Money2017-03-31T08:39:59+00:00

Money Matters

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

Accounting

  • cash flow problems

Solving Common Food Truck Cash Flow Problems

One of the biggest concerns for food truck owners (and other small business owners) revolves around cash flow. Successfully running a mobile food business involves a great deal more than just being a good cook. If cash flow problems [...]

Crowdfunding

  • food truck crowdfunding

Food Truck Crowdfunding 101

Once an unknown financing option for culinary entrepreneurs, food truck crowdfunding has quickly evolved into a fast, effective way to raise cash for just about any mobile food industry project. Crowdfunding’s growing popularity is good [...]

Financing

  • loan denials

7 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 [...]

  • financing a food truck

Financing A Food Truck In A Tough Economy

Although food trucks are popping up across the country, some hopeful owners are still struggling financing a food truck, and this has many culinary entrepreneurs wondering how to go about getting the cash they need to either [...]

  • food truck loans

Food Truck Loans: Why The Difficulty In Getting One

Only one third of small business owners (including prospective food truck owners) were able to obtain all of the credit that their businesses need, a recent National Federation of Independent Business (NFIB) survey shows. The survey’s finding [...]

Taxes

  • 2018 standard mileage rates

2018 Standard Mileage Rates For Food Trucks

The Internal Revenue Service has issued their 2018 standard mileage rates used to calculate the deductible costs of operating your food truck or other vehicles for your food truck business. As of Jan. 1, 2018, the 2018 standard [...]

  • 2017 Standard Mileage Rates

2017 Standard Mileage Rates For Food Trucks

The Internal Revenue Service has issued their 2017 standard mileage rates used to calculate the deductible costs of operating your food truck or other vehicles for your food truck business. As of Jan. 1, 2017, the 2017 standard [...]

  • food truck sales tax

Food Truck Sales Tax Basics

As a mobile food vendor, one of your many responsibilities will be the correct payment of food truck sales tax. Even though the consumer is usually responsible for paying the tax, the vendor has the obligation [...]

  • 2016 Standard Mileage Rates

2016 Standard Mileage Rates For Food Trucks

The Internal Revenue Service has issued their 2016 standard mileage rates used to calculate the deductible costs of operating your food truck or other vehicles for your food truck business. As of Jan. 1, 2016, the 2016 standard [...]

  • futa

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 [...]