Tips for earning money from cupcake business
There are several business opportunities which an aspiring entrepreneur could start on a small scale. One of such business is cupcake business. The truth is that, if you are a baker or even a caterer, it becomes easier for you to venture into cupcake business. This is so because the same ingredients and processes that […]
There are several business opportunities which an aspiring entrepreneur could start on a small scale. One of such business is cupcake business.
The truth is that, if you are a baker or even a caterer, it becomes easier for you to venture into cupcake business. This is so because the same ingredients and processes that are used in making the conventional large cakes are the same in making cupcakes except for the size difference. The basic ingredient that is used in cupcake making is flour, butter, sugar, eggs, frosting and cake decorations.
What It Takes to Start a Cupcake Business
One thing about cupcake business is that it is your creativity that can make you stand out in the business.
The CEO of Shuks Cakes, Maryams Suleiman, says beyond every reasonable doubt, cupcake business is indeed a profitable because you can operate the business with your family members from your kitchen, thereby cutting operational costs to the barest minimum.
Also, if you are able to secure a strategic location to open a shop, you can be assured of good returns from your cupcake business.
Starting a cupcake business could be a way to earn additional income for your family, especially if you have other businesses that could be seeking your attention. This is one business that wouldn’t take much of your time if you have outlets where you supply cupcakes.
Maryam shares her experience; “When I started Shuks Cakes, I was just taking orders from some family members and friends. But through their referrals, patronage grew to what we have today. They were very helpful as they helped me spread the word.
Then again, our products are of high quality. We strive to cater for just about anybody who has a craving for cakes. Be it the simple cupcakes to the highly decorated cakes. There is always a reason to celebrate; a birthday or wedding here, an anniversary there. Just about everybody is a target for our business.
I can say for now we have our hands full. We are considering expansion as we speak. Presently, we bake and supply an average of 10 large wedding/birthday cakes a week and we have done that for over five years that we’ve been in operation.”
Places such as schools, and organisers of birthday parties and wedding ceremonies and more are great customers. Be sure that you are creative and your packaging is top notch and you will not have to struggle much to make headway with the business.
Some of the factors that encourage and motivate aspiring entrepreneurs to venture into cupcake business are the fact that you can start the business on a small scale from the comfort of your kitchen without making purchase of heavy duty equipment. All that you would have to spend money on is cake baking ingredients and associated supplies.
If you are hard working, you can secure contract from the start to supply cupcakes for events, parties and wedding ceremonies.