Wow.. so it's been 8 months since my last post and i'm pretty shocked at how fast this year has flown by. The Velvet Buttercream has really taken off like a weed in terms of sales! I've made large advancements in showcasing the profitability of the bakery and proving that I know how to manage the business and not just make the delicious cakes ;) In january of this year I began making preparations to begin counting inventory so that I know how much I have vested into my company. February was my first initial inventory, March would be the first month when I am able to see how much i'm actually spending per month. Now that i'm 7 months into counting inventory I've noticed a stable food cost, which I will admit is very high, however.. I do still find myself buying select items from a grocery store since there would be no way in hell i'd finish a full case of lemons before they went bad. I anticipate the number to continue dropping considerably once my
The Velvet Buttercream has come a long way since 2010, but I am here to document the bakery as it advances towards that amazing goal of a grand opening.