Thandeka Mpiyakhe
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Mpiyakhe’s Bakery
Industry: Bakery
Location: Kwa-Magxaki
Total Required: R50000
About Mpiyakhe's Bakery
What I am currently doing with my small business
I am currently taking orders and baking in my home, I am baking cakes, scones , cupcakes and bread
If I acquired funding this is how I would expand my small business
Growth in a business is very important, so if I acquire funding it will help in so many ways in my line of work, which are purchasing of assets , being able to take more orders( being able to purchase products in larger quantities )and bake for a larger scale of people, it will assist with finding a a bigger space currently I am working from my house and have limited resources. It will help with purchasing of new equipment such as
mixers, trays , oven, baking scales and baking tools.
ingredients.
branded packaging,
add staff.
premises.
My goal is s expand my business and not just bake for the bakery but bake for functions such as weddings or funerals. So funding will assist in all these aspects that I have mentioned above and will allow my business to expand.
How will funding impact my small business
It will help my business in a very positive, it will allow me to focus on a very crucial part of my business which is marketing , this will allow me to advertise my business in local radio stations , create flyers for advertising which I will distribute to the general public , local schools and go to catering companies. In my line of business marketing and samples are very important because people will buy into something they can back up. Being able to have a budget for samples and a space that I can fully say is for my bakery is very important and lastly be fully independent in my business.