Easy Way To Start Your Food Business

During these hard days, everyone is searching high and low for ways to earn and make both ends meet. Employment is one of the options. Unfortunately, not everyone can avail of this opportunity, either due to the limited availability of jobs or due to lack of qualifications for the jobs available.

Another means to earn is to go into business which I believe is a better and a more promising option. Here are some simple and practical steps that may guide you in putting up a food business the easy way:

1. Start! As in any endeavours in life, getting started is the most difficult part. Procrastination is the first hurdle we must overcome. We may have the best idea but it remains just that, an idea, until we do something tangible about it. How?

a. Set your goal. If you have a passion for cooking, decide what aspect of your culinary expertise you want to utilize for your business (do you plan to put up a small restaurant? do you prefer to go into catering? will opening an outlet for special delicacy fits you best? etc.) Directly targeting a particular aspect of the business makes it more achievable. Avoid being overwhelmed at the start by targeting several possible aspects of the business at the same time.

b. Learn all you can about the food business and add details to your idea to make it more concrete. Read, surf the net, browse over articles in magazines, attend seminars and exhibitions, consult with friends or associates who are or had been in the business. You can learn from their experiences, be they good or bad.

c. Once you have decided which aspect of the food business you think will fit your dream, think of how you will finance it. This may seem to be a major problem but it need not be.

2. Plan how you will finance your dream business. Depending on what you plan to put up, decide how much you are willing or is capable of investing. For a first-timer it is good to plan for a modest, single propriety business. This is a more prudent step to take to minimize possible losses in case things do not go as expected at the start. Also, this will avoid first-timers’ over concern on failing and affect momentum in your plans. To help you finance your dream, you may want to consider these financing sources:

a. Your personal saving

b. Applying for loans with your bank, credit groups, friends, relatives, or NGO organizations. It is advisable not to exhaust your credit limit from any one possible source. Also, approaching as few as sources as possible (preferably only one of them) allows you more fall back assistance in case you grow bigger and require additional financing.

c. Get a business partner who shares the same passion as yours.

3. Now, you are ready to start your business. Consider these important aspects of a business.

a. Location: This may not be a priority if you plan to go into catering but just the same, your cooking facility should be within the area of those you plan to serve. Delivery should not take so much time so fresh food reach your clients faster. This will also save you transport expenses.

However, if you are opening a food outlet like a restaurant, a small stall, or a food cart, consider a place where traffic of potential clients is from moderate to heavy. A stall in food court in malls is a good consideration plus it may cost less than renting a separate space in a shopping complex (but preferably near the food centre as well).

b. Personnel: At the start, hire a minimum number of people. For a small outlet, a cashier (which may be you), two servers, two cooks, and a busboy will suffice. Using disposables will eliminate the need for a dishwasher. But if it is a stall in a fast-food or food court, you dispense with a dishwasher even if reusable utensils since food court managements provide this. Also, there will be no need for a busboy. Daily marketing for supplies can be assigned to your cooks.

c. Work on all the necessary government and health requirements to open up a business legally. Legalizing your business saves you a lot of troubles later on.

d. Marketing strategies: As in any business, advertising play a big part if your are to grow. Here are a few suggestions you may consider:

1) Flyers to let clients know what you offer and for how much.

2) Offer a special price (and smaller portion) for a particular item for the day. This is to let them sample your food without giving it away for free.

3) Offer a free meal for groups of 4 or 5 (whichever is viable to your budget).

4) “Bring-a-friend” incentives (you may give special discount cards to your endorsers).

With the above guidelines, I hope you will find it easier to START your dream food business soon.

NOTE: There are those who engage in this business who give up after only a few months of operation. Among some reasons for this are:

a. Lack of sustained interest.

b. Realization of a better business venture for them. A change of heart is not uncommon.

c. Seeming “slow” growth of the business as per their expectation. Remember, there is a sound Latin adage that says: “Festina lente”(hasten slowly) which can be adopted in running a business.

d. Loss of patience due to the feeling that the business does not seem to grow at all. Usually this situation happens when we fail to apply simple arithmetic in running the day-to-day operation of the business.

Remember that doing exactly the same thing results in getting exactly the same result each time. So if the amount of your investment stays the same each day, your profit will be as was yesterday’s as well. What to do? This may seem to be a slow process BUT it surely works:

At the end of each day, compute your gross income. Deduct a certain percentage of that income (1% or 2%) and add that to your investment for the following day. In this way, your investment grows by so much EACH day painlessly. You will be surprised that your investment (and your net profit) has grown so much in a month’s time or two!

GOOD LUCK!

Starting a Wholesale Food Business

Those who enjoy making gourmet food are always eager to demonstrate to their friends and relatives for them to taste the delicious dishes they like making. A more useful way to let people sample your favorite and best dishes would be to start a wholesale food business. In this way, you would be able to make money as you continue to serve people with wonderfully made food.

When you get to start this kind of business, the first thing is to invite the friends or relatives to just come and sample the food free of charge and as they do so they will be coming back for more. It is a means of getting contacts and clients for your business.

Offering to volunteer at social events in the schools, or other such places can also help to spread the news about your cooking. Take with you several types of dishes that are your best and get as many people as possible to taste them.

Once you finish with this, the next step will be to serve at small parties and gatherings at house functions. People will soon begin to ask for more of your food, and this will give you a good client base.

Any invitations to people’s parties or houses should be accompanied with one dish or the other which you will use to entice people to start enjoying your food. In this way, you will keep introducing people to a list of dishes that they will find interesting.

As people begin to get interested in you and the selfless way you offer to feed people, you will form many friends who will be commenting about your food most of the time. That is a clever way of winning customers and very soon you will be making some sales on the side.

Also consider serving at community events and meeting more and more people there as end up building your circle of friends. The community activities might just be to volunteer to serve at a booth in a church compound, or school event. It will offer you a golden chance to display your best dishes and serve people freely.

To cut down costs, go for affordable foods and smaller portions, but do not charge expensively for them. At first it will be a bit difficult but eventually when the customers start to like your food, you will be able to recover the moneys you spent at this early stage.

Whenever you go to functions, people will slowly get used to eating your best dishes and they will begin to ask for them.

New Demands Bring Delicious New Trends In The Dog Food Business

Do you know what actually goes into the making of the standard dog kibble that you purchase and feed your dog friend on a regular basis? Are you sure that it is as nutritious as it should be and that it is also healthy. Is the Dog food that you are feeding your pet leaving it more susceptible to chronic diseases and even various forms of cancer? All of these questions are things that you should be giving some thought to if you currently are a dog owner.

Horrible True Facts

For years, dog food businesses across the globe have been using recycled restaurant grease as an additive in their products. This grease is loaded with unhealthy trans-fatty-acids that have been proven to wreak havoc on a dogs health. Also, Chinese dog food companies that export their product to the U.S. and Canada were recently found to be putting dangerous chemicals in their dog food that mimics the presence of protein when it was tested.

New Safer Dog Food

This means that you have to be more vigilant then ever when choosing the food that you are going to feed your pet. Fortunately, there are now dog food businesses that are actually interested in the health of your faithful friend and they are marketing dog food that is not only safe to eat but it is healthy as well. These same dog food businesses are also making and marketing newer tastier dog snacks that your dog will simply relish.

Consider Your Dogs Health

The fact is that trying to save a few bucks by feeding your dog cheaper, unhealthy, fat laden, corn meal based dog food will only cost you in the end. This is because, your dog will end up being chronically ill and you will lose out in the end when you have to pay the vet bills. Take a good look and smell of the kibble that you have been feeding your dog and then ask yourself how you would feel if you had to eat it every day.