Got the talent and passion for all things confectionery? Are you thinking about opening up a bakery? Can you already imagine the joy of your customers looking at the different cakes and pastries on display for sale and how they will be delighted by their sight?
If your answer is a resounding ‘yes’ to all of these questions, then perhaps you are ready to find out how you can open a bakeshop in the Philippines. But before then, there are a few more questions you need to ask in order to understand how you can run the business.
Cakes are sweet and all. But running a cake business is not going to be all smooth sailing. There will be a few bumps along the way, which you should definitely prepare for. Below are some of the questions you definitely need to be asking before you establish a cake business.
One of the first questions your need to ask yourself is ‘what kind of bakeshop you’d like to open?’ To answer this, you need to fully assess your talents, budget, and goals. A few options you can consider are an online bakery, a cupcake store, a specialty cake shop, or even a franchise of your favorite cake store.
The first four are you choices if you’d like to bake your own cakes. However, if you like selling your favorite cakes and if you prefer to take a back step on the baking part, then franchising is your best bet!
In franchising, you don’t have to pay for advertising to get more people to talk about it. You can rely on the brand to help you gain more customers. With this choice, you also don’t need to pay for a huge capital to get it started.
Location is a key part in establishing a cake shop. You want somewhere that already has a lot of people (i.e. shopping malls), someplace where you don’t have to do much in order to bring people. Simply put, you need a location that is easily accessible.
Afterwards, try asking if there’s a space that you can rent or buy for you to set up shop. Consider the size of the space. Will it fit all of your necessary equipment? Will you have a spot where your customers can dine? Or is it just enough to bake and display your goods, meaning people would just be coming and going?
Whatever you decide upon, be sure that you are happy and it can accommodate your budget as well as your needs for a cake shop.
Filipino foodies and dessert lovers alike will always seek the answer to the question: Where to buy the best cakes in the Philippines?
For those who are planning to set up a bakery from scratch, you must determine all the goods you will be serving to your customers. Apart from that, you must decide their pricing. However, if you are going to simply franchise, then the products you will be selling are the same things being offered by other franchises. Just be sure that they will be baked as fresh as possible. If you are going to hire a baker, tell them to follow the recipes provided to you. This way, you will satisfy your customers, since they surely have some idea of what you are offering.
When it comes to starting a business, people often worry mostly about the resources they have to start the business. But this shouldn’t be the case, they must also develop a long-term plan. Therefore, they must take into careful consideration the resources they have not only to jump-start the business, but also how they’ll be able to sustain it.
Keep in mind that in franchising, even though it may not be as expensive as starting your own cake shop, you still need money to start your venture.
It takes a lot of courage to put yourself out there as an entrepreneur and to show off your baked goods to the world. Even though it takes a lot of responsibility and even though the process is full of challenges, nothing changes the fact that you are passionate and excited about moving forward in building the business that you love.
Answering the question of how to open a bakeshop in the Philippines is quite simple if you think about it. You just need to key in major factors that will be vital in running your cake shop. In order to do this, ask yourself the questions listed above. Once you’ve internalized all the answers and you are sure you want to start the business, then get ready to actually put in the effort to make it a success.