Outline any competitive advantages that you may have. Do you have any catering business qualifications or skills? Have you have experience in the hospitality industry? Do you have existing relationships with suppliers or prospective clients?
Startup Costs and Considerations: List out startup costs and initial operating costs and then calculate the total amount of startup capital that is required before you can open your doors to clients. Make a note of the sources of funding that are available to you and the advantages and disadvantages of each option.
There are many ways to set out a business plan. Below we offer a sample catering business plan template that is divided into twelve sections.
Financial Factors : The finance is always at the end of any business plan. This should include the finances that are expected to go in and out. Writing business plans is pretty simple and does not take too long to write. However careful research should be done before writing up your plan. The information included should be accurate to avoid any unexpected turn of events.
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