Bakery Business in the Philippines

5.0(1)
studied byStudied by 4 people
full-widthCall with Kai
GameKnowt Play
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
Card Sorting

1/3

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

4 Terms

1
New cards

Where does the initial investment depends on?

Monthly cost of rent, equipment, utensils, ingredients, and business permits.

2
New cards

What are the Pros of having a bakery business in the Philippines?

• Filipinos loves bread

• You have ready buyers

• Peoply buy for convenience

3
New cards

What are the cons of having a bakery business in the Philippines?

• It's more demanding

• Facing a lot of competitors

4
New cards

Give the 12 steps on how to start s bakery business.

  1. Evaluate the reason why you want to open a bakery business

  2. Take up baking courses

  3. Perform basic market research

  4. Find a good location

  5. Decide wether to franchise or go on your own

  6. Secure the required permits and certifications

  7. Start small

  8. Buy baking equipment

  9. Know your ingredients

  10. Price your products strategically

  11. Hire employees

  12. Learn how to innovate