Food Truck Business

A Food Commissary provides:

• Storage for food and supplies.

• Cooking facilities to prepare the food for sale and consumption.

• A way for a customer to pay for goods or services.

• Both a storage and cooking facility.

POS or Point of Sale is:

• Storage for food and supplies.

• A way for the customer to pay for goods or services.

• A unique selling point.

• A target market.

A target market is:

• The amount it costs to start a business.

• How the customer pays for goods or services.

• A particular group of consumers at which a product or service is aimed.

Start up costs are:

• The amount it costs to finance a new business.

• The amount it costs for the day-to-day administration and maintenance of a business.

• The amount it costs to start up your truck to drive it.

Ongoing costs are:

• The amount it costs to finance a new business.

• The amount it costs for the day-to-day administration and maintenance of a business.

• The amount it costs to have your truck towed when it doesn't start.

The cost of building a website:

• Is a wide range because it depends on how many features you want on your site.

• Is a wide range because you can build it yourself or hire it done.

• Both answers are correct.

USP stands for:

• United States Pharmaceuticals

• University of South Pacific

• United Service Plan

• Unique Selling Point

True or False: Strategic selling locations are important because you want to be accessible to your target market.

• True

• False

Which of the following is NOT a critical risk factor for a mobile business truck?

• Weather conditions

• Location limitations

• A food commissary

• Truck performance issues

Ways to promote your business:

• Social media

• Crowd Funding

• Groupon

• All of these answers