Why New Food Truck Owners Could Use Some Startup Capital

Startup Capital

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 about JSL Financial by checking out their website.

Entering the food truck industry is not cheap.

Sure, many people opt to buy a mobile kitchen over opening up a sit-down restaurant for the simple fact that it is cheaper in the short-term and long-term, but that still doesn’t mean it is cheap to buy a food truck. Not to mention, there are still plenty of risks. After all, you are having to use a ton of money to buy the food truck, and everything else that is needed to run a mobile catering business.

With that in mind, let’s pose the question we have all been waiting for: Why could food truck owners use some startup capital?

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.

Simple. Startup capital alone could help you stay afloat in the food truck industry. Startup capital could help you buy the food truck, the food truck equipment, inventory, etc.Startup Capital

Startup capital is perfect for food truck owners who are struggling to pay for their food truck (food truck financing is a very valuable weapon if you are struggling with this problem), or simply don’t have a year’s worth of salary saved up. Once again, startup capital can help mobile kitchen owners stay afloat in this industry. It can help when it comes to paying employees, it can be used for marketing, it can be used for, well, anything that relates to your business, really.

You May Also Like...  Trends That Matter For Your Food Truck Digital Marketing Efforts

This is not a get-rich-quick scheme, so you need a plan when it comes to your finances. How are you going to make enough money to pay employees, everything it takes to run a business and still have some money leftover to pay yourself? If you are struggling in any of those departments, then startup capital could help you have a smooth start.

With that in mind, it is essential that you have a plan to pay back the money, whether you receive it from a bank, an investor or friends/family.

RELATED: Why Food Truck Owners Can’t Afford To Have Bad Customer Service. Bad customer service alone could sink a mobile kitchen business.

Startup capital is perfect for any food truck owner who simply needs help with money, whether it comes to something as extreme as purchasing a food truck and all of the equipment, or something more simple, such as buying some inventory.

Looking to build a new custom food truck? Check out this link for more details!

Looking for financing to start or grow an existing food truck? JSL Financial has you covered.

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

Showing Love For The Food Truck Industry With the busy season right around the corner (for some food trucks, the busy months might have already started), it would not be a surprise to see more and more food trucks hitting the streets on a da...
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...
Work Ethics & Etiquette For FoodTruckrs As a food truck owner, you have to continue to cook high-quality food and make your customers happy. However, there are an endless amount of other ingredients a food truck owner has to juggle, such...
FoodTruckr Heroes: Bakin’ Bakery This week’s FoodTruckr Hero has earned a spot in our Hall of Fame before even opening for business.  That’s an impressive feat—but this future food truck owner really made an impression on us! Meet...
Tips To Stay Motivated As A Food Truck Owner Staying motivated isn't easy when you're trying to conquer your dreams. When you're first getting started, motivation is flooding in. However, when you're finally working in your dream job or field...
Everything FoodTruckr Has Published Relating To Entrepreneurship In 2017 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...
FS008- Understanding Health Codes – A Conversation with Matt from the Minnesota Department of ... On today's episode of FoodTruckr School, I'm happy to welcome Matt Finkenbiner from the Minnesota Department of Health. Matt is here to help us understand more about the process of health codes...
Flashback Friday: Market Like An Advanced Food Truck Owner As you have likely heard so many times before, being a food truck owner takes so much more than cooking food and serving customers. Things like being a boss/manger/leader will come into play. Netwo...
FS004- Best Practices for Sharing Your Location and Using Social Media with Matt Berkland from Truck... In this episode of FoodTruckr School, we talk with Matt Berkland from Truckily.com about best practices and tips for sharing your location on social media. How often do you share your location...
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...
10 Food Holidays Mobile Kitchen Owners Should Watch Out For In February 2018 Can you believe it's almost February? It seems like it was just yesterday when we were celebrating the new year that is 2018. We hope your year is off to a great start, FoodTruckrs, and we also hop...
5 Steps To Keep A Positive Vibe At Your Food Truck No matter how passionate you are about cooking and how sales are doing, you have to keep a positive vibe at your food truck. After all, doing so will lead to good morale all the way to happy custom...
Throwback Thursday: Order And Stock Supplies For Food Trucks Are you new to the food truck industry? If so, then you likely have a million different things racing through your mind, such as locations, permits, your food, customers, social media, employees, i...
Barroluco Argentine Comfort Food Is Bringing Delicious Argentine Dishes To The Food Truck Industry The food truck industry is an amazing industry for so many different reasons. If you are a food lover, then this industry is second-to-none thanks to the great meals that are served up on a daily basi...
Every Food Truck Business Owner Makes Mistakes — And That’s Okay No matter what industry you're trying to conquer, mistakes will occur. That's not the issue. The issue is not learning from these mistakes and growing from them. Another issue is being hard on your...

About the Author

FoodTruckr

FoodTruckr is the #1 online destination for current and aspiring food truck owners looking to succeed in the mobile food industry. Self described “food truck devotees,” the FoodTruckr team enjoys reading about successful entrepreneurs, salivating over photos of burritos on Twitter, and long walks through food truck parks. Chat with FoodTruckr on Facebook or check out the FoodTruckr School podcast for more awesome tips to level up your business.

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