Launching A Catering Company On A Shoestring Budget Is Doable

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The fact is that starting a catering company, whether that’s a coffee shop, restaurant, or event catering business, can be expensive, but so can any venture. The important thing to remember is that just because starting a business can be expensive, that doesn’t mean that it has to be the case. Believe it or not, you can launch a small catering-based company on a budget, it’s just a case of being smart about it, that’s all. Photo source 

Start Small 

If money is a problem, then the best thing that you can do is start small. That way you are giving yourself time to build your business up before you increase the size of your premises. Size doesn’t matter, if your food is good people will come to eat it, regardless of the size of the place that you serve it from. Whether that’s a tiny restaurant or even a food truck, it doesn’t matter, all that matters is that you have somewhere to start your business from. If your food is good, then the chances are that in no time at all, you will be moving up the ladder, and will soon have a larger premises to trade from. 

Buy Second-Hand 

There is not just the cost of the premises to cover, but also the cost of the furniture and cooking equipment unless you choose somewhere that comes with all of that thrown in. What you want to do is look at buying items second hand, from stoves to fryers, you can get most pieces of catering equipment second hand. Any items that you need that you can’t get pre-loved, it’s best to buy in bulk, such as such as Bentwood Chairs, for instance, and items like tables, and serving trays. There are always ways to cut costs; it’s just a case of finding out what the best methods of doing so are. 

Invest In Your Ingredients 

You might be on a budget, but if there is one place that you should invest, it is in the ingredients that you use to cook with. You could be serving food in a tent, and no one would care as long as the food that you serve tastes nice, which is why using quality ingredients is a must. If you want to ensure that your catering company is a success, using quality ingredients that are locally sourced is vital - good food sells, which is why quality is key when picking your ingredients. You never know, you may even be able to secure discounts for local produce if you promise to state on your menu that it’s sourced from such and such, as that way you are providing free marketing. Think outside the box and you will be amazed at the discounts that you can get. 

Catering Company Conclusion

It might not be easy launching a catering-based or food service business on a small budget, but it is doable. It’s just a case of getting creative, that’s all. Take note of the tips and advice above, and you can give yourself the best chance of success when starting a business in catering on a small budget.

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I hope you enjoyed this article about launching a catering or food service company on a shoestring budget.

Interested in more articles about entering the food service industry?

Read My Blog Posts:

- 5 Business Ideas For The Food Service Industry 

- How To Ready Yourself Financially To Open A Restaurant

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