After your concept, marketing and financial sections, add support materials, such as your qualifications, menus, budgets and bids you’ve received on trucks.
Sam Ashe-Edmunds has been writing and lecturing for decades.
Divide your operating costs into overhead and production.
Overhead costs include expenses such as salaries or wages, marketing, credit card processing, truck payments, gas, parking and debt service.
Business plans also include a market analysis: who’s your competition and who are your intended audience?
Writing a business plan can feel a little (or a lot) like homework, but in the end it will only benefit your food truck business, offering a well mapped strategy for success.
Create several budgets for potential investors or lenders, as well as to help you operate.
Start with a master budget that shows your projected first-year operating expenses, start-up expense debt-service and sales.
He has worked in the corporate and nonprofit arenas as a C-Suite executive, serving on several nonprofit boards.
He is an internationally traveled sport science writer and lecturer.