Are you the go-to cake/cupcake person for every birthday? Do you make the best “only one more bite” desserts? If so, turning your talents, knowledge and will-to-succeed into a profitable business may be the next step on your path to success. A bakery is a very specific type of food establishment. This allows you to serve a unique market. The following 9 tips are a great place to start.
1- What kind of bakery would you like to open?
Some great things to consider when deciding which kind of bakery you wish to open is to assess your talents, budget and goals. Doing research on trends and local markets may also provide additional insights. Developing the new “it thing” may be daunting; however by creating a niche, you are helping to remove competitors. An example of this would be: There are 3 local cupcake shops that offer many varieties of different cupcakes. A niche market could be offering nut-free cupcakes, or gluten-free and vegan.