Vada Pav is a popular Indian Street food that is widely enjoyed in the state of Maharashtra, with a very strong presence in cities like Mumbai. If you want to tap into this market opportunity, you will need to consider a few factors like location, competition, pricing, and quality to make sure you stand out and find success in selling Vada Pav to your customers. Here is a five step guide to start your Vada Pav business in India.
Market research
Abu Sufiyan, who is a local Vada Pav vendor said in an interview with our Rais Dar that one must begin his market research to make sure he or she gets an idea about the demand for Vada Pav in the target area. He said, it will help him or her find his Target audience, and at the same time learn about competitors.
Create a business plan
All entrepreneurs must create business plans for their businesses even if it is a simple business. He said entrepreneurs who plan for this business should pen down a business where in goals, budget, and strategies will be outlined and they should also determine a suitable location for their stalls or stores and calculate startup costs.
Legalities and formalities
Sufiyan when we posed a question if there is any legal formalities required, replied politely that nothing is more dangerous than legal hands. He advocated business registration and getting all the important licenses and permits. He added that entrepreneurs should also make sure they meet safety and health related standards or regulations of that location they plan to setup their business and serve their customers.
Buy your ingredients
Abu Sufiyan have put a lot of thrust on making a strong relationship with reliable suppliers of ingredients from whom you will be obtaining potatoes, spices, bread, and chutneys. The supply chain must be qualitative and consistent with their offerings.
Equipment and staffing
The brother Sufiyan aslo added when we were interviewing him that entrepreneurs should buy all the important cooking equipment and hire a team equipped with great cooking skills. They may at times need you to give them trainings so that they keep up with your business policy and deliver the most customer satisfaction services.
