Whether you’re thinking of running a small business as a hobby or growing steadily into a business that deals with corporate clients and hundreds of orders per week, we’re here to help.
In the current economic situation many people are turning to alternative forms of income and running your own cupcake business can give you this opportunity. A home cupcake business is also relatively low on start up costs making it ideal for someone who wants to dip their toes into the world of entrepreneurship.
You may be a huge baking enthusiast looking to make money from your love of all things sweet or you might be someone looking to try something completely new and develop your business skills. Whatever the case may be, a cupcake business ran from home is a relatively low risk business and one that can definitely make money.
We’ve provided a list of some of the essential equipment you will need on our Cupcake Business Equipment page.
Before starting your new business, some things to consider are:
Here are some important articles to read if you are just about to OR have only just started your new business.
Be a Cake Specialist
To succeed with your new cupcake business you will most definitely have to specialise in a particular area.
This may be something that you simply stumble upon one day while preparing an order or it may be something that you know no one else is offering.
You need that extra something to make potential customers come to you for their cupcakes instead of a competitor.
Here are some examples:
• Highly sophisticated and unique designs
• All ingredients are organic / fair trade
• Exceptional customer service
• Specialist cupcake delivery service
Plan Your Bakery Journey
This is one of the most important aspects of any successful business, if you don’t have a plan in mind then you will have no idea of the direction your business is headed in.
Will you eventually move into a shop, an industrial unit, extend your house, franchise, the outcomes are extremely varied, but if you haven’t planned then you may end up not achieving any of them.
Planning what you are going to do and how you are going to do it will give you a much better idea of how you will achieve the goals that you’ve set out!
Going it Alone
Will you be running the business by yourself or will you be joining with a partner in a partnership?
This is something to consider even in the early stages of your business. You may be fine running it on your own for a while, but once you start to get orders coming in on a regular basis you will soon need to consider having someone else to help you.
You may even find yourself in the position of taking someone on part time as a receptionist or delivery driver.