Pink Bakes is a proposed home-based bakery in Nilai, Malaysia that will provide high-end baked goods. It will be run by four entrepreneurs and offer pre-made and custom cakes tailored to customer requests. The bakery aims to resolve the lack of bakery options in Nilai and provide affordable cakes. It will operate on a retail and subscription basis, delivering orders to customers' homes. Financial projections estimate the bakery will incur minor losses in the first year but become profitable in the following years as customer numbers increase.
Before you start writing your bakery business plan, spend as much time as you can to reading through some samples of food and restaurant business plans. Not only will that give you a good idea of what it is you’re aiming for, but it will also show you the different sections that different entrepreneurs include and the language they use to write about themselves and their future plans.
We have created a sample bakery business plan example for you to get a good idea about how a perfect bakery business plan should look like and what details you should include in your business plan.
Source: https://upmetrics.co/template/bakery-business-plan-example
Before you start writing your bakery business plan, spend as much time as you can to reading through some samples of food and restaurant business plans. Not only will that give you a good idea of what it is you’re aiming for, but it will also show you the different sections that different entrepreneurs include and the language they use to write about themselves and their future plans.
We have created a sample bakery business plan example for you to get a good idea about how a perfect bakery business plan should look like and what details you should include in your business plan.
Source: https://upmetrics.co/template/bakery-business-plan-example
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Simplicious Bakery - The First Year Marketing Plansimpbakery
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We offer healthy bread, assorted cakes, sandwiches and freshly made beverages to our target customers, workers, students and elderly in Tai Kok Tsui in Kowloon. We hope that through our marketing strategies and programs we can spread the message of healthy lifestyle among each other in such a fast-paced society - Hong Kong.
This marketing plan presentation with mp3 synchronization gives you an overview of the marketing plan of the first year business.
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
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Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
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3. Table of Contents
01
INTRODUCTION
02 03
04
PROBLEM STATEMENT OBJECTIVES
SCOPE OF WORK
05 06
07 09
08
CONCLUSION
SOURCE OF FUNDS
FINANCIAL FORECAST
DISCUSSION
LITERATURE REVIEW
4. Our Company
We manufacture and sells
high-end baked products to
clients. We sell both pre-made
and custom confections
PINK BAKES
6. Introduction
• The primary goal of this project is to create a home based
bakery in Nilai that is distinct from others presently in operation.
• The bakery will be known as ‘Pink Bakes,' and it will provide a
variety of confectionery goods that will be tailored according to
client demands, with a broad selection of toppings and flavours
to pick from.
• Pink Bake is a bakery that introduced in 2021. This company
was introduced by four entrepreneurs. The four entrepreneur
invested their own money for the registration of the Company.
• Pink Bakes company based in Nilai, Malaysia, that
manufactures and sells high-end baked products to clients. We
sell both pre-made and custom confections created using
Malaysia products.
7. • Additionally, Pink Bakes will provide gluten-free,
organic, lactose intolerant and low-fat options. We
do sell ice cream cakes, fruit cakes and all kind of
cakes that requested by the customers.
• Pink Bakes is a home based bakery, everything
will be delivered to customer’s door upon their
order. The cost of the project will be determined
by a variety of criteria, including baking apparatus
costs such as ovens, blender, and bikes for
delivering, among others.
• We took a loan in the bank to buy all these items
for our business. Different kind of cakes are
included in the proposed product mix. There are
presently no high-end bakeries or venues in Nilai
or the broader Nilai region that offer dietary cakes
and vegan cakes.
Cont.
8. Problem Statement
In this midst of pandemic, every business
has affected too much. Opening a
business now is a big risk now.
Moreover, there are no a lot of bakery
option available for people residing in
Nilai. Pink Bakes will resolve all the
worries of residents by providing the
customers interested and custom made
cakes. Moreover, these cakes will sold in
a very reasonable price so everyone
could afford it.
9. Objectives • By selling and wholesaling delectable cakes, we hope to
provide distinctive confectionery goods and services to Nilai
and the surrounding community.
• Pink Bakes is a cake firm that specializes in offering high-
quality cakes to a wide range of clients. As we retain our
focused differentiating strategic position in the food and
education industries, we focus on the high-end market of
products.
• Our goods are reasonably priced, and they are based on
high-quality ingredients, outstanding flavor and taste,
distinctive design, and excellent customer service.
• We strive to maintain a welcoming, creative, and equitable
workplace that values diversity, hard effort, and innovative
ideas. We intend to generate profit to provide a fair return for
us and to expand the business into other surrounding
communities.
10. Scope of work
The scope of work of the Pink Bakes is in Retail
and Subscription basis.
• Retail
Tuesday through Saturday, from 10 a.m. to 6 p.m.,
the retail component of the business serves
customers by providing them the cake they order in
prior. Cakes which are either pre-made or made-to-
order will be sold in our home based cake business.
• Subscription
the Subscription basis work as, if a customer make
a monthly subscription, every month on the date of
the customer subscribed their choice of cake or
pastries will be delivered to their door. There are 3
types of subscription monthly, weekly and daily. The
customer can customize their order according to
their choice.
11. Literature Review
In all industrialised nations, the baking business is divided into
four segments: retail, wholesale, in-store, and food service.
Wholesale bakeries are the industry's backbone. A retail bakery is
a low-volume operation that produces and sells a range of baked
products to customers from the same location. Although many
retail bakeries now provide whole-grain and multigrain breads,
taste remains a top concern for retail bakery customers. Cake,
bread, and associated goods, frozen bakery products, and
crackers and cookies are the three divisions of the wholesale
baking business. A wholesale bakery usually has large
manufacturing facilities and sells to consumers through retail
outlets like grocery shops and food stores (Cauvain and Young,
2006, pp.5).
12. Conclusion
On the one hand, this experience has shown that
innovation in haute cuisine often stimulates
demand for complementing foods like bread,
bakery, and pastry. Innovative chefs are looking for
innovative goods and techniques that will meet
customer expectations for healthy diets and
functional qualities in bread, bakery, and pastry
items, as well as restorative services. On the other
side, we're seeing science and technology play a
more important role in developing acceptable
solutions to fulfil these consumer and chef needs.
14. • Expecting 70 customers only in the first year and expected to double every
year.
• Taking loan of RM 8000 and paying total interest of RM 640 every year for
five years i.e, RM 133.3 per month.
• Total inflow in the first year is expected to be RM 8400 and double every
year.
• Total outflow will be of RM 16,864 at beginning of the business and decrease
by the end of year 1 and increase again in the following year.
• After calculating Total fund and deficit/surplus after total inflow and outflow.
By the end of Year 1, we would have the current account of RM 536
15. Summary of
Financial Forecast
• As a small-scale business, working in an
exclusive locality, PinkBakes is expected to have
a slow start
• Incurs a minor loss in first year
• Turns a slight profit in the second year, with a
14% increase from the previous year
• Gains a substantial profit in the third year,
increasing progressively following that.
• Even with increase in costs, the revenue has
been calculated to increase with each passing
year, keeping the business afloat and profitable.
16. Project
Plan
● In order to successfully execute business
plan:
○ Determining what product/service to offer
○ Identifying the product niche in the market and demand of
service
○ Setting financial targets to be achieved for sustainability of
business
17. Product
Identification
● As a small-scale business with no retail
outlets
○ Limited options to provide services
○ Knowledge in cooking and baking
■ Cooked meals are abundantly found
■ Need to be served hot
■ Baked goods last longer
■ Known to be associated with happiness and
celebration
18. Market
Analysis
● According to survey results, a majority of
people:
○ Are living in Negeri Sembilan
○ Like sweets and confections, including cakes
○ Would like options to have desserts their way
○ Think that they are paying too much for too less
○ Would like a service that
■ Allows them to decide all aspects of the cake
■ Have the cake delivered to their homes
19. Financial
Targets
● Customers are of two groups:
○ Student
○ Working Adults w/ families
● Maximum sales expected during
seasonal celebrations (Mar, Apr
and Dec)
● Annual increase in sales – 10%
● Income Tax rate – 35%
20. Implementation
Plan
● Methodology of realizing the
business plan in the market
● This is done by
○ Identifying the possible throughput of business
○ Procuring financial aids to purchase operational
goods
○ Creating an organizational structure to assign roles
in the team
21. Capacity
Plan
● Tools while starting the company
○ One commercial oven – for baking the cakes
○ One motorcycle – for delivering the products to
the customer
● Production limits
○ Oven capacity is 5 cakes simultaneously
○ Delivery motorcycle can carry 2-3 cakes
22. Capital
Work
Program
● Via Founders:
Seed Capital – RM1,000
Used to register the company at the SSM
● Via Banks:
Loan – RM8,000
5y (60mo) @ 8% p.a.
Used to purchase operational tools such as ovens and
delivery vehicles
26. DISCUSSION /
CONCLUSION
• PinkBake is a bespoke cake delivery service.
• It is a small-scale business.
• Based in Nilai, serving it and neighboring
locales.
• Serves a niche not fulfilled in its service
radius.
• Projected to succeed as a business according
to a survey.
27. CREDITS: This presentation template was created
by Slidesgo, including icons by Flaticon, and
infographics & images by Freepik.
Thanks!