Top business opportunities for bakery products


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Top business opportunities for bakery products

  1. 1. Top 10 Business Opportunities For Bakery Products 1.Home Bakery Home made bakery products. The easiest way to do business in bakery products is to start it from home .You can have limited customers and with unique recipes you can supply products like cakes, cookies , biscuits for personal occasions like birthdays , kitty parties, marriages ,meetings ,seminars and official functions &both govt or private firms. Best options for some one with small budget
  2. 2. Top 10 Business Opportunities For Bakery Products 2.Bakery Retail Shop Small Bakeries When people or entrepreneur has finance constrains then can opt for small bakeries which caters for local and close areas for sales .cost of advertisement are low .Can have direct relationship with customer and can produce tailor made products for customers . Business could be good if &products are innovative and quality superior to beat branded products produced by bakery manufacturers .You might have seen people waiting for fresh bakery products outside of bakeries. You can expect decent income from such bakery shops
  3. 3. Top 10 Business Opportunities For Bakery Products 3.Automated Bakery Plants Bakery plants :Here investors can put up big automated plants for wide variety of bakery products. The volumes are very high and caters mass population of different geography . This models is useful for people with large amount of finances and interested in long term and brand building exercise .Automated plants requires plant and machinery with higher levels of supply chain networks with functions like sales marketing , procurement , finance and production etc .Employee numbers are very high. Business options for entrepreneurs looking for long term with objective to cover large market and creating brands .
  4. 4. Top 10 Business Opportunities For Bakery Products 4.Bakery Café & Retail Chain Retail chain. This bakery business model is similar to any other food retail chains like McDonalds ,star bucks , barista ,kfc etc. Entrepreneur has to build one central bakery from where these retails chain would get their supplies or bakery products can be out -sourced from other bakeries.
  5. 5. Top 10 Business Opportunities For Bakery Products 5.Franchise Route Applicable for investors and entrepreneurs who would like to join big names with jv or franchise route ,hence risk for failure is minimized thus one can have franchise arrangement in bakery retails such as bread talk, Hot Bread etc . Similarly manufacturers can have franchise arrangement for big brands such as Britannia , Parle or ITC .The Principals pays fixed amount of conversion charge per unit of product manufactured .
  6. 6. Top 10 Business Opportunities For Bakery Products 6.Export/Import Export/ Import –Trading This model is the simplest form of doing bakery business with either exporting bakery products to different countries by buying from ones own country or Importing bakery products from other country and distributing to ones own country. Disadvantage is that the margins are limited and doesn‘t carry any brand equity.
  7. 7. Top 10 Business Opportunities For Bakery Products 7.Private label Third party manufacturing/private labels(outsourcing)It applies for firms with idle capacity to produce ,companies with brand equity ,investors with finances. Many manufacturers are ready to manufacture for third party .Advantage of this model is that one doesn't require plant and machinery ,land and employees liabilities to do business. So if you have cash and do not want to worry about overheads this is best option to do business. Many low cost producers are available in countries like China , India, Malaysia , Philippines , Gulf countries .You can get product and packaging as per your demand .It is best options for business entity which has already some brands established in the market.
  8. 8. Top 10 Business Opportunities For Bakery Products 8.Online Store With internet exploding in the scene and being integral part of modern day living people are using it for ordering products online in big way . The net savvy entrepreneur can launch website store and can sell various bakery product. The basic advantage is that investment is low and products are available 24x7x365 days .Bakery products with longer shelf life can be sold to any part of the world .
  9. 9. Top 10 Business Opportunities For Bakery Products 9.Pet Food • A very promising business opportunity is available for bakery industry that is of special bakery products for pet animals .These can be tailor-made for dogs ,cats and other animal .Even these bakery products can be mixed with animal feeds. The popularity of dog biscuit is a good example
  10. 10. Top 10 Business Opportunities For Bakery Products 10.Exotic /Artisan/Niche /SpecialityBakeries With Bakery products popularity on rise consumers are now experimenting with exotic products from different nationalities like french,italian , mexican ,swiss and popular varieties . Artisan bakery products from these countries have gained popularity hence entrepreneurs can open bakeries catering specialty products .