Payday Installment Loans Near Me in Murfreesboro, Tennessee
Fast Online Approval Money & Cash Advance Lenders (offline stores)

---

"Dessert Shop Business": How To Get Started

---

In the past few years, desserts and sweet delicacies have been the new 'it' trend for the food and beverages industry. Dessert specialty stores, as well as online shops selling cakes and desserts by delivery, have been proven to be a viable business with a high-earning potential and sustainability.

If you have the passion, and the knack to make your own sweet delicacies, the business can be a very profitable venture. You can either opt to open a brick and mortar dessert store, or make it a home-based business and sell online.

---

Interested to start this business? Here are a few tips that can help get you started.

---

1. Startup Investment
The startup investment you'll require will be largely dependent on your business model. Setting a brick and mortar store can dramatically increase your market exposure, thus making it easier to build your customer base. However, the cost to rent a space, renovation cost, and buying the necessary equipment and tools, as well as furniture, can be costly. Expect to prepare at least $30,000 in monetary investment as your startup cost in this model.

If you are planning to make it a home-based business and sell online, your initial investment will be much less. However, the competition can be tighter, and building your initial customer base might be a challenge in the beginning. You can start with as low as below $5,000 for this business model.

2. Franchise Opportunities
Some established dessert and cake brands are offering franchise license opportunities. Getting a franchise license can save a lot of time in building your customer base, and can simplify the supply chain and logistic process, as well as the need to train your employees.

However, getting a franchise license can be very expensive. Make sure to research the available options and if possible, speak with some that have acquired the licenses before to get a better picture.

3. License and Permit
Most locations won't require a special permit before you can engage in the business. However, it may vary depending on your location. Consult your local authorities to get a better information regarding legal requirements for your business.

Getting an insurance might also be a legal requirement. However, even when it's not, getting one will be a wise investment for your business to protect from future accidents and contingencies. Contact your local insurance agents to get the best options for your business.

4. Marketing
Social media is the main marketing platform for any food and beverage business nowadays. Many tricks and tools are available to optimize your social media presence to gather enough customer base.

Other traditional marketing tools like spreading brochures and posters will also be effective. In the end, the uniqueness and taste of your product will be your main marketing weapon, so make sure to invest enough time to develop your products and recipes.

Earning Potential

With an assumption of selling $5 as your average price, selling 1000 items a month can get you a $5,000 monthly earning, or $60,000 annually.

Your creativity in developing your dessert products, as well as an effective marketing strategy, will be the keys to success in this business.