Food lovers lining up in long queues to place and pick up their orders everywhere have made this a shining business to enter. Also, research has shown that the food industry is booming and expected to grow even more. Having said that, if you are an aspiring restaurateur who does not know where to start, we have gathered some ideas to help you put this together. Also, through a click of a button, you will be able to access a free food startup pitch deck template to present your business idea to others perfectly.
Download the Food Startup Pitch Deck Template (in Google Slides)
Nourish is our Real-Content Template (RCT) invention for your food startup business. Albusi has developed and designed an RCT so you can easily access a real pitch deck for your business. You will get the best of both; an actual investor pitch deck and a template for your business.
You can quickly check out and download the template here:
Note: You might need to click on “File“ then “Make a copy” to use the template.
Now, you have your food startup pitch deck template (free for now), however, we are not done yet.
You need more information and real-life experience to edit the template in a way that best fits the market. Reading the below will also help you plan for a successful startup business.
Now what? After the Food Startup Pitch Deck Template
I am sharing the below information with you because I was hired to support a failing food startup business that could have profited and nourished if they ever took notice of the below. I still believe the food industry is booming and a perfect one to enter. However, I also believe that if you do not acquire the need-to-know guidelines for this specific field, you will fail badly.
Let me tell you more about what you need to consider here:
Your Target Food Lovers
You can’t be everyone’s favorite.
Finding your target is a crucial success factor in any business. First, know whether you want and will likely buy your food. Defining your target will help you with your menu engineering, pricing, marketing, and sales strategies. The likes and dislikes of your target group are what you will consider when taking steps in your business.
Nourish explicitly targeted consumers who seek wholesome and convenient food choices.
Quality and taste come first (always)
Preparing mouth-watering menus can catch the eyes of many potential customers. However, if food enthusiasts tried your food once and it did not meet their standards of good quality and clean food, then you have jeopardized the reputation of your food business.
One thing to remember is that the eye eats before the mouth, so you must ensure perfect packaging and display of your food as part of your quality standards.
It’s also crucial to get trained on and acquire the essential certificates your food handlers need to hold to ensure you are safe and legit in the food industry business.
In our Nourish model, we have pledged to use only high-quality, natural ingredients in our frozen bakery products, free from artificial preservatives, flavors, and colors.
Hire a cost controller (or get trained to be one)
Cost Controllers are financial experts who help businesses manage their spending.
A cost controller is crucial for the success of any food startup. If you can not afford to hire one, learn the main skills yourself to help your business stay on track in controlling your costs. Cost controlling gives you the tools you need to keep track of sales and costs of your food and beverage items in your business.
Also, the income statements and other important financial records and reports for your food startup business are important to keep track of. This also helps you to monitor how your business is doing and enables you to plan the coming steps with regard to your costs correctly.
If the food and beverage supplies level fall below a certain required level, meeting client demands may be almost impossible to reach, resulting in client loss and a decrease in sales revenue.
Food waste is a big deal
According to Encyclopedia, food waste is the discarding of potentially usable food. Both edible and inedible foods may be considered garbage and therefore wasted.
It’s important to monitor your food waste rates as closely as possible. The waste rate should be as minimal as 0.04!
A Comprehensive Suppliers’ List
Your ingredients are the essence of your food quality and taste. Make sure you are providing these from the right people at the right price and time for your business.
You should have a suppliers’ list for all your purchases for the business. Remember to have more than one contact for every category if anything happens to your leading supplier.
Wrapping up – The Food Startup Pitch Deck Template Summary
Putting everything together, you now have some idea of how you can start thinking about a food startup business and find your seat in the food industry. Also, you have a great template to pitch your idea for the food business (Nourish) to others. The five things to remember here are:
- Your target food lovers with their likes and dislikes
- Quality and taste come first (always)
- A cost controller is crucial (hire or get trained to be one)
- Food waste is a big deal (so monitor it real close)
- Prepare a comprehensive suppliers list
We have shared some guidelines to help you start your business. However, if you’re out of time and want a consultant to help you plan and complete this, contact one of our freelancers. I highly recommend it.
Meet The Author Of This Article
I’m Jenny Ayman, a project manager in the development field with specific knowledge and experience in capacity building and entrepreneurship programs. I aspire to transfer the hands-on experience I gain in my professional career through writing.
Also, if you need help planning your business, I recommend checking out some of our freelancer’s business plans or pitch decks!