Setting Up A Catering Business
Like with setting up any business, catering businesses are no different. It is important you have carried out the essentials to setting up your catering business whether it is a mobile caterers, a restaurant, a take away, a food supplier or a coffee shop etc. Step 1, complete in-depth research of the products you are selling and demand for these products. Step 2, analyse what the competition are doing both local and national (e.g. product ranges, pricing, branding, marketing etc). Step 3, Ensure you have a financial plan, a forecast of cash flow for the first year (Main cause of business failure in first year of trading). Step 4, Ensure you have a catering disposables and catering supplier set up and a established relationship set up (ready to meet unexpected demand). Step 5, get the word out, ensure you give your business every chance of taking off right from the start, this can be done via a website, blogging, leaflets, email marketing, direct mail, radio advertising and word of mouth etc.