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...  Reasons Why Your Food Truck Business Needs To Create Content

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

Flashback Friday: The 10 Commandments Of Customer Relationships We have an extra special treat for FoodTruckrs on this fine fall afternoon, and it is, of course, coming in the form of a Flashback Friday adventure. On Nov. 13, 2013, FoodTruckr did a piece titled...
Reasons Why We Love The Food Truck Industry The food truck industry is awesome -- there is really no other way to put it. Why do we love the food truck industry today? Well, we will be giving you some golden reasons why we love this magical and...
FS027: How to Keep a Food Truck in Business with Yvonne from Brown Shuga Soul Food Warning: Your mouth might water just hearing about this food truck. Brown Shuga Soul Food has been serving up pulled pork, ribs, mac-n-cheese, and more for nearly four years, and Chef Yvonne Ander...
Is Facebook Messenger Marketing Important For Food Truck Owners? Keeping up with digital marketing trends and strategies isn't easy when you're cooking and serving at your food truck five to seven days a week, as well as managing employees, keeping up with inventor...
3 Los Angeles Food Trucks That Foodies Need To Try Immediately Los Angeles, California is flooding with amazing food trucks. In fact, if you are a fan of food (who isn't?), or are wanting to join the mobile kitchen industry, then L.A. might be the perfect place f...
Throwback Thursday: Keep Up With Food Industry Trends Do you stay up to date on all of the latest trends when it comes to the food truck industry, FoodTruckrs? Not everyone does, but for the purposes of this Throwback Thursday article, we are going to...
FoodTruckr Heroes: Our Five Favorite Dessert Trucks There are some holidays we wish we could celebrate year-round—holidays that truly deserve more than a single day of honor and acclaim. Today is one of those events, and we’ve got a special FoodTruckr ...
How to Run a Food Truck 19: Promote Your Truck Through Yelp After you learned how to be a better business owner in our last unit with lessons on topics like tracking your food truck’s metrics, preparing for health inspections, and being consistent, we bet you’...
Great Practices Your Food Truck Should Incorporate During The Slow Season With fall almost here, the temperatures are going to start dropping. If you live in a colder climate, then this could mean bad news if you are a food truck owner. If you live in a place like Southern ...
Throwback Thursday: A Look Back At When The Food Truck Growth Kit Arrived In the spirit of it being Throwback Thursday tomorrow (Jan. 11), let's go back in time to May 26, 2015. On that day, a growth kit was released that changed the game, and it is known as The Food Tru...
#FoodTruckFan: Guilty Pleasures What's your guilty pleasure? Mine's a grilled cheese sandwich: bread grilled until it's dark and crunchy, cheese that's impossibly melty, a bit of melted butter on my fingers. As a child, the grill...
Create Sticky Memories to Build Long-Lasting Fans Editor’s Note: Today we’re excited to bring you another guest post from Mike Kelley, a software and business consultant from Arlington, TX. Mike approached us and offered to share his experiences from...
Things No One Tells You About Owning A Food Truck Business Lesson No. 1: Owning a food truck business is tough -- and that is quite an understatement. However, there are many people out there who decide not to own a sit-down restaurant and pick a food truck i...
FS021- Quitting Wall Street to Start a Food Truck with Jeremie and Nissa Banet Imagine having a job that you've worked hard to earn, making great money, and then quitting entirely to do something completely brand new. Well, that's exactly what today's guest, Jeremie Banet...
Throwback Thursday: Practice Plating And Presentation At Your Food Truck Another week of Throwback Thursday is here, and for this week's edition, we want to focus on the food. As many food truck owners likely already know, plating and presentation is very important, esp...

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