Your first step is to determine the type of bakeshop that you want to operate. You also have the option to sell cakes, muffins, breads, donuts as well as other baked goodies. You can also choose to sell combinations of baked goods and specialty bakes. There are also some people that open bakeshop in order to sell cakes made for special occasions like birthday and weddings.
Next thing you need to do is to create a Baking Trays business plan. Decide on what is the appropriate name for your business. You should also decide if the business that you will create is a single proprietorship, partnership of a corporation. You need to have the legal requirements and register your business accordingly.
The third step is to decide on your location. The location of your business should be ample enough to accommodate the different equipment and tools that you will be using like baking ovens, baking trays, storage, chairs, counters, tables and storage. You should also consider the restrooms when planning the place. If you are planning to construct a place where people can sit and eat, you should include a public restroom. You should also check with local authorities for your requirements. Ask for the town health regulations in your area and make sure that your location will be able to pass the necessary inspection.
The next step that you need to do is to check on the costs the equipment that you will be using. Some of your tools may cost you several thousands of dollars. In this case, you need to shop around and compare the prices of different suppliers first before deciding what to buy. There are stalls that specialize in bakery parts, accessories as well as equipment. You can also look for materials, supplies and equipment on online shops.
Next thing that you will do is to get a financing from a bank. Inquire about loans that banks offer to small businesses. You need to cover purchase of appliances, equipment, furniture, appliances and lease of location, renovation, lease of location. You also have to keep in mind your start-up costs and six months’ worth of salaries of your employees. You also have to budget for utilities, insurance, and also other miscellaneous operating expenses.