Before anything else, you should decide whether to get a franchise or start your own food cart business. There’s no better choice, and it all depends on your skills and resources. Franchising will save you time in planning and execution, but it will cost a lot more. Also, you’ll have less control over the business and would need to follow the terms of the franchisor. It’s more affordable to start your own business, but you’ll need to do everything — think of a business name, design your logo, find suppliers, and many other tasks.
A business plan is your blueprint for success. Writing one allows you to run your business on paper, and will help you visualize all the tasks you’ll need to execute. Moreover, a comprehensive business plan will be useful if you need to find partners or investors for your venture. Having one gives an impression that you’re committed to succeed.