No Easy Street for food truck entrepreneurs Food trucks are a $960 million business and are projected to hit $1.1 billion in 2022, according to a report by IBISWorld. But the researcher also found that growth in the food truck industry is slowing due to increased competition, low profit margins and municipal regulations. (USA Today)
Food entrepreneur: ‘You’re always firefighting as a small business’ Cookbook writer and business owner Anjum Anand talks about breaking stereotypes around Indian food, what it’s like working as a husband-wife team, and the importance of authenticity (The Guardian)
Strict regulations that don't do anything for consumers and only act as govt granted pseudo-monopolies is nothing new, but it still disappoints me every time I read about it. Thanks for sharing.
Starting to see a lot of these trucks for sale on Craigslist, both new and used. I just don't see how they can be viable on their own. Makes more sense for someone that has a brick & mortar restaurant to run on the side.