Posts Tagged ‘Food Business Analysis’
Food Business Analysis
Profit food business could reach 100 percent. Certainly this is so tempting and many people who glanced at the culinary business. However, many people are confused about how to calculate business capital to start their own businesses.
Overview of business
1. Raw materials
In the manufacture of food, try to find a food that is easy to find in stores, traditional markets or malls. It is recommended to buy quality raw material, because it will produce delicious and nutritious food.
2. Equipment business
For small and medium scale enterprises, see the back of your kitchen, if any kitchen equipment that can be used. If it does not yet exist, it is advisable to purchase business equipment in small volumes at first.
3. Labor
In a small scale, it is better handled with the family food production. Because in addition to not pay for labor, materials and manufacture of quality food is more awake. Another case when the number of orders started to increase, there is no harm in hiring labor.
4. Packaging
How to package the food to be sold need to be prepared. Keep the packaging attractive to give more value in your product. Many consumers who buy food because the packaging is beautiful or unique. How simple, use plain cardboard sticker affixed to the business or brand name of your food. If the business is growing, you can improve the quality of produce cardboard packaging with different sizes under the brand name printed on cardboard.
5. Promotion and sales
Many ways in which to promote food as a banner or business card. Promotion of consumers through word of mouth is also effective, especially if you liked the quality of the food market. Another way is through a website promoting or selling online. As an initial step, you can join sale of food in the cafeteria or the nearest store.
6. Price fixing
The selling price depends on the segment that you shoot. This is related to material prices and big profits you want. Usually the food between 50-100 percent profits.
Investment costs
Allocate the investment cost includes the purchase of goods that will be used to produce food, in the long term. For example, gas oven, gas tubes, mixers, pans, molds, scales, and others.
Operational costs
Operational costs are fixed costs added variables. The definition of fixed costs is the cost of depreciation of investment goods. For example, the oven is estimated in good condition up to next four years or 48 months. Thus, the value of depreciation per month is 1 / 48 times the price of the oven.
While the variable costs include the price of all materials or services needed for a month, such as flour, margarine, sugar, eggs, wage labor.