As a small business owner in the Internet industry, I am constantly meeting entrepreneurs seeking advice on what types of businesses to open that will be easy to promote using Internet technology. Let’s just say that any type of business can be marketed using Internet technology – what you need to find is something you like to do that takes care of a need that people have.
Make an appointment to talk with your local Chamber of Commerce and the economic development department for the city where you live. They will have market survey and retail gap analysis data available that will help you make a decision. For example, in my city there is a real need for a bakery and there are many options for opening up this type of business to generate a healthy profit margin.
You can open a retail storefront business selling bakery products directly to the public or you can establish a bakery that supplies wholesale baked goods to institutions and food retailers. You can also open a business that does both. When you write out your business plan be sure to include the need to hire at least one qualified baker with trade papers.
You can open up a bakery from scratch or you can check out franchise opportunities that give you the advantage of established brands that people recognize. Small business loans are often easier to obtain to start up a franchise.
Bakery Franchise Ideas
Atlanta Bread Company
There are franchises available across the U.S. for this café style bakery serving sandwiches, soups, salads, gourmet coffee fresh-baked breads and pastries. The initial franchise fee is $30,000 – $40,000 with a total investment requirement of $629,700 – $806,300. Training begins with 10 days at company headquarters followed by 5 weeks of support on location. Most franchisees end up with more than one store.
Auntie Anne’s Hand-Rolled Soft Pretzels
Auntie Anne is seeking franchisees willing to open up shop nationwide and worldwide. The stands are popular in shopping centers, airports and train stations, serving hand-rolled pretzels, pizzas, chips and candy. The franchise fee is $30,000 with a total required investment of $197,875 – $439,100. You can train for 2 weeks at headquarters and get ongoing field and marketing support.
Big Apple Bagels
This is another bakery franchise available to small business entrepreneurs nationwide and worldwide, serving bagels, sandwiches, gourmet coffee, muffins and smoothies. The franchise fee is $25,000 with a required total investment of $254,300 – $376,600. Initial training runs for 11 days at headquarters with as much onsite training as needed.
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