Introduction to Business_Unit5_IP

Introduction to Business_Unit5_IP - ELEMENTS OF BUSINESS-1...

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ELEMENTS OF BUSINESS - 1 - Introduction to Business Unit 5 Individual Project Holly J. Soltow November 4, 2010 American Intercontinental University ELEMENTS OF BUSINESS
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ELEMENTS OF BUSINESS - 2 - Abstract Those wanting to open their own bakeries have many obstacles to overcome. Primarily, there are many rules and regulations when opening a bakery. It can tend to become very confusing. The question of whether you are to register with the federal, state or local government first? Which and what food labeling requirements must you follow? Who is it that must endorse your kitchen facilities and what exactly is it they are they looking for? If one is starting a bakery out of a home, will the health department need to inspect the home? And if that is the case how are they to get the home kitchen up to average? It can all become very complicated and awe-inspiring. Besides of course the legal and inspection matters, one may wonder how do you get those first few customers and among many other marketing concerns. Also very important thing are how to attract the right customers to the bakery and not only keep them returning, how to generate positive word of mouth advertising, how to price the goods so to make a reasonable profit and also have the customers feel they're getting a good deal. Much like the legal issues, thinking about all the marketing and pricing that goes into a bakery can seem overwhelming also.
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ELEMENTS OF BUSINESS - 3 - Body Organization’s basic legal environment I believe bakery’s to be wonderful businesses. There is nothing in the world quite like the smell of fresh baked goods. Then of course is the overwhelming joy that comes from watching your customers enjoy your baking. There are however many rules and regulations when opening a successful bakery. You must register with the federal, state
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This note was uploaded on 02/17/2012 for the course ITCO 101 taught by Professor Gugenhiem during the Spring '12 term at AIU Online.

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Introduction to Business_Unit5_IP - ELEMENTS OF BUSINESS-1...

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