In recent years, baking and cooking shows have been growing in popularity. In addition, to more and more people wanting to take part in them, more and more people decide to open their own bakery businesses. Opening a bakery is not difficult but it requires a lot of careful planning. A few questions that everyone needs to ask themselves before they begin the process of setting up a new business are:
- What will make my bakery unique?
- What products will I sell?
- Where will my bakery be located?
- What will the prices be?
- How will I fund the business?
- How will I attract customers?
- What equipment will I need?
Thinking of these things is essential when coming up with a concept for a bakery and developing a business plan, which should be the first step of opening a small business. Thinking of pricing is also very important. When you first start your cakes cannot be more expensive than those of the competition. At the same time, you have to make sure that you can sell enough cakes to be able to pay rent and energy bills. If you want to make your bakery stand out and beat the competition you could offer additional services like delivery, vegan menu, or small cultural events during which customers could enjoy your cakes and pastries while attending, for example, a gig at your premises.