If you’re reading this, it’s likely you’ve been thinking of starting your own food service for a while. With the roadmap in place and restrictions slowly being lifted, this year could finally be your moment to turn your idea into a reality. You have to be passionate about the industry and prepared to work hard, especially post-pandemic. We’ve put together a guide on how you can get started.
First things first: you need to create a business plan. It will cover every aspect of your business, including:
- Market analysis
- Sample menu
- Business model
Finances will play a vital part in your business plan. You’ll have to calculate budget requirements, employee’s wages and a prediction for your profits. You also need to think about insurance for takeaway so your business is protected. While, of course, you should be focusing on making your venture a success, it’s important to be prepared for worst-case scenarios. Last year definitely showed us that.
Before exploring what else you need to do to launch your fast food service, it’s important to consider the Covid impact. You know it’s altered practically every industry, but how will it impact you going forward? Be sure to regularly check UK government regulations to ensure you’re taking the right steps and precautions. At the time of writing, they describe:
- Before and after handling food, cutlery and dishes
- Hygiene protocols
- Social distancing in the workplace
- Contact tracing
You may have an idea of how your fast-food service will work, but in reality, the operations could look very different. Keep yourself informed and plan accordingly.
You know your budget and you’re putting together a plan. However, if people aren’t interested in your service then you’re not going to last long. Market research is key for any new business. You need to find out:
- Competitors in the area
- Reviews of other establishments
- Restaurant trends
- What people want
Conducting this research helps you understand the demand in the market place you’re hoping to enter. You can find out if there are similar services to yours that exist, and if they don’t – find out why. Your market research could alter your business model.
How can you make your business stand out in the market? Branding. It’s the public’s first impression of your business so you want to make sure you get it right. It also should make your concept clear. You want to create a Unique Selling Point (USP). You need to consider:
- Your dishes
- Niches / themes
- Social media
Starting your own fast-food service requires hard work and dedication, especially in the current climate. The above is a brief overview, what else do you think is important for starting your own business?