Bakery Business Rakes Huge Profits! (INSANE How Much It Makes) Pt. 1

Wondering how to start a bakery and be your own boss? If you love baking and have an entrepreneurial spirit, you’ve likely considered opening a bakery. But you probably have questions, too, like whether you have the skills you need or if a bakery is a profitable business.

Watch Part 2:    • Bakery Business Rakes Huge Profits! (...  

In this interview with the owner of Wild Wheat Bakery, we’ll answer all of those questions and more! He’ll share his advice on how to start a bakery, including what equipment you need to start a bakery and how to set goals that lead to greater business success.

Wild Wheat’s owner started off in the corporate sector with a background in computer science before pivoting to become an entrepreneur. Wild Wheat Bakery is the latest of 4 business ventures he’s undertaken since becoming his own boss.

After buying the bakery in 2019, he quickly grew the business’ revenue to over $1 million. His life story is living proof that anyone can open a bakery business with the right knowledge.

One secret to the bakery’s success has been its diversity of income streams. Along with consumer sales of bread and baked goods, they run a restaurant and café and sell wholesale to other local businesses. This range of offerings is a big reason they’ve been able to maintain their success even through unforeseen hardships.

If you’ve learned something helpful from watching this interview, we’d love to hear about it! Like our video or drop a line in the comments, and don’t forget to subscribe to our channel so you’ll know when we post more beneficial business content.

Resources:
https://bit.ly/3WER7PS - Start or Grow Your Business with UpFlip Academy
https://wildwheatbakery.com - Find Out More About His Bakery Business

Timestamps:
0:00 Intro
1:54 Meeting PD
3:20 Business tour
4:37 Research on competitors
6:17 Using quality equipment
8:11 Acquiring new customers
9:56 Monthly expenses
11:50 How to manage people
12:52 Establishing connection with suppliers
13:56 Good and bad day on profits
15:27 Outro

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