It's a sweet business to be in. Here's our take on opening a cake and pie shop.
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Investigate Competitors
Well in advance of opening a cake and pie shop in your area, it's a good idea to see how you will fit in the competitive landscape. Try our link below to generate a list of competitors near you. Just enter your city, state and zip code to get a list of cake and pie shops in your community.
Prior to opening your doors for business, be sure you fully understand the competitive landscape and where your new business will fit in.
Turning Competitors Into Collaborators
Once you've finished assessing the competion, you really ought to talk to somebody who is already in the business. It's very unlikely that the local competition will talk to you. What's in it for them?
Fortunately, somebody who runs a cake and pie shop outside of your community will be much more likely to talk with you, once they realize that you are not going to directly compete with them in their community. In fact, they are often very willing to share startup advice with you. If you are persistent, you can find a business mentor who is willing to help you out.
How do you find a cake and pie shop manager in another city who you can speak with?
Here's how we would do it. Try the useful link below and key in a random city/state or zipcode.
Consider Franchising
As an entrepreneur, your chances being a successful business owner are much greater if you go the franchising route and leverage their successful brand and track record.
Prior to making the decision to open a cake and pie shop, it's worthwhile to determine whether franchising might increase your chances of success.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
If you are an ambitious entrepreneur or an aspiring
executive looking to get involved with a startup, please take the
time to learn more about Gaebler
Ventures.