The passion for everything Cupcake has exploded since the late 1990s and shows no signs of slowing down. The craze that began with the Magnolia Bakery in New York and immortalized in Sex and the City spawned the industry. The effect has been a seven-fold increase in cupcake sales in the last 5 years. While some predicted Cupcake market would reach saturation point or economic collapse that began in 2008 would be the end of the Cupcake development, the demand is still growing. Even with the recent our economic problems, people are still spending money on small indulgences, especially pastries. It is a great time to start a home-based cupcake business.
Perhaps you have been told by friends and family that you should go into business for yourself because scrumptious cupcakes you make for the holiday and birthday celebrations. Maybe it’s just been a dream to provide delectable desserts to the people in the community and take part in special events that take place in people’s lives. Whatever the reason, opening a cupcake business at home takes a lot of time, planning, dedication and commitment.
There are many things to consider when contemplating open world cupcake business. The first consideration is the legality of selling food prepared in the home kitchen. There are now only a handful of states in the United States who have cottage food laws and authorize the sale of home-made baked goods directly to the public. These are Iowa, Kentucky, Maine, Michigan, New Hampshire, North Carolina, Ohio, Pennsylvania, Tennessee, Utah, Virginia and Vermont. Within other countries are some exceptions to the county by county basis. It is important to check with the state Department of Agriculture and state and local health departments to identify the rules in your community.
Once you have found a home based cupcake business is legal, the second step is writing a business plan. From the kind of cupcakes you will offer to how you will price the products are important things you need to start working out, even before you open your business. Write a business plan will help you think about all the choices you have to make and the steps you should take before you buy always the first ingredient and open for business. The best place to start when writing new business is local Score office. http://www.score.org/
Create a business plan should be something you do before opening your business. It not only ensures that you will have a map that helps guide you through the first decisions the opening of business but it also pays the way for you to have the ability to receive both commercial loans and the Small Business Administration backed financing. Just like having the right recipe can mean the difference between great cupcake and one that no one wants to eat, take the right steps before you open your business can ensure that you will still be there in years to come.