Angel Cakes
Can I ice your cupcakes?
Business Activities
- Generating Ideas- This company started one day when we sold cupcakes for a fundraiser and raised a lot of money for a good cause. From then on we knew that making and selling cupcakes was what we wanted to do. We live in a small town so the competition was almost non existent.
- Raising Capital- The money that made our dream come true was mainly our own money along with donations from family and friends that wanted to see us succeed. But we also had to take out a small loan to build the building that we are currently in.
- Employee & Training- To become an employee at our restaurant they first have to pass the interview which we ask about their character and their work ethics. If they pass that then there will be a weeks worth of training before the new employee is left to work on their own.
- Buying Goods & Services- A lot of our products will be home made but the ingredients we need we will get from the local stores like Wal-Mart, County Market and Sams Club. Those are only a few places we could buy our ingredients and cleaning supplies from.
- Marketing Good & Services- We are big in social media, since we are both outgoing girls we have our own Facebook page, Twitter, Instagram that we both contribute to daily. We have own own radio commercial along with a colorful add in the local newspaper. We also sell and advertise at major event like during the summer we have a stand at the Illinois State Fair, we have also traveled to St. Louis for a small town bake off. We provide our own business cards and hand them out whenever we can.
- Maintaining Business Records- We will track our orders and payments by hand. We will keep track of what we sell, how much we sell, what we buy all on paper then transfer it onto a computer in case something goes wrong in the process. When we need to submit our taxes and help with accounting we have Janese Henson (mother of co-founder Audrey Henson) through Washko CPA, and she helps take care of all of our taxes.
Business Entity
We chose Partnership because the both of us wanted to start up a cupcake business and neither one of us wanted to do it alone, so we came together to make the process of starting a new business easier and more fun! Some advantages of being in a Partnership is that we can rely on the other to help out and do the job. Another advantage is that we don't have to pay income tax. A couple disadvantages in a partnership is there is a risk of disagreement and friction among partners and management, a partnership usually has limitations that keeps the business from become a large business.
Ally and Audrey are our best bakers!
Guaranteed the best cupcakes in town
Business Goals
Some goal we have for this year are that we want to increase the yearly income by 10%. Also we want to improve the way our shop looks. To increase the number of cupcakes we sell a day by ten cupcakes. We want to improve how the cupcakes taste and look from the feed back of the returning customers. And lastly we want to be known for the best cupcakes in town.
Mission Statement
Cupcakes are more than a nice treat here and there, they are a lifestyle. Our cupcakes are a sweet indulgence into a world of happiness. These cupcakes are handmade and made to perfection with the finest ingredients that will put a smile on the customers faces.
Angel Cakes
Email: AngelCakes@gmail.com
Website: AngelCakes.com
Location: Located in a town near you
Phone: 217-622-9754
Twitter: @AngelCakes
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