Looking for food truck expenses or cost tracking spreadsheet? For stocktake management in a warehouse or store, you must take care of everything.
In this article, the basic costs to start a food truck business and managing the monthly costs of a food truck using a food truck cost spreadsheet. Multiple stock-take businesses are using this kind of template for quick financial solution.
- Daily to weekly basis Truck expenses spreadsheet
- Easy stock-take management
- Can easily generate reporting & solution
- Excel-Based format (2007 to 2016)
- Truck Rent, Fueling and driver daily to weekly payroll management
Note: For custom template, you can request us.
Key Features Startup Food Truck Costs Spreadsheet
The word cost is usually referred to as the expenditures being incurred to start a business. The expenses paid to purchase fixed assets of a business are the same. Similarly, the monthly operational and non-operational expenditures to maintain the normality functionality of a business are referred to as expenses.
However, the term operational and non-operational costs can also be used for monthly expenses. As the monthly expenses sheet is one of the basic sheets of a business integrated with the revenues sheet to calculate the gain of the business.
The food truck cost spreadsheet template helps the owners to analyze what is the biggest chunk of business consuming a maximum of the total costs. Thus, the efforts can be made to track and control the food truck costs.
Another use of a food truck cost spreadsheet is to keep the monthly budget within the defined limit. So, the business owner can spare some time to have a deep look at the list of costs and think back if this cost is on genuine need. Further, the efforts can be made to reduce the food truck costs using the spreadsheet template.
Elements of Food Truck Cost Spreadsheet
The food truck cost spreadsheet has two main sections. The upper section enlists the start-up cost heads of the food truck business. While the lower section enlists the on-going cost heads of a food truck business.
Any individual can take the cost heads and make a ball-park estimate of starting a food truck business according to relevant state and laws.
The costs involved under the start-up cost head are
- Food Truck
- Wrap & Equipment
- Initial Inventory
- Licenses and Permits
- Social Forums
- POS System Registration
- Uniforms/Brand Shirts
- Paper Products
- Small wares
- Fire Extinguisher
Similarly, the on-going or monthly costs of food truck business that can be recorded using a food truck cost spreadsheet are:
- Repair and Maintenance
- Paper Product Restock
- Server ware
- POS System
How to use a Food Truck Cost Spreadsheet?
The importance of using a spreadsheet has been well justified in the above sections. Also, the basic elements of a food truck start-up and monthly costs are understood.
Now, it is important to understand how to use the food truck cost spreadsheet to get maximize the benefit. As the food truck cost spreadsheet is created using MS Excel or Google Sheets tools. Thus, it’s really easy to use, edit, and customize.
Further, the Google Sheets based spreadsheet is preferred as it can be accessed and managed via google cloud. Thus, it can be updated from anywhere and anytime.
Excel Template Custom Create
So, the food truck cost spreadsheet start-up section has five columns. The first column of the sheet enlists the expense description. While the next three columns include the estimation of expense as low, mean, and high. Further, the last column is to record the actual value of the expense.
Similarly, the on-going food truck costs section has4 main columns.
The first column of the spreadsheet enlists the expense description.
The 2nd column is used to write the budget allocation of the expense category. Further.
The 3rd column records the actual value of the expense.
Finally, the 4th column is productive to write the notes or comments of any irregularity.