Roshini is often praised for making good cakes studying home science has given her confidence to start her own cake business what resorces she will need and what management process she will use do so
Answers
1. Creating an overview of the business in mind, layout details, future plans, and potential profit from the business. Planning on the type of target market and the types of service like catering service, wedding cakes, or a cake shop outlet.
2. Register the business under a name with the State's administration for the small-scale business. Check if the name for your business is available or already taken.
3. Apply a form to the Internal Revenue Service for acquiring an Employee Identification Number for tax purposes.
4. Finalise the location. It can also be started as a small business from the home kitchen or can be collaborated with a hotel or it can be a complete store on its own. Check for the renting details and plan the space for retail displays, the prepping area, for raw materials, and for baking.
5. Obtain permission from the Health Department regarding the cleanliness and gather all the information about all the permits and needed licenses. Collect information about the sales tax payments.
6. Create marketing strategies and promote the business by talking to the catering services, wedding planners, food and wine expos, and event planners. If it a retail store, then try offering discounts.
The basic things needed for starting a cake business are:
i. Cake pans
ii. Parchment paper
iii. Sharp knives, especially X-Acto knives.
iv. Cake boards of drums
v. Offset spatulas and bench scrapers
vi. Turntables
vii. Shortening
viii. Powdered sugar or cornstarch
ix. Large and small fondant rollers
x. Fondant smoothers
xi. Paintbrushes
The following steps can be taken in order to start a cake business:
i. Decide the business structure for the bakery - A person can choose to operate as a partnership, limited liability company or sole proprietorship.
ii. Write out a thorough business plan - Decide who will manage the business, market the goods and finance the business.
iii. Find an ideal location for the bakery.
iv. Get the necessary licenses and permissions to start a food business.
v. Write the menu and determine the items which will be required like flour, vanilla and other flavours.
vi. Determine the commercial kitchen equipment and utensils that will be needed.
vii. Obtain all the information about the suppliers of the materials needed for the business.
viii. Set the price of each cake according to the material cost and labour cost involved in producing it.
ix. Order enough materials for 1 or 2 months of operation.
x. Decorate the location properly. Invest in professional banners and signs for the storefront.