A food cart is a business you can start on small capital, ranging from P30,000 to a maximum of P300,000, says Josm Rosuello, president of the Foodcart Association of the Philippines. Ease of set-up, low capital requirement, and high chances of success are making food carts the business of choice of many aspiring entrepreneurs. It’s also cheaper and easier to put up than restaurants.
In fact, even big fast-food chains are using food carts for their events or promotions. Another reason is that depending on your target market and marketing strategy, you can make a food cart either mobile or stationary. Read more