Oct 14, · Depending upon the business plan and overall goals of the entrepreneur, a cake business can be structured several different ways. Many business owners service the entire community, while targeting a specific niche market, based on their baking strengths and public blogger.comted Reading Time: 8 mins Aug 30, · Create a Business Plan – If you have big dreams and hope to someday start a storefront where you will have lots of employees and be the next Cake Boss, then you will need to create a business plan. Look online for lots of ideas on how to create one. This will be necessary if you ever plan to get a business or bank loan. Notes on Recordkeeping – All too often, business plans will suffer from well-intended "bloat" spurred on by a desire to look like the plan "has it all together". The end result is a document that is far too long containing details that just weren't needed. The Cupcake Business Plan focuses on
How to Create a Home Bakery Business Plan (Template Included!)
It will be a dessert bakery business, where there custom cakes business plan be the focus on the quick-service and the exceptional dessert, however, the desert will be its main selling point and there is the vision of bringing a new bakery concept custom cakes business plan the people of the city. Custom cakes business plan will become a favorite spot for the natives of the Atlanta and tourists.
The business aims to facilities the people by giving them quality food as it would be a great place for the tourists. There will be the quality products and the business would focus on to provide the friendly and fair business environment to all the stakeholders Giang, The bakery business will focus on the potential customer, especially the tourists or visitors because there will be the desirable sweets for the customers.
There will be the development of the business strategies that will attract the customers Theriault, Honey treats will focus on the creative work environment by the workforce so that there could be the great concepts in the market. The company would like to focus on the employee education as there will be the recognition programs.
There will be the three full-time workers and the three directors, who will focus on the business resources and business operations Gale, Cengage Learning, In the company history the business could be mentioned as the new start up business, as it is the new sweet bakery, named as The Honey Treats which will open in Atlanta, GA, USA, this dessert bakery business focuses on the natives of the Atlanta and the tourists.
There will be the three directors, custom cakes business plan the first director will be Mr. John, the second director will be Mr. Robert and the third director will be Mr. However, the directors have some marketing and business experiences; they can do custom cakes business plan more basic market research in order to start up the good business. Following are the business goals of Honey Treats. For the ownership structure of the Honey Treats, there is the need to think about the significant practices, as there is need to focus how the direct and indirect impacts can affect the entrepreneurial business.
The business owners or the directors should decide that how much percentage of profit will be given to whom and how much percentage of ownership can be divided. The internal management of the bakery will focus on the various management categories, as the management needs to relate to the business processes.
However, the management of the bakery will have the responsibility that how to divide the profit or what is needed to pay the workers etc. Few of the management responsibilities in the business are given as follows. The bakery business need custom cakes business plan focus more on the employees because employees can help the business to grow, however, effective HRM principles need to be applied in the company, so that there could be the better support to the people working for the bakery.
Thus, custom cakes business plan, this department is under Mr. Robert, second director of the company, therefore there us the need to focus on the efficient practices. For the management of daily operation, there will be the people in the management of human resource, example, a chef will handle the team of chef and workers etc Kraten, The bakery needs to compete in the baking and restaurant industry, custom cakes business plan, as there is need to focus on the business trends that are in the industry because of people in Atlanta like bakery products, in order to compete with the other bakeries in the city there is the need to do the comparison of itself.
However, there are few bakeries in Atlanta that are giving home-based and exceptional product according to the choice of the customers, therefore, the honey treats need to focus on the lifestyle of the American people. However, there are different types of competitors of the Honey Treats in the market, three competitors in the market are:. The strength of Honey Treats would be the innovation, as custom cakes business plan will be the selection of the innovative staff, which can make the best bakery product.
The bakery is going to serve freshly baked home based quality food so it can be the strength of the company. The weakness of the bakery could be the perceived lack of demand because there are maximum competitors in the market. The location could be also the weakness because at starting of business the business cannot buy expensive locations in downtown of Atlanta.
However, Honey Treats have various of opportunities in the market, example, the company could focus on the online retailing as it is the business plans to focus on the online relating in order to get maximum benefits from the consumers. The business is also encouraging the catering for international taste because the major focus of the business is to make the international customer and customers who are the tourists. There are various threats to the Honey Treats, as the competition is the major threat because the start up business cost is not too much, so everyone can give home baked fresh products, other bakeries could also provide customers with online and free delivery services etc.
There are the high that of substitute products, because there are various bakery items that can be used to replace one product, however the bakery in this way, custom cakes business plan, need to compete with the competitors so that there could be the benefits, bakery need to retain the clients by providing them with the higher quality of the products.
The buyer of the bakery has high bargaining power because there is hotel chain and convenience stores in the market, the customers in this way need to be given the quality and importance according to their favorable choices.
There is less bargaining power of the suppliers because the raw material is very basic for the bakery items, the bakery has the alternatives supplier in order to get the products, therefore, there are multiple suppliers in the market and bakery could maintain the adequate supply.
The bakery has extremely high competitive demand in the market; there are many other small bakeries in Atlanta. The marketing plan for the bakery is its marketing and advertising efforts for the first year. The aim of the company is to provide a unique dining experience as a superlative sweets shop. In marketing strategy custom cakes business plan will reach to potential customers through newspapers, fliers, social media ads, and weekend promotions, custom cakes business plan.
Rest marketing plan will be made according to the location and nearby areas. The target customers of the bakery are students, professional, and people of all ages because bakery items are widely used by all every age bracket Aileron, The bakery will serve all bakery items such as cakes, sandwiches, cookies, sweets, bread, pizza and all other gourmet items.
The Honey Treats bakery will be a medium size business. The business is located in Atlanta, USA and the bakery will hire 12 workers including chef, helper, cashier, and waiters. Roles and responsibilities of all persons will be described in their Job Descriptions so they will perform required work.
The bakery will use the honey theme in its location and ambiance of the bakery will be chosen according to name and logo of the business. Some animation characters will also be used to attract children, custom cakes business plan. People will be allowed to celebrate birthdays in the bakery. All workers will wear a special uniform given by the bakery. The company will offer membership through membership card.
Those customers who will apply for membership card will get special benefits. Davis, The company will select pricing strategies according to its marketing plan and other processes. The most suitable pricing strategy for a new startup is cost-based pricing strategy.
According to this strategy, the retail cost of the bakery items will set according to the cost that will incur during the making of products. Atlanta, USA custom cakes business plan selected as the place of the bakery. The location is close to the market so customers will easily approach the bakery. The location is near to city, railway, and shopping malls and the areas have potential to attract many tourists.
Different promotional strategies will be used for promotion of the bakery. The Honey Treats will select cost-effective promotional strategies such as word of mouth, and newspaper ad, and ad on social media websites like FaceBook, Twitter, and LinkedIn.
The company will hire employees according to predetermined criteria. Necessary training will be provided to employees at the time of joining like communication skills, personality development, and presentation skills. The new business will focus on the people as; there is the need to train the people in a week so that the business can start up soon, custom cakes business plan.
For the Honey Treat dessert bakery business plan there is the need to train the staff, the staff should be prepared in order to keep the check on the maintenance and of a process by the staff Jinks, The business or bakery need to do its evaluation, as there will be the assessment of the operation after every 5 to 6 months, in order to keep check out the performance.
Business owners protect their finances and business with a wide range of insurance policies. It includes bakery insurance, employment insurance, health insurance, commercial vehicle insurance, and disability insurance, custom cakes business plan.
All kinds of business property can be saved by obtaining a right insurance service in the city. Business partners will select an insurance company in Atlanta after a careful search. The business premises specify the location of the business. The bakery will be opened in the United States and the exact location of the bakery is described below. The bakery will be opened in Atlanta, GA, USA. The rental building will be used for the bakery and rent will be paid after the end of every month.
All business licenses must be obtained before starting the bakery. Partners are required to follow all government custom cakes business plan and regulations in business operations. Obtain food custom cakes business plan from food authorities. The financing of the business includes investment that will be required for starting the business.
It gives an overview of custom cakes business plan cost that will occur in all business operations during the first year of the business. Initially, Mr. Further investment will be made after analyzing situation and growth of the business. The financial plan will also cover current interest rate, future interest rate, and other taxes. All business partners will invest their own capital so bank assistance will not be required in financial matters.
However, if financial help will become necessary then the director of the bakery will determine financial needs for the business, custom cakes business plan.
The director will decide the period of the bank assistance. There are different ways that can be used for bank assistance and some of those methods are discussed subsequent, custom cakes business plan. Partners have also assumed the cost on the basis of their experience.
We assume that economy will be stable and there will be no change in rules and regulations. Therefore, income and expenditures will remain same for the first month.
The increase in cost or inflation will be not taken into account. The standard tax rate of the USA will be applied and annual depreciation will be calculated according to default depreciation method.
Murray, All partners will distribute profit according to their capital and initial investment. Therefore, Mr. John will get a major portion of profit, while Mr. Robert and Mr. Bush will get profit as per their capital ratio. The net-profit margin will be
HOW TO WRITE A BUSINESS PLAN STEP BY STEP + TEMPLATE - 9 Key Elements
, time: 13:39How to Start a Cake Business | TRUiC
Oct 14, · Depending upon the business plan and overall goals of the entrepreneur, a cake business can be structured several different ways. Many business owners service the entire community, while targeting a specific niche market, based on their baking strengths and public blogger.comted Reading Time: 8 mins Some of the factors that motivate aspiring entrepreneurs to venture into the custom cake making business is the fact that you can start the business on a small scale from the comfort of your kitchen without purchasing heavy duty equipment. All you have to spend is on cake baking ingredients and relevant blogger.comted Reading Time: 10 mins Aug 30, · Create a Business Plan – If you have big dreams and hope to someday start a storefront where you will have lots of employees and be the next Cake Boss, then you will need to create a business plan. Look online for lots of ideas on how to create one. This will be necessary if you ever plan to get a business or bank loan. Notes on Recordkeeping –
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