How to Create a Sweet Business with your Bakery

 
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             Creating a Sweet Business with your …

Bakery

 

 

Provide the Right Atmosphere in your Bakery

Determine what demographic you are catering to:

 

  • If you are in a location with older generation groups then you want to place emphasis on having several tables with very friendly customer service. Also think about design and sounds. For this group you would perhaps to keep a dimlit place with soft music. Retirees will want to come in and stay for some time to read the newspaper, a book or just enjoy their mornings.

 

  • Now if you are working in a busy area then you want to aim your shop to be more of a stop-and-go kind of place. Customers can stop by to grab a pastry and coffee and leave to continue on with their day. With this atmosphere, you can keep the lighting bright and use light colors in your shop. Music and extra decor is not as important because these customers are coming for the product not the experience.

 

  • Another option is being by a younger, perhaps college, crowd.  Here you would want to create a relaxing and comfortable atmosphere. People can come in to use the venue as a studying place, or friends will come to hang out or you may even find couples on casual dates. This will require a relaxing setting, wifi and you may want to add some couches or booths.

 

Whichever atmosphere you create, just remember to adjust it to the primary customers that you are serving. The atmosphere is mainly determined from the location of your bakery or shop.

 

 

Keeping your Business on Track

 

A bakery requires several key elements that will help run smooth operations;

 

  • inventory control

  • adaptability

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  • employee management

  • sales reports

 

Acquire a POS software to handle all of these responsibilities for your bakery.  Save costs on efficiently using your inventory and knowing when to re-order. Introduce a new item or create a custom order through your point of sale system whenever you need to. Have employees clock in and out to easily track their times and pays. Lastly, analyze your financial reports to improve your business. You can see what items are doing well, at what time are you making the most sales at and what needs change.

 

 

How to start a bakery

The 10 important steps to starting a bakery

Here are the First 5! Stay tuned to get the complete set of steps!

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1.  Every business needs a plan in order to have your goals and methods to reach those goals laid out. Your Business plan is also important in order to gain interest for potential lenders and investors. A business plan should include the following:

  • Expected Expenses
  • Potential Income
  • Marketing Plan
  • Products and Services
  • Long Term Goals

2. Financial Evaluation is an important as it influences where you get your funding from. For those who don’t have the start up capital already lined up you will need to have good credit. With good credit you can finance a business in a number of ways such as small business loan and credit card. You can also apply for grants including local and federal government grants. A large majority of small businesses are funded by networks that are already in place such as family and friends. Any way you can swing it you will need some start up capital for costs such as putting cash down for the store lease.

3. You want to go into your business venture well prepared, so be sure to research as much as possible. From your local community to competitors to case studies and market trends. You want to remain in the know at all time when running a business. so research is very important, not just in the beginning but throughout the life of your company, which if you research and do it right can be a very long time.

4. Deciding what type of bakery you want to open would be the next step. You may go in with one idea, but after doing all the research you original vision may change. You may want to specialize in a specific item such as cakes or the recently popularized cupcakes, or special breads. You could also offer a wide variety of baked goods depending on your size of operation. This decision also weighs on what you are good at, for example if you have a cake decorating niche then maybe your shop should open a high end cake shop.

5. Once you decide this you can focus on location. Location is important, if you can get a location with visibility and foot traffic, this can save a lot in marketing expenses. When it comes to leasing or purchasing you will want the service of a real estate lawyer and a commercial real estate broker. Have the local health department run a pre-inspection before remodeling or installing a kitchen. Be sure to find out what all the rules and regulation are in your city and state. Some may require permits, so again research is necessary so you can plan accordingly.