Food Parlor is one of the most profitable business and best business to start with little money.
Starting your own food parlor business in India can be the a very rewarding and the best food business ideas with low investment and high profit.
Marketing, Risk, Registration, Location, Staff, and operating your own food parlor business will require a lot of work and dedication, but with proper preparation, you can definitely make it in the field.
In this article, you will learn how to start your own food business in India. Find detail information about business plan, market potentials, , Investment, License and Registration, risk, Marketing, competition, and earning.
This is one of the most successful small business ideas in India. If you are planning to start food business in India, you are at the right place.
Hope, in this food business ideas you find useful information about food business. Entrepreneurs and startups can start this most profitable business and earn money. food parlor is one of the best business to start with little Money.
4 Food Business Ideas
Food is a daily essential that all human being needs. Every one need food to run his/her life. Some times we eat for our health and sometime for taste.
Usually, we all like to eat out side food. There are many types of places, which we select according to our needs. Like we go restaurants, hotels, Food parlor, Lawrie’s and dhabas. It all depends to whom we are going and for what purpose.
Here we are talking about food Parlor, which is trend. A small place where we can enjoy snacks, desserts and shakes with our family and friends. Now a days food parlor is very popular among youngsters. They enjoy eating fast food in budget with their friends.
For small business investment, it is a good idea that you can go for. Now days food parlors are in trend.
Mostly we go for small get together with friends and family and food parlor is the best place to meet.
As Food is everyone’s need may it is for students, job persons, businessman or anyone. When people are out for work food Parlor is a place where they can silent their hunger in less time.
So, if you want invest in food parlor it is a right decision. The food business will never see downfall if done by good strategies and tasty food provided in budget.
Food parlors are of many types, you can go for any according to your experience and budget.
1. Ice cream Parlor
Ice cream parlor is one of the best parlors that you can go for. The ice cream parlors are set for all seasons. People also eat ice creams in winters too. Do something different to attract in your parlor.
Customers usually came for ice creams but if you present things differently, your parlor will be famous and customer can spend more money for your flavors.
Go with the trend, what customers want and how creative you can serve them. It all matters. Design your place attractively or unique, so that customer can spend good time there.
It doesn’t mean that you have to spend more money to decorate your parlor but you can also go for low-cost designs.
2. Fast Food Parlor
Fast food corner is youngsters best place to go with. Then often find places where they can get tummy full in less time. That’s fast-food centers provide them.
So, if you want to go with this business you can go. Here you can show your talent too by attracting customers by different attractive dishes.
By making normal dishes to unique, you can make the difference. Give a stylish name to your dish that’s too attracts the customers.
So, if you are going for this business, you are in aright path. Do differently or attract customer with some attractive offers to attract customer.
You can also organize a small event for students, so that they take part and enjoy the food, or one to one food offers. About more marketing strategies we will discuss later.
3. Food Truck Parlor
Food truck parlor is very innovative idea, and lot of people are doing this venture. This western idea food truck are of two forms. The first type is the stand-alone eateries in the shape and size of trucks generally parked outside office buildings and malls.
However, they are regular food hawkers parked in the same spot every day. And the second type of, are drive around the city and park in different areas on different days.
These trucks are mobile eatery, they cook and serve while on move. So, this is a good business idea that you can opt.
4. Parlor food Hall
If you can invest more, go for a food hall. Take a place on lease and design a food hall. There you can make different food corners and different sitting style.
Go for a unique menu card that attract customer. Style of sitting and food presentation should be different. Uniqueness will attract the customers.
Pros and cons of food Business
Flexibility:- You can give as much as time into the business. If you want. If you like the work and have some initial experience, you can start with small and manage all aspects of the business.
Ability to start your business from home- It is not compulsory to start your business with big store, You can do everything calmly from home, at least in the beginning, later with experience you can move in some shop like place.
Scalable- This business changes very quickly as there is always a demand of new features. So, you have to experiment time to time with new dishes, to reach all types of customers.
Unlimited Income Potential-With starting a food parlor business there is no cap as to how much income you can make. It all depends upon your business skills, energy and time you put into your profession.
You are your boss- You are your own boss, when you are opening your food parlor. You have right to take all decisions of your parlor. No one can rule you.
Minimal experience required- To start a food parlor you need little experience, there is no need of any certificate or qualification.
Crowded Space-Competition is very high when talk about food parlor. You have to be uprated all the time that what is in the market and where the demand lies.
No safety Net- In your food parlor, no one is going to give cheque in last of the month, as you are the owner you have to pay-cheque to employees every month, weather you reach the goal or not.
High overhead expenses- There are too much high expenses in the parlor business, that you have to manage. Make a budget and work accordingly.
You might struggle financially- In starting you have to struggle a lot. Make less your expenses. Invest money to boost up your business. Adjust yourself according to your earning. So that later you don’t have stressful situation.
Investment in Food Business
Your investment will be according to your selection of parlor. If you want to invest, less go for small parlor with less sitting and few dishes served. In starting you can go for small business later turn it to the big parlor.
So, it’s all depend upon how much you want to spent. Let start from home, there will be less investment. After getting the little experience, take a fly.
Market Research and Potential
Before you enter in market or, going to start a new business, study the market. What is the need of customer, or which style of serving attracts the customer?
You also have to check, which grade customer you are going to serve. Because different standard needs different food quality. So, check and decide before entering in this field.
Collect information with other parlor owners, what difficulty they are facing? So that you can save yourself. Also check the potential of this work. Do have ability to handle this type of work.
Check how other owners work and how much they save from the expenses and how much margin they save after the work and expenses.
Raw Material required in Food Business
Raw material is also needed in this business. You have to find the place from where you can buy good and cheap products in bulk. Vegetables, oil, sauce, cheese, butter etc.
You have to manage from whole sale market, so that you can get margin after selling the prepared food. Find out the nearest hole sale market where you can easily reach.
Machinery & Equipment
If you are in ice cream and juice parlor you need machines for that like mixer, juice maker etc. In starting you can go for small machines but later for big parlor you have to go with big machines to cover more customers.
Food Business Process
The process is all depends according to your venture. If you are creative, you can give your parlor a unique way. You don’t need any designer to design. You can save money here.
Simple find a place for your parlor and manage some sitting arrangement or you can also go for standing way. Bring products related to your dishes and start cooking.
There didn’t need much preparation for the small parlor.
Find a location accordingly. Check where you can get more customers. parlor more works near school and colleges or near any institute. Find a place and food style you want to serve to your customer accordingly.
License and Registration for Food Business
Government has planned to be licensed every foo business owner; it may be vendor/ hawker needs to obtain a food license from FSSAI. These licenses are of three types.
- FSSAI Registration
- FSSAI State License
- FSSAI Central Registration.
FSSAI stands for Food Safety and Standards Authority of India. You can go for online or offline registration or you can hire any C.A for registration. If you are doing little business from home, you don’t need any license and registration.
Staff Requirement in Food Business
Staff requirement all needed according to you business strength. If you have small parlor only 2 to 3 person needed for bigger you need 4 to 6 persons, But if you are doing from home and capable to do all with yourself, then nobody is needed. Staff required; how much customer came in your parlor at a time.
Food Business Marketing
Marketing is needed in every business, it helps to grow the business. You are running a food parlor then you have to do marketing about your parlor. How people will know about your parlor and food you are serving.
All you can do is with the help of advertising. Do Advertising through social media, this will be cheaper to you. While making website and approaching other media are in higher price.
You can also go for pamphlets for marketing. These pamphlets are distributed through newspapers, where you can mention your shop name with snacks items and the discounts, to attract customers.
Risk in Food Business
Every business had risk. You have to take pains in that. Food parlor also need the same inner strength and long-time working capacity.
Some times business didn’t work and you have to go through loss but if you manage your expenditure run the business in budget, you will definitely gain profit.
Summary: As we know food business is all time inn business, but some time lack of experience was the reason of down-fall of the business. So, before you enter in any business, start from small, by this you will not fall in a big tension.