HOW TO START YOUR OWN HIGHLY PROFITABLE CATERING SERVICE People with money seem to be on a binge to prove their status and flaunt their wealth by staging large, catered parties. As a matter of fact, in some circle of affluency, a party or social get-together isn't considered an event of any significance unless it's a catered affair. With the same kind of reasoning, businesses of all sizes are using catered lunches, cocktail parties and dinner meetings to build their images and increase company sales. It's a matter of keeping up with the competition in promoting a company and/or product. On a smaller, but just as busy marketing scale, more and more working mothers are paying to have catered birthday and graduation parties, as well as wedding receptions handled by caterers. The reasons are simple to understand--if she's working outside the home, today's mother just doesn't have the time or the energy to do all the planning and staging of a memorable party. Besides those reasons for turning everything over to a caterer, working mothers feel a little guilty about the time away from their children they lose because of their jobs. Thus, they're ready and willing to make it all to them by paying for a lavish party the child will remember for years to come. Caterers handle everything from birthday parties for children, to breakfast in bed and intimate candlelight dinners for two, to company dinner parties for 50 and wedding receptions involving a thousand or more guests. This kind of entreprenuerial business is definitely growing and becoming more popular with people of all income levels. An imaginative caterer in a large metropolitan area can easily gross $150,000 per year, while a small part-time caterer in a small town can count on at least $10,000 to $15,000 per year. One small, but very ambitious caterer is reported to have grossed $250,000 after only 2-years in the business! You don't need special education or training to become a successful caterer. You do need a affinity for people and a kind of intuition as to what people enjoy in different environmental settings. A quick survey of successful caterers across the nation shows that began with zero capital by working out of their homes. The basic starting up investment would appear to be around $500, with some big spenders capitalizing their idea with as much as $15,000 in order to get off to a fast start. This seems to be an ideal business for an ambitious couple to start and operate with very little capital investment required. One person can spend his time hustling up business while the other would do the planning, organizing and actual catering. As with any business, your success will be directly related to the soundness of planning and the working of that plan. Understand exactly what your client wants, and give him what he wants in the way of service that reflects upon the client in a complimentary manner. Basically, you can start with an advertisement in your local newspapers. This advertisement need not be much more than a simple announcement: Creative Catering-Specializing in personal service- We can handle any party or special event from start to finish-no idea to small or too large- Your satisfaction is always guaranteed! We can handle everything for you.. Call us, and let us make your parties worth remembering... Naturally, the first thing you want from anyone calling to ask about your services, is that anyone calling to ask about your services, is that person's name, address and phone number. Then you want to know what kind of party or event they have in mind. As soon as you have this information, relax a little bit and inquire to find out about the person or the company--the people--sponsoring the party and their ultimate goals or reasons for the party. If it's to celebrate birthday, graduation, anniversary or a wedding reception--finding out about the interests, background and ambitious of the guest of honor will be of value to you in your planning. Taking a few minutes to learn everything you can about whoever the party is for, and the people giving the party, will also make it much easire to close the sale than any sales pitch or special persuasive tactics. People like to talk about themselves, and they especially like to tell everyone why they're honoring someone, even when they pretend to keep it a secret who initiated the idea. So, it's important that you be a good listener, that you have the ability to get people to talk about themselves, and that you take notes on the things they tell you. This same principle applies to business people, regardless of who's talking to you or the purpose of the catered affair. The more polished and adept you can become in getting your prospects to talk about themselves, the more information relative to their background you can elicit, and the more you listen; the better your parties will be, and the greater success you'll attain in the catering business. You take the information you glean from this first interview and plan/organize the event on paper. This means you're going to have to have contacts or at least working relationships with innumerable service businesses. If your client wants to stage a birthday party for a 12-year old---he or she greets the guests as they arrive, makes sure everybody knows who he is---then what about party favors---a soft drink and a conversation leader until all the guests arrive--the opening of presents--icecream and cake--and games to play, a thank you gift for coming, and a reason to end the party at a pre-determined time... Do you greet the guests, does the mother or father, or the little boy or girl? Where do you come up with the party favors at less than regular retail prices? Where are you going to get the soft drinks-your cost and the glasses or paper cups to serve them in? What about ice? What kind of games to play? Who'll be the conservation leader? Will there be a clown or someone special to keep everything moving according to plan? Where do you get the ice cream and cake? What games to play? How to get everyone involved? And finally, a feasible and polite reason for ending the party and sending everyone home... All this takes planning, organization, and if you're going to make a profit, a definite awareness of cost control. Get it all down on paper as a proposal to the people who want to pay you to carry it off. Figure out your costs, the time involved in putting it all together, and then get back to your prospect. Always leave room for changes in your proposal. In fact, expect them--invite input and suggestions from the client--and always have an alternate idea in your mind for each of those on your written proposals. Discuss your proposal with the client just as you would a script for a television show, make the suggested changes and ask for a 50-percent advance deposit. From there, it's just a matter of following your plan. Regardless of size or type of party--whether your client is a working mother or a giant corporation--the format is always the same: initial inquiry, interview, your proposal, 2nd interview for any changes, agreement, deposit, staging the party itself, and your final payment. As mentioned earlier, success in this business comes from your planning--having a lot of contacts--and working your plan. An important word of caution: Try not to get "boxed in" to setting or even revealing a tentative price until you've had a chance to listen to what the prospect wants, to study your own capabilities, and to make a formal written proposal. If a customer wants to know how much you charge--and if you feel it necessary in order to eventually close the sale--you can tell him 50 to 100 dollars per hour, plus expenses, and of course, depending on the type of event the customer wants. As for how much the average party costs, again tell him that it varies anywhere from 50 to 5,000 dollars. Always keep in mind that you are a professional, and that if the ordinary person had your knowledge, contacts and ambition to do it himself, he wouldn't be calling you on the phone. He needs your help for any number of reasons. You specialize in this kind of work or service just as a doctor specializes in medicine and a lawyer in legal matters. Therefore, you should, and do expect to be paid accordingly. Something else--this business thrives on word-of-mouth advertising--referrals--and thus, is direct "freeway' to the kind of customers where money is of no concern. However, on order to gain access to this market, your business emphasis has to be on service. This means the capability of handling everything for the customer, from having the invitations printed and sent out to cleaning up after the last guest has left. Businesses and people in the upper income brackets, like to pick up the phone--tell someone they want a party on a certain date--and then forget about it, knowing everything will be taken care of without further worry or time involvement from them. Once you've developed your expertise and clientele to this level, you'll have a business in the $200,000 to $250,00 per year range. Definitely arrange for a display ad in the yellow pages of your telephone directory. You'll probably get 40% of your inquires from this source alone. Generally speaking, radio and/or television advertising will be too expensive when compared with the immediate results. However, it is recommended that you consider these media prior to special holidays. Working with restaurants, supper clubs, bridal shops and entertainment business in general. can bring in hundreds of referrals for you. Rubbing shoulders with, and circulating as a part of your area's civic and service clubs, should also result in more business for you. Keep your eyes and ears on the alert. Where ever you go, and with whomever you associate, always be ready to promote and sell your services, if not on the spot, at least make a note to follow up when conditions are more in your favor. Promoting and selling your services will require at least half your time, and that's why two people operating catering services are so successful from the start. The actual selling is quite simple so long as you emphasize the service and time-saving aspects. The more time-consuming work you can handle for the client, the easier it's going to be for you to close the sale. Handing out business cards is one of the least expensive ways to advertise, promote and sell your services. One enterprising caterer makes arrangements with the sponsors of all his parties, to see that each of the guests gets one of his business cards. Another gives each of his clients a stack of his business cards, and tells them he'll pay them $25 for each prospect they refer to him. He tells them to write their name on the backs of the cards, and to hand them out to their friends. And then, whenever a person tells him that John or Jane suggested he call, and he presents the card with John or Jane's name on the back, this very successful caterer sends John or Jane a $25 check. Another very successful caterer pays commissions to a group of housewives and college students who solicit--via their home phones--interviews for him with brides-to-be. They get their leads from announcements, and pictures of brides-to-be in the local papers. Many caterers pay sales people a commission for letting them know when they hear about a party or special event being planned by one of their business customers. The possibilities go on and on, and are seemingly un limited. Time is becoming more valuable to a lot more people every day, which means there are more and more opportunities for great wealth and personal independence as a professional caterer. In reality the success for just about any person entering this field, will be limited only by his or her own imagination and energy. There is definite opportunity for great wealth within the catering field. Anyone with a sense of service to others can succeed. Very little "readycash" is needed to begin. Therefore, the only thing standing between you and the realization of your dreams, is the action it takes on your part to get started... HOW TO START YOUR OWN HOME-BASED SECRETARIAL SERVICE A new approach to serving one of the oldest and most basic needs of even the smallest business community, a home-based secretarial service can satisfy the entrepreneurial needs of even the most ambitious woman! This kind of service business with a virtually unlimited profit potential. Third year profits for businesses of this type, in metropolitan areas as small as 70,000 persons are reported ar 4100,000 and more. It's a new idea for a traditional job that's growing in popularity and acceptance. As for the future, there's no end in sight to the many and varied kinds of work a secretary working at home can do for business owners, managers and sales representatives. Various surveys indicate that by the year 2,000--at least 60 percent of all secretarial work, as we know today will be handled by women working at home. For most women, this is the most exciting news of things to come since the equal rights amendment. Now is the time to get yourself organized, start your own home-based secretarial service and nurture it through your start-up stages to total success in the next couple of years. Our research indicates little or no risk involved, with most secretarial services breaking even within 30 days, and reports of some showing a profit after the first week! your cash investment can be as little as $10 to $25 if you already have a modern, electronic typewriter. You can set up at your kitchen table, make few phone calls, and be in business tomorrow. If you don't have a modern, office quality electric typewriter comparable to the IBM Selectric--a portable just won't do, because it'll break down, wear out, and fall apart after a month of heavy use..If you're aware of this delicacy of a portable electric, you can conceivably begin with one, but you'll definitely have to graduate to a bigger, heavier machine as soon as possible. An IBM Selectric, complete with start-up supplies kit which includes a dozen ribbons, can be purchased for less than a thousands dollars. On the contract, this would break down about to about $175 for down payment and monthly payments of less than $50 per month over a 2-year period. Naturally, you'd want to include the standard service contract which costs about $100 per year, and means that whenever you have a problem or want your machine serviced, you simply pick up the phone and call the service department. They'll ask you what kind of problem you're having, and then send some one to fix it immediately. Shoestringers can rent an IBM Selectric for about $60 per mont, plus a small deposit. And those of you who are really on a tight budget, can contract an equipment leasing firm, explain your business plan, and work out an arrangement where they buy the machine of your choice for you, and then lease it back to you over five or ten year period for much lower payments. Whatever you do, get the best typewriter your money can buy. The output of your typewriter will be your finished product, and the better, "more perfect" your finished product, the more clients you'll attract and keep. It's also imperative that you have one of the modern, "ball" typewriters. Only these kinds of typewriters give each character a clear, even and uniform impression on your paper. Typewriters of the "arm & hammer" type quickly become misaligned, producing a careless look on your finished product. As mentioned earlier, you can start almost immediately from your kitchen table if you've got a typewriter. However, in order to avoid fatigue and back problems, invest in a typing stand and secretary's standard typing chair just as soon as you can afford them. Watch for office equipment sales, especially among the office equipment leasing firms. You should be able pick up a new, slightly damaged, or good used typewriter stand or desk for around $20 to $25. A comparable quality secretary's typing chair can be purchased for $50 or less. While you're shopping for things you'll need. be sure to pick up a chair mat. If you don't, you may suddenly find that the carpet on the floor of the room where your do your typing, needs replacing due to the worn spot where the chair is located and maneuvered in front of the typewriter. You'll also want a work stand with place marker and a convenient box or storage for immediate paper supply. If you plan to do a great deal of work during the evening hours, be sure to invest in an adjustable "long arm" office work lamp. When buying paper, visit the various wholesale paper suppliers in your area or in nearby large city, and buy at least a half carton--6 reams--at a time. Buying wholesale, and in quantity, will save you quite a bit of money. The kind to buy is ordinary 20 pound white bond. Open one ream for an immediate supply at your typewriter, and store the rest in a closet, under your bed, or on a shelf in your garage or basement. In the beginning, you'll be the business--typists, salesman, advertising department, bookkeeper and janitor, so, much will depend on your overall business acumen. Those areas in which you lack experience or feel weak in, buy books or tapes and enhance your knowledge. You don't have to enjoy typing, but you should have better than average proficiency. Your best bet is selling your services is to do is all yourself. Every business in your area should be regarded as a potential customer, so it's unlikely you'll have to worry about who to call on. Begin by making a few phone calls to former bosses or business associates--simply explain that you're starting a typing service and would appreciate it if they'd give you a call whenever they have extra work that you can handle for them. Before you end the conversation, ask them to be sure to keep you in mind and steer your way any overload typing jobs that they might hear about. The next step is "in-person" calls on prospective customers. This means dressing in an impressively professional manner, and making sales calls on the business people in your area. For this task, you should be armed with business cards (brochures also help..), and an order or schedule book of some sort. All of these things take time to design and print, so while you're waiting for delivery, use the time to practice selling via the telephone. At this stage, your telephone efforts will be more for the purpose of indoctrinating you into the world of selling than actually making sales. Just be honest about starting a business, and sincere in asking them to consider trying your services whenever they have a need you can help them with. Insurance companies, attorneys and distributors are always needing help with their typing, so start with these kinds of businesses first. For your business cards, consider a freelance artist to design a logo for you. Check, and/or pass the word among the students in the art or design classes at nearby college, art or advertising school. Hiring a regular commercial artist will cost quite a bit more, and generally won't satisfy your needs any better than the work of a hungry beginner. Be sure to browse through any Clip Art books that may be available--at most print shops, newspaper offices, advertising agencies, libraries and book stores. The point being, to come up with an idea that makes your business card stand out; that can be used on all printed materials, and makes you--your company--unique or different from all others. I might suggest something along the lines of a secretary with pad in hand taking dictation; or perhaps a secretary wearing a dictaphone headset seated in front of a typewriter. You might want something distinctive for the first letter of the company, or perhaps a scroll or flag as a background for your company name. At any rate, once you've got your logo or company design, the next step is your local print shop. Ask them to have the lettering you want to use, typeset in the style you like best--show them your layout and order a least a thousand business cards printed up. For your layout, go with something basic. Expert typing services, in the top left hand corner..Dictation by phone, in the top right hand corner..Your company logo or design centered on the card with something like, complete secretarial services, under it...Your name in the lower left hand corner, and your telephone number in the lower right hand corner. Everybody that you call on in person, be sure to give one of your business cards. And now, you're ready to start making those in-person business sales calls. Your best method of making sales calls would be with a business telephone directory and a big supply of loose leaf notebook paper. Go through the business directory and write down the company names, addresses and telephone number. Group all of those within one office building together, and those on the same street in the same block. Be sure to leave a couple of spaces between the listing of each company. And of course, start a new page for those in different building or block. Now, simply start with the first business in the block, or on the lowest floor in a building and number them in consecutive order. This will enable you to call on each business in order as you proceed along a street, down the block, or through a building. You'll be selling your capabilities--your talents--and charging for your time--the time it takes you to get set up and complete the assignment they give you. You should be organized to take work with you on the spot, and have it back at a promised time; arrange to pick up any work they have, and deliver it back to them when it's completed; and handle the dictation or special work assignments by phone. You should also emphasize your abilities to handle everything by phone, particularly when they have a rush job. Establish your fees according to how long it takes you to handle their work, plus your cost of supplies--work space--equipment and paper--then fold in a $5 profit. In other words, for half hour job that you pick up on a regular sales or delivery call, you should charge $10... Another angle to include would be copies. Establish a working relationship with a local printer, preferably one who has a copy machine comparable to a big Kodak 150 Extraprint. When your clients need a sales letter or whatever plus so many copies, you can do it all for them. Only make copies on the very best of dry paper copying machines, and only for 50 copies or less. More than 50 copies, it'll be less expensive and you'll come out with a better finished product by having them printed on a printing press. When your furnish copies, always fold in your copying or printing costs, plus a least a dollar or more for every 50 copies you supply. By starting with former employers and/or business associates, many businesses are able to line up 40 hours of work without even making sales call. If you're lucky enough to do this, go with it, but- Start lining up your friends to do the work for you--girls who work all day at a regular job, but need more money, and housewives with time on their hands. You tell them what kind of equipment is needed, and the quality of work you demand. You arrange to pay them so much per hour for each job they handle for you--judging from the time you figure the job would take if you were doing it, or on a percentage basis. I feel the best arrangements is on a hourly basis according to a specified amount of time each job normally takes. Whenever, and as soon as you've got a supply of "workers" lined up, you turn your current assignments over to them, and get back to lining up more business. If you're doing well selling by phone, and your area seems to respond especially well to selling by phone, then you should immediately hire commission sales people. Train them according to your own best methods and put them to work assisting you. Your sales people can work out of their own homes, using their telephones, provided you've got your area's business community organized in a loose leaf notebook style. All you do is give them so many pages from your notebook, from which they make sales calls each week. Even so, you should still make those in-person sales calls..If for some reason you get bogged down, and can't or don't want to, then hire commission sales people to do it for you..Generally, women selling this type of service bring back the most sales. And for all your commission sales people, the going rate should be 30 percent of the total amount of sale. Point to remember: Sooner or later, you're going to have to hire a full-time telephone sales person, plus another full time person to make in-person sales for you--Eventually, you want workers to handle all the work for you, and sales people to do all the selling for you--So the sooner you can line up people for these jobs, the faster, your business is going to prosper. Later on, you'll want a sales manager to direct your sales people and keep them on track, so try to find a "future sales manager" when you begin looking for sales people. Your basic advertising should be a regular quarter page ad in the yellow pages of both your home service telephone directory and the business yellow pages. You'll find that 50 percent of your first time clients will come to you because they have an immediate need and saw your ad in the yellow pages, so don't skimp on either the size or the "eye-catching" graphics of this ad. A regular one column by 3-inch ad in the Sunday edition of your area's largest newspaper would also be a good idea. Any advertising you do via radio or television will be quite expensive with generally very poor results, so don't even give serious consideration to that type of advertising. By far, your largest advertising outlays will be direct mail efforts. You should have a regular mailing piece that you send out to your entire business community at least once a month. This is handled by sending out 200 to 500 letters per day. For this, you should obtain a third class postage permit or else these postage costs will drive you out of business. Your mailing piece should consist of a colorful brochure that describes your business. It should explain the many different kinds of assignments you can handle--a notation that no job is too small or too large--and a statement of your guarantee. Do not quote prices in your brochure--simply ask the recipient to call for a quotation or price estimate. It's also a good idea to list background and experience of the business owner, plus several business testimonials or/ compliments. You could also include a couple of pictures showing your workers busy and actually handling secretarial assignments. The most important part of your brochure will be your closing statement--an invitation, indeed--a demand that the recipient call you for further information. All this can very easily be put together in a Z-folded, 2-sided self mailer. Again, look for a freelance copywriter and artist to help you put it together. Once you've got your "dummy" pretty well set the way you want it, make copies of it, and either take or send it to several direct mail advertising agencies. Ask them for their suggestions of how they would improve it, and for a bid on the cost if you were to retain them to handle it for you. Listen to their ideas and incorporate them where-and if- you think they would make your brochure better. And, if one of them does come in with a cost estimate that's lower than your independent, "do-it-yourself" costs, then think seriously about assigning the job to them. This is definitely the most important piece of work that will ever come out of your office, so be sure it's the best, and positively indicative of your business. This will be the business image you project, so make sure it reflects the quality, style and credibility of your business--your thinking, and your success. Your brochure should be on 60 pound coated paper, in at least two colors and by a professional printer. The end result is the Z-folded brochure--Z-folded by the printer--with your third class mailing permit showing on the cover side. This cover side should be flamboyant and eye-catching. You want your mailing piece to stand out in a pile of 50 or 60 pieces of other mail received by the recipient. When you're ready to mail, simply take a couple of cartons of your brochures to an addressing shop, have them run your brochures through their addressing machine, loaded with your mailing list, bundle them and drop them off at the post office for you. This takes us back to the planning on how to compile your mailing list. I suggest that you begin with Cheshire Cards by Xerox. You type the name of your addressee on the cards, maintain these cards in the order of your choice, take your boxes of cards to the addressing shop whenever you have a mailing, and there's no further work on your part. The addressing shop loads their machine with your cards, prints the address on your cards directly onto your brochures, and gives the cards back to you when the mailing is completed. A mailing of 100,000 brochures, via this method--generally could be completed and on its way in one 8-hour day. In essence, you'll want to solicit business with a regular routine of telephone selling, in-person sales calls at the prospective client's place of business, media advertising and direct mail efforts. All of these efforts are important and necessary to the total success of your business--don't try to cut corners or spare the time or expense needed to make sure you're operating at full potential in these areas! In addition to these specific areas, it would be wise for you to attend chamber of commerce meetings, and join several of your area civic clubs--you'll meet a great number of business leaders at these meetings and through their association, you'll gain a great deal of business--and even help in many of your needs. Once you're organized and rolling, you can easily expand your market nationwide with the installation of a toll free telephone and advertising in business publications. Perhaps you can add to your primary business with a "mailing shop" of your own--the rental of mailing lists--specialized temporary help services--telephone answering services--and even survey work.. The "bottom line" thing to remember in order to achieve total success, is planning. Plan your initial operation through from start to finish before you even think about soliciting your first customer. Get your operational plan down on paper--itemize your needs, estimate your costs, line up your operating capital, and set forth milestones for growth. Set profit figures you want to be realizing 3-months... 6-months... 1 year... 2-years... and 3-years from your business start-up date. Learn all you can about the "support systems" involved in operating a profitable business--planning, advertising, selling, bookkeeping, and banking--and continue to up-date your knowledge with a program of continuous learning. Do your homework properly, an there's just no way you can fail with a Home-Based Secretarial Service.