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Catering bill book for Planning

[Music] there are a number of things you need to consider before you get a catering business off the grounds from knowing all the local regulations and required licenses buying renting or shearing kitchens and equipment startup costs to starting your catering business the different opportunities to consider event management marketing your business insurance sales running and growing your business this video aims to show you how to start a catering business you don't need a big initial investment to start a catering business you can keep your costs low at first by renting needed equipment most of your spending can wait until you get your first contract catering is not affected by downturns in the economy in good times or in bad there always seems to be a market for catering catered parties for rich clients business lunches and meetings birthday parties wedding receptions and more what are you going to do about materials you're going to need at least one large van for transportation of your catered goods if your business is a bit larger then you may want to get a refrigerated truck which could help increase your area of business because now you can drive further and reach more customers pots pans and utensils can add up very quickly if you want during your first year in business try renting those materials to save money then with the money you made from going cheap the first year can go towards upgrades all over the board how well do you manage this is a critical question to answer and may determine if you need a second manager or assistant manager down the line a catering business of any size is going to require several employees in order to be successful and the more types of events you cover the more employees you will probably need and the more ability to manage them the other issue that comes under management is logistics have you ever worked with catering before handling all the logistical issues that come with catering is difficult and if you don't have any experience in this field you should volunteer to work for a few catering jobs before even considering opening your own cake during business take into consideration your financial investment and then make your business legal the proper insurance coverage is a must for your catering business without the right coverage you could be heading for a disaster to lose everything you put your hardwork in case of an incident the types of kitchen equipment you will need to purchase our appliances ovens knives pans pots warmers etc dishes and silverware are a must start up equipment includes the utensils and kitchen equipment your goal is to have the right equipment to offer your clients excellent service basically you need to follow five steps to start a catering business step 1 have a business plan having a business plan is the key to any business if you don't know where you're going you'll never get there step 2 know the laws in your market the laws of food preparation may differ by city so know what they are before you start working and events also be sure to have the correct permits step 3 know who your market is and focus on that market you need to know who you are going to market your services to do you have experience hosting parties or do you simply enjoy a good outdoor event be the best you can be in your area and you'll have customers waiting in line for your services step 4 have the right equipment make sure you have the right equipment for the events you don't even need to buy equipment to get started find out who rents or sells used equipment in your area and step 5 learn how to advertise your business if you don't advertise your business you will struggle to get it off the grounds advertising doesn't have to be difficult and there are methods to advertise that are directly related to catering the most important andou is word-of-mouth a great event will surely mean more business in the future there are a variety of ways to advertise your services including losing your local newspaper to going online and advertising through the various social networks you can also hire someone or yourself to build a website for your catering business no matter how you advertise your company always be sure to supply a way for the potential clients to contact you such as a phone number or email address for many people the idea of opening a catering business is out of the question some people don't know the first thing about cooking and preparing food or they are just not creative enough to present the food in a fancy manner another group of people that will not be successful in this business are those that are not reliable trustworthy or have honesty issues being honest is a big component when it comes to the catering industry not being honest or reliable or if you save you will deliver a certain scenario at a certain time and you don't deliver it as promised the unhappy client will let other people know about it catering depends 100% on customer satisfaction word-of-mouth is why most businesses either succeed or fail unfortunately that is where many caterers see their downfall if you are looking for how to write a business plan then check out our video about writing a business plan step by step video link in video description thanks for watching this video do not forget to like share and subscribe our channel to get future videos