Showing posts from March, 2019

Pros and Cons of using a private label co packer

If you are in a food business that means you get to deal with large quantities of food, on a daily basis of course. In order to produce a massive quantity of food, you need to have a large area suitable for food production. If you have a hefty sum of money or revenue, then you are surely going to be able to afford a large production area of your own but if you do not have that kind of cash, then you will be dealing with a Co-Packer. Before you start dealing with any Co-Packer, you need to educate yourself of their Pros and Cons. This specific article is going to focus mainly on the Pros of Co-Packer and mentioning very limited Cons. First, the Co-packer helps you in reducing your startup cost is you plan to produce a massive quantity of food. That too, in case you find the right Co-Packer! By ‘right Co-Packer’, I mean somebody who is able to produce the item that you need with the facility they have. Before you reach out to different Co-Packers, know that there are specific

5 Top Food Business tax deductions for your small business

For all of you out there who are interested in setting up your own food business, a restaurant or a cafe or any eatery maybe? This article offers information about five tax deductions that you need to be aware of before you set up your business. The mentioned tax deductions are not in order of importance, let's say most important to least important or anything of the similar sort, They are equally important and have a significant role to pay when it comes to the tax deduction. Food Costs: Food costs makes up around 40 percent of your total annual budget. Food cost is the most fundamental of any eatery. Even though it is also the biggest expense of an eatery, you would want to keep track of it. Always make sure to keep the receipts with yourself whenever you purchase food items from any vendor, retailer, supply company or even wholesale company. It is very basic information but an essential one for those of you who are new to this business or

Food Business Ideas Series Co Packers and Fulfillment centers whats the difference

 Food Business Ideas Series Co Packers and Fulfillment centers whats the difference  So what, I was going to get into this really quick question. It's about closing time. We're wrapping it up here. I'm actually doing this in our office, in our shipping department, which is all those wonderful boxes back there. Um, so I wanted to answer the question and just for a lot of, not a new, a new, uh, business owners, excuse me, to do a food business entrepreneurs to understand the difference between a fulfillment center in a Co-packer. So a really quick, so what a co-packer or a private label company does is that they'll take your product and they'll kind of do the manufacturing end of it. They'll bring together all of the products as far as the ingredients, the box, the label, whatever it may be. Um, and they bring together that final product for you. So the way it works is that you would have a company manufacturer your product for you. They put your label

How to start a small business Food business series : Trademark your FOOD

How to start a small business Food business series: Trademark your FOOD So why in the world would you ever really need a trademark for a food product and do you really need to secure a trademark when you first start? The answer to that is yes, I see is Damien from marketing food online and I've got another great video. I'm going to talk to you a little bit about trademarks and why they are important. Plus the fact that I firmly believe that if you start a food business, even from home, you need to secure a trademark as soon as possible. The duration of time it takes for you to actually secure one can be several months to even over a year and longer. It is a process to get it secured, but the reason why is that you are in the business to create a brand and if you want to create a brand with your food products, you need to have some legal protection about the type of trademark and the look of your logo and your name. Now, what exactly is a trademark? So I'm going to br

How to start a food business Selling food from home and delivering

It is Damian for marketing and food a lot. Hope you guys are having a great day. So I had a great question for one of my subscribers and it was actually in regards to starting a food style business from home and then having a delivery service, bring it to your customers. Can I do that and how can I do that if I can? That's what I'm a tougher right now. All right guys. So as I mentioned in the introduction, uh, there is a subscriber and I'm checking out his question here. So he wanted to know about opening a food business and delivering it to customers from his home. Um, so there's quite a few questions actually involved with the answer. And I know that may sound a little odd, but I'll explain. So number one, the first question is what type of cottage food laws do you have within the state that you are in? A cottage food laws will dictate the type of food that you can make from home. And most of the time, about 99% of the time, um, you can't make food that is

California AB626 Home based Business Food Business

California AB626 Home-based Business Food Business I've had a lot of questions about the following content that I'm going to give to you guys today. And it's about California's new bill, the Ab six two six, which is allowing homes to open their doors, almost like restaurants. And we're going to get right to it on marketing food online. So I've had a lot of requests and questions and a little bit of confusion mixed in with it as well. About what exactly is a B six to six and what is it allow home businesses, home food businesses, food entrepreneurs to really do in their homes and what can they make and what can't they make? And is it even a law that's actually going to benefit food entrepreneurs? So here is exactly, uh, here's a little bit of a rundown of what it is. It's considered a microenterprise home kitchen operation. That's kind of a long title for this type of a business, but it's basically a home based restaurant in a sen