We have already mentioned it before, and that is that the food business is on the rise. One factor that has driven this growth is the emergence of Food Trucks, a novel venture that takes more and more streets in the country.
But if you are in the kitchen, and you don’t have so much money to set up a FoodTruck, and there are still permits and legal situations that this type of venture must resolve, you can choose to set up a small business with little investment.
A good place can even be our neighborhood, you can leave for your neighbors, see if there are food options nearby, see what things are missing in your area.
First choose what type of food you will sell, ideally something you specialize in. Before launching, make a study with family and friends about the flavor of your preparations. Also do a market analysis in the sector that you intend to develop your business, and the values that charge similar in your field.
Then you must define how you are going to sell the food, at home, in your house, you will rent a place. Think about your budget, you can start selling at home or in your house and when the business grows, think about leasing something.
When you have defined the above, comes the fundamental part: the requirements, all the inputs and materials you will need for your business, kitchen, refrigerator, utensils, etc..
Finally you must put together your Business Plan:
- Name, logo and graphics of your business.
- Determine suppliers.
- Develop dissemination strategies, through social networks, brochures, etc.
- Define prices.
Define your investment, think about the amount you have and see what you can start with. Maybe you only have enough to start with desserts or cakes. With time you can expand your preparations.
Promotions, define some initial offer, to capture clients.
Obviously when you are ready to start a food business, worry about getting all the necessary permits to avoid later fines. You can review our article on permits for food businesses to find out about them.
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