How Entrepreneurs Can Branch Out In The Food Truck Industry

Entrepreneurs

There are many ways to take your food truck business to the next level in the food truck industry. This is something that all entrepreneurs strive for. Getting the business up and running is the initial goal, but growing the business to great heights is the ultimate goal.

So, how can entrepreneurs branch out in the food truck industry, which could lead to you getting the most out of your mobile kitchen? We have come up with four ways to achieve that feat.

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.

How Entrepreneurs Can Branch Out In The Food Truck Industry

  • Start Catering On The Side
  • Open Up More Locations
  • Franchise Your Food Trucks
  • Take Your Business To The Next Level With A Sit-Down Restaurant

Start Catering On The SideEntrepreneurs

Setting up shop at your normal location is likely going to be your main revenue source. This is likely where you are going to spend most of your time running your business. However, entrepreneurs can make another source of income by catering on the side. This does not have to be a full-time gig. Nonetheless, it can lead to a big-time revenue source if done properly.

Open Up More Locations

When your food truck business is really thriving, you can start opening up more locations. However, you have to make sure you are 100 percent ready for this step, from a money and personnel standpoint. If you have more than one truck, then you also can’t be at both places at once.

You May Also Like...  3 Struggles Food Truck Owners Will Face In The Mobile Kitchen Industry

While this will lead to more business, which will/should lead to more money, it is critical that you have the means from a money perspective to make this happen. Entrepreneurs also have to have employees and managers who they can count on to make this dream come true.

Franchise Your Food Trucks

If you are really successful in this industry, then you might be able to franchise your trucks at some point. For this to happen, your food truck brand has to be very strong. You also need to make sure the right people are franchising your trucks.

This is a great way to not only branch out in this industry, but grow your business even further.

RELATED: Reasons Why Entrepreneurs Should Break Into The Food Truck Industry. Are you an entrepreneur? If so, you might want to look into the food truck industry.

Take Your Business To The Next Level With A Sit-Down RestaurantEntrepreneurs

The main reason you entered the food truck industry was to eventually turn your food truck into a sit-down restaurant at some point. Does that sound familiar to anyone?

The benefits behind doing this are endless, but that doesn’t mean every food-truck-turned-restaurant is a success.

This is a great way to branch out, and it is a fine way to take your business to the next level. If you are thinking about taking this step, then there are so many questions you need to answer first. For instance, how will a sit-down restaurant affect your business model?

There are many ways to branch out in this industry. Although these ways might not be the easiest options, many culinary entrepreneurs have likely considered them before.

You May Also Like...  Throwback Thursday: A Look Back At FoodTruckr's Interview With The Mobile Pub

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

Why A Food Truck Is A No-Brainer For Catering An Event If you are looking for the perfect catering service for an event -- whether it be a party, wedding, family reunion, parade, festival or you name it -- then you should look no further than a food truck...
Reasons Why Food Truck Business Owners Should Add Catering To The Mix When it comes to the food truck industry, it is important to have an edge -- or two -- over your competition. If you are new to the industry, finding that edge might be easier said than done. Lucki...
Should You Spend A Lot Of Money For Your Food Truck’s Grand Opening? You finally purchased your food truck and got it customized to fit all of your needs (not to mention, it has your awesome logo on it!). You knocked your business plan out of the park. You have your me...
Looking To Start A Food Truck Business? FoodTruckr Has You Covered! 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...
FoodTruckr Heroes: Monster PBJ We’re suckers for a truck with personality, and our latest FoodTruckr Hero has totally stolen our hearts. Monster PBJ out of Houston, Texas is an all-vegetarian and vegan/gluten-free friendly truck...
The Best Foods To Eat At Food Trucks This Summer The summer is calling your name. After all, it is officially summer, so foodies, people who love food trucks and everyone in general can rejoice. To get ready for the summer heat, it is important t...
FoodTruckr Heroes: Chef Joe Youkhan’s Tasting Spoon Truth time: the food truck industry isn’t for the lazy or weak of heart. Notoriously restrictive local laws make it tough to even get a truck up and running.  Then, if you manage to open a food tru...
Why It’s Okay If Entrepreneurs Fail In The Food Truck Industry The word "fail" gets a bad rap. After all, we don't associate some of the most successful people in the world with failure, we associate them with success. However, every successful person comes fa...
Why Food Truck Owners Can’t Afford To Have Bad Customer Service How's your customer service game looking, food truck owners? The only acceptable answer to that question: Amazing, great, excellent or something along those lines. While the foundation of your f...
How To Make Your Food Truck Business More Profitable We all want to make more money, right? Well, you likely didn't enter the food truck industry to be an instant success. No, you entered this industry to follow your dreams, to live out your true passio...
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...
Inspiring Quotes For Food Truck Owners Everyone looks for inspiration. Whether it is daily, once a month or longer than that, we all need motivation, and we look to others for said motivation. That is why inspiring quotes are so important,...
How to Run a Food Truck 06: Handle Customer Disputes Last week on “How to Run a Food Truck,” we covered one of the most important topics we’ve ever written about here on FoodTruckr—how to deliver excellent service to your customers. Good customer servic...
What Financing Can Do For Your Food Truck Business Editor’s Note: Today we’re excited to present a guest post from JSL Financial. JSL Financial specializes in providing hassle-free financing for small and medium sized businesses. You can find out more...
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...

About the Author

Jeremy

Jeremy Adams is the President/CEO of Prestige Food Trucks, which is the world's leading custom food truck manufacturer. In his current role as President/CEO, Jeremy manages dozens of employees, interacts with clients, and maintains a healthy relationship with all of his business partners. Since Prestige, Jeremy has launched many other successful companies.

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