Yogurt is a popular brand consumed in large quantities
worldwide. The delicious ice cream attracts premium price, easy to make and
lots of fun.
Before you can launch your enterprise you need to
determine the type of frozen yogurt business you want to run. From first hand
experience one of our most profitable ventures was selling frozen yogurt.
There are three sub sectors such as producing the yogurt,
buying directly from manufacturers or run a yogurt store.
To produce yogurt you needed to develop a good tasty
product with competitive prices. Entrepreneurs could leverage on established a brand
name for the product.
They could adopt self-service, sell to stores or to
wholesalers. Whatever the sector, yogurt business is highly profitable and
interesting.
To start the enterprise write a business plan and carry
out a feasibility study. Find an ideal location and register a good band name.
How
to Open a Frozen Yogurt Store
Locating
the Yogurt Store
The business location should be visible and easy to find.
Locate your enterprise close to heavy vehicular or foot traffic.
Other ideal locations are close to tertiary institutions
and leisure parks. Provide adequate parking for your customers and design an appealing
interior.
Finally Install appropriate equipment and hire cheap
labor but skilled.
Permits
and Licensing
You need a trade license to sell your produce. Create a
unique name for your product and register it with the appropriate authority.
Others are food handler’s permit, standardization of
product and value added tax. Register your enterprise as a sole proprietorship
or limited liability company.
There are no clear and cut standardization rules guiding
the yogurt industry. However they should be safe to eat and ingredients boldly
displayed so customers are empowered to make a choice.
Find out local government and state licenses in your
locality. Your enterprise might require Health inspections to accreditation
your business.
Purchase
Equipment
Equipment needed
to run a yogurt shop includes spoons, cones, freezers, mixers, blenders and
containers. Office equipment's are kitchen, table, chairs and packaging
equipment.
The interior and exterior of your store should be
attractive. So you can hire a qualified
interior decorator to furnish your store.
Write
a Yogurt Shop Business Plan
The business plan should cover fixed and working capital.
Carry out a comprehensive feasibility study to understand customer’s needs.
It will help identify popular trending brands, tastes and
prices. The feasibility study will
identify the best locations for your business, management structure and staff.
Create
a Good Flavor
You can either buy established brands or create your own
flavor. If you want to create your own recipe learn different flavors and toppings.
You can learn from books, manuals and tutorials. Other
places to acquire knowledge are websites, blogs and seminars. Common flavors
are chocolate, vanilla, strawberries and cream.
Funding
the Enterprise
The amount of money you need depends on the size and
scope of your enterprise. Secure loans from commercial banks, target saving or
from friends and family. The major cost involves leasing a property, hiring
staff, equipment and marketing.
The staffs you need include cashier, sales girls, and
storekeeper and accounts officer. Other staffs are production staff, drivers
and packaging staff. You can work with sales representatives to push your brand
to different markets.
Marketing
the Yogurt Shop
To leverage your yogurt shop for profit taking there are
a few things to consider. Advertise the shop on electronic and print media.
Print lots of flyers, posters, complementary cards and
billboards. Print colorful brochures and build a website. Make sure your
website is targeted to your locality and include a shopping cart.
You can network with store owners, supermarkets, and
malls. Sell from you shop or offer franchise agreements to small business
owners.
Other sales channels are small bike riders, buses and
local street vendors. Try press release, use online classified, offer discounts
and fun promotions. To remain relevant and competitive make sure the price of
your products are fair and reasonable.
How to Start a Sweetened Condensed Milk Business
How to Start a Sweetened Condensed Milk Business
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