Every major company or business started out small. Those who become successful eventually grow and develop into larger companies over the years. Starting a catering business is doing the same thing. For those who are interested in starting a business, establishing a catering service from your own home is a feasible prospect. In fact, some of the best catering services in Manila started in the homes of the business founders. To get you started, here is a guide on how to start your own catering service from the comfort of your own home.
Registering your Catering Business
To get your business started, you must first make it official. To do so, you must have your business registered. Start off by registering your business in your local municipality and get your license. You must also contact the Department of Health to have your place inspected to ensure that your place of business has good hygiene and sanitation. After that, you must register your business at your local DTI (Department of Trade and Industry) and BIR (Bureau of Internal Revenue) branch.
Your starting capital
When starting a business, you must ensure that you have enough capital to begin. There are a lot of catering business that started on small capitals. (Around P5,000-15,000). So investing on a small amount to start a business may be very well worth your money in the near future.
Laying down the plan
Once you’ve settled and had your business registered, it’s time to lay down your plan. The first thing to do is know what kind of food you want to serve. Do you want to serve local favorites? Or go with something more unique and diverse? You must also get the extra cooking tools and appliances that you need to add from what you already have. Once you’ve laid out the ground work for your business, then you can now start and look for your potential first clients.
Meeting with clients
Once you’ve settled down, it’s time to meet potential clients. You can start by catering small parties and events from certain people and companies. Catering for family members and friends is a good start to test the waters. These first few clients will help you decide upon what direction your business will go to. Once you feel comfortable, you can now take on more requests.
Growing your business
As your catering business continues to thrive, you’ll notice it grow. If your catering business is suddenly receiving a more requests and orders than usual, and more people are interested in working for you, then you can take that as a good sign. Having a stable rate of growth financially and size-wise ensures that your business is in calm waters.
Starting a catering business has its challenges and growing pains, but the best part of starting your business at home is that you get to start it with family. A success of a catering business is measured by the excellence in service and quality cuisine. If you have some capital, a passion for cuisine, and thinking of setting up a business, then starting a catering business is definitely worth a try.