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Showing posts from May 15, 2021

Bakery Set Up Part 5

Once you have finished testing your recipes and you have received glowing reviews from friends and family, it's now time to do the food costing.  It's a universal practice to keep the food cost at 30%. Some include labor in the food cost, others don't but either way figure out how you can sell your products for profit. I mean, this is one of the reasons why you're opening a bakery, right?  You can't sell at a 50% food cost. Where will you get the money to pay rent, labor, utilities etc.,? On the other hand, don't sacrifice quality just to earn money.  I would rather sell less if it means I can get my garlic malunggay pandesal out there than selling something cheaper because garlic is expensive and labor intensive as an add in flavoring. People will buy even if it's a little on the pricey side as long as it's worth it 👌 So do your food costing, then packaging, and marketing. I think I might be open around September intime for Christmas 🎄🤔,  it's on...