Is starting up a bakery business lucrative?

[Ernestnari]

I think a bakery business doesn't even need to do much to be lucrative. The key is that you localize your products to meet what your customers need

 

[Planbizzle]

If done properly, opening a bakery can be a profitable endeavor. However, a number of variables, including product quality, marketing tactics, and expense control, can affect profitability. Even though starting a bakery company can be profitable, it's crucial to plan and budget.

 

[Shigobad2020]

Here in the urban settlement , starting a bakery business is always lucrative because its a food people eat everyday to survive and the competition is not rampant because we have less bakery and more consumers .

 

[Ernestnari]

Here in the urban settlement , starting a bakery business is always lucrative because its a food people eat everyday to survive and the competition is not rampant because we have less bakery and more consumers .

The population of people that eat bread alone would make it lucrative. Not to talk about other products that bakeries offer. It is capital and labor intensive to start but highly profitable.

 

[Syldan]

There is absolutely no doubt, starting a bakery business is very good even though sometimes it depends on your location and the demand of the people.

There are also some elements to be considered before you start such as availability of raw materials, nearest to the market etc.

 

[eLdavis]

Yes starting a bakery business is actually very Lucrative. These days people use products from baking for various events such as birthdays, weddings, and other ceremonies as well. People even buy them a lot for snacks and the likes.

 

[Robert90]

Starting a bakery business demands a substantial investment in supplies, labor, and machinery. The location and competition have an impact on how successful the firm is. A bakery that is situated in a crowded area with plenty of foot traffic and few rivals is more likely to be successful than one that is situated in a rural area with few rivals.

 

[Syldan]

Actually starting a beckry business is very lucrative but it requires alot of resources for a start up and to some extent, it requires a good location where it will be cett easy for the customers to reach you.

 

[Chibson]

Starting up a bakery business is very profitable if you put the right things in place. You need to have retailers who will sell for you if you want to start up this kind of business. If you want to sell it on your own then it can also be profitable if you are in the right location.

 

[Henrywrites]

You will be surprised at how many people are looking for fresh bakery products over ones that are pre-packaged and have been sat for a while. If you are able to find a good place to start up a bakery and you can offer the services for a reasonable price it is definitely a great business to get into and one that will be popular.

This is true. A lot of people are always on the lookouts for freshly baked breads that they can use for consumption and once you are able to offer them this opportunity to get such breads, they will always want to come for more. I don't know how much is the cost of making one bread, then I believe that the business owners or bakeries always breakeven.

 

[Heatman]

This is true. A lot of people are always on the lookouts for freshly baked breads that they can use for consumption and once you are able to offer them this opportunity to get such breads, they will always want to come for more. I don't know how much is the cost of making one bread, then I believe that the business owners or bakeries always breakeven.

Personally, there is nothing that is going to make me to buy a bread that is not fresh. It is the reason why I always make up time to go to bakery and get my bread as it is coming out from the oven which is still going to be very hot. When I'm going to buy bread from a restaurant, it will definitely be a restaurant that have their own bakery within the restaurant.

 

[Good-Person]

Personally, there is nothing that is going to make me to buy a bread that is not fresh. It is the reason why I always make up time to go to bakery and get my bread as it is coming out from the oven which is still going to be very hot. When I'm going to buy bread from a restaurant, it will definitely be a restaurant that have their own bakery within the restaurant.

Well, you must have had noticed that many supermarkets also consist of a bakery as well. There is a local supermarket in our area. They created a bakery within the supermarket. However, they had to wind-up the bakery as the bakery was not providing them with the kind of high-quality products they wanted.

 

[Heatman]

Well, you must have had noticed that many supermarkets also consist of a bakery as well. There is a local supermarket in our area. They created a bakery within the supermarket. However, they had to wind-up the bakery as the bakery was not providing them with the kind of high-quality products they wanted.

There are some of the supermarkets in my area that doesn't have their own bakery. What they normally do is have another bakery to supply the bread that are going to be selling. I don't look at those kind of breads because they always have left overs and they won't be fresh again.