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 shop is open. For now though it will have to suffice.. :/
Some fun trends that have made large changes in the bakery have been the addition of the medium sized cupcake at $2 each, the "tall" cakes or as I call them "tall-boy" which is our 5 layer cake that stands about 5" tall, and the removal of any buttercream variant that is not light and fluffy (I.E. traditional buttercream). The Velvet Buttercream is now the primary buttercream, as it always should have been.. the only other option we offer for buttercream's are the Black Velvet Buttercream, and the several variations of Italian Buttercream (Kahlua, Salted Caramel, Bailey's vanilla cream, and Coconut). In all honesty, the Italian Buttercream is a close variant of The Velvet Buttercream, except that it's a lot more rich in flavor and smooth on the tongue. I'm drooling just thinking about it....
In the dog days of summer, business has slowed ever so slightly, but August and September are poised to pickup with the mild fall and winter months ahead of us. I'm looking forward to the addition of the cakes currently in the test kitchen lineup.. Tiffany Blue Velvet Rose, Malibu Strawberry Velvet (coconut cake), Caramel Pecan Spice cake, a Cranberry spiced Meringue pie, and so many other amazing things.
Stay tuned <3 p="">
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 shop is open. For now though it will have to suffice.. :/
Some fun trends that have made large changes in the bakery have been the addition of the medium sized cupcake at $2 each, the "tall" cakes or as I call them "tall-boy" which is our 5 layer cake that stands about 5" tall, and the removal of any buttercream variant that is not light and fluffy (I.E. traditional buttercream). The Velvet Buttercream is now the primary buttercream, as it always should have been.. the only other option we offer for buttercream's are the Black Velvet Buttercream, and the several variations of Italian Buttercream (Kahlua, Salted Caramel, Bailey's vanilla cream, and Coconut). In all honesty, the Italian Buttercream is a close variant of The Velvet Buttercream, except that it's a lot more rich in flavor and smooth on the tongue. I'm drooling just thinking about it....
In the dog days of summer, business has slowed ever so slightly, but August and September are poised to pickup with the mild fall and winter months ahead of us. I'm looking forward to the addition of the cakes currently in the test kitchen lineup.. Tiffany Blue Velvet Rose, Malibu Strawberry Velvet (coconut cake), Caramel Pecan Spice cake, a Cranberry spiced Meringue pie, and so many other amazing things.
Stay tuned <3 p="">
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