Catering Business Information – 3 Important Tips

Are you planning to start a business but you do not know where to begin? The first thing that you should do is to choose a business that is always in demand. One of the most in demand businesses all year round is the catering business. Many people need catering services for their parties, corporate meetings, and other casual or formal occasions. But before you go ahead and start your own catering business, it is important to know some important information first about this industry. Listed below are some important catering business information ad tips that can help you get started.

  1. You should know by now that the catering business involves food. You should be a good cook yourself or at least have some knowledge about cooking and food preparation. If you are not good at cooking, you can hire your own chef or professional cook. However, this means that you will need to spend more money, which is really not advisable if you are just starting your own business. It would be better if you cook the food yourself or if you are hands-on when it comes to food preparation.
  2. Aside from the food, it is also important to have access to catering supplies and furniture like tables, chairs, table cloths or covers, chair covers, centerpieces, utensils, dinnerware, and so on. These are necessary supplies if you want to start your own catering service. You should also consider hiring or buying a small truck or van that you can use to transport your supplies to the venue of the party or meeting.
  3. Another piece of advice is that you should not forget about hiring the right staff. Catering is not just about serving delicious dishes. It is also about great customer service. Your waiters and waitresses should be professionals. It is important to please your customers in terms of service. Your customers will keep coming back if you have delicious dishes and great customer service.

These are some basic catering business information tips that you should consider if you are planning to start your own catering business. Make sure that you remember these things in order to have a successful business.

Catering Business – Information Sources

Before you get started in the catering business it is wise to learn as much as you can about the industry. You need to know about cooking, kitchen management, food preparation and service. As a small business owner you should also make sure that you know the basics of small business management and marketing.

Let’s take a look at how you might go about doing some research for your startup. You will find that there are a lot of good catering business information sources out there once you start looking.

Paper Books

There are a lot of books for sale that focus specifically on how to start a catering business. Look for the titles that have been written by catering business owners themselves rather than those that have been written by researchers without first hand experience. Most of the large online booksellers stock a wide range of titles related to catering and starting a business in general.

The Internet

Firstly, you can try looking online. You will find some relevant information on the Internet although there is generally a lack of good content online relating specifically to catering.

There are some websites selling relevant books and guides. Some of these have been written by experienced caterers and they are usually filled with lot’s of practical information gained from personal experience. The advantage with some of these products is that you can download them and get started right away.

Online Forums

Online discussion forums or bulletin boards are a great way to interact with other catering professionals. They are an excellent resource for getting information and allow you to ask questions that may get intelligent answers. The Internet still lacks a specific catering forum but some of the forums for chefs or restaurant owners do have small sections devoted to catering if you look for them.

Catering Associations

You can contact the National Association of Catering Executives (NACE) for lots of information about the industry in the US and to network with other caterers.

Magazines

Industry publications like Catering Magazine and Special Events Magazine offer readers a great way to keep up with developments in the industry.

Courses

Another way to inform yourself on how to go about running a catering business is to attend a course. Such a course could help you to improve your culinary skills or help you to learn about small business administration.

Suppliers

Catering equipment suppliers are another good source of catering business information. If you get talking with them you can not only find out about the equipment that you need but you may also pick up some information on the current state of the local market.

Competitors

Your competitors can be a great way to find out useful information. Approach them pretending to be a prospective client and you can pretty much uncover the entire way they run their business by observing their sales approach and asking the right questions.

Customers

Lastly you should talk to some regular people who have hired caterers. Try to find out as much as you can from a customers perspective about what they experienced the last time they hired a caterer. See if they have any suggestions for how the service that they experienced could be improved.

Get your business off to a great start by reading, learning and doing research before you take the plunge and open your doors to customers. You should also make sure that you continue to educate yourself throughout the life of your catering business so that you stay up to date with trends, industry developments and changes in your market.

Work at Home Business Information Can Save You Grief

If you’re aiming to begin a business from your home you should first conduct some proper research. There are many beneficial work at home business information sites on the internet to help get you started. You also need to know how to handle your tax information Before you spend any time on this subject we will go over a few of the basics you should be aware of. Starting and immersing oneself into a home business is not for everyone. Some people just don’t work well on their own for many reasons. For example they’re not disciplined to work each day without a boss.

Many people are unable to put together a well thought out business plan. Some don’t know much about the business they’re about to start and don’t spend the time necessary to become an expert. Still others don’t have the proper support system they need to succeed. It’s tough going it alone or with negativity surrounding you. So before diving in you must make sure that this is something you really want to do and can do. Many home businesses today don’t require you to be a “brain surgeon” but will definitely require drive and motivation that many people just don’t have.

If you don’t have a place for a home office it can be difficult to run a business out of your home. I’m not talking about a large office, but at least a separate area where you can work. If you have family members around it will be important that they know when you are working. Interruptions can severely limit your productivity. You will need to find some space that allows you the opportunity to treat you business like a traditional job.

Some home owner’s associations or apartment complexes don’t allow certain business to operate. So depending on the type of business you start make sure you can run it from your location. Many businesses fail because they aren’t marketed properly. Successful businesses today know how to promote themselves via the internet. There are many ways to drive traffic to an online website. Some are inexpensive or free and others are not. You’ll need to know about these.

What about training? Most distributor based businesses or franchises should receive full support concerning all aspects. If you’re not tied into a business system you should look into joining local business groups for that type of support. When seeking at home business information you should highly consider obtaining guidance concerning organization and tax information. Because they aren’t organized and aren’t aware of the various tax laws many business owners get into trouble.

Home based businesses get various breaks and deductions. You’ll also need to know when and how to file your tax information.

Laundromat Business Information and Resources

Starting a laundromat business may seem simple but if you look a little deeper you will see that there is more to it than meets the eye. Some laundromat owners rush into it and end up misjudging the market, spending too much to get started or making other mistakes that lead to financial losses and business closure. Others end up doing everything right and enjoy the semi-passive income that this business model has to offer.

What separates these successful laundromat owners from the losers. Much of the difference comes down to the research, planning and preparation that is done before the coin laundry is opened for business.

To increase your chances of success in this business you have to do your research and gain access to quality information. You have to read everything that you can and talk to people who may be able to offer useful advice. Below I have set out some potential laundromat business information sources.

Books and Startup Kits

A great starting point is to do some reading on the laundromat business. There are many books for sale online. You can also consider purchasing e-books and online startup kits that you can download right away. Wherever possible, try to purchase information from someone who has had first hand experience in the business.

Laundromat Owners

One great way to get information about the laundromat business is to talk to people who are already in this business. While it may be difficult to get them to really give you all of their tips and tricks, they may offer you some guidance if you are polite. One of the most important things to find out is what kind of machinery they are using and how their experience has been with it. How quick was the manufacturer to respond when their machines have broken down?

You may also find someone who has been successful and is willing to mentor you, providing that you are not going to be one of their direct competitors

Work Experience

Consider getting a job at a laundromat so that you can learn more about the business. Ideally you could work for someone who owns a chain of stores so that you could get an overview of how a successful operation is run. Even if you just got a job as an attendant for a couple of months you could learn a lot about the business.

Equipment Suppliers

One of the best sources of information to tap into when you are just starting out is local suppliers. Manufacturers and distributors of coin operated laundry equipment should be able to give you an enormous amount of information on the local industry and your expected startup costs. You should try to remain a little skeptical as their motivation will of course be to sell you machinery.

Join Associations

As a business owner you can benefit a lot in this industry by joining a relevant trade association. The Coin Laundry Association is the US serves laundromats at the national level and there are also many local associations as well.

Forums

Lastly, a great place to pick up information about the coin laundry business is online discussion forums. There are several sites on the Internet where laundromat business owners meet to discuss industry news and developments. The mood on these forums is usually fairly polite and helpful and people don’t mind if you ask questions.