Updated: Jun 4, 2020
I apologize in advance, but this blog post may not be the most enjoyable thing to read, as it pertains to something that you've probably dreamt about for years. The reason I know this is because having my own storefront bakery was something I thought about ever since I was sixteen years old.
This is deep for me, and I want to share my experiences with the Bakesy Community.
1. I Would Make More $$$
What really happened was the complete opposite.
Despite all of my hard work (I will discuss that in a minute), I was paying everyone else BUT myself. While on the surface, I generated "six figures" after the first year - I did not make a single cent after expenses were all paid.
Let me repeat that - I did not make a SINGLE cent after everything was set and done after my first year. Yikes...
The utility costs every month were almost the cost of my rent for my apartment!
...and no I did not have a fancy bakery.
Don't forget... You CANNOT do this on your own. I had to hire employees, which comes with a price as well.
Between salaries, credit card processing fees, property insurance, general liability insurance, workers compensation insurance, utilities, taxes, etc.... I felt like I wanted to cry every time I got a bill!
2. Having Employees = More Time For Me
Boy was I wrong on this one...
This made me think back at all of those 'Holiday Cookie Seasons' and wish that I could go back to the good ol' days when that to me was considered "stress" and "time consuming".
...multiply Holiday Cookie Season by 10, and then make that the norm for all 12 months of the year.
Because I was the boss, I now became responsible for all of my employees, which included the quality of their work as well as their customer service.
'Good Help' is hard to find!
At the end of the day, your employees have no skin in the game.
No one will care as much about your business as you do.
...let that sink in.
Even if you have good staff (which I did for the most part), you will still have to work in some way or another EVERY.
The word 'vacation' immediately left my vocabulary. I couldn't just close my bakery for a week and miss out on potential business.
UGH I hated my life... (sorry, venting).
On average I would work 80+ hours a week and would have no time for my family.
...And when I did have time, I was not fun to be around.
I was always stressing over my business.
3. Running a Storefront Bakery will be Similar to my Home Baking Business.
No matter what industry you are in, owning a successful business is not an easy thing to do.
Being good at something doesn't mean that you will also be good at running a business.
I learned that the hard way.
As a baker, I consider myself to be a 'sugar artist', and all I wanted to do is create beautiful works of art. Unfortunately, (and a lot of people don't realize this), you will be spending more time running your business than you will be baking.
Like they say: "You can't have your cake and eat it too"
Things like inventory management and having to constantly buy supplies every week took a full day on its own.
Changing up the menu to always stay relevant was also something I learned to do quickly as well, and after a while, it became challenging.
THIS WAS NOT WHAT I SIGNED UP FOR!
It wasn't ALL bad though...
I'm a big believer that everything happens for a reason.
I walked away with so much growth from that experience, and I can truly say that I'm a stronger person because of it.
AND now with Bakesy, I spend less time doing administrative tasks, and more time doing what I love!