Operation expansion (bread bakery)

Entrepreneur

About Me

Am Matilda Quayson and am a baker and am looking for money to invest in my bakery business to grow it

My Business

Business is part of modern society. It is an organized and systemized activity for profit. It is concerned with activities of people working towards a common goal. The modern society cannot exist without business.

Baking is a food cooking method that uses prolonged dry heat by convection, rather than thermal radiation, normally in an oven, but also on hot ashes, or a hot stones. The most common baked item is bread but many other types of food are baked. Heat is gradually transferred “from the surface of cakes, cookie and bread to their centre. As heat travels trough, it transform batters and dough’s into baked goods with a firm and dry crust and softer centre”. Baking can be combined with grilling to produce a hybrid barbeque variant by using both methods simultaneously one before the other, cooking twice. Baking is related to barbequing because the concept of the masonry oven is similar to that smoke fit.

Baking has been traditionally done at home by women for domestic consumption, is the backbone of modern y man in bakeries and restaurants for local consumption and when production was industrialized, by machines in large factories. The art and skills of baking remains a fundamental one and important for nutrition, as baked goods, especially breads, are a profession called a baker. All types of food can be baked but some requires special care and protection from direct heat. Various techniques have been developed to provide this protection. As well as bread, baking is used to prepare cakes, pastries, pies, tarts, quiches, cookies, scones cracker and pretzels. This popular items are known collectively as “baked goods“ and are sold at a bakery.

The needs and importance and reasons why we choose this kind of business are described as follows. 1. Improvement in standard of living
-business such as baking helps people in general to improve their standard of living. 2. Proper utilization of resources
-it leads to effective utilization of the scarce resources of society. It provides facility of mass production. 3. Better quality and large variety of goods and services
-it involves production, purchase and sale of goods and services for price. Customer’s satisfaction is the backbone of modern business. Services such as supply of breads, cakes, cookies, etc. maybe highly significant for the community

Loan Proposal

Awareness of high quality baked goods is on the rise. Good bread is a rare combination of nutrition, convenience, and luxury. Today's consumer has less time to create wholesome, handmade bread, but increasingly appreciates the nutritional and sensory benefits it provides. Good bread provides fiber and carbohydrates in a convenient, low fat form that is portable and delicious. Good bread never goes out of style.

Breadcrafter will produce and sell high quality, handmade breads to the residents and tourists of Takoradi and Sekondi. The Company will focus on European Style; naturally leavened breads and baguettes made with high quality ingredients. Breads will be baked and sold at a storefront facility using a 4 deck, steam injected bread oven. Labor saving devices will allow the proprietor to run the entire operation with the help of two part time, seasonal employees.

Breadcrafter's main competition includes a health food store, three pastry shops and three supermarkets in the Port Hanover area. Its advantage lies in the high quality of its products due to specialization and artisan manufacturing. The main marketing focus will be an eye catching sign, the scent of fresh bread wafting out of the storefront, and periodic printed advertisements. The company will sample its products liberally.

After establishing the operation, the company will explore the possibility of making takeout sandwiches. Delivering wholesale bread and baked goods to area restaurants and specialtyretailers will also be considered.

The company is being founded by Kevin Richards, an artisan baker currently baking breads and pastries for Toothsome Foods Company in Port Hanover, Michigan. Kevin has spent the last two years building the TFC program from the ground up. His wife Renee Richars is also a bread baker, having baked for one year at the Grainery Food Co-op, Breadcrafter's chief competitor. Together they bring a wealth of practical experience and a realistic market sense to the company.

Breadcrafter is currently seeking GH¢1000 in loans to get the business underway. Major costs include equipment purchases, shop rent, ingredient purchases, site modifications, and marketing, which total GH¢6000. Projected sales for the first three months, based on market and competition studies, will total GH¢41,087. Total operating expenses and cost of sales will leave an average profit GH¢4000of per month.

Opening day is scheduled for July 31 st, 2021. While Breadcrafter has the potential for high growth, the first three years will be spent establishing company financial stability and increasing market share.




Read more: https://www.referenceforbusiness.com/business-plans/Business-Plans-Volume-05/Bread-Bakery-Business-Plan.html#ixzz70G4mqWEf

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