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What is the profit margin of a catering business?

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Quick Answer

There is no general profit margin at which catering companies operate due to their many differences in size, services provided and other factors. Margins can be improved with a number of focused strategies, including specialization, catering-specific software and an emphasis on organization and scheduling, according to BetterCater, a company that provides software solutions to caterers.

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Full Answer

Caterers need to learn how to be good entrepreneurs in addition to being good cooks and servers. This involves mastering the art of setting a schedule and knowing what to charge for time, supplies and preparation, states BetterCater.

Caterers can improve their profit margins by developing a niche. If they work in a specialized area they can charge more and move into social circles which help lead to referrals.

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