Uneak White's Personal Brand Exploration Presentation
Cake Decorating Business: 4 Ways How To Turn Your Dream Into Reality
1. Cake Decorating Business: 4 Ways How To Turn Your Dream Into Reality
A cake business can be an enjoyable and consistent source of income for someone who loves to
bake and decorate. There are also plenty of avenues to explore, if you decide to open one. Also,
there are four ways to start selling your baked goods and open your cake shop.
1. Franchising
This method is a good way to avoid
the difficulties of building a brand
of your cakes from the ground up.
Many people take to franchising
because the business is already
established and proven in terms of
profitability.
The policies and system are already
laid out for you to take over.
However, buying a franchise
requires a considerable amount of
money and experience in managing
one.
Furthermore, a franchise is not a guarantee to a successful cake business. The profitability of
your cake business will still depend on many internal and external factors.
2. Buying an existing cake business
Another way for you to get into a cake business is to buy
an existing one. This is a good idea if you have money to
pay for an upfront investment.
Furthermore, you should get ready to update or renovate
some areas in the business to reflect your brand of cakes
and service and this will require more investment in
terms of money and time.
An advantage though is that an existing cake shop
already has all the tools and equipment that you need and
offers established loyal customer base in the area where
it is in operation.
2. 3. Opening a new cake business
Launching a new cake business such as shop or
cupcakery with their own brand of colors and design
is what most cake decorator's dream of.
There are many advantages to running a business that
you built from the start; you know how to estimate
expenses and are comfortable running usual tasks and
you are able to maintain a high level of creativity with
your own brand of cakes and baked goods.
However, opening a cake shop requires a big
investment because you will have to buy a shop or
rent, pay for utilities and employees salary and most
importantly, invest in expensive equipment and
building your store from scratch.
Furthermore, like in the two previous types of cake
business, you have to work a strict schedule and keep
an inventory of baked goods for display.
4. Having a home based cake business
A home based cake business meanwhile allows you to bake at your own time and determine how
many orders you would like to take. Also, you only have to take photos of your creations, if you
do not own a cake display and make an online or a print catalog.
You could also offer cake decorating videos and classes online in addition to your baked goods.
It won't require you to come up with a substantial initial investment to be able to operate and sell
your products.
You also won't need to rent nor hire many employees,
since you will certainly be able to run your kitchen
comfortably on your own.
You will have less overhead costs than compared to
working in a commercial location and will potentially
allow you to take advantage of some tax benefits that
apply to your home cake shop. All these factors will help
you to be more profitable.
There are more benefits than you know to running your
cake business at home. Aside from earning at your own
pace and time and doing what you love best, you will
3. avoid long hours of commute and be closer to your family, which you simply cannot accomplish
with managing a business away from home.
Jessie B. Werner is a cake enthusiast who loves to decorate cakes and make desserts. On her
blog CakeDecoratingVideoTutorials.com you can read more about how to start your own
home based cake business and watch cake decorating videos to learn necessary skills to make
your dream come true.
The article was first published at Ezinearticles: http://EzineArticles.com/7801307 Some images
are courtesy of FreeDigitalPhotos.net