Starting a Home Catering Business – Information You Need to Know

If you are thinking of starting a home catering business, there are many things you should consider. Of course, if you have a great passion for cooking and are really good at it, you are a step ahead of the game. But there are other details you need to think about to be successful!

Before you begin any type of self employment you need to make sure that working for yourself is truly what you want to do. Are you self motivated? Can you make out a business plan? Will your finances suffer if you try to make a go of it on your own? Starting a home catering business can be fun and very profitable, if you do it right.

Make sure that you have the dedication and perseverance it takes to run your own business. In a catering business, you need to find out what all of your costs will be and what your competition is doing before you begin. Writing out a business plan is also necessary to insure your success.

Here are a few things to consider when starting a home catering business:

1. How much is it going to cost upfront? Make sure you include costs for any equipment you may need, such as stoves or other cooking appliances if you aren’t able to do the preparation at your own home.

2. Are you considering mobile catering? If so, think about expenses for buying a trailer to travel with, along with gas and food costs.

3. How will you market your business? Placing an ad online and in your local phone book are good ideas, along with business cards and flyers. You might also consider advertising on the radio if it is within your budget.

4. What is your competition doing? This may be the most important step of all in your planning. You need to know how much your competition charges, and what types of food they prepare.

5. Payment terms – Will your customers pay you before the service, or when completed? Consider how much money you will need to purchase food and other necessary items. You will also need to think about transportation for the meal, and how you will keep it warm while travelling to the event.

These are just a few thoughts about starting a home catering business. You really want to make sure that you have thoroughly considered every detail, so that there are no surprises when you start your business.

This can be one of the most fun and rewarding types of home businesses if done right. The fact that you love to cook will make it much more enjoyable, and when you love your work you are usually much more successful in what you do.

Need more help in starting a home catering business? Visit the links below!

Home Business Information Everyone Should Know Or Else

Millions of people have dreamed, at one time or another, of launching their own home-based business, and of the incredible opportunities it can provide. You can become your own boss, and work when you want. However, actually implementing this plan is separate from dreaming it. This article provides some advice on how to put your plan into action.

Although some of the perks of working at home, like wearing comfortable clothes can seem fun, you might miss speaking with people on a regular basis, like you did in a prior job. Going out sometimes during the week will help you to keep up personal interactions.

Try a side of comedy with your lunch! A good laugh invigorates your respiratory system, calms your mind and reinvigorate you with feelings of joy and love. If you want to have fun, watch some funny videos on the net! And after the chortles have gone, back to work you go.

Online forums alongside other entrepreneurs of home business can help you find advocates to communicate with. You will learn that there are many online places to meet up with other home business owners. Many people on these forums are willing to offer proven advice that can help guide you through any difficulties you may face.

Offer multiple ways for customers to contact you, including email, telephone and even traditional mail. See if you can stay in touch with your customers through a newsletter, ask for feedback from them, and use site analytics to see what products customers are buying the most often. If they did buy a product after asking a question, maybe your answer is what caused them to pull the trigger.

If you are searching for a product to sell in your home business you should start by asking yourself what product you would like to have. A product or service that fills an everyday issue is one that will appeal to a good-sized customer market. If your product fixed a frequent problem, it is likely to be a top seller.

Make sure that you are the only one that is making financial decisions for your business, if you are sole owner. Giving others access to your business finances means that you will also be responsible if they make foolish choices.

If it is a viable idea and won’t distract from your website, you can earn a profit from requiring membership fees. It’s often possible to create a subscription system that makes more profit for you and provides customers with valuable discounts or extras.

You should have a short paragraph stating your goals for your business objective, keeping it to a couple brief sentences. Give them information about what you do and what you want to do with the business. In these few sentences you should be sure to describe why your business is unique and what your goals are.

As you can see, it will require a little bit of work and dedication to make the jump. If you can manage to pull through and stick to the plan, you will be able to accurately represent your dream in the company’s image and create something that is long-lasting and profitable over the years.

Building Your Coaching Business – Information Marketing – Lots of Clients

Here’s an answer to most of the problems experienced by coaches who are struggling to get more clients. Turn “no clients” or “few clients” into 20% to 70% of the people you touch giving you an appointment.

I do a lot of conference calls with struggling coaches. Here are the struggles that most coaches experience:

Typical Problems Experienced By Coaches

  • Can’t reach the decision maker – get sidetracked to HR and HR puts you in with ALL of the other coaches, consultants, trainers….you are a commodity in their view.
  • Can’t get the decision maker’s attention
  • When you do get to the decision maker, and they even seem somewhat interested, the bottom line statement is “Don’t have time,” “can’t afford that right now,” “I’ve got to keep my nose to the grindstone.”
  • Sending out pre-approach letters, but not getting any response.
  • Cold calling but not getting through, not getting returned calls from voice mail.

Do any of these sound familiar?

One Solution to That Problem

Here’s something that has been working extremely well with coaches I’ve worked with. Some have said they get 20% to 70% appointment setting rates when using this approach.

The first thing to note is to “stop selling” and “start helping.” Be an unlimited resource for everyone you touch, even if you touch them only once. You will become known as THE expert in that field, in your region.

First identify, your target market, if you haven’t already. Make that a narrow niche market. Even if you believe you can help the world, pick a narrow market for this approach and target the messages directly at them.

Send a letter to your target market that mentions that you’ve had significant results in ________ [name the target market], and then define a value statement around that. That means that you will indicate just how much impact you may have made on some people, or companies within that target market. Then tell them that you’d like to share some ideas that have worked with others like them, and will be sending them over the next few weeks.

Then, over 3-5 weeks, send them a printed article each week targeted to a specific problem in that industry. If you have been writing articles in an ezine, then you might also send them to that article online. It adds credibility when you can show that you are published, expert author.

At the end of 3-5 weeks, send a letter asking them how much value they got from your articles, and that you’d like to call some time to ask what they got from the article.

When you call, get them telling you just how much help that was. Ask them to put that into dollars and cents, or time saved. If they got any value at all, ask if you can set down with them over coffee to hear more about their business….

Notice, that at no time did I indicate I have anything to sell. This was all about helping them achieve their goals, and freely sharing information. The doors will be open…unless you go into the “sales” mode, at which time the door will slam in your face.

You have an appointment. Keep that appointment on “exploring their business” not on “selling.” This should get you setting down with 20% or more of your target audience.

What happens if you don’t get the appointment, but they did feel they had gotten some good information. Then ask if they’d like to continue receiving that kind of information. Add them to your newsletter, or email list for ongoing information. Many will find additional value from those emails. You will have another chance.

Upcoming articles:

  • We’ll discuss what to do and say in that meeting.
  • How to use that same approach, information marketing, in networking.