Convert your love of cooking into a highly rewarding delicacy shop business idea. The food industry is one of the biggest and highest earning business. Now start your journey towards an outstanding delicacy shop business.
THE BUSINESS IDEA
Love cooking? Often cook for parties and applauded for great taste? Then you might be missing a great business opportunity. At delicacy shop, you will be selling different prepared foods including sandwiches, cooked meat, salads, pastries, fries, soft drinks, coffee, tea, milk, chicken tuna etc.
You can add other products to your menu according to your region. Delicacy shop receives most of its customers during lunch time. However, you can also offer breakfast to earn more profit. Try to be unique and creative with your food products. High quality at the minimum price will help you to cope with the competition.
The marketing strategy will play an important role in the progress of your business. Advertise in local newspaper and radio. Print flyers with a description of different food products and their prices, and distribute them in colleges, universities, and offices. At the start of business, you will have to offer a few discounts to attract customers and test your food products. You can also offer home delivery services.
Management and communication skills will also play an important role as you will be managing your staff. Maintain high standards of food quality and cleanliness. Seating arrangement should be enough and properly designed. Your staff should be properly trained to engage with customers. Customer satisfaction is everything, talk nicely and always serve food on time.
Most of your clients with be students, passengers, and office workers. However, at weekends families will also visit. Exceptional customer service and high-quality products make this business successful.
Shop: A properly designed shop at the famous eating point. Location nearby office district, industrial malls, and educational institutions are also a good choice.
In-home: Start cooking in your home kitchen and offer delivery services in your area. Suitable as home business or part-time idea during COVID-19 pandemic.
- Food court: Establish your business in food courts mainly in parks, shopping malls, train stations, airports, etc.
- Social media: Use social media channels promote your business through YouTube videos marketing and Facebook posts.
The startup cost for a delicacy shop business idea is high. However, the profit potential is high as a delicacy shop is often marked up 100 % or more. Contact Business Titans to learn more about the potential revenues and costs to run this business.
THE KEY BENEFITS OF THIS PROJECT
- A business which offers a variety of food options and possibilities. You can also offer to drive-through service.
- Enables you to unleash your cooking passion.
- Low production costs and high customer demands.
- Print and social media marketing approaches result in high market potential.
- High startup investment but business can generate.
Service 1 | Pre-Studies
Start your journey with one of our three Pre-Studies if you are not yet fully sure about your project:
Option1. Project Pre-Study: You have a business idea or consider to import/export a new product, but you need a qualified second opinion? Business Titans checks your business idea or project for you and provides a detailed analysis on the opportunity, its risks, feasibility and profitability.
Option2. Pre-Opening Plan: Do you need to get an overview of the detailed steps to implement your project? Entrepreneurs who wish to have on the operational level a sound overview of the steps they need to take to set up their new venture or product should look also into this option.
Option3. Project Exposé: Do you need a professional presentation to introduce your project to a demanding audience? Successful entrepreneurs understand that the presentation of an idea is as important as the idea itself. The approach Business Titans is applying is to send always an appealing Exposé of the project before sharing further details. Only if there is a vivid interest that you feel among your audience, you should share confidential documents such as Pre-Studies, Business Plans, etc.
Service 2 | Business Planning
Option 1. Business Plan Consulting: You draft the Business Plan with our Guidance, we review and enhance the final version. Business Titans supports you to develop a Business Plan. You draft your own Business Plan with our guidance. A senior member of Business Titans will then finalize your draft with enhancements, research data, adapting the contents and forms according to the expectations of the final recipients, including banks, lending partners, equity partners, landlords, insurers and regulators.
Option 2. Business Plan Outsourcing: In this option, the entire process, including the development of the business model and Business Plan is handled by Business Titans. You will be first interviewed to understand your vision, resources and capacity.The rest will all be done by us and presented to you for the last minor adaptations. This version gets a Business Titans certification to be used for 3 years (as long as there will be no major changes on the Business Plan).
Service 3 | Weekly Coaching
A Business Plan is (and should be) in a constant evolution. The more you get into your business environment, the more you are able to fine-tune it. However, the best Business Plan will not be more than a paper if you do not implement it in a disciplined and consistent way.
- Option 1: Try-Out Session
- Option 2: 2-Weeks Package
- Option 3: 4-Weeks Package
This is why Business Titans has extended its services with a Weekly Coaching dedicated for the step-by-step implementation of the Business Plan that we have developed together.