cake business plan sample

With the rate at which people are becoming health conscious, custom cake makers have experimented with natural ingredients in response to rising health consciousness. The sales projections are based on information gathered on the field and some assumptions that are peculiar to startups in the United States of America. In other words, by building a cake brand known for excellence, bigger opportunities will unfold to us.eval(ez_write_tag([[300,250],'startupback_com-large-mobile-banner-1','ezslot_7',151,'0','0'])); A threat we face is an over-saturation of cake makers. Your business plan doesn’t need to be dictionary-size, a 2-3 page of how you wish to operate the business would do. For a business to be successful, you need a good strategic location, an area that attracts pedestrians and should be easily located by your client. Here are some of our unique custom cakes products; As part of our plan to build a top flight custom cake making business in Medford – Oregon, we have perfected plans to get it right from the onset which is why we are going the extra mile to ensure that we hire competent employees. We also understand that people have differences in perception of what constitutes an excellent product and what doesn’t. Custom cake is part of the Frozen Cake and Pastry manufacturing industry and players in this industry manufacture an array of cakes, frozen sweet bakery products, including soft cakes, cheesecakes, doughnuts, pies and cookies et al. This is a growth strategy we will adopt. Generating Startup Capital for Sandra Langton™ Custom Cakes, Inc. Sandra Langton™ Custom Cakes, Inc. is a private business that is owned and financed by Ms. Sandra Langton. CAKE BUSINESS - WHY RECORD KEEPING IS THE KEY TO YOUR SUCCESS. If you want to launch a bakery business, such as a cupcake business and a cake shop, you need to formulate a business plan … We will incorporate the most effective forms of marketing that fit our needs. We will be moving out of our current location within a year of starting a business. Everyone who resides in our target location, Frozen baked goods (except bread and bread-type rolls), Introduce our custom cake brand by sending introductory letters to residents, merchants and other stakeholders both in Medford and in other cities in Oregon, Open our custom cake business with a party so as to capture the attention of residents who are our first targets, Engage in roadshows in targeted communities from time to time to sell our products, Advertise our products in community based newspapers, local TV and radio stations, List our business and products on yellow pages ads (local directories), Leverage on the internet to promote our custom cake brands, Place adverts on both print (community based newspapers and magazines) and electronic media platforms, Leverage on the internet and social media platforms like; Instagram, Facebook, twitter, et al to promote our brand, Install our billboards on strategic locations all around major cities in the State of Oregon, Engage in roadshows from time to time in targeted communities, Distribute our fliers and handbills in target areas. Factors like the location you intend starting the business, the size of custom cake business you want to start i.e. This will enable you properly locate the business in a community or city with the right demography and then hit the ground running. This cake business plan sample has attempted to get straight to the point by focusing on some of the most overlooked areas of a plan. In reality, your plan is your roadmap towards arriving at your destination. Do you know that this type of bakery business does not require much startup capital, resources, and tools? We also took it further by analyzing and drafting a sample custom cake making marketing plan template backed up by actionable guerrilla marketing ideas for custom cake making companies. Below is the business structure that we will build Sandra Langton™ Custom Cakes, Inc.  on; Chief Baker / Chief Executive Officer – CEO (Owner): Due to our drive for excellence, we were able to engage some of the finest business consultants in Medford – Oregon to look through our business concept and together we were able to examine the prospect of the business and to access ourselves to be sure we have what it takes to run a standard custom cake making business that can compete favorably in the industry. Experts project that the industry will grow at a 0.8 percent annual rate between 2013 and 2018. Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) –, Generate part of the startup capital from personal savings and sell of stocks, Source for soft loans from family members and friends. There are lots of innovations in cake making and designs. It is a major sector of the economy of the united states of America and they generate over billion annually from more than 228 registered and licensed frozen cake and pastry manufacturing companies scattered all around the United States of America. Home » Business ideas » Food Industry » Cake Shop ». Beyond every reasonable doubt, a custom cake making business is indeed a profitable business because you can operate the business with your family members from your kitchen thereby cutting operational cost to the barest minimum. We also consider clients having health challenges. Our company’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner. A recent report published by IBISWorld shows that the Frozen Cake and Pastry Manufacturing industry experienced challenging operating conditions over the past five years. There is hardly any customer that will taste our cakes who would not want to come back and make more purchase. Get this complete sample business plan as a free text document. Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results and developing incentives. leading the development and implementation of the overall organization’s strategy. So, if you’re looking at starting a bakery business or simply looking for a cake shop business plan, this guide will give you all the ideas you need to write a complete business plan … Ensure that all our staff members wear our customized clothes, and all our official cars and distribution vans are customized and well branded. We have a state of the art bakery facility that has positioned us to meet the demand of custom cakes even if the demand tripled over night or if we have a massive order to meet and an emergency need. In other words, it helps you reach your goals much easier. This is due to a concentration of catering, rental, and events planning businesses. CREATE A SIMPLE BUSINESS PLAN FOR YOUR CAKE BUSINESS. It can help give you a starting point when developing your own plan as you go through the rest of this article. But nevertheless, we have plans to launch out with a big bang. So also the wide varieties of cakes et al that we produce, our large robust distribution network and of course our excellent customer service culture will definitely count as a strong strength for the business. Client satisfaction is of the utmost importance to our existence. Pretty Little Cakes Bakery is a start-up bakery … ), having the research and foresight that an effective plan provides can be invaluable. Marketing is important to how much success we achieve. You need to ensure your kitchen is well stocked up with equipment and with all the baking and decorating tools. While a business plan is far from everything (a plan is only as good as its execution! External factors such as Per capita disposable income and healthy eating index would impact industry performance and trend. When it comes to starting a custom cake business, loads of factors influence the amount that will be required to successful launch the business. Don't bother with copy and paste. A good thing is this seeming threat seems a long way off. A business plan helps to define your business, set goals, find … Do you need help starting a cake shop? It will take a longer period to get to our ideal levels where we will be considered for major cake making contracts. We hired experts who have good understanding of the industry to help us develop marketing strategies that will help us achieve our business goal of winning a larger percentage of the available market in Medford. These are the areas we intend generating our startup capital; N.B: We have been able to generate about $20,000 (Personal savings $15,000 and soft loan from family members $5,000) and we are at the final stages of obtaining a loan facility of $80,000 from our bank. But until now , getting a business plan … The Cost for supply of flour and other baking ingredients for a month – $1,000. The 1,500 square foot café will be located in the newly constructed Market Square Plaza located on the northeast corner of 135th Street and Mission Street. This might look too tall a dream but we are optimistic that this will surely come to pass because we have done our research and feasibility studies and we are confident that Medford is the right place to launch this type of business. Adults and children all consume cakes; the demography is all encompassing which is why you can find custom cakes been served in wedding receptions, birthday parties, children’s parties, school graduation parties, baby showers, and a whole lot of events. There is hardly any busy community or even street that you won’t find one or more people retailing cakes. We hold the philosophy that the client is king. Your business plan can look as polished and professional as this sample plan… This will make your work easier, faster and finer with little or no stress, there should be ventilation and enough space for the equipment, ensure you keep a good diary system, set up a bookkeeping system on paper or software, and also a general admin/filling system for invoices and client record. Okay, so we have considered all the requirements for starting a custom cake making business. She does not intend to welcome any external business partners which is why she has decided to restrict the sourcing of the startup capital to 3 major sources. Hence we will not hesitate to adopt successful strategies from our competitors. All of these are factored into the products we offer. Our plan is to position our custom cake making business to become the leading brand in the whole of Medford – Oregon, and also to be amongst the top 2 custom cake brand in the whole of Oregon within the first 5 years of starting our business. Although being able to develop strategic changes to those plan is a skill a business … Our business goal is to become the number one choice in all the communities where we intend retailing our custom cakes. In view of that, our prices will conform to what is obtainable in the industry but will ensure that within the first 3 to 6 months, our custom cakes are sold a little bit below the average prices. Don’t think because you may be starting small and the cake business does not involve too many resources so you won’t be needing a business plan. Sales, Cake … Through this sample, we guide you through the process of creating a good plan for your cake business. It seems like one of those things you simply have to have if you want to be taken serious in your business… How Many RVs Can You Fit On an Acre of Land? It is not good to give excuses to your customers that you are short of ingredients for cake baking. That is why it is important to network and enter into strategic business alliance with event managers and wedding planners. Another threat that we are likely going to face is unfavorable government policies and economic downturn. To attract more customers to your cake business, … This will require us to hire a new outlet eventually.eval(ez_write_tag([[300,250],'startupback_com-leader-1','ezslot_9',149,'0','0'])); Mabel Cakes will bake all types of cakes for a variety of functions. Below is a sample custom cake making business plan template that can help you to successfully write your own with little or no difficulty. Our bank account numbers will be made available on our website and promotional materials. One thing about custom cake making is that it is your creativity that can stand you out from your competitors. It expects to catch the interest of a regular loyal customer base with its broad variety of bakery and pastry products. THE GUARANTEE OF Sample Business Plan For A Cake Business PRODUCTS’ UNIQUENESS. And now it’s time for the BEST part – your baked goods & … Business plan is yet another very important business document that you should not take for granted when launching your own business. The payment policy adopted by Sandra Langton™ Custom Cakes, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America. Whether it be an anniversary, wedding, remembrance, prom, graduation, or birthday ceremonies, we have our customers covered. We have even gone the extra mile by building strategic partnerships with these businesses to promote our services. Our in-house bakery and delivery network will be customized to fit into the kind of ideas we have of how a standard custom cake making business should look like. We are extremely creative which is why we will come up with cakes in different designs, themes, flavors and packaging just to appeal to our target market. Ensure you create a menu on your website that includes all categories of cakes and your pricing, include email address and phone number, live instruction for placing orders at the bottom.eval(ez_write_tag([[300,250],'startupback_com-box-4','ezslot_5',146,'0','0'])); You also will need a business card and fliers for your cake business. As your cake business grows, you may need to hire an additional hand to help in either baking of the cake or decoration of the cake. We have set out definite steps to be taken that will eventually lead to an expansion. We will bake and retail custom cakes made in different designs, themes, different flavors and different packaging just to appeal to our target market. Executive Summary . Sustainability and Expansion Strategy, business plan template that can help you to successfully write, Encourage the use of Word of mouth marketing, How to Work from Home Assembling Pens for Companies. Manages external research and coordinate all the internal sources of information to retain the organizations’ best customers and attract new ones, Models demographic information and analyze the volumes of transactional data generated by customer purchases, Recognizes, prioritizes, and reaches out to new partners, and business opportunities et al, Responsible for supervising implementation, advocate for the customer’s needs, and communicate with customers, Develops, executes and evaluates new plans for expanding sales, Documents all customer contact and information, Represents the company in strategic meetings, Helps to increase sales and growth for the company, Responsible for preparing different flavor and style of custom cakes, and other bakery products, Responsible for carrying out all casual or unskilled jobs in the bakery, Responsible for operating sealing and packaging machines, Handles any other duty as assigned by the bakery manager, Responsible for preparing financial reports, budgets, and financial statements for the organization, Provides managements with financial analyses, development budgets, and accounting reports. the number of outlets / shops et al, and of course the state of the economy as at when you intend start the business. All you have to spend is on cake baking ingredients and relevant supplies. Within 2 years, we will be applying for a loan of$850,000.00 for the expansion of our services. Starting a cake business is not cheap but u can start small, you need to have resources to start and stay in business, building a successful business is a lot like building a beautiful cake, you need to consider how much you will be able to make a profit in a week so that u can cover up expenses otherwise you will run ragged in no time with little or nothing to show for it.eval(ez_write_tag([[300,250],'startupback_com-large-leaderboard-2','ezslot_8',148,'0','0'])); But if you have, and fall under this category, this cake business plan sample may be what you have been waiting for. Responsible for fixing prices and signing business deals, Accountable for providing direction for the business, Responsible for signing checks and documents on behalf of the company, Evaluates the success of the organization, Responsible for overseeing the smooth running of the bakery, Part of the team that determines the quantity and design of custom cakes that are to be produced daily, Makes lists and budget for bakery supplies, Makes sure that quality in maintained at all times, Maps out strategy that will lead to efficiency amongst workers in the bakery, Responsible for training, evaluation and assessment of the workforce, Ensures that the steady flow of both raw materials (flour, sugar, and other packaging materials et al) to the bakery and easy flow of finished products (custom cakes) to the market. equipment to get your cake business started, Online Bakery Business Plan Sample Template. No business became successful without a business plan whether big or small. Responsible for financial forecasting and risks analysis. The cake business entails baking and selling varieties of cakes for different occasions. She has a robust experience in the food and confectionaries industry in the United States having worked for some of the leading brands in the industry prior to starting her own custom cake making business. To attract more customers to your cake business, you need to create a colorful website containing cake design pictures with prices for your cake business. In such a situation, there will be more supply than demand which will affect profitability. The industry is responsible for the employment of about 21,719 people. So also if you are able to secure a strategic high traffic location to open a shop, you can be rest assured to rake in good returns from your custom cake business. The business also offers cake … Before then we intend to build a reputable brand through the provision of excellent products. One of our major goals of starting Sandra Langton™ Custom Cakes, Inc. is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running. If you’re looking to develop a more modern business plan, we recommend you try LivePlan. Be ready to give them some cash for any referrer though. Our strongest selling point at Sandra Langton™ Custom Cakes, Inc. is the unique taste of the different flavors of cakes we sell. Rent a store that is spacious because you need a lot of space to bake and also decorate baby shower cake, cupcakes for friends and family, weddings, birthdays, etc. As a custom cake making business, we know that gaining a competitive edge requires a detailed analysis of the demographics of the surrounding area and the nature of existing competitors. And hardly is any of these events and celebrations complete without the cutting of a cake. Solomon O’chucks is a Researcher, Prolific Writer and a UNICEF trained & Certified Facilitator and Counselor, A Graduate of Morris Cerullor School of Ministry and He Holds a Degree in Personal Development & Science of Success from IIGL Asheville, NC, USA. In the nearest future, we will ensure that we create a wide range of distribution channels via franchising. If YES, here is a complete sample custom cake making business plan template & feasibility report you can use for FREE. The anchor tenant, the Price Chopper grocery store, has already taken occupancy and the excellent location brings more than 10,000 shoppers weekly.

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