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Fresh bread is big business in the United States. According to Information Resources, a market research firm based in the Midwest, fresh bread sales across the country top out at over $9 billion annually. That equates to some 3 billion plus loaves of bread sold.
Artisan bread is the hottest trend in the fresh bread sector. Consumer demand for quality, artisanal products is growing across multiple categories. Delicious loaves of freshly baked bread evoke a time when things were simpler and better. The local corner bakery, once forgotten, is now making a comeback.
Things to Consider When Starting Your New Business
There are a lot of important considerations when starting an Artisan Bakery business. Experts recommend writing a business plan and seeking financing for your venture. In addition to immersing yourself in the art of baking and developing and fine-tuning recipes, there are a host of administrative tasks necessary. You will want to make sure you have systems and procedures in place for payroll, and hiring a bookkeeper at the start will help make your business manageable.
It’s also critical to understand your market and do the market research necessary to help you determine demand and product price points. Labor is typically 30% of the cost of the bread so you will want to price your bread or manage your labor accordingly. And remember, starting up an artisan bakery is lots of hard work! More than one new owner reported baking 24 hours a day and sleeping on the office floor in the beginning.
Equipment You Will Need for Your Artisan Bakery
Initially, you will need to outfit your new bakery with all the equipment needed to prepare and bake your bread. The most important purchase decision you will make is to decide on what oven to buy. A deck oven is typi… Read More
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