Tuesday 25 October 2016

Bakery business:How to start



                            Image result for Bakery business 
Do you plan on turning your baking addiction into a profitable business? That’s great! But what kind? Have you planned it out yet?

Well, if you haven’t made up your mind about the kind of bakery service you want to provide, maybe this will help. There are generally four types of bakeries – counter service bakeries, specialty service bakeries, sit-down bakeries and online bakeries.

Learn more about them by reading the details below.

    Online Bakeries Bakers have found a way to provide baked goods at a lesser cost. They do away with having a storefront and just do business through the Internet. What they do is obtain the necessary licenses that one usually gets when putting up a bakery, then they create a website where they can post pictures of their products and add a shopping cart service onto the website.
    Counter Service Bakeries These are the traditional kind of bakeries wherein the staff would tend to their customers as they approach the counter. There the customers would choose the type of bread or baked goods they would like to purchase, people behind the counter wrap it up for them and then the customers pay. It’s the typical kind of bakery you see, and the great thing about it is that it provides quick service to customers.
    Specialty Service Bakeries Specialty service bakeries are those that specialize in certain types of baked goods. Usually, the products customers purchase from these types of bakeries are those that are pre-ordered. They describe to bakers what they want done, and the bakers would work on the project for a given number of days. Examples of such bakeries include wedding cake bakeries, personalized cakes and pastry chefs.
    Sit-Down Bakeries A lot of bakeries nowadays are trying to attract more customers and gain more profit by letting their customers dine inside the bakeries. They provide clean seating and waiting services, as well as menus with a selection of food their customers can choose from. These bakeries are like cafes, adding coffee beverages and other refreshments, only they still would mostly specialize in baked goods.

What Supplies Do I need?

To be able to open up your very own bakery, you will need to own all the essential supplies to help make your baked goods – hundreds or even thousands of baked goods. You probably know some of the stuff you need since you use all those at home, then again, you’re not just baking for your family and friends anymore.

Shelving – One of the most important things you’ll want to have in your bakery is shelving. You need storage spaces where you can keep all your ingredients, other supplies, plates and utensils, and other items that you would like to put away.

Baking Equipment – You, of course, need food prep and baking equipment. Among all those, the commercial mixer is of utmost importance, as well as your mixing accessories. Depending on your needs, you can choose between a stand or tabletop mixer. Next, you’ll need a machine that can help you crimp, fold, trim and seals dough. This is essential when making pastries and turnovers. You have to have slicers, as well, to help in preparing loaves and bagels.

Oven – Just as important is a commercial oven. Without it, baking would practically be non-existent. Make sure you know how many ovens you will need to get all your products done. Remember, you will be providing baked goods for a lot of people for a good number of hours.

Utensils – Not the usual spoon, fork and knife, but dough cutters, flour sifters, spatulas, etc. Different baked goods make use of different things during preparation, so if you were to add something in your menu, make sure you have the right supplies.

Pans – A variety of pans are also available for different applications – pies, cakes, springforms, loaves, you name it! They’re used for prep, moving and display.

Donut Fryer – Donuts are a popular treat, so why not add them to your list of products. To create these delicious treats, you need to get a good donut fryer. These will already include wire mesh donut screens with handles, as well as turner sticks.

Refrigerators – There are certain items that will need refrigerating, and yoy will also need to keep all your ingredients fresh. And to make things much easier for you and your employees, I recommend reach-in freezers or refrigerators.

Display cases – Presentation is key to attracting customers, so you’ll need the help of display cases so you can lay out all your baked goods for people to see. They come in different shapes and sizes, as well as self-service or attendant served orientations.

Click here for a list of bakery equipment needed.
Taking your bakery online

Many of us dream of starting a bakery, but for some of us it’s just too expensive. It’s a big financial risk, so is any type of business venture. But thanks to the Internet, bakers have the chance to live out their dream. They can do business online and eventually earn enough to later put up a storefront. However, an online baking business is more than just posting your products on a website and having drooling customers order. Here is what you ought to do.

    To form a corporation, partnership or limited liability company, you will need to have your business with the secretary of state’s office . To have sole proprietorship, you will have to approach the county clerk’s office and register your business there. You also need to obtain an Employer Identification Number (EIN) through the Internal Revenue Service, which will be needed on all your necessary documents.
    Before selling your baked goods online, you also have to contact the health department to be able to get a food manufacturer or distributor’s license. Depending on the state you reside in, there may be additional licenses needed, so you will have to visit your local health department and inquire about what other licenses you need to apply for.
    Food labels are also important. The best way to determine requirement labels is to check out the U.S. Food and Drug Administration (FDA) website and see how you should label your baked goods.
    Assuming you’ve picked out your bakery name and when all your licenses and other requirements have been completed, you can now register a domain name through domain registration websites like Whois.net to see what domain names are available. Then, look for a web hosting company (we always recommend Bluehost). It would be great if you find one that allows for unlimited web pages, file uploads and shopping carts.
    Now for the fun part – designing your website. Upload photos of your products and include a brief description, as well as the price. Provide customers with your contact information and instructions on how to order and pay for the baked goods they order. Also include a return policy, as well as a customer feedbacks section to help you see how well business is doing.
    Marketing is also an essential step to growing your business and establisher a bigger market, so make sure to have a good marketing strategy such as using different social media platforms to help promote your business.

Final Things to Consider When Starting a Bakery

It’s not easy taking on a new business venture, especially one that relies so much on the taste of the customers. For this reason, you will want to think carefully about the steps you will take in making it happen. So when starting a bakery, what does one have to consider?

To start with, how do you want to plunge into the food industry? There are a couple of options you can choose from – start your very own bakery, take over an existing bakery.

Once you’ve decided, it’s not time you think about what type of bakery you want to run and who you plan on marketing your products. Do you wish to put up a small stall, a counter service bakery, a sit-down type bakery pr do you want to first start online? Or maybe you would like to franchise.

Try to see if you will be able to generate cash flow. You ca do this by determining what type of baked products you will be selling and at what price, then make an estimate of all the income you ate likely to end up with after a year, VAT included.

Compiled from www.starting-a-bakery.com/

How to make money in a recession



                                 Image result for make money in a recession 
With the current state of the economy, it’s easy to get sucked into all the doom and gloom being reported in the media. News of the recession, redundancies, mass bankruptcies and so on can spread fear and despair around the country. Quite often people feel so depressed by this news that they don’t even bother to try to make money. However, for those who refuse to be hypnotised by media gloom there are always ways of coping and even doing well in these depressing times. We’re often asked by readers ‘How can I make money fast?’  Well, take a look at this article to discover four ways to make money in a recession.

    Sell your junk
    Buy bankrupt stock
    Rent out everything
    Undercut the market

There are some businesses that actually do better in a recession than usual. This is because people often have different needs during an economic downturn and anyone who notices these gaps in the market and fills them can make some cash.

There are plenty of long-term and lucrative opportunities to make money in this economic climate. Here are just a few of the ways you can do it:


In a downturn, secondhand and generally cheap goods tend to do very well. In fact, they often do better than they do when times were good. eBay and other auction sites such as eBid are still doing a roaring trade so now is an even better time to sell everything you don’t need or want.

Most of us have far more stuff than we need (or really want) so make it a regular exercise to go through cupboards, drawers, shelves and so on and see what you could possibly get rid of for ready cash.

Sell for others

If you are a major eBay enthusiast you could make money by selling other people’s things for them on the site. Many people would happily pay a percentage to someone who is willing to photograph their stuff, put it on the site, write a good description then send the things off for them. Charge about 30% of the sale price and you’ll make it worthwhile for yourself and the people you’re selling for.
Run a car boot sale

Continuing the second hand theme, good old car boot sales and the like also do well during economic hard times. More people try to car boot salemake money by selling at them and others are keen to buy there because they can get stuff cheaply. Obviously you could make some quick cash by selling your stuff at a local car boot sale, but you could make more regular money by setting up your own car boot sale.

Anyone can do it. You just have to find a space that you can rent (you could do a profit-share deal with the owners to start off with) and then do what it takes to advertise it. Quite often school playgrounds are used as car boot sale venues or car parks that are not used at the weekends, fields or even a simple patch of wasteland that’s not too hard to get to by car. Many town venues are already set up for sale but, if you hunt around, you could find a great spot that has not been nabbed yet.

Take a look at Car Boot Junction for information about local sales. If you set one of your own up you should add it to their list, as well as advertising it in the local press and through leafleting the neighbouring area.


2. Buying bankrupt stock

Many businesses go bankrupt during a downturn. It’s a tragedy for those who owned the businesses, but it can create an opportunity for you. The stock, furniture, machinery and equipment that these businesses had need to be sold and usually they need to be sold fast. That means they can go very cheaply and there are two ways you can profit from this. First, you could get friendly with local receivers and insolvency practitioners (you can find out about local ones through the organisation R3 which covers all bankruptcy professionals). You could be the one to bid directly for what is left of the business’ goods. It’s then up to you to sell them, either through auction or through direct contacts, to make a profit. Alternatively, you could attend the auctions of bankrupt stock and buy up the goods cheaply for your own use or for selling on at a profit.
There are auction houses all over the country that sell bankrupt stock. All you have to do is find your nearest one and get there quick! Charles Taylor in Manchester update their site every week with new information on forthcoming auctions, as do Frank G. Bowen and Walker Singleton. For other auction houses, such as Crossgar Auctions (near Belfast), you just have to pop along and see the stock for yourself.bankruptstock
If you don’t fancy the auction-room atmosphere, Centaur Auctions have set up an online auction house where you email your bids to them and they accept if they think it’s high enough. The waiting time on your purchase is dependent on whether they think they’ll get a better bid. If they think it’s high enough, they’ll usually email you back right away. Once you’ve made your purchase you then have to go to their stockrooms in London to check out your purchases. If you’re not happy with the product and don’t feel it matched the description in their site, you don’t have to buy it.
Bear in mind that because these auction houses deal with bankrupt stock from anywhere, they can have some bizarre products on sale, especially if they are dealing with stock from bankrupt factories. Eddisons in Leeds and Manchester, for example, often sell things that are somewhat out of the ordinary, like travelling overhead cranes, along with more useful stock, like sportswear. So you may have to sift through a lot of stuff before you find something you can sell.


3. Rent, rent, rent

rentWe all know that people are now more into renting than buying property, but there are also many other things that can, and should, be rented rather than bought when times are hard. This is another area where you can cash-in.

Driveways

For a start, do you have a driveway or garage you could rent out? There are a few websites now that will advertise your parking space to commuters. Parklet and Parkatmyhouse offer this service as we explain in our article on making money out of your driveway.

Spare rooms

It’s so obvious that we hesitate to say it again, but if you have a spare room then now is a good time to rent it out and make some tax-free money from it. Under the government’s Rent-a-Room scheme you can make up to £4,250 a year tax-free from renting out your spare room. If you can’t bear the idea of having someone else in your home 24/7, go for the short-term option of renting to foreign students. We have all the details here in our article on hosting students for cash.

Everything

Then there are other things you could rent out like your car, your power tools, your clothes, your accessories and even your toys. A few rental websites have sprung up recently that aim to match owners with potential renters – Zilok offer this service. It’s a new concept so you may find it slow to start, but put your items on and you’ll soon start making some money.
4. Undercut the Market

Everyone is looking for cheap ways to get things done. Of course, for most people price has always been an issue, but it’s even more critical now. If you can offer services locally at a much cheaper rate than proper businesses, you could get even more work than before. undrrFor example, find out how much window-cleaning companies in your area charge and offer your services for 20% less. Or if you’re at home looking after your children, register as a child-minder. Many families who used to employ nannies or a private nursery will be looking for cheaper options now and there should be more of a demand for childminding (see our article about childminding here).

If you’re a cleaner and you’re worried about being dropped because of cost cutting, offer extra services such as cooking and filling the freezer for your clients. If you have secretarial skills, offer your services to businesses around the world as a Virtual Assistant (we show you how to be a Virtual Assistant here). Learn bookkeeping as well and you will have many more work opportunities as you undercut the market.

Are you good with computers? Offer your services as a computer trouble-shooter at a knock-down rate in your local area. Whereas people used to simply throw away their computers when they went wrong, as times get harder they are starting to get things mended. computerfixComputer mending can be expensive, so if you can offer a cut-price service there you will be increasingly in demand.

Think about what people need to have done – or would like to have done – but don’t have the money to pay. Mending and repair services will be in greater demand, but people will be looking for the best price they can get. If you’re good at altering clothes, DIY or repairs to household goods, your services will be needed more and more if your price is right. Don’t think for a moment that an economic downturn needs to be bad news for you and your family. There are always opportunities if you look. In fact, for some, it can mean more business and a greater income, not less.

Written by Jasmine