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Can I have some tips on having a bakery as a business?
I really love baking and I would like to manage my own bakery but I am still orienting myself about the financial risks with this type of business. For those who are into baking, what are your bestselling items (cookies, cupcakes, cakes)?Did you find it very rewarding? Any tips will be appreciated. Thanks!
3 Answers
- TM Express™Lv 71 decade agoFavorite Answer
Associations may be a good avenue to explore. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. Also take a look at Entrepreneur's online guide.
http://www.atbi.org/ -- Allied Trades of the Baking Industry
http://www.americanbakers.org/ -- American Bakers Association
http://www.aibonline.org/ -- American Institute of Baking
Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:
* How to Open a Financially Successful Bakery by Sharon Fullen, Douglas R. Brown
* The Baker's Trade: A Recipe for Creating the Successful Small Bakery by Zachary Y. Schat
* Baking for Profit: Starting a Small Bakery by George Bathie
* Specialty Shop Retailing: How to Run Your Own Store Revised by Carol L. Schroeder
There are plenty of free informational resources out there. Check out these articles:
http://www.ezinearticles.com/?The-Importance-Of-A-... – The Importance of a Bakery Business Plan by Shaunta Pleasant
http://www.ezinearticles.com/?Building-Retail-Busi... – Building Retail Business without Financial Muscle by James Little
http://ezinearticles.com/?Start-a-Small-Retail-Bus... – Start a Small Retail Business with Multiple Sales Channels by Jacob Wren
http://ezinearticles.com/?Retail-Selling-Strategie... – Retail Selling Strategies by Donny Lowy
Hope that helps! I wish you much success & happiness in all your ventures!
- 1 decade ago
After many years of consulting business owners, I found the secrets to having a successful, profitable business - start a business in an industry where you have experience and skills - which means - learn the "ropes" by making mistakes working for someone else before you risk your money trying to start a business. As you do this, get some business of your own and begin to get a "following". You will know when the time is right to open your own business. While this is all happening gain some business knowledge - wininbiz.com can help.
Source(s): www.wininbiz.com