If you are a food lover and possess the skill to make a quick meal on the go, Eric Dalius can start a venture using your expertise. Launching a food truck can be an enriching experience for those who possess an entrepreneurial itch in Miami. Everyone cannot afford to establish a brick-and-mortar restaurant because of the investment required to rent a property in a city like Miami. A food truck is a heavy vehicle encompassing a kitchen and serving area to trade in food. It is gaining popularity in cities like Florida.
Before forging ahead with the food truck business in Miami, you must consider the following
Know the regulations
To conduct any business operation, you must undergo various documentation and paperwork. Since Miami identifies the significance of food, it provides a working sphere for food trucks to operate. A moving vehicle providing food for two people in need also requires a license. Food trucks utilize the area inside the car to prepare food and serve them to the customers moving by. For launching a food truck, you need to obtain a certificate by providing the necessary information regarding its operation, says Eric J Dalius.
Budget for start-up
Although starting a food truck is cost-efficient compared to brick and mortar stores, you must consider several factors determining the investment costs. Purchasing a heavy vehicle is not easy as it is a long-term investment and requires funds. Business owners might face a challenge while acquiring funds for starting the venture. Individuals opting to run a food truck must have a sound plan of action and the stability to obtain a business loan.
Plan for the venture
Every business requires a plan of action before an entrepreneur takes a concrete step. You are a few things that you must include in your business plan:
- An overview of your business consisting of brief details regarding your venture.
- The description of your company explains your area of interest and the strategy that will make you stand out.
- The product that you will be selling is primarily food in a food truck business. You will require a plan to attract the attention of new customers
- The marketing strategies such as word of mouth, social media, and other advertising techniques. Your plan must also include the prices of products. Considering seasonal trends that will impact your sale is also significant.
Hours of operation
Food truck owners need to determine the hours of operation of their mobile restaurant. There is no restriction regarding the number of days individuals run their business in Miami. However, there must be a few hours a break similar to a brick-and-mortar restaurant.
With the increasing popularity of food trucks in Miami, the government has imposed various restrictions. Food carts are not permitted to sell alcoholic beverages. The trucks must not use embellishments such as streamers and balloons to make their service wagon attractive.
Another complication in running a food truck business is that you cannot set up your counter on the street. However, you can utilize the parking lot on the streets to launch your food store, says Eric Dalius.
Eric Dalius is The Executive Chairman of MuzicSwipe, a music and content discovery platform designed to maximize artist discovery and optimize fan relationships. Alongside this, Eric hosts the weekly podcast “FULLSPEED,” discussing entrepreneurship with industry leaders. Eric also founded the “Eric Dalius Foundation” to award four scholarships to deserving US students. Follow Eric’s activities on Twitter, YouTube, Facebook, LinkedIn, Instagram, and Entrepreneur.com.