MyConcessionBusiness.com

Posts Tagged ‘foot traffic’

Are you looking for a quick way to make money? Would you love to become self-employed but don't know where to begin? Do you want a business that will allow you to turn a profit fast? Surely you have seen concession trailers at fairs, festivals, parks, sporting events or even in parking lots or on busy streets. Chances are you have even been a patron at a few.

Has it ever occurred to you that a quick way to make money is to open your own concession trailer? This is a business that you can start up with a very low investment that offers high profitable returns. It can be a part time or full time job and the best part is you are guaranteed to make money. As long as you are setting up your business somewhere where there is foot traffic, the hungry people will come to you. Advertising costs aren't even necessary like with a traditional restaurant!

It doesn't matter if you have no experience in the food business or if you are a good cook or not. It really doesn't matter even what food you choose to sell. All concession food is popular and adored by the masses and of course, very profitable.

The concession food business is not only a quick way to make money, it is also a recession proof business. Even during financial downturns when other businesses fail, a concession food trailer will not. Unlike a restaurant where people have an unlimited choice of places to go, a concession food business is completely different. When you are set up at events, people have to eat, they come to spend money and there are no restaurants available. People will stand in long lines for your food because they have to and because they actually want to, its all part of the novelty of getting their favorite food.

If you are looking for a quick way to make money where you can finally set your own hours and work for yourself, open a concession food business and take control over your future.

  If you have been to a fair or a festival, there is almost a guarantee that you have patronized some type of a concession business, whether it was food or drink. Fairs and festivals really are ideal for the concession business because a good percentage of visitors come to these events for the sole purpose of eating and they come to spend money.

 Just like baseball is associated with hotdogs and peanuts and the movies scream buttery popcorn, fairs and festivals represent some of the favorite foods of many people, especially funnel cakes, pretzels, elephant ears, cotton candy, caramel apples, ice cream and of course, hotdogs and popcorn.

 Fairs and festivals are the ideal venues for concession stand businesses because they provide a constant flow of foot traffic that purposely comes hungry so they can eat as much of their favorite food as possible. There is no restaurant competition to deal with. The only choice that people have is to purchase concession stand food, not that they would choose any differently anyway.

 These events offer low overhead, easy set up and a guarantee of hundreds or sometimes thousands of potential customers everyday. Even if the weather is bad and there is an off day in visitor numbers, all of the employees of the fair or festival still need to eat.

 These places are full of concession stands and most business owners will watch out for each other. Bathrooms are convenient as are water sources and waste removal and the profits are huge. On a hot day, people will spend a large amount of money on a beverage as long as it is cold enough to quench their thirst and cool them off. The best part is there really is not a “bad” location to be set up at, there is the potential for huge profits whatever location you secure.

 Concession stands symbolize fairs and festivals, you almost cannot have one without the other. These exciting events offer concession stand business owners the opportunity to make a substantial amount of money in a very short period of time.

  Finding the right location for your concession business can most definitely be a daunting task. Location is the key component to the success of any business, especially a concession stand. The location possibilities are truly endless to set up shop at including fairs, festivals, carnivals, flea markets, malls, parks, etc. Of course, the spot that you ultimately choose is often going to be influenced by just how much money that are willing and able to spend to secure your desired location.

 Outdoor events are perfect places to look when you are trying to find the right location for your concession business. You are looking for a spot where there is a consistent flow of heavy foot traffic. Carnivals and other outdoor activities are ideal to set up at because there is easy set up involved and overhead costs are generally quite low.

 Keep in mind that the prime locations at an event are going to cost you more than being in the sidelines so this gives you another huge decision to make. You may choose to pay top-dollar because you know the profit will be well worth it if you set up where the masses will flock to eat or you can often pay a substantially less amount of money and be where there is less foot traffic. However, if you are selling a more original product that other concessions may not have, you may opt for this choice because the people will travel a few extra steps to access your product.

 You may even want to consider setting up at food drives or charity garage sales. These events draw a giving crowd and if you are giving a small amount of your profits to the cause, you will attract even more traffic.

 There are endless possibilities of where your business can take you. Do not put a lot of stressful thoughts into finding the right location for your concession business. Go where the people are, sell a tasty product and offer outstanding customer service and you will do just fine.

Are you anxious for the day that you can become self-employed? Owning a catering truck is one of the easiest ways to get started in the food business. You may have dreams of owning your own restaurant and this is a stepping stone or you may find that you love the freedom and flexibility of a catering truck business so much that you want this to be your career. But, where do you begin?

1. Obtain Licenses and Permits – When you begin a catering truck business of your own, you will need to get a local business license and you will have to meet food business requirements that are set by the Health Department.

1. Buy a Catering Truck – Rather than having a retail location or a store front, your business will be ran completely out of your catering truck. You can either build a truck for this purpose or you can buy one that is already designed with all of the bells and whistles that you need. Economically, the best option is to buy a used catering truck but you will need to thoroughly inspect it, drive it and make sure that all of the appliances are working properly.

1. Plan Your Menu – The menu posted on your catering truck should be simple to read and easy to understand. Keep in mind that you are usually dealing with people that are on a limited amount of time on their lunch hour or a coffee break. They want food that is both tasty and easy to eat complimented by quick and efficient service.

1. Develop Your Route – Location is one of the most important elements of any successful business. You need to choose locations where there is plenty of foot traffic and hungry people. You may want to devote your breakfast hours to the corporate world who may already be on their first break at the time when other company employees are just arriving and then cater to the factory and construction workers in the afternoon when these hard working employees are the hungriest. It is extremely important that once you establish you route for your catering truck business that you remain consistent, arriving at the same time everyday so your customers will know when to find you.