Running your own catering business is a great way to make a full or part time living, but it does come with some disadvantages. Knowing the pros and cons before you start can help you decide if this is a good business decision for you.
Advantages of the Catering Business
Catering is an enticing job choice to many because it carries a great profit potential. A good caterer can make a lot of money even when only working part time. Catering also appeals to many because it can be run out of the home. Caterers rarely need a separate office space if they don’t want one. Additionally, start up costs are generally low. Any needed equipment can often be rented for a cheaper price than buying. Catering works great for people who are looking for a part time job. Stay at home moms and dads, or people who already work full time find catering appealing because of the ability to only take jobs when you have the extra time. For people who like to cook and are creative, starting a catering business is an excellent job choice.
Disadvantages of the Catering Business
Catering does have some disadvantages over other part time jobs. While a caterer usually only works when he or she wants to do a job, each job can be extremely time consuming. Depending on the type of catering done, a caterer may spend many long hours preparing for and working on an event. This can be very taxing for the person who is trying to cater part time. Caterers need to be extremely organized and willing to work in a high-stress environment. Those who don’t do well under pressure probably wouldn’t take well to catering. The caterer also needs to be prepared to deal with difficult clients and fulfill odd orders. Finally, catering is much more labor-intensive than other work from home jobs. The caterer must be prepared to spend long hours on his or her feet. If this doesn’t appeal to you you can also look into other work from home jobs such as internet marketing or starting an ATM machine business.
The fact that there are many disadvantages to catering means that it isn’t for anyone, but for many successful caterers the pros outweigh the cons. Knowing ahead of time any difficulties you may encounter can help you determine if starting a catering business is worth it to you.
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The Pros and Cons of the Catering Business by Steve