Cake Business

Introduction

You have been dreaming of launching your own cake shop since you were 12. Baking cakes is all you think. With each new day, your mind gives you more and more ideas to decorate your cakes and find new flavors. All this determination, all the hard work that you have been putting in for a long time, has finally paid off. Here, you are taking the initial steps to start your own cake business. Suppose you are living in any part of the world where there is already a variety of bakery shops. You want to open your own cake shop right in the middle of all this competition. How will you do it? How can you make people come to your shop instead of the ones they have been going on for a long time and try your cakes? There’s no lying you will face a lot of challenges.

A baker facing challenges while baking
A baker facing challenges while baking

When you’re playing with dough you would have to deal with technological problems relevant to your dough’s rheological properties. Then the final product look might not turn out to be what you expected. For that, you’d continuously have to think of sustainable innovations in baking and look for improvement strategies that can help you bake better.

Did you know?

In the year 2020, the market size of the bakery industry on a global scale was around $331.37 billion. Now that is quite a number and is expected to reach $436.91 billion by the end of 2026. This figure clearly shows this industry has potential and thus you can invest in this business.

Coming back to our discussion about how we can make other people try our cakes. We need to think something out of the box and offer these customers something that has taste and quality.

With that, they also like to see new and unique items be offered and if you offer them something unique, they wouldn’t mind trying. So, you have locked the place in your mind but how will you manage all of it? This business isn’t easy and it sure doesn’t have a few tasks on its plate. You will be taking care of everything. From managing inventory to taking care of finances along with baking cakes. Most of all, for the baking part, you would need to keep track of all the ingredients. Then comes labor as you can’t do all of this alone and would eventually need to hire some labor. Who is going to keep track of all this?

What if I tell you that there is an app that can take care of all these things?

Bake Boost – The Everything App for Bakers

is designed to help bakers like you take care of all their business activities. You would be surprised to find out how much this app has to offer. From helping you set up an online store to managing all your orders, taking care of customer queries, giving access to marketing tools, delivery tracking, and so much more. When all of these tasks are taken care of by Bake Boost, you will have plenty of time to focus on what you do best that is, bake cakes.

But as we talked earlier, this journey isn’t easy and you will be facing many challenges on the way. That is why we have jotted down some challenges that you might face and how Bake Boost can help you understand how to overcome baking challenges.

Market saturation

As of April 2024, there are 3195 cake shops and bakeries in New York, America. This number is quite something. Suppose, if you are planning to open your cake shop in New York how will you cope with all this competition? The market is already saturated and you need something unique for your customers. And for that, you need to find your niche and think of something artistic to target your audience.

Next, you need to think of a sweet yet strong logo for your brand that represents your passion. Bake Boost can help you with that as it offers plenty of ideas.

Accurate costing can be a challenge

Being a startup, you will find trouble calculating all your costs. You will feel like everything is coming up your throat. But you need to be focused enough and factor in all your expenses. Let us give you an overview of some things that need calculation and would help you calculate your total cost. This includes labor costs, recipe ingredient costs, petrol costs, time spent baking and decorating your cakes, and some overhead expenses. Calculating these expenses will give you a very clear idea of how much you have spent. Again, Bake Boost can do all these calculations for you saving you a lot of time and effort.

Managing your ingredients

A large portion of ingredients go to waste due to the fact that the baker doesn’t know how much to buy. It is very important to manage your stock levels based on how many orders you get. The best solution to this problem is offered by Bake Boost. Through this app, you can keep track of all the upcoming orders. Once you know how many orders you’ve got, you can buy the ingredients accordingly.

Image of rich ingredients while baking cakes
Image of rich ingredients while baking cakes

Multitasking can be tough

Being an entrepreneur, you will have a lot on your plate. The same is the case in this business as you will not only be baking cakes but taking care of your accounts, staff, customers, and whatnot. You can either outsource your tasks or even subscribe to Bake Boost as it can take care of many things.

  • You can get daily reports on your production, sales, and orders.
  • You will get a daily overview of your material consumption.
  • It allows you to manage your inventory more efficiently.

And many other features are offered by Bake Boost to help you succeed in this business.

Patience and continuous hard work are the key to success. We know you are working very hard to make high quality and mouth-watering cakes and that is why we are here to help you with the rest of the matters. So, take a look at our app Bake Boost today and see for yourself what it offers, and then subscribe to a plan that suits you, till then take care and HAPPY BAKING

Maham Ubaid

09-05-2024