How To Start Home Based Cake Decoration Business For Fun and Profit?

Few facts that reveal scope for cake decorating business.

Swedish nutritionists study human eating behavior and the results found was, quite interesting, "We Eat With Our Eyes" means we love to eat presentable food even if it is not so good in taste but the way it presented makes it tempting. That is why people spend big $$$ on cakes every year.

In UK people spend over £2 billion on cakes.
In USA the average wedding cake costs $589 and there are above 2 million weddings every year.

Look around you how many wedding parties, anniversaries and birthdays held in your area last few month and how much they spend on cakes alone?

Congratulations You qualify for an exciting and rewarding "home based cake decoration business".

What about a cake treat :-)

Before we talk about starting cake decoration business Let me tell you little about your job.

As a cake decorator and designer, your job is to design, bake, and decorate special masterpiece that is fun or elegant for eyes and delicious for taste buds and make $$$ to do so.

For your convenience I have break down cake decoration business start up process into step-by-step instruction manual.

Hope you'll like it.

The most important thing...

BUSINESS PLAN

Tips For Writing a Cake Decoration Business Plan

There is no need to pay hundred and thousands of dollars to professional business planners. Even few pages long unprofessional business plan can help you to execute your business in a way that leads to success path. However, professional business plan can make your job much easier..

Set IT! Your Business Goal

Every plan begins with a desire to success which you set as a goal for you. Your first step towards successful home based cake decoration business planning is to SET GOAL FOR YOUR BUSINESS.

"If you don't set goals, You can't regret not reaching them." - Yogi Berra

Define exactly what you want from your business. State your expectations as clear as possible. Like - How much money you want to make?

You also need to write

When you reached that goal?
How will you measure your success?
Are you willing to do all activities that will produce results?

Here an important thing for consideration is that most of the home business seekers start their business with out paying much attention to it and than crying when they failed. Therefore, it better to be realistic while writing your statements.

If you want to make $5,000 per month than put more efforts as compare to require for making $1,000 per month. This is logical.

Example of goal statement:

"I Will Make $___ at the end of this month with advertising budget of $___"

Identify IT: Identify Your Target Market

What Is a Target Market?
A target market is a group of customers that the business has decided to aim its marketing efforts and ultimately its merchandise.

According to Wikipedia

Deciding who will be your target market is an important part of your business plan. You can serve your buyers great deals and bring more business if you are aware of your audience.

Build your potential customer's profile

Lets talk specifically about cake decoration business. There are lots of occasions that required cake celebrations for example birthday parties, wedding parties, business and wedding anniversaries etc. You need to make your ideal customer profile.

For Example:

What type of cake decoration best suits your business?

- You can limit your business to birthday cakes.

- You can decorate special wedding cakes.

- You can make exclusive cakes for businesses or limit your self to corporate deals.

How much money they are accustomed to spend?

- People spend more for weddings as compare to birthdays.

- Corporate or business class deals gives more money.

Finance It: Financial Analysis For Cake Decoration Business

The financial analysis is concrete part of your business plan. It should reflect all the financial aspects of your entire business plan.

For Example:

How much capital you need to start your cake decoration business?

Cake decoration business dosen't required much investment. Your major investments could be learning cake decoration skills (if you don't have), cake decoration supplies and amount spend on marketing and promotion of your cake decoration business.

How much you'll require in future?

You may invest money to learn advance cake decoration skills and marketing to make your business more profitable.

Market It: Your Marketing Strategy

No matter how expert you are in your field without drawing targeted customers to your business your business couldn't make a dime. Therefore planning your marketing strategy ahead help you to find potential customers fast. (I'll discuss specific marketing strategies later in detail).

For Example:

How are you going to draw customers to your business?

How do you plan to advertise?

The absolute worst way to start cake decoration business is without learning cake decoration skills. Whether you are newbie or experienced mom, cutting edge cake decoration skills are mandatory for your success.

The biggest mistake in cake decoration business is to rely on free resources available online. They are good for getting ideas but no one will give you their gold nuggets for free.

If you're a beginner, then the first thing to do is join a cake decoration class. You can easily find cake decoration classes online or in community. But i would suggest an online class because

- It's affordable
- Offer great learning material that you can store for future reference
- Flexible learning - Set your own timings
- Learn from cutting edge cake decorators

As a cake decorator you need different cake decorating tools to satisfy different client needs and give your cakes nice and exclusive look.

Take a look at some must have items for your cake decorating toolkit. You business can't survive without these items.

List Of Essential Cake Decorating Toolkit Items:

• Colors (Yellow, Brown, Violet, Pink etc.)


• Flavors (butter, vanilla)


• Couplers


• Decorating Bags


• Decorating Tips Of Different Shapes and Sizes


• Garland Marker


• Cake Leveler


• Roller


• Bake-Even Strips


• Smoother


• Decorating brush


• Spatulas

You can buy all these tool individually at your local store.

For your convenient here is the complete cake decorating kit by wilton at very affordable price.

Helpful step-by-step tutorial to get orders for your cake decorating business and a surefire way to get your first client.