Money Matters2018-05-14T18:01:50-04:00

Food Truck Money Matters

Money Matters

Looking to purchase a new food truck or expand your existing mobile food empire? These articles were designed to help everyone from the novice to food truck veterans in the areas of money matters.

Food Truck Finances Articles

Food Truck Payroll Service Options For Vendors

Managing your food truck employees may be difficult, but it doesn't hold a candle to managing their payroll. Executing payroll manually involves a slew of complex calculations. Also, check cutting and tax withholding, which is a lot of extra work for a busy food truck [...]

By |April 18th, 2019|Accounting|

Tax Tips For Food Truck Vendors Operating As A Sole Proprietor

As a food truck that operates as a sole proprietor, you are in charge of your own business. As far as the tax code is concerned, you and your business are a single entity. While this entails certain freedoms, it also creates added responsibilities. You'll [...]

By |April 2nd, 2019|Taxes|

Late Food Truck Loan Payments? Learn 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 the [...]

By |February 20th, 2019|Financing|

6 Crucial Steps To Crowdfunding Your Food Truck

While not as expensive as restaurants, food trucks are some of the most capital-intensive businesses to start. Build-out and equipment costs, starting inventory, licenses, fees and working capital can easily add up to over a hundred thousands of dollars. To make matters worse, banks don't usually [...]

By |February 14th, 2019|Crowdfunding|
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How To Choose A Bank For Your Food Truck Business

Every food truck business needs a bank account. If for no other reason, it can help you keep your personal and business finances separate. But how do you choose a bank that fits your business needs? In today's market, bank options vary a lot in terms of [...]

By |February 12th, 2019|Accounting|

5 Accounting Topics Food Truckers Should Discuss With A Professional

Come tax time, most business owners have their CPA on speed dial. But here's a question. How often do you seek your accountant’s advice on other areas of your food truck business? Accountants are awesome financial advisors who can help you with more than just [...]

By |January 30th, 2019|Accounting|

2019 Standard Mileage Rates For Food Trucks

The Internal Revenue Service has issued their 2019 standard mileage rates. Used these rates to calculate the deductible costs of operating your food truck. As of Jan. 1, 2019, these 2019 standard mileage rates are for the use of your food truck or other vehicles used to operate [...]

By |January 18th, 2019|Taxes|

Questions To Ask An Accountant For Your Food Truck

As a food truck owner, you wear many hats. From line cook to tax accountant, your plate is typically full 24/7. Once food truck owners being expanding their mobile food empires, they usually look to bring in professionals to help them ease the pressure by [...]

By |November 19th, 2018|Accounting|

Cleanup Your Accounting With These 4 Bookkeeping Tips

Food truck owners have a tendency to keep a lot of the financial details of their business in their heads. Operating this way has its advantages. Going this route assures no new software to learn, no danger of a system wide data loss. Also, you can [...]

By |October 19th, 2018|Accounting|