A profitable business is what any CEO will want. A profitable business is not a demand for CEOs but it is also the demand of any employee in that business. Because it is evident that if an employee is working in a company which is working on no profit and loss, the employees feel it and some can see the stats as well and that is why they work under stress. If you want to open a business that makes you good cash then we suggest that you see the stats of which industry is going up and high.
How Much is the Cake Business Making in a Year?
You will be amazed to know that the business of cake is hitting the market with over 7.5 billion dollars and that also only in UAE. Which means that there more than many best cake shops in Dubai. We are sure that you will be now tempted to open a cake shop and below you will find more benefits of opening one.
- Less Startup Cost: we all look for a business that requires less investment or start up cost and gives the maximum number of profits. Most of us, when we see huge bakeries, we think that they require a lot of money to start but the fact is that if you open a small bakery and do its marketing right, you can make your cake business go city to city within months.
- Loyal Customers: people will pay anything for the sake of taste. And if you have taste in your cakes, then you will be getting orders from all around the state and even country. Then no matter how many cake shops open and no matter how much they make attractive cakes, your customers will remain your customers.
- Boosts Creativity: the cake business is very competitive and that is why super creative bakers are emerging out every day and showing impressive skills in the art of baking cake. You will also be getting creative to keep your head up in the game.
- Sustainable Market: this is the kind of business that is never going down even in the apocalypse. You don’t have to worry about its market going down.
- Growth in Business: if you do the right marketing and you have taste in your cakes, then your business is prone to grow.