While it doesn’t sound like much fun, the first thing you have to do is write a business plan. Do not worry — even though there are just five pages of your business plan, this is much, much better than zero. Simply write only a plan’s skeleton will force you to consider and describe certain important business matters. And if you really want to succeed, get out a pen and paper and be prepared to think seriously about the plan.check this link right here now
It is the competition that is the first thing to remember. Where big is the town you want your bakery to have in? Are the people in there the right customers to start the sort of bakery you want? Competition is next. How many other bakeries your town already has in business? Just because you don’t see any bakeries selling directly to clients doesn’t mean there are no bakeries — the best bakery work is typically selling to restaurants and hotels, so make sure you have a full list of every bakery company in your region. If the nearby towns have bakeries, mention them too.
Next you need to describe your context, to explain why you should be a successful owner of a bakery. Have you been to a cooking school? Did you work for a bakery or a food service business? What are your competences in customer service? Were you outgoing enough to work tirelessly to promote your business? Would you have the sort of perseverance to work for the first year or two on twelve hour days six days a week? Set your strengths and weaknesses down, and be honest. For example, just because you don’t have any accounting experience doesn’t mean you can’t start a bakery. So that does mean you might still benefit from an introductory class at the local community college, particularly though you intend to hire an accountant later on.
Think about what your bakery would look like after you have assessed yourself. Would you like to purchase an existing bakery (a good option if you’re fairly new to the bakery business), purchase a franchise or start your own bakery from scratch completely? What would be the perfect places for your new bakery, and how much rent do you have to pay to get it? So much food are you going to have to sell to pay the deposit, and all the other overheads, and at least a minimum wage to you?
First you need to know what it takes to make this legal — what kinds of business license you’ll need, tax identification numbers, and more. What kind of standards do you need to follow to pass an inspection of the food services? It can be a real doozy, so get some details, brace yourself and try talking to one of your town’s health inspectors. Take notes, be patient and don’t stress if you don’t know if any of their criteria will be met. You will work this out by speaking to other food service operators and doing your own research in the coming weeks. But, before you start buying display cabinets and fancy packaging, you should know what is needed.