The Real Cost of Home-Based Business

Ready to achieve your business goals? Understanding the financial aspects of starting your home-based artisanal bakery is crucial for your success, whether you seek outside funding or not. While many individuals start their journey to entrepreneurship with the low-risk, high-reward that the artisanal home-based bakery business market provides, that doesn't mean that there are NO costs to setting up your venture. In this course, you’ll learn how to estimate the key financial needs of your bakery and use these estimates to determine when your business will start generating cash flow. You’ll also calculate how much capital you need to launch and sustain your bakery until you reach that positive cash flow. Additionally, the course will cover common bakery startup tools and equipment and discuss the key purchases you need to consider to get up and running and which purchases may be best saved until later in your business journey. You'll also explore some of the gender, privilege, and cultural challenges some groups may face in accessing capital and receive practical advice on overcoming these hurdles.