Because I am in the catering industry, I will share 2 real situations to give everyone a good idea and direction. 1. Friends who have no capital, no resources, and no experience

If you are currently a three-no person, don’t be brainwashed by those poisonous entrepreneurial chicken soups. You cannot withstand any failure.

Your sources of funds can only come from family support, borrowing money, loans, etc. When you fail, it may take you several years to pay off the debt, making your life very stressful.

In this case, it is recommended that you first clarify your goals and know the industry you want to work in in the future. You can first enter this field to work, learn from experience, and understand all the real conditions of this industry.

When you have accumulated enough capital and experience, your success rate will be much higher if you choose to start a business. 2. The conditions are relatively good in all aspects

If you have a relatively large amount of capital or have experience in doing business before, you can just start doing it, as long as you plan the risks appropriately in the early stage.

For example

I started running a company from 2016 to 2018. Although I lost money, I accumulated a lot of entrepreneurial experience.

I decided to start a restaurant in the second half of 2018. I first made a plan. The maximum amount of money I could spend on this business was about 100,000 at the time. So when I chose the project, Only by ensuring that all expenses are controlled within this range can I do it and set aside 10,000 yuan of working capital.

With the capital budget in mind, the project I am looking for must also have a high repurchase rate and high public acceptance. This will allow me to reduce costs in the education market. I finally chose to open a fresh milk bar. The products are pasteurized fresh milk, various handmade yogurts, fruit pickles, yogurt ice cream, warm yogurt, etc.

The dairy industry not only has low investment and 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 would promote it, how to attract customers, how to regularly optimize products, how to expand the market, and how to increase multi-channel income. After I made the plan, I executed it step by step and completed it over the past five years.

At present, there are more than 1,300 stable members in my store, who are customers who consume in my store. I have also reached cooperation with many companies on group meals, and my products and technologies have also become distinctive. I have also trained more than 100 students across the country to successfully open stores.