Business plan on bread making

Share 22 Shares Bread is the third most popular food staple in most parts of the world. It is widely consumed across the continents by almost all citizens, ethnics and religions groups.

Business plan on bread making

But running a successful bakery requires more than just good bread-making skills. You need to have the appropriate bakery qualifications.

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.

business plan on bread making

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. Running a thriving bakery business requires a steady stream of regular customers.

business plan on bread making

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.

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. 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.

Look for good quality, pre-owned equipment or a satisfactory leasing agreement for the time being until you are well established. 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.

The quality of your bakery goods can make or break your business.

Bakery Business Plan Sample | Legal Templates

For example, are you located near schools? The type of customers you expect to service will help you determine the type of products you bake.

A clever and responsive marketing campaign can get your bakery business up and running in no time. 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.You will also need to work with an attorney, especially if you are using the business plan to seek investors or to get a line of credit.

e. Write your marketing plan.

Bread Bakery Business Plan | Pro Business Plans

The marketing plan section of your business plan will detail what you will do to attract customers to your bakery. Your business plan should consider the prevailing market price for the type of bread you want to produce and how much competition there is.

You also need to estimate the profit you’re likely to make in the first, second and third years. Your business plan should consider the prevailing market price for the type of bread you want to produce and how much competition there is.

You also need to estimate the profit you’re likely to make in the first, second and third years. 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.

Oct 25,  · To write a business plan for a small business, start by writing an executive summary that briefly outlines your business. Follow that with a company description that explains your business in 88%().

The only thing better than the smell of freshly baked bread or sweets is the smell of success. Your business plan can be the key to making your business thrive. Look at a few of these sample business plans for bakeries for guidance.

How To Start A Bread Bakery Business In Nigeria | Wealth Result