Learn The Importance Of Running Your Numbers When Owning A Food Truck Business In This Video

Food Truck

When you are a food truck owner, you have an endless amount of things to worry about. Not only are you working more than the typical office worker, but you also have to worry about the business side of things, how to promote your truck, how to gain more customers and, well, we haven’t even gotten to the kitchen yet.

Here’s another thing food truck owners have to worry about: Running their numbers.

If you are an owner in this industry, just assume you are losing money, whether that be from labor costs, paying vendors or whatever it might be. Luckily, the video below provides you with all of the facts you need to know when it comes to running your numbers.

Sign up to receive the FoodTruckr Newsletter and we’ll throw in our free guide: 6 Free Social Media Tools to Get People Talking About Your Food Truck.

A Sneak Peek At What You Need To Know

  • Margins
  • Cost Of Goods
  • Overhead Costs
  • Labor Costs
  • Marketing Costs
  • Fuel Costs

How profitable is your business? If you don’t know the answer to that question, you likely don’t have a good grasp on your numbers, which is a serious problem.

RELATED: Common Characteristics Of Successful Food Truck Owners. Do you lack these characteristics? If so, it is important to learn them — well, if you plan on making it as a mobile kitchen owner, that is.

Know Your Numbers, Food Truck Owners, And Let This Video Be Your Guide.

To dig your teeth into what FoodTruckr has to offer, make sure to like us on Facebook and follow us on Twitter, and also make sure to check out more content that we bring to the table.

Recently on FoodTruckr

Flashback Friday: Improve Your Social Media Outreach At Your Food Truck We love Flashback Friday for a couple of different reasons: (1) It's festive, if you will, and it adds a spark to the day. (2) We like to pack a lot of information into our Flashback Friday pieces in ...
Welcome to The 12 Days of FoodTruckr! Cold weather has arrived for much of the country, and the holiday spirit is all around. No matter what events you’re celebrating this season, we hope you’re having a fantastic December that is filled ...
3 Things Food Truck Owners Should Do In The Upcoming Week To Gain More Success It's Sunday, which means a new week is already rearing its head. Therefore, we pose this question: What are you going to do this week to gain more success, food truck owners? As a friendly reminder...
Flashback Friday: Use Apps To Simplify Your Food Truck Business We live in a day and age in which the internet is literally taking over the world, and that is a good thing when said internet is used properly. For example, if you use it to help your business, li...
What Data Can Tell Us About The State Of The Food Truck Industry Editor’s Note: Today we’re excited to present a post from Tori Galatro. Tori is a blogger, copywriter, and SEO outreach manager based in Austin, Texas. Her favorite things to write about are film, foo...
How to Run a Food Truck 23: Write the Recipe for Future Success FoodTruckrs, are you ready for the final unit of the “How to Run a Food Truck” series? We’re so excited to bring you the remaining lessons that will make up Unit 6—a section that’s all about setting g...
Throwback Thursday: Food Truck Resolutions For this week's edition of Throwback Thursday, we wanted to pose this question: What are your New Year's resolutions for 2018? What are your big plans to make this the best year yet at your food tr...
2 Reasons Why Food Truck Entrepreneurs Really Have To Make A Push Toward Yearly Goals Now Editor’s Note: Today we’re excited to present a post from Jeremy Adams. Jeremy is the President/CEO of Prestige Food Trucks, which is the world's leading custom food truck manufacturer. In his current...
Benefits Of Messenger Marketing For Your Food Truck Business As we mapped out in a previous article, Facebook Messenger marketing is an effective digital marketing tactic for food truck owners. While we have discussed it some, today we're going to go into fu...
3 Reasons Why Food Truck Owners Should Never Give Up On Their Goals It's almost fall, and while that might be music to some people's ears, it might also make other food truck owners cringe. After all, fall being around the corner means winter is almost here as well...
How to Run a Food Truck 22A: Market Like an Advanced FoodTruckr FoodTruckrs, can you believe it? Today’s lesson marks the end of Unit 5 of “How to Run a Food Truck"—and with just one more unit to go, that means we’re almost finished with the entire series! You guy...
Secret Weapons And Tips For Food Truck Owners A food truck needs a killer brand, flawless business plan and delicious food — that’s just a given. However, there are other ingredients that mobile truck owners can add to their arsenal that will mak...
The Best FoodTruckr Advice For Mobile Kitchen Owners From Last Week: Oct. 29-Nov. 4 October came and went ... and it is now November -- if you can believe it. December is right around the corner, and so is January, which means 2018 is almost here and 2017 is just about over. Yes, ...
3 Keys To An Entrepreneur’s Success In The Food Truck Industry Editor’s Note: Today we’re excited to present a post from Jeremy Adams. Jeremy is the President/CEO of Prestige Food Trucks, which is the world's leading custom food truck manufacturer. In his current...
Flashback Friday: A Look Back At Invaluable Business Advice At FoodTruckr Editor’s Note: Today we’re excited to present a post from Jeremy Adams. Jeremy is the President/CEO of Prestige Food Trucks, which is the world's leading custom food truck manufacturer. In his current...
You May Also Like...  Finding Your Dream Team With Co-Founder Of Prestige Food Trucks Jeremy Adams

Love it? Share it: Share on Facebook Share on Twitter