10 Reasons why food cart business is a top choice of start-up entrepreneurs:
- Carts require small capital
- Carts have low space rental cost and easy to get a location (needs only 2-3 sqm)
- Carts are easy to launch
- Carts are easier to manage and operate
- Carts are easy to transfer if the location is not good.
- Carts need only 1 to 2 sales staff
- Carts have low maintenance cost
- Carts are ideal for businesses offering limited products.
- It is easy to expand or duplicate a cart business
- Faster ROI (return of investment) of 2-4 months
But… a food cart owner must:
- Love the products he/she is selling.
- Be willing, committed, and dedicated to manage.
- Know basic management and entrepreneurial skills.
- Be self motivated with selling initiatives.
- Have a capacity to invest in a small business.
- Have local knowledge of the area where you want to set up.
