Bakery Business Plan, Marketing Plan, How To Guide, and Funding Directory
The Bakery Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start a Bakery business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be immediately emailed to you after you make your purchase.
Product Specifications (please see images below):
- Bank/Investor Ready
- Complete Industry Research for the Industry
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Marketing Plan (24 to 28 pages)
- 425+ Page Funding Directory
- PowerPoint Presentation
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- How to Start a Business Guide
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PowerPoint Format
- Meets SBA Requirements
Bakeries are very popular businesses in small towns and large cities. People love baked goods and as such the year is a continued demand for these products on a daily basis. Most bakeries are able to remain profitable in any economic climate given that they’re able to provide their baked goods not only to the general public but also to commercial enterprises as well. The barriers to entry for a new bakery are moderately low given that there is not a tremendous amount of capital needed to start these businesses. Typically, the startup costs for new bakery range anywhere from $25,000-$200,000 depending on whether or not the business is going to maintain a very large-scale retail facility. In high-traffic urban areas, the startup costs are generally considered higher given the higher rental expense.
Investors, financial institutions, and banks are usually very receptive to lending and providing capital for new bakery operations. This is due to the fact that much of the capital sought is usually used for the acquisition of tangible equipment. Additionally, the gross margins generated by bakery usually range anywhere from 75% to 85% depending on the types of baked goods offered to the general public. If an entrepreneur is looking to raise capital for their new business than they are going to need a bakery business plan. This business plan should include a three-year profit and loss statement, balance sheet, cash flow analysis, breakeven analysis, and business ratios page that a lender or potential funding source can review in order to make a lending or a investment decision. In addition to the financial information, a well-developed market research study should also be conducted. This should include information regarding other bakeries that may be competitors, population size, population density, effective market radius, median household income, median family income, and other pertinent information that relates to the demographics of the market in which the bakery will be launching its operations.
A bakery marketing campaign had marketing plan should focus significantly on developing ongoing relationships with restaurants, hotels, bars, and hospitality businesses that will place recurring purchase orders with the business on an ongoing basis. By maintaining these ongoing purchase order relationships – most bakeries are able to remain profitable at all times given this highly predictable sugar revenue. Beyond these relationships, a bakery should also maintain an extensive presence online. This includes not only developing a proprietary website but also maintaining profiles on popular social media platforms such as Facebook and Twitter. As it relates to the proprietary website, information regarding the location, products offered, pricing information, catering information, and related service information should be included. As it relates to social media, profiles that allow individuals to write reviews should be established so that the bakeries developed a strong brand name within its market. As many people now use both Internet searches as well as social media to find local businesses – it is imperative that a new bakery ensures that its brand names extremely visible within any local market.
Beyond the business plan and marketing plan, a bakery SWOT analysis should also be developed. This analysis should encompass the strengths, weaknesses, opportunities, and threats that are normally associated with a bakery. As it relates the strengths, bakeries are able to generate highly predictable streams of revenue from their sale of baked goods coupled with moderately high gross margins. For opportunities, ongoing relationships with hospitality and food and beverage businesses are one of the ways that a bakery can rapidly expand its revenues starting at the onset of operations. Pertaining to weaknesses, within any market there are usually a number of other bakeries that operate in a similar capacity. As such, an owner operator must look for ways to differentiate their location from that of competitors. Relating to threats, there’s really nothing outside of a drastic economic recession that would impact the revenues of a bakery business.