Managing a bakery is very exciting, especially if you’re a foodie. A passion for baking exquisite cakes and a tinge of creativity can go a long way to establish a strong backbone for your business. You have high hopes for your endeavors in the baking industry.
If you own a bakery, you have probably made a handsome investment and if you plan to start one, you are definitely in for some financial planning. After all the hard work of opening a bakery, if it’s not managed well, your business may go downhill; probably not something you envisioned.
To add to that, the market is a dynamic place. Something brandished virally on Facebook, YouTube or other social media platforms may not take long to appear on your nearest outlets, creeping its way towards becoming the norm.
We live in a constantly changing world where change is the only thing constant. If you fail to attune yourself with the perpetually changing business environment, your venture will be over sooner than you think. One needs to be updated about the current market trends.
After all, if the management is unsteady, the effects can be detrimental to your business. So let’s go through a few quick tips to manage your bakery business.
Train and motivate your men:
This is the foremost thing you want to achieve. A well-trained staff will go a long way towards achieving your goals. Taste all the delicacies you plan to sell and make sure you get the desired taste from all of them.
Train your staff to work up to the standards you have set in terms of dress code, hygiene, quality and customer service. Let them know about your short term and long term goals. Keep them motivated. By sheer training and dedication, you can get orders for wholesale bakery products from your customers
Do not take your staff for granted. An unappreciated and overworked staff can be detrimental for your business as it is bound to decrease your revenue in one way or another.
This doesn’t mean lowering your standard of expected discipline. Just treat them with respect and they will take care of the rest. Do something new from time to time. For instance, introduce a new recipe every once in a while to keep them involved and away from the grasps of monotony.
Take them out for a trip once a year to let them bond beyond the walls of their workplace.
Having your staff working in an organized fashion can do wonders for your business.
Website and social media handles:
These days we are well aware of the importance of online presence. Appearing on social media sites not only legitimizes your business but is also a cost-effective way to market your product.
Make sure your bakery is present on all trending social media platforms. Building a website for your bakery will boost your vibe of professionalism.
There are many developers to help you build an effective low-cost website. Optimize your website by including terms closely related to your business. This is known as Search Engine Optimization or SEO. This technique will help your business appear on the initial pages of Google. On social media, you can get orders for wholesale bakery products from your customers.
What is unique about your storefront? What extra edge do you exercise over your competitors?
Give your customers a reason to come. Do something to spark out a gossip amongst your target audience so that your brand name enters their psyche.
You can add a mobile van to reach out to customers. Even painting your delivery van with something wacky to get into people’s heads is a great marketing strategy.
You may also invent a scrumptious signature dish that is exclusively available at your store. It could be your grandma’s recipe or something you invented yourself. Just come up with something good and try to market it as much as possible.
Manage your team:
After putting in all the efforts and hiring the best-trained staff, your business can still run amuck if your staff is not able to coordinate properly on the grounds of internal dispute.
Even the best employees can fall prey to arguments and if not monitored, it can be deleterious to your business. So whenever you see sparks or signs of discontent, just talk to your employees and settle whatever has been troubling them.
This will go a long way towards your skillset as an efficient business manager.
Manage your finances:
Financial planning is the backbone of any business. You should always keep a tab on your finances at any given time. What are your estimated expenses? What is your expected budget? Try answering these kinds of questions.
Chalk out a financial plan for every quarter and act accordingly.
Craft this plan with a lot of brainstorming.
Include all the possible factors that require financial attention and spend your money based strongly on your priorities. Keep a sizable amount aside to tackle unforeseen scenarios.
We know very well the importance of marketing. It is the key to bring business to your bakery.
Spare some amount for marketing as well. It is a very crucial step.
Also, keep an eye on your running costs. Do not make hasty investments that you don’t need to or which have minimum returns.
Use your money where it is required. You don’t want to run out of finances when you need them the most. Hire new employees only when required. Put a cap on each type of expense. Don’t exceed these set limits unless under dire necessity. For this, you can also choose to invest in disposable bakery supplies.
With these things in place, you should go a long way with your bakery. Happy baking.