Planning a Business: Food Industry
From KNEXT
Exploratory & Orientation Questions
- What have you thought about so far?
- Do you have a business plan? If so, next question. If not, general starting a business resources.
Marketing
Questions related to marketing in general and applicable across contexts.
- How do I find out who my potential customers are?
- How might I reach my potential customers?
- What kinds of marketing activities are possible?
Here are some industry-specific additional pointers:
Competition
Questions related to understanding competitors in a market
Here are some industry-specific additional pointers:
Revenue/Sales
- How can I estimate how much I could earn from my business?
- How might my potential customers pay for my goods and services?
- What kinds of sales channels are possible?
- What kinds of revenue streams are possible?
Expenses/Operations
Here are some general questions/resources
- What might it cost to run my business?
- How do I find out who my potential partners are?
- How can I find or choose a location for my business?
- How do I get medical benefits for myself and my employees?
- Where can I get funding?
And here are some industry-specific pointers:
- This website has some good resources for estimating startup costs for a food truck (which can range from ~$30,000 to $114,100, depending on the nature of the food truck, and local regulations: https://foodtruckempire.com/how-to/costs/
Legal
Here are some general questions to consider
And here are some industry-specific pointers:
- If you want to start a food truck, this website has a good collection of links to appropriate forms and processes, including food manager license, plan reviews, food service facility permits, and fire inspection: https://dmvfta.org/princegeorge
