Another important factor involves the bakery's marketing budget. While a bakery may sound self-explanatory, use this section to outline the finer details of your business plan. Become familiar with codes and regulations. In addition to making a website, you should also make a Facebook page for your bakery business.
The plan is a road map for your business that helps you identify the key areas that require the most focus. Which things make them happy? Will you offer rental services for cake stands etc.?
Will you offer on-site catering or set-ups? But if you frequently replace your menu items with new ones, you could lose your customers.
The plan can be presented to investors for potential financing, if you want to expand your bakery business into new markets. Price your baked goods Most bakers base their retail price points on the cost of supplies and the time it takes to make the goods, but Green says this formula is flawed.
Are your cakes and desserts for special events? If so, will you be eventually hiring more employees?