These days, the catering business is becoming a very profitable option in the country. Whether it’s a wedding or a birthday celebration, people want tasty food at special events.
If you are good at cooking and can offer quality catering services, this business can turn out to be a great source of income. Let’s find out how you can start this business, how much it will cost, and what steps are involved.
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Make a Plan Before Starting
Before starting a catering business, it’s important to plan well. You should be clear about your goal, target customers, cost, expected earnings, menu, services, and the level of competition.
Decide the Type of Catering
There are different types of catering businesses. You need to choose the type you want to start. For example—wedding catering, birthday party catering, corporate events, food truck services, or theme-based catering.
Licenses You Will Need
To run a catering business, you need some important licenses and approvals. These include an FSSAI license, GST registration, Shop Act license, and permissions from the fire and health departments.
What You Need to Start
To begin a catering business, you’ll need several items like large cooking pots and pans, industrial ovens, plates, serving trays, cutlery, refrigerators, freezers, and vehicles for transporting the food.
Cost of Starting a Catering Business
The cost of starting a catering business depends on how big you want to start and how much you are willing to spend. You might need:
₹1 to ₹3 lakh to set up the kitchen
₹10,000 to ₹50,000 for licenses and permits
₹50,000 to ₹1 lakh for buying cooking equipment
₹10,000 to ₹20,000 for marketing
₹10,000 to ₹50,000 (monthly) for staff and other running costs
How to Promote the Business
You can promote your catering business using social media platforms. Besides that, local advertising and newspaper ads can also help attract customers.
How Much Can You Earn?
Your income from a catering business depends on your service quality, customer base, and marketing. On a small scale, you can earn between ₹50,000 and ₹1,00,000 per month. On a larger scale, the monthly income can go up to ₹5,00,000 to ₹10,00,000.