Count the Costs and Build Wisely
Rather than jump into a huge expense to get your baking business off the ground, I would advise you test the water by dipping your toe in first. I have recommended that you start slowly and not go into huge debt to start your business, “been there, done that, got the t-shirt.”
If you love to bake and hope to make money doing that, there are ways to wade into the business before you begin to throw huge amounts of money into it. Believe me, brick & mortar stores, lease hold improvements, fancy build-outs, leases, commercial kitchens, etc are a big investment.
For many of us, our goal in wanting to start a baking business is to help our families finances, but borrowing money to do the things I just mentioned could greatly jeopardize the financial welfare of our families.
I know I am repeating myself, but I am passionate about helping others avoid the mistakes I made. Many of us have the illusion that if we open the doors of a business, bags of money instantly appear in our bank accounts.
In reality, making bad decisions will do just the opposite, we could see our assets drained.
Okay, I am talking to people who are regular everyday folks who simply want to build a little business that will fulfill their dreams. If you are striving to be the next McDonalds, and you have the funding to do that, you obviously don’t need my advice.
I have been thinking about a baby step that can serve as the first step in building a solid foundation. I know that you are anxious to start selling your products, but perhaps a way to start slowly would be to start a “sinking fund” (another name for a savings account). Even little businesses usually require some start up money, so it is a good idea to get some money trickling into an account whose sole purpose is to fund your business.
One way to do that would be to start a blog that talks about your expertise in baking or cooking. You know a lot, sharing some of that knowledge with others could be a way to start funding your dream business.
Blogging is easy and fun. You don’t have to know all sorts of technology to be able to create a successful blog. There are very user friendly ways to get started doing that today, and they can be low cost or even free.
If you are reading this blog, you can see how easy it is. You simply write about what you are passionate about or just enjoy doing. All of us have plenty of experience that we can share with others. Don’t be shy about sharing.
Take a look, we are talking about baking here. If you are reading this, you are interested in baking or cooking, and are considering the possibilities of starting a business doing that. That is the content for your blog.
You love to bake/cook. There are great stories you can tell about your triumphs as well as disasters you have had with cooking. We all have those, and people interested in cooking/baking will enjoy reading about those. There is a lot of interest in baking/cooking these days. If you doubt that, take a look at the number of cooking shows you can watch each and every day.
You may agree with all of that, but still be intimidated by the thought of starting a foodie blog. I found a resource that offers great tips on how to not only start a foodie blog, but also make money with it. It not only gives valuable information about a starting a foodie blog, it give good information about blogging in general, and how to start finding good traffic for your blog.
Here is a link to an ebook that will tell you:
- how a blog can make you money
- how to set it up and design it using free tools
- how to generate traffic to your blog
- what content you can include in your blog
- and a lot more……
There is a small investment, just $14.95 and you will have the information you need to start blogging. Once you start, you won’t want to stop! The ebook is called “How to Start A Recipe Blog for Fun & Profit”. You can get it by clicking here:
“https://www.doughraisingmom.com/foodblog“>
Once you purchase that ebook, it will give you an immediate download, so you can get busy. It will take awhile to get good consistent traffic, but it is so important to post often so the search engines visit your site often. If you can post something everyday, you will begin to see results much faster.
If you have questions, please contact me and I will try and help. You have your work cut out for you, enjoy. I want to be honest with you & let you know that the link I provided is an affiliate link that will be a blessing to my family. If you prefer, you can go to Just Add Sweat.com.
photo credit: wfeiden
