Posts tagged starting a cake decorating business
Many people do not think of starting cake decorating as a business from the beginning. They often start it as a hobby making cakes for friends and family occasions. They then start getting requests from other friends and family members to make cakes for them. This causes them to consider doing it as business to cater for other people in the community who may also require cakes for their special occasions. One nice thing about this business, among others, is that you can do it from home with all the freedom. You can work when you want and set your own prices as long you have demand for your cakes. Many artistic decorators have children at home and would like to stay and take care of them and still make a living. Cake making and cake decorating business can be very appealing in such cases.
What Do You Need To Know Before You Start
Have you thought about going into the cake decorating business? Have you thought of the possibility of doing if from home? For you to succeed, you will need at least two things. You need to have a well thought out business plan and you need to be good in time management. This can be a very profitable business if you work it out well. The business plan would have determined the profitability of the business in your particular locality. If there is sufficient demand for example. If your community has many young families who have small kids and birthdays are very common then a cake business could be appealing. In such cases you may expect good demand for your cakes.
Cake decorating business can be fun but it you should be aware that it also requires time, effort and money to get it off the ground. To start off you will need to know a few icing tips, you will need a heavy duty mixer, mixing bowls, food coloring, spatula, the right cake pans, enough room to work without being cramped and an oven. Though time consuming, cake decorating business is rewarding and enjoyable.
At the outset you will need to set the record straight. You will need to treat family and friends as customers. You should charge them the cakes they order i.e. no free cakes unless as part of a discount but that is to be discouraged also. You are in business to make money. It costs you to make the cakes. It is advisable to check nearby bakeries to find out what they charge for similar cake decorating. You should charge comparable prices. You should win customers through quality. Initially you will probably be making on average very little per hour as you only charge per cake and not for your time. As you get more and more orders you may be able pay yourself a salary. In fact you may approach nearby bakeries and stores to supply them. This may require that you invest in more equipment and hire some people to help you out. You may also require getting premises for doing the business! This may not be so appealing if one of the reasons you started the business was to stay at home with your kids.
Your business can make better cakes than the bakeries near you. You can also offer variety in cake flavors, unique decorating options. You can also offer discounts to regular customers from time to time. After some time you may become very popular. You can then start charging a premium once you are confident that your cakes are superior to those by the competition near you.
Advantages of Operating Your Own Cake Decorating Business
Here are some advantages of operating a legal cake decorating business from your home:
1. You choose when to work and when to take breaks.
2. You will not have most of the common overheads of operating a shop.
3. You will have more time to spend and care for your family.
4. You can set your own working hours e.g. even at night if it suits you.
However you need to very disciplined, organized and self-motivated. You will be your own boss. No one will be there to supervise you. You will need to know the basics of doing business e.g. keeping records, banking, etc…
Before you embark on cake decorating as a business, you will need to consult with your family. Are they for the idea? Since your weekends may be tied up baking cakes as most events take place during weekends will you sacrifice the time you normally spend with your family and will they be so understanding? You will also need to check with the local authorities to find out whether there are any special requirements, for example hygiene requirements that you are supposed to meet.