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  • 5 Ways Takeaway Businesses Can Cut Costs

5 Ways Takeaway Businesses Can Cut Costs

on June 11, 2013by DoMyLLCin Finance

When you run takeaway businesses, your profit margins can often be tight, so one of your main aims will be attracting new customers and making sure they come back next time they want to indulge in take out. So, what can you do to ensure that you help your business when it comes to cutting costs? There are a few simple tips that you can follow to help you save money and keep your business running smoothly.

Packaging

Every order you have will need to be boxed up as well as put into a carrier bag. As this is a guaranteed expenditure you should make sure that you should always look for the best deals. Buying your packaging supplies in bulk you will be sure to save money. Research the best offers online and compare them to cash and carry prices.

You may end up finding a deal online that you haven’t currently been getting elsewhere. As packaging needs to go out with every order, the costs will all add up. Even a small change in price will add up and make a difference to annual totals. Source a reputable packaging company, like Davpack, if you choose to buy online, so that you know you’ll always have your delivery on time.

Energy Efficient Appliances

If your kitchen equipment has been around for a good few years, the various appliances could be costing you more than a new set of them would. Aging appliances tend to start wearing out, and in turn use up more energy to get the job done. This means that your electricity bill can skyrocket up. Older gas appliances can use up more than necessary, too.

You should be having your appliances checked regularly anyway for safety reasons, and a safety inspector will be able to advise you on whether or not they think it’s time you invested in new kitchen equipment. Although it can be expensive, the savings you’ll make in the long run will make a difference to your yearly profits.

Managing Deliveries Properly

When your driver takes your deliveries are you sure that they are making their journey as efficient as possible? Obviously, time is a crucial factor in keeping your customers happy, and too many drop offs in one run around can lead to cold food. However, working out how many drop-offs your driver can make sensibly in one journey will save time, petrol costs and make it all round a better business decision.

Price Compare

When buying your food supplies and ingredients, always compare prices from various shops and cash and carry’s. Make sure you know exactly how much of each item you need and don’t overbuy in an attempt to guess. Guessing what you need can be a massive problem for small takeaway businesses as it can eat away at funds or alternatively, can lead to a lack of stock during busy times.

Use Social Media

Conventional advertising methods are expensive and often small businesses won’t have the budget to fork out for many printed or online adverts. However, Social Media can be a great tool for small businesses to promote themselves without the cost. Utilizing Facebook and Twitter can be valuable to connect with customers and also offer out rewards for their loyalty. Competitions as well as discounts can encourage new custom as well as repeat business.

If you run takeaway businesses, then following these tips will help you keep your finances in check as well as save money.

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