Showing posts with label food. Show all posts
Showing posts with label food. Show all posts

Saturday, 14 June 2014

So you want to start a food business?

Do you dream of starting your own food and drink business? All you need is a good idea
 
So you want to start a food business?
                       
Hands up if you’ve ever thought, “I’d love to set up an artisanal pickle-making operation, with an organic smoothie bar on one side; and on the other, a row of rehabilitated ex-prisoners making sustainable baby food from local ingredients…” and then gently drifted off into a daydream?
As someone who’s obsessed with food as well as all things entrepreneurial, I’m always cooking up original (ahem, sometimes too original) food and drink-related business ideas, as I’m sure many of you have – especially after watching an episode of The Apprentice or the Dragons’ Den.

Give up the rat race

I hear about more and more people leaving high-flying careers in finance, law and other prestigious and well-paid sectors to set up in the food and drink industry. Freedom from the boss or office politics, working the hours that suit, having an opportunity to express one’s creative abilities and genuinely wanting to provide a service where there’s a gap in the market are all deciding factors.
Of the very many food and drink businesses that I’ve heard about in recent months, it’s the unique and innovative housebites,designmynight  and My Secret Kitchen that immediately caught my attention, and got me excited and curious.

Housebites   

The aim of this new web business is to revolutionise the takeaway market. You order just like a normal home delivery, and chefs in your local area cook the food and deliver it to your door. Exciting yet simple – why has nobody thought of it before?
The chefs are carefully vetted, and are either experienced, enthusiastic home cooks or people who’ve worked in top restaurant kitchens. For instance, in my area, on the day that I checked, I could order beetroot carpaccio with goat’s cheese and pomegranate dressing, or Persian saffron ice cream. Not your standard takeaway then.
Housebites’ CEO Simon Prockter and his co-founders were behind successful websites like Bebo and SpeedDater. What inspired them to come up with this ambitious idea? “A very bad experience from a market leading company,” says Prockter. “My order was delivered by a motorcycle courier with the helmet still on, who clearly had no part in the process and was walking away before I’d barely opened the door. The food itself was ok, although was clearly re-heated.”
“It set me thinking about many of the problems with takeaway”, continues Prockter. “You don’t really know who’s cooking your food or how good they are… You rarely… have a say in how the menu could be improved. And service is questionable if something goes wrong. After a long weekend of looking into the solutions to these problems, housebites was born.”
Housebites has only just launched in London. More areas are added every week, and the business will go nationwide in early 2012. If you’re a great cook, you can apply to be a chef. 

Designmynight

Set up at the end of 2010, this is London’s first price comparison website for pubs, bars and clubs. Designmynight gives you the insider track on new and established drinking venues – with a particular emphasis on budget-friendly places – including special offers, happy hours and guest lists. A free concierge service can provide personalised help with organising that extra-special night out.
Easy to navigate and kept continuously up to date, it’s no wonder the site has been enthusiastically received by customers. Co-founder Nick Telson explains, “Getting emails from our users has been the best part… It is this positive feedback that makes the job worthwhile.”
As for the future, he says, “There are a lot of plans afoot… Once we have perfected the model, we aim to take the site nationally and internationally… We are also launching designmynight deals in November… No… fish pedicures, waxing and teeth whitening; only deals on restaurants, bars, clubs… etc.”

My Secret Kitchen

Established in 2007, this award-winning business is “the UK’s first nationwide food tasting company”. It sells its own range of condiments, dips, sauces and baking ingredients through tasting events (and also its website). The wide selection includes imaginative products like beer bread mixes, artichoke pesto, oak-smoked rapeseed oil and Great Taste Award-winning balsamic reduction.
You can host tastings in your own home by inviting your friends along, providing a few drinks and getting a party atmosphere going, while their trained consultants prepare all the food and share several recipe ideas for each of the products. If you enjoy being a host, you could even go a step further and become a consultant. It’s the culinary equivalent of a tupperware party, a ‘try before you buy’ idea with a twist.
Co-founder Phil Moran says: “People in the UK are linking good food with good health, and {an interest in} food provenance is creating more and more home fruit and vegetable growers, and the downturn in the economic climate has meant ‘dining in’ is the new ‘dining out’. With all this in mind, it is a great time to be involved in the food and drink industry, particularly with artisan, unique products.”

A good idea

Inspiring words indeed. Speaking to friends, there seems to be no shortage of business ideas – from a telephone helpline that guides you through every stage of the cooking process, to a bespoke spice-blending service, someone, somewhere is thinking about it.
So, what is YOUR fantasy food and drink business idea? What delicious venture would you like to see become reality? And most importantly, are you brave enough to take the plunge? 
 

Tuesday, 27 May 2014

How to Start a Food Product Business

Many people have a special recipe or extraordinary cooking talents and think of developing a line of food products to capitalize on their gifts. However, more than a good-tasting dish is needed to start and grow a food business. In addition to legalities, which vary from state to state and even city to city, you will need to tackle marketing and developing relationships with retailers. If you have the ambition and drive, starting a food product business can be lucrative and rewarding.
Focus on a specific type, or niche, of food to produce. This should be something you're familiar with making, and that you can make in a way that's better or different from foods currently on the market. For instance, you can make vegan fudge sauce, soul food seasonings or organic dessert mixes.

Step 2
Contact your state's department of public health and ask what are the requirements for starting a food product business. You may be required to obtain specific permits, such as a food enterprise license, or to rent a commercial kitchen to produce your food.
 
Step 3
Write a business plan detailing how you will start and grow your food product business. Include information about your chosen niche; startup costs; three-year detailed operating expenses; three-year profit projections; analysis of your competitors; marketing and public relations plan; plans for expansion and growth.
 
Step 4
Obtain the business permits needed in your area to run a retail business. This may include a fictitious name certificate (DBA), Employer Identification Number or state tax identification number. Your local small business development center can let you know what is required in your city.
Step 5Become familiar with U.S. Food and Drug Administration guidelines concerning the production and sales of food, including safety and sanitation regulations, how to choose appropriate packaging and how to properly label food products. Visit the USFDA's official website for the information you need at FDA.gov.
 
Step 6
Develop appealing packaging for your products. For example, if you start out by placing your spice mixes in simple jars, you can design attractive, informative labels for them. Packaging that stands out will encourage curious consumers to try your brand, and will give retailers an incentive to carry your products.
 
Step 7
Secure venues to sell your food products. Options include an internet marketplace, such as Foodzie, flea markets, fairs, festivals, wholesale to food retailers and grocery stores, or via your own e-commerce or brick-and-mortar store.
 
Step 8
Join a professional food producer's association, such as the the National Association for the Specialty Food Trade. Doing so will help you meet new suppliers, get business tips and ideas from peers, connect with potential clients and keep up on industry trends.
 
Step 9
Market your food product line. Send news releases to food product reviewers and publications that cover specialty food products, launch a promotional blog or website, and hand out samples at the events you attend.

How to Start a Business Selling a Homemade Product

Starting a business making and selling a homemade product can save you the considerable startup expense of leasing and equipping a facility. In addition, owning and operating a home-based business allows you to move easily between work and personal activities. This is an advantage if you are disciplined and focused, but it can be a problem if you are easily distracted.
Many types of products lend themselves to home-based production.
 
 
Step 1
Research the guidelines for producing a homemade product in your area. If you are interested in starting a food business, your options will probably be limited by regulations restricting the types of items that you can produce in a home kitchen as opposed to a dedicated commercial kitchen. You will most likely encounter few restrictions if you are producing homemade products such as sewn blouses or paintings, but you may need additional permitting for businesses such as welding or glass blowing, which can be dangerous.
In addition, the scale of your business may determine whether or not you can operate it out of your home. For example, if you make soap in limited quantities to sell at your local farmers' market you probably won't encounter much difficulty making your products in your home, but if you are manufacturing soap to distribute nationally you may run into zoning restrictions limiting street access for pickup and delivery, or manufacturing odors.
 
Step 2
Dedicate an area of your house to your business. You will operate your company more efficiently if you are able to keep your equipment and inventory ready for use than if you have to pack and unpack your business infrastructure every time you want to begin production because your business space is also your dining room table. If necessary, start with a small space and expand over time as your business grows. If possible, make minimal changes to your home to limit startup costs.
Step 3
Consult with your accountant about the tax ramifications of operating a business out of your home. For the most part, the IRS allows you to write off a portion of your rent or mortgage if you use your home for your business, offsetting your taxable income from your business. To legitimately take this tax deduction, you must measure the amount of space in your home that you use for your business, calculate the percentage it makes up of your total square footage and then take that same percentage of your rent or mortgage as a tax deduction.

http://smallbusiness.chron.com/start-business-selling-homemade-product-10927.html