One of the most popular shops for first time business owners is the takeaway. Most people make the big mistake of thinking it's an easy option and this is the reason that takeways make for a huge percentage of the small business ventures that fail.
As a takeaway you don't have the same challenges as a restaurant but the business still requires careful consideration and planning.
The first decision is what kind of takeaway. For some it is a matter of culture or ethnicity. Indian and Chinese takeaways are very popular and tend to be run by people from those races. Others, like kebab shops, fish and chip shops, pizza house or sandwich bars are more general.
The key to any business is sales so you need to give major consideration to location and trading times. For example a sandwich bar near a large industrial estate is going to be good for daytime trade but it's probably pointless being open in the evening or weekends. A kebab or pizza shop would probably do well close to pubs and nightclubs. Of course, check out the competition and check practicalities such as parking and loading restrictions.
You can also consider whether you will include deliveries in your service, possibly a good idea if your location is close to a large residential area. A free delivery service as an opening offer is a good way to build up an initial clientele. You can bring in a charge after the introductory period.
To make things just a little easier, find a location that already has the right licence. If the building has previously been associated with food it will be a good deal less hassle than have to change the use registered with the local authorities. As well as having the right licence, you will need to comply with health and safety regulations and taking a basic food hygiene course would be an advantage.
As well as thinking about fitting out your shop and which suppliers you'll work with, you must think about and get the right takeaway insurance. You will need building insurance to protect the shop, insurance to cover your stock and contents, business interruption insurance is a good fail safe, public liability insurance is an absolute must (and a legal requirement) and you'll need employers liability insurance because you'll have staff working for you. If you're unsure about the whole question of takeaway insurance, consult an agent or research thoroughly on the Internet: www.specialistrisks.co.uk is an excellent place to start.
The key to success is planning. Getting things right first time is vital because making changes could mean a severe hit to the budget.
At, the end of the day though it is the quality of your food and the customer experience that will dictate whether you succeed or not.
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