How To Turn Your Hobby Into A Business — Catering, Cooking & Home Baking

Select your category

You need to find out what you are best at and which niche business would be suitable for you in the food business. Make your choice from various options such as catering, restaurant, home bakery, meal delivery at doorstep, office lunch, cafeteria, etc. Start with the one you are most comfortable with; you can always add new services later.

Research on taste trends in your locality and finalise the menu

The food industry is one of the most competitive industries and you need to be aware of what are the food items that are in demand. Conduct detailed research, visit some nearby food shops if you have to, and then create a well-designed menu.

Plan your business and manage financials

You need to be pretty sure about financials before you start your business. Make a rough estimate and analyse how much time would it take you to break-even, and then start earning profits. Work out on pricing your menu items keeping in mind the demographics and customers you wish to attract.

Licenses and permits

Before you start investing, consult with the local authorities and figure out the mandatory requirements that you need to fulfil at your end. Apply for licenses and permits that are required from authorised food agencies and local business authorities, and make sure you comply with all the stated laws.

Invest in space and equipment

You can always start from home but if the demand grows and you need to rent space for operations, choose the place wisely one that has a higher footfall. Buy equipment that works well with your budget, but at the same time help you efficiently manage peak times.

Market your business

Utilise social media apps and platforms such as Facebook and Instagram to create a buzz. Put up a lot of photos and choice of your favourite recipes. You can even have an opening or a launch party where you invite your close ones and people who show interest in your offerings.

Pros of catering, cooking and home bakery business

• Relatively low startup cost — Starting a food business from home reduces the startup costs, as you will save money on utilities and bills.

Cons of catering, cooking and home bakery business

• In order to get your name out there and get more clients, you need to put extra efforts

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Women Can Startup empowers millennial women through features, interviews, stories, and discussion. https://www.womencanstartup.com

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Women Can Startup

Women Can Startup

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Women Can Startup empowers millennial women through features, interviews, stories, and discussion. https://www.womencanstartup.com