Podcast Episode: Ask Me Anything – Business Stuff!

Today, we are going to continue with the Ask Me Anything questions. For those of you who missed the first episode of this, I recently put up a post in several of my Facebook groups saying that I’d tell you about anything you want to know. So in the first part, I dealt with the really fun questions that you asked me and today I will be answering some of the more serious,¬† interesting and harder hitting questions that so many of you have asked about running a small business. Listen in today to find out what they are!

These questions all came from my Facebook group, Baking Business Confidence by The Business of Baking, or my other Facebook group, Build Your Profitable Cake Business. They come from people, just like you guys, who are truly in the trenches, so listen in to find out more!

Show Highlights:

  • Best advice for someone thinking about opening a brick and mortar store.
  • Why you really need to take a look at your lifestyle if you decide to open a store.
  • Some things you need to do if you decide to open a store.
  • How long to persist with your business before you can expect to start making a profit.
  • Some warning signs to look out for when a business venture is in jeopardy of going under.
  • What to do if things are not working out with your business.
  • Be completely honest with yourself about what’s really going on with your business.
  • Persistence really does pay off.
  • Some things to consider when thinking of employing staff.
  • Some great tips for de-stressing, or for coping with overwhelming feelings when they hit you.
  • Learning to eat an elephant one bite at a time.
  • Breaking the perception that home-based cake businesses don’t equal store-based businesses.
  • Be the level of professionalism that you want to be so that location becomes irrelevant.
  • Keeping things fun and relaxing with your business
  • Remembering to be grateful for being able to do what you are doing- even when the going gets tough.
  • Don’t burn your apron just because of one mistake.

Remember that I have a lot happening for the podcast between now and the end of the year.

Resources Mentioned on the Show:

  • The Business of Baking On Tour, (www.bizbakeontour.com) which is my super fun, super informative¬† live, in-person classes that I teach. These will take place in the US, Canada, and in the UK for the rest of the year.
  • At the end of October, I’ll be opening Build Your Profitable Cake Business, which is the biggest class that I offer. It’s intended¬† for those of you who intend making a full-time business out of this.
  • And this August, my colleague, Sharon, and I are starting a brand new class called Sweet Side-Gig, (www.sweetsidegig.com) an online community and membership forum where we teach business skills to the people who are only doing this as a side-business but want it to be legit.
  • You can email me at michelle@thebizofbaking.com

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