Food trucks combine the liability risks of both a restaurant and a commercial vehicle operation. You face exposure from foodborne illness, vehicle accidents, propane explosions, and employee burns. An LLC is also typically required to obtain a food service permit, commercial parking agreements, and event vendor contracts. Rio Rancho is home to ~6K businesses and has a population of 104K, making it a thriving market for food trucks. Forming your LLC in NM provides personal asset protection and positions your food trucks business for growth in the Rio Rancho metro area.