subject: Starting a Bakery Business [print this page] Before starting with a bakery business, it is a must to create a business plan which will help in running the bakery business in an efficient and cost effective manner.
The business plan of a bakery should begin with how the owner proposes to manage the day to day operations of the bakery which includes interacting with the customers, dealing with the suppliers of stock material, management of financial records etc.
The next part of the business plan should consist of all the equipments and tools required to run a bakery along with handling of their daily operations and their maintenance which also includes all kinds of preventive maintenance as well.
The most important part of the business plan for the bakery is the financial aspect of it. The finances can be managed by the individual alone or a loan can be taken from the bank. Usually the loan officer asks for a cost effective and efficient business plan which shows the estimated growth of the investment made by the bank.
Also the business plan should include the location of the bakery. Usually people prefer to set up bakeries in the premises of their houses itself as they start the business in order to reduce the starting the costs. Buildings or shops can also be rented or leased or else if the owner has capital, he or she can also opt to buy a building.
Before starting the business, it is highly recommended to do a complete and thorough research about the bakery business.
Starting a Bakery Business
By: James Sutherland
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