First of all, you need to decide which items of baking products you will prepare for the customers. Then you need to check whether you have enough money to prepare those products or not.
You should fulfill the requirements of law before starting a baking business. It will help you in running your business in a hassle free manner.
If you want to start your business at commercial level, then you can also consider taking small business loan from a local bank that charges less mark up.
Make a market survey for purchasing the equipment as it will help you in getting an idea of the prices. You can also purchase used equipment which is in good condition as it will save you a lot of money.
Contact to a wholesale supplier for purchasing the ingredients for your baking products. Purchasing ingredients on a wholesale rate will save you a considerable amount of money.
You should advertise your baking business by using different advertising tools. You can use local magazines, newspapers and banners to get the attention of audience.
You should also print menus containing the details of products and prices and distribute these menus on busy places in your area like market, small restaurants etc.
Prepare quality products and make the price reasonable which will help you in earning the trust of customers and they will visit you frequently.