Looking for ways to earn cash? Starting a food business is oftentimes one of the easiest ways to earn extra income.
Filipinos love to eat and food is one of the most popular products to sell in a market or bazaar. Food businesses are also easier to manage if you have a full-time job to attend to. It is not uncommon to hear of food bazaar regulars that juggle a corporate job on the weekdays and manage orders for their food business on the weekends.
Below are three tips to get into the food business:
1. Get a franchise
Getting a franchise need not be expensive anymore. There are food and snack cart franchises that go for below P200,000. While getting a franchise prevents you from making costly mistakes if you were to start a food business on your own, be advised that you should make the extra effort to research about the concept and ensure that the company offers reliable franchise support. For franchise businesses starting at P150,000, click here.
2. Take lessons
Educating yourself on the ins and outs of the industry is one of the best ways to get started. Moreover, don\\\'t discount the wisdom of experience. Seek out the advice of those who have been in the industry for a long time. One of the country\\\'s largest trade events, the World Food Expo 2011 (WOFEX) slated from August 3 to 6 at the World Trade Center and SMX Convention, will offer free demonstrations and seminars for the aspiring food entrepreneur.
For those wanting to get into the catering business, WOFEX has a seminar on how to manage one for P1,500 on August 5. Call Premiere Events at (02) 929-7963 for details.
There will also be free lessons on pizza making, cake decorating, Italian cuisine and marketing to name a few. The full list of events can be found here.
3. Offer something different
Food bazaars are a thriving business around the metro and joining one can make your brand gain recognition. However, given how competitive the market is nowadays and how discerning the typical food market goer has become, you have to be willing to get creative. You can offer something different that is either a twist to an old favorite like bagnet or ensaimada or a local take on a foreign food trend like Korean-style fried chicken.
Another good idea is selling food items that are made exceptionally well for the right price. For example, those looking for authentic Turkish pastries or Spanish paellas are sure to satiate their cravings at any one of the stalls open every Sunday at the Legaspi Market in Makati.