Ft232062 - Sec 2 - Rohit Gupta - SHG Business Plan
Ft232062 - Sec 2 - Rohit Gupta - SHG Business Plan
• If you are a person who wants to start a business that holds minimum risks,
takes a small team and a little investment, then catering is the right choice
for you. Besides, another good thing about this business is that it starts
yielding profits as soon as it is launched.
TRAINING & SKILL DEVELOPMENT
• We need to train the person about the day-to-day activity of catering services.
• We can also involve a person who is already part of any catering service
business which will be useful to kick-start the business, his/her experience
will help other members quickly learn the challenges of the business.
• To reduce the cost food can be prepared in the locality & transported to the
demand center where it will actually consume.
• One of the important skills in this business is Handling hot food & utensils and
serving the same with minimum food wastage.
CAPITAL MONEY
• Capital or seed money will not be an issue for starting the business.
• Most of the equipment can be taken in rent to reduce the initial capital
investment.
• We can start the business from our small saving money on small scale, once we
get the advance from our client for the order, we can also scale up our business.
• For this business model 2-3 people can start working on small delivery, in long
run we can hire people temporarily based on the size of an individual order.
• After 5-6 months of service, we can also invest money to purchase catering
utensils based on the capital available.
PRODUCTION
• Small orders can be prepared in the locality and delivered through local
transport such as Auto rickshaws or small food caring vans.
• For larger orders food can be prepared at the place provided by the client
to reduce transportation costs and serve the food at the best quality.
• Production of the food will be based on order value to minimize wastage.
• Raw materials such as vegetables and spices can be purchased from the
local market or neighbors in bulk to reduce the cost.
SALES & MARKETING
• Sale of the food mainly depends on the awareness of the business in the
local vicinity which can be increased by word of mouth.
• Once we will delivered food to any parties or functions we can get
subsequent orders from their reference.
• If we can maintain the quality and taste of food, we don’t need to invest any
amount for marketing, and people will start referring us.
• We will try to offer the minimum possible price to our customers to get
more deals during the initial periods.
COMPANY FINANCE
• The catering company business plan should cover all aspects such as
startup expenses, market analysis, sales strategy, personnel plan, and an
extensive financial plan for the business.
• Proper bookkeeping of the transaction will be an important part.
• Receivable & payable policy should insure the availability of cash for
regular operations.
• We can also take a 30% advance payment to insure the proper function &
reduce the cash shortage for operating activities.
THANK YOU
FT232062
ROHIT GUPTA