| Turn cooking skills into extra cash
Here are examples
of how retirees have turned common skills into spending
cash--including one couple who had only minimal 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. |
Pies become tasty profits
Calculating how much
she needed for retirement income, another 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" means everyone she knew
personally, socially and professionally.
She also brought pies to office meetings throughout the
year.
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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