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Restaurant Consulting

Frequently Asked Questions

Profile(s):
Kim Bailey & Team

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Frequently Asked Questions

I love to cook and have thought about catering, but have never had any formal training – does that matter?

Have you ever heard of Martha Stewart? Well, she started out of her home kitchen with absolutely no formal training in cooking. And by the way, so did Kim Bailey, the founder of Innovative Catering Concepts. It is ICC’s job to teach you the business…and you’ll be shocked at just how easy it is to get started in this incredible industry.

You make it sound so simple. Is it really that easy to get into the catering business?

Absolutely. Let us be clear, catering is hard work and long hours, but what worthwhile isn’t. However, it’s the easiest business in the world to get into – and probably the best money-maker. All you need is a kitchen and the drive to make money.

Ok, let’s cut to the chase. How much money can I really expect to make?

Catering is a multi-billion dollar business. Is it your desire to make an annual income of $25,000 or $250,000? It’s totally up to you. Your earning potential is limitless. You can start out as fast or as slow as you want; for you control your own destiny in this business. Work one day a week or all seven…you decide.

It’s entirely possible to work just one weekend night a week for 6 months and make $35k to $75k a year. What a great way to supplement your existing income. You can gradually begin working a couple of days a month – or every day. That’s the beauty of this business. You are the boss!

Cooking has never been my forte, but I do have a sense of style for decorating and making a table and the food look great – can I still be in the catering business?

Certainly. Many caterers and restaurant owners don’t know how to cook – and never want to learn either…yet, are very successful in the food industry. Be assured, the quality and taste of the food is critical to your overall success – but you can find a good cook. Mr. Bailey knew how to cook, but he didn’t know how to make a beautiful presentation – so he found someone who did. It’s that simple – if you don’t know how to do something, hire or partner with someone who does. Do what you do best, and let someone else do the rest.

How much equipment will I have to buy?

Very little. Kim Bailey started with a hand-held mixer, a couple of sheet pans and a few other items that he bought at Sam’s Club, all for under $100. As his business grew – he added equipment.

Is it better to work out of my home, or secure a business location?

That’s a great question. Both have definite benefits. But frankly, it depends on you, your overall objectives, and of course, your finances. More often than not, our advice is to start small and build – it’s always easier and less expensive to increase than it is to scale down. However, we consult with many people that know they are going to make this their life’s business – and want to move forward with gusto…for those people, we suggest securing a location.

If I open a catering company in a business location, do I want to be in a high-traffic area?

No, not at all. Unlike a restaurant, you don’t need a high-visibility location. Since you will deal with your clients over the phone or email, you can be located in a less expensive space or complex.

There are many caterers who want to offer fresh daily “Pick-Up & Take-Home” meals in addition to catering – if that is the case, an easy access high-traffic location is more suitable for success.


Is the catering business seasonal?

Catering is a year-round business opportunity. It is less busy during the summer months of June, July, and August – which is perfect for vacations. But if you plan on offering wedding catering, summer is a very busy season. And if you offer corporate lunch catering, you’ll stay busy throughout the year. Catering is the absolute best business, for you can accept or decline any job you desire.

Can I offer Food Travel Tours through my catering company?

Sure you can. Think how wonderful it will be to travel to Tuscany or San Francisco with a fun group on an eating and cooking extravaganza…and have all your expenses paid. We’ll show you how.

If I’m going to make a profit, isn’t it important to buy cheap food?

In real estate, they say that the three most important things to remember is: “location, location, location.” Well, the three most important things to remember in the catering and restaurant business are: “Ingredients, Ingredients, Ingredients.” GREAT food begins with GREAT & FRESH ingredients. We are going to show you how and where to buy your food – and how to cut costs without cutting quality.

What is your fee?

Because we want to talk with you and evaluate your desires and needs, we discuss our fees on an individual basis. However, you could recoup our complete package fee by the profits you’ll receive off just one or two catering event(s)…which by the way, we are going to be on-site with you for your first event.

How do I get started?

Give us a call, or send us an email. It’s that simple.

 
 
       
 
   

 

Innovative Catering Concepts, Catering Wealth, Cater To Yourself
Are Under The Umbrella of Innovative Catering Concepts, Inc. a Florida Corporation
815 South Rome Avenue • Tampa, Florida 33606 • (813) 254-8018
Links: www.NorthBeachDietOnline.com
www.BaileyCatering.com