CATERING START-UP

TIPS FOR SUCCESS

ESSENTIAL RESOURCES WHAT ARE SOME NON-NEGOTIABLES TO

START YOUR BUSINESS?

LIST 3

COMMITMENT EXCELLENT FOOD QUALITY SUPERIOR SERVICE IS NON-NEGOTIABLE REQUIRES

LONG HOURS HIGH STRESS PHYSICAL FATIGUE

HOW MANY HOURS PER WEEK CAN AN INDEPENDENT CATERER EXPECT TO WORK IN THE FIRST FEW YEARS?

CAPITAL HAVE RESERVE FUNDS EQUAL TO 6 MONTHS

OF FIXED EXPENSES AND HALF OF LABOR COSTS.

OTHER EXPENSES SHOULD BE CONTROLLABLE

WHAT ARE SOME EXAMPLES OF FIXED COSTS?

LOCATION KEY FACTOR

SAFE VISIBLE LOCATION IF OFF-PREMISE SHOULD STILL BE EASILY

ACCESSIBLE TO TARGET MARKETS WANT IT TO BE CLOSE TO EVENT VENUES

KNOWLEDGE ABILITY TO PROVIDE FOOD

AND SERVICES IN A WAY THAT DIFFERENTIATES THE BUSINESS FROM OTHERS.

EXPERIENCE WITH KITCHEN EQUIPMENT

AWARENESS OF LICENSES, PERMITS, & INSURANCE REQUIREMENTS

CREATING A BUSINESS PLAN BUSINESS DESCRIPTION MARKETING COMPETITION OPERATING PROCEDURES PERSONNEL INSURANCE FINANCIAL DATA LICENSES AND LEGAL DOCUMENTS

WHAT IS THE VALUE OF CREATING A BUSINESS PLAN? EXAMINES FEASABILITY PROVIDES REALISTIC VIEW OF

PROFITABILITY BRINGS COMPETITION TO FOREFRONT ATTRACT INVESTORS FIND YOUR NICHE!

STARTING A CATERING BUSINESS

KEYS TO SUCCESS… TIPS

IS THERE ANYTHING YOU CAN THINK OF THAT IS MISSING?