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tips for opening a bakery

Tips for Opening a Bakery

If you’ve always dreamed of opening a bakery but aren’t sure how to get started, we’re here to help. At Park City Culinary Institute, we offer a program for you to earn your Pastry and Baking Certificate to ensure your baking skills are at a professional level. Once you’ve received all the training you need to create a range of delicious breads, tarts, eclairs, and more, follow these steps to opening your own bakery.

Start with a Plan

Write a business plan that lays out your vision – what kind of bakery do you want to have? What kind of goods will you offer? How much money will you need to make to cover your expenses? A good business plan includes an executive summary, market analysis, details your products and services, a marketing/sales plan and financial projections. You’ll also need to determine what type of business entity you want to have, and the name of your bakery. The US Small Business Administration provides helpful information on how to write a business plan.

Find the Right Location

If you are planning on opening a brick-and-mortar bakery, you’ll have to find the right location that will draw in customers. Enlist a local commercial real estate agent, preferably with experience in restaurants and bakeries, that can help you find the perfect spot to buy or rent. You may even be able to find a place that already has some of the commercial equipment you’ll need like ovens or large refrigerators.

Register Your Business

Consult with a tax professional regarding tax requirements for your business before you get started and apply for an Employer Identification Number (EIN) or business tax ID number. It’s important to have this number for filing your tax returns, opening a business account, getting a business credit card, or applying for financing.

Get the Appropriate Licenses and Permits

Be sure you understand state and local requirements for opening a bakery and getting all the licenses and permits required for your bakery to operate legally. These may include a sales privilege license, a food handler’s license, and a catering license, and you will also need to pass a kitchen health and safety inspection, follow any zoning laws, get applicable permits and more.

And More!

This is just the start. Owning and operating a bakery will require a lot of upfront expenses (such as buying all the cooking equipment you need) as well as ongoing operational costs (such as paying rent, buying ingredients, paying employees, etc.) You may need to consider getting a business loan or finding a partner or investor to help you get started. You’ll also need to create a menu, set prices, create your brand, and promote your new business.

We’ll Help You Achieve Your Dreams

At Park City Culinary Institute, we support your culinary pursuits no matter what they are. Check out our Professional Certificate in the Culinary ArtsCuisine Certificate, or Pastry & Baking Certificate programs. Our programs are available online or on campus in Salt Lake City. We welcome people with all experience levels. Contact us or give us a call at 801-413-2800 to learn more.

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