Starting a Bakery? Wait; Do You Have a Business Plan?

Even if you want bakery business to be a hobby or part time, a business plan is a must. No hobby is pleasant if it brings you loss.

Now if your home based bakery is going to be your full time business and or you intend to grow it bigger in future, a business plan is a must again, after all you are going to make loving out of it.

So, starting with a business plan is the step 1, followed by more of execution processes.
Here’s what a good business plan should be comprised of.

1. Executive Summary (including Mission & Keys to Success)
2. Company Summary
3. Products
4. Market Analysis Summary
5. Strategy and Implementation Summary
6. Management Summary
7. Financial Plan
8. Appendix

Although you can create a workable bakery business plan yourself, getting help from an expert is always a great idea. There are lot of free tools as well, which can help you write a good business plan in less time, like bPlans.com. Do check multiple alternatives before finalizing the tool, but make sure you get your business plan ready before anything else.