Question

Roshini is often praised for making good cakes . studying home science has given her confidence to start her own cake bussiness?What resources she will need and what management process she will use do so.

Answer 1

To start a cake business, here are the points and activities to be taken care of.

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.