6 helpful tips for home-based food business start-ups
Know your
target market so you can narrow down your food offerings, as well as
package them according to the buying behaviors of your target customers
One of the silver linings
of the COVID-19 pandemic and community quarantine is that they gave way to many
delicious food home business start-ups. However, while majority of the
start-ups continue to thrive today, home-based food businesses
take a lot of work and require thorough research and planning to survive the
ever-changing market.
If you’ve also been thinking of starting your own food business, let Solane,
the country’s leading LPG solutions provider, guide you and help you. The
trusted LPG gas of many business owners, Solane helps guarantee safety and
weighs your LPG with its “Timbang Challenge service” which is essential
for food business owners who want to get the best value for their money.
Additionally, Solane also offers these practical tips to succeed:
Know your target market. Identify which group your business will target:
Is it the health buff or dessert lover? Millennials or moms? By knowing your
target market, you will be able to narrow down your food offerings, as well as
package them according to the buying behaviors of your target customers.
Conduct market research. Since the food industry is very competitive,
it’s important to do your research before opening your own food business. Join
online seminars, safe business networking events, and interview people who run
small business to know what works and what doesn’t. You can also test your food
recipes on your family and friends and ask for their feedback so you can make
any necessary changes for the best product possible.
Prepare licenses and permits. Check with the Department of Trade and
Industry (DTI), Bureau of Internal Revenue (BIR), and your local government
unit to familiarize yourself with the necessary licenses and permits when
opening a business. These documents are required to protect public health and
safety, keep track of your finances for tax purposes, and help keep you
accountable for your company’s actions, while simultaneously gaining the trust
of new customers.
Use quality equipment. Aside from the ingredients, the kitchen equipment
that you use are just as essential in running a food business. Make sure to
invest in durable kitchen equipment, such as an oven if your business is baked
goods, or a quality stove range to keep up with the demands of your food
business.
Prioritize safety. In any food business, it’s important to
follow proper hygiene and sanitation to ensure food safety. Restaurant owners
should provide adequate hand sanitizing solutions, require employees to
regularly wash their hands, and clean all kitchen tools and surfaces. Food
business owners should also use high quality and safe LPG tanks, such as
Solane, which conducts a free 7-Point Safety Check upon delivery to your home
to help ensure that the LPG tanks are safely installed.
Promote your business. Get your family and friends involved in helping
you spread the word. Consider spending a little money to advertise your
business in your online community groups, and social media. Maximize the social
media platforms and e-commerce business sites by creating your own business
page to help your start-up reach a bigger market.
Starting your own home-based food business may be a risk and an uphill battle,
but with hard work, ample preparation, the right equipment, and these tips from
Solane, you can begin this new venture with more confidence. To know more about
Solane, visit www.solane.com.ph.
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