You hàve this great idea for a restaurant or a yummy family recipe that you think people might bite into. You want to go into the food business. Like mentioned before, the restaurant business is the most challenging business to start. Majority restaurants don’t survive the first few years of opening. A cheaper alternative is to set up your food truck to try and see if your Grandma’s Recipe will go down well the people.
Here is an article on the pros and cons of setting up a food truck business as oppose to a restaurant. Below is an exceprt from the article, if you want to know click on the link below.
Developing your concept
So, everyone raves about your signature dish, and the desire to start your own food business has been burning for a while. Before you get started, a strong sense of your unique concept is essential.
Generating ideas will help you to focus on why you are starting a business, and it pays to take in the bigger picture before narrowing back to your strengths. The process of refining your idea will help with deciding whether you opt for a food truck or a restaurant.
This is where you should be asking yourself the big questions—such as what you’re looking for in a business. Running a business is as much a lifestyle choice as it is a career path, and the lifestyle that comes with running a food truck is very different from the lifestyle that comes with running a restaurant.
Food trucks have the benefit of mobility and moving to where the customers are; however, that also means that a lot more time is going to be spent in transit, or updating social media and chasing new catering opportunities. Restaurants might offer less flexibility, but if what you’re looking for is something with known hours and a regular customer base, then it is potentially a better choice.
Click here to know more, Restaurant or Food Truck: Which Is Better for a Beginner?