Expansion
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Expansion
Have just bought a catering business supplying factories offices also catering for. Parties weddings etc . Have zero experience , anybody got any advice apart from good bread and decent food which are my priorities .
Regards
Matt
Regards
Matt
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Re: Expansion
I was doing catering last year, nice little earner, and good margins.
The best advice I can give you is don't be greedy!!
People usually ruin their catering business in the end by cutting back on quality/portion size to make an extra couple of quid. Customers disappear very quickly.
Also, always be thinking of new lines/products, just like in vending people get sick of seeing the same thing week in week out.
Always put your self in the customers place and think to yourself A: would I eat that? and B: would I pay that much?
Good luck!
The best advice I can give you is don't be greedy!!
People usually ruin their catering business in the end by cutting back on quality/portion size to make an extra couple of quid. Customers disappear very quickly.
Also, always be thinking of new lines/products, just like in vending people get sick of seeing the same thing week in week out.
Always put your self in the customers place and think to yourself A: would I eat that? and B: would I pay that much?
Good luck!
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Re: Expansion
Thanks Mark, I was thinking the same, I suppose it just gets tempting if profits drop! Cant wait to get started to be honest.
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Re: Expansion
what do you get when you buy a catering business?
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Re: Expansion
staff , vans , catering equipment, premises, turnover and goodwill.,
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Re: Expansion
What type of catering are you doing mike?
I was doing a kind of meals on wheels service for a bunch of old folk in a retirement complex, really easy to do and good margins. Only problem was I lost customers quite frequently (for obvious reasons!), so in the end I would have had to increase prices or cut back on portions or quality to maintain a good income. I decided I would rather not do it than do it badly!
Seems like you've bought a much larger operation though!
I was doing a kind of meals on wheels service for a bunch of old folk in a retirement complex, really easy to do and good margins. Only problem was I lost customers quite frequently (for obvious reasons!), so in the end I would have had to increase prices or cut back on portions or quality to maintain a good income. I decided I would rather not do it than do it badly!
Seems like you've bought a much larger operation though!
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Re: Expansion
Mainly corporate buffets, it just suited me as it has drivers and premises which we were looking for anyway , so thought it was a win win as its already paying for itself
Regards
Matt
Regards
Matt
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Re: Expansion
Good on ya Matt....You have Gordan Ramseys build.... l
Burgers go in round rolls
Hot dogs in torpedo rolls
Any other questions ? .....
Burgers go in round rolls
Hot dogs in torpedo rolls
Any other questions ? .....
- Coin Operated Group
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Re: Expansion
cheers gave will remember that one.
So how do you make spotted dick?
So how do you make spotted dick?
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Re: Expansion
Pour custard over my dads head....jobs a good un