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In this comprehensive guide, we will explore how to start a pop-up tasting event company. Today’s attempt to grasp the definition of cooking and eateries in all their forms is a wild ride. There are high-cost, experiential restaurants with unrecognizable chemical formulations of alleged “food,” and there are still those coffee shops that offer meatloaf and mashed potatoes on Wednesdays. Where does your interest lie in opening an eatery or food-related business? In this article, we’re discussing one of the newest forms of eating entertainment. This is a company focused on providing food for customers and entertainment services that partner with the food. Check out the steps to take when you are ready to start a pop-up tasting event company.
1. Research Your Target Audience
In the pop-up tasting event model, your target audience will be wide open to anyone who is invited to attend. This means you’ll need some guidance from the clients who hire your company for the event. In preliminary meetings, ask your clients to describe the average attendee and indicate the age, occupation, interests, and associations, if known. For example, if a cutting-edge software company is hosting a pop-up tasting event for potential clients, the menu might focus on fresh, organic ingredients partnered with fusion flavors of the world. If the pop-up tasting event is to be held as a fundraiser for the parents of high school students, the menu would highlight food favorites, such as roasted vegetables, sirloin steak, and dipping sauces.
Determining your location boundaries will also be part of identifying your target audience. Consider the areas you and your staff will be willing to travel to, i.e. distances, certain venues, and entertainment centers. Your clients may choose a location within your company boundaries that requires extra equipment or additional preparation time. These considerations will also come into play when identifying your target audience.
2. Assess Your Competition
Are there any pop-up tasting event businesses within a 50-mile radius of your location? Are there conference or convention centers in your area? Is your city a state capital or other governmental collection of agencies? You’ll want to search for your competitors, determine the menus served, and figure out the pricing models offered. Try to discover if menus are specialized toward any type of consumer or merely typical in nature. The more you can learn about direct or indirect competitors; the better prepared you will be to meet and overcome offers by creating unique offerings of your own.
3. Build a Detailed Business Plan
Although the core of a pop-up tasting event company will be a mobile one, the business plan should be stable and solid, such as this business plan in starting a successful business. While completing your business plan, you’ll piece together a marketing strategy, financial projections, your mission and objectives, an operational plan, and several other components to create the plan. With the completed plan in hand, you can present funding needs to lenders, investors, bankers, or other financial executives.
4. Secure the Facility for Your Prep Kitchen and Office
Although most meal and menu preparation companies rent commercial kitchens in lieu of leasing or buying one, it is a clear stamp of determination to purchase a kitchen of your own and move administrative offices into it. Choose a property that has enough room for storage, food prep, cooking, and baking, in addition to washing and sanitizing equipment as needed. Your location should also have a good-sized area for holding prepared foods on trays in racks and a double door entry to facilitate packing for the delivery of tasting menus.
5. Obtain Permits and Licenses
You’ll need to apply for permits and licenses to operate a commercial kitchen and serve food to those outside your home. Start with the county in which you live to determine food handler standards and go from there.
6. Plan Menus and Service-Related Tasks
When you have gathered the necessary information from your clients to prepare the pop-up tasting event, you can begin composing menus and estimating the service needed to support the process. Use restaurant software to assign stations, arrange employee schedules, and set menus. If needed, use this catering business plan template to focus on the specifics of the catering business. After each tasting event, you’ll want to debrief your team and assess the project, making notes for improvements along the way.
Start a Pop-Up Tasting Event Company: Conclusion
Start a pop-up tasting event company business is a process that involves a love of inviting foods, prepared in a way that draws people together, during a variety of events. Given a sturdy business plan, exciting menu options, and excellent service, this pop-up tasting event company will certainly launch and continue successfully toward long-term growth.