There are three burger stands located in my hometown. The three establishment have one thing in common, they sell burgers buy one take one. Taste is not an issue for me because their formulas deviate slightly from each other. Taste difference is slightly noticeable.
This cutting throat technique of selling might be a hurdle for entry level capitalist or entrepreneur. If you are one of the aspiring entrepreneur and want to enter into the same burger business, here are some tips to compete with the “buy one take one craze’, unless you want to focus on product quality instead of quantity.
1) Gather workforce with really low salary. I heard from a reliable source that some burger stand employees have very low salaries. Department of Labor will sue you for this sooner or later.
2) Settle with cheap, small and over inflated buns. Buns are getting smaller and smaller. Most of them are too soft, manufacturers allow longer yeast’s action to give the bread a bigger size. Notice that buns have relatively large holes than before.
3) Use extenders for patties. Banana heart patties are cheaper. Beef can be mixed with banana blossoms, mushrooms and vegetables to achieved lower cost. Starch can also be added in excess. Just be sure not to sacrifice the taste because it will turn your business up side down shortly.
4) Use fewer ingredients in making burgers. Most hamburgers of today are smaller compare to hamburger from five years ago. Specialty and expensive burgers are exception.
5) Buy raw materials in large volume. A good deal of discounts can be acquired from bulk buying.
Any added tips? Any ideas will be appreciated.