When starting up a business, every entrepreneur should focus on 3 crucial aspects of the business. Whatever type of business you have, there are 3 important things that make up the success of your business.

In putting up your own restaurant express delivery service, we will try to apply these 3 crucial aspects in the nature of the business. You’ll be surprised why these 3 vital factors are already given even before you deliver that first order.

1. Every business’ goal is to create and keep their customers.

More than just an adage, this maybe one of the most common and oldest advice you can get from experts, old guys etc. Every business’ goal is to offer something that customers would be willing to spend their hard earned money for. And have them do it again and again.

In the food delivery business, your customers are already buyers. They are already familiar with what you are going to offer them: the dishes, entrees taken from their favourite dine-in restaurants. There’s no selling involved. You only have to let these customers know that this type of restaurant express delivery service is available, and they have the opportunity to try it out.

2. Every business’ goal is to offer a good price.

Pricing structure is critical in starting a business. You need to offer a reasonable price but making sure that you are not offering the price too good, or you may go on bankrupt the next inventory.

Pricing in your restaurant delivery business is not really an issue. You will offer the same price as the restaurants you deliver for. The pricing structure is already fixed and if ever there is a need to adjust, it is on the restaurants part that would have to do the adjustments and not you.

3. Monitoring cash flow.

Monitoring revenues and expenditures can be a real pain in managing your business. But every business’ target is to have a reliable cash flow and low amount of cash spent.

Monitoring your cash flow in a food express delivery service is not really hard to manage. Your customer pays you the amount based on the restaurant’s price and you get your revenue from the discount you get from the restaurant. No hard math involved.

Unlike when you actually manage a food business where the costing, outgoing and incoming cash needs to be closely monitored, in a restaurant express delivery service business, you can easily determine your revenue by counting how many deliveries you have for the day.