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Problems faced by F&B start-up
Choosing the right food supplier in Singapore is one of the common headaches faced by business owners of small F&B setup. For the inexperienced, the quantity to be ordered, pricing, quality & credit terms etc are issues that need to be solved for such F&B start-ups.
This is not even to mention the concept you had to curate way before the opening of your café / eatery. Your Brand Story, Brand Values, Brand Experience etc are essential elements for your Brand to achieve sustainability in this competitive industry. You can find more of this at this Brand Agency www.etereomedia.com on the Branding services they provide.
Next, what are some of the pressing issues faced by newcomers of this industry when their retails are up and running? We’ve listed some of the common challenges faced by such start-ups;
- Cashflow issues due to small capital outlay
- Reliable suppliers
- Reputable suppliers
- Brand awareness, especially so for the first 6 months
- Marketing channels to be used for marketing
- Safety and quality of food supplies
- Meeting compliance & regulations by industry bodies
- Credit terms offered by suppliers
- Origin of food supplies