I was thinking of opening bakery/pastry and I was thinking how much capital I need .I wanted to open small yet profitable. can you tell me the capital if your are in the business or knows someone that is thanks in advance
Oct 01, 2020My parents have a bakery! They started 8 years ago And just to start the business they spend around 200,000 but they didnt had to pay for rent and so . So if u consider the rent and raw materials to start the business u will need more than 400,000 as beginner. But it's been 8 years now it might be even more expensive
Oct 02, 2020I'm not in the buisness bt i have asked around for the machineries and the smallest combinations if machines will cost u around 200k, then u have the rent, display, employees, branding, raw material, accessories i would say around 600k, bt u could use addis capital they will buy the machines for u as a loan and u only need 15% of the cost
Oct 02, 2020