What does it take to open a bakery?
Pastry Planning
Once you have the idea of opening a bakery, the first cashapp database is to plan. Decide whether you want to renovate an existing bakery, create your own bakery or even a food truck selling delicious cupcakes! Sketch out in detail what type of bakery you want.
Here are some questions that can help in the process of defining the bakery’s identity:
Do you want to have a large space with several tables or open a small bakery?
Will you opt for a relaxed environment or a more formal space?
Will you have a variety of cakes or will you opt for a niche (e.g. cupcakes or Berlin balls)?
Will you provide drinks to complement the service?
Pastry Costs
It is important to assess how much it will cost to open the bakery you want. Identify the investment required and all associated costs. If you want to change an established bakery in the market, analyze the business in detail (access the turnover, assess the condition of the equipment, ask about the number of customers, etc.).
If you choose franchising, a business format that is widely used in the market, find out about the sector, franchising opportunities and the costs involved. Check out opportunities online, for example:
Cuttlefish & Hazelnut
Loops & Coffee
The Pastry Shop of Chaves
Art & Cakes - Cake Design Store
Churroti - Churros and Roti
Granier
Bread to Go
Typically, the biggest chunk of money goes towards the equipment you will need to purchase, especially if you open a bakery that makes your own pastries:
Franchising expenses (if applicable);
Space remodeling works;
Basic equipment (counter, displays, tables and chairs);
Kitchen equipment (machines, oven, etc.);
Space decoration;
Air conditioning, sound and image system;
Computer software and equipment;
Supplier expenses;
Employee salaries and respective social obligations;
Income and/or loan repayment;
Expenses for water, electricity, gas, telephone, television and internet;
Cleaning services;
Accounting and insurance services;
Marketing, Promotion and Advertising;
Equipment maintenance.
Pastry Financing
If you need financing to open a bakery, you can do so in several ways:
Bank credit or microcredit - consult several banks and choose the most advantageous proposal;
IEFP support - with access to credit lines such as Microinvest and Invest+;
Crowfunding - online collaborative financing;
Financing for young entrepreneurs - Finicia .
Recruitment of Staff for the Pastry Shop
The soul of a bakery is, without a doubt, an excellent baker! Hire professionals with taste and experience in the field, who master the essentials, but who also have a creative and innovative spirit:
Pastry chefs;
Kitchen helpers;
Counter and table staff;
Cleaning team.
If you have any questions about how and what type of staff you should hire, you can consult our articles How to Conduct a Job Interview and Advantages and Disadvantages of Part-time Work .
Contracting Services for Pastry Shops
Choose a certified invoicing software that meets the needs of your bakery. Vendus online invoicing software is an excellent option that works on laptops, mobile phones and tablets:
Fast and no installation required;
Low cost monthly or annual payment;
Purchasing management;
Presentation of statistics and reports;
Compatible with receipt printers and A4 printers;
Free updates;
Phone, email and chat support.
To help you with all financial and tax matters, consider hiring an accountant. This will ensure that you comply with all existing tax and legal obligations.
Where to Set Up a Pastry Shop?
Before choosing a location, analyze the existing bakeries in the area. Analyzing the competition allows you to identify other bakeries and their strengths. It provides relevant information about customers, their characteristics and their tastes. With this analysis, you can also find the standout factor that will make your bakery stand out!
