Are You Ready for 2020?

Filed under: Business Strategies , Tags: , , — Author: Caron Golden , December 16, 2019

While you’re hard at work prepping meals for regular clients and perhaps also taking on catering events, there’s one more task you need to take on: preparing for 2020.

Nothing stays the same. Clients leave, new clients come on board. Food trends change. Your own life changes. And if you’re running a successful business you must be ready and even eager to evolve your business so that it continues to work for you.

So, let’s look at some things you need to do to know what tweaks you might have to make in various areas of your personal chef business:

  • Take a fresh look at your business plan and make revisions. Consider whether you’re enjoying your work and if not, why not? Then you can make adjustments to your schedule, your services, and even your goals. Have your priorities changed? Have your skills evolved? Before 2020 hits, determine what exactly you want to make of it and write it all down as a commitment to yourself.
  • Take a hard look at your finances, especially your profit and loss report. That end-of-year P&L will help you figure out ways to improve 2020 finances. Are you earning enough of a profit? Is your pricing realistic? Are you charging enough to make a profit? Are you ready for quarterly tax payments? Are your expenses getting away from you and what will they look like next year? We’re talking marketing, insurance, fuel/transportation, new equipment, perhaps even part-time help.
  • Review your equipment. Speaking of expenses, your cooking tools are some of the most consequential investments you make in your business? Do you need to replace anything or buy new and novel equipment for new menus you’re creating? Are there tools you no longer use and can stop hauling around with you? Do you need to get knives sharpened or buy fresh uniforms? Hey, if your car is your transportation to clients and events, you need to consider if it needs servicing or new tires.
  • Examine how well you’re promoting your business. Sure, your business is currently thriving but you have no idea what tomorrow will bring. A good, long-term client can go away in a snap. Have you been consistently marketing yourself and your business? What kind of professional networking are you doing and how can you improve it in 2020? Do you have business cards and do you hand them out? Are you promoting yourself through social media? Have you ever reached out to guest post on this blog (so you can then promote it on social media or your website)? Do you take great photos of your food for your website and social media—if not, how about taking a food photography class?
  • Look at your client mix and potential new opportunities. If you started your business even five short years ago you know that food culture and culture in general has dramatically changed. Five years ago you may have had an interest in cooking vegan food, but couldn’t find clients who were all that interested. Today it’s a thing so now’s your opportunity to seek them out. Perhaps you’ve developed an interest in cooking for people who have specific health issues to address—from heart disease to cancer to dementia. Or you want to help pregnant moms and young families. Or you want to prepare healthy “on the run” foods for young, time-deprived professionals. This is the time to research opportunities and make them happen in your 2020 business plan. It’s also the time to review and refresh your menus, maybe challenge yourself with new skills and trending ingredients.
  • Finally, look at your personal life and how well you’re balancing it with work. Are you and your family happy with your schedule or do you need to tweak it to give yourself family or personal time? Are you exercising and doing fun things that keep your body, mind, and heart satisfied? Are you prioritizing vacation time? Are you exploring continuing education that doesn’t just help your business but also feeds your soul?

Candy and Dennis are eager for you to succeed. If you are an APPCA member and have any questions about how to make your business work better for you, reach out and ask. If you’re considering becoming a personal chef in 2020, join APPCA. We can help you set up your new business.

What kinds of issues are you mulling over that we haven’t mentioned? What exciting plans have you got for 2020?

Not an APPCA member? Now’s the perfect time to join! Go to personalchef.com to learn about all the benefits that come with membership.

And if you are a member and have a special talent to share on this blog, let us know so we can feature you!

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