Today the food truck business is going on in a lot of trends inside India. So far this business has not come completely into the market, but in the coming time this business will be a good successful business, so for those who want to do any business related to the food department, a food truck business is good with low investment. The option is this business is running inside a foreign country for a long time. but now this business has come inside the big cities in India. But after some time this business will come in all the medium and small cities. The biggest advantage that the entrepreneur has of starting a food truck business is that the entrepreneur can place his food truck at different locations every day according to time. Also, there are a lot of chances of success for this business.
Here in this article, we will take you through everything you need to know about starting a food truck business.
Table of Contents
Do Marketing Research for Food Truck Business
Although food trucks are a popular business, market research has to be done before starting a business. While doing your market research has to be done well, the competitor has to analyze well what can differentiate us from what others are selling. Along with that, see how others have priced their items and what makes them special. If customers are loving it, you know what’s popular in the area. Do your research thoroughly to build your menu. Having business research will help you stay on track to guide what you should and should not do.
Choosing the Right Vehicle for Business
The most important part of the food truck business is a commercial vehicle, so if any person wants to do a food truck business, then buy a good commercial vehicle. What type of vehicle i.e. what will be the size of the vehicle, depends on what food the entrepreneur gives in his menu. But in general, to do this business, the entrepreneur needs a commercial vehicle of about 18 to 20 feet long, For this, it can cost at least 10 to 15 lakhs. However, you can buy a used vehicle for the food truck business, But While buying a used truck, you should keep some things in mind such as the food truck should not be too old, and it is necessary to have a Truck License, Road Tax Receipt, and Truck Insurance.
Select the Right Location for Business
A food truck is a type of restaurant where many customers keep coming and going, so you have to start your business at a place where a lot of customers can easily enjoy their dishes. You should start Mobile Food Van Business in a place where there is a lot of movement of pedestrians like a Public Park, the Main Market, next to an institution, around the mall etc. These are all places where many people come and go every day. Apart from this, you have to keep in mind that there should not be any restaurant, Dhaba or any other food truck near the place where you want to start a food truck business.
License for Food Truck Business
There are no clear-cut laws for food truck businesses, but these are some of the licenses that you may have to take if you want to start a food truck business peacefully and legally.
Fire Safety Certificate.
Shop and Establishment License.
NOC from RTO.
NOC from Municipal Corporation.
FSSAI Mobile Vendor’s License.
GST registration.
Kitchen Insurance.
Before taking all these licenses, you must contact a knowledgeable person. Because some other license may be required in your city.
Raw Materials and Kitchen Equipment for Business
Kitchen equipment and raw materials depend on your business. If the business is big then more kitchen equipment will be required. And generally, to start a food truck business, the entrepreneur needs various electronic equipment such as Microwave, Juicer Mixer, Freezer, Refrigerator, Griller, Steamer, etc. kitchen equipment, work table, burner, fryer and smoker, exhaust equipment, Dishwashing equipment, generator or inverter may be required. According to a reliable figure, the cost of buying kitchen equipment can be around 3 lakhs.
Except for the kitchen equipment, the entrepreneur will also have to arrange the raw material according to his menu for the first week, the estimated cost of which can be up to 50 thousand rupees. In the initial phase, the entrepreneur should buy at least the raw material. After that, he can buy more raw materials as per his requirement for his food truck business.
Required Manpower for Food Truck Business
To start a food truck business, the entrepreneur may need at least three employees, in this, where two people will be busy preparing food according to the orders of the customers, and they also need a helper. That is to say, the entrepreneur may need two cooks and one helper. Before hiring staff, you must make sure that they are experts and responsible in their work.
Apart from this, The staff uniform gives an overall brand feel to the restaurant business which will in return help you gain more trust among your customers. For this, you give a Uniform to the staff and get your brand’s Carry bag made. Although the entrepreneur doing the food truck business in the initial phase can choose a cheap dress if he wants.
Create a Good Menu for Food Truck Business
Before starting a mobile food van business, you must have the right menu so that both you and the customer can know what you want to sell. Now on the menu, you have to add all the same food items that you can give or will give to your customers. While preparing the menu, decide the rate of the items very carefully or before deciding, also know the rate of the items of your competitors so that you can get an idea.
Marketing the Food Truck Business
Marketing is very important for any business, and for this, you can use a variety of methods. For this, you can understand and adopt the methods given below.
1. Create a strong brand. Make sure your food truck has a recognizable name and logo. This will help you stand out from the competition and create a loyal following.
2. Develop a distinct identity. Your food truck should have a unique look and feel that sets it apart from the rest. This will help you attract customers and build a reputation for quality.
3. Plan your marketing carefully. Make sure you have a marketing strategy in place that will help you reach your target audience. This will include developing marketing materials, conducting online and offline marketing campaigns, and partnering with other businesses.
4. Be prepared to invest time and money. It will take time and effort to build a successful food truck business, so be prepared to invest in both time and money.
5. Be persistent and stay focused. It can be tough to stay afloat in a competitive food truck industry, but if you have the right marketing strategy and perseverance, you can succeed.
Conclusion
So, what’s the takeaway from all of this?
There are a few things to keep in mind if you’re thinking of starting a food truck business. First and foremost, you’ll need to have a great product. Second, you’ll need to be able to market and sell your food truck effectively. And finally, you’ll need to be prepared to put in a lot of hard work and dedication.
But if you’re willing to put in the effort, a food truck business can be a great way to make money and enjoy the lifestyle of being your own boss. So go ahead, give it a try!
You May Also Read :
Top 10 Best Profitable Food Processing Business Ideas