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 Ways Food Truck Owners Can Break Up Their Days

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...  How to Start a Food Truck 09: Write a Business Plan

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

These Food Truck Guides Are All Aspiring And Current Food Truck Owners Need To 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...
4 Ways a Website Brings More Hungry Customers to Your Truck A vehicle, a menu, and a place to park—these are the essentials your food truck needs before you can open for business. Once you're ready to expand, you might branch out by sharing your location throu...
How You Know You Were Born To Be A Food Truck Owner Were you born to be a food truck owner? Have you always wanted to own your own sit-down restaurant or food truck? If so, then you were likely born for the great industry that is the food truck indu...
Delicious Foods Everyone Should Be Enjoying This Fall Fall is coming. This means a few things. For one, the leaves are going to start changing colors (and falling), the temperatures are going to drop, the nights will become longer, the days shorter, foot...
How to Run a Food Truck 18: Be Consistent In last week’s “How to Run a Food Truck” lesson, we explained how achieving a healthy work/life balance and establishing a regular routine can make you a more effective business owner. Today, we’d lik...
How to Run a Food Truck 25: Set Up a Catering Business In the last “How to Run a Food Truck” lesson, we explored the potential opportunities open to FoodTruckrs who are interested in expanding their businesses to include events. Today, we’ll tackle a simi...
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...
How to Start a Food Truck 21: Create a Logo and Truck Design This month on “How to Start a Food Truck, our content focuses on helping you make the best first impression possible on your customers. We kicked off Unit 6 last week with an important lesson on estab...
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...
Throwback Thursday: A Look Back At Jan. 25, 2017 At FoodTruckr While there wasn't necessarily an article written on Jan. 25, 2017 here at FoodTruckr, an article was published on Jan. 24, 2017 ... and another on Jan. 26, 2017. So, in the spirit of it being Thro...
How All Food Truck Entrepreneurs Should Approach Their Goals 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...
Throwback Thursday: How Food Truck Owners Can Conquer Their Goals In The New Year With 2018 right around the corner (can you believe it's already Nov. 15?!), we decided to dish out a special treat for food truck owners for this week's edition of Throwback Thursday. Below, we wil...
Food Trucks That Are Perfect For Coffee Lovers You know why we love the food truck industry? Simple. Because there are so many different trucks to choose from, meaning the food options are limitless. Case in point: There are plenty of food truc...
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...
Flashback Friday: A Look Back At Invaluable Business Advice At FoodTruckr 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

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