understanding the Costs associated With Catering company Start Up

To start any business, there will be some start up costs. When it comes to a catering business start up, there will be some costs that need to be considered prior to jumping into the idea of beginning your own catering company. These costs, of course, will rely heavily on how big your business will be overall, but some of the initial costs will include things such as:

Licenses and Permits
Before any catering business can even open its doors, it must have the allowable license and permit in order to operate. Check with your local government agencies to ensure you have the allowable paperwork in order first. These do cost money and for each city these fees will vary. So factor them into your catering business start up.

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Equipment
Obviously you cannot cook without the right kitchen tool and appliances. Even if you plan to do your business out of your home, there will still be serving equipment, cooking ware, etc. That you will need in order to get started. If you are renting or purchasing a market space, then your list of tool and appliances will be that much larger. Look for market pricing and wholesale goods if you can when it comes to pricing your items. You can also lease the tool if you are looking for a way to cut costs while you get your business started up.

Initial Supplies
Before you open your doors you will need initial supplies in order to do so. These can be sure food staples, spices, etc. That will be used with just about any order that you get in. You can buy most of these items wholesale, but their costs should be factored in.

Professional Costs
Another catering business start up fee you may encounter is for accountants, lawyers or even service staff. Price out the costs of these or factor in the costs of them if you have already hired these services. You can use temp agencies for serving staff as well until you are able to afford a full-time staff.

Extra Funds
Even though you have all of the costs written down, you will still want to have money set aside for any unforeseen costs. These can be due to inflation, extra business, lack of staffing, etc.

understanding the Costs associated With Catering company Start Up

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