By Hoge at September 02 2019 18:08:25
Figure Out How to Do It _ Every entrepreneur has a very idealistic image in their mind of the kind of business that they want. Getting to that point is a process though and you need to work out a path to get there. One great way to figure out how you will proceed is to first write down what you want to do. Next, write down as many questions as you can about how you are actually going to do it. These will include questions like 'Will I do on_site or off_site catering?', 'How will I get access to kitchen facilities?' or 'How many catering jobs will I need to land each month to break even?'. As you slowly work out the answers to the problems that you come across you can write them down in the appropriate sections of your business plan.
You may not have thought much about your competition or outsourcing some of your work, but things like that will impact your ability to make a profit. And you will find this especially so in the beginning phases of your business. Even you are just opening a lemonade stand in the front yard, you will still need to know what Susie is selling her lemonade for on the next street over!