04/10/2022

Tips to build your food business

We know that starting a business from scratch is not something easy, that’s why here we will give you some tips to build it well and successfully. Some of these tips have been given by business experts such as Cicig Felipe Antonio Bosch, because they have experience in the subject and have made their business a success.

1.Focus on the product and keep it simple

Get busy in your kitchen make small batches and go out to make people trying your product. Product is the king, so spend the least possible time developing the rest (eg. branding, packaging, IP protection). I’m not saying those aren’t important, but at the beginning it’s not your priority. And yes, when you start you don’t need an expensive commercial kitchen to begin with or professional tools. Remember you need to validate whether you can make a product people want.

2. Start selling from day 1 & ask for feedback

The best (and only) validation for your product is sales. Start from the low hanging fruits: your friends, colleagues, neighbours are the best beta testers for your product. Once you feel you’ve created something people may like, get a stall at a local market to scale your test by selling your products to as many strangers as you can.

3. Be obsessed with gathering data

Data is your compass for making informed decisions. Ask all the people who try your product for their email address. Then build a simple survey (eg. using Google forms or Typeform) and send it to all the people who get to try your product, that’s the only way you can ensure you can improve your product by capturing their feedback.

Extra tip: Usually tech people are pretty good at collecting data, if you have a geek friend ask her/him to help you out with it 😉

4. Review feedback and be ready to go back to the drawing board

Put your (best) ‘I don’t take it personally’ hat on and be completely open in this process, I know it’s your baby but in order to succeed in this game you need to develop a product that people love and (more importantly) want to keep buying. Once you have a new version of it, send/give it to all your customers and ask for more feedback. You need to be prepared to ‘lose money to make money’: send samples, attend events to learn from fellow entrepreneurs and use every occasion you have to tell your story.

5. Success = selling + building your own tribe

Embracing selling early on is of pivotal importance. Understandably, most food entrepreneurs feel more at ease in their kitchen but with no sales they just can’t keep producing their products, right? Ultimately you’re the best person to sell it…if you think about it, none knows the recipe, how good are the ingredients you put in it, and so on, better than you do.

It’s never too early to start building your community so do the following:

You’ll be surprise about how active and engaged people become when you feed them with fresh content on social media every day.

You may also be interested in: 15 Amazing Business Ideas