The Future Of Your Food Truck Business

Blog 1 16 Jan

What’s Next? The Future Of Your Food Truck Business

Planning ahead and mapping out the future of your food truck or van business can be overlooked while you are busy focusing on your first food truck fit out. It can, however, have a huge impact on where your business will head.

Once you have your first food catering vehicle up and running successfully, you may want to think about expanding your mobile business fleet. Adding another truck/van, or looking into catering or franchising options are three potential ideas to consider when planning your business’ future.

Adding another food van

Once your first food truck or van is successfully up and running, you may start thinking about potentially adding another catering vehicle and expanding your business. If you are finding yourself needing to be in more than one place at a time, expanding your fleet may be your best option!

It is important to carefully weigh up the pros and cons; while there will be more sales, you will need to invest in another truck or food van and staff to run your second vehicle. Key factors to think about include your financial status, the logistics involved in making this change, and the state of your emotional readiness to take it on.

Mobile Catering Solutions

Catering is great option to consider if you are wanting to grow your food truck business without physically expanding. With food trucks and vans becoming more and more popular at events such as weddings and functions, catering could be the best option for you to grow your business without the financial outlay.

Make sure customers know you offer mobile catering services. Creating a special menu, and promoting this service (i.e. on social media, online, word of mouth, signage on your food truck or van). Keeping your menu simple, putting your services in writing and making sure you never run out of food are key to ensuring you ease your way into the catering industry.

Franchising

Is your food truck business unique? Are customers telling you that you should franchise your truck or van? If you answered yes to both, considering franchising to see if it’s right for you could be your best option to expanding your mobile catering vehicle business. Culinary entrepreneurs are finding food van franchising is a way to quickly expand with minimal capital and risk.

Advantages of franchising include expansion without financial outlay (franchisee pays fee) and the opportunity to expand without risk as franchisees are assuming the risk of succeeding or failing. Keep in mind that franchising is a regulated industry, and setting up your business as a franchise takes time!

Are you looking to expand your mobile catering business? Send Bella Manufacturing an enquiry today.