Business Plan
Business Plan
Executive summary
All-round the world, the highlight of most events is the cutting of cake. This might be weddings,
birthdays, retirements, bridal shower, promotion at work or graduation party.
However,cake baking and making is not just about combining cakes and baking materials. It is n art of
combining baking ingredients in the right ratio and recipes, decorating it beautifully so that people can
appreciate the sight as well as enjoy the taste of it. We at Astonishing Grip cakes N' More, are artist in
this business.
Astonishing Grip cakes N' More is poised to offer the best quality cakes and pastries that you won't find
elsewhere, our cakes and pastires are attractive, excellent tasting, well baked, fried, and prepared in the
most hygienic environment. We operate with high standard. Our management comprises professionals
in the cake making business, caterers and event planners .
We are not only concerned with your cakes and pastries but also interested in giving your event the best
services that brings great admiration and satisfaction. We also run a training session duration of four-six
months for people interested in cake baking and pastries. We are not only limited to that, we offers
event planning services, organizing birthday surprises and food trays, small chops in large quantity, as
well as indoor and outdoor catering services.
Location
We are suitated in offa, kwara state. We have the ambition of expanding our business to areas like
osogbo, ibadan, Ilorin and Lagos in the possible nearest future. This is because areas like Offa, kwara
state have a population density so their is tendency for different places to be buzzling with celebrations.
Their is always alot of joyous occasion in multiple locations on weekends, the location have rich supply
of baking ingredients and, as such, we can function as a business.
Market
The market for our service is readily available, there are alot of occassions being planned weekly. Events
are also organized, and our services is not limited to celebrations, but also conferences,seminars,
meetings. Therefore, we can
. Pastries like meat pie, doughnuts, Chin chin, egg roll and so on
. Handling large small chops for conferences and seminars as well as confectionaries.
Our patronage stems from mosque, churches, banks,, Government and private estblishments as well as
individuals.
Vision
"At Astonishing Grip cakes N' More, our vision is To be number one go-to company for all types of cakes,
pastries and events, renowned for our exquisite designs, exceptional taste, and outstanding customer
service. We aim to create unforgettable experiences for our clients, making every occasion a sweet and
cherished memory. We envision a future where our brand is synonymous with excellence, creativity,
and joy, inspiring a sense of wonder and delight in all who encounter our creations."
Mission:
"At Astonishing Grip cakes N' More, our mission is to craft exquisite cakes that delight the senses and
exceed our clients' expectations. We are dedicated to:
- Building long-term relationships with our clients through outstanding customer service
- Using only the freshest ingredients and sustainable practices to minimize our environmental footprint.
Products
. All types of cakes (birthdays, weddings, anniversary,graduation, etcetera.), Foil cakes, cupcakes, cake
parfait
. Smallchops, meat pie, doughnuts, chinchin, sausage roll, egg roll, chicken &fries, Food tray.
Services
. Indoor catering
. outdoor catering
. Birthday surprises
. Event planning and management
. Training
Strengths:
1. *Unique Selling Point (USP)*: our cake business offers custom designs, setting us apart from
competitors.
Weaknesses:
2. *Dependence*: The business relies heavily on our skills and presence, making it vulnerable to your
absence.
3. *Initial Start-up Costs*: Renting a studio and purchasing equipment can be expensive.
4. *Marketing Challenges*: Reaching a wider audience and competing with established businesses can
be difficult.
Opportunities
Threats
Our major threats is stiff competition. The country has lot of fast food, restaurant, emerging cakes and
event planner that may offer cheap prices that will translate but not necessarily standard services.
Equipments
Baking pan
Trays
Oven
Rolling pins
Steamer
Frying pans
Cooking utensils
Cutleries
Cake icing
Gas cylinders
Financial requirements
Here's an example of a financial requirements section for your cake business plan:
Financial Requirements:
- Start-up Costs:
Total: ₦750,000
- Working Capital:
Total: ₦350,000
- Funding Request:
- We are seeking a loan/ grant of ₦2,000,000 to cover start-up costs and working capital.
This section outlines the initial investment required to set up and run the business, as well as the
funding needed to cover ongoing expenses. You can adjust the amounts based on your specific needs
and circumstances.
Remember to also include a detailed financial projection, such as income statements, cash flow
statements, and balance sheets, to demonstrate the financial viability of your business.
Managements Team
As the business grows, we will consider adding more team members, such as:
Our services are too notch and we have the skilled and able workforce . These are the reasons why we
are the best