It depends on the location of the bakery, the needs and wants of the customers, competition, economy, whether the bakery can charge the lowest price possible while still making a profit. The best thing to do as with any business is to do a SWOT Analysis-looking at the internal strengths and weaknesses and looking at the external opportunities and threats. Competition and the economy usually are the major threats within any business.
by JaxsonRaine 6 years ago
Alright, I'm tired of debating healthcare. I'm just going to give some information for everyone.The US leads the world in obesity rates, and obese people pay $1,500+ per year more than non-obese.The US leads(or nearly) the world in diabetes rates. Diabetics spend 2.3 times as much on healthcare...
by Cholee Clay 5 years ago
My husband thinks it would be a great idea if I started looking into creating my own bakery. I do love to bake, and I create some crazy delicious cookies however I'm not sure I would be cut out for the baking industry. My family loves my baking, but I'm not sure I would be good enough for complete...
by junko 4 years ago
I remember when I was growing up in a community where there were small community supermarkets and appliance stores all around the town. There were Drug stores and hardware stores, bakeries, and fish markets in walking distance all over town. Walmart drove almost all of those small business...
by rhamson 3 years ago
Two trains of thought are being bantered back and forth. Does a raising of the minimum wage create job loss and lower profits and more unemployment or does it increase disposable income thereby jump starting the economy and increasing hiring?
by JaxsonRaine 6 years ago
Companies like Shell and Exxon operate on a 7% profit margin. This currently means we are paying them approximately $0.25/gallon of gas. Yet, many people call outrage that they charge such high profits as 7%.Insurance companies operate on a 4% profit margin, but they are blamed for the high costs...
by James Smith 5 years ago
Stirring the pot a little bit with this hopefully.http://www.tomwoods.com/blog/but-i-thou … -business/Since Wall Street is the main beneficiary of the Fed through bailouts and money printing, a sound-money advocate Ron Paul Presidency would spell disaster for the 1%. They can rest easy,...
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