Tips for determining the value of your company and presenting it to potential buyers By Dale Vaillancourt As a caterer, you know that meticulous preparation is the key to a successful event. If you don’t put in the work beforehand, you won’t achieve satisfying results for you and your clients. The same philosophy applies to selling your catering business. With … [Read more...] about Listing Your Business for Sale
business tips
Preparing to Sell Your Catering Business
Nine steps to take for a successful exit strategy By Dale Vaillancourt You know the catering high you get after a successful event? Even though you’re bone-tired, you arrive home, put your feet up, and celebrate—perhaps with a cocktail—reveling in a job well done. Much like any catered event, your career will end, too. If you want to enjoy that same well-earned … [Read more...] about Preparing to Sell Your Catering Business
Managing Risk in 2024
What foodservice firms need to know about the latest operating pressures By Kim Gore, HUB International The restaurant and foodservice industry ended 2023 on a high note as consumer spending was projected by Foodservice Equipment & Supplies to hit $845.7 billion, versus $790 billion in 2022. But that was without the lift of alcohol sales, and without factoring in … [Read more...] about Managing Risk in 2024
Tips for Planning for 2024
How restaurants can navigate an uncertain economic climate in the new year By Ben Johnston, COO of Kapitus With ever-rising costs for supplies and staffing, the economic climate remains uncertain for 2024—even while unemployment remains low and consumer spending strong despite higher interest rates. To best navigate the uncertainties of the upcoming year, we encourage … [Read more...] about Tips for Planning for 2024
Boxing Up Some Excitement
How COVID spurred a reimagining of grab-and-go By Connie Jeske Crane Like many caterers before the COVID-19 pandemic hit, Anne Lloyd—who owns Nolavore Catering and Commissary Kitchen in New Orleans—was mostly focused on traditional event catering. To be sure, Lloyd always stocked some grab-and-go items. In the heart of the city, Nolavore, which is flanked by historic … [Read more...] about Boxing Up Some Excitement
Staying Relevant During Recovery with NACE
NACE’s expert-led webinars encourage personal and professional growth for catering and event professionals By Lynn Graham, Lynn Graham Designs, and NACE Education Committee Chair As the catering and events community rebounds from the pandemic, businesses in different markets and geographic areas are growing and thriving in different ways. The National Association for … [Read more...] about Staying Relevant During Recovery with NACE
Don’t Let Uncertainty Stop Your Success
Creating systems in your catering business helps to navigate the ups and downs of the industry By David Scott Peters (davidscottpeters.com) For a lot of caterers, running their companies during the COVID-19 pandemic felt like trying to navigate their way home through a raging forest fire. Much like a forest fire burns homes to the ground and devastates communities, … [Read more...] about Don’t Let Uncertainty Stop Your Success
Plan for the New Year
We’ve made it this far…now what? Three tips for profitability in 2021 By Sandy Korem If you survived 2020, I want to congratulate you. You were doing something right, whether it was saving cash to get you through the hard times or finding alternative revenue streams. And I want to encourage you to continue what you’ve been doing—while also searching for more ways to serve … [Read more...] about Plan for the New Year
Effectively Disinfecting Your Catering Business
10 questions you should ask about equipment and spray solutions By Peter Cantone, CEO of PandemicSolutions.net During the COVID-19 pandemic, few industries suffered more from stringent safety rules and regulations than the catering sector. Governmental authorities, including state and local health departments, will continue to monitor and enact new disinfection laws and … [Read more...] about Effectively Disinfecting Your Catering Business
Forget the Numbers, Keep the Clients
Strategies for connecting with your customers in the COVID-19 era and beyond By Darryl Brisebois, Mackasey Howard Communications All industries have been changed by COVID-19. Every owner in the market has lost sleep, planned for a bad quarter, then planned for another. With gatherings capped and events canceled, the catering industry is among the countless sectors facing … [Read more...] about Forget the Numbers, Keep the Clients
