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

The Best FoodTruckr Advice For Mobile Kitchen Owners From Last Week: Nov. 19-25 We hope everyone had a wonderful Thanksgiving, and week in general! With that said, since it was likely such a busy week for you, we decided to help out in a big way, which is why we are going to b...
If Food Truck Owners Are Lacking In This Area, They Will Not Succeed 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...
It’s Time To Get Really Serious About Your Yearly Food Truck Goals If you can believe it, it's already November, which, of course, means December is right around the corner, and you know what that means... It means a couple of different things: (1) It means the ho...
Strategies Food Truck Owners Should Incorporate For A More Balanced Life 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...
5 Menu Ideas For New Food Truck Owners You're new to the food truck industry (or getting ready to enter it), and you have a million things running through your head as a result. Of course, one of the things that probably constantly runs...
Top Tips From The General Manager Of A Successful Food Truck 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...
Throwback Thursday: A Look Back At FoodTruckr’s Interview With The Mobile Pub Throwback Thursday is among us! As a result, we are going to go all the way back to our interview with The Mobile Pub. If you are looking for a great story that features a unique food truck concept...
#FoodTruckFan: Selling Extras A food truck saved my bacon a couple of weeks ago—and it had nothing to do with food. As I've mentioned before, I live in Minnesota and we're currently experiencing the coldest winter of my lifetim...
Articles That Will Help Food Truck Owners Focus On The Big Picture Why did you want to become a food truck owner? From time to time, it's important to look at the big picture. By doing so, it can help you remember why you set out on the journey that is entering th...
How to Start a Food Truck 19: Organize Your Licenses and Permits Can you believe summer is almost here? Food truck season is officially upon us, the warm weather is here to stay, and today’s lesson marks the end of Unit 5 on making your business official in the “Ho...
3 Reasons Why Your Food Truck Business Has To Have A Facebook Account While Facebook might attract younger folks, it is for everyone. Not only because it is easy to use, but because it is absolutely essential if you own a business. If you own a food truck and have go...
3 Tips For Delegating Work At Your Food Truck 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...
Ways To Take Your Food Truck Business To The Next Level During Summer 2018 With Summer 2018 right around the corner, we figured now would be the perfect time to highlight some things food truck owners can incorporate in hopes of having a successful summer at their mobile kit...
Flashback Friday: A Look Back At Some Invaluable Food Truck Maintenance Tips Yet another Friday is here, which means another edition of Flashback Friday is among us as well! For the purposes of this week's edition of Flashback Friday, we are going to go way back (all the wa...
Don’t Make These Mistakes If You Are A Food Truck Business Owner People make mistakes all the time. The key is to limit the mistakes, and to also learn from them when you do make them. Of course, that's easier said than done, especially if you don't even know yo...
You May Also Like...  The Best FoodTruckr Advice For Mobile Kitchen Owners From Last Week: Jan. 22-28

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