Micro Bakery Q&A: is a micro bakery small business profitable?

Hey guys, this week it's time for a little catchup and q&a, answering some of your questions you kindly left for me.... is a micro bakery profitable? Do you ever feel tired/ burnt out from baking... find out here! Lily x
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#bakerylife #dayinthelife #dayinthelifeofabaker #sourdough
00:00-05:00 - market catchup
05:00-07:19 - property hunt continues for a bakery
07:20-17:08 - q&a (costing products, inspection, burnout)
17:10-19:30 - is a micro bakery profitable?

Пікірлер: 32

  • @CARLOSJUSTINIANO-hf7qe
    @CARLOSJUSTINIANO-hf7qe4 ай бұрын

    love and dedication in your explanations, thank you Lily for so much

  • @LilysLoaf

    @LilysLoaf

    4 ай бұрын

    It's my pleasure!

  • @vhscopyofrainman163
    @vhscopyofrainman163 Жыл бұрын

    You're an inspiration to all small business owners

  • @LilysLoaf

    @LilysLoaf

    Жыл бұрын

    thank you!

  • @rwilson6637
    @rwilson6637 Жыл бұрын

    Wow the amount of dough at the beginning is insane! Love how you're doing well, been following you along with my own sourdough journey. I had to make another starter recently as I forgot to bring it to France and I've successfully made my first loaf 🙌

  • @mattmallecoccio8378
    @mattmallecoccio8378 Жыл бұрын

    Lily, so great to see you again! I doubt I will be able to start my own micro bakery but I have friends that love my bread. That is a beautiful thing and it's a great reason to bake - to meet needs. One never knows if they will get the opportunity to run a small business side hustle, though.

  • @LilysLoaf

    @LilysLoaf

    Жыл бұрын

    thank you Matt! Keep going with your loaves for your friends - a beautiful thing indeed!

  • @makk333
    @makk333 Жыл бұрын

    I work in an artisan sourdough bakery and been following you since the start. Thanks for the videos you're doing a great job!

  • @LilysLoaf

    @LilysLoaf

    Жыл бұрын

    thank you so much ☺️

  • @MrsJax304
    @MrsJax304 Жыл бұрын

    Thank you again for sharing and being transparent

  • @lucianosotorodriguez4468
    @lucianosotorodriguez4468 Жыл бұрын

    Hi Lily, Lucho here, from the RM crew! A few things from what I've heard in your Q&A!. 1: Thanks for everything you share, maybe I saw the RM for the first time in your videos, I've been in the group for 2 months now and it changed my baking life for good. Same as you, as a self taught baker, if I had a doubt pre chat group, it was harder to get answers, in the last 2 months it really unlocked so much knowledge, I love it in there!. 2: in regards to inspection, maybe every council is different, but here in North Devon, if it is domestic premises, they'll have to tell you when they are coming, they don't just show up. I've been inspected 3 times already and always knew when. 3: About profitability, I'm similar to you, but I love alone with my partner, and we manage to pay rent an everything, although she works as well, and she's trying to grow her own business, but we've had some months that she work very little and the biggest amount of income came from my bakery. ND is way cheaper than London of course, but it is profitable, although it is hard work as you know! 4: I absolutely get you on burnouts! For me are big markets, I love them and I can get very good income from them, but dear me, they are hard work to prepare, mostly because of lack of room!. Anyway, thanks for your work my baker friend! See you in the group!

  • @LilysLoaf

    @LilysLoaf

    Жыл бұрын

    hey Lucho, thanks so much for your comment!! Team RM2020 are just amazing and it's such a fantastic resource isn't it?! Such a comfort... yes, I think you are right in terms of the inspection; they do have to call/ warn you before of their arrival and set a date, but always have to be "Ready". Markets are always exhausting for me too... I have found it gets easier, but even so, I am completely whacked come 2pm so it's important to keep the day free for rest. Take care Lucho and speak soon!!

  • @davidwpinkston4226
    @davidwpinkston4226 Жыл бұрын

    do you keep a watch on bakery owners in south london? those with limited time left should be amenable to a deal.

  • @seabreeze583
    @seabreeze583 Жыл бұрын

    Thanks

  • @LilysLoaf

    @LilysLoaf

    Жыл бұрын

    thank you so much Louise!

  • @fabionunez8210
    @fabionunez8210 Жыл бұрын

    🔥🔥

  • @fairyrelaxation
    @fairyrelaxation Жыл бұрын

    Thank you Lily...can you tell me where you get your banettons?

  • @LilysLoaf

    @LilysLoaf

    Жыл бұрын

    my pleasure! brotformen.de x

  • @chrisvoulgaris
    @chrisvoulgaris Жыл бұрын

    You are such an inspiration. What is that oven that's in the middle? Is that a conventional oven?

  • @LilysLoaf

    @LilysLoaf

    Жыл бұрын

    thank you! it's a convection fan industrial oven :)

  • @mikehobson4692
    @mikehobson4692 Жыл бұрын

    Hello, where did you get the proofing baskets at? I have not seen those before. Just a home baker but would like to not use these cloth ones I have anymore. Keep it up

  • @LilysLoaf

    @LilysLoaf

    Жыл бұрын

    hey Mike, brotformen.de!

  • @mikehobson4692

    @mikehobson4692

    Жыл бұрын

    @@LilysLoaf Thanks for this. Also, nice oven. We have nothing like this available in Canada unfortunately.

  • @katyyung6247
    @katyyung6247 Жыл бұрын

    Thank you for being transparent with your finances. Very helpful info. May I ask how much you invested in the beginning when you first started? Will you be taking a bank loan for this space you’re looking for? Thanks again 😊

  • @LilysLoaf

    @LilysLoaf

    Жыл бұрын

    hey Katy! my pleasure - I made a video a long while back on my initial startup costs here: kzread.info/dash/bejne/gHuclK-Mp5DPmNo.html which were at roughly 6k for my rm2020 oven, island unit, baskets, 1st fridge, mixer, flour barrels, cooling rack, ingredients etc. Since then I've sold equipment and have been re-investing more money into the business made through deliveries, farmer's markets, wholesale work etc. for my convection oven, a second fridge and any further costs. Hope this helps!

  • @LilysLoaf

    @LilysLoaf

    Жыл бұрын

    oh and I am hesitant to take out a bank loan... I intend to crowdfund for initial start up costs as soon as I've found the right space :)

  • @katyyung6247

    @katyyung6247

    Жыл бұрын

    Thank you Lily! This is great info :)

  • @Eddy_Clarice_WayOfTheComb
    @Eddy_Clarice_WayOfTheComb Жыл бұрын

    grande donna

  • @alistairnorburn8082
    @alistairnorburn8082 Жыл бұрын

    I suggest removing the background music or turning it down as it is quite distracting with your soft voice! Nice video though

  • @LilysLoaf

    @LilysLoaf

    Жыл бұрын

    oh no, will work on that for next time!

  • @rachelbender1315
    @rachelbender1315 Жыл бұрын

    Thank you for answering my question Lily 🤎 you are such an inspiration to me with just starting my own in home bakery! Cheers from the US 🥰 you’re doing an amazing job and I’m eager to see where Lily’s Loaf goes!

  • @LilysLoaf

    @LilysLoaf

    Жыл бұрын

    my pleasure Rachel, thank you for sending it in!! All the very best to you and your micro bakery journey! x