Starting a food business is highly profitable, but there may be hundreds of restaurants in your neighborhood that will make it difficult for you to grow your establishment. Consider going beyond the typical restaurant setup and look for other food business ideas with the same potential for success. If you want to get started in the food industry, here are a few ideas you might want to try out:
1. Start a Cooking Course
Whether you are an amateur or a chef with experience working in a Michelin-star restaurant, you should consider giving cooking lessons to people in your area. Starting a cooking school is the best way to go. All you need is to look for a place that will serve as your classroom and teach basic cooking skills and advanced techniques to specific groups, such as working mothers, seniors, or teenagers.
If you don’t have enough to start your own cooking course, you can always create fun cooking videos to upload to YouTube, Instagram, and Tiktok. Other than that, you might want to start courses on learning platforms like Udemy or Coursera.
2. Sell Food-Related Memorabilia
Being in the food business isn’t always about selling meals and snacks. You can also sell vintage items related to food. If you have utensils dating from the 1970s or a preserved soda bottle, you can sell these items to antique stores or interested collectors. You can also start your own antique store or online marketplace.
Another way you can earn is by putting up these items for auction. There are auction houses across the world that feature rare pieces of food history. If you live in Adelaide and you own a bottle of Yamazaki Single Malt, you can look for Australian whisky auctions where such items could sell for more than $100,000.
3. Write a Travel Blog
If you have a passion for writing, traveling, and trying out exotic food, then try creating a travel blog that features meals and snacks from across the world. Food bloggers earn through endorsements and ad revenue if their websites get popular.
You can get started by going out of town and trying out new restaurants. Feature these establishments on Instagram and write travelogs on a website. It takes time, but once you post consistently and build your network, you can let our blog do the work for you.
4. Come Up with a Food Truck
Although food trucks have become common, they remain a less costly alternative to running a physical restaurant. Operational costs are lower and food truck operators get to switch locations with increasing foot traffic.
Starting a food truck is ideal if you want to be hands-on with your business and bring new food ideas to multiple communities. It can take some work and initial costs for renting a truck could run high, but if things go well, you could end up earning up to $500,000 a year.
Who says starting a restaurant is the only way to enter the food business? Explore these ideas and start sharing your passion for food with the whole world.