Background : Include some information on the catering industry at both the national and local levels. Take note of industry trends and try to forecast future developments.
It should include a market research that identifies your competitors, their share of the market and the range of the products they produce. By learning how they conduct their operations, you may learn tricks of the trade in the business you want to enter and you also get to have a basis on what you can do to excel.
Market Analysis : Undertake some market research to get a better idea of the opportunities that currently exist in your market. Do a competitive analysis to get a better understanding of your competitors. Once you understand more about them, set out a plan for competing against them by offering something different in the way of menus and services.
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.
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