Because I am doing the catering industry myself, I share 2 points of the real situation, which can give you a good idea and direction.

If you are currently a triple no, don't be brainwashed by those entrepreneurial toxic chicken soup, you can't afford any failure.

Your source of funds can only family support, borrowing money, loans and other channels, when you fail, you may use a few years to pay off the debt, so that you live a very stressful life.

In such a case, it is recommended that you first clarify your goals and know the industry you want to do in the future. You can enter this field part-time first to learn from the experience and get all the information about the real situation of this industry.

When you have accumulated enough capital and experience, then choose to start a business success rate will be much higher.

If you have more capital, or have done business experience before, directly on the start to do it, as long as the early reasonable planning risk can be.

As an example

I personally started the company from 2016 - 2018, although I lost money, but accumulated a lot of experience in entrepreneurship.

I decided to do a restaurant in the second half of 2018, I first did a planning, I can take out the most money for myself this time to start a business, at that time, it was about 100,000, so I chose the project to make sure that all the expenses are controlled within this range before I can do it and leave 10,000 of working capital out.

With a capital budget, I looked for a program that would also have a high repurchase rate and high public acceptance, which would allow me to reduce the cost of educating the market. I eventually chose to open a fresh milk bar, the products are pasteurized fresh milk, a variety of handmade yogurt, fruit loaf, yogurt ice cream, warm yogurt and so on.

Dairy is an industry that not only has a low investment and a high repurchase rate, but more importantly, it is suitable for people of all ages, so I invested in this industry.

When the store opened, I also made plans for the next few years, how I want to promote, how to attract customers, how to optimize the product on a regular basis, how to open up the market, and how to increase multi-channel income. When I plan, these 5 years, all step by step implementation, completed.

Currently I have more than 1,300 stable members who are customers who spend money in my store. I also reached a group meal with many companies, and my products and technology to make the characteristics, I also trained more than 100 students across the country to open a successful store.