Are you planning to start running a catering business? If so, you’ll need a plan—specifically a catering business plan to help guide you through every development stage of this exciting new business venture. In this article, we have not only provided free business plan template examples, but we also talk about the creation steps and more in great length. Don’t just sit there. Scroll on!
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What Is a Catering Business Plan?
Like any other kind of business plan, a catering business plan is a formal written document. Contained within are the goals of a company, their intended methods and tactics for achieving those goals, and the resources that they plan to use for those goals. These plans are often written to serve as a guide in the coming months or years, as well as to secure funding from investors.
How to Create a Catering Business Plan
Coming up with a strategic plan for catering business ideas does not have to be an overly difficult task. The same goes for financial plan for catering business ideas. Whether you are trying to create a catering business plan from home or with a proper office, the following steps should still suit you regardless.
Step 1: Describe Your Catering Services
In the first section of your business plan, you must first describe your catering services. This also includes describing the types of food that you want to serve to your prospective clients. Also ensure to indicate if you will provide tables, chairs, and other items that are usually needed for a catering event or if you will just outsource this work.
Step 2: Indicate the Amount of Kitchen Space You Need
In the second section of your start up catering business plan, you have to determine and indicate the amount of kitchen space that you will be needing for your catering business. In order to do so, you must also determine beforehand your needs and your budget. You can lease a commercial space, rent space in an already established restaurant, or simply work from your home kitchen.
Step 3: Know the Kitchen Equipment to Operate Your Business
After listing down the amount of space that you need. You must also consider the list of equipment that will help you effectively and successfully operate your catering business. To estimate the possible costs for such equipment, you may check out restaurant supply stores, online vendors, or cooking stores before even buying anything.
Step 4: Create a Marketing Strategy for Your Business
In the last section of your business plan, indicate your marketing strategy. This is where you will list down all of your plans on how you can meet potential clients such as catering for both public and private events, hand out promotional or marketing items, or contact and meet local event planners.
FAQs
What are some of the necessary equipment needed by catering businesses?
The answer to this lies in what you can find in the kitchen, along with what kind of catering business you have in mind. Knives, spoons, forks, pans, glasses, serving trays, ovens, and refrigerators are all common equipment found in establishments like restaurants, bakeries, and yes, catering businesses.
How many kinds of catering businesses are there?
There are multiple variations of catering businesses that any aspiring business owner can adopt. The most common one would be the kind of catering where everything is set up at a specific site. Others would be outdoor catering services and even home delivery catering services.
What are the main types of business plans?
There are at least four different types of business plans. First, there are short plans, followed by presentation plans, working plans, and what-if plans.
Starting your own catering business is not an easy task and you’ll need a lot of help. Fortunately, you can provide yourself with the necessary guidance by first coming up with a food catering business plan. With the right sample business plan for catering at your disposal, you will have a much easier and smoother experience starting everything from the ground up. Now take what you’ve learned here, along with some of our plan templates, and act with wisdom today!