James Sinclair's Business Broadcast Growing Fast at £92k/month: What’s Next for This Ambitious Catering Business? (4k)
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Apr 6, 2025 Maxwell House, the ambitious owner of Lordwell Catering, chats about his thriving £92k/month catering equipment venture. He shares insights on overcoming growth challenges and the intricacies of inventory management in a competitive market. The conversation takes a humorous turn as they explore personal pride and entrepreneur traits. Maxwell reflects on transitioning from reselling to building a brand and discusses the dynamics of contract catering versus traditional hospitality. His entrepreneurial journey is a blend of calculated risks and innovative strategies.
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Acquire Existing Businesses
- Consider acquiring existing businesses in the catering supply chain for faster growth.
- Buying established companies offers immediate scale and market share.
Build Relationships
- Build relationships with clients for repeat business and increased lifetime value.
- Personal connections foster loyalty in the catering industry.
Prioritize Speed and Convenience
- Prioritize speed and convenience over price in the catering supply business.
- Customers value quick delivery when they need supplies urgently.