Skip to main content

Three Simple Ways To Get The Most Out Of Your Catering Business




Catering is a popularly known business in Nigeria and other countries around the world. It is sometimes difficult to keep this business afloat considering its a contract business and you can not predict exactly when next your next catering gig will pop up. 


A few ways that you can use to get the best out of your catering business are stated below:
  •          Buy in bulk: You may not be able to buy everything in bulk because you will need perishables, but things like rice, spices, canned foodstuff and other non-perishables would be more profitting when bought in bulk.
  • Don’t be too modest, charge for what you need: Things like transporting to the market to get other things you need should be handled by your employer. They should be included in your budget, not to defraud them but to make sure you don’t spend more than you’re earning.
  •  Market your craft: Hold tasting events to show the world what you have to offer. People will only refer people to places they can vouch for so make it easy for them to vouch by letting them have a taste of your yummy food. You could also run really good advert and be sure to get good reviews from your customers.


Comments

Popular posts from this blog

Coronavirus: 5 Vital Tips To Stay Productive While Working From Home

With the outbreak of the novel corona virus, many companies and organisations have had to go on lock down. Directives have been given for those who can work from home to do so, thanks to modern technology. In case you find yourself in the category of those who have to work from home, below are tips on staying productive. 1.        Create a Work space Now that your home is your temporary office, it is advisable that you designate a part of the house as your work space. Avoid choosing the bed, sofa or TV area. This is to ensure you keep leisure and work spaces well defined. 2.        Prioritize your tasks For every day you need to work, make a list of the things you need to get done and in the order in which they need to get done as soon as possible. This will help you move forward and achieve your objectives. 3.        Create a work schedule Now that you are working remotely,...

Nigerians Now Sees CBN Intervention Funds As Audio Money

Despite the rhetoric, majority of Nigerians are still wary of the so called N1 trillion intervention fund. When the COVID-19 pandemic came with all her fangs, world leaders swung into action with the creation of intervention funds and palliatives to ease the burden of the average citizen. In Nigeria, asides the palliatives of foodstuff given by state and federal governments alike, drums were rolled when the Central Bank of Nigeria disclosed its support for critical sectors of the economy.   The apex bank first initiated a fund of N50 billion soft loans to small businesses. The N50 billion Targeted Credit Facility (TCF) was to serve as a stimulus package to support households and micro, small and medium enterprises (MSMEs) whose economic activities have been significantly disrupted by the COVID-19 pandemic. The financial institution for the scheme is NIRSAL Microfinance Bank (NMFB) and the interest rate under the intervention was fixed at 5% per annum (all-inclusive) up ...

FOUR THINGS YOU MUST DO BEFORE THE END OF 2020

December last year, I made a post on my Facebook handle about the four essential things one must do to have a prosperous 2020. This was borne out of the fact that people set ambiguous New Year resolutions and never gets to keep to them, they set big goals and get confuse when things do not go for them as planned. The essence of this post is not just to reach wider audience but also to remind you that small goals matter as they sum up to big goals that we desire to achieve. (I will talk about small goals some other time). The Four Important things you must do before the end of 2020 are:- 1.        Create Value: I will call this Value Creation, there is no need to go into the oxford, Cambridge and other authors definition of Value Creation. In 2020, you must make intentional efforts in creating value for yourself, your business, your family, friends and even foes. People tend to stick around when they see that value is being created around a p...