Starting your own business in the hospitality industry at home is not nothing. But rest assured, the startup scene in Denmark is booming. So there's plenty of reason to stay optimistic! Although starting your own business entails a lot, if you have the perfect idea for a small catering company, don't wait.
Of course, there is a lot involved and a lot to be arranged before your business can take off completely, so it is important that you think of everything!
Here are some tips to start your business from home:
Find your niche
It is true that you cannot run many businesses from your own home. You will not be able to start your own hotel or restaurant from your living room, but your own catering company is not tied to just having your own restaurant or hotel. You can also think of niches in the hospitality industry that you can easily run from your home.
For example, you can start as a freelance blogger and write about the hospitality industry. Work from home and write for your customers. Another idea is to sell your own creations or catering products online to catering companies. Get creative and find a niche in the hospitality industry that's easy to run from your home.
Keep it legal
If only you could put a banner with a logo on your house and show the world that you started your own business. It is unfortunately not that simple. There are many steps you need to take to start your business. If you do not comply with the rules and legislation, this can lead to high fines and even bankruptcy of your company.
Think, for example, of the insurance and registration of your company. Even if you are a sole proprietor, you will need to register and register online as an online business. The government keeps track of what you pay in tax. If you are going to work with food, you have to make sure that you have the right papers to be able to produce and sell it. All in all, you have to make sure that you exactly comply with the rules and laws with your company.
Control your finances
It can all get quite expensive to register your business and all the other things that come with it. That's why you have to take into account how much it will all cost. You will have to constantly pump money into the business to keep it going, especially when you are just starting out and customers are still hard to find. That is why it is important that you have your finances in order and that everything is well planned.
You will have to pay marketing companies to advertise your business online and you may also need to purchase catering products from companies such as Nisbets so that you have everything you need. Even if you only blog about the hospitality industry, you still need a computer and books to study the topics and write your text. You will need to make a budget in combination with a plan to get your business up and running. Keep a good overview of all current and future costs and make sure you are prepared for everything. Good luck!
