Question

i want to open my own bakery.... what are somethings i should look out for?

like costs, location, stuff i should sell( other than just bread, rolls, cake, candy, cupcake,tarts, coffee) how to deal with troubling customers. should i have customers do a security deposit on cakes over $100? and should i pick a college town? or a college city? any ethnic or cultural(like southern, californian, western, cajun, etc) food that is fairly cheap to make? anythig that i missd that could go into a bakery( minus donuts. i refuse to make anything fried as well)

10 months ago - 3 answers

Best Answer

Chosen by Asker

You should work in a professional independent bakery for a couple of years before you even think about opening one. The second biggest mistake that people who want to own small businesses make is not knowing the field well enough. The first biggest mistake is undercapitalization, that is, most small businesses fail because the owner didn't really have enough money to keep the business going until it starts turning a profit.

Look up SCORE (Service Corps Of Retired Executives) in your area, and ask for a mentor. This is free, and you'll get a lot of specific help.

10 months ago

Other Answers

OP gave you the best advice. Go to SCORE in your area because there is a lot to know when opening a retail location, and what to sell is the least of it.

by G N A - 10 months ago

Go to www.score.org/mentors and enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a volunteer SCORE mentor. They will guide you through the process and you can meet with them as many times as you need to.

SCORE is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide and is a resource partner with the U.S. Small Business Administration (SBA).

SCORE has 364 chapters in locations throughout the United States and its territories, with 13,000 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business mentors.

by Henry - 10 months ago