Industry revenue for caterers is increasing, as consumers and businesses boost spending on such services. But that’s just the appetizer. With reportedly 5 cents of capital spent for every $1 of labor, catering is one very lucrative business. And since industry growth is projected to increase in the coming years, you could really cook up a profitable venture.
But all the positive and lucrative forecasts require proper handling. Otherwise, your catering business may lose opportunities—or worse, lose them out to competitors. What would software for catering do to prevent this from happening?
Here are five compelling reasons that show you exactly why catering software can help you make the most of business opportunities in the industry.
1. Catering software will keep you organized and it will streamline your business.
From booking control to costing and tracking expenses, your catering business can do it all with one system. You’ll not only simplify your process by keeping track of everything with ease. But you’ll also improve how you run your business and how you provide customer service. It is the caterer’s most trusted tool for improving business — well, that, and great tasting food.
2. The right software will prevent you from overspending on events and wasting food.
A good rule of thumb for any catered event is that more food is certainly better than food shortage. But making sure every guest has had sufficient food to eat is different from making sure your catering business does not spend too much on what is necessary. Catering software will come with a costing feature that will allow you to manage money going out, and even prevent food wastage.
3. You will never drop the ball on any event — even when you’ve got a full schedule for the month.
When business is good, your calendar will look full. Sometimes, in the frenzy of catering for corporate banquets, for wedding receptions, for birthdays and anniversaries, there is a tendency to forget certain details with some events. Unless you’re blessed with a photographic memory, you will need help with managing all your events. And catering software that features calendar management and event management should prove very useful.
4. Following up on a prospect is easy with catering software.
Client management, let alone prospect management, can be overwhelming. When you have details scattered in different sources, like on your phone, on your desktop computer, or some sticky note somewhere, you will waste a lot of time just trying to get details about a client or prospect. With the right software, you’ll have an organized customer database and follow up on prospects with ease.
5. You can manage your catering business form anywhere.
Finally, catering software can come in cloud-based or Web-based deployment. This means you can basically run your catering empire from anywhere, using any mobile device. Just make sure the software you’re getting is proven safe and secure.