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Showing posts from 2017

Has it really been 8 months?

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

What a year!

To say that 2016 was a bumpy ride might be an understatement.  We started off the year with a completed business plan and overambitious goals to launch the business by spring 2016.  A slap in the face by the big banks set me back quite a bit.  It made me realize that I needed to take a step back and gain the following of customers along with a stronger business plan to show that I am serious about moving forward. Fast forward to the end of the year "The Velvet Buttercream" saw significant sales increases up to the final three months of the year when sales quadrupled.  We posted sales gains for 9 out of 12 months, the 3 months we did not just so happened to be our slow summer season locally here in Phoenix.  We've been continually adding new items to the web store with the most recent items being our "Peanut Butter Cup" cake.  Currently we are working on a cake tentatively called the "Black Velvet Mocha", it's sure to be a death by chocolate so