Go into your yogurt business with eyes wide open. Yogurt is considered a trend food, ebbing and flowing in popularity since companies such as TCBY launched operations in the s. Read the story of an entrepreneur like you whose interest in launching a yogurt company in Kenya paid off big time see Resources because he did his homework.
Start-up There are many things to consider when thinking about starting your own frozen yogurt business. Frozen yogurt is a huge trend across the United States and around the world that has grown immensely in the last decade.
If you think this business is right for you, consider the top ten most important steps in creating this business. Make a Plan Decide on the type of frozen yogurt store you would like to open.
There are two options for frozen yogurt shops these days. Self-serve stores have their machines out in the open and customers dispense their own yogurt and choose their own toppings. This store typically goes with the pay by weight pricing and has become the more popular option in recent years.
Full service stores have their soft serve machines behind a counter and employees create the frozen desserts for the customers. This option is typically priced with set prices for each size cup. Consider creating a business frozen yogurt truck business plan with all your ideas and strategies that you want to follow.
Here is a great resource on how to create a business plan. Location Once you have a general plan for your business, you must decide if the area you want to open a store in actually needs a frozen yogurt store.
You may want to open a store close to where you live but if there are already three frozen yogurt shops in a five mile radius, you may want to consider another part of town. Every business should be meeting a need for their customers, whether it be a food or service.
The most popular and profitable places for a frozen yogurt store to be located are in busy shopping centers, near a movie theater, or other high traffic areas. Start by looking for open leases in your area. You may want to work with a real estate agent to make sure that you can secure the best lease possible.
Without a physical location secured, moving forward with any of the other steps is pointless. Financing Next decide how you are going to pay for the major start-up costs involved with starting this business such as equipment and inventory.
Talk to your local bank about getting a small business loan. Many banks will require a business plan to be presented before they will grant you a loan.
Do your research any make sure you have done the proper preparation to get financing. Equipment The next step is to start shopping around for soft serve machines.
Start by doing your research and comparing the machines in the market. Here is a helpful blog article on tips to purchasing a machine. This blog is helpful to get started with comparing the major brands. Most importantly, do your own research.
Call up all the companies you are interested in to get quotes and specification sheets. See if there is a foodservice trade show coming up near you or other events where you can see the machines in person. Go with the machines and company that you feel most comfortable with.
You will also need to shop for equipment such as freezers, refrigerators, and toppings bars. Some soft serve machine companies will offer a package deal with the extra equipment but you made need to outsource these for a better deal.
Mix Frozen yogurt mix is a huge decision because it will determine the taste for your store. There are many mix companies in the market that you can source from. The two main options for mix are dry or liquid mix.
Dry mix typically ships in a bag and you will mix it with either milk or water depending on the recipe before pouring the liquid into your frozen yogurt machine hopper.
The other type of mix, liquid, typically ships frozen and is thawed out before going into the machine. This blog discusses the pros and cons of both liquid and dry mix. Permits The next step is to apply for business permits.
This is a great resource to find out which permits you will need in your area for your frozen yogurt business. Now is also a good time to research what kind of insurance your business will need.
This step will differ by state so make sure to do your own research and enlist outside help if needed. Branding By now you will probably have come up with a name for your business, but you need to start thinking about a logo and colors.Bauman's Frozen Custard frozen custard shop business plan market analysis summary.
Bauman's Frozen Custard is a start-up scoop shop offering frozen custard and Italian ice.
We also have found that families are eating out at ice cream and frozen yogurt shops more, because such places are often cheaper than other restaurants, allowing a /5(32).
Jun 21, · Do you want the ability and freedom to have fun at work every day? Wanna be your own boss? Don't have a large start-up budget?
Then the frozen yogurt truck business may be the perfect business . 6 MARKETING PLAN INDUSTRY OVERVIEW The yogurt and frozen yogurt business is relatively new to Trinidad and Tobago and therefore is classified within the ice-cream industry.
Therefore to analyze the frozen yogurt industry within the country it is useful to examine the ice cream industry and its potential. How to Start Your Own Frozen Yogurt Business.
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on: 05/27/ in: Start-up. There are many things to consider when thinking about starting your own frozen yogurt business. Frozen yogurt is a huge trend across the United States and around the world that has grown immensely in the last decade. Make a Plan . A Sample Frozen Yogurt Business Plan Template Are you about starting a frozen yogurt business?
If YES, here is a complete sample frozen yogurt business plan template & feasibility study you can use for FREE. Business Plan For A Frozen Yogurt, Gelato Or Ice Cream Shop There are a few very important things that you must address when you write a business plan for this kind of business.
One of the most important things is your cash flow statement which is a breakdown of the ways that money will come in and out of your business.