This article covers everything you need to know about opening and operating a successful bakery and also about the requirements and cost of starting a bakery in Ghana.
How to start a bakery business in Ghana
Here is a step-by-step guide on how to start a bakery in Ghana on a small and commercial scale:
1. Get training first
Baking does not require you to go to university or any other prior education to acquire the skill. So, there are courses you can take if you want to learn baking, which could be through YouTube or any other online program. You can swear that gaining strength is through vocational training, because it requires a lot of practical knowledge, so the best way to learn is through apprenticeship.
You also have the option to enroll in classes that can be online or offline which can provide you with the knowledge and requirements needed to become a baker. Here’s what you can learn through training:
Secondly. Food Safety
Third. Forming the dough
VI. Device operation etc.
2. Create a business plan
Having a good business plan for your bakery allows you to know how successful you are in this industry. Many people fail to stand firm due to the lack of a business plan. What makes your bakery successful from other bakeries is a robust business plan, which can help you stay organized and get the necessary funds.
Creating a business plan for a bakery allows you to analyze every detail of the business ranging from required equipment, capital, competition, management, and market analysis. Note that a business plan can transform your vision into realistic goals and expectations intended to impress and interest investors.
When starting a bakery business, there are many costs you need to consider such as capital for equipment, business registration fees, employee fees, and warehousing fees. As a requirement, you will probably need a large sum of money to cover the cost required to start a bakery business. There are also many ways to increase capital or finance for a business which includes business loans, small business loans, etc.
One of the factors that make a bakery profitable is the location of the business. As a baker, you need a site where people can see your bakery and your edible goods. This is the reason why professional bakers usually take their time to find the best location according to their experience. If you are going to start a bakery business, consider location and environment as one of the important factors that will greatly enhance the success of your business.
5. Register your business
Since you plan to venture with this, you should plan to register with the Corporate Affairs Commission (CAC).
6. Purchase the required equipment
Bakery startup equipment plays a vital role by setting the standard of your bakery. You should know that bakeries require different types of baking tools, kitchenware, measuring equipment, and many more.
The following equipment is required for bakery business in Ghana:
I am. oven
Secondly. Proof funds
Third. Shelves and baking sheets
v. Work schedules
Viii. Freezers, etc.
This is some necessary equipment and tools.
7. Hire workers
You decide how many employees you need to get started. It’s 100% possible to start with two or three people in total, but as you go along, you’ll need to hire more employees. Here are some of the personnel you will need; Production bakers, counter staff, professional bakers, and kitchen assistants.
First, you have to make sure that you hire or hire employees who are skilled in performing their roles in the bakery business.
8. Promote your bakery business
Spend money on advertising your products. There are a lot of bakeries that you are likely to compete with and that is why you need to participate and invest in professional marketing and promotion of your business. Your advertising efforts can have a huge impact on the success and profit of your bakery business.
The best way to advertise starts with word of mouth to attract customers, then with billboards and the use of social media. Of course, the internet is very effective in reaching your goals.
Cost of starting a bakery in Ghana
Before starting any business, it is important to have an overview of the requirements and cost of starting a business. Here are the requirements and cost to consider when starting a bakery in Ghana:
- Training cost
- Business registration
- Equipment cost
- Staff hiring budget
- Promotion / advertising cost
However, it is very difficult to estimate the amount required to start a bakery, but based on research, the approximate estimate should be around $ 10,000 to $ 200,000 for a standard bakery, in which the miniature battery ranges from $ 1,000 to $ 10,000.