Home Bakery

Home Bakery

If you like to bake and find you have more baked goods than your own family can use, perhaps a home bakery is the business for you. You’ll need to register your business in your local town and decide what to charge for your baked goods. You’ll also need to decide how you’re going to sell your goods.

Recipes

Develop some favorite one of a kind recipes for breads, cookies and muffins to keep your business unique and fun. You can be really creative and take a regular recipe and jazz it up with your own favorite additives.

Variety

While you’ll want to have a variety of goods to sell, you’ll find that you will earn more if you keep your inventory fairly low. Don’t make so many different kinds of breads that you get lost in what kinds there are. Keep it to four or five basics and perhaps a speciality bread once each week or month. Do the same with the cookies and muffins.

Pricing

Have you been to a bakery lately? If not, it’s time for a field trip. First, list out what you have to sell. Cookies, breads, muffins etc. List the flavors and take your list with you. Go to several bakeries. You’ll want a fairly good sampling of prices. Start at a regular grocery store and then find a regular bakery. Now, jot down each stores prices for your items on your list. Match them as closely as possible. Now go back home and figure out your prices. Take into account how much your ingredients cost and your time when figuring your prices.

Selling

Where are you going to sell your Businessproducts? Are you planning on a road side stand? How about a Farmers Market. Don’t forget small businesses and door to door. Local coffee shops love to have small businesses offer baked goods at reasonable prices. Get a feel for places to sell your goods and get to work. Consider local gift shops. County or Local Faires.

Business Cards

Get some business cards because once people taste your fresh baked goodies they will want more. You could take orders on a weekly or monthly basis or you could have them on a mailing list. You could also have a website and pre sell your goods online and then deliver them at a later date. However you do it, you’ll have a great booming business once everyone gets to taste your great goodies.

Advertising

Now that you’re in business, you’ll want to do a bit of advertising. Use your social networks to create a fan page. Call your local Chamber of Commerce and ask if they do any advertising. Put a small add in the local paper. Tell your friends. Tell your family. Spread the word and get the word out that you’re in business. The more people who know the faster the word will spread.

You’re home bakery will grow and grow as your friends, customers and family spread the word about your great goodies.

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Francine Stevens

Fran is our resident finance and stock market expert. She enjoys providing helpful tips and guidance to our readers. If you would like to discuss any pressing financial issues with Fran, you can contact her atfrancine[at]netmarketzine.com

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About Francine Stevens

Fran is our resident finance and stock market expert. She enjoys providing helpful tips and guidance to our readers. If you would like to discuss any pressing financial issues with Fran, you can contact her at francine[at]netmarketzine.com