So, you want to start up your own food business. Congratulations!
Do you dream about starting your own restaurant, cafe, coffee shop, catering business, in fact, any type of food business? Once you have done it you won’t want to go back to working for anyone else.
Successful businesses were more likely to have:
- Consulted knowledgeable persons or other sources of information
- Conducted a market survey to assess whether or not a market existed for their product or service
- Better preparation for business ownership
- A large number of customers
- Attended appropriate training programs
- Written business plans
- Continuously updated product knowledge
- Reviewed the marketing effectiveness and business image
- Hired and kept good staff
- Been able to manage financial resources
- Setting a goal
- Know your market
- Management training
- Action Planning
Business Success Factors
Starting and running your own food business is hard work and not without risks, but it is also an exciting and satisfying challenge and can give you a good income, providing you are prepared to invest a lot of time and energy into making it successful.
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Essential knowledge to start and grow your own food business.
