the different areas you are considering for your food truck business location, and consider the necessary permits and regulations there.Here are a few main things to look out for: Jennifer Post graduated from Rowan University in 2012 with a Bachelor's Degree in Journalism.New custom trucks: While this is the most expensive option, it is the best way to ensure that your truck is up to code and standards, and it can be customized to your specifications.Leasing and franchising: You may be able to find a local truck to lease, or from a national truck leasing company.(POS) system, truck wrap, website design, office supplies, advertising and PR, and any professional, legal, or consulting fees.While that list is not comprehensive, it gives potential food truck owners an idea of some of the upfront expenses.Local online classifieds: This is a good option, because used trucks are cheaper, and if they are local, you can easily inspect them.National online classifieds: This will open a lot more inventory, but get as many details and pertinent information about the truck from the seller as possible, since you most likely won't see it in person before pickup.Yet another option is to franchise a truck from an established company.With this option, it's important to keep in mind that you have no control over the product, marketing or menu. Mobile processors can simply charge swipe fees, but you'll need Wi-Fi access and/or a good data plan to connect to the processing service.