Is setting up a local food business profitable?

[Imran_Noori]

It is also very lucrative in this part of the world. Both young people and old people can venture into this kind of business and maximize profit but you must know how to cook well.

Cooking well is the key to be successful in this business, once your cookings become popular in your region then you can make alot of money with it.

 

[Emmy]

It is profitable once you can produce what people want. Like I am in a location whereby my local food is not valuable but there's a woman who sell my local food. I branch to her place while coming from work to satisfy myself. So also many people that we are of the same tribe do.

 

[Grant]

If you can find an area in need of one, you might be able to succeed. But otherwise you need a lot of money to make it a reality to begin with, and that's easier said than done.

 

[Chibson]

Cooking well is the key to be successful in this business, once your cookings become popular in your region then you can make alot of money with it.

I believe people that does not know how to cook well can actually learn it. Everything can be learnt. If you have the money you can also hire people who can do the job perfectly for you. I have seen people that do that.

 

[Imran_Noori]

I believe people that does not know how to cook well can actually learn it. Everything can be learnt. If you have the money you can also hire people who can do the job perfectly for you. I have seen people that do that.

You are right, anything can be learnt but with patience and consistency, you will not become pro in something as soon as you start it because it needs some time.

 

[Chibson]

You are right, anything can be learnt but with patience and consistency, you will not become pro in something as soon as you start it because it needs some time.

Patience and consistency is very important and necessary if you want to learn anything. It is not something that can be learnt overnight but once you are consistent enough you'll probably learn.

 

[Good-Person]

Patience and consistency is very important and necessary if you want to learn anything. It is not something that can be learnt overnight but once you are consistent enough you'll probably learn.

Well, I have seen many people running food business all the time. One of our close friends started this business. However, they had to close the business because they were not able to manage it properly at all.

 

[Chibson]

Well, I have seen many people running food business all the time. One of our close friends started this business. However, they had to close the business because they were not able to manage it properly at all.

such businesses is not something you will venture into because you hear other people saying that it is profitable. Food business needs to be properly managed and if possible employ people in order to maximize profit.

 

[Good-Person]

such businesses is not something you will venture into because you hear other people saying that it is profitable. Food business needs to be properly managed and if possible employ people in order to maximize profit.

I think that people were not able to manage food business, especially restaurant businesses. This happened during the pandemic. The fact remains that this also lead to closure of many businesses in the end.

 

[Chibson]

I think that people were not able to manage food business, especially restaurant businesses. This happened during the pandemic. The fact remains that this also lead to closure of many businesses in the end.

In this part of the world a few food businesses were allowed to operate during the Corona virus pandemic but some of them were afraid in order not to contract the virus. Generally if you can manage a food business well you will maximize profit.

 

[Trey]

The truth is that not everyone can afford an eatery or a classic restaurant. Those people who can't afford these places are the bulk of the population and they are always patronizing all these local food stalls.

 

[Sotherefore]

Soo many people would set up a local food business and setting up a local food business is very easy to start and it is lucrative if you can prepare different cuisines and prepare a delicious meal because it is what will promote your food.

It depends, over here when considering of starting a local food business and you are interested to deal with local food , it must always be the type of food that will be patronized by people living in that region. High population of people who are interested in the food you are dealing with will increase your chance of getting patronize.

 

[Shigobad2020]

Setting up a local food business store is one of the best and the most lucrative business you can do online to make better profit , but you need to search for a good targeted location where people need what you are selling .

 

[Heatman]

There is a woman that sells food using some wheels in my country. She makes good money from her food business because she has lots of patronage on the streets.

Any kind of food business is always going to be lucrative because people will always eat whatever they are very comfortable with eating which is why you have to make sure that whatever food business that you are involved into is prepared very well so that people will be very happy patronizing your business.

 

[Good-Person]

Any kind of food business is always going to be lucrative because people will always eat whatever they are very comfortable with eating which is why you have to make sure that whatever food business that you are involved into is prepared very well so that people will be very happy patronizing your business.

Well, certain kind of restaurants have failed in my area. They started in the local market area, but they failed. No one was buying food from them. I think that the location of the business was good. However, they were not able to capitalise on that and ended up closing the business.

 

[Heatman]

Well, certain kind of restaurants have failed in my area. They started in the local market area, but they failed. No one was buying food from them. I think that the location of the business was good. However, they were not able to capitalise on that and ended up closing the business.

I believe that they must have done something wrong that actually made a lot of people not to be interested in patronizing whatever they are selling and they actually even didn't do well in trying to do a very good PR that is going to improve customers views about the business.

 

[Mostee501]

Setting up a local food business can be profitable if done correctly. However, success in the food industry depends on various factors, such as market demand, competition, location, quality of products, pricing, marketing, and operational efficiency.

 

[Heatman]

Setting up a local food business can be profitable if done correctly. However, success in the food industry depends on various factors, such as market demand, competition, location, quality of products, pricing, marketing, and operational efficiency.

Competition actually plays a very good role when it comes to the survival of any local food business of restaurant that someone sets up because if you are not offering something that is of a good taste and high-quality, you will most likely lose your customers to your competitors.

 

[Good-Person]

I believe that they must have done something wrong that actually made a lot of people not to be interested in patronizing whatever they are selling and they actually even didn't do well in trying to do a very good PR that is going to improve customers views about the business.

Well, they failed because they were probably not offering something special. Certain restaurants offer exceptional, high-quality food and this is how they basically become popular in the first place and location is also another factor as well.

 

[Heatman]

Well, they failed because they were probably not offering something special. Certain restaurants offer exceptional, high-quality food and this is how they basically become popular in the first place and location is also another factor as well.

It is just like one of the old popular restaurant business in my country that is called Mr. Biggs which all of a sudden started losing their popularity and over a period of time they stopped their business activities and that's the end of the business.