Start a Beverage Company
The beverage market offers a wide area for every enterprising person to start a business by selling drinks. Want to learn the trick of the trade? Read our basic tips to find out how you could best enter into the business selling sodas, beer, bottled water, distilled spirits, milk, coffee, or fruit beverages.
The beverage market covers carbonated soft drinks, beer, bottled water, distilled spirits, milk, coffee, fruit beverages, tea and wine.
You can enter into the beverage market by building a plant that would produce any of these beverages; going into the business of wholesale or retail distribution of certain kinds of drinks like bottled water, soda, wines or beers; or putting up a bar, shop or retail machine that would sell specialty coffees, shave ice served with tropical fruits and syrups, blended teas, frozen beverage with alcohol, among others.
Business Plan for a Beverage Company
In drafting a plan for this business, the most important factors to define are what product would you be selling and to whom you’d be selling them. This would determine where your location would be and what advantages you should be bringing into the business so that you are better positioned over your competitors. For example, if you plan to sell cold beverages to on-the-go customers -- those who are traveling to and from work, out on a shopping, or just driving through -- your focus should be on serving their orders the fastest way possible.
Miscellaneous Tips for a Beverage Company
In this business, reputation, good service, quality, presentation, accessibility and cleanliness are important. And so locate your business where it could be most visible, and where traffic pattern is thick. Your baristas should be cheerful, skillful, and accommodating while serving fresh beverage in clean and premium containers. Take care of your quality control also; ensure that your flavors are consistent.
As additional tip, maintain inventory at a minimum to keep them always fresh. Keeping their volume at just the enough amounts would also enable you to timely buy supplies when prices are down. You can maximize your kiosk or rented space by selling pastries and other confections together with your hot or cold drinks. If you are wholesaling or retailing beverages, you could increase sales by forming allies with those who cater on weddings, company events, business club functions, church and fund-raising activities, and birthday parties.
Equipment Needs of a Beverage Company
The equipment and space needs for this business would depend on how you plan to sell your product. You could construct a drive-through building, rent kiosks in malls or delivery carts if you plan on a concession service. At the least, you would need cups, straws, cooling or heating machines, dispensers, containers or places for storage and display such as refrigerators, chest and counter freezers.
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