If you want to start a food business, your first thought might have been to start up a standard restaurant or shop that will exist in a solid building. While brick-and-mortar buildings can make your dream feel more official, there are other routes you can take to make your food business dream into a reality. One of those routes is going with a food truck instead. Here are a few of the main differences between owning a food truck business and a standard restaurant or shop to help you make the decision best for you.
- Costs: One of the main differences between owning a food truck business and a standard restaurant is the initial cost. In both cases, you have to pay for the start-up fees, licensing, etc., but a restaurant requires you to pay to rent a whole building, while paying for a truck will likely be cheaper.
- Flexibility: With a standard restaurant, your food business is set in one permanent location, and you’re expected to keep regular hours that don’t fluctuate. A food truck business offers more flexibility in the way that you can move your location as often as needed and change your hours every once in a while to better fit your own schedule.
- Customer base: Because a standard restaurant is in a permanent location, you likely get to know your customers on a more personal level as you start seeing some regulars. With a food truck business, you can still have return customers, but you can also have the opportunity to expand your customer base by going to different locations where there might be higher return opportunities.
Both starting a restaurant and starting a food truck business have their own pros and cons. It’s important to choose whichever one you think would fit your lifestyle and preferences best. Give us a call if you would like to learn more.