Owning a business is an exhilarating experience. You can become your own boss and join a large group of people that take delight in the products they sell. Even in a downturn, the food industry thrives and expands. After all, despite what we have had to give up, food is one item we can't live without.

While much of how to start a small food business consists of concrete steps such as choosing your business structure and finding funding, there’s also the soul-searching question: Are you willing and capable to do this?

You can upgrade towards having a store when you've established your presence in the region. From the beginning, you'll have an established consumer base, in doing so.

Don't over invest in kitchen equipment. For example, instead of purchasing a stand mixer for a bakery, a hand blender will suffice. Use a restricted number of molds and your imagination to give it a unique look. Look for old equipment, which will be much cheaper.

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