3 Ways For Food Truck Owners To Gain More Money

Money

Money … it’s the one thing we all want more of.

So, how can you make more money at your food truck business?

In all honesty, it depends on your business. It depends on what you have and haven’t done. It depends on what you are willing to try, how long you are willing to work and how much you hustle.

With that said, there are three ways food truck owners can gain more money, and said three ways can be found below.

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.

3 Ways For Food Truck Owners To Gain More Money

(3) Sell Product In Bulk, And Sell Merchandise

You might have tried this tactic already, and maybe you haven’t. Let’s start this twofer off with the selling-product-in-bulk aspect.

We aren’t breaking new ground here. Plenty of restaurants sell their food in bulk, or make it accessible, if you will, outside of their business. While it might be hard to sell your food in stores, and you might also not want to take that drastic of a measure, you can still sell your food in bulk.

As an example (and one we have used in the past), if your food truck business specializes in, say, jam, you can sell your jam in jars to your customers on top of making food as customers order it. The key is moving more product, which will lead to an increase in revenue.

You May Also Like...  10 Things Food Truck Owners Have To Overcome

On to the second part.

You can sell merchandise at your food truck or online. This merchandise can be bottle openers, shirts, stickers — you name it. You can also give these types of things out for free in hopes of spreading awareness.

The key with this step, and the steps that follow, is creating another stream of income. Just remember: Every penny counts.

(2) Enter More Catering Gigs

This is one of the easiest ways to gain more money at your food truck, because it can lead to a great deal of money in just one day’s worth of work. With that in mind, landing catering gig clients is likely easier said than done, but like with all things in life, the more you practice it, the easier it will become.

Catering gigs are great because you are getting your food truck’s name out there, you typically know what you stand to make going into a gig (although that’s not always the case) and one gig can lead to another.

If you are looking to add a stream of income into the mix in 2018, then it should definitely be catering gigs.

Note: These gigs can vary quite drastically, from weddings to birthday parties to food truck events to … well, the list could go on and on.

Looking for Food Trucks For Sale? Check out this link for more details!

Exposure

RELATED: 15 Motivational Quotes For Food Truck Owners In 2018

(1) Gain More Knowledge

Gaining more knowledge isn’t going to directly lead you to a pile of cash, but that could be the case in time. After all, the more you learn, the more you earn.

You May Also Like...  Why Prospective Mobile Kitchen Owners Should Bring Financing Into The Mix

Learn more about business, about the food truck industry, about social media, about marketing and advertising, about the food industry, about managing employees, about living a balanced lifestyle, etc.

If you want to be the best food truck owner you can possibly be, then you can never stop the journey that is learning. We live in a day and age in which an overload of information is out there for the taking … and for free!

About to join the food truck industry? If so, then make sure to check out the How to Start a Food Truck: The Definitive Guide.

Whether you do something as simple as reading an article or book, or go to conferences, you need to continue learning. The more knowledge you gain, and the more you apply that knowledge to your business, the more money you will make. That tends to be the case for any industry and profession. Take advantage of the information galore era we live in!

While there are plenty of ways to make more money in the food truck industry, we hope you can apply the three ways above to your business in some fashion.

If you liked this article, then we encourage you to share your feedback, advice, questions and/or stories below!

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

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

FS017- Food Truck Propane Safety with PERC On July 1st, 2014, a horrific and tragic event happened in Feltonville, Philadelphia when a food truck exploded, injuring 13 people, including 2 critical injuries. Sadly, the two people who wer...
How To Update Your Food Truck Menu For Halloween Editor’s Note: Today we’re excited to present a post from Nicholas Walker. Nicholas has been working for UK Edu Birdie for one year, and he thinks he has found a dream job for himself. His hobbies are...
Now Is The Perfect Time For Food Truck Owners To Make New Goals For 2017 December is just around the corner, which means 2017 is also just around the corner. Are you ready for the new year, food truck owners? Now is the perfect time for food truck owners to make new goa...
3 Tweaks That Might Help Your Food Truck Business Achieve More Success 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...
3 Ways To Hold Yourself Accountable To Your Food Truck Goals In 2018 Everyone's goal-making process is different. Likewise, everyone holds themselves accountable to their goals in different ways. Some people have to tell their loved ones about their goals and then h...
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...
Los Angeles Vegan Food Trucks That Foodies Need To Try Immediately Los Angeles is absolutely flooding with amazing food trucks. In the spirit of that thinking, we are about to unleash three Los Angeles vegan food trucks that foodies need to try ASAP. As a frien...
Announcement: FoodTruckr Is Back From Vacation! FoodTruckrs, the big announcement you’ve been waiting for is finally here: We are back from vacation! Whether you are new to FoodTruckr or have been following us since the beginning, we want to wel...
Food Truck Marketing 101 Infographic Editor’s Note: Today we’re excited to present a guest post from Adrian Cordiner. Adrian is a writer for nisbets.com.au. He is passionate about food, business, marketing, and technology, and never gets...
Advanced Food Truck Tactics: Stop Getting Screwed By Crap Events If you're already running a food truck, there's something we need to talk about. Because I'll put money on the fact that you either have been or currently are getting screwed by crap events. To help, ...
Is Your Food Truck Business Ready For Spring? Spring is just around the corner. In fact, it goes down this month, on March 20. Therefore, let's pose the big question for food truck owners: Is your food truck business ready for spring? First th...
The 12 Days of FoodTruckr: 12 Reasons We Love Food Trucks On the twelfth day of Christmas, FoodTruckr’s giving you… 12 Reasons We Love Food Trucks! Merry Christmas, FoodTruckrs! We’ve had such a great time celebrating the holidays with you, and we couldn’t...
5 Unique Things Food Truck Business Owners Should Do Every Day If you add up every single task, then there are probably 100 things food truck business owners should do every day -- at least. However, let's broaden the horizon a bit and not look at the obvious. ...
Learn The Importance Of Running Your Numbers When Owning A Food Truck Business In This Video 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 o...
Throwback Thursday: Decide What You’ll Sell At Your Food Truck For this week's edition of Throwback Thursday, we decided to talk about the main ingredient of a food truck business, which is, of course, the food. Therefore, we are going all the way back to Jan....

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