How to Turn Your Love of Cooking Into Extra Cash

You know you are a great cook because people never turn down a dinner invitation and constantly press you to “go pro.” Or, maybe you’re a cooking professional who wants to make some extra money.

Websites such as EatWith.com match people who love to cook with people who want to taste their wares.

Cooking from home for profit is part of the emerging food-sharing economy. People who do this offer everything from simple bread and soup with locals to exquisite five-course dinners.

Here are some recommendations on how to serve up your new entree.

1. Learn what is legal

create jobs 51 / Shutterstock.com

State and local rules and ordinances vary widely when applied to home-based businesses. In some localities, such food enterprises are verboten. In others, the health department may require food-service certification.

So, tread carefully. It is probably best to seek out the advice of an attorney and to conduct your business as a legal entity.

2. Determine if there is a market for your type of food

Volodymyr Goinyk / Shutterstock.com

You could be the greatest meal-planner and cook in your neighborhood, but if there is no market for your specialties, you don’t have a business.

You also need to realize that the amount you charge for a meal can make or break your enterprise. Spend time researching comparable products and determining your costs before setting prices.

Remember that these costs can change. The prices of items such as flour, butter and eggs are constantly shifting.

3. Make your at-home culinary events a social experience

Jack Frog / Shutterstock.com

Guests will come to your table expecting a social experience. They’ll get to meet other guests who share their passion for food, and maybe even learn some cooking tips from the chef. (That’s you!)

This works particularly well when you have out-of-towners in your home. You might even get travelers from abroad who are not familiar with the local cuisine.

So go with your passion and make some money on the side by cooking. If you have more suggestions, please offer them below or on our Facebook page.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

Read Next
How to Fix 6 Common Retirement Mistakes

Here’s how to strengthen your nest egg before or even during your golden years so these missteps don’t ruin your retirement.

9 Genius Storage Solutions for Your Home

These creative products on Amazon will hide unsightly clutter while saving space.

Watch This: Organize Your Home With Dollar Tree Products

Here’s how to organize every corner of your home using only items from a dollar store.

This Is the Best Age to Buy Long-Term Care Insurance

If you wait too long to apply for coverage, you could be denied. So, when’s the sweet spot to apply?

Could You Give Up These 7 Expenses to Save Thousands of Dollars a Year?

You could save more than $30,000 by setting aside these costly expenses for just one year.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Most Popular
11 Senior Discounts for Anyone Age 55 or Older

There is no need to wait until you’re 65 to take advantage of so-called “senior” discounts.

20 Things That Are Actually Worth Stockpiling

You don’t need a year’s supply of toilet paper to survive an outbreak, but consider stocking up on these items.

9 Things You’ll Never See at Costco Again

The warehouse store offers an enormous selection, but these products aren’t coming back.

Can a Twice-Divorced Woman Claim Social Security Survivors Benefits?

Understanding survivors benefits rules is the key to getting the most from your benefit.

These Are the 10 Worst Cars for Depreciation

Two types of vehicles are especially likely to see steep plunges in value.

Do This With Your Mask Before Thanksgiving Dinner

Before you sit down at the year’s biggest feast, make sure to properly care for your mask.

Never Buy These 10 Things With Your Credit Card

Credit cards offer many conveniences and protections, but sometimes it’s simply smarter to keep the plastic tucked away.

13 Amazon Purchases That We Are Loving Right Now

These practical products make everyday life a little easier.

10 Things I Always Buy at Trader Joe’s

From snacks to sweets to side dishes, stock your cart with these time-tested favorites on your next TJ’s run.

19 High-Paying Jobs You Can Get With a 2-Year Degree

There are easy high-paying majors available in the U.S. — and no bachelor’s degree is required. We’re here to help you find easy degrees that pay well.

8 Surprising Household Items You Can Sell for Fast Cash

Sometimes, the humblest household items are worth the most money.

Cut These 11 Expenses Now If You Hope to Retire Early

Like the idea of financial independence? Part of the FIRE equation is cutting costs.

5 Ways Social Security Will Change in 2021

These adjustments will affect both workers and retirees in the new year.

These Are the 4 Best Medicare Advantage Plans for 2020

Medicare Advantage customers themselves rate these plans highest.

Stop Buying These 19 Things Online

The internet has changed how we shop. But for some things, you’re still better off buying the old-fashioned way.

15 Products You Need — Even If You Didn’t Know It

Discover some must-have products on Amazon that you didn’t even know you were missing.

3 Ways to Get Microsoft Office for Free

With a little ingenuity, you can cut Office costs to zero.

7 Tips for Building an Emergency Food Supply

A pandemic or natural disaster could leave you reliant on your existing emergency food supply. Is your pantry well-prepared for emergencies? Knowing what to stock up on for emergencies can be a difficult task and we’re here to help.

11 Things Retirees Should Always Buy at Costco

This leader in bulk shopping is a great place to find discounts in the fixed-income years.

View More Articles

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Add a Comment

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.