Starting a Food Business
Starting a food business is a formidable task. Expensive research must be done to derive a suitable recipe for commercial production. This is followed by tests that have to consider shelf life as well as the cost of the product. Quality has to be balanced against profits and the final decision is likely to be based on the market for which a food item is to be produced. To be a success, it is imperative that the food product be of high quality and fill a marketing niche.
CHARACTERISTICS OF A SUCCESSFUL ENTREPRENEUR
The small business entrepreneur will need certain personal characteristics to be successful in establishing a food business. The characteristics common to successful entrepreneurs include: