For our next client spotlight, we are showing off a new member of the Insure My Food Truck family from The Lone Star State. Texas is one of the most popular states for food trucks and trailers, according to Forbes the state accounts for about 6% of all food trucks in the country! With so much competition only the best trucks stand out, and of those is our new client, Gobble-n-Go.
Every now and then we like to spotlight staff at Insure My Food Truck. We have awesome people here that we want to share with the world. Here is a glimpse of Ryan Snyder who has been on board for several months now and helps prospective clients become part of the Insure My Food Truck (IMFT) Family! If you have requested a recently quote, there's a good chance you have talked to or worked with Ryan.
When it comes down to it, your employees are working for you so they can get paid. In a perfect world, you could pay your awesome employees a six figure salary, because we know that you (and your staff!) feel they deserve it. However, there are other ways to get some extra cash in their pockets. Tips are always welcomed by your hardworking employees, and there are different methods that can be used to try to maximize the amount they receive.
Almost every business has a way to generate more revenue very easily, food trucks are no exception. Every food truck I have ever visited typically sells add-ons, drinks and sides, but rarely am I asked to upgrade my meal. There are most likely three reasons your staff are not asking. They are either ignorant, lazy, or scared
Insurance can be complicated. It may be one of your least favorite things to deal with as a food truck owner. One of the reasons it can be painful is because some insurance carriers and brokers make it difficult for you. There are cheap insurance program out there that offer basic liaiblity insurance that is self-service. That's fine, but what about your auto insurance, how about your equipment breakdown coverage and most of all what about your loss of business income insurance...?
So you want to start a food truck... Great! Food trucks can provide amazing opportunities for expansion, restaurant ownership and a way to get your name and signature dishes in front the public. They still remain one of the fastest and least expensive ways to start a food service business. However, before you drop thousands of your hard earned dollars or take out a loan to start your food truck, consider taking a temporary job or volunteering to shadow a current food truck operator before you make the jump.
One of our preferred carriers has come up with a great video that goes over seven tips for buying insurance. Hanover Insurance is a program partner carrier for our food truck clients and these tips are excellent for food truck operators as well as most business insurance consumers. Please spend a couple minutes to watch the video here https://www.hanover.com/marketing/video/seven-tips-to-buying-insurance.html. The tips are also below if video is not your thing.