Valuable Solutions in the Food and Beverage Renaissance
Dramatic changes bring a variety of new opportunities. Emerging trends, such as ghost kitchens, have gotten strong media attention as of late. A rising demand for prepared meals has opened the door for culinary professionals to transform their catering experience into a thriving meal prep business.
As these markets continue to grow, so does opportunity for seasoned culinary professionals in search of a fresh start. While there is certainly quality talent out there, getting started is not an easy thing to do for a first-timer.
Regulatory compliance, liability insurance, financial overhead, vendor accounts, branding, marketing…all fundamental aspects of a sustainable business and none of them have anything to do with food production. Is it a surprise that these are the biggest hurdles food entrepreneurs face?
We previously touched on new resources that are more readily available, reducing the learning curve and eliminating the growing pains. In an industry that traditionally has a negative success rate for new businesses, implementing smart technology and creative business solutions makes starting a food business much more palatable.
Ingredients Shared Kitchens offers low overhead commercial kitchen space to start or expand a food business, as well as a variety of valuable resources that allow culinary professionals to focus on what they do best…create amazing food.
In the early stages of a food business, day-to-day operations can be time consuming. Any thoughts of expanding into new markets are immediately forced to the back burner. Ingredients does the leg work for its users, helping to identify new opportunities for growth. A broad network of flexible kitchen space facilitates simple expansion into additional markets.
Ingredients members are able to search for a kitchen based on their budget, location, availability, storage, and equipment needs. In addition to a wide variety of kitchen space, members will have access to a “compliance wizard” that lets a food entrepreneur know what requirements must be met to operate specific types of food businesses depending on their local regulations.
One commonality is the need for liability insurance. The Food Liability Insurance Program (FLIP) offers fantastic options that are designed specifically for independently owned food businesses. Whether you’re a caterer, personal chef, food truck owner, or meal prep business, they offer policies that are designed to cover exactly what you need.
It isn’t a stretch to say that we may be entering a renaissance period for the food and beverage industry. We’ve already seen a variety of new adaptations and innovations. Valuable resources, like those provided by Ingredients and FLIP, offer solutions that can turn the developing ghost kitchen and meal prep markets into profitable business models for food entrepreneurs.
Ingredients provides food entrepreneurs access to kitchens-on-demand, reserving and paying for space, storage, and equipment on the spot. Onboarding specialists work with members to ensure that they are kitchen-ready, assisting with barriers that may be holding their food business back. Ingredients members also have the opportunity to receive discounted kitchen rates, as well as additional business services.
Ingredients offers a Shared Kitchen Management platform that allows kitchen owners to passively monetize their kitchen while it is not being used. Various automated features, as well as a client management team, create a new revenue stream for kitchen owners without disrupting day-to-day operations. Shared kitchen operators can sleep easy knowing that each lead has been pre-screened for proper compliance and insurance.
If you’d like to learn more, visit Ingredients.Kitchen
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