There are a lot of things that have to be considered before you can start your own catering business. There is the matter of your capital or start-up cost. And, if by any chance, you do not have the necessary capital, where do you intend to get financing. You may need to procure a loan from a bank. Then you will need to get all the necessary licenses and permits. Your catering business will require proper catering equipment and accessories. And a budget for advertising or marketing will need to be prepared.
Find Your Niche
There are many different types of catering services. You will need to decide which type of service you would like to offer your clients. Will you be providing a packed meals catering service from your home or will you be offering catering for full meals for events. Do you intend to specialize in only a certain type of product like wedding cakes? Consider what you are best at and build on it.
Learn to Manage Your Business
With your own catering business, you need to learn management skills. You will encounter problems and challenges just like any other business so you need to know how to deal with difficult situations. There is the matter of accounting or bookkeeping, hiring staff for an event, planning and organizing an event, negotiating with suppliers and, handling logistics.
Aside from a fully-functioning commercial kitchen, you will need a phone line and a vehicle that you can use for deliveries. For cutlery and flatware, you can initially rent anything you may need until you can afford to purchase supplies of your own.
Marketing Your Business
Marketing your business is essential. You may write articles or hire ads in your local newspapers. You can also speak with the local radio station in your area. Flyers and posters can also help. As you get clients, depending on the quality of the service that you provide, your major advertising method will become by word of mouth.
Source: ezine articles
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