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There's nothing more enticing than the smell of freshly baked bread and pastries!
Before starting your bakery you must survey the market, however. You will find that there are significant differences in preferences for breads and pastries. The age, income and ethnic background of your customers are very important considerations when deciding which breads to bake.
Apart from your market research considerations, you will need to pay careful attention to your premises and location.
A good location is vital to achieve high volume sales. Find a shop with good exposure, parking facilities and very heavy foot traffic. There are, however, other considerations to take into account when deciding on a location for your bakery. These include pest control, contamination and the fact that products must be sold very soon after manufacture. When planning a new bakery or altering an existing one, a suitable ingredient storage area must be available.
Equipment will also be a major factor. One obstacle for new business owners is finding the cash to buy the equipment needed to set-up the business. You may have a list of the equipment you need but not enough capital to cover the expense.
How to approach your equipment requirements is one of the many issues covered in this guide for those people in the start-up phase of a bakery/patisserie.
All this and much more is contained within the guide. It also investigates market potential, what to consider when choosing business premises and location, what equipment you will need, what to consider when it comes to costs and stock, how to effectively operate your business and the tax and legal issues you should be aware of.
Remember, not only is starting a business a major life-changing decision, it is also a major financial investment. As a result, you will need to make sure you are fully aware of the commitment you are about to make and what is involved.
This guide will help you to arm yourself with the appropriate information. Information that is accurate, up-to-date and applicable to your individual circumstances.
| High net profit before tax | $105,000.00 | | Average net profit before tax | $71,000.00 | | Average startup investment | $171,000.00 | | Minimum startup investment | $100,000.00 |
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