Luckily, A Pizza Business is on The Lower end of The Risk Scale.
A pizza business is relatively safe (though don’t get the wrong idea, there’s no such thing as a fool proof business idea) because pizza has become such a staple of the western diet.
Pizza business: A relatively safe investment
Restaurants catering to people who enjoy food that might be called exotic take a larger risk in that their potential market is much smaller, as they are attempting to appeal to a more curious kind of consumer, and honestly, when people are out and about and they’re hungry, more often than not, they just want to eat something delicious, they don’t necessarily want to expand their palette.
A Pizza Business offers Something That Most Eaters Are Familiar With
One of the primary risks in opening up a new pizza business is that, well, you’re going to have your share of competition.
Most small to medium sized cities can support at least a few similarly themed restaurants. In your own town, you can probably name at least three popular pizza business spots. The good news is that there is so much competition because it is a pretty lucrative market.
Getting your Pizza Business Started
Depending on the scale and scope of your goals for your pizza business, what you will need to start off with will vary considerably. For this reason, we can’t really make any specific price estimates for how much money you'll need to get started.
However, it goes without saying that you'll probably need to outfit your new pizza business with an oven and other kitchen equipment, as well as furniture (if you opt for a dine-in pizza business, though you can also operate a successful delivery only pizza business).
You may be able to get a good deal on a used oven for your pizza business through a classified ad website like www.craigslist.org, or you may want to outfit your pizza business with a new, top of the line model.
If you really want to get fancy and give your pizza business patrons the authentic experience, you could also get an authentic brick pizza oven at a website like www.fornobravo.com, but this can really be pricy, when you include shipping and delivery fees and such.
When you’re just starting your pizza business, it may be a good idea to set your sights a little more reasonably. As your pizza business grows and expands, you'll have your pick of ovens, but for now, any old pizza baker will do, to be honest.
Location, Location, Location
With location, you'll want to set your pizza business up in a high traffic neighborhood. Rather than just settling on downtown or mainstreet, you might want to look into other options for your pizza business location, though.
In most towns, there are plenty of places where business hasn't really been developed yet, but where a good pizza business could really stimulate the economy.
You might even be able to look into city development programs. Many cities offer new business owners tax breaks and benefits for helping to improve the image and economy of struggling parts of town.
Excellent Staff for an Excellent Pizza business
When hiring staff for your pizza business, it’s helpful to have some experience in restaurants (this is something that will really help with a pizza business in all respects: experience in the food industry).
When first hiring on staff for your pizza business, having some friends with experience in cooking and serving will prove a much easier way to get started than going the traditional application route.
To be frank, it’s just smarter to start a pizza business with people you know are reliable. Honestly, anyone can ace an interview, but what really counts is practical skill in the kitchen and on the floor, and more than atmosphere or advertising, a pizza business lives or dies on the strength of its staff.
Good food and good service is what brings customers back to your pizza business over and over again. Like any other restaurant, a pizza business absolute must have a qualified, friendly crew.
Pizza Industry Latest Facts and Figures
Pizza Business Resources
Minimum Start Up Cost |
Licensing and local fees vary considerably, but usually fall within $200-500, depending upon how you set up the initial sales model.
If setting up and serving as part of a festival operations you will require far less capital – just about $5,000 in typical equipment. You may need to invest up to $20,000 for transport.
Storefront operations will typically require around $5,000 additional capital. |
Minimum Start up Equipment |
Cash handling system, approved cooking surfaces and equipment, transportation, computer with broadband connection, multi-line telephones. |
Optional or Advanced Equipment |
Delivery will require a vehicle either leased or purchased. |
Associations |
National Restaurant Association |
Courses |
Small business courses are the only relevant option. Some franchise operations require company training. |
Reference Sites |
Pizza Business News & Info
Learn the Pizza Business
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Important Point To Keep In Mind
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