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Making Money from Wholesale Catering Services When ordering wholesale catering goods, getting a low price is imperative. Shaving just 5p off the price you pay for each loaf of bread will make a substantial difference to your bottom line over the course of a year. The catering company you choose, and the prices at which you purchase, will have a huge influence on your profits - but there are other ways to save money as well. Cutting Your Costs We're experiencing a tough financial period at the moment, so it's more important than ever before to make savings wherever you can. While cutting costs in some areas can be a sensible strategy, it's important to strike a balance. Your attempts to save money should not undermine your business, or the standard of service you provide. The obvious way to save money when catering is to be meaner with portions - so you use less food - or to lower the quality of the ingredients you use. This tactic has its dangers, however, and may even cost you customers if they're unimpressed. Instead of compromising on quality, it might be wiser to save money in more creative ways. If you currently offer a wide selection of choice when catering, focussing on just two options – one meat, and one vegetarian – may be a good way to save money. This will ensure you can use high quality ingredients, but are not stretched too thinly. Another option is to make greater use of frozen food. Research by the Manchester Research Centre found this practice could save catering companies considerable amounts of time in preparing, cooking, and finishing meals. Wastage can also be reduced, as can staff costs, because preparation of the food is simpler. While the idea of serving frozen food may not particularly appeal to you, perhaps compromising by serving a frozen starter or desert - and then preparing the rest of the meals from scratch - may be more acceptable. How Wholesale Catering Companies Can Make Your Business Extra Competitive The simplest and best way to save money is to attempt to purchase your wholesale food at the lowest price possible. Other techniques can be used if necessary, but it really is important to ensure you do not compromise on your business's values, or undermine the standard of service you currently offer. Many wholesale catering companies will be more than happy to talk to you, and discuss sensible ways you can reduce your outgoing costs. Save money for your business by buying food wholesale.
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