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Nowadays, the people with affluence and money try to flaunt their wealth by holding catered parties. In fact some people take it as a matter of importance to hold catered parties. Catering services can be done cocktails, dinner meetings and others.
So many parents today who do not have time for their children, they go to work and do not really make it up to their children. Therefore, the holds parties and lavishly spend in other to make it up to their children. In these parties they employ the services of caterers who organize the parties. Caterers do so much work from catering in smaller parties of children to organizing large conferences of more than a hundred people.
Catering services are very big money earners, a very big catering service can earn up to $100,000 per year while a small one can earn up to $10,000 per year. This can be depending on how dedicating and ambitious you are. Starting a catering service a survey around the country shows that you need $500 to start while to make it fast you have as much as $15,000.
For you to start catering business you have to be very good in customer relations. If you are given a call you ask for the name, phone number and address of the caller, then ask the kind of event the person is trying to organize and its size. This will enable you know the amount to charge and your level of preparation. To be a good caterer you have to be a good listener and also take notes on what you are being told. If you have a feeling that you are not capable of holding an event, do not hesitate to drop the job because under performance can destroy your reputation.
Also, when organizing events, you have to make sure your presence is felt because this is a way of advertising yourself. For example, a birthday party, make sure you assist the celebrant by way of welcoming all guests, with this they may take an interest in you. Try not to overcharge because this may reduce your popularity. And finally make sure you give in your best in other to achieve and make more bucks for yourself.
There is a very good friend of mine who went on advertising in this very simple way. He gave about ten people his business card and told them that if they refer prospects to him, he would give them $10 on every one they refer him to.
In conclusion, this is a business which you can start with very small amount of money and turn out to make so much money by becoming a good catering service owner. So now is the time for us all to go out and make some cool money.
Recommended Books to Read If You want to Start a Catering Service
How to Start & Manage a Catering Service Business by G. Lewis
How To Start A Highly Profitable Catering Service
8 comments:
it is great to know that a few people are aware of party catering services. But here is for you admin, Is it possible to make good money from this sort of business as i have heard a lot about this service? Am based in France.
In btw, thanks for this post as it's a great eye opener for me
Yes Its really profitable if you play according to the rules.
I am going to try out this option and hope to update u guys on the out. i can wait to make some money in this blowing business for the rich.
maybe we can share on ideas here on this blog.
Yes Trying it out is surely a very good decision. Hope to hear your views soon.
Well i am based in the UK and the economic meltdown has made it hard to really invest here.
@ Andy
I noticed that u are from Nigeria and i want to know if ur real estate sector is worth investing into ? ...... cos it appears hard here in the UK at the moment.
Yes Nigeria's Real Estate Business is really booming and worth investing into. The sector has not been affected significantly by the global economic crunch.
In fact, this is the time to buy into the market when generally prices are lower.
good talk admin. if you need to start a small business, cake making is the way to go.
this is one item that the rich and the poor needs. so there so no way you can't money from it. there is no better small business around the country that requires this sort of little amount of money to start.
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