How to Start a Cooking School Franchise
Starting a cooking school franchise is one of the most viable business ventures to date, with thousands of people – young and old alike – starting to know the benefit of being a good cook.
This ready-made business model is perfect for people who loves food and has the passion to cook.
Although, starting your own cooking school franchise will require you to do plenty of research, especially on the types of spices and equipment needed to prepare different types of food from all over the world. One of the things you need to consider in putting up your own cooking school is the cost of equipment – from shelves to ovens.
A typical cooking school would cost you around $1 million to $2 million, depending on the amount of equipment you will purchase. The cost already includes the construction or lease of the building. One of the most important things that you need to know about putting up a business like a cooking school is the population in the area.
When putting up a cooking school franchise, the parent company should help you determine whether the area of choice is viable for business or not. A typical population requirement for a franchise is around 200, 000 people or more. You also have to consider the demography of the people that will likely go to your school. For example, if you want to target younger people, the cooking academy should incorporate many aspects of learning into its cooking classes to keep the students’ attention to the dish they are cooking.
When you want to target older generation or housewives into your school, you should focus on things like baking and pastries, which they could prepare during special occasions. Another thing that you need to consider is the name-recognition of your cooking school. Make sure that the parent company has a reputable name and can help you get started once you have decided to put up your own cooking school franchise.
The training for you and your employees should be conducted by the company to give you a hands-on experience on running the business.