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The Ultimate Guidelines For Bakers Before Compete With The Best Cake Shop In Malaysia
Are you the one that bakes fantastic Japanese cheesecake for everyone’s birthday? Do you dream of having your own bakery store one day?
You have come to the perfect place if you’re ready to start your bakery business and be one of the best cake shops in Malaysia.
Select The Bakery Cake Shop That You Prefer
You will need to decide what kind of bakery store you would love to operate. Before making the decision, you will need to review your bakery skills, financial capital, and business objectives. Running a business is time-consuming, and the time spent on baking is only half the commitment.
You will need to perform marketing functions, take orders, provide customer service, procurement, and other paperwork. Even it might be just a cheesecake for order online, you may need to prepare the paper bag, cutlery, tissue, and nice-looking packaging.
It’s also crucial to conduct local market research to see the profitability and competitors of the area. After you have an image of your surroundings, check the options below to see which type of bakery business is suitable for you.
Online
A bakery does not require a physical location. You may begin by going online and letting the customer order your cake online. You can run it from your home if you have a great website or social media, photos of your amazing moist chocolate cake, a way of taking customer orders, receiving payment, and cake delivery to the customer’s doorstep.
Counter Service
Customers can visit your store and pick up baked goods from an employee-managed counter in a small retail space. In this case, the quality of customer service is essential if you wish to have repeat customers.
Specialty Service
A specialist service is a perfect option if you specialize in a particular baked food type, such as a vegetarian or halal cake. This type of bakery store can be home-based or rent a commercial space for a vegetarian or halal local cake shop, and it is entirely up to you.
Sit Down
More and more new bakery business owners prefer to operate a sit-down store where customers can sit and enjoy their baked goods. It’s currently a popular trend in the bakery industry. Instead of ordering the birthday cake online, the customer can hold a small party inside the shop. Being the best restaurant to celebrate a birthday is one way of increasing your profit and brand awareness.
Write A Business Plan for Your Cake Shop
You’ll need to write a business plan once you’ve decided what type of bakery store you want to run. A proper business plan will help you examine the company from all angles and the potential issue in the future.
Furthermore, it will assist you in defining your business, setting objectives, managing cash flows, tracking costs, evaluating your consumer base, and analyzing your competition. It should include the marketing plan as well.
Compare The Price of Your Baked Goods to Other Famous Cake Shop in Malaysia
Most bakeries set their retail prices on the cost of ingredients and the time spent to produce the baked goods, but this formula is not suggested.
Things like clean-up time, packing for online delivery, and time spent advertising your business on social media should all be included in your costs. Time is the major hidden cost in every bakery business. Of course, your price must be acceptable to your area above all of these.