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The Complete Idiot's Guide to Starting a Food Truck Business by Alan Philips

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Chapter

15

Protecting Your Business

In This Chapter

Setting up breakeven, sales, and expense reports

Watching your cash flow

Performing operations reviews

Once your food truck is open for business, you may find yourself asking if you’re running it or it’s running you. To be successful, you need to be proactive, not reactive. And to be proactive, you need to set up an accurate system to evaluate your success.

The only way to determine how well you’re doing is to examine the numbers. That’s not to say that common sense, intuition, and your business experience aren’t valuable tools to gauge the success of your enterprise. But at the end of the day, it’s vital you know the brutal truth, and numbers never lie. Don’t fool yourself with press ...

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