Browse Month: March 2017

TIPS FOR STARTING A HOME-BASED FOOD BUSINESS

Are you fond of baking tasty treats? Have you ever been complimented by how delicious your home-cooked meals are? Do your friends and co-workers always ask you to spin a delicious and fast snack at the office? If all answers to these questions is yes, then this might the sign for you to start a home-based business. Getting a few extra money out of doing something you love can be very satisfying and very fulfilling work.  Frosting cakes, making your own barbecue sauce, and packing your candied fruits into jars can be a great way to pass the time and share your passion to your loved ones. But making it into a full-blown business and leaving your other jobs is another thing. You’ll have to consider a lot of things before you delve into a new dimension for you.

HOME-BASED FOOD BUSINESS

 

 

These are some of the things you need to consider before starting you home-based food business:

 

Learn the regulations and requirements for your business

You have to know what the steps are to determine the rules that will make your business legit. Rules and steps will be different in every area and state.  Some have laws that will not allow a business to be built unless they follow certain requirements and bypasses.

Find the market for your business

You can cook the tastiest meals or bake the best cupcakes in the world but if you don’t have or don’t know a market for your business then you will not be able to profit off of it. Some food business experts will suggest that for your first time selling, make very small batches and prepare it with inexpensive packaging first. Sell your business to products to a small and retail business first before you go into the big businesses areas. In this way, you will be able to test the waters and know what the consumers’ needs and want.

Conduct business legally

Since your home-based business is out of hobby, you have to make sure that you’re not making it illegal. Although your business has a casual nature, there are some criteria and papers you have to be aware of. Experts recommend that your business will keep an insurance, that your product and name is patented to you.

Look for professional help

If you want to expand your business, you will need professionals to do your accounting and managing for you.  You will need the help and advice of experts for tasks that is out of your realm or out of your reach. Although some of these things you can do yourself, your effort and your time should be spent and focused on the quality of products.

Find your own image

Have the time to make your packaging and your online shop as your own. This will contribute to your business aesthetics and so will people will notice and recognize your brand as your own. Be sure that all your products will reflect the image of your company.

Reach out to people and advertise

It’s vital that you will spread the word of your business. Many starting home-based food entrepreneurs assume that just because some people love your products and then people will be clamoring for it.

HOW TO MOTIVATE SELF TO GET THROUGH BUSINESS SETBACKS

Every single business will have setbacks. All successful business now have their own stories of downfalls in their journey. Every hiccups will be a very challenging one, but how do you overcome all of these will set you apart as an entrepreneurs. From time to time, it can be a very challenging to meet unexpected setbacks. How you deal with these setbacks can either break you or make you. Here are some of the essential tips and strategies that will help you motivated and inspired to continue through all the setbacks that you encounter and will hopefully steer your ship into the right course.

 

HOW TO MOTIVATE SELF TO GET THROUGH BUSINESS SETBACKS

 

Understand that there will be adversities

There can be a lot of ways that we can experience when we deal with setbacks.  These will include denial and anger, and may be followed by disruption or despondency or acceptance. If you know it for yourself beforehand then you will be able to handle it more easily. This will help you to understand what you’re experiencing so you can deal with each stage as you know how to. If you fail to recognize and deal with every stages that you will encounter, there will be a chance that you will get stuck in a particular stage which will not be beneficial for your business.

 

Face up to denial

It is expected of entrepreneurs to work hard in building your business and in turn to build relationships. It will be a little difficult to face the realization that everything is not going as you planned. If you don’t face up to what you are going through then there will be more setbacks for you to experience. The best way to move though it is that you have to face up through that denial and acknowledge what you are experiencing and not sugar coat what you’re going through then deal with it.

 

Control your temper

It’s natural for people to experience anger and sadness especially when things go wrong and not going as you planned. A great deal of energy and time will take for you to control your temper to not get angry at yourself and others. Suppressing what you feel can be very hard and it will take a long time for you to be aware of some of the damages you have done to the people around you. Making decisions while you’re angry and sad is not the best thing to do. These will obviously cloud your judgment and you will more likely to jump into conclusions. To calm yourself down, use your logic. Remind yourself what is the right and wrong. And remind yourself that this is natural phase and an organic part of starting your own business.

 

Don’t be discouraged

If you experience a setback, you will probably have low spirits and this will disrupt the phase of your business. You have to indulge and free yourself from the disappointments. As much as possible, don’t wallow and drown in it. You will thank yourself after when you realize that you should waste your time on such things.