Page Contents
- Learn the ins and outs of how to start a business in the fastest growing sectors of the food industry. From concept development to creating your business entity, we have you covered.
- Food Business Articles
- Writing the Market Analysis Section of a Food Truck Business Plan
- Turn Your Food Truck Into A Mobile WiFi Hotspot
- Basic Tips For Making Food Truck Insurance Claims
- Food Truck Workers’ Comp Insurance Basics
- Eight Ways To Reduce and Prevent Food Truck Robberies
- Late Food Truck Loan Payments? How To Avoid Repossession
- 8 Common Reasons For Food Truck Loan Denials
- Understanding How FUTA Affects Your Food Truck
- 2023 Standard Mileage Rates For Food Trucks
- A Food Truck’s Guide to Tax Basics: The Road to Profits
- Join our Free Food Business Community: Weekly Case Studies
Learn the ins and outs of how to start a business in the fastest growing sectors of the food industry. From concept development to creating your business entity, we have you covered.
Food Business Articles
Writing the Market Analysis Section of a Food Truck Business Plan
The market analysis section of your food truck business plan illustrates your knowledge of the mobile food industry. Here, you present general highlights and conclusions of any marketing research data you’ve collected. The market analysis section should include the following: Industry description and outlook: In[...]
Turn Your Food Truck Into A Mobile WiFi Hotspot
Buried inside many of the latest smartphones is a capability that few food truck owners have yet to take advantage of. A feature called tethering lets a phone go beyond talk, email and Web surfing to act as a mobile wifi hotspot that can[...]
Basic Tips For Making Food Truck Insurance Claims
After causing a minor accident usually comes the dread of a possible car insurance rate hike. Even if you have plenty of food truck insurance coverage, you might be tempted to avoid filing any food truck insurance claims or to keeping the accident a secret from your[...]
Food Truck Workers’ Comp Insurance Basics
One of the big questions new and existing food truck owners have centers on workers’ compensation insurance; otherwise known as food truck workers' comp. In the food truck industry, there's no shortage of potential risks that employees face. From slipping on wet floors in the[...]
Eight Ways To Reduce and Prevent Food Truck Robberies
Local news stations across the country have been reporting about food truck robberies over the past year. I certainly hope this doesn't become an escalating trend. Whether or not you decide to purchase property insurance, it still makes sense to implement some risk management tactics to protect your income[...]
Late Food Truck Loan Payments? How To Avoid Repossession
For most mobile food vendors, their largest operating expense is their food truck. While some vendors are lucky enough to have had cash set aside to open their business, the vast majority look at financing as the primary option of getting their business on[...]
8 Common Reasons For Food Truck Loan Denials
No one likes rejection. Especially when it comes in the form of loan denials for your future food truck empire. Educating yourself about why businesses do or do not receive financing is the first step to taking control of your own destiny. Today I share[...]
Understanding How FUTA Affects Your Food Truck
Food truck owners must pay federal and state unemployment taxes in order to fund the unemployment tax system. Unemployment compensation is designed to pay benefits to workers when they lose their jobs through no fault of their own. The Federal Unemployment Tax (FUTA) fund and state[...]
2023 Standard Mileage Rates For Food Trucks
The Internal Revenue Service (IRS) has announced the standard mileage rates for 2023, pivotal for food truck owners and operators to calculate the deductible costs of running their mobile culinary ventures. Effective from January 1, 2023, these rates are essential for managing the expenses[...]
A Food Truck’s Guide to Tax Basics: The Road to Profits
Today, I'll cover some basic information on food truck taxes and common write-offs in this industry. Keep in mind, I'm writing these from the perspective of a veteran food truck owner and not an accountant. I suggest working with a professional to submit taxes[...]