Are you a foodie looking to turn your passion to business. Here are 10 best small business ideas & opportunities for foodies with guaranteed ROI in 2020.
Business ideas abound a great deal and every day we see budding entrepreneurs embrace one business idea or the other. If you have always nursed the ambition of starting a business of your own and do not know the type of business to do, then it just may be time for you to look within. Looking within conversely has to do with checking to see things that you have penchant for.
For the purpose of this article, we would be looking at the food sector. Therefore, if you have a penchant revolving around food then you may consider the tips to be given in this read. Please do note that it is important that you have a knack for this and are determined, so that you do not start the business and then leave off right in the middle of it all.
If you are a foodie who is looking to turn your passion to business, then respite is here as you can get winning business ideas in the food industry that are able to guarantee returns on your investment in no time at all. There are ideas that may or may not be capital intensive as such. Now, let us see these ideas.
10 Profitable Small Business Opportunities for Foodies in 2020
If you are a very great cook, then now is a great time to turn these skills into something that can generate you good money. You may consider starting a restaurant business. You would need to look for a good location to start this business and also you have got to decide on the kind of meals you would be whipping up for buyers. It could be local or intercontinental, depending on how you want to serve people and whom you are serving.
The rates at which outdoor events hold these days have increased more than never before. It is for that reason that you may want to turn your passion of cooking for instance to money by starting an outdoor catering business. This would require that you have several utensils that would aid your service outdoors. These type of events may be weddings, corporate and informal events.
3. Culinary School
There are some folks who have no inkling about how to whip up meals. It is for that reason that you may consider starting a cooking school. Here you would be required to teach people how to start and finish a meal. Here, you would need a space; you would also need to draw up a curriculum for your courses. It is important that you check with other competition so as to leverage on their flaws and achievements overtime.
4. Cook Show
Yet another business that can be started as a foodie is a cookery show. You have got to figure out what the show would really entail, for what duration it would be for, amongst others. It is needful that you note that starting this type of idea might not come so easy, as you would need some good money to start.
5. Can food Business
If you have the financial wherewithal, then you may want to look to start canning foods. This could be rice, soups, beans and what have you. This type of business is lucrative, as you are required to start a factory where the foods would be canned. If you do not have the resources to start this venture, then you can get a loan, ask angel investors to help, as well as family and friends.
You may also consider the supply of meals to individuals, as well as corporate people. There are some folks who may be too busy to whip up a meal. You can start out by supplying them with the type of food they want.
7. Raw Food Supplies
You can also look to starting a raw food supply business. Just like the cooked meals business, as mentioned earlier, you can start to supply individuals, and organizations raw food supplies. Already in some parts of the world like Nigeria, the foodstuff business is a very viable one.
You can as well turn your interest in food to a profitable venture, by being a chef. It is important to note that you would be needed to go update your skills, if becoming a cheff is one of your goals. You would be surprised at the number of clients you are able to get.
You may also want to consider farming of food crops. With this type of business, you would need land or space where the crops are cultivated. You can decide to grow on a small scale, as well as on a large scale. The onus lies with you to decide which you want to do first.
10. Blog on Foods
Up next would be to blog about foods. This means that you can begin to blog on nutrition as you use different food as a case study. If you look through the internet already,. You would find that there are loads of blogs. You may consider starting with word press, blogger, and what have you.
There you have it, 10 business ideas for foodies that you must begin to look closely at. Those who have walked any of this part have had success stories to tell. Hence, you too must be ready to embrace any of these ideas if you want to go really far in the business world.