If you happen to be searching far and wide for a world domination plan that will give you the pleasure of sailing on Monday mornings and beach bumming on Tuesday afternoons, you may have considered including a business that will lead you a few steps closer to financial freedom in your plan. Not everyone has the capacity to create the next big technological gadget, so you might want to play it safe and stick to something that is guaranteed to always be in demand such as food.
- Catering Services
Catering is a great idea for people not up for the hassle of running an actual restaurant as you can operate from anywhere that has a kitchen. If you enjoy preparing food for various events, it may be something you want to look into. You can specialize and serve for events such as weddings only, or offer your services to anyone irrespective of the event size or sector. To start up, you’ll need nothing more than a kitchen to cook the food, a means of transporting it to your client and catering services to serve the food if need be.
A bakery can be started at a retail and wholesale level! You can choose to sell goods to consumers directly, or you can sell them wholesale to supermarkets and other relevant outlets.
Like catering, you can choose to own a physical shop, or to offer your baked goods on an order basis. You’ll need baking equipment, packaging, and some mouth-watering baked goods.
Restaurants are a lot of work and can be relatively expensive to start-up! You’ll have to consider finding and maintaining a space, abiding to health and safety regulations, electricity and clean water, staff, management, equipment and so much more. The good thing is that if you get your business module right, you’ll be in a good position to make high returns. As long as your food is decent, the prices are affordable, and you’re situated in a high-traffic area, you’re very likely to get return customers and make a decent amount.
- Food Kiosk
A food kiosk is great if you want to run a part-time food business and want something quite flexible. It can be set up at events, malls, or street corners and is a great chance to be really creative about marketing your food product. To begin, a kiosk is going to need to be at the top of your purchase list and you’ll of course need somewhere to make your food. Depending on your area, you may need licensing or permission to set up your kiosk, so check the rules and regulations with your local government.
If you want to skip all of the stress of perishable goods and dealing with actual food on a daily basis, packaged food may be your best bet. Work with a food processing company that can make and package your food on a large scale and then find supermarkets and other outlets that are willing to buy your food at wholesale prices.
We hope at least one of these suggestions has given you a starting point for brainstorming on potential food business ideas and we wish you the best of luck on your journey to the top!