Nothing smells (or tastes!) quite as
delicious as a freshly baked loaf of bread straight from the oven. So it’s
hardly surprising that bakery businesses flourish no matter what the economic
conditions – bad times or good, people still need their daily bread.
But running a successful bakery
requires more than just good bread-making skills. As a business owner, you also
need to have the necessary skills to establish and maintain a business, so
let’s look at the most important points you will need to start a thriving and
popular bread bakery business.
1. Qualifications. You need to have the appropriate
bakery qualifications. While you may be a whizz at creating a gorgeous sourdough
in your home bread maker, those skills won’t get you far in a commercial
bakery. Quality bakery courses not only teach you how to make mouth watering
breads and pastries, they also teach fundamental business skills to equip you
for the real world.
2. SWOT. Whether you are going to start a
bakery business from scratch, purchase an existing business or buy a franchise,
you’ll need to do a SWOT — Strengths, Weaknesses, Opportunities and Threats –
Analysis. You may need to discuss the legal aspects with a solicitor as well as
consult an accountant who will help you formulate strategic plans and forward
projections to assess estimated current and future costs and profits.
3. Location: Running a thriving bakery business
requires a steady stream of regular customers. Look for newly established or
newly developed suburbs, high traffic locations, and little competition. Also
look at areas that may not be well serviced, like industrial estates or high
density office blocks where you can draw eager customers.
4. Cash flow. Most business advisers will tell you
that you need enough available cash funds to support your enterprise for at
least 3 months. Set up costs for a bakery can be considerable, particularly if
you are starting from scratch, so you need to factor leasing costs for
equipment, shop rental, staff wages and food preparation costs into your
budget. Know how much it is going to cost you on a weekly basis for the first 3
months and ensure you have sufficient liquid funds to cover all outgoings.
5. Equipment. The quality and size of the
equipment for buy or lease will be determined by how big your bakery is going
to be, how many customers you have forecast on a daily basis and, of course,
the amount you have to spend. Don’t over-capitalise on equipment at the outset
if you can’t afford it. Look for good quality, pre-owned equipment or a
satisfactory leasing agreement for the time being until you are well
established.
6. Pricing. Your pricing depends on a number of
factors, so it makes good sense to consult a business adviser or accountant to
help you at the outset. Your prices need to be set at a rate that provides you
with an acceptable margin but not so expensive that you drive customers away.
The prices will also be determined by the quality of your produce.
7. Products. The quality of your bakery goods
can make or break your business. A bakery business relies on a high turnover to
make a profit, so it’s important you research your market demographic to assess
what type of bakery goods are likely to sell well. For example, are you located
near schools? Factories? Retailers? The type of customers you expect to service
will help you determine the type of products you bake.
8. Marketing. A clever and responsive marketing
campaign can get your bakery business up and running in no time. You can start
advertising before you’ve even opened the doors with a letter-box drop or
pamphlets delivered in local neighborhoods. When you initially open for
business, use special offer coupons or provide samples of your breads and
pastries to encourage higher sales and plenty of returning customers.
If you really want to start this business, we have all
that you need to kick start at any capacity. All the information you need to
start this business and be successful in it have been carefully packaged in a
material.
In this material you are going to see practical
experiences on how to:
1. Start
the business in any scale of your choice. i.e Small, Meduim or Large scale.
2. How to Prepare a good business plan.
3. How
to source for production materials, Machines, etc
4. How
to market your product.
5. How
to plan for growth.
6. The
details of the topics treated above is in the material.
It is a
comprehensive guide (e-book) that will set you miles ahead of others in
the sector.
Book
Guide promo Price limited copies: Collect it now at N12,000 and
If you are among the first Five who intends to start Bread Bakery Business, by purchasing this rich Guide, then
here are the extra free benefits you will enjoy:
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Note:If you don't order now the price will fall back to its original
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Payment Details:
Account Name:John Chukwuemeka
Bank:GTBank
Account Number: 0043377193
Send your payment details to:
kingchucks247@gmail.com
Call: 08032783486
The material will be sent to you within 2 hrs from time of payment confirmation.
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