Anyone know of a good business plan template for the cake decorating business?
Check your SBA or SBDC website. I believe they have some biz plan templates that will get you started.
Having done a biz plan, I don't think a special template for the cake business is really needed. Your demographic info will plug into the Marketing Research section; your costs will plug into any Income STatement, Projected P&L form, Break Even Chart, etc. Start up costs get plugged into the same accounting format; Competition Evaluation will fit into the competition section, etc.
They're all pretty much the same format. It's the individual data that's the work.
Thanks for the info, IndyDebi. I'm just not sure what your acronynms: "SBA" or SBDC" stand for? Excuse my ignorance, but maybe it's something different in Canada?
Yes, I've done health care related business plans, but it is not a good format for cake decorating. ...Though, you're right - the data is the work!
SBA = Small Busibness Administration. (A U.S. gov agency)
Thanks for starting this thread. A lot of valuable info has been posted. I was told by my town bureau that I have to make up a business plan to submit in order to become a licensed home baker (and I had no idea where to start) so this thread has been very helpful. God...I love CC
Thank you, ladies
I'm sorry I didn't notice you were from Canada! SBDC (Small Biz Development Center) and the SBA help sm biz's with info, classes, workshops, etc. Not sure if you have a Canadian equivalent or not.