Monday, 3 November 2014

Cost-Effective Strategies For Your Food Business

By Keren Kipfer


Keeping your operating cost at a minimum is a concern which many people take especially if they wish to sell food products to consumers all over the United States. Keeping cost per unit as low as possible without sacrificing the product quality is always a main concern. Listed below are a few suggestions that might help you with your overall expenses in keeping them low.

When you are just starting out, it can be wise to lease your equipment rather than purchasing everything you need for your production. Leasing reduces your upfront costs substantially. Instead of buying equipment, you can concentrate on product design, quality control and marketing.

The type of packaging that you are using plays a big factor on the effects of your bottom line. Using less packaging for instance, generally saves you money however, having the right amount of size and packaging is important to surround and protect your food product. Using a lighter weight packaging is also another good alternative that can reduce your overall shipping costs and you can opt for plastic packaging or a combination of cardboard and plastic in keeping your items fresh and secured.

Of course, you will need to affix special information, such as batch numbers and expiration dates onto each individual unit. To do this you will need a machine known as an id coder or id printer. There are many different types of CIJ coders and DOD coders, including Domino coders, Videojet coders and other major brands. Purchasing refurbished coding equipment from a company such as Print Jet, can be an excellent way to cut costs.

In addition to refurbishing coding equipment and selling refurbished coding equipment, looking for high quality versions of ink and make-up fluids for all of the major brands of coders such as PrintJet helps. They are able to create generic versions of Videojet ink, Altima ink, Imaje ink, Maxima ink, Domino ink and others. Purchasing generic inks and make-up can help you cut cost tremendously.

Trying to expand too quickly is one mistake that many companies take. Don't jump next to a new product until you have established success with your current product and this is particularly true if you have one specific food product that you are selling. Rather than trying to expand with many different varieties, it is best to add one new product at a time. One should not hesitate to remove a product that is recently introduced but isn't gaining popularity as other items need to be concentrated upon.




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