BUSINESS STRATEGIES
How to create a bakery business plan
- Annabelle Amery
- Oct 29, 2023
- 12 min read
When launching your bakery business , the first step is to whip up a detailed and well-crafted business plan. Think of it as the secret recipe for your bakery's success. This document isn't just a list of ingredients; it's your roadmap to achieving your goals, whether you're baking artisanal bread, delightful pastries or delectable cakes. Your bakery business plan will help you navigate the sweet and savory challenges of the industry, ensuring your path to success is as delightful as your treats.
So if you're looking to start a business in the baking industry, keep reading for instructions on how build a strong business plan.
Ready to get baking? Use Wix to build a business website and learn how to make a bakery website .
Why create a bakery business plan? Key benefits to consider
Crafting a bakery business plan is important for several reasons. First, it forces you to conduct thorough market research and analysis, helping you gain insights into your target market's preferences, trends and competition. This information is vital for designing a product lineup that resonates with customers and stands out in the crowded baking market.
A well-structured business plan aids in clarifying your bakery's unique value proposition as well. By clearly defining what sets the bakery apart from its competitors, you can effectively communicate your brand's identity and build a strong customer base.
Beyond all this, your business plan lays out a detailed operational plan, outlining your bakery's workflow, supply chain management, staffing requirements and equipment needs. This level of detail is crucial to ensure smooth day-to-day operations and efficient resource allocation.
Finally, a bakery business plan is a vital tool for raising money for your business whether from investors, lenders or stakeholders. It demonstrates your commitment, understanding of the industry and your business's potential for profitability. It can help potential investors gauge your bakery's revenue-generating capacity and projected returns on investment.
How to create a bakery business plan in 6 steps
So how do you go about crafting your plan? In the upcoming sections, we'll guide you through six essential ingredients of a bakery business plan.
Executive summary
Business and domain names
Market analysis and research
Operations plan
Marketing and advertising plan
Financial plan
01. Executive summary
An executive summary is a concise and compelling overview of your bakery business plan, designed to capture the reader's attention and provide a snapshot of the entire plan. This section should be written last (after you've crafted the rest of the plan), to ensure that it accurately reflects the key points and highlights of your bakery business venture.
When writing an executive summary for a bakery business plan, aim to include the following elements:
Briefly describe the core concept of your bakery business. Highlight what sets it apart from competitors and emphasize your unique value proposition.
Summarize the market research you've conducted to identify your target audience, market trends and growth opportunities.
Provide a high-level overview of your financial projections, including revenue estimates, startup costs and potential profitability.
Outline the short-term and long-term goals you aim to achieve with your bakery business.
Introduce key members of your team and highlight their relevant expertise for this type of business .
Mention any funding requirements you have and how the funds will be utilized to support the bakery's growth.
Conclude with a compelling statement that encourages readers to explore the rest of the business plan.
Example of an executive summary for a bakery
"Sweet Delights Bakery is a specialty bakery poised to revolutionize the local dessert scene with its artisanal approach and innovative flavors. Our commitment to using organic and locally-sourced ingredients sets us apart in a market craving healthier alternatives. With a target demographic of health-conscious consumers and a focus on catering to dietary preferences, we anticipate tapping into an underserved niche.
Our projected revenue for the first year is $300,000, with startup costs totaling $100,000. By year three, we aim to achieve profitability and expand our reach to neighboring towns. With a team that brings together culinary expertise and marketing prowess, we are well-equipped to execute our vision.
We seek $75,000 in funding to secure a prime location, procure high-quality equipment and launch an impactful marketing campaign. Sweet Delights Bakery is poised to become a local favorite and a go-to destination for unique and guilt-free indulgences."
02. Business and domain names
Naming a business is critical for brand recognition and online presence. A business name generator can help spark ideas and ensure your restaurant business name aligns with your bakery's identity.
For instance, if your bakery focuses on gluten-free treats, a name like "PureBites Bakery" reflects your commitment to wholesome ingredients. Once you decide on a company name, ensure that a corresponding domain name is available. Your domain name should be memorable, easy to spell and closely related to your bakery's name. Avoid complex names that can confuse potential customers.
Once you’ve landed on a business name, you’ll want to learn how to register a business .
03. Market analysis and research
Including a comprehensive market analysis in your business plan is crucial for understanding the competitive landscape and shaping your business strategy. Conduct market research to identify your target audience's preferences, behaviors and spending habits. Analyze your competitors' strengths and weaknesses to find opportunities for differentiation.
By understanding market trends and consumer needs, you can tailor your bakery's offerings and marketing messages effectively. Use this analysis to develop a unique value proposition that resonates with your target customers, ultimately setting your bakery apart in a crowded market.
04. Operations plan
The operations plan is a pivotal section of your bakery business plan, outlining the practical aspects of running your business effectively. This includes selecting an appropriate location, detailing the layout and design of your premises, identifying the necessary equipment for baking (alongside packaging and display) and specifying your staffing needs.
For instance, in the operations plan, you would detail how your bakery's layout promotes efficient workflow and customer engagement. You'd also discuss equipment like ovens, mixers, refrigerators and display cases that are essential for your bakery's operations. Staffing needs would include roles like bakers, decorators, cashiers and customer service representatives.
05. Marketing and advertising plan
The marketing and advertising plan outlines how you'll promote your bakery business to your target audience. Consider a mix of strategies such as using social media platforms, such as Instagram or Facebook, to showcase your visually appealing baked goods and engage with customers.
Additionally, you can build local partnerships by collaborating with local cafes or businesses for cross-promotions. This can include hosting tastings or events to introduce your products to the local community.
Consider making a website where customers can browse your offerings and place orders. A website builder like Wix can help you get online fast. From there, you can market and sell your goods as well as build an email list for newsletters and promotions to keep customers informed about new products.
Need some help building up your brand? Check out these bakery logo ideas and Wix’s free logo maker , as well as our guide on how to make a bakery logo .
06. Financial plan
The financial plan is a crucial part of any bakery business plan as it outlines the financial aspects of your venture. It includes cost to start an LLC if relevant, other startup costs, projected revenue, expenses and profitability timelines. Clearly define your funding needs, whether through personal investment, loans or investors.
The financial plan should encompass a break-even analysis, highlighting the point at which your bakery covers its expenses and starts generating profits. It's essential to provide realistic financial projections based on market research and industry benchmarks.
Bakery business plan example: SweetBite Bakery
Part 1: executive summary.
SweetBite Bakery is a gourmet dessert destination set to captivate dessert enthusiasts with its delectable creations. Our commitment to crafting unique and artistic desserts using premium ingredients positions us as a standout in the bakery industry. With a focus on custom-designed cakes and intricate pastries, we aim to elevate the dessert experience for our customers.
We anticipate generating $500,000 in revenue in our first year, with a startup investment of $150,000. Our team of skilled pastry chefs and experienced business professionals are well-prepared to execute our vision. We're seeking $100,000 in funding to secure a prime downtown location, invest in state-of-the-art baking equipment and launch an immersive marketing campaign.
Part 2: company and domain names
Company name: SweetBite Bakery
Domain name: www.sweetbitebakery.com
Part 3: marketing analysis and research
Through comprehensive market research, we've identified a niche for exquisite custom desserts in our target area. The bakery landscape lacks specialized gourmet options, providing us a significant opportunity for differentiation. Consumer preferences for unique, visually appealing treats and the growing trend of personalized celebrations further support our concept.
Part 4: operations plan
Location: We'll secure a charming storefront in the heart of the city, attracting foot traffic and enhancing visibility.
Premises: The bakery's interior will exude a cozy yet sophisticated ambiance, reflecting our premium offerings.
Equipment: Our bakery will be equipped with top-tier ovens, mixers and presentation displays to ensure the highest quality.
Staffing: We'll hire skilled pastry chefs, decorators and front-of-house staff to provide exceptional customer service.
Part 5: marketing and advertising plan
Social media: Engage customers through Instagram by showcasing our artistic creations and behind-the-scenes processes.
Local partnerships: Collaborate with local event planners and venues for special occasions and catering opportunities.
Tastings and events: Host weekly dessert tastings to introduce our offerings and build a loyal customer base.
Online presence: Launch an interactive website where customers can explore our menu order customized treats and stay updated on our latest creations.
Email marketing: Build an email subscriber list to share exclusive promotions, seasonal specials and upcoming events.
Part 6: financial plan
Startup investment: $150,000 (from personal savings and a small business loan)
Projected first-year revenue: $500,000
Projected first-year expenses: $350,000
Profitability timeline: By the end of the second year
Bakery business plan example: Wholesome Harvest Bakery
Wholesome Harvest Bakery is a health-conscious bakery determined to revolutionize baked goods by focusing on natural, nutritious ingredients. Our dedication to producing wholesome treats and accommodating various dietary preferences positions us as a pioneer in the health-oriented bakery market.
In our first year, we anticipate generating $350,000 in revenue, with startup costs totaling $100,000. Our diverse team of nutritionists and bakers are poised to execute our mission. We're seeking $75,000 in funding to secure a local storefront and invest in equipment that aligns with our health-focused approach.
Company name: Wholesome Harvest Bakery
Domain name: www.wholesomeharvestbakery.com
Our market analysis reveals a growing demand for healthier bakery options due to increased health awareness. With a focus on gluten-free, vegan and sugar-free offerings, we aim to cater to health-conscious consumers seeking guilt-free indulgence.
Location: We'll secure a location near fitness centers and health food stores to target our niche market.
Premises: Our bakery interior will reflect a fresh and natural ambiance, showcasing our commitment to health.
Equipment: We'll invest in specialty ovens and equipment that align with our ingredient-focused approach.
Staffing: Our team will comprise of nutrition experts, experienced bakers and customer service professionals.
Social media: Utilize Instagram and Pinterest to share health tips, recipe insights and showcase our nutrient-rich treats.
Local partnerships: Collaborate with gyms, wellness centers and yoga studios to cross-promote healthy living.
Tastings and events: Host workshops on healthy baking and nutrition, attracting a community of health enthusiasts.
Online presence: Develop a user-friendly website with detailed nutritional information, allowing customers to order online.
Email marketing: Regularly send out newsletters with recipes, health tips and exclusive discounts to our subscribers.
Startup investment: $100,000 (personal savings and a small business loan)
Projected first-year revenue: $350,000
Projected first-year expenses: $250,000
Profitability timeline: By the end of the first year
How profitable is owning a bakery?
Yes, owning a bakery business can be profitable, but it is important to note that it is not a get-rich-quick scheme. Bakeries have thin profit margins, so it is important to carefully manage costs in order to be successful. However, there are a number of things that bakery owners can do to increase their profitability, such as:
Offering high-quality baked goods and coffee
Providing excellent customer service
Marketing their bakery effectively
Offering catering services
Selling merchandise, such as aprons, cookbooks, and gift baskets
Controlling costs by using fresh, seasonal ingredients and making products in-house
It is also important to choose a good location for your bakery. A high-traffic area with good visibility is ideal. Additionally, it is important to consider the competition in the area. If there are already a number of successful bakeries in your area, you may need to offer something unique to differentiate yourself from the competition. If you are willing to put in the hard work and dedication, owning a bakery business can be a rewarding and profitable experience. Here are some tips for increasing the profitability of your bakery business:
Focus on high-margin items. Some items, such as cakes and cupcakes, have higher profit margins than others, such as bread and pastries. Focus on offering a mix of high-margin and low-margin items to keep your customers happy and your profits up.
Reduce costs. There are a number of ways to reduce costs in your bakery business, such as using energy-efficient equipment, buying in bulk, and making products in-house.
Increase sales. There are a number of ways to increase sales in your bakery business, such as offering catering services, selling merchandise, and offering loyalty programs.
Market your business effectively. Make sure people know about your bakery by marketing your business online and offline.
By following these tips, you can increase the profitability of your bakery business and achieve your financial goals.
What are the disadvantages of owning a bakery?
Owning a bakery can be a rewarding experience, but it's important to be aware of the disadvantages before starting a bakery business. Some of the disadvantages of owning a bakery include:
Long hours and hard work. Bakers often work long hours, especially during busy times, such as holidays and weekends. Baking is also physically demanding work, and bakers often have to stand for long periods of time.
Thin profit margins. The profit margins for bakeries are thin, so it's important to carefully manage costs in order to be profitable.
Competitive landscape. The bakery industry is a competitive one, so it's important to differentiate your bakery from the competition.
Perishable products. Bakery products are perishable, so it's important to manage inventory carefully to avoid waste.
Food safety concerns. Bakeries must adhere to strict food safety regulations to protect customers from food poisoning.
Reliance on suppliers. Bakeries rely on suppliers for ingredients and supplies. If a supplier has a problem, it can disrupt your business operations.
Seasonality. Bakery sales can vary depending on the season. For example, sales may be higher during the holidays and lower during the summer months.
Customer expectations. Customers expect fresh, high-quality baked goods. It's important to meet these expectations in order to keep customers coming back.
Employee turnover. The bakery industry has a high employee turnover rate. This can make it difficult to find and retain qualified staff.
Despite the disadvantages, owning a bakery can be a rewarding experience. Bakeries play an important role in the community, and many bakers enjoy the satisfaction of creating delicious and beautiful baked goods that people love.
What mistakes do startup bakeries make?
Some of the most common mistakes that startup bakeries make include:
Underestimating the costs. Starting a bakery can be expensive. It's important to carefully estimate all of the costs involved before starting your business. This will help you to avoid financial problems down the road.
Overestimating demand. It's important to be realistic about the demand for your baked goods. Don't overproduce baked goods or you will end up wasting money.
Not marketing their business effectively. Make sure to market your bakery business effectively in order to attract customers. Don't be afraid to invest in marketing strategies and advertising.
Not offering a diverse product mix. Offer a diverse product mix to appeal to a wide range of customers. Don't just focus on one type of baked good.
Not having a good business plan. A business plan is essential for any business, but it's especially important for startups. A business plan will help you to define your business goals, strategies and financial projections.
Bakery business plan FAQ
What is the most profitable bakery item.
The most profitable bakery item varies depending on the region and the type of bakery. However, some of the most profitable bakery items include:
Coffee and tea
What is the failure rate of bakeries?
Can i start a bakery with no money, are bakeries hard to start, want to create another type of business plan.
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Bakery Business Plan Template
Written by Dave Lavinsky
Bakery Business Plan
If you want to start a bakery business or expand your current one, you need a business plan.
Over the past 20+ years, we have helped over 5,000 entrepreneurs and business owners create business plans to start and grow their bakery businesses. On this page, we will first give you some background information with regards to the importance of business planning. We will then go through a bakery business plan step-by-step so you can create your bakery’s business plan today.
Download our Ultimate Bakery Business Plan Template here >
How To Write a Business Plan For a Bakery
Executive summary.
The executive summary is the introduction to your business plan, although it is often written last. It helps investors and lenders quickly decide whether they are interested and should read more, so the first page must get right to the point. Include a concise description of your bakery (or bakery concept if you are a startup), a short analysis of the market, proof that customers are willing to pay for products, and an explanation of the unique qualifications that ensure your bakery will be a success.
Company Overview
This section of your bakery business plan provides a comprehensive look at the company’s history. Include details on your bakery’s legal structure, founding, location, and current business stage, as well as your past accomplishments and unique qualifications. Clearly explain anything that makes you a strong competitor in this market, such as existing contracts with retailers, a head baker with impressive restaurant credentials, or exclusive access to award-winning recipes.
Finish Your Business Plan Today!
In this section you should also give an overview of the type of bakery you operate or will operate in the future.
For example, do you or will you operate a:
- Traditional bakery (selling breads, biscuits etc.)
- Commercial bakery
- Bakery specializing in wedding cakes
- Wholesale bakery
- Doughnut shop
- Pastry shop
- Bakery Cafe
- Food truck bakery
- Home Bakery
Industry Analysis
This section assesses that bakery industry and how your bakery fits into the existing landscape. Address any challenges that you unearth with a solid strategy for success. Also keep in mind that your market is not the entire baked goods market. Rather, it is your niche of that market.
For example, while the baking industry in the United States generates more than $30 billion per year in revenues, your bakery will only comprise a fraction of that amount depending upon your geography, focus, etc. So, zero in on the specific products and customers you plan to target and focus your analysis on those elements.
Customer Analysis
This section of your plan details your bakery’s target audience, that is the customers you will serve. Note that in many cases, a bakery might target multiple market segments. Do you plan to target brides to be? Children’s birthday parties? Upscale families who regularly hold private events for 100 or more guests?
Or do you primarily serve walk-in customers. This segment usually comprises neighborhood resident who know about your bakery, and who tend to visit regularly.
Even if you’re not a commercial bakery, you might serve local delis, grocery stores and bodegas. Clearly, it helps a bakery’s sales if it has a greater number of distribution points. The same is true in the case of restaurants. A bakery can supply breads, bagels, cakes, pastries and other products to restaurants and hence create a larger customer base.
Whatever target markets you serve, clearly define them in your business plan. Detail the demographics of each. For example, are they wealthy males and females? Are they college students? Are they local restaurants? Whatever the target customers, you need to identify and detail them so you’ll know their needs and can better serve them.
Likewise, discuss the psychographics of your target customers. Are they price conscious? Is quality the most important issues they will use to judge your bakery? Do they insist on reliability and premium service?
In addition to documenting the demographic and psychographic variables that define your target market, detail how your bakery will meet their unique needs.
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Competitive Analysis
This section of your bakery business plan details your direct and indirect competitors. Direct competitors are other companies who fulfill the same need for the same target market, most likely others selling similar baked goods. Your indirect competitors are those who fulfill a different need for the same target market, or those who fulfill the same need for a different target market. An example of an indirect competitor could be a nearby coffee shop.
In your plan, name and describe your direct competitors individually, and explain what sets your bakery apart from them. Create a more general category for your indirect competitors and discuss them as a whole.
Finally, detail your areas of competitive advantage and what will make you distinct. Most successful bakery owners identify products that no other local bakeries offer, such as a treat that is exclusive to your bakery and that drive customers to frequent your store. Also, based on the demographics and psychographics discussed above, you may be successful being the only local bakery selling nut-free cakes, or making vegan and gluten-free baked goods with local and organic ingredients.
Marketing Plan
Your bakery marketing plan explains how you will penetrate your target market, based on the four P’s: Product, Price, Place, and Promotion.
The Product section explains all the products and services your bakery will provide. Price refers to the price points at which you will sell each item, along with your reasoning for choosing those prices. Place explains all your distribution methods, such as your retail stores, your company website, and third-party retailers. Promotion defines the ways you will entice customers to purchase your baked goods, such as free samples and web advertising.
In addition to describing the four Ps your bakery marketing strategy, you should explain how you will retain existing customers through loyalty programs or other methods. Also, in this section of your plan, particularly if you are startup retail bakery, you should detail the design and display of your location.
Clearly, your bakery’s storefront should be designed in a way that attracts walk-in customers. Consult an interior designer to get insight on how to create a warm and inviting ambience in your bakery.
Operations Plan
The operations plan explains the processes by which you will turn your vision into a reality. It includes the everyday short-term processes involved in physically baking your products, managing your retail space, packaging your baked goods, conducting sales transactions, choosing and working with vendors, and delivering the finished products to your customers among others.
Your operations plan must also include the long-term processes involved in growing your company, such as introducing new products or retail stores, achieving specific sales milestones, and hitting other important business-oriented goals such as hiring new employees, launching new locations, etc.
Management Team
This section provides biographies of the key members of your company’s management team, with an emphasis on strong business skills. Focus on educational background, previous experience with successful start-ups, and other elements that demonstrate your and/or your team’s ability to build a company. A strong advisory board can help make up for weaknesses provided you clearly articulate how your advisors will directly impact the company’s growth.
Financial Plan
The financial plan is often the most difficult part of the business plan to write, yet it is the section that potential investors and lenders spend the most time analyzing.
Provide a list of all revenue streams, including their relative importance and timeline for implementation, as well as the amount and expected sources of outside funding. Include a summary of past (if applicable) and projected Income Statements, Balance Sheets, and Cash Flow Statements. The assumptions made in these documents must be reasonable and verifiable based on an analysis of similar companies.
Make sure you don’t miss anything when putting together your financial projections or you could lose credibility in the eyes of readers of your plan. For example, make sure you adequately enter costs which most bakeries incur such as space (owned or rented), equipment (planetary mixers, cylinders, gas stove, cooling fridge, deep fridge, storage utensils, etc.), electricity and water, staff, furniture and décor, licenses, insurance and legal fees.
The appendix includes your full financial projections, as well as any other documentation that supports the claims made in the business plan. For example, it might include a list of key existing customers or letters from potential partners. Likewise, if you’re a startup bakery, including sketches of the proposed store design should appear in your appendix.
Putting together a business plan for your bakery business is a worthwhile endeavor. If you follow the template above, by the time you are done, you will truly be an expert. You will really understand the bakery business, your competition and your customers. You will have developed a marketing plan and will really understand what it takes to launch and grow a successful bakery business.
To further help you, we have other articles on key aspects of how to start your bakery . and running it effectively. Specifically, our bakery marketing plan will help you develop the best promotions strategy. Our bakery startup costs post will let you know what costs to expect.
Bakery Business Plan FAQs
What is the easiest way to complete my bakery business plan.
Where Can I Download a Bakery Business Plan PDF?
You can download our bakery business plan template PDF here.
Our bakery business plan PDF is a free resource to help you get started on your own business plan. This is a business plan template you can use in PDF format for a bakery, home bakery, wholesale bakery or any other type of bakery.
What Is a Bakery Business Plan?
Why Do You Need a Business Plan?
If you’re looking to start a bakery or grow your existing bakery you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your bakery in order to improve your chances of success. Your bakery business plan is a living document that should be updated annually as your business grows and changes.
What Are the Sources of Funding for a Bakery?
Bakeries are usually funded through small business loans, personal savings, credit card financing and/or angel investors. This is true for a home bakery business plan too. This is true for a wholesale bakery business plan, a home bakery business plan and a commercial bakery.
Don’t you wish there was a faster, easier way to finish your Bakery business plan?
OR, Let Us Develop Your Plan For You
Since 1999, Growthink has developed business plans for thousands of companies who have gone on to achieve tremendous success.
Click here to see how our professional business plan consultants can create your business plan for you.
Other Helpful Business Plan Articles & Templates
How to Write a Bakery Business Plan + Template
Creating a business plan is essential for any business, but it can be especially helpful for bakery businesses who want to improve their strategy or raise funding.
A well-crafted business plan not only outlines the vision for your company but also documents a step-by-step roadmap of how you are going to accomplish it. In order to create an effective business plan, you must first understand the components that are essential to its success.
This article provides an overview of the key elements that every bakery owner should include in their business plan.
Download the Ultimate Bakery Business Plan Template
What is a Bakery Business Plan?
A bakery business plan is a formal written document that describes your company’s business strategy and its feasibility. It documents the reasons you will be successful, your areas of competitive advantage, and it includes information about your team members. Your business plan is a key document that will convince investors and lenders (if needed) that you are positioned to become a successful venture.
Why Write a Bakery Business Plan?
A bakery business plan is required for banks and investors. The document is a clear and concise guide of your business idea and the steps you will take to make it profitable.
Entrepreneurs can also use this as a roadmap when starting their new company or venture, especially if they are inexperienced in starting a business.
Writing an Effective Bakery Business Plan
The following are the key components of a successful bakery business plan:
Executive Summary
The executive summary of a bakery business plan is a one to two page overview of your entire business plan. It should summarize the main points, which will be presented in full in the rest of your business plan.
- Start with a one-line description of your bakery /
- Provide a short summary of the key points in each section of your business plan, which includes information about your company’s management team, industry analysis, competitive analysis, and financial forecast among others.
Company Description
This section should include a brief history of your company. Include a short description of how your company started, and provide a timeline of milestones your company has achieved.
If you are just starting your bakery , you may not have a long company history. Instead, you can include information about your professional experience in this industry and how and why you conceived your new venture. If you have worked for a similar company before or have been involved in an entrepreneurial venture before starting your bakery firm, mention this.
You will also include information about your chosen bakery business model and how, if applicable, it is different from other companies in your industry.
Industry Analysis
The industry or market analysis is an important component of a bakery business plan. Conduct thorough market research to determine industry trends and document the size of your market.
Questions to answer include:
- What part of the bakery industry are you targeting?
- How big is the market?
- What trends are happening in the industry right now (and if applicable, how do these trends support the success of your company)?
You should also include sources for the information you provide, such as published research reports and expert opinions.
Customer Analysis
This section should include a list of your target audience(s) with demographic and psychographic profiles (e.g., age, gender, income level, profession, job titles, interests). You will need to provide a profile of each customer segment separately, including their needs and wants.
For example, a bakery’s customers may include:
- Families with young children who are looking for birthday cakes or other special occasion desserts
- Businesses that need to order large quantities of pastries or other baked goods for their office functions
- Individual customers who want to purchase small quantities of freshly-baked goods for their personal consumption
You can include information about how your customers make the decision to buy from you as well as what keeps them buying from you.
Develop a strategy for targeting those customers who are most likely to buy from you, as well as those that might be influenced to buy your products or bakery services with the right marketing.
Competitive Analysis
The competitive analysis helps you determine how your product or service will be different from competitors, and what your unique selling proposition (USP) might be that will set you apart in this industry.
For each competitor, list their strengths and weaknesses. Next, determine your areas of competitive differentiation and/or advantage; that is, in what ways are you different from and ideally better than your competitors.
Marketing Plan
This part of the business plan is where you determine and document your marketing plan. . Your plan should be clearly laid out, including the following 4 Ps.
- Product/Service: Detail your product/service offerings here. Document their features and benefits.
- Price: Document your pricing strategy here. In addition to stating the prices for your products/services, mention how your pricing compares to your competition.
- Place: Where will your customers find you? What channels of distribution (e.g., partnerships) will you use to reach them if applicable?
- Promotion: How will you reach your target customers? For example, you may use social media, write blog posts, create an email marketing campaign, use pay-per-click advertising, launch a direct mail campaign. Or you may promote your bakery business via word-of-mouth.
Operations Plan
This part of your bakery business plan should include the following information:
- How will you deliver your product/service to customers? For example, will you do it in person or over the phone only?
- What infrastructure, equipment, and resources are needed to operate successfully? How can you meet those requirements within budget constraints?
The operations plan is where you also need to include your company’s business policies. You will want to establish policies related to everything from customer service to pricing, to the overall brand image you are trying to present.
Finally, and most importantly, in your Operations Plan, you will lay out the milestones your company hopes to achieve within the next five years. Create a chart that shows the key milestone(s) you hope to achieve each quarter for the next four quarters, and then each year for the following four years.
Examples of milestones for a bakery business include reaching $X in sales. Other milestones could include adding new products/services, opening additional locations, or increasing employee headcount.
Management Team
List your team members here, including their names and titles, as well as their expertise and experience relevant to the foodservice industry. Include brief biography sketches for each team member.
Particularly if you are seeking funding, the goal of this section is to convince investors and lenders that your team has the expertise and experience to execute on your plan. If you are missing key team members, document the roles and responsibilities you plan to hire for in the future.
Financial Plan
Here you will include a summary of your complete and detailed financial plan (your full financial projections go in the Appendix).
This includes the following three financial statements:
Income Statement
Your income statement should include:
- Revenue: how much revenue you generate.
- Cost of Goods Sold: These are your direct costs associated with generating revenue. This includes labor costs, as well as the cost of any equipment and supplies used to deliver the product/service offering.
- Net Income (or loss): Once expenses and revenue are totaled and deducted from each other, this is the net income or loss
Sample Income Statement for a Startup Bakery
Balance sheet.
Include a balance sheet that shows your assets, liabilities, and equity. Your balance sheet should include:
- Assets : All of the things you own (including cash).
- Liabilities : This is what you owe against your company’s assets, such as accounts payable or loans.
- Equity : The worth of your business after all liabilities and assets are totaled and deducted from each other.
Sample Balance Sheet for a Startup Bakery
Cash flow statement.
Include a cash flow statement showing how much cash comes in, how much cash goes out and a net cash flow for each year. The cash flow statement should include:
- Cash Flow From Operations
- Cash Flow From Investments
- Cash Flow From Financing
Below is a sample of a projected cash flow statement for a startup bakery business.
Sample Cash Flow Statement for a Startup Bakery
You will also want to include an appendix section which will include:
- Your complete financial projections
- A complete list of your company’s business policies and procedures related to the rest of the business plan (marketing, operations, etc.)
- Any other documentation which supports what you included in the body of your business plan.
Writing a good business plan gives you the advantage of being fully prepared to launch and grow your bakery . It not only outlines your business vision but also provides a step-by-step process of how you are going to accomplish it.
Creating a business plan forces you to think through all aspects of your business including marketing, finances, operations, and more. Ultimately, a well-thought-out business plan is key to a successful bakery.
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Bakery Business Plan: How to write it [Complete Guide]
- January 3, 2023
- Food & Beverage
Whether you’re looking to raise funding from private investors or to get a loan from a bank (like a SBA loan) for your bakery, you will need to prepare a solid business plan.
In this article we go through, step-by-step, all the different sections you need in the business plan for your bakery. Use this template to create a complete, clear and solid business plan that get you funded.
1. Executive Summary
The executive summary of a business plan gives a sneak peek of the information about your business plan to lenders and/or investors.
If the information you provide here is not concise, informative, and scannable, potential lenders and investors will lose interest.
Though the executive summary is the first and the most important section, it should normally be the last section you write because it will have the summary of different sections included in the entire plan.
Why do you need a business plan for a bakery?
The purpose of a business plan is to secure funding through one of the following channels:
- Obtain bank financing or secure a loan from other lenders (such as a SBA loan )
- Obtain private investments from investment funds, angel investors, etc.
- Obtain a public or a private grant
How to write your bakery’s executive summary?
Provide a precise and high-level summary of every section that you have included in your bakery business plan. The information and the data you include in this segment should grab the attention of potential investors and lenders immediately. Ensure that the executive summary doesn’t exceed 2 pages in total.
The executive summary usually consists of the five major sub-sections that include:
- Business Overview : give a brief introduction to your bakery and quickly describe your brand, its offerings, the pricing list of products and what sets you apart from your competitors
- Market Overview : the market analysis segment will contain an overview of the expected bakery market size and growth in your area, as well as an analysis of your competitors and target audience
- Management & People : introduce your bakery’s management and employee structure. Provide a brief (no more than a couple of sentences each) of the knowledge and experience of the team. Also, speak here about your hiring plans and the reporting lines
- Financial Plan : how much profit and revenue do you expect in the next 5 years? When will you reach the break-even point and start making profits? Include here a chart depicting your key financials such as revenue, gross profits, and net profit
- Funding Ask : what loan/investment/grant are you seeking? How much do you need? How long will this last?
Bakery Financial Model
Download an expert-built 5-year Excel financial model for your business plan
2. Bakery Business Overview
In this section of your bakery business plan, you will provide an overview (slightly more detailed) of your business. If there is something unique about your baked products, mention that in this segment.
Some of the most important questions that you must try to answer in this section include:
- Why are you opening a bakery?
- Where will your bakery be located and why did you choose that location?
- What type of baked products will you sell (low-calorie, vegan, gluten-free, etc.)?
- Why do you want to offer those product lines?
- How will you price your food offerings?
- Will your operating hours be the same as your competitors?
- Who is your target audience?
- What will be the legal structure of your company?
Let’s look at different subsections that you must include:
a) History of the Project
Any business must have two components:
- Passion & experience of the business owner
- Rationale behind the business
Passion & Experience
It is not necessary to have any prior experience with a bakery. As long as you are passionate about it and you know your market, you are good to go.
However, if you have any experience, make sure that you are mentioning that. For example, you may have been a head pastry chef and a creative cake decorator in a popular bakery for 6 years and now you want to launch your own bakery.
No matter what, ensure that you demonstrate not just passion but also some industry knowledge that you must garner through thorough research.
Every business has a rationale behind its existence. What’s yours? Are you going to solve some problems that exist in the current bakery business scene?
For instance, the target market may have a very high percentage of pastry-loving obese people. You may be the first one to introduce low-calorie pastries, cakes, and other baked items.
Similarly, if the area has a high vegan density, you may want to introduce a line of vegan products that no other bakery in the area is offering.
You must also ensure that the market is conducive for the business to exist. For instance, if you are a master cake maker who makes ultra-realistic cakes that cost a lot and try to sell them in a low-income neighborhood, your cakes will probably not sell.
Therefore, it is important to understand the market before starting a business to prevent extreme losses, and eventually closure.
b) Business Model
This is where you will talk about the business model and the type of bakery you want to open. Some points that you need to briefly describe here are:
- Will you buy a new bakery, or will you buy an old one and remodel it?
- Will you open a specialty bakery, a counter service bakery, or some other bakery type?
- What equipment, technologies, inventory, and tools will you need to operate your bakery?
- Where will you source your ingredients from?
There are various types of bakeries that you consider:
- Bakery Café : It is a sit-down bakery. It is a retail bakery with a dedicated dining area. There will be front-of-house and back-of-house spaces and people will often order food and other drinks apart from your baked items like muffins, cupcakes, cookies, etc. People can also order tea, coffee, sandwiches, etc.
- Counter Service Bakery : These bakeries do not have any dining area. People will order food and take them away. You can sell other food items like drinks, burgers, sandwiches, etc. apart from your usual baked goods.
- Specialty Bakery : These bakeries focus on a very specific set of products. For example, wedding cakes, gluten-free baked products, etc.
- Retail or Wholesale Bakery : The difference between a retail and a wholesale bakery is that in the retail model, you will sell to your direct customers (B2C). In the wholesale model, you will be selling to other businesses like cafes, restaurants, specialty shops, etc.
Irrespective of the type of bakery you want to open, make sure that there is adequate demand for the products you want to sell. For instance, if you are trying to sell a vegan line of baked products to customers who want non-veg-based baked products, you will not succeed. There must be enough vegans in your target market.
c) Products & Services
In this sub-section of your bakery business plan, you will provide a list of your products and services . For instance, if you intend to open a specialty bakery such as wedding cakes, you must provide a menu listing all that you have to offer.
Similarly, if you want to sell bread, cookies, and pastries only, make sure that your sample menu lists them. If there are too many items that you intend to sell, make sure that the sample menu you are providing includes the major attractions. You don’t need to list all the items.
d) Pricing Strategy
This is where you will explain your pricing strategy . Of course, your prices can vary significantly from your competitors. However, if there is a significant price variation, you must explain such differences.
For instance, you may be selling custom-designed birthday and wedding cakes instead of generic designs. That may be the reason for higher costs. Similarly, the quality of the ingredients you use for baking can also account for the price differences.
Irrespective of the case, include a pricing chart for your menu items. No need to include the price of every product or product bundle you intend to sell. Instead of listing the price for every product individually, you can just provide a pricing range.
For example, you can do something like this:
- Multi-decker cakes with custom fondant-crafted figurines: $350 to $1,000
- Gluten-free cookies: $3 to $6
Offering a pricing chart is important because your pricing strategy will also allow investors to tie your pricing strategy with your financial projections later on.
e) Legal Structure
Finally, your business overview section should specify what type of business structure you want. Is this a corporation or a partnership (LLC)? Who are the investors? How much equity percentage do they own? Is there a Board of Directors? If so, whom? Do they have experience in the industry?
3. Bakery Market Overview
A complete understanding of the market where you want to operate is important for the success of your business.
For example, there may be a large number of cafes in the area with regular and high demand for baked goods like pastries and cookies. Thus, opening a wholesale bakery to serve the B2B demand instead may make sense here.
Therefore, you must cover here 3 important areas in the market overview or market analysis section of the business plan of your bakery:
- Market trends : how big is the bakery industry in your area? What is its growth rate (or decline rate) and what are the factors contributing to its growth or decline?
- Competition overview : how many competitors are there? How do they compare vs. your business? How can you differentiate yourself from them?
- Customer analysis : who is your target audience? What type of bakery setup do they prefer? How frequently do they buy baked goods? What is their average spending at bakeries?
a) Bakery Industry Status Quo
How big is the bakery industry in the us.
According to the American Bakers Association, the US bakery market represents $154 billion and employs over 800,000 people..! The commercial segment is by far the largest (91% industry size) vs. retail bakeries that only represent 9% of the total US bakery market.
In terms of products, here is the breakdown of the most common bakery products as a percentage of total bakery sales in the US:
How big is the bakery industry in your area?
Once you grab the exact data for the US market and add it to your business plan, you can then divert your attention to the area where you want to operate. It might not be possible to find region or area-specific studies, and hence, you must estimate the size. For more information, read our article on how to estimate TAM, SAM and SOM for your startup.
Let’s now see how to estimate the market size of the bakery industry size for your business plan . We know that:
- The total US market size for retail bakeries is $15 billion (10% of the total $154 billion)
- The total number of retail bakeries is around 23,000
Therefore, the average annual revenue for each retail bakery is around $650,000 (that’s an average of $1,800 in sales per day).
So, if there are 20 already bakeries in the area where you will operate, we can reasonably assume the market size of the bakery industry in your area is around $13 million.
How fast is the bakery industry growing in the area?
Now, you must show the expected growth rate of the bakery industry in your area. This information may not be available via online research papers. However, assessing the growth rate will not be difficult.
You can approach each bakery separately and ask for their year of establishment. You will get a clear picture of the overall growth rate.
For instance, if there were 18 bakeries in 2018 and 20 bakeries in 2022, the average annual growth rate is 5.1%.
b) Bakery Competition Overview
Studying your competitors’ business models is vital. You need to understand what makes them successful or why they fail. A clear understanding of their bakery product offerings, marketing strategies, etc., will allow you to provide a better service.
If your competitors are offering nearly the same products & services, then what is their market share and how do they market their products & services to attract new customers?
It is always a good idea to do some research (if necessary, physically visit your competitors without revealing your business intentions) and create a comparative table summarizing their product & service offerings, marketing strategies, target audience, etc.
Here is a sample table that you can use:
The competition analysis table you will add to your bakery business plan will depend on what information you need and want to include based on your business model.
Bakery SWOT Analysis
Try to provide a SWOT analysis . It must be crisp and highly focused. SWOT stands for Strength, Weakness, Opportunities, and Threats.
Here is a sample that you can use as a reference:
- Strengths : Baking & Pastry Arts degree from Culinary Institute of America; 6 years of cake and pastry baking & decoration experience in a renowned bakery chain
- Weaknesses : Startup cost, zero reputation
- Opportunities : Increasing demand for healthy baked food because of increasing health consciousness in the target market
- Threats : Big brands like Dewey’s Bakery, Insomnia Cookies, Bare Snacks, etc., are flooding the market
A clear understanding of your strengths and weakness along with opportunities and threats in the real market can help you to design your marketing strategy . It also helps potential investors to assess the risk and reward profile of your business.
c) Bakery Customer Analysis
This is the sub-section where you will provide a detailed analysis of your target audience. Some important points that you must include in your customer analysis include:
- Age and gender distribution (you can get local demographic data from census.gov )
- Per capita expenditure on baked food items
- Frequency of bakery visits
- Average monthly income and disposable income
- Average bill size per visit
- Type of bakery preferred
- The expected price range for baked items
- Preference for healthy snacks and willingness to pay for high-quality products
- Any seasonal preferences they have
You can add as many data points as required to validate your business decision. The idea here is to display your deep understanding of the target audience and their needs, preferences, and expectations. This knowledge can help you to tailor your products & services to attract new customers.
4. Sales & Marketing
This is the segment where you outline your customer acquisition strategy. Try to answer the following questions:
- What is your USP ?
- What are the different marketing strategies you will use?
- How do you intend to track the success of your marketing strategy?
- What is your CAC or customer acquisition cost?
- What is your marketing budget?
- What introductory promos and offers do you intend to provide for attracting new customers?
Let’s expand a bit on a few questions below:
What marketing channels do bakeries use?
A few marketing channels that bakeries typically use are:
- Online listing & reviews (e.g. Google Business)
- Bakery directory listing
- Signage and billboards
- Print media (newspapers, etc.)
- Loyalty programs
- Coupons & gift cards
- Social media interactions and social media ads
It is not necessary to use all channels. You can start by focusing on a few of them. You can include other marketing strategies later.
Also, you must have a fair and nearly accurate estimate of your marketing budget. Failure to display a well-planned and adequate cash flow for advertising and marketing can lead to investors losing confidence. That’s because investors are fully aware that if adequate funds are not allocated for marketing, the business will be derailed before becoming a success.
What is your unique selling proposition (USP)?
In other words, how do you differentiate yourself vs. competitors? This is very important as you might need to win customers from competitors.
A few examples of USPs are:
- Low Calorie : Craving for sweets while burning fat? We have the perfect pastries!
- Vegan : Dairy-free vegan cheesecakes that melt in your mouth
- Doorstep delivery : We will reach your door to satiate your cravings
Your USP will depend on your business model, competitor analysis , and target audience. Whatever your USP be, it should appeal to your potential customers and attract them. Plus, The USP you offer should be convincing enough for investors and lenders.
5. Management & People
You must address two things here:
- The management team and their experience/track record
- The organizational structure: different team members and who reports to whom?
a) Management
Small businesses often fail because of managerial weaknesses. Thus, having a strong management team is vital. Highlight the experience and education of senior managers that you intend to hire to oversee your bakery business.
Describe their duties, responsibilities, and roles. Also, highlight their previous experience and explain how they succeeded in their previous roles.
It is also important that you explain how their experiences and qualifications help you in implementing the bakery you are proposing. If they have specialized training, and experience (such as a degree in baking and pastry arts degree, 6 years of baking experience in a renowned bakery chain, etc.), add that information.
b) Organization Structure
Even if you haven’t already hired production bakers, pastry chefs, kitchen helpers, marketing & accounts personnel, etc., you must provide a flowchart of the organizational structure defining the hierarchy of reporting.
6. Financial Plan
The financial plan is perhaps, with the executive summary, the most important section of any business plan for a bakery.
Indeed, a solid financial plan tells lenders that your business is viable and can repay the loan you need from them. If you’re looking to raise equity from private investors, a solid financial plan will prove them your bakery is an attractive investment.
There should be 2 sections to your financial plan section:
- The startup costs of your project (if you plan to start a new bakery, purchase new equipment, renovate your store, etc.)
- The 5-year financial projections
a) Startup Costs
Before we expand on 5-year financial projections in the following section, it’s always best practice to start with listing the startup costs of your project. For a bakery, startup costs are all the expenses you incur before you open your bakery and start making sales. These expenses typically are:
- The lease deposit for the space (if you rent) or the cost to purchase the real estate
- The renovation / refurbishment of the building / space
- Equipment & furniture for the bakery
Of course, the startup costs depend on many factors like the bakery shop size, its location, the number of staff, quality of the equipment, etc.
As an example, it costs on average $109,250 to $310,050 to open a 1,500 sq. ft. bakery in the US .
Note that these costs are for illustrative purposes and may not be fully relevant for your business. For more information on how much it costs to open and run a bakery, read our article here .
b) Financial Projections
In addition to startup costs, you will now need to build a solid 5-year financial model for your bakery.
Your financial projections should be built using a spreadsheet (e.g. Excel or Google Sheets) and presented in the form of tables and charts in the business plan of your bakery.
As usual, keep it concise here and save details (for example detailed financial statements, financial metrics, key assumptions used for the projections) for the appendix instead.
Your financial projections should answer at least the following questions:
- How much revenue do you expect to generate over the next 5 years?
- When do you expect to break even?
- How much cash will you burn until you get there?
- What’s the impact of a change in pricing (say 15%) on your margins?
- What is your average customer acquisition cost?
You should include here your 3 financial statements (income statement, balance sheet and cash flow statement). This means you must forecast:
- The number of customers over time ;
- Your expected revenue ;
- Operating costs to run the business ;
- Any other cash flow items (e.g. capex, debt repayment, etc.).
When projecting your revenue, make sure to sensitize pricing and the number of customers as a small change in these assumptions will have a big impact on your revenues.
7. Funding Ask
This is the last section of your bakery business plan. Now that we have explained what your bakery business model is, what you sell and to whom, what’s your marketing strategy, etc., this section must now answer the following questions:
- How much funding do you need?
- What financial instrument(s) do you need: is this equity or debt, or even a free-money public grant?
- How long will this funding last?
- Where else does the money come from? If you apply for a SBA loan for example, where does the other part of the investment come from (your own capital, private investors?)
If you raise debt:
- What percentage of the total funding the loan represents?
- What is the corresponding Debt Service Coverage Ratio ?
If you raise equity
- What percentage ownership are you selling as part of this funding round?
- What is the corresponding valuation of your business?
Use of Funds
Any bakery business plan should include a clear use of funds section. This is where you explain how the money will be spent.
Will you spend most of the loan / investment in paying your employees’ salaries? Or will it cover mostly the cost for the lease deposit and the renovation?
Those are very important questions you should be able to answer in the blink of an eye. Don’t worry, this should come straight from your financial projections. If you’ve built solid projections like in our Bakery financial model template , you won’t have any issues answering these questions.
For the use of funds, we also recommend using a pie chart like the one we have in our financial model template where we outline the main expenses categories as shown below.
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Bakery Business Plan
Ready to turn your love for baking baked goods into a successful business?
To ensure that your business endeavor happens to be a flourishing one, write a business plan specifically crafted for your unique bakery business.
From helping you finalize the bakery location to evaluating the financial position of your business- a detailed plan uncovers every detail essential to kickstart a successful bakery business.
Writing a business plan can get complicated. With this step-by-step guide, you will have all the information essential to write a bakery business plan . Also, download our free bakery business plan template and modify it to fit your needs.
Ready to dive in? Let’s get started.
Key Takeaways
- Conduct a detailed industry analysis of the bakery market to understand market trends, target market, and the growth scope of your business.
- Outline the business goals and devise a business strategy that is in line with your bakery’s branding image.
- Analyze the competitive landscape of your business and identify local businesses that will offer direct and indirect competition to your business.
- Make calculations, assumptions, and projections to form key reports such as income statement, balance sheet, Cash Flow statement, and Break-even analysis.
- Determine the operations of your bakery business by outlining the procedures, processes, and equipment required to kickstart the business.
- Determine the baked goods and services you will sell through your bakery business.
Why is a bakery business plan important?
A business plan helps achieve your business objectives by creating a roadmap that will guide your bakery business in a strategic direction. An actionable well-drafted plan offers an in-depth view of your business idea and are a few benefits you must know:
- A business plan instills clarity in your business idea. All the ideas that were messed up in your mind start getting a clear point of view once you start writing a plan.
- A business plan is your checklist to understand what different aspects of the business need- the resources, equipment, manpower, licenses, etc.
- It helps crystallize your business vision and what it aims to achieve in the bakery market.
- A business plan optimizes the bakery operations and brings down the operating expenses by ensuring the resourceful allocation of bakery resources.
- A plan evaluates the financial aspects and viability of your bakery idea before you actually invest money in the business.
And, of course, a well-crafted plan will get you essential funds to get started in the bakery market. Moving forward, let’s craft a spectacular plan for your bakery business.
How to Write a Bakery Business Plan: A Complete Guide
From writing an executive summary to creating your financial plan- let’s decode the key elements of writing a business plan.
1. Get a business plan template
Before you start writing a business plan, consider getting a sample template to simplify the entire plan writing process.
A lot of information goes into writing a comprehensive business plan. Addressing all the key components in brief details is a challenging task.
However, by using a template, you can add structure to your plan. Not only that, it will help you organize the information clearly in a cohesive manner. With appropriate prompts, you will know exactly what to write in each section.
We know you would start searching for a template. Well, the Upmetrics business planning template is perfectly relevant and suited for your bakery business. It’s intuitive, modern, and available for free download.
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2. Write an executive summary
The executive summary is a concise description of your entire bakery business plan. It highlights the key findings and entices the reader to delve further into your business plan. So make sure to keep it interesting.
A well-drafted executive summary includes an answer to every question, a potential investor might have.
For instance,
- What is the core objective of your bakery business?
- What are the pain points of your target customers and what solutions can you offer?
- What type of baked goods will you offer?
- What is your target market?
- What is your marketing strategy?
- What are the financial highlights of your bakery business?
As you start writing, remember that the executive summary should summarize the plan and not your business idea.
Lastly, fit your compelling summary description in 1-2 pages.
3. Conduct a competitive and market analysis
The market analysis section paints a clear picture of your ideal target market, bakery industry trends, and your competitors in the market. In a way, this section is your chance to validate the potential success of your bakery shop.
The market analysis section of your bakery plan must include:
Market share, growth potential, and industry trends
Identify your targeted available market (TAM) through thorough market research and determine your share in the bakery market. Analyze the emerging trends in the bakery market and assess your growth potential as a retail bakery.
Understanding of the target market
Who will be your potential customer at a bakery shop?
It gets much easier to succeed in the market when you have a clear understanding of who your target customers are.
In this section of customer analysis, you will create a buyer’s persona of your ideal customer by understanding their psychographic and demographic details.
Competitor analysis
This is an equally important part of the market study, where you evaluate the position and competitive landscape of your bakery shop.
Begin by identifying your top competitors and evaluate your strengths, weaknesses, opportunities, and threats against other bakeries. Establish your competitive edge and show the potential investors that your business stands a promising opportunity in the competitive market.
Want to Perform Competitive Analysis for your Business?
Discover your competition’s secrets effortlessly with our user-friendly and Free Competitor Analysis Generator!
4. Prepare a company overview
The company overview section of a bakery’s business plan is a brief description of your bakery business concept, its legal structure, location, and value proposition.
Be creative and write a compelling section that can propel the readers’ interest in your business idea.
Wondering what to include in your bakery’s company overview section? Let’s check:
- Type of bakery business: retail bakery, specialty bakery, cloud bakery, mobile bakery, etc.
- Business structure: Sole proprietorship, LLC, partnership LLC, corporation, etc.
- Mission statement
- Value proposition
- Quantifiable business goals and milestones
- History and background of the bakery, if applicable
- Partnership and ownership structure
- Name of owners/ partners
- Operating hours
- Service style
Drill down to details and make this section an engaging read.
5. Describe your products and services
After describing your bakery structure and mission statement in the previous section, you will now outline the product and service offerings of your bakery shop.
As a bakery business, you may sell a variety of delicious baked goods such as pastries, cakes, fresh bread, cookies, tarts, pies, donuts, sweet buns, etc. Add this to your product section and also non-baked goods such as savory snacks, coffee, etc, if it’s on your menu offering.
Specifically mention, if you will have products for special diets, i.e. gluten-free, keto-friendly, sugar-free, vegan baked goods, etc.
6. Bakery store design and layout
An effective bakery business plan must include a blueprint of your bakery shop’s layout and design to demonstrate the bakery’s concept practically to the readers.
Mention your bakery size and the space allocated for the back of the house and front of the house operations. Also, explain how the proposed layout will increase the efficiency of your business operations in great detail.
In this section, you will also talk about the decor and theme that will create a warm ambiance for your target audience. Keep in mind that the decor should reflect the branding image you want to create in your target market.
Offer an immersive experience to the readers while explaining this section.
7. Prepare a bakery marketing plan
The marketing plan offers a detailed outlook of marketing strategies you will use to market and promote your bakery shop. Consider it as a roadmap that will guide you in building a brand of sustainable value in the market.
So how do you build a perfect marketing plan?
Begin by identifying the marketing channels and different types of digital marketing campaigns that will work best for your potential customers. Now, allocate the monthly budget to different marketing activities. Lastly, devise a marketing strategy for each channel with a clear plan of action.
Here are a few marketing strategies that are popularly used by successful bakery businesses:
- Social media platforms for brand development
- Email marketing for promotional offers
- Video content such as easy baking recipes, tips, tricks, etc
- Online workshops and live sessions
- Influencer marketing
- Tasting events and sampling
- Customer testimonials
Now detail all your plans in this section and show your investors that you have a solid way to establish your business’s popularity in its target market.
8. Outline your organizational structure
In this section of your bakery business plan, you introduce the management team and employees at your shop. Also, highlight the organizational structure and hierarchy of employees in the organization.
Begin by introducing the owners and their role in your organization. Highlight their experience in the bakery industry and the key skills that can benefit the business.
Introduce your talented baker and their role in recipe development and standardization. Show their experience in the baking field and prove their asset worthiness.
Draw a clear flowchart depicting the flow of authority and responsibility in your bakery business. It is your chance to show the investors that you have a team and knack to take this business on a successful path.
9. Create a logistics and operational plan
The operations plan of your bakery business plan is a strategic document highlighting the processes, procedures, and resources needed to efficiently run your bakery shop.
A well-planned operations plan is like a business manual that has answers to all the questions one might have while running a bakery shop.
Wondering what to add to your operations plan? Well try to include answers to the following questions to make it detailed and comprehensive:
- Physical facilities: What will be your bakery location to produce bakery goods? Will you serve customers from that location or a different shop? Are you planning to sell the bakery goods online?
- Suppliers: Where will you get the raw materials and supplies for producing bakery goods? Who will supply non-bakery items like scones, sandwiches, and savory snacks?
- Inventory: Where will you store the raw material and ingredients? What will be the shelf life of these ingredients? How will you manage the stock levels? What are the minimum thresholds for different items and how long it takes to stock them?
- Production: Who will bake the goods? How long is the process? Will everything be made fresh or in batches to be stored for a few days? Will there be recipe cost cards for each menu item? How will you meet an unexpected spike in demand?
- Bakery Equipment: What type of bakery equipment will you require? Will there be a POS system at your store? What other technologies will you use? How will you take online orders?
The amount of precision here will help you regulate your operating expenses once the bakery starts serving the customers. Proper planning is advisable at this stage.
10. Create a Financial Plan
And now comes the most exciting part for investors- a financial plan. The figures in financial statements are helpful in determining the viability of your business idea. So this section holds a considerable weightage in terms of whether you will get funding or not.
To ensure you create a comprehensive financial plan, including financial projections for these key components:
- Cost of starting a bakery shop
- Sales forecast
- Revenue projection
- Operating expenses
- Pricing strategy
- Income statement/ Profit & Loss statement
- Break-even analysis
- Cash flow statement
- Balance sheet
- Business ratios
In this section, you will also evaluate your funding requirements and identify the funding sources for your business. i.e. bank loans, SBA-guaranteed loans, angel investors, and personal savings.
Having realistic financial projections at hand will help you realize your financial goals while evaluating the sustainability of your bakery business.
However, creating the projections for all these elements from scratch can get overwhelming. Additionally, you also need to work on visuals and graphs to add impact and clarity to your plan.
Well, there is an easy way. Create your plan with the Upmetrics Financial forecasting tool . This tool will generate key reports and visuals that can be easily downloaded and added to your plan.
We hope this sample plan will guide you in writing a perfect business plan. Now, let’s move forward and check the industry trends ruling the bakery world.
Bakery Industry Highlights 2023
Before you open a bakery, here are some latest highlights from the bakery industry, you may find helpful:
- Bakery market size: The US bakery market size was valued at $99.47 billion dollars in 2023. It is projected to grow at a CAGR of 2.08% between 2023-2028.
- Retail Bakeries: According to IBIS World , there are 8,780 independent retail bakery shops in the US.
- Bakery consumption: In 2022, Americans consumed 8.6 billion kilograms of cake and pastry goods, a sizable amount compared to other countries.
- Bakery trends: There is a growing trend of providing healthier alternatives, i.e. gluten-free baked goods in the bakery market. The organic and gluten-free baked goods market grew by 2.45% in 2022.
- Market Saturation: 55% of commercial bakery revenue in the US is generated by 3 major players- Grupo Bimbo, Flower Foods, and Campbell Soup.
- Specialty bakery market: The US Specialty bakery market share is expected to grow by 10.54 billion US dollars by 2026.
Download a sample Bakery business plan
Need help writing your own bakery business plan? Well, download our bakery business plan pdf and write your plan section-by-section with utmost precision.
Upmetrics templates are perfectly suited for entrepreneurs who need a little help to kickstart their business planning. Import the data into the editor and start planning.
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Frequently asked questions, what should be included in a bakery business plan.
An effective bakery business plan must include:
- Executive summary
- Business overview
- Industry and competitors analysis
- Bakery goods and services
- Bakery design and layout
- Operations plan
- Key management team
- Financial bakery plan
How long should my bakery business plan be?
A bakery business plan should be not more than 15-20 pages including graphs, visuals, and charts. You are likely to lose the interest of investors with a lengthy plan. However, keeping it extremely short is also not favorable, as it would not cover important details. So try using crisp content for your business plan.
Can a bakery business plan template help in setting clear business objectives and goals?
Absolutely yes. A template offers a variety of prompts that will help you to write each section clearly and cohesively. Moreover, you will get a variety of bakery-specific examples that shall help in clearly determining your goals and objectives.
Do I need to have financial projections in my bakery business plan?
Yes, financial projections are important to assess the viability and profitability of your business idea. If you are planning to seek investor funds, this section is of crucial importance. Investors will evaluate the financial section and determine whether to invest or not.
Can I use the same bakery business plan template for different locations?
Yes, you can. However, you need to alter the content of your business plan for different locations and target markets by making specific modifications.
About the Author
Vinay Kevadiya
Vinay Kevadiya is the founder and CEO of Upmetrics, the #1 business planning software. His ultimate goal with Upmetrics is to revolutionize how entrepreneurs create, manage, and execute their business plans. He enjoys sharing his insights on business planning and other relevant topics through his articles and blog posts. Read more
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Bakery Business Plan Template [Updated 2024]
Bakery Business Plan
If you want to start a bakery or expand your current bakery, you need a business plan.
The following sample bakery business plan gives you the key elements to include in a winning business plan. It can be used to create a business plan for a dessert bakery, bread bakery, cake bakery, and other businesses that sell baked goods.
You can download the bakery business plan template (including a full, customizable financial model) to your computer here.
Bakery Business Plan Sample
Below are links to each of the key sections of a business plan template for a bakery to help you write your bakery business plan:
- Executive Summary – In the Executive Summary, you will provide a high-level overview of your business plan including a brief description of your company, your products or services, your target market, and your business goals.
- Company Overview – The Company Overview section will include your bakery business concept, company history, bakery location, mission statement, and ownership structure.
- Industry Analysis – In the Industry Analysis, provide an in-depth look at the bakery industry including trends, competition, and growth potential.
- Customer Analysis – The Customer Analysis is where you will describe your ideal customers including their demographics and buying behaviors.
- Competitive Analysis – In the Competitive Analysis, you will compare your business to your closest competitors and provide an analysis of their strengths and weaknesses.
- Marketing Plan – In the Marketing Plan, you will flush out your marketing strategy for reaching your target market. This should include your marketing mix, your sales and distribution strategy, and your pricing strategy.
- Operations Plan – Your Operations Plan will include a description of your bakery, your bakery equipment, your production process, and your talented baker.
- Management Team – The Management Team section will include descriptions of your co-founders and key management members.
- Financial Plan – A comprehensive Financial Plan will include realistic financial projections and financial statements including an income statement, balance sheet, and cash flow statement.
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Bakery Business Plan Outline
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Download Now: Bakery Business Plan Templates for 2021
A bakery business isn’t that difficult to start but it comes with a lot of planning. You can’t just release all your baked goods overnight without carefully planning how you’re going to market and sell it. You will need to figure out your menu, where to get your supplies, the costing for each of your baked goods, and how to package them. You will have to jot everything down, lay the groundwork for all your needs, and set goals to meet them.
If your love and passion for baking have made you decide to put up a bakery, then you’re in the right place to figure out how to start on one. As with all other businesses out there, you will need a business plan and we’re here to help you how to make one.
Why Do You Need A Business Plan?
Do you need a business plan for a bakery?
A business plan is a guideline to help you figure out what direction your business is heading and what goals you want to achieve. It’s also a great plan to present to banks if you’re looking for a loan and for potential business partners if you’re looking for investors. But most of all, you need a business plan to help yourself. It will serve as your guide on how to achieve your goals and even compute your possible profit.
By the end of this guide, you’ll be able to draft up your business plan or you can use the template we’ll provide that’s available to download below.
Executive Summary
Start your bakery business plan with an executive summary section. This section is all about providing brief information on your business without getting all the details in. The goal of this section is to get the whole picture of what your bakery is all about at a single glance.
Just 2 to 3 sentences per category should be enough to express your ideas. You’ll get the chance to explain everything specifically in the later part of the business plan.
Introduction
Imagine having a booth at a food fair with dozens of other businesses right next to you. What are the things you can put on your sign that when a customer passes by they’ll be able to figure out what you’re selling in just a couple of seconds?
That is what you are going to write in your introduction. You are going to supply information that’s eye-catching, attention-grabbing, but also sticking to the realness of your bakery.
Related Reading: The 6-Step Marketing Growth Plan for a Home-Based Bakery
Here’s an introduction example you can follow:
Quick Bites is a bakery that offers a new take on the bread scene for New Yorkers on the go. All the buns are stuffed with delicious filling, both savory and sweet to satisfy a hungry tummy in need of that quick snack that’s conveniently packaged to eat on the run.
Just by reading that example, you’ll know that Quick Bites is:
- A bakery that supplies buns with filling that is either savory or sweet.
- Located in New York.
- Catered for people looking for a quick snack.
Capture your reader’s attention by keeping things light yet informative in this part of the business plan.
Company Description
Write a company description.
Every bakery business has a background. You’ll want to include how many years in the making has your bakery idea been going around and who is in charge of it. Will it be a partnership? Will you be doing the baking and managing at the same time? Putting in a little bit of your bakery’s background helps give the reader a brief understanding of what your business’s managing strategy is going to be.
The first thing on your mind when you decided on putting up a bakery is probably the menu. And though that’s quite exciting to draft up at once, you’ll have to decide on the services you’re going to offer first by figuring out what kind of bakery you’re going for.
Here is a guide to choose the type of bakery you want:
- Full service – This includes having your own space with a kitchen and baking area, a display area for your baked goods, and dine-in options with drinks such as coffee or tea.
- Take-out service – This is a type of bakery where you have a small space just to display your baked items and offer a drink or two. Customers can just line up and order your buns to go.
- Online – This type of business does not require any space. This is all done in your kitchen at home. Customers will just place their orders online and will pick them up or have them delivered.
By deciding this early on, you can have a clear image of what your bakery is going to look like and how it will operate.
Customer Focus
Cake bakery display case.
We know what you’re thinking: everyone is your potential customer. And though that is the goal, you still need to list down your target customers so you can focus on a certain product line to sell.
Take for example Quick Bites. As mentioned in the introduction, the bakery is for those who are looking for a quick snack to eat. Therefore, their target customers are mostly working people who do not have time to sit down for a meal and are looking for a convenient yet delicious food replacement while still having the time to work.
Related Reading: 101 Creative Bakery Names You Can Use Right Now
With this focus in mind, Quick Bites’ product line of filled buns fit this category since busy people can eat their buns with one hand only so they can focus on doing other things instead.
Again, be sure to keep this short. You can add in the details later on in the Target Market section of the business plan.
Mission Statement
Every business has a vision no matter how small it is. If you just plan to have a simple bakery up and running, you still have goals to meet. This is how businesses succeed since a mission statement allows owners and staff to be reminded of the direction they’re heading.
An example mission statement for Quick Bites would go like this:
Quick Bites’ mission is to serve a variety of freshly baked bread, particularly buns with different filling, that can satisfy a hungry tummy on the go. Our buns are nutritious and are packed with only real ingredients. No artificial flavors will be used and no preservatives are added. Our bakery is committed to making quick meals that are convenient to eat while working and we ensure that they are also healthy and affordable.
Company Concept
It’s time to get all the details down for your bakery’s concept. Think of it as the longer and more detailed version of your executive summary. This section is quite easy and fun since you can now list everything you’ve planned your bakery to have.
Will you be serving artisanal bread? How about puff pastries? Will you be including cakes? Will you also be offering coffee and tea? Will you be baking on the premises or will you have a commissary located somewhere? What are your operating hours?
All these things are important so list down everything you can think of that discusses what your bakery’s concept is going to be.
Market Analysis
Learn more about Jennifer Jacobs.
At this point, you’re probably wondering why you should care about analyzing the baking industry around you when all you want is to just bake your bread and sell them.
Well, let’s put it this way: baking bread might be easy but the selling part may be a little difficult if you don’t know your target market, the bakery business trend in your area, and the competition around you.
Target Market
Writing down your target market is easy since you already mentioned it above on your Customer Focus section. Just add in more details so you or anyone else who will read this will understand more about which group of people do you cater to.
Include the following in your target market list:
- Working-class or students
- Location (local office workers, neighborhood families, etc.)
Industry Analysis
To ensure your bakery is going to be a success, analyze the trend surrounding this type of business in the area you’re planning to open this up. For instance, if you’re like Quick Bites whose target market is the working class, then you’ll need to check the area around your planned bakery if this is a place where several offices are located.
You may also include a study on whether or not people like artisanal bread or healthy bread. This can help you check whether your planned menu can sell successfully or not.
For online bakery businesses, you can focus on the factors that people tend to look at when they’re ordering food online. This includes:
- The preferred number of days for pre-orders.
- Delivery times and rates.
Competitive Analysis
You’ll have to come to terms with the fact that you’ll have competition once you open your bakery business. That’s not entirely a bad thing. Having competition can help you analyze the prices for your baked items and it would also draw in interest from other potential customers. The trick here is to be better than the rest and that is why you are doing this business plan so you can succeed when you start selling your items.
If you are putting up a physical store, list down the bakeries surrounding your potential location. If you are an online store, you can also compare other online bakeries in your neighborhood.
You may even do a comparison. Write down the top three business names of your competitors, their strengths, and their weaknesses, and see where your bakery stands out.
Management Structure
Knowing the roles each person plays in your bakery business is important. It sets a clear and distinct understanding so that no arguments will happen in the future regarding their duties. This is particularly helpful when you’re in a business with a partnership so there are specific roles and duties indicated per person.
But even if you’re running the business on your own, it’s still important to write it all down so you’re aware of what else you need to do and if you need to delegate some tasks.
Related Reading: Learn how a Culinary Grad Built a $26k/Month Pastry Shop.
You can divide these into the following:
- Management Team – These are the people who will be running the business, those who will be in charge of sales and marketing, bookkeeping, filing and processing of legal documents, research and implementation, and ordering of supplies.
- Bakers – These will include the people in charge of baking your products.
For a bigger bakery with dine-in capacity, you may include these as well:
- Servers – These will include the people who will prepare the food to serve such as reheating bread or assembling them.
- Baristas – If your bakery is serving coffee, these are the people in charge of working the espresso machine.
However, some bakeries have their servers work as baristas at the same time so it’s important to state this clearly so your employees will know their duties.
- Cashiers – These people are in charge of manning the counter for any purchases.
- Clean-up Crew – These will include people who are responsible for cleaning the tables, dishes, and everything else that you need to sanitize your bakery.
Product Line and Services
Cake pops are a favorite at bakeries.
This section is the moment you have been waiting for. This is where you’ll place all the products you are going to offer in your bakery. Be it puff pastries, sandwiches, or artisanal bread, just be sure to write them all down. Be specific and indicate the prices as well.
Aside from your product line, you can include other services you wish to offer. Do you do wedding cakes? How about customized cakes? Would you be willing to supply bread to other businesses? Are you open to catering? Putting this all down in this section will help you organize your thoughts so you can put them into action carefully.
Sales and Marketing
A very helpful way to start marketing your bakery is to combine your target market and product line to bring attention to what you’re selling. For Quick Bites, since their target market is for people on the go, they can push how convenient their buns can be eaten while they’re walking on the street. They can also advertise the many flavors of buns they can offer from sweet fillings such as custard or jam to savory ones such as pepperoni, cheese, or vegetables.
Social media is also a great way to market your business. By putting up nicely photographed images of your bread and knowing the right trending hashtags to use, you can capture a huge number of followers.
But if there’s one marketing plan that’s overlooked by many, it’s taking advantage of the sense of smell. Freshly baked bread is pleasing to the senses and can entice customers to check out what you’re baking. So if you have a physical store, use the delicious smell of your baked bread by letting it waft out into the streets to lure passersby. You’ll be surprised just how fast people will flock to your bakery when you allow the scent of your baked goods to fill them.
Financial Plan
Red rose cupcakes.
We’re now on to the nitty-gritty part of the business plan. This includes where you’re going to get the money to fund your bakery and forecast the expenses and possible profit you’re going to make. Why is this important? It’s so that you’ll know early on if the concept, product line, and proposed services you’re going to offer in your bakery is profitable or not.
Keep in mind that you don’t really need a lot of money at all if you’re just starting your bakery business. As previous guest on the podcast Jennifer Jacobs explained , she spent the first few years operating a home-based bakery business. Jennifer operated her business for years while holding down a full-time job, before opening the doors to her first retail space. This is the path she recommends for other food entrepreneurs too.
Funding Request
The only thing you need to focus on this section is to ask yourself, where are you going to get the money to start your bakery? Whether it is a small online business wherein you’re the only one who will be doing the baking and selling, or it’s a big bakery with dine-in options and lots of staff, you have to be clear where to get the capital for all of this.
Getting a loan from the bank or inviting investors are a few options you can choose. This is also the reason why you’re making this business plan to convince them to give you a loan or to join in funding your bakery.
Financial Forecast
Bakery Food Truck.
You will need to list down all your planned expenses for your bakery. For a simple online bakery business, this includes:
- Refrigerator
- Packaging Materials
- Ingredients (flour, sugar, salt, butter, etc.)
If you are planning to open a physical store with dine-in options, you’ll also have to include these:
- Store signage
- Bread display rack
- Point-of-sale system
- Chairs and tables
- Trays, plates, and cutlery
- Espresso machine
You’ll also need to spend on your advertising materials whether these are in social media or print. The bottom line is, listing down all your proposed expenses can help you forecast the amount of money you need to start your bakery. According to professional bakers we interviewed for this piece, starting up a bakery costs $100,000 and $750,000. With these numbers, you can then set up a budget and start looking around for affordable equipment for your bakery.
Aside from your expenses, you’ll also need to do a break-even analysis so you know if you’ll be able to receive any profit from your proposed product line and services.
Operational Plan
Attention Bakery Founders: Download our Food Business Startup Kit for Startup Templates
Writing all your plans down is one thing but to set up a timeline for your operations is another. This sets the gears in motion for when you plan to execute your business.
Do a simple timeline following this example:
Date Plan [Insert Date Here] – Finalize the design and layout of the bakery and secure all rental documents such as permits and business registration.[Insert Date Here] – Start construction.[Insert Date Here] – Hiring and training of staff. You may also start advertising your bakery’s products and opening date.[Insert Date Here] – Start operations for the bakery.[Insert Date Here] – Achieve goals and reach break-even.
This is an example of a physical bakery store. For online bakeries, your timeline should be shorter and simpler.
This section is where most of your documentation to back up your business plan is included. You can also add photos of your bakery’s layout, your proposed design packages, and payroll plans.
Download Templates
Here are templates and real bakery business plan examples you can use as inspiration to setup your own business structure. These are available for download in PowerPoint, Google Docs, and PDF files.
- Bakery Business Plan PowerPoint
- Bakery Business Plan Google Docs
- Bakery Business Plan PDF
- If you are planning to open a physical store, be sure to delegate tasks. It’s fun to be hands-on with everything going around your bakery but you can’t manage the counter and be the baker at the same time. So appoint specific people for different roles but also have them multitask so you don’t hire too many people.
- Plan your menu accordingly. You do not want to bake a lot of bread and let them go to waste at the end of the day. Study the foot traffic around your area as well as your possible bestselling item. For instance, if Mondays are the busiest, then maybe you can double up on your recipes for a certain bread that everyone seems to like best. But you can slow it down on Tuesdays and focus on other items instead.
Don’t be intimidated in starting up your bakery and making this business plan. The point of the business plan is that it’s supposed to help you go through the finer details of your bakery. If the whole bakery business plan seems too complex for you then you just failed in understanding the purpose of it. It has to be easy to read and understand because it will serve as your guide.
Where are you planning to open your bakery? We’re just as excited as you are for this new adventure and look forward to hearing about the plans you put in place. Don’t forget to sign up for our free Food Business Startup Kit for exclusive interviews with bakery founders.
Want to start your own food business?
Hey! 👋I’m Brett Lindenberg, the founder of Food Truck Empire.
We interview successful founders and share the stories behind their food trucks, restaurants, food and beverage brands. By sharing these stories, I want to help others get started.
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Bakery Business Plan
Who doesn’t love baked delicacies, such as cakes, cupcakes, cookies, and biscuits? No one, of course. If people say they don’t like them, they probably haven’t tasted one in their life. Because baked delicacies delight most people’s palates, opening a bakery business has an absolute potential for profitability. So if you have excellent baking skills and love baking, why not establish a small business out of it. You’ll get to do what you enjoy and earn good money at the same time. So if you’re convinced, start plotting your ideas with our home bakery business plan examples !
10+ Bakery Business Plan Examples
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What Is a Bakery Business Plan?
A bakery business plan is a written outline of a bakery business’s overview, baked products, marketing strategies , and other vital info. Owners of bakery businesses use it as a guide on how to run their operations successfully. Plus, it can also function as their bakery business plan proposal if they want to present propositions to potential business partners.
If you want to launch a bakery business, such as a cupcake business and a cake shop, you need to formulate a business plan beforehand. It’ll help you have a clear direction on how to structure your bakery’s business model.
How to Start a Bakery Business
In planning a bakery, you’ll not just prepare a business plan. You also have to do the following:
1. Choose What Kind of Bakery You Want to Run
There are several bakeries; there are those that focus only on selling cakes, cookies, pies, and other baking delicacies. Some bakeries offer a diverse variety of them. For your business, the choice is yours and yours only. However, we do advise you to select a type of bakery business that you specialize in.
2. Look for Space
Of course, you’ll need a location for your bakery. Your home will do if the area where it belongs is an excellent place to do business. But if otherwise, you should look for other locations. Choose one that has many people around it. That way, your bakery will attract more customers.
3. Create a Menu
A menu is the heart and soul of every business that sells and serves food items, especially restaurants , coffee shops , and bakeries. So, make sure to make a bakery menu that can represent your business’s identity correctly. Use your creativity and baking knowledge to the fullest.
4. Implement a Family and Friends Policy
People close to you—your family, cousins, neighbors, high school buddies, and workmates—will likely ask for discounts. And being the kind-hearted person that you are, you grant what they want. That’s an excellent way to introduce your bakery to them, but don’t give discounts to them all the time. Make them understand that you’re running a business, and you need all the money you can earn from it. That’s why you should implement a family and friends’ policy .
How to Write a Bakery Business Plan
Now that you know what other things you must do in starting a bakery let’s now focus on making your business plan. When people hear business plans or business proposals , most of them think they’re hard to make. Yes, they’re crucial for a business, but they don’t have to be hard to create, especially for a simple business like your bakery. So here are four easy peasy tips in writing your bakery business plan outline.
1. Provide a Clear Overview of Your Business’s Concept and Strategies
All sorts of bakery business plan samples you’ll come across have complete details about concepts and strategies. That’s because they manifest the majority of what the business will be. So, make sure to provide a clear overview of them in your business plan.
For the concept, it’s up to your creative and innovative mind on how you’re going to formulate it. As long the “all about bakery” theme of your business is evident, it’ll do. For your business strategies, you have to do some market analysis and SWOT analysis of your locality’s bakery industry.
2. Highlight Your Menu
As we’ve said earlier, a menu is the heart and soul of businesses that offer food items. With that in mind, you must highlight your bakery menu on your business plan. For every baking delicacy that you plan to sell, present it on the document. Write brief descriptions about them and attach photos if possible, like making a food portfolio with examples of pastries and other mouthwatering recipes.
3. Be Clear About Your Financial Projections
Regardless of whether a business is big or small, its owner will need money to operate and generate profits. In running a business, money is everything. For that reason, be careful in formulating your financial projection in your business plan. That includes your budget estimates , operational expenses, and pricings.
4. Write the Executive Summary Afterward
All examples of a bakery business plan have an executive summary as their first section. Though not just bakery business plans, but all types of business plans. Although an executive summary should be the first section of your business plan, you should write it after. Why? That’s because it’s a general overview of your entire business plan and your bakery itself. With all your business plan’s contents set, it’ll be easier to write its executive summary.
Is owning a bakery a good business?
Of course, it is, especially if baking is your passion. As a bakery business owner, you can explore all sorts of baking styles, trends, and recipes while earning. On top of that, you’ll have the chance to pioneer new baking recipes and make them your best seller. You see, a lot of amazing possibilities can happen in running a bakery. All it takes is being creative and adventurous.
Is a bakery business profitable?
Yes, a bakery business is profitable. But for that to happen, you should establish your bakery in a strategic location—an area where many of your target customers reside or pass by regularly. And also, your baked delicacies should offer something unique that other bakeries don’t have.
What bakery items sell the most?
According to OrderNova , bakeries will potentially enjoy a 7.2% increase in the sales that their cakes and cupcakes will generate through 2021. The most likely reason is that cakes and cupcakes continue to be a favorite delicacy of most, especially among children. So if you’re thinking of what signature item your bakery should offer, consider cakes and cupcakes, and put your twist making them.
In being a bakery owner, not only will you make money, but you’ll also bring joy to the people in your community. Cakes, bread, pies, cookies are the comfort food of many. So go ahead and use your baking skills and passion to make that happen. Take advantage of our bakery business plan template to make your preparation easier.
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Bakery Business Plan [Sample Template]
By: Author Tony Martins Ajaero
Home » Business ideas » Food Processing Industry » Bakery Business
Do you want to start a bakery at home and need to write a business plan? If YES, here is a detailed sample bakery business plan template & feasibility report.
Okay, so we have considered all the requirements for starting a bakery . We also took it further by analyzing and drafting a sample bakery marketing plan template backed up by actionable guerrilla marketing ideas for bakery businesses.
We all love to have a bite of some baked meals; be it pastries, cakes, cupcakes and what have you. Would it be okay then to say that baked stuff is in high demand? Without a shadow of doubt, indeed, baked foods are always in high demand. This is no wonder that those who have stayed long in the trade can authoritatively boast of making millions in a month or less.
Bakery business is one business that one that doesn’t have an inkling about how to bake, can go get trained, practice, start a business and within a short space of time get good returns on investment. Here is a sample bakery business plan that can readily come in handy as you plan to write yours.
A Sample Home Bakery Business Plan Template
1. industry overview.
The bakery industry has come a long way, and will continue to evolve with countless of bakers bringing creativity into the industry. The Baked foods production has been in existence for tens of centuries. In the true sense of the word, it has been around for over two thousand years.
If by chance there is a doubt about this; then perhaps there would be a need to take a look at the bible era. One of the predominant meals that was widely talked about in the bible was the bread. So, it wouldn’t be wrong to say that those of old have been able to successfully pass the art from one generation to another generation.
The Romans who generally like baked foods are actually the people who improvised and developed the baking of foods commercially – bakeries. In nearly all their occasions; ranging from mere feasts to weddings, they are known to always celebrate with baked foods.
As such, they may be accorded the praise of being the ones who introduced bakery as an occupation and they achieved this around 300 BC. After this significant milestone was achieved, the drastic appeal for baked goods increased throughout Europe and expanded into the eastern parts of Asia.
At that point, bakers started baking breads and goods from their kitchens and thereafter took to the streets to have them sold out. Selling of baked foods became the trend and before too long, baked products were getting hawked in streets of Rome, Germany, London and Paris et al.
Over time, bakeries no longer had to rely solely on retailing their baked breads and snacks in the streets, in the open market or via home deliveries, but could now move ahead to open their bakery stores for customers to come in and order for their freshly baked bread and other foods. History has it that Paris in France happens to be the first city in the world to have started open air bakery.
Bread and all flour based foods are generally consumed by almost everybody in our planet; as such, anyone who chooses to establish a bakery in any part of the world is sure going to get good returns on his or her investment, as long as they are doing the right things when it comes to running a business.
Aside from bread which seems to be the face of the bakery industry, cake is also one of the products of the bakery commerce that is doing pretty well in the market all over the world. Yes, people eat bread and other flour made snacks on a daily basis, but you would quite agree that cake making is also one of the major money spinners for bakers.
Although not all bakers are specialized in cake making, but those who are into the art, alongside bread and other snacks, are the ones who seem to be maximizing the bakery industry. The fact that people order for cakes during their special events like birthday parties, wedding ceremonies, wedding anniversaries, and other memorable occasions, makes the bakery business a high – in – demand business.
2. Executive Summary
Top Taste Confectionaries® is a leading bakery business based in Orlando Florida, USA. It covers a wide range of clients both domestic and corporate clients.
We are a unique bakery brand because we do not just sell breads, cakes, and snacks, amongst others, but we also run a standard and accredited bakery school in Florida. Furthermore, we offer consultancy services in line with our area of business.
Top Taste Confectionaries was established by the awarding winning baker – Dr. Victoria Kingsley who has B.Sc. Food Science Technology and a Master’s Degree in Business Administration (MBA). She has a robust experience in the food and confectioneries business having worked both in the public sector and the private sector before starting her own business – Top Taste Confectionaries® in Orlando Florida.
Because of our goal of becoming one of the top 5 bakery companies in the united states of America, we are willing to go the extra mile to invest in some of the finest bakers we can find, as well as set plans in place to acquire the best of equipment when it comes to setting up a standard bakery.
Our Ovens are customized to fit into the kind of ideas we have of how a first class bakery business should look like. When it comes to hygiene, we have put plans, processes and structures in place that will ensure that we are always at the top of our game when it comes to that.
Essentially, we have been able to secure permits from all relevant departments in Florida. Top Taste Confectioneries is set to redefine how bakery business should be run, not just in Orlando, Florida, but also in the whole of the United States of America.
That is why we have put plans in place for continuous training of all our employees at regular interval and also liaising with stakeholders in the industry to contribute our quotas in the way bakery ovens and equipment should be designed and fabricated to meet the ever changing demand of the industry.
No doubt the demand for breads, cakes and snacks is not going to plummet any time soon, which is why we have put plans in place to continue to explore all available market around the cities where our bakeries are located and ensure that we create a wide range of distribution channels. With that all in check, we know that we will be able to get good returns on our investment.
Our strongest selling point at Top Taste Confectioneries is the unique taste of all our products. There is hardly any customer that comes across any of our products by way of taste, who wouldn’t want to come back to make more purchases. Without mincing words, we take delight in welcoming repeat customers over and over again.
At Top Taste Confectioneries, we pay attention to our small clients as well as the big clients. This is because we are into retailing and wholesale distribution. Our bakeries are opened to customers to purchase hot baked breads and also our distribution vans are all over the cities where our bakery outlets are located.
3. Our Products and Services
At Top Taste Confectioneries®, we deal in all forms of baked foods; assorted breads to cakes and snacks et al. We do not intend to restrict our services to only the supply of our products to stores who will eventually retail them, but we intend to open the doors of our bakery in different parts of the country to customers who would prefer fresh hot baked bread direct from the oven.
As part our strategy to create multiple sources of income in line with our core business concept, we will run a consultancy service and a standard government approved bakery school where we intend producing top class bakers who will become our ambassador in the United States of America and in Canada. Here are some of our products and services-:
- Flour Bread
- Wheat Bread
- Fruit Bread
- Consultancy Services
4. Our Mission and Vision Statement
- To be amongst the top 5 leading bakery companies in the United States of America before our 5 th anniversary.
- To build a bakery business that will meet the needs of all our customers and potential customers in the regions / cities where we have our outlets.
Our Business Structure
As part of plans to build a top flight bakery company in Florida, we have perfected plans to get it right from the outset, which is why we are going the extra mile to ensure that we have competent employees to occupy all the available positions in our company.
The picture of the kind of bakery business we intend building and the goals we want to achieve is what has informed the amount we are ready to pay for the best hands available in the bakery industry. This is as long as they are willing and ready to work with us to achieve our business goals and objectives.
- Chief Executive Officer
- Chief Baker
- Assistant Bakers
- Admin and Personnel Manager
- Sales and Marketing Officer
- Accountants / Cashiers
- Drivers / Distributors
Security Officers
5. Job Roles and Responsibilities
Chief Executive Officer – CEO:
- Responsible for providing direction for the business
- Creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
- Responsible for the day to day running of the business
- Responsible for handling high profile clients and deals
- Responsible for fixing prices and signing business deals
- Responsible for recruitment
- Responsible for payment of salaries
- Responsible for signing checks and documents on behalf of the company
- Evaluates the success of the organization
- Reports to the board
Bakery Manager:
- Responsible for managing the daily activities in the restaurant
- Ensures that the bakery facility is in tip top shape and conducive enough to welcome customers
- Interfaces with third – party providers (vendors)
- Reports to the Chief Executive Officer
- Attends to Customers complaints and enquiries
- Prepares budget and reports for the organization
- Any other duty as assigned by the CEO
Chief Chef:
- Responsible for preparing different flavor and style for all our bakery products
- Make lists and budget for bakery supplies
- Oversees the entire bakery process
- Responsible for training new bakers
- Makes sure that quality in maintained at all times
Sales and Marketing Officer:
- Responsible for marketing the company’s products and services
- Responsible for promoting the company
- Responsible for creating marketing and sales strategies, etc.
- Represents the organization in some strategic business meetings
- Ensures that our wholesale Customers get supplies of our products as at when due
- Any other duty as assigned by the Chief Operating Officer / Bakery manager
Accountant / Cashier:
- Receives payments on behalf of the restaurant
- Issues receipt to customers
- Prepares financial report at the end of every working week
- Handles all financial transaction on behalf of the restaurant
- Interfaces with our bankers
- Responsible for payment of tax, levies and utility bills
- Any other duty as assigned by the CEO / restaurant manager
Distribution Van Drivers:
- Delivers customer’s orders promptly
- Runs errand for the organization
- Any other duty as assigned by the sales and marketing executive / bakery manage
- Ensures that the facility is secure at all time
- Controls traffic and organize parking
- Gives security tips to staff members from time to time
- Patrols around the building on a 24 hours basis
- Submits security reports weekly
- Any other duty as assigned by the restaurant manager
- Responsible for cleaning the restaurant facility at all times
- Ensures that toiletries and supplies don’t run out of stock
- Cleans both the interior and exterior of the building
6. SWOT Analysis
In view of that, we were able to take stock of our strengths, our weakness, our opportunities and also the threats that we are likely going to be exposed to in Florida and even in the United States of America as a whole. Here is a of what we got from the critically conducted SWOT Analysis for Top Taste Confectionaries™;
Our strength lies in the fact that we have a wide range of products that can meet the needs of a wide range of customers. We have state of the art facility and equipment that has positioned us to meet the demand of products even if the demand tripled over night or if we had a massive order to meet and emergency delivery deadline.
Another factor that counts to our advantage is the background of our Chief Executive Offices; she has a robust experience in the industry and also a pretty good academic qualification to match the experience acquired which has placed her amongst the top flight bakers in the United States of America.
We are not ignoring the fact that offering consultancy services and running a standard and accredited bakery institute is definitely going to count as a positive for us.
The fact that we are setting up a bakery business in a city with other bakeries might likely pose a challenge for us in breaking into the already saturated bakery business in Orlando, Florida. In essence our chosen location might be our weakness.
Nevertheless, we have plans to launch out with a big bang. We know with that, we will be able to create a positive impression and we have a proper handle when it comes to building on already gather momentum.
- Opportunities:
The opportunities available to us are unlimited. Loads of people consume breads, cakes and snacks on a daily basis, and all what we are going to do to push our products to them is already perfected. There are also loads of people who might want to learn how to bake; as a result, they can readily find our government approved bakery institute highly ideal for them to fulfill that goal.
The threat that is likely going to confront us is the fact that we are competing with already established bakeries in Orlando, Florida, and also there are other entrepreneurs who are likely going to launch similar businesses within the same location we plan to launch out from.
Of course, we foresee that they will compete with us in winning over the available market. Another threat that we may likely be faced with is the area of government policies.
7. MARKET ANALYSIS
- Market Trends
When it comes to breads, cakes, and snacks etc., everyone may want to quite agree that the market trend changes with rapid astonishment. This is why we invested time to create a sample bakery marketing plan template. Bakers are seriously researching and creating flavors and varieties that will keep them afloat in the bakery business.
Any baker who wants to remain relevant in the scheme of things in the industry must be willing to explore the ‘bakery world’; he or she must be able to come up with a product that tastes unique from what is readily available in the present market.
In view of the above stated fact, we have hired the best of hands available in Florida to work with us in becoming a pacesetter when it comes to exploring and producing products with tastes that can meet the demand of the markets that is available to us in the cities where our bakeries are located. Part of the marketing and sales strategies that we will adopt include but not limited to the following;
- Open our bakery with a bang – big party
- Neighborhood, door to door and mouth to ear mode of advertisement to introduce our business
- Engage in road shows ( make some open air noise) to introduce our business
- Create same products in different sizes, with different prices and perhaps a little lower that the prices of similar products in the market
- Start a TV show in line with our business goal and objectives
- Sponsor relevant events, such as bakery competitions and wedding shows on TV et al.
8. Our Target Market
We are quite aware that the target market for bakery products cut across people of all walks of life. Since everybody needs food to survive; we are prepared to meet the needs of as much people as we can, within the various locations our bakeries will be located.
It is indeed difficult to create a list of the people we intend selling our bakery products to. because everybody needs what we have to offer except for our trainings and consultancy services. Here are just a few of the people / places that we intend selling our products and services to:
- Families (Homes)
- Schools (boarding house and campus et al)
- Groceries Stores
- Shopping Malls
- Wedding Ceremonies
- Event Planners
- Sport Centers
- Corporate Organizations
- Aspiring Entrepreneurs (Those who want to learn baking)
Our Competitive Advantage
There is hardly any city in the United States and perhaps in other parts of the world where there isn’t at least one bakery. People eat bread, cakes and snacks in all parts of the world and as such loads of people are already running their bakery businesses.
We are not ignorant of the fact that there are standard bakeries in Orlando, Florida, but that will not deter us from forging ahead to set – up our own bakery company. Top Taste Confectionaries has couple of factors that is counting as a positive for us; our competitive advantage in the marketplace.
One of our competitive advantage is that we are one of the few bakery companies that is not only involved in the sale of breads, cakes and snacks but also operate a government accredited bakery school where professional bakers are hatched and sent forth to start their own bakery business or manage their homes properly.
The fact that we offer consultancy services in line with what we do, gives us an edge over other bakery companies in the United States of America. We are of the view that if we are able to get it right from the outset, it will likely take us less time than projected for us to be amongst the top 5 bakery company in the whole of the United States of America.
9. SALES AND MARKETING STRATEGY
- Sources of Income
Cash flow is the lifeline of any business, which is why we have put plans in place to ensure that we have assorted bakery products that will guarantee that we generate enough income for the business. No doubt without sales – income, a business will definitely fold up and close shop.
We don’t intend to build a business that will struggle to pay the salaries of its workforce (overhead) and also struggle to maintain operational cost. Top Taste Confectionaries is set to take the market by storm with the variety of products we have on our stable. Here are the sources we have put in place to generate resources for Top Taste Confectionaries;
- Selling breads, cakes and snacks (wholesale and retailing)
- Offering home delivery services to our customers
- Recruiting, training and allocation of bakers to our clients (part of our consultancy services)
- Running a top notch government approved bakery institute in Orlando, Florida
- Offering consultancy services in line with our business goal
- Sales of drinks in all of our bakeries
10. Sales Forecast
It is important to state that our sales forecast is based on the data gathered during our feasibility studies and also some of the assumptions readily available on the field. This is for sales projections based on the operation of just one bakery outlet in Orlando, Florida.
Bread (Wheat, Flour Bread, Fruit Bread and all flavors and types of Bread on our stable:
- 5,000 Loaves of Bread Per Day
Snacks (Sandwich, Meat Pie, Scotch egg, Pizza, Burger, and Fish Pie et al):
- 10,000 pieces of snacks per day
Sales of Soft Drinks:
- On the average over 90% of people who purchase snacks are likely going to purchase soft drinks as well
- This equates to 9,000 bottles / cans / pet plastics of soft drinks
Sale / Supply of Cakes:
- 500 cakes per day
N.B: This projection is inclusive of the products we are likely going to sell in our outlets and the products we are to supply to other outlets / wholesale customers who in turn will retail our products. So, it might be a bit challenging to place a specific amount that we are likely going to make from the sales.
Please note that this projection is based on the first 6 months of opening shop to the general public meaning that the quantity of sales we make may likely double or triple after this 6 months.
- Marketing Strategy and Sales Strategy
We are quite aware that the market for breads, cakes and snacks is on the increase and won’t plummet anytime soon, and we are also aware that loads of entrepreneurs in Florida are into the sale of almost all the products that we have on our stable, save for the consultancy services that we render and the bakery institute that we operates.
In view of that, we have been able to work out plans that will help us win a large percentage of the available market in the cities where our bakeries located.
For the reason of the business goals that we have set for ourselves at Top Taste Confectionaries, we will continue to explore and improvise, so that we will remain relevant in the market place.In nut a shell, we will explore the following marketing and sales strategies to promote our bakery business;
- Direct Marketing
- Via Our Sponsored TV Programs and Community Based Events
- Erect Our Billboards in Strategic locations around the city
- Online Marketing (via our official website, social media platforms and blog et al)
- Referral Marketing
- Promotion of our products during our training sessions in our Bakery Institute
11. Publicity and Advertising Strategy
Bakery business especially products like breads and confectionaries might not necessarily need huge budget for publicity and advertisement. As a matter of fact if you the packaging of your bakery products are cool and the quality and quantity is in order, you wouldn’t struggle to sell your products.
Aside from our consultancy services and bakery institute, we don’t intend to spend huge amount for publicity and advertisement. We have perfected plans to maximize the recourse we have, to get the result (sales) that we require to make profits and expand the business. Here are the platforms we intend making use of to promote and advertise our business;
- Place adverts on both print and electronic media platforms
- Sponsor relevant community programs
- Leverage on the internet and social media platforms like; Instagram, Facebook , Badoo, et al
- Install our Billboards on strategic locations
- Engage in road shows from time to time
- Distribute our fliers and handbills to targeted areas from time to time
12. Startup Expenditure (Budget)
- The Total Fee for Registering the Business in Florida: $750.
- The budget for insurance, permits and license: $5,000
- The Amount needed to acquire a suitable Facility for 6 months in Orlando, Florida (face lifting of the facility inclusive): $75,000.
- The Cost for the purchase of furniture and gadgets (fridges, TVs, Sound System, tables and chairs et al): $20,000.
- The Cost for Bakery Equipment (Standard commercial oven, Proof boxes, Baking Sheets and Racks, Mixers, Work Tables, Sinks, Slicers, Scales, Cake decorating Tools, Ingredient Bins and baking utensils et al): $15,000
- The Cost for supply of flours, sugar, margarine, packaging materials and wheat et al for a month: $5,000.
- The Cost of Launching a Website: $600
- The cost for our opening party: $5,000
- Additional Expenditure (Business cards, Signage, Adverts and Promotions et al): $5,000
Going by the report from our research and feasibility studies, we will need an average $250,000 to set up a standard bakery in Orlando, Florida. From our projections, we are likely going to start making profits after the first 3 years of setting up the business and we have put plans in place to take care of the overhead and operational cost.
Generating Funding / Startup Capital for Top Taste Confectionaries
We don’t have the intention of bringing business partners outside the family to invest in the business, which is why we have restricted raising our startup capital to;
- Generate part of the start – up capital from personal
- Source for soft loans from family members and friends
- Apply for loan from the bank
N.B: We have been able to generate about $150,000 and we are at the final stage of obtaining a loan of $100,000 from our bank. All the papers and document have been signed and submitted, the loan has been approved and any moment from now our account will be credited.
13. Sustainability and Expansion Strategy
We don’t have the plans to invest hugely in our bakery business and watch the business fold up or struggle to make progress.
We have perfected our strategies on sustainability and expansion. Part of what we will do to stay relevant in the bakery business is to strive to maintain or increase of quality and quantity, to run bakery trainings and also offer consultancy services.
We have perfected plans to triple our sales every year and we also have plans to open different outlets of our bakery in different locations in Florida and other key cities in the United States of America.
Check List / Milestone
- Business Name Availability Check:>Completed
- Business Registration: Completed
- Opening of Corporate Bank Accounts: Completed
- Securing Point of Sales (POS) Machines: Completed
- Opening Mobile Money Accounts: Completed
- Opening Online Payment Platforms: Completed
- Application and Obtaining Tax Payer’s ID: In Progress
- Application for business license and permit: Completed
- Purchase of Insurance for the Business: Completed
- Renting of Facility and Construction of the Bakery: In Progress
- Conducting Feasibility Studies: Completed
- Generating capital from family members and friends: Completed
- Applications for Loan: In Progress
- writing of business plan: Completed
- Drafting of Employee’s Handbook: Completed
- Drafting of Contract Documents and other relevant Legal Documents: In Progress
- Design of The Company’s Logo: Completed
- Graphic Designs and Printing of Packaging Marketing / Promotional Materials: In Progress
- Recruitment of c employees: In Progress
- Purchase of the Needed furniture, electronic appliances and bakery equipment: In progress
- Creating Official Website for the Company: In Progress
- Creating Awareness for the business both online and in the neighborhood: In Progress
- Health and Safety and Fire Safety Arrangement: In Progress
- Opening party / launching party: In Progress
- Compilation of our list of products and detailed recipe: Completed
- Arrangement for trainers and training facility: In Progress
- Establishing business relationship with vendors – suppliers of all our needed raw materials: In Progress
- Purchase of delivery vans: Completed
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Miami-based Rosetta Bakery fails in bid to add Palm Beach location
Miami-based Rosetta Bakery's push to expand to Palm Beach came to a halt Wednesday after Town Council members said the proposed location and affordable menu would bring more visitors, including beachgoers, to Worth Avenue.
“It’s going to be one of the least expensive places on the island. So, who isn’t going to try to go there?” council member Julie Araskog said.
Seeking the council's approval to convert a retail space in the Salvatore Ferragamo building at 200 Worth Ave ., attorney Maura Ziska, representing Rosetta Bakery, said the business would only sell and prep food. All bakery items would be cooked at the company’s commissary kitchen in Miami, and delivered every other day at any time chosen by the council, she said.
Tomasso Bulfon, Rosetta's co-founder and chief operating officer, said they were aware of the town’s traffic and parking issues , and noted that he chose the Ferragamo building because of the southern parking lot that comes with the retail space, which has an address of 450 S. County Road.
“That’s why I turned down several proposals before this place because (they) didn’t have the dedicated parking spot for employees and for running the operation,” he said.
However, that location means converting a retail space into an eatery, a change Araskog and fellow council member Bridget Moran said would increase foot and automobile traffic in an already congested area.
Moran questioned who would benefit from the bakery.
“It worries me to have this type of food and beverage place so close to our public beach. So, I can envision people coming up and down Worth Avenue, because they don’t want to pack a picnic to go to the beach,” Moran said.
The bakery's primary target is employees and residents who may not have the time to dine at the town's restaurants, Ziska told Moran, citing herself as an example.
“I don’t want to sit down at a restaurant, I don’t have the time for that (during the day),” Ziska said.
Araskog said the town has enough bakeries and that the project's approval would set a harmful precedent of allowing retail spaces to be converted into eateries. She also said that the well-known South Florida chain can be considered a regional attraction, which is prohibited under the town's comprehensive plan.
The development review hearing for the Italian bakery also brought to light an issue with trucks offloading near the South County Road and Worth Avenue intersection.
Daniel Ponton, who lives on nearby Golfview Road, said he and other residents on the street have to contend with constant noise and traffic created by trucks parking in the Ferragamo building's parking lot or on South County Road's sidewalk.
The new bakery could exacerbate an already dire traffic situation in the area, Ponton said during the hearing's public comments.
He said most of the trucks don't even deliver to the Salvatore Ferragamo building, but instead make deliveries to The Colony Hotel on South County Road, or to locations farther west on Worth Avenue.
"The loading zone at the (Colony) hotel across the street from me is not big enough to take a semi truck ... So where do they park? They park right on the street, now some of them go halfway on the sidewalk, but then you can't use the sidewalk," said Ponton, who also sent in a letter of concern prior to the hearing.
While he was not against the town having a new bakery, Ponton said he could not support a project that would increase the amount of trucks coming to the area.
Council member Ted Cooney acknowledged Ponton's concerns, while noting that a takeout café would fit right at home in Worth Avenue, albeit not in the location proposed.
"Unfortunately this backs up to residences, which is why we have some other concerns, but philosophically a business like this in a commercial district is appropriate," Cooney said.
Council member Lew Crampton and President Bobbie Lindsay agreed with Cooney that a takeout bakery would be ideal for a pedestrian-focused commercial district, but also agreed with Moran and Araskog that a bakery would bring more business and foot traffic compared to a retail shop.
The council voted 4-1 to reject the proposal, with Cooney casting the nay vote. The council also called for the town's code enforcement officers to investigate the trucks off-loading near the South County Road and Worth Avenue intersection.
Diego Diaz Lasa is a journalist at the Palm Beach Daily News , part of the USA TODAY Florida Network. You can reach him at [email protected] .
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Opening a bakery business can be an exciting endeavor. Having a clear roadmap of the steps to open a business will help you stay focused on your goals and get started faster.. 1. Develop A Bakery Business Plan - The first step in opening a business is to create a detailed bakery business plan that outlines all aspects of the venture. This should include potential market size and target ...
A bakery business plan example can be a great resource to draw upon when creating your own plan, making sure that all the key components are included in your document. The bakery business plan sample below will give you an idea of what one should look like. It is not as comprehensive and successful in raising capital for your bakery as ...
1. Executive summary. The executive summary section of your bakery business plan summarizes the document and its contents. Remember, this is meant to highlight what's to come in your business plan, not serve as a summary of your business idea. Focus on your business's core strength to draw in your reader.
01. Executive summary. An executive summary is a concise and compelling overview of your bakery business plan, designed to capture the reader's attention and provide a snapshot of the entire plan. This section should be written last (after you've crafted the rest of the plan), to ensure that it accurately reflects the key points and highlights ...
Bakery Business Plan Sample Sections. To help you fill in your own business plan, here we'll cover what you need to include in each section. 1. Executive Summary. Your executive summary is the most important part of your business plan, even though it's usually written last. The goal of this section is to give an overview of what will be ...
Step 4: Regularly Review and Update Your Plan. A bakery business plan is a dynamic document that should be regularly reviewed and updated. In the initial months of operating your bakery, review and update your plan frequently to reflect any changes, refine calculations, and adjust assumptions.
Free sample bakery business plan template. If you're ready to start your own bakery business, you can download our free sample bakery business plan from our library of over 550 sample business plans. Get started today, and discover why businesses that plan grow 30% faster than those that don't.
Explore a real-world bakery business plan example and download a free template with this information to start writing your own business plan. Don't bother with copy and paste. Get this complete sample business plan as a free text document. Download for free.
If you'd like to quickly and easily complete your business plan, download Growthink's Ultimate Bakery Business Plan Template and complete your plan and financial model in hours. In this section you should also give an overview of the type of bakery you operate or will operate in the future. For example, do you or will you operate a: Quickly ...
This part of the business plan is where you determine and document your marketing plan. . Your plan should be clearly laid out, including the following 4 Ps. Product/Service: Detail your product/service offerings here. Document their features and benefits. Price: Document your pricing strategy here.
Check out these sample bakery business plans and get inspired to start building your own bakery today. You can also read our comprehensive guide on how to write a bakery business plan. Explore our library of Bakery Business Plan Templates and find inspiration for your own business.
Bakery Business Plan Sample Outline. A traditional bakery business plan sample has the seven sections, all outlined below. Read on to learn more about what each section is. And, download the free bakery business plan template if you want to follow along and start jotting down your ideas. 1. Executive Summary for a Bakery Business
Our bakery business plan is designed to encompass all crucial elements required for a thorough strategic approach. It details the bakery's operations, marketing strategy, market environment, competitors, management team, and financial projections, ensuring a holistic view of the business's path to success. Executive Summary: Offers an ...
An organizational chart example for a bakery 6. Financial Plan. The financial plan is perhaps, with the executive summary, the most important section of any business plan for a bakery. Indeed, a solid financial plan tells lenders that your business is viable and can repay the loan you need from them.
2. Company Overview and Description. The first step in writing a bakery business plan is to compose a company overview of your business. The overview should explain why you want to open a bakery, so you can show your financial source that you're passionate about the business you want to start. While a bakery may sound self-explanatory, use ...
Bakery Plan Executive Summary. As the first section of your business plan, the executive summary is your prime opportunity to make a great impression with a concise summary of your bakery's concept. An executive summary introduces key elements of your business plan like an overview of the budget, the business's mission, market, and core values.
Step 1: Write a Company Overview. The first section you'll write for your business plan is the company overview. A company overview is just what it sounds like, an overview of your company. When writing this section, it can help to take a step back and think about your company from a bird's eye view.
6. Bakery store design and layout. An effective bakery business plan must include a blueprint of your bakery shop's layout and design to demonstrate the bakery's concept practically to the readers. Mention your bakery size and the space allocated for the back of the house and front of the house operations.
Follow these tips to quickly develop a working business plan from this sample. 1. Don't worry about finding an exact match. We have over 550 sample business plan templates. So, make sure the plan is a close match, but don't get hung up on the details. Your business is unique and will differ from any example or template you come across.
Bakery Business Plan. If you want to start a bakery or expand your current bakery, you need a business plan. The following sample bakery business plan gives you the key elements to include in a winning business plan. It can be used to create a business plan for a dessert bakery, bread bakery, cake bakery, and other businesses that sell baked goods.
Download Templates. Here are templates and real bakery business plan examples you can use as inspiration to setup your own business structure. These are available for download in PowerPoint, Google Docs, and PDF files. Bakery Business Plan PowerPoint. Bakery Business Plan Google Docs.
3. Create a Menu. A menu is the heart and soul of every business that sells and serves food items, especially restaurants, coffee shops, and bakeries. So, make sure to make a bakery menu that can represent your business's identity correctly. Use your creativity and baking knowledge to the fullest. 4.
A Sample Home Bakery Business Plan Template 1. Industry Overview. The bakery industry has come a long way, and will continue to evolve with countless of bakers bringing creativity into the industry. The Baked foods production has been in existence for tens of centuries. In the true sense of the word, it has been around for over two thousand years.
Miami-based Rosetta Bakery fails in bid to add Palm Beach location. Miami-based Rosetta Bakery's push to expand to Palm Beach came to a halt Wednesday after Town Council members said the proposed ...