How to open a fast food corner?

 Nowadays fast-food lover is found everywhere in the world, this is an excellent time to open your fast-food corner to grow your income faster. 

Nowadays all generations love to eat fast food, because they taste incredible fast food the veg and non-veg fast food both are in taste is outstanding, so today the choice in your hand to start a new business journey with open fast-food corner. A report produced by Research and Markets says that the Indian fast-food market is expected to grow at a CAGR of 18% by 2020 due to changing consumer behavior and demography.

The fast-food market expanded in India in 2020, expected to be worth US$ 27.57 billion.

About 10% of the fast-food market in India is organized. NOVONOUS estimates that the organized fast-food market in India is expected to grow at a CAGR of 27% by 2020.

Vegetarian fast food constitutes around 45% of the whole fast-food market in India and is expected to grow at a CAGR of 18% by 2020.

According to the report, the global fast-food market was valued at over USD 539.63 billion in 2016, is expected to reach above USD 690.80 billion in 2022, and is anticipated to grow at a CAGR of slightly above 4.20% between 2017 and 2022.

It looks like the stars are aligned in the favor of the aspiring fast-food corner, then what are you waiting for? Hit the road to be the leading businessman in this field.

Here are a few points to help you in opening a fast-food corner in India:

Today I will tell you through my article how to open your fast-food corner in a few steps.

1. Market study.

First, you know what the most popular food item in the market is that the first choice of people, you first study the market where you think to set up your fast-food corner. 

2. Business plane.

After the market study, now make your plan for your fast-food corner business, how to arrange money for business, how to make customers happy with your service how to set up your fast-food corner. A proper business plan helps to boost your business.

3. Rent and outlet.

Look for a space where you open your fast-food corner. It should be in the main market and not at the farthest end or lost in the crowd sort of place because then your business would not be able to fetch the desired customer.

Check for proper electricity, gas, grocery, water, and ventilation in the place.

4. Create your business.

After renting an outlet area, Now decides what type of service give you to customers and design the place accordingly.

Chairs and table, the color of walls, decorative and what kind of music you are going to play for customers, deciding these things is equally important as the menu you are going to serve.

First, please the customer with aura, then with the food.

5. Staff and proper equipment.

Now comes the hiring part, where you need to hire chefs, managers, accountants, waiters, waitresses, and cleaners, who are going to run your business on daily basis.

Hire smart employees, who can take care of emergency situations.

Moreover, hospitality is an additional factor in running a fast-food corner.

Also, it is your job to keep the staff happy, as the saying goes by, ‘Take care of employees and the employees will take care of the customers.

Provide them training, send them on holidays, give them bonuses and take time out to talk to them and take feedback from them.

6. Market your business.

Before finally having a grand opening, market your fast-food corner through all the media channels.

It is advisable to invite a celebrity or politician for the inauguration so that the opening will be grand, and this will let the people notice you.

You can distribute pamphlets to the houses in the nearby locality and in between newspaper pages, where you can offer the first 100 or so customers some gift voucher or discount or things as such to attract more and more customers.

Take the help of these points and start your business plan today. The fast-food corner business is in demand and will continue to be till the love for food in people’s hearts exists.

                                              Content writer- ARYAN KUMAR.

                                    Contact- 9931668213

                                  Email- aryan5717106@gmail.com