April 25, at The funding would be used to expand the distribution network and continue brand development in key markets. April 25, at 3:
However, running a business is a little more complicated than simply baking, and you'll need to implement good market research, innovative marketing and a proper business plan, as well as ensure legal compliance, to be successful. Find Your Niche When it comes to baked goods, there are a variety of niches for cottage kitchen products — from farmers markets to grocery stores to restaurants and more.
It is important to pick one and focus on it to develop your target market, which then helps you refine your product and develop a marketing plan. You can always expand once you've established your product and build on its success. Licenses and Permits Contact your local zoning agency to determine if you are allowed to have a home-based baking business in a residential area.
Then check with your state to see which kinds of foods you can legally make in a home-based kitchen. For example, in Massachusetts, you are allowed to make non-potentially hazardous food such as baked goods, jams and jellies.
A non-PHF is one that does not support the growth of disease-causing bacteria. On the other hand, a potentially hazardous food, such as cream-filled pastries, cheesecakes and custards, is one that can support the growth of disease-causing bacteria. PHFs are strictly prohibited in a home-based kitchen bakery.
Your state might require an independent laboratory analysis to verify that your baked goods are non-PHF. A health inspection of your kitchen and the completion of courses in food handling might be required.
You also need to obtain a business license. Business Plan It is essential to write a business plan for your bakery business, as it helps you form your ideas into a concrete plan. You should have sections on your goals, financial plans and marketing strategy.
The goals should show where you plan to be in five years and the specific steps you plan on taking to get there. The financial section should include your startup costs and operating costs.
The marketing section should include how you will advertise your business. Small Business Administration provides templates and other assistance. Purchasing Equipment Alter your kitchen to fit health department regulations for operating a home bakery.
Generally, you can't mix your professional equipment with your personal things. Therefore, you might need to purchase additional equipment and supplies. You can purchase bakery equipment from online websites or local kitchen supply stores. Attractive Presentation Make sure to package your tasty baked goods in attractive, professional and sanitary packaging.
Using the proper packaging will both make your product stand out to your customers and properly protect the baked goods.
Market Your Business Consider introducing yourself at local farmers markets, giving away your business cards and providing samples at local sporting events. It is important that you engage within your community, as it will help you gain loyal customers.
The glowing recommendations and word of mouth of your satisfied customers is the best type of advertisement.Aug 22, · If everyone raves over your baked goods, turning your bakery skills into a home-based business might be the perfect merger of your joy of cooking and business opportunity.
Comment by TED MUNDA - May 12, at am. Start a vineyard/winery in Newberg/Dundee Oregon. I know your rules state that the business must break even in 60 days, profit in but these guys are making a killing! Encyclopedia of Business, 2nd ed.
Bread Bakery Business Plan Business Plan: Business Plans - Volume Comment by TED MUNDA - May 12, at am. Start a vineyard/winery in Newberg/Dundee Oregon. I know your rules state that the business must break even in 60 days, profit in but these guys are making a killing!
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This business plan is a tightly constructed, succinct consideration of all factors relevant to launching this bakery. From rent charges to competition and seasonal changes to costs per loaf, this plan hasn't left anything out all without being overly verbose.