Turn cooking
skills into extra cash
Here are examples of how retirees have turned
common skills into spending cash--including one
couple who had almost no cooking skills.
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One thing to keep in mind about making
and selling food items: these types of
businesses are regulated by local health
departments or other similar local
government offices.
Some areas ban preparation of food for sale
in home kitchens and require you to use
commercial kitchens. Be sure you check out
the local regulations before you begin your
food business.
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Pies become tasty profits
Calculating how much she needed for retirement
income, a woman we know came to the realization that she
need more money to live comfortably after retirement.
Her pies became her path to financial freedom.
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During the year before she retired, she told
everyone about her plans for a new pie company.
And "everyone" meant everyone she knew
personally, socially and professionally.
She also brought pies to office meetings
throughout the year as a way of advertising her
new business.
When her retirement date came, she was able
to launch her business of making and selling
pies to local companies for special occasions
such as office birthday parties and holiday
events.
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People who ate her pies at office events, often then
ordered pies for themselves from her. During the
holiday season she was especially busy. After a
year or so she had a large customer base, almost
entirely by word-of-mouth.
No cooking skills? No problem!
Just call them the "Waffle King and Queen".
This couple had absolutely no background in the food
business. They just knew what liked to eat--waffles.
And they liked going to the local farmer's market in
summer. So they bought a commercial grade waffle maker
and opened a waffle stand at their favorite farmer's
market. The toppings for their waffles were in-season
fruits, powdered sugar, whipped cream and some syrups.
It was a big hit! They have done it during the summer
months for several years now and the extra money they
earn helps pay for winters in Arizona.
Important: many farmers' markets, swap meets, street
fairs and other open air markets are highly in demand
and have waiting lists. And you will most likely
need approval from the local health department to open a
food business. Check all this out before you
launch your company.
Back to
Hobbies
into Cash
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