Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[Ben Kempton]

Bakeries are one of the best places where you could buy many different kinds of food items. You can buy cakes, pastries, biscuits, bread, milk, eggs, pizzas, and many other kinds of different items. There are many bakeries in my city. Some of them are exceptionally developed. Of course this requires you to invest a good amount of capital in case you want to maintain a really high standard. In the end, this kind of business is flourishing really well and it is very lucrative. So do you think that it is actually a great business?

 

[Sammydan]

Of course, bakery is one of the profitable business because of high demand for the product produce there. Bread, cake biscuits and other food produce in bakery are loved by many people. And as result, the producers of these products enjoy high patronise from the people.

 

[btaliat]

Baking covers a lot of areas, breads and snacks of different types are all baked.
And the cost of building such a business is very expensive as most of the equipment used are expensive....

People are really buying gas cooker with oven in my country. This will save family on spending much on confectionery items as most children always taking them to school. They have resulted into baking them at home.

 

[Emmanuel24]

Baked business has become a multi-milllion-pound business that is trending in every market. It's an attractive business that persuade people to buy confectionery. Thus it's really demanding in the market.

 

[rush08]

Baked business has become a multi-milllion-pound business that is trending in every market. It's an attractive business that persuade people to buy confectionery. Thus it's really demanding in the market.

Bakery business are much more lucrative business every family eats breads almost on daily basis either as breakfast. But lately the cost of production has increased leading in increase in price of bread...

 

[Emmanuel24]

Bakery business are much more lucrative business every family eats breads almost on daily basis either as breakfast. But lately the cost of production has increased leading in increase in price of bread...

Bread has become second food to rice here because it has capability of giving strength so people prefer to other foods that take time. Bread is already ready for whoever wants to eat at any moment.

 

[Wisdom01]

Yeah beckery business is really lucrative, if you know how to run the business. Any business that is fast consume by humans is a good business to invest. All you need to do is get a good space and a license you are good to go. You can start with local becking with wood, but as the business progress, you may replace it with electrical oven.

bakery's business is very lucrative , I think many are making money off it , there are some people that even have their own company , where they actually run different kind of bakery activities and they have people that are patronizing them too

 

[Ben Kempton]

They use what is called sacharrine in my country as well. Though some medical experts have concluded that the saccharine is not really dangerous for our health. Those local bakery do use to substitute for sugar because sugar is more expensive.

I think that it all depends on the bakery. If you buy bakery products from a reliable bakery, then you will not encounter such kind of problems. There are many reputable bakeries in my country. However, in order to gain trust of the people, you must work hard and try to manufacture hygienic products only.

 

[rush08]

There are several challenges that one could face when starting such a business. And one of them is having adequate funds as the business can be capital intensive. It all depends on the method you are using for your bakery.

 

[Wisdom01]

There are several challenges that one could face when starting such a business. And one of them is having adequate funds as the business can be capital intensive. It all depends on the method you are using for your bakery.

yeah there are really many challenges you might be facing in the process of running your business , so you need to note the challenges first , then find some certain ways and others ,you could actually make use of to resolve bthe challenges

 

[a_jerobon]

The bakery business is a very good one. Especially if you sell so much stuff like you have mentioned. They are convenient goods and luxury foods, so there is a good market for them. Investing high to set high standards makes the business really lucrative. But you can always start low and keep raising your standards.

 

[Layla80]

To be honest, people in my country don't longer est the locally made bread any longer. That's why it is hard for you to see locally made bakery. This is because the process of making the local breads always seem unhygienic. The modernized ones not only hygienic, it is always less stressful and can be homemade.

Good point made there. We've evoluted and if you want to do better in business, you have to adopt to modern strategies. Because now there are better, simple and less time consuming yet hygienic ways to do bakery and people will patronize it rather than the old fashion way.

 

[btaliat]

There are actually many reasons why bakery business is waxing stronger these days. The fact is that baking is now seem as a faster way of cooking. That's why most things we eat these days are either bake or toast if not roast.

 

[rush08]

Good point made there. We've evoluted and if you want to do better in business, you have to adopt to modern strategies. Because now there are better, simple and less time consuming yet hygienic ways to do bakery and people will patronize it rather than the old fashion way.

The world has really evolved and there are better and more hygienic ways to make bread . In these modern times there are gas oven and the cost of purchasing such is very expensive. So running a bakery is quite expensive..

 

[btaliat]

The world has really evolved and there are better and more hygienic ways to make bread . In these modern times there are gas oven and the cost of purchasing such is very expensive. So running a bakery is quite expensive..

But I think the baker are really making their money. People as well have seen bread as expensive item ever since there has been general increment in the price of flour. Those that really love it don't mind buying it at the expensive price.

 

[Kennysplash]

Consumables are the best business to engage in. The bakery business is a daily need wherever you might find yourself therefore it is a very good business to venture into. Study the surrounding, study the people and find ways to get the best out of the business.

 

[Sammydan]

bakery's business is very lucrative , I think many are making money off it , there are some people that even have their own company , where they actually run different kind of bakery activities and they have people that are patronizing them too

Yes, bakery business is very lucrative. And food produce that can be produce in bakery is not restricted to bread. People are using their creativity to produce more good foods from bakery these days. Hardly will day pass without an average man eating food produce in bakery.

 

[rush08]

First of all it is good to start with a business survey in a locality where the bakery is to be established.
Then you make a business plan for the bakery project.
After drafting a business plan you can start soliciting funds from friends and family.
You can also process a loan from any lending institution.
Launch the business and make sure you produce quality products to your customers.

Before starting any bakery business, it means that you already have a good experience about the business and how to manage it. People expect you to make good and quality breads for their consumption always...

 

[magnus2022]

It is a very profitable business but need huge capital. In bakery business, you need oven, constant energy supply, a good mixer, workforce etc. Now, a lot of bakery are using electric or gas oven. Electric oven is very costly while gas is relatively affordable. But there are ovens that can use gas or electric.

 

[Wisdom01]

Yes, bakery business is very lucrative. And food produce that can be produce in bakery is not restricted to bread. People are using their creativity to produce more good foods from bakery these days. Hardly will day pass without an average man eating food produce in bakery.

bakery business is really lucrative , I think some people that run the business In a good location are gaining off the business ,many are benefiting off the business ,they have seen it as better medium to earn more money for themselves too

 

[Grandma]

Bakeries are one of the best places where you could buy many different kinds of food items. You can buy cakes, pastries, biscuits, bread, milk, eggs, pizzas, and many other kinds of different items. There are many bakeries in my city. Some of them are exceptionally developed. Of course this requires you to invest a good amount of capital in case you want to maintain a really high standard. In the end, this kind of business is flourishing really well and it is very lucrative. So do you think that it is actually a great business?

Starting a bakery business can be a rewarding and challenging endeavor. Here are some steps you can take to get started:

1. Develop a business plan: This will help you clarify your vision for your bakery, define your target market, and set financial and growth goals. Your business plan will also serve as a roadmap for starting and running your business.
2. Determine your legal structure: Choose the legal structure that best suits your business needs. Options include sole proprietorship, partnership, corporation, or limited liability company (LLC).
3. Obtain necessary licenses and permits: Check with your local government to find out what licenses and permits you need to operate a bakery in your area. This may include a business license, food service permit, and food handler's certification.
4. Find a location: Look for a convenient and visible location to your target market, with easy access and ample parking. Consider the size and layout of the space, as well as any necessary equipment and renovations.
5. Purchase equipment: Determine what equipment you'll need to produce your products, including ovens, mixers, and refrigeration units. Research and compare prices from different suppliers to find the best deals.
6. Hire staff: As you start to grow, you may need to hire additional staff to help with production, customer service, and other tasks. Be sure to carefully screen and train your employees to ensure they are capable and reliable.
7. Market your business: Promote your bakery through local advertising, social media, and word-of-mouth referrals. Offer specials and discounts to attract new customers, and consider partnering with local businesses or events to increase visibility.