Killer Small Business Ideas

5. Food truck

While the restaurant business is notorious for its failure rate of 60 to 90 percent, the risk for food trucks is much lower, swaying at a pretty safe 10 to 20 percent. The obvious advantage of a mobile eatery is that you can create your brand and location without investing a fortune (check out the movie “Chef” to start up your motivation engine). It also allows you to scout out the markets demands in a much more adaptable way, by moving from one spot in town to another without any major efforts. Furthermore, according to a study conducted by Intuit and Emergent Research, revenue in the food truck industry is expected to reach $2.7 billion by 2017.