Businessing Magazine Logo Businessing Magazine Logo

5 Good Food and Beverage Business Ideas to Start

5 Good Food and Beverage Business Ideas to Start

If you are passionate about food and beverages and are looking for a way to make an income, you should consider starting a business around your passions. When you enter the food industry, you can create and/or sell products people will truly enjoy.

If you have the drive and determination to start a food or beverage business but don’t know what you would like to sell, don’t worry because there are plenty of options out there, all you have to do is find the right one.

Brewery

Beer is one of the most popular alcoholic beverages in the world and beer sales keep growing every year. The global beer market is valued at $623 billion and since the demand is so big, you won’t have any issues finding customers.

Don’t think you need to have a large brewery to start a business. All you need is one brewer kettle, which costs around $2,000, a passion for making beer, and enough ambition to keep going. With these three combined, you may soon find success.

Don’t think you won’t be able to compete with large brands because people always want to support local brewers, especially if they offer interesting flavors and craft beer. And until you find success, you can start as a part-time brewer and have a flexible schedule.

Probably best of all, the beer brewing industry has a very simple business model. You just need to acquire a license, learn the ropes of the business, and create a brewery business plan so you can stay organized and know how you’re going to achieve your goals.

Coffee Dropshipping

Millions of people all over the world start each morning with a cup of coffee, drink the beverage during meetings, on dates, and so on. In 2020/2021, around 166.63 million 60 kilogram bags of coffee were consumed worldwide and it’s safe to say the popularity of coffee isn’t going anywhere.

When the pandemic hit in 2020, a lot of people changed how they shop, which explains the newfound popularity of coffee dropshipping. This may not be a new business idea, but there’s no better time to do it than in 2021.

Selling a widely available product like coffee might seem counterproductive at first but it’s actually a great business idea because your customers are already familiar with what it is. If you find ways to make your coffee more attractive and offer something new coffee drinkers haven’t seen before, you can’t fail.

An International Food Store

Opening a simple grocery store is always an option, but if you want to do something more interesting and unique, you should consider opening an international food store. This type of store offers imported food from different countries and nationalities, some even stock international commodities.

Opening an international food store is a great option for those who love exotic foods and love to learn about how different cultures prepare their dishes. Additionally, people from various cultures love to shop in these stores as they want to get a taste of home, so you will have a chance to learn a lot about the items you sell from your customers.

Catering/Meal-to-Go Business

If you have a passion for cooking, starting a catering or meal-to-go business is probably something you would thrive in.

For a catering business, you need to have management skills and be a good planner. If you want to start this venture alone, you can offer catering services on a small scale, but you can also have a couple of partners or employees and do it on a large scale, catering at big events like weddings.

Unlike catering businesses that prepare food for events and parties, meal-to-go businesses prepare home-cooked meals and deliver them to their customers’ homes. These businesses are really popular with people who have busy schedules but still want to have a home-cooked meal every once in a while.

If you opt for this business idea, it would be better to offer healthy choices to your customers because that’s what is currently in demand. If you know how to prepare meals that are low in calories and fat but rich in taste, that skill can be a goldmine.

Food Kiosk Business

If you think spending your day serving customers on the go is a great way to run a business, opening a food kiosk might be the venture you’re looking for. Food kiosks can sell anything from treats, such as candies and popcorn, all the way to fast food like burgers and hotdogs. The possibilities are practically endless.

It doesn’t take a lot of investment to start this business and there is a possibility of growth if you play your cards right and know the secrets for running a successful business. Just make sure to find the perfect location to situate your kiosk in– something with high foot traffic like a mall or an amusement park, for instance.

Conclusion

Whether you decide you want to sell food or a beverage you produce yourself or a product you get from a supplier, you can still create a profitable business. Just find something you are passionate about, have a plan on how you want to grow, and start making money even with very little investment.


short url:
https://bsng.us/cof

by Rebecca Jones // Contributor to Businessing Magazine.

Opinions expressed by contributors are their own.