Why is it profitable to start a food delivery service business? This is the reason. Food.
The food business is a multi-billion dollar industry. Every year, more and more restaurants, fast food chains are earning large amounts of income / profits by serving food at home. That is, they put up fast food chains, restaurants, food stores and spent huge investments in marketing and advertising to attract customers and make their brands “branded” into the stomach and the subconscious of every consumer.
To find your place in the highly competitive food industry only means you have to stay in the kitchen and enjoy the competition.
But what if there is an untapped angle from this multi-billion business where you can start small, without the need for big marketing or advertising and still make big profits?
This is where the food delivery service business comes in. Listed below are 5 main reasons why it is possible to start a food business even when you have no experience in the food industry. Why is it profitable and how can you make a big profit in this food business opportunity.
Why Start a Food Delivery Service Business
1. Food delivery services are still an untapped food business opportunity.
The idea of restaurant food delivery has only begun to stretch and has not yet been fully utilized by large investors, companies or established food businesses. Providing food from multi-restaurants is still a new idea for most food industries.
And because this is a new idea, more consumers will be happy to try this service if they have it in their area. Especially if they can get their favorite restaurant food or dishes without leaving their home or office.
2. You can run this shipping service part time or full time
Running your own restaurant, food chain or simple food stall, requires that you spend most of your time managing all aspects of the business. After you set up your own food shop or restaurant, most of your time will be spent at your business location.
On the other hand, food delivery services are flexible in terms of the time you spend managing them. You can do it full time, but you can still make this business work for you even if you have another business, daily work or you just want to limit the hours spent on your business.
3. Not too much paper that functions to accumulate.
This business is not too difficult to handle in terms of tracking your receivables and debts. Restaurant delivery services function by asking your customers to pay for food delivery before you pay for restaurants. However, not all restaurants allow this system and you must have a good understanding or agreement about payment and order. A professional system and a clear proposal will help you negotiate with the restaurant of your choice.
4. Don’t need a big investment.
For those who are thinking of starting their own business, especially during this recession, they are mostly worried about one thing – investing. There are a number of small businesses that allow you to start a business with a small investment or no investment, but that does not always guarantee that you will get a good ROI within a year or at least get leverage. You might just waste time doing it.
Investment in the food delivery service business compared to other areas of the food industry, is relatively smaller. You don’t need a restaurant location, you don’t need to hire a number of employees, and you don’t need to buy food equipment at all.
You can even start running your food delivery business without employees. A plus factor in this type of business is you can get a contractor, or if you insist on getting employees, you can recruit 2 and you’re ready.
5. There are no big advertisements or marketing campaigns.
The food delivery service business works best per area / location. And you can easily distribute brochures or brochures or make your mini van painted with your business name, logo and contact number and that’s it.