I have a staffing company that provides bartenders and servers.
Due to the requests and simply expanding my market. I've deciding to have a catering "division",
It's far to late in the game to compete with the several establish caterers out there.
The message board I joined asks caterers for quotes. Basically they're all the same.
Buffet 40-60ppl $15-$20 per person and they don't know what kinda food they want.
I can already sense the frown. But I'm half tempted to quote a price while looking at somebody else's catering site.
Put a markup on. Change out the serving containers Deliver it. and call it good.
Another good idea I heard was to get an up & comer out of culinary or college that has ambition and let him run wild.
Or solicit a catering company for their expertise, but I don't know how lucrative that would be.
I know nothing of food cost, prep time, I do know labor, profit, travel costs. would like to have a rough equation to submit.
Grade school math tells me 60 x 17/18. I Then, with that number figure overhead then tell caterer " can you do this for $X amount?
He/She will say yes.
That's the formula I'm looking for.