Spoonful of Sugar, Sweets and Such
Mt. Sterling, KY
Danielle King and Donna Cassidy – Co-Founders
Stephen Powell – Executive Chef
Starting a business from scratch
● Lack of knowledge
● Lack of finances
● Lack of customer base
● Lack of real estate
Why did I do it?
● No local bakery (Big
Box companies only)
● Pan au chocolat was not
on the top ten wanted
items
● Mt. Sterling Population
6895 (2010 Census)
● Downtown had
● 1 restaurant
● 4 retail shops
● 3 Lawyers offices
● 4 Banks
● 17 empty storefronts
IF YOU WOULD HAVE BEEN MY BANKER.... you
would have told me NO!!!!!!!!
What makes you successful?
● Passion
● Understanding your vision
● Sustaining your business of at least 3 years
● Appreciate no sleep
● Appreciate working harder than everyone else
around you
● Good support system
Formula for a bakery???
● Mt. Sterling needed a bakery +
● Downtown needed life +
● I loved to make bread and pastries +
● Donna Cassidy loved to make sweets +
● = Successful Bakery
The struggles
● We both had full time
jobs
● Was afraid of more debt
● We had to become
experts in pastry and
dessert
● How could a bakery be
sustained
● Lets do one day a week
● Bought all used
equipment
● Went to French
Culinary Institute, NYC
● Goal was to cover
expenses
● 2010
– Purchased a building that had been unoccupied with a
business since 1997 (Took 2 years to complete)
● 2012 Opened Bakery
– September 2012
– Worked on Wednesday afternoon preparing
– Thursday 4 am – Opened at 8 am till sold out
2010
2012
● 2014
– Hired full time chef, Stephen Powell
– Expanded hours to Tuesday through Friday 8 am to 2 pm
● 2015
– Purchased sister building to make dining area
– Expanded then to Tuesday to Saturday and extended
hours to 7 pm.
● 2016 – We are still here..... with 6 employees
Challenges after opening
● It took 2 years for some people to know we existed
● Needed help getting our name out there
● Managing employee time to cover peak hours
● Offering competitive pay to keep excellent
employees on a “survival budget”
● Educating customers on fresh (increased cost) vs
frozen
What I learned....
● Community support is key
● Advertising budget is important
● Banks are your friends
● Be prepared for catastrophe
● Don't underestimate the power of signage
● Be okay with keeping in simple
Starting a business from scratch

Starting a business from scratch

  • 2.
    Spoonful of Sugar,Sweets and Such Mt. Sterling, KY Danielle King and Donna Cassidy – Co-Founders Stephen Powell – Executive Chef
  • 4.
    Starting a businessfrom scratch ● Lack of knowledge ● Lack of finances ● Lack of customer base ● Lack of real estate
  • 5.
    Why did Ido it? ● No local bakery (Big Box companies only) ● Pan au chocolat was not on the top ten wanted items ● Mt. Sterling Population 6895 (2010 Census) ● Downtown had ● 1 restaurant ● 4 retail shops ● 3 Lawyers offices ● 4 Banks ● 17 empty storefronts
  • 6.
    IF YOU WOULDHAVE BEEN MY BANKER.... you would have told me NO!!!!!!!!
  • 7.
    What makes yousuccessful? ● Passion ● Understanding your vision ● Sustaining your business of at least 3 years ● Appreciate no sleep ● Appreciate working harder than everyone else around you ● Good support system
  • 8.
    Formula for abakery??? ● Mt. Sterling needed a bakery + ● Downtown needed life + ● I loved to make bread and pastries + ● Donna Cassidy loved to make sweets + ● = Successful Bakery
  • 9.
    The struggles ● Weboth had full time jobs ● Was afraid of more debt ● We had to become experts in pastry and dessert ● How could a bakery be sustained ● Lets do one day a week ● Bought all used equipment ● Went to French Culinary Institute, NYC ● Goal was to cover expenses
  • 10.
    ● 2010 – Purchaseda building that had been unoccupied with a business since 1997 (Took 2 years to complete) ● 2012 Opened Bakery – September 2012 – Worked on Wednesday afternoon preparing – Thursday 4 am – Opened at 8 am till sold out
  • 11.
  • 12.
  • 13.
    ● 2014 – Hiredfull time chef, Stephen Powell – Expanded hours to Tuesday through Friday 8 am to 2 pm ● 2015 – Purchased sister building to make dining area – Expanded then to Tuesday to Saturday and extended hours to 7 pm. ● 2016 – We are still here..... with 6 employees
  • 14.
    Challenges after opening ●It took 2 years for some people to know we existed ● Needed help getting our name out there ● Managing employee time to cover peak hours ● Offering competitive pay to keep excellent employees on a “survival budget” ● Educating customers on fresh (increased cost) vs frozen
  • 15.
    What I learned.... ●Community support is key ● Advertising budget is important ● Banks are your friends ● Be prepared for catastrophe ● Don't underestimate the power of signage ● Be okay with keeping in simple