If you’re thinking of starting a cupcake business there are certain things that you can do to benefit you during your first weeks.
Practice the Skills Needed to Run a Cupcake Company
At first you might be a little worried about what others think about your cupcakes. Have confidence in yourself and what you’re doing, just remember that your skills will develop a lot while you’re running your business and the more experience you receive, the better you will become.
Even when you’re not busy try to spend time learning something new. Practice getting better at something that you specifically feel needs improving such as decorating, piping or developing new ideas to make additional money, giant cupcakes for example.
Look at what else you can offer that you currently aren’t and focus on getting it to a high enough standard that you can start making money from it.
As we mentioned previously, make sure that your unique selling points are developed to a very high standard, doing this will set you apart from the competition and you’ll soon be seen as a professional in your field gaining the confidence of more potential customers.
Legally Running a Cupcake Business From Home
Once you’re prepared to take the big step and start your new business you will need to inform the local council. They will then arrange for an inspector from the Food Standards Agency to visit your home to inspect your kitchen and work area (make sure it’s always clean and tidy).
You should also have:
- A separate hand wash sink
- A separate fridge
- Adequate storage for ingredients and utensils
- Washable work surfaces
A certificate will then be awarded to you based upon how well you did, this can range from 1-5 stars with 5 stars being the best. Be proud of your accomplishment and display it to remind yourself of how well you’re doing already! You can also display this on your website to give you customer piece of mind.
Tax for a Home Based Business
Finally, for tax purposes you will need to have registered as Self Employed. Details about this can be found on our Self Employment and Tax page.
If you are unsure about financial issues you should get in touch with a local accountant and meet with them before trying to set everything up yourself. It’s extremely easy to do things wrong, this can cause you a lot of hassle and money in the future, then you’ll need to get an accountant to sort the mess out anyway!
Carry Out Research into Your Industry and Customers
The cupcake industry had grown to an unbelievable size over the past few years and you will need to research what other businesses are doing to help them succeed.
A few things to get you started are:
- Study your local competition, what can you offer that they can’t?
- Keep up to date with the latest trends and products
- Who is going to buy your cupcakes and what kind of person are they?