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BellaSweet
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Joined: Jun 12, 2006
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Location: AUSTIN TX
Birthday: Nov 13
PostPosted: Tue Jun 24, 2008 6:41 am  Reply with quoteBack to top

Okay so i've put off opening my own business for a while now. About two years. I've got a friend in the banking business and is willing to help me open my own place. I've always been really hesitant. But now something indide me completely turned around and I am finding myself totally inspired and motivated. The only problem is is that I have a full time job. Have any of you ever opened or tried opening your own legal business while doing a 9-5er?
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BellaSweet
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Joined: Jun 12, 2006
Posts: 131
Location: AUSTIN TX
Birthday: Nov 13
PostPosted: Tue Jun 24, 2008 7:31 am  Reply with quoteBack to top

Can someone help me??? Don't mean to be impatient.
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smab109
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PostPosted: Tue Jun 24, 2008 7:39 am  Reply with quoteBack to top

Are you in a state that allows home bakeries? That is what I do... work 8-5 and do the baking jobs at night.
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BellaSweet
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Joined: Jun 12, 2006
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Location: AUSTIN TX
Birthday: Nov 13
PostPosted: Tue Jun 24, 2008 10:17 am  Reply with quoteBack to top

Unfortunately, I am in Texas. The smack daddy if bakerie hell. There is one well known Lady here in the city with an inhome bakery. Don't know how she does it, but she's legal. I really want my own place.... Sad [/i]
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littlecake
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PostPosted: Tue Jun 24, 2008 11:47 am  Reply with quoteBack to top

my only "full time days" are thurs fri and saturday...

if you could manage working the the other days, you might could do that for awhile...but man, that would be a lot of work!

is your "day job" physically demanding?
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melodyscakes
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PostPosted: Tue Jun 24, 2008 11:57 am  Reply with quoteBack to top

I own a bakery, and there is no time left for a 9-5 job! owning your own business is almost 24-7.

hope this helps.


melody
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k8memphis
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PostPosted: Tue Jun 24, 2008 12:33 pm  Reply with quoteBack to top

I agree --if you have overhead you have a ticking time bomb gonna go off every month. How's that for positive encouragement? Embarassed But it is!! You could do it if you hired people you could trust to do the work or had ridiculously low overhead, or the state would lighten up and let us work from home.
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BellaSweet
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Joined: Jun 12, 2006
Posts: 131
Location: AUSTIN TX
Birthday: Nov 13
PostPosted: Tue Jun 24, 2008 2:10 pm  Reply with quoteBack to top

Okay so what i should have said was.....I would like to open my own business. The people and his resources are there. Could I go through the process of opening a akery while still working full time. And then stop doing the admin job when bakery is open. And finally focus on bakery. Hope that's clear guys.
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k8memphis
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PostPosted: Tue Jun 24, 2008 4:03 pm  Reply with quoteBack to top

Kinda sorta prolly not. I couldn't. I've opened two for real businesses besides the speakeasy, my home cake business. There's just not enough room in my head.
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melodyscakes
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PostPosted: Tue Jun 24, 2008 4:08 pm  Reply with quoteBack to top

thats different then, I don't see why you couldn't work full time while you were getting ready to open up. although there will be days you have to be at your bakery for the contractors, inspectors, ect.

good luck!


melody
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JulieB
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PostPosted: Tue Jun 24, 2008 5:44 pm  Reply with quoteBack to top

A lotta people do cakes on the side, why couldn't you? Depends on what you consider "opening a business", I would think.
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AZCakeGirl
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PostPosted: Tue Jun 24, 2008 5:55 pm  Reply with quoteBack to top

I have my own shop, but it is open by "appointment only". I like it this way because during the slow season it allows me to work a temp job & I just schedule my appointments around it. I mainly focus on weddings & specialty cakes though so if you were doing more, it may not work out as well.
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Mac
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Joined: Jul 20, 2005
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Location: East Texas
Birthday: Aug 29
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PostPosted: Tue Jun 24, 2008 6:08 pm  Reply with quoteBack to top

BellaSweet--
Where in Texas are you?

I have a 9-5 job Monday thru Friday. I also rent a commercial and inspected kitchen 3 nights a week (for $400 a month) from a private school. I figured if I go make $400 a week on cakes--one week would pay for kitchen rental, another week for supplies and ingredients and the next 2 weeks would be profit. I have found that JUST starting the business there is more out-of-pocket stuff. All the licenses and certificates that you need, the Food Safety Management class you have to take, insurance and advertising. However, all of that is tax deductible...YAY!

I am in East Texas...just purchased my first ad in a local wedding magazine for $651.00 for the 1st 6 months and it is an 8th of a page ad.
Kinda slow right now but I have talked with many businesses that have placed an ad with this magazine and all say their business has soared. Fingers crossed. I am looking at maybe in the fall only working Monday thru Thurs at my "real job". And hopefully, next year, doing cakin' full-time. PM me if you have any other questions. Sorry this is so long.
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littlecake
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PostPosted: Tue Jun 24, 2008 9:41 pm  Reply with quoteBack to top

You can do it...it'll just be rough for awhile....I just keep in my head "this is temporary"...while i've had to do things that were hard in business.

Hey, if it was easy...everyone would be doin it..,..we entepenuers (sp?)must learn how to think outside the box, and problem solve in creative ways.

Everyone and their dog will tell you why you can't....people are really afraid to take a chance...then they regret not trying.

people thought i was crazy for the last property i bought...(it was in such bad shape)..now that i'm making progress, i'm not so crazy anymore....and when i'm done, i won't owe a dime to anyone, there have been rough times, i just think "temporary"....keep getting up and working at it...soon you get past it.

GOOD LUCK, I'm pulling for ya.
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drowsyrn
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Joined: Apr 09, 2008
Posts: 70
Location: Oklahoma

PostPosted: Tue Jun 24, 2008 10:03 pm  Reply with quoteBack to top

Is there any way you can work part time? I went to part time and still work part time after opening my shop. I am opened four days a week.
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