Home Based Cake Baking Business How To Start A Cake Baking Business From Home
The cake business in India has witnessed massive growth over the last few years due to the increased demand from consumers, the burgeoning cafe-culture and of course, social media. Home-based baking, in particular, has been taken up by a huge number of women entrepreneurs thanks to these reasons. There are many initiatives which are also being taken by the Government Of India, which has further encouraged them to pursue their baking dreams. Not just women, quite a few men are also taking up home baking as a profession.
According to another research study, the Indian cake market is projected to grow at the rate of 12.5% during the forecast period 2018 to 2023. From the past few years, there’s a high demand for customized and artisanal cakes as well. Factors like product innovations in terms of new flavours, rise in disposable income and changing consumer tastes and preferences are the key drivers of the segment. This is where home bakers come to the rescue.
Listed Below Are Few Steps which would guide You In Starting Up The Business In a Systematic Way:-
- Have a Business Plan
- Licence and Registration
- Developing A Niche
- Learn About Baking
These Are The basic steps and you can go through the entire Blog to get complete details of how to start the business by clicking here.