Setting up your own business means that you can do what you love and earn money from it – a tasty prospect!
With The Great British Bake Off just around the corner, we’re all going to be trying our hand at baking some showstoppers of our own. Baking is a really rewarding hobby, and with enough practice you can become incredibly good at it. What if you want to turn your passion into a business though? Well, it can be done – here’s everything you need to know about building your own cake making empire.
Keep it legal
Red tape isn’t the most exciting part of building a business, but it’s probably the most important. So make sure that you’re operating within the law from the start, and keep in regular contact with the relevant authorities. That includes the tax office, your bank, insurance company and local council.
Spread the word
Once you’re up and running, it’s time to get the word out there. Most businesses’ first orders come from people they know, so tell your family and friends and give them your business card. To reach people you don’t know, set up some social media accounts and a website and start to make your presence felt online.
Find your niche
Don’t bite off more than you can chew – find a niche. By focusing on one particular kind of cake, you’ll be able to do that well. Maybe extravagant celebration cakes are your favourite thing to bake? Or perhaps you’re confident cooking up cupcakes? Whatever it is you’re more comfortable baking, build your business around that.
The future is bright
It may seem like a long way off, but you can turn your baking hobby into a great way of making money. The Gourmet Cake Company are just one of the businesses that have sprung up in the wake of the nation’s baking awakening, and cupcakes are flying off of the shelves! So why not take a leap of faith and try to take your cake making to the next level too?