Food Truck Business: People in India are rapidly turning towards business instead of jobs. Most people plan to start a food business because it takes less time and investment than other businesses. You can generate profit from this from day one. Let us tell you that there are many food business options, including food trucks and stalls.
If you want to start a food truck business, we will tell you how much investment you need to make and what you need to plan.
Set The Menu
To start a food truck business, you must decide on your menu. This business is divided into different categories based on food type and base. Therefore, you must decide on your menu because moving forward without deciding can cause you to fail.
The business of any food truck depends on its size, location, tools, etc. This decision determines the truck’s size, the possible location for the business setup, the equipment you need, and many other features. Here, we are giving information about some food businesses that can be started.
You can keep American food like burgers, hot dogs, sandwiches, wraps, burritos and bangles in your food truck. You can also start a food business that produces different fruit and vegetable juices, shakes, smoothies, and drinks. You can also think about South Indian food like – Idli, Sambar Vada, Dosa, and Uttapam. Apart from this, Chinese food can also be a good option.
How Much Will It Cost?
The most important cost to start any business is because, for every startup, you need capital. If you want a standard truck, it can cost around 8 to 11 lakh rupees. On the other hand, if you want a food truck with advanced tools, your expenses can come up to Rs 16 to 20 lakh.
We will discuss these expenses in detail here. First, discuss basic equipment, including tools like a cooking station, refrigerator, microwave oven, and furniture, which can cost Rs 2 to 2.5 lakh.
The most important thing for a food truck is the truck; you must consider some points when buying. The expense has to be made considering the volume of the truck and the need for other tools. You will have to spend about Rs 3.5 to 5 lakh for this.
Daily expenses are also a big point of this business, as the cost of raw materials for cooking can be up to 15 to 20 thousand, depending on the type and sale. Apart from this, if you want a helper for your business, you must also give them a fixed salary. It can cost around 15 to 20 thousand.
It is fine if you have this much budget; otherwise, you can use different financing methods, including personal loans and other small business schemes.
License Will Be Required
Let us tell you that you cannot start your business without a government license. To do this, you must register your business and get the license. There are some rules for this. If your annual turnover is more than 12 lakhs, you must obtain an FSSAI license.
Apart from this, you will need NOC from the Chief Fire Officer. You will need an allowance letter from the area’s municipality to start your business. You will also need a vehicle license to register your food truck business with the government.
Starting From The Right Location
Location is important for any business, so it is important for the food business that you choose the right location. To do this, you must also pay attention to some special points. First of all, you have to confirm with the municipality about parking your truck. You need the right environment and space to run it well.
You have to choose a place that most people can see and there is a constant movement of people near it. This can help you generate more revenue. To stay ahead of the competition, you must make it unique and easy and do proper marketing.
Brand Marketing and Promotion
Even after everything is right, your business often does not run. The biggest reason for this can be marketing and promotion. In such a situation, you must properly and better market your business. For this, you can use advertising and social media. Apart from this, some platforms can help in promoting your business.
In addition, you can conduct marketing activities such as social media marketing and create customized websites, pages, and online delivery platforms for your business. I hope this article is useful to you.
