Food business is one of the biggest and most profitable opportunities for homeowners, especially housewives. They are passionate about starting a catering business or family restaurant. Some homeowners manufacture their own foods or open food stalls. Well, to start a home-based food business, there are a number of essentials to take into consideration as listed below:
Planning is indeed crucial for business startup. Before you begin a food business in the house, create and write down your business plan that consists of eight points below:
- Types of dishes. Deciding to open a home-based restaurant business you’ll have to offer several food and beverage menus to cater your guests. Meanwhile, for those who plan to start a catering business, consider dishes that are likely chosen for wedding, birthday, business meeting, graduation, or other events.
- Place. You’ve got your house to start the business. Where will you exactly run it? You should prepare a special space to handle your foods and meet customers. Perhaps, you should renovate your house for this.
- Target market. Determine your target market. Who are potential to buy your foods or eat at your restaurants? Including this in business plan makes you more focused.
- Business name & logo. It’s important to have a business name and logo to let customers distinguish you from your competitors.
- Price. Make a price list of every product you offer. It should be reasonable and competitive to your customers.
- Marketing strategy. What marketing effort will you perform? Consider both offline and online marketing strategies to let prospects find you.
- Funding. How will you finance your home-based food business startup? Some people need to apply for a small business loan because of no personal saving.
- Tools. Make a list of equipment you’ll need to run the business, like kitchen appliance, cutlery, and food packaging supplies. For food containers and trays, have a look at All In Packaging collection.
In running a home-based business, you absolutely need the help from other people. Ask your family or hire people to fill these positions:
- Chef. Will you be the only chef? If not, you’ll have to hire people who have good cooking skill and are willing to contribute in your business.
- Bookkeeper. Food business owners will find it important to hire a bookkeeper to manage and track expenses and incomes. The owner can be a bookkeeper, too.
- Maid. Maid has a role to clean the area, wash dishes, and other household jobs in running a food business.
When looking for staff, make sure to pay attention to their experience and attitude, so you’ll work with the right people.