Starting a BBQ Catering Business -- Practical Hustles #3

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  • čas přidán 17. 03. 2021
  • Starting your very own catering business might be easier than you thought. Today I'm having a conversation with Austin Berry, owner of On the Ridge BBQ in Maysville, Kentucky. Austin has been a barbeque lover his entire life, but three years ago, he started taking it a little more seriously. In 2020, he monetized his passion for cooking BBQ by beginning to provide delivery and catering services to his community.
    Do you have a unique side hustle? Let me know in the comments! I'd love to feature you on the show.
    Connect with Austin on FB: / austin.berry.562
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    FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY. NOT LEGAL OR FINANCIAL ADVICE. The information provided in this video and on this channel is for educational and informational purposes only. It is not intended to be a substitute for legal or financial advice that can be provided by your own attorney, accountant, and/or financial advisor. Practical Personal Finance accepts no liability whatsoever for any losses or damages arising from your own personal financial decisions. You are advised to consult with your financial advisor, tax professional, or attorney regarding any and all financial decisions involving your own income and taxes.

Komentáře • 48

  • @chefshaneable
    @chefshaneable Před 3 lety +41

    Always can appreciate the side hustle. I've been a Chef for almost 20 yrs in restaurants and having a private chef/catering business. I would strongly tell you to look into food costing. If it costs you 1,000 to purchase and cook your BBQ for a wedding you should be making atleast $3500-4k for that gig. This will put you at atleast a 25-30% food cost. This way you are making a substantial profit to keep the business afloat. You should never be spending $1,000 of product and making $700. Just wanted to share that. Always make sure you are serving the best quality above your competitors so you can stand firm on your price.

    • @PracticalPersonalFinance
      @PracticalPersonalFinance  Před 3 lety +1

      Thanks for watching and for the awesome input!! I will definitely pass your comments along to Austin and I know he will truly appreciate it!! :)

    • @donkeycheese9104
      @donkeycheese9104 Před 2 lety +2

      I was shocked when I heard his numbers too. 700 bucks is poor margins off of 1k of meat

    • @hooksrub
      @hooksrub Před 2 lety

      So true

    • @IzzyEatz
      @IzzyEatz Před rokem

      I agree with this chef on pricing should make $2000-2500 on a $1000 food cost job

    • @mbaron4311
      @mbaron4311 Před 10 měsíci +1

      Wedding I just went to served pizza and it was minimum $25/person with increases for travel.

  • @hillbillyhobbies6644
    @hillbillyhobbies6644 Před 2 lety +1

    Good video! You asked some great questions! Thanks Austin as well, success stories are the best!

  • @iangooch6242
    @iangooch6242 Před rokem

    A really great video. That's been so helpful 🙂

  • @jasonburns527
    @jasonburns527 Před 2 lety +6

    Based on this interview and quick google search it seems that his BBQ business is no longer operational. Sad to see small businesses fall. I know my comment is a year late, but food cost should never exceed 1/3 of costs. General rule of thumb is that you if you are charged 300, then you have to charge 900 for the business to not flounder.

  • @DrunkenChefBbq
    @DrunkenChefBbq Před 3 lety +1

    This is very inspirational. We are in the start up process for our business. Thank you.

    • @PracticalPersonalFinance
      @PracticalPersonalFinance  Před 3 lety +1

      Appreciate you watching and best of luck with your business! Let me know if you have any questions, I'm working on more content for new small businesses coming soon! :)

  • @anterikasims2791
    @anterikasims2791 Před 3 lety +3

    This is an Awesome Interview .Really assisted me in figuring out why I started My catering service and how to present to others .Thank You and Goodluck!!!😃

    • @PracticalPersonalFinance
      @PracticalPersonalFinance  Před 3 lety

      Hi Anterika, thank you so much for watching and I'm really glad this helped you! I'll pass it along to Austin, he'll be really happy to know it. All the best to you!

  • @daleyp2001
    @daleyp2001 Před 3 lety +3

    Hey, I am looking at starting a side hustle, I am obsessed with bbq and where I live in the UK there is not much around !! This video was super informative and answered lots of my questions keep up the great work!!!

    • @PracticalPersonalFinance
      @PracticalPersonalFinance  Před 3 lety

      That's awesome Dale!! Thanks so much for watching and I hope you are able to start a successful BBQ business!

    • @Bigtinycrawler
      @Bigtinycrawler Před 2 lety

      Where are you based Dale? I'm doing the exact same thing now, already sold out several weekends doing it from home

  • @somdobomk
    @somdobomk Před 3 lety +6

    I’m guessing he saw Kosmo’s Q making that bbq on the Googan Squad fishing channel.

  • @rayperez6214
    @rayperez6214 Před 3 lety +1

    Great video!!!

  • @jaylopez4163
    @jaylopez4163 Před 3 lety +1

    HellaDope bro I started my journey 2 weeks ago

  • @godsboymanny554
    @godsboymanny554 Před 3 lety +7

    Very good video sometime in the future I would like to catering as a side Hustle, right now I sell plates every other weekend👍🙏

    • @PracticalPersonalFinance
      @PracticalPersonalFinance  Před 3 lety

      Thanks for watching Manny! Glad you found the interview valuable! I'll pass your comment along to Austin. :)

    • @craigdixon1243
      @craigdixon1243 Před 3 lety

      I'm thinking of doing the same

  • @WhatJoeKnows
    @WhatJoeKnows Před 3 lety +3

    This was a great interview and story. Entrepreneurship is awesome. I love some good bbq myself!

  • @deant876
    @deant876 Před 7 měsíci

    I have always wondered how these guys doing it as a side hustle, how do you get around the food safe certificate?

  • @hanoitripper1809
    @hanoitripper1809 Před 2 měsíci

    What kind of bbq smoker did he have?

  • @stevenckaroly
    @stevenckaroly Před 3 lety +6

    You missed one big aspect of any business - government permits. That’s the business license and health permit. Is he operating out of his backyard? Is it legal in his county/state?

    • @PracticalPersonalFinance
      @PracticalPersonalFinance  Před 3 lety +1

      Hey Steven, thanks for watching! I believe Austin is operating out of his back yard as you suggested he might be. I'm not sure what licenses or permits he has, nor am I sure what may be required in his home state of Kentucky. You raise a great point though, and that is to make sure you look into the proper licenses and permits for whatever type of business you may be starting. I agree wholeheartedly!

    • @stevenckaroly
      @stevenckaroly Před 3 lety

      @@PracticalPersonalFinance This is especially true in states, like my home state of California, that overly regulate food service businesses. Recent introduction of cottage food laws relaxed the ban on operating a food business out of your home, but only for certain non-potentially hazardous foods, like a BBQ rub blend. In California a caterer must operate out of a commissary, which adds to the cost of doing business.

    • @brmhandle
      @brmhandle Před 2 lety +1

      Many states in the Midwest and south have cottage and homesteading rights, meaning that as long as you’re making the food on your own property, pretty much anything goes and the customer assumes all liability

  • @billdelgado7905
    @billdelgado7905 Před 2 lety +2

    Bbq catering Should not be considered a side hustle go all in I have Been in the game since 2003

  • @garrotjax1232
    @garrotjax1232 Před 2 lety +2

    Bruv, are you related to stevie T?

    • @PracticalPersonalFinance
      @PracticalPersonalFinance  Před 2 lety

      Ha, I wish! That guy totally shreds. Maybe I'll have the chance to collab with him someday. :D

  • @maylonjones
    @maylonjones Před rokem +1

    I can make any where between 3k-5k in a weekend

  • @SteelToes
    @SteelToes Před 9 měsíci +1

    Sorry people... BBQ Catering is NO side hustle.
    It takes a lot of time, work and dedication.

  • @benjismith593
    @benjismith593 Před 2 lety +3

    His wife tried to get in the way of his hustle. Bet she's enjoying the money now. Stay single men. You'll have much more money.

  • @fadret
    @fadret Před rokem

    "I'm an online pastor, so Facebook is king for me" Church of Facebook--hahaha!

  • @stephendicicco4961
    @stephendicicco4961 Před 2 lety +2

    Completely irresponsible to not address licensing or regulations for a food service business. You must have health permits, liability insurance, register to collect and remit sales tax to the state and local governments. Not to mention all the regulations of hiring employees: income tax, worker’s comp insurance…
    Oh and $1700 on $1000 food cost is insane: 59% food cost?!?! Do one google search or talk to one restaurant owner and see that food cost should be less than 30%. And that catering gig you sold for $1700 a year ago? Now with inflation/supply chain/COVID the food costs $1200 or more, you still gotta buy disposable dinnerware, ice, wood… have fun working all weekend for free in your new side hustle!

    • @texasowl5356
      @texasowl5356 Před 2 lety +1

      Yeah this was a poor interview on both ends. Did more harm than good for Austin’s image in my mind.

    • @PracticalPersonalFinance
      @PracticalPersonalFinance  Před 2 lety +2

      Stephen, thank you for watching and leaving such a thoughtful comment! I agree that it would've been a good addition to ask Austin about any licenses and permits, but if I recall I decided not to since the requirements vary so widely from state to state, and due to the time constraints of the interview. Rather than getting into the nuts and bolts of how he runs his business, the purpose of this interview was to hear his story and provide inspiration to others that it's possible to start a similar business of their own. Although I did not ask him questions about taxes, licenses, permits, and insurance, I made the assumption that Austin, and anyone else who wishes to start a catering business, has done or will do the required due diligence and take the proper steps to operate that business in a legal and responsible manner.
      Additionally, with regard to pricing and profit margins, at the time of this interview Austin's business was still relatively new. Even if he had to work 2 full days in order to deliver on that catering order, his profit was still $700 - and there are a lot of people out there who would be willing to spend a weekend doing something that makes them happy for that kind of money. Is it sustainable long term? Probably not. But I remember a time when I was getting started in the video production business and I offered to make people's wedding videos for a mere $550; and I spent a lot more than two full days on each wedding. Did I stick to that pricing long term? Heck no. But it allowed me to gain experience and build relationships that would later allow me to make a side hustle in college into my full-time job afterward. We all gotta start somewhere!

  • @imgn8r715
    @imgn8r715 Před rokem

    Sellimg home cooked meat is illegal in kentucky and probably most or all US states. So this entire interview is promoting an illegal activity.

  • @rondent2879
    @rondent2879 Před rokem

    Video is too long winded and goes over info that is irrelevant.