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
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 [...]
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 [...]
Times When You Shouldn’t Provide A Comp Meal
Providing a comp meal is the act of providing a customer a food or beverage item for free. While this is a common practice of food truck owners, a comp meal should only be used in certain situations. By comping your food or beverages, you [...]
Setting Minimum Credit Card Charges For Food Trucks
One question we often receive is about the ability of food truck owners setting minimum credit card charges for their customers. Today we will dig in and provide the answers. To start off, we’ll get to the heart of the debate. Until 2010, credit card brands [...]
7 Characteristics Of Successful Crowdfunding Campaigns
Crowdfunding for food truck startups is quickly becoming a safe, low cost method for culinary entrepreneurs to enter the world of mobile food. So how does someone fund their campaign through sites such as Kickstarter or GoFundMe? Well, there is no guarantee of success, but over the [...]
Business Credit Cards Simplify Food Truck Record Keeping
It's true that careless use of credit cards can put your food truck out of business faster than you can swipe your card. When used effectively, business credit cards can simplify your financial record keeping for your mobile food business. Not only that, they can even [...]
How To Avoid Common Food Truck Bookkeeping Mistakes
If you are a food truck owner determined to keep your truck service window open, you've got to have your eye on each and every issue that could potentially stall your mobile food business. That means not overspending or wasting supplies. Keep only the necessary [...]
Fix Your Credit Before Applying For A Food Truck Loan
If you're planning to start your own food truck business, you want to check and fix your credit report before applying for a small business loan. Outside of your business plan, your credit report is the key document that lenders use to determine whether or not to issue [...]
Look Deeper Into Your Food Truck Financial Analysis
Your food truck financial analysis is always going to be important to track for your food truck empire. Just remember that they only tell part of a story. The bean counters love financial metrics because they measure results clearly, but as a food truck owner, [...]
4 Simple Steps To Identify Counterfeit Cash
It used to be that spotting a "good" counterfeit bill was impossible for most people. If it was good enough to pass the "look and feel" test, then it was going to take an ultraviolet light or a magnetic ink detector. But for the past [...]