Bread production still remains on of the best investment venture one can think of setting up in the country. JJB should break even by the fourth month of its operation as it steadily increases its sales.
Despite the increase in flour and other raw materials for bread production, investment into the industry is still very lucrative due to the ever increasing demand for bread The Nigeria bakers association,released a publication which shows that prices of bread, a major stable food have risen in the last three years by an average of about 25 per cent from between N80 and N per family size loaf to between N and N amid increase in the prices of baking materials and at the time of writing this publication on bread bakery business in Nigeria, a family sized loaf of bread is between N N naira per loaf Note: You could also employ your bakery for the production of: Pies- Meat pies, apple pies, chicken pies, fruit pies etc Sausages- of different sizes Pizzas- pepperoni, ham and sausage, mushrooms and garlic, etc Bread- wheat bread, cheese bread, cake bread ,fruit bread etc Hotdogs and Burgers- cheese, chicken and beef.
Create your own business plan 1. Competitive pricing. This will establish a healthy, consistent revenue base to ensure stability of the business.
The Market The retail coffee industry in the U. JJB expects to catch the interest of a regular loyal customer base with its broad variety of coffee and pastry products. Bread is consumed by all and sundry- the old, young poor and rich consume bread on daily basis.
JJB wants to establish a large regular customer base, and will therefore concentrate its business and marketing on local residents, which will be the dominant target market. You would agree that the success of such business rest mainly on several factors which the owner of the bakery would carefully plan and implement from the beginning of setting up the bread bakery.
The company intends to hire two full-time pastry bakers and six part-time baristas to handle customer service and day to day operations. The cool marine climate in southwest Washington stimulates consumption of hot beverages throughout the year.
To start the business there is need to consider the type of technology to apply in the project. The bakery provides freshly prepared bakery and pastry products at all times during business operations.