Bottom Line: You want to operate a food booth but don't know how. Finally, the food concession business made clear. Like sitting at the kitchen table with your personal concession consultant, this book will let you in on all the inside secrets.
A detailed analysis of what the business entails and what you can reasonably expect to get out of it.
Creative ways to examine and define your personal concession goals.
An in-depth discussion how to estimate the risks and rewards.
Learn how to thoroughly weigh the pros and cons when designing your booth and menu.
Complete guidance on locating , analyzing, and getting your toe in the door when scheduling events.
Secret tips for management and operational procedures.
Proven inside tricks for outselling the competition.
Additional handy checklists, sample event and permit applications, operational forms and a planning guide to keep you on track.
Whether you want to earn some quick cash or launch a new and lucrative career, this one of a kind resource provides a comprehensive step-by-step approach to starting and operating a successful mobile food concession business.
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Barbara Fitzgerald has had a successful career in food concessions for over twenty years. She additionally held a position on the Oregon Food Services Advisory Board, founded Northwest Vendor's Network Association, and designed and operated a successful espresso cafe. As consultant to event organizers and concession start-ups, her dedicated passion for the concession business makes her a leading authority on this unique mode of self-employment.
EXCERPT: From chapter 2: When planning your concession business there are several very important questions you must first ask yourself:
What is your purpose for starting a concession business? Are you looking for an excuse to do a little traveling? Or, perhaps you have some spare time in the summer and wish to use that time to supplement your winter income. Maybe you have teenage kids who need a fun way to earn college tuition. Are you semi-retired and need to supplement your fixed income? Maybe you have arrived at a large amount of money and see an opportunity to start your own business. Or, maybe you are tired of scraping by as an employee and wish to become self-employed. Perhaps you are more or less unconcerned with making money, but simply looking for the tax advantages of being self-employed. Are you in charge of fund raising for an organization? Maybe you re simply a free spirit with a desire to be responsible for your own employment.
What do you ultimately expect to achieve from your concession business? How much is enough? Will you be happy to earn enough to keep gas in the motor home while you satisfy your wanderlust? Perhaps an extra five or ten thousand dollars earned in your spare time will bridge the gap left by your inadequately paying "regular" job. Or, better yet, be enough to finally take that trip, remodel the house, or buy a new car. Maybe a summer concession business will keep the kids busy, and assure them a college education. Or, perhaps you hope to eventually quit your job, make your living from your concession business, and use your spare time in the off season to pursue other interests. Maybe you have been laid off and need to get your bills paid. Which brings me back to; how much is enough? Can you accomplish your goal if you finish the summer with five thousand dollars in your pocket? Or, will it require seventy thousand dollars to feel fulfilled?
What are your financial resources? How financially capable are you of getting your concession started and seeing it through to the point where you have reached your goal? Do you have adequate resources available for start-up capital, as well as enough reserves available for the first season or two of low returns? If not, how do you propose to bridge the gap? Perhaps you will need to carefully siphon small portions of your existing income into your new venture. Do you have enough income from a source other than your concession that will pay the bills until your concession becomes viable? Are your financial resources such that you can afford the appropriate booth, equipment and vehicles to operate the concession you envision? Or, perhaps you will need to equip your business conservatively and expand slowly as your business grows?
What are your capabilities of logistically seeing your plan through? Will you be juggling your time and energy with other responsibilities such as parenting small children, or working another job? Are you physically able to manage a long, grueling season of long hours on your feet, and lifting and carrying heavy objects? Do you have a partner, or are you willing to hire and manage adequate help? What type of skills do you have for driving large vehicles, pulling trailers, conducting vehicle and equipment maintenance, and managing the business?
These are the types of questions you need to ask before you get started. The answers to these questions will define the type of concession you will start with and strive for. Your answers will also determine how long it will ultimately take you to reach your goal. If your goal is to supplement your already adequate income, then any profit made in the concession could be considered a success. On the other hand, if you yearn to entirely replace your current fifty thousand dollar a year salary, it could take a while longer. And, depending on your resources, capabilities, and opposing responsibilities, may or may not be achievable. ! Though we would all like to make that kind of money from our concession, most vendors go through a process of learning while growing that eventually gets them to the point where they reach a personal balance between logistically comfortable, and adequately prosperous. That said, if your goal is to earn a large income from your concession, you will likely have a difficult time reaching that goal if you aren t both capable, and willing to strive for a high volume operation.
A concession business with moderate expectations or financial and logistical limitations may be one that utilizes a small, inexpensive, and easy to manage booth to sell a small, easy to manage menu at small inexpensive events. On the other hand, a concession operator whose goal is to make enough money to entirely replace an existing income may need to operate several high volume booths through an entire season of large fairs and events. Many of these concessionaires spread their risk and optimize their returns by booking several different booths into different events on the same date.
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