* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, August 2, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Sens. Blackburn, Warnock introduce CREATE Act to provide tax relief to music creators – Yahoo Home

    Sens. Blackburn and Warnock Launch CREATE Act to Deliver Tax Relief for Music Creators

    That’s (Political) Entertainment: When Theatre Meets Politics

    Future Script: How Generative AI Is Changing Collective Bargaining in the Entertainment Industry – Jackson Lewis

    Future Script: How Generative AI Is Transforming Collective Bargaining in Entertainment

    The SBA’s live-entertainment bailout was supposed to end two years ago. We still don’t know how $1.5 billion was spent. – Yahoo Home

    $1.5 Billion Live-Entertainment Bailout: Two Years Later, Where Did the Money Go?

    Wall Street Bets: Caesars, Golden Entertainment, Churchill Downs, GLPI, Boyd – CDC Gaming

    Top Wall Street Bets: Caesars, Golden Entertainment, Churchill Downs, GLPI, and Boyd Take Center Stage

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Livonia police use grappler technology to stop drunk driver – ClickOnDetroit | WDIV Local 4

    Livonia Police Deploy Grappler Technology to Safely Stop Drunk Driver

    Emory orthopaedic surgeons use robotic technology to transform knee replacement surgery – Emory News Center

    How Robotic Technology is Revolutionizing Knee Replacement Surgery

    Cognizant Technology Solutions Corp (CTSH) Q2 2025 Earnings Call Highlights: Strong Revenue … – Yahoo.co

    Cognizant Q2 2025 Earnings: Impressive Revenue Growth and Key Takeaways

    Revving Up The U.S. Technology Engine – Forbes

    Revving Up The U.S. Technology Engine – Forbes

    More than just a hockey player – Rochester Institute of Technology Athletics

    Beyond the Ice: The Inspiring Journey of a Remarkable Athlete from Rochester Institute of Technology

    Smart Logistics in Warehousing – From Legacy Protocols to Green IoT – How Technology Is Reshaping the Sustainable Supply Chain – Logistics Viewpoints –

    Smart Logistics in Warehousing – From Legacy Protocols to Green IoT – How Technology Is Reshaping the Sustainable Supply Chain – Logistics Viewpoints –

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Sens. Blackburn, Warnock introduce CREATE Act to provide tax relief to music creators – Yahoo Home

    Sens. Blackburn and Warnock Launch CREATE Act to Deliver Tax Relief for Music Creators

    That’s (Political) Entertainment: When Theatre Meets Politics

    Future Script: How Generative AI Is Changing Collective Bargaining in the Entertainment Industry – Jackson Lewis

    Future Script: How Generative AI Is Transforming Collective Bargaining in Entertainment

    The SBA’s live-entertainment bailout was supposed to end two years ago. We still don’t know how $1.5 billion was spent. – Yahoo Home

    $1.5 Billion Live-Entertainment Bailout: Two Years Later, Where Did the Money Go?

    Wall Street Bets: Caesars, Golden Entertainment, Churchill Downs, GLPI, Boyd – CDC Gaming

    Top Wall Street Bets: Caesars, Golden Entertainment, Churchill Downs, GLPI, and Boyd Take Center Stage

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Livonia police use grappler technology to stop drunk driver – ClickOnDetroit | WDIV Local 4

    Livonia Police Deploy Grappler Technology to Safely Stop Drunk Driver

    Emory orthopaedic surgeons use robotic technology to transform knee replacement surgery – Emory News Center

    How Robotic Technology is Revolutionizing Knee Replacement Surgery

    Cognizant Technology Solutions Corp (CTSH) Q2 2025 Earnings Call Highlights: Strong Revenue … – Yahoo.co

    Cognizant Q2 2025 Earnings: Impressive Revenue Growth and Key Takeaways

    Revving Up The U.S. Technology Engine – Forbes

    Revving Up The U.S. Technology Engine – Forbes

    More than just a hockey player – Rochester Institute of Technology Athletics

    Beyond the Ice: The Inspiring Journey of a Remarkable Athlete from Rochester Institute of Technology

    Smart Logistics in Warehousing – From Legacy Protocols to Green IoT – How Technology Is Reshaping the Sustainable Supply Chain – Logistics Viewpoints –

    Smart Logistics in Warehousing – From Legacy Protocols to Green IoT – How Technology Is Reshaping the Sustainable Supply Chain – Logistics Viewpoints –

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Entertainment

Food and beverage start-ups: How to succeed where others fail

April 11, 2024
in Entertainment
Food and beverage start-ups: How to succeed where others fail
Share on FacebookShare on Twitter

Let’s be honest, starting a new company in any industry is not easy. In fact, it’s nerve-shreddingly difficult, and comes with a whole heap of financial and reputational risks. So why do so many start-ups fail and how do others succeed?

Why is it so difficult to create a successful start-up?​

Entrepreneurs face a whole range of challenges when founding a new company. From securing the initial business loan or investment, to securing distribution channels, it’s an uphill struggle. But ask the people on the other side of that struggle, who’ve made it from start-up to established brand, and I’m sure they’d say it’s worth it.

However, there’s no denying that many companies won’t make it to that stage.

According to market trends firm, Exploding Topics, 10% of start-ups across all industries will not survive past the first year. A further 70% of start-ups will fail during the following four years. And a total of 90% of start-ups will fail overall. Yes, these are bleak numbers, but knowledge is power and understanding the risks will help to ensure that the decision to create a new business is not taken lightly and that all the necessary preparations are made. But why do so many start-ups fail?

“There are lots of reasons for start-ups to fail,” said Stephen Minall, founder of FDReviews, while speaking at IFE 2024. “Maybe it’s a husband and wife team that gets divorced or a brother and sister partnership who fall out.”

However sufficient funding is, by far, the main reason that new businesses fail.

“New businesses often run out of money,” adds Minall. “It’s very very difficult to do it on a shoestring now.”

Another major issue, faced by food and beverage start-ups in particular, is actually getting their products into shops in order to sell them.

“Most of the supermarkets are very difficult to get into,” says Minall. “A supermarkets is not a TARDIS, if your product goes on the shelf then something else has to give way.”

So what can you do to help mitigate these risks and give yourself the best chance of success?

Start-ups - GettyImages-jeffbergenFood and Beverage start-ups: How to succeed where others fail. GettyImages/jeffbergen

How to help your start-up succeed​

Do your homework:​ Make sure you know as much as you possibly can about the industry, including your supply chains, your production plans and your competition.

“Do your research,” says Minall. “Go into supermarkets, look at the shelves, look at the shelf space to make sure your product actually fits the shelf height. I’ve seen hundreds of brands where the bottle’s the wrong size or the jam jar looks lovely but you can’t get the product out.”

Grow your network:​ Get to know people across your industry who can advise you on the different stages of creating, launching and growing your business.

“You may well find that there are different people who have different expertise who can help you at different parts of your journey,” says Bruce Isaacs, partner at Hospitality Management Solutions.

Set goals:​ Make a clear plan for how you want the company to develop so you know what you want to achieve and by when.

“Get some KPIs in place so you can measure your progress,” says Dan Barron, non-executive director at Just So Care Ltd.

“KPIs are crucial” agrees Isaacs.

Speak to a business consultant​: Consultants can guide you through some of the more complex business processes and advise you on fundamental decisions. But choose that consultant carefully as you’ll be financially invested in them and they’ll be having an influence over the success of your company.

“Look at their LinkedIn, get case studies from them, tie your contract to results and trust your instincts,” says Daniela Busseni, senior consultant at IGD

Find the right distribution channel for your product:​ You don’t necessarily need to sell your product through a supermarket, particularly in the beginning when your brand and your products are unknown. There are multiple alternative options, including online shops such as Amazon.

“There are Amazon experts out there that can help you if you want to go the ecommerce route,” explains Minall. “But don’t just think multiples. If you’ve got a product that can be sold in bulk than you can sell it into manufacturers, you can sell it to farm shops – there are thousands and thousands of farm shops, delis and garden centres.”

Be open to change:​ Your circumstances may change throughout your first year but if you can adapt to those changes and recognise the aspects of your business, which are not working, then you have a greater chance of success.

“The reality is, the business you end up with will not be the one you have in your business plan,” says Isaacs. “They’ll be something that will happen and opportunities will change, meaning that the business looks different.”

And perhaps most importantly, “make those changes whilst you still have the budget to make them,” says Barron.

Don’t lose hope when things don’t work:​ There will almost certainly be aspects of the business or a particular product idea which won’t succeed. But that’s okay, not everything will work out perfectly and not every product will succeed.

“Don’t take it personally, it happens to everyone,” says Tim Davies, founder of DuelFuel. “Steve Jobs failed at Apple in the first couple of years and look what happened.”

“It’s a learning journey,” agrees Busseni. “It’s not about failure.”

But more than anything else, “enjoy the process,” adds Davies.

“It’s not easy, but guess what, it’s a lovely business to be in,” concludes Minall.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : FoodNavigator – https://www.foodnavigator.com/Article/2024/04/11/Food-and-beverage-start-ups-How-to-succeed-where-others-fail?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS

Tags: beverageentertainmentStart-Up’s
Previous Post

The Download: AI is making robots more helpful, and the problem with cleaning up pollution

Next Post

Cocoa cooperatives in Côte d’Ivoire: A conduit for collective action

Livonia police use grappler technology to stop drunk driver – ClickOnDetroit | WDIV Local 4

Livonia Police Deploy Grappler Technology to Safely Stop Drunk Driver

August 2, 2025
New NIL guidance from College Sports Commission softens stance on collective payments to athletes – CBS Sports

New NIL guidance from College Sports Commission softens stance on collective payments to athletes – CBS Sports

August 2, 2025
Foraging strategy and tree structure as drivers of arboreality and suspensory behaviour in savannah-dwelling chimpanzees – Frontiers

Foraging strategy and tree structure as drivers of arboreality and suspensory behaviour in savannah-dwelling chimpanzees – Frontiers

August 2, 2025
EPA attacks climate science. Here are the facts. – E&E News by POLITICO

EPA Questions Climate Science: Key Insights You Shouldn’t Miss

August 2, 2025
6 science-backed strategies to improve your memory – National Geographic

6 Proven Science-Backed Strategies to Boost Your Memory

August 2, 2025
Trying to keep your brain young? A big new study finds these lifestyle changes help – NPR

Trying to keep your brain young? A big new study finds these lifestyle changes help – NPR

August 2, 2025
2025 World Junior Summer Showcase: 3 things learned on Day 5 – NHL.com

3 Must-Know Highlights from Day 5 of the 2025 World Junior Summer Showcase

August 2, 2025
Economic Reality Bites Trump and His Protectionist Trade Policies – The New Yorker

How Trump’s Protectionist Trade Policies Ended Up Hurting the Global Economy

August 2, 2025
Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

August 2, 2025
President Trump Delivers Remarks on Making Health Technology Great Again – The White House (.gov)

President Trump Delivers Remarks on Making Health Technology Great Again – The White House (.gov)

August 2, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (750)
  • Economy (775)
  • Entertainment (21,653)
  • General (16,243)
  • Health (9,812)
  • Lifestyle (783)
  • News (22,149)
  • People (776)
  • Politics (784)
  • Science (15,988)
  • Sports (21,271)
  • Technology (15,753)
  • World (758)

Recent News

Livonia police use grappler technology to stop drunk driver – ClickOnDetroit | WDIV Local 4

Livonia Police Deploy Grappler Technology to Safely Stop Drunk Driver

August 2, 2025
New NIL guidance from College Sports Commission softens stance on collective payments to athletes – CBS Sports

New NIL guidance from College Sports Commission softens stance on collective payments to athletes – CBS Sports

August 2, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version