Contents

Part 1:    Food Truck Basics

1   The Food Truck Revolution

 What Is a Food Truck?

 How It All Began

 What’s Driving the Growth?

The Recession

Technology

Foodie Culture and Social Media

 The World of Food Trucks

Taco Trucks: The Original

Pizza Trucks: It’s All About the Ovens

Dessert Trucks: Nighttime Sweetspots

Ice-Cream Trucks: Good-Bye, Good Humor

Dumpling Trucks: Simply Delicious

Burger Trucks: Look Out Mickey D’s, We’re the Burger Kings!

 Mediterranean Trucks: New York’s Taco Truck

2   Secrets of Food Truck Success

 Understanding the Business Model

Projecting Food and Labor Costs

Estimating Average Sales

Estimating Labor Costs

Determining Whether You Pass the Test

Testing Your Production Time

Hitching Your Truck to Three Revenue Streams

Estimating Commissary Costs

 Choosing an Authentic Concept

 Making Sure You Have Sufficient Start-Up Capital

 Generating Volume, Volume, Volume

Identifying Your Spots

Creating an Assembly Line

Getting from Place to Place Efficiently

 Achieving Consistency

Perfecting Your Recipes

Sampling Your Food

Training Your Staff

Taking Charge

Hiring Great People

 Adding Value

Creating an Emotional Attachment

Turning on the Personality

3   The Right Concept and Food

 Staying True to Who You Are

 Picking Your Niche

 Determining Your Cultural Perspective

 Knowing Who You’re Feeding

Profiling Your Food Truck Clientele

Meeting a Demand

 Matching Your Menu to Your Concept

Making the Proper Selections

Presenting Your Menu

 Pricing to Your Market

Calculating the Price-Value Relationship

Ensuring Profitability

Downplaying the Price for Customers

 Creating Your Brand

 Testing Your Concept with a Focus Group

4   The Right Truck

 Types of Trucks

Chevy Step Vans

Sprinters

Prefabricated Trucks

 Calculating Truck Costs

 Finding Your Truck

eBay and Craigslist

Truck Dealers and Auctions

Customizers

 Redesigning an Existing Truck

Choosing Your Equipment

Powering Your Vehicle

 Budgeting for Fuel and Maintenance

 Finding an Off-Truck Kitchen (Commissary)

5   The Right Location

 Being Mobile: The Pros and Cons

 Identifying Where You Should Park

Office Buildings and Office Parks

Residential Buildings

Large Events

Dorms and College Buildings

Seasonal Locations

Nightspots

Food Truck Lots

 Determining Where You’re Allowed to Park

 Considering Traffic

 Knowing Locations to Avoid

Low-Traffic Areas

Restaurant Rows

 Looking at Other Businesses in the Area

 Building Your Spots

Part 2:    The Mobile Food Mogul

6   Preparing Your Business Plan

 Why a Business Plan Matters

 Describing Your Concept, Brand, and Market

Your Identity

Your Market

Your Competition

 Forecasting Sales

 Forecasting Expenses

 Determining Your Breakeven

 Estimating Profits

 Choosing Your Business Structure

Sole Proprietorship

Partnership

Limited Partnership

Corporation

7   Finding Financing

 Knowing How Much Money You Need

Calculating Your Start-Up Costs

Calculating Operating Capital

 Determining Your Contribution

 Identifying Investors

Potential Partners

Silent Partners

Family and Friends

 What You Need to Show Potential Investors

 How to Structure an Investment

 Getting a Loan

What You Need to Show the Bank

Small Business Administration Loans

 Other Ways to Increase Liquidity

Supplier Credit

Sponsorships

8   Regulations and Licensing

 Knowing Your Local Laws

 Getting Permits and Required Licenses

 Following Health Codes

 Obtaining Health Inspections

 Staying on Top of Evolving Regulations

 Buying the Insurance You Need

General Liability Insurance

Commercial Auto Insurance

Finding an Agent and Asking the Right Questions

 Establishing a Domain Name and Trademark

9   Creating Your Marketing Plan

 Designing Your Brand Logo

Finding a Graphic Designer

 Creating Your Online Presence

Website

Twitter

Facebook and Foursquare

 Planning a Launch Event

 Reaching Out to Bloggers

 Working with the Mainstream Press

 Treating Every Day As an Event

 Making Social Media Your Friend

 Creating Strong Product and Personal Relationships

10   Setting Up Your Office

   Deciding Where to Put Your Office

   Creating a Communications Hub

Telephone

Internet Services

Fax

   Handling Payroll and Records

   Keeping Records

   Getting Outside Help

Part 3:    Getting Road Ready

11   Setting Up the “House”

   Understanding Your Unique Situation

   Designing the Exterior of Your Truck

Painting

Vinyl Wrap

Window

Awning

Drink Fridge

Exterior Menu Holder

Menu Board

   The Point of Sale System

Tablet Systems

Credit Cards

   Setting Up the Kitchen

Organization

Job Assignments

   Creating an Efficient Workflow

12   Hiring and Managing Staff

   How Many and What Positions?

   Getting the Right People On Board

Prep Cook

On-Truck Cook

Cashier/Greeter

The Hiring Process

   Training and Educating Your Staff

Setting the Right Tone

Training

Teaching the Importance of Customer Service

   Scheduling

   Setting Policies

   Motivating and Retaining Your Staff

13   Inventory and Maintenance

   Purchasing and Managing Supplies

Understanding the Role of the Purchasing Agent

Researching Your Product Options

Determining Preparation Time

Locating Suppliers

Comparison Shopping

Negotiating

   Inventory

Inventory Counts

Preventing Theft

Minimizing Waste

   Truck Maintenance

14   Food Preparation and Safety

   Working with Your Chef

   Keeping Your Kitchen Clean and Safe

Battling Illness

Preventing Cross-Contamination

Food Safety on the Truck and Off

Cleaning Supplies

Emergencies

Part 4:    Growing Your Business

15   Protecting Your Business

   Financial Reviews

Playing by the Numbers

Calculating Your Breakeven Report

Reviewing Daily Sales and Expenses

Generating an Income Statement

Performing a Cash Flow Analysis

   Evaluating Operations

Reviewing Your Menu Mix

Reviewing Purchasing and Inventory

16   Building Your Clientele

   Feedback: Listen to the People Who Feed You

Truck Conversations

Feedback Cards

Online Dialogue

   Responding to Criticism and Praise

Gathering and Listening to Employee Feedback

   Understanding Your Customers

Observing and Listening

Anticipating Their Desires

   Exceeding Expectations

Making Amends: Service Recovery

Strategies for Earning Customer Loyalty

Gathering Contact Information

17   Expanding Your Marketing Efforts

   The Compounding Cycle

Determining Your Message

The Campaign

The Steps

   Social Media

Doubletree CAREavan

Made for Mexicue

Chil’lantro BBQ

   Publicity

   Community Outreach

   Advertising

18   Food Truck Events and Opportunities

   Festivals

Getting Noticed

Getting Involved

Covering Costs

   Food Truck Lots

   Television

The Great Food Truck Race: Season 1

Top Chef

Throwdown! with Bobby Flay

   What’s Next?

19   One Truck or More?

   Lifecycle of a Hospitality Business

Stage One: Market Introduction

Stage Two: Growth

Stage Three: Maturity

Stage Four: Decline

   Making a Living from a Food Truck

   Am I Ready to Expand?

Demand

Capital Resources

Staff

Systems

Adding a Bricks-and-Mortar Location

   Identifying the Benefits of Expansion

   Watching for the Pitfalls of Expansion

   Selling Your Business

Appendixes

A     Glossary

B     Resources

C     Truck Tales

       Index

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