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Kitchen Notes: A Podcast by Bakery Business Academy
Meg Svec
51 episodes
2 months ago
Episode Summary: In this episode, we’re breaking down one of the most important—yet overlooked—numbers in bakery business success: your break-even point. Whether you’re feeling stuck, wondering if you can keep your doors open, or just want to make smarter decisions for your bakery’s future, understanding your break-even number is the first step. On this episode, Meg shares why “busy” doesn’t always mean “profitable” and a simple, actionable method to calculate your break-even—even if you’re n...
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All content for Kitchen Notes: A Podcast by Bakery Business Academy is the property of Meg Svec and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Episode Summary: In this episode, we’re breaking down one of the most important—yet overlooked—numbers in bakery business success: your break-even point. Whether you’re feeling stuck, wondering if you can keep your doors open, or just want to make smarter decisions for your bakery’s future, understanding your break-even number is the first step. On this episode, Meg shares why “busy” doesn’t always mean “profitable” and a simple, actionable method to calculate your break-even—even if you’re n...
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Food
Arts
Episodes (20/51)
Kitchen Notes: A Podcast by Bakery Business Academy
From Home Bakery to Heart of the Community: How The Evergreen Has Found a Recipe For Success in Rural Kentucky
Episode Summary: Join us on this inspiring episode of Kitchen Notes as we sit down with Amy Smith, the dynamic owner of The Evergreen Southern Kitchen & Gathering Place, a multifaceted Bakery/Cafe & event venue in Bridgeport, Kentucky. Transitioning from a corporate career to entrepreneurship, Amy shares her journey of creating a thriving business that not only serves delectable treats but also stands as a pillar in the community. Discover how Amy's blend of passion, creativity, and s...
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9 months ago
39 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
Introducing: Bakery Finance Essentials Live!
On today's episode, I'm excited to announce a new program we are running starting the week of August 5, 2024 - Bakery Finance Essentials LIVE!I've been teaching my flagship bakery finance e-course in one form or another since 2019 ... it's gone through many iterations and revisions, and I'm confident it is the most comprehensive & approachable bakery finance e-course out there today. We re-lauched the latest version of the program last month, and now I'm excited to announce that for the f...
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9 months ago
19 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
Reducing Friction In Your Ordering Process to Grow Your Bakery Sales
Order Up! On today's episode of Kitchen Notes, we're diving deep into your bakery’s ordering process - with a specific focus on reducing friction in the ordering process so you can increase sales. From crafting a user-friendly menu to leveraging modern technology for 24/7 ordering capabilities, we explore strategies & techniques to make buying from your bakery as effortless as possible. Join us as we discuss practical tips and share stories of real-world implementations that hav...
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9 months ago
24 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
Mid-Year Recap (Part 2): Finance Deep Dive from Our Bakery to Yours
On today's episode, we dive into a detailed financial review of the first half of 2024. We'll discusses investments, revenue growth, budget considerations, and specific financial metrics that we're keeping on eye on as we grow our bakery. This financial check-up aims to provide listeners with insights on managing their bakery's finances and adapting strategies for continued growth in the second half of the year.If you run a bakery business, this episode is packed with practical tips and "less...
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9 months ago
20 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
Mid-Year Recap: Hits, Misses, Trends, & Triumphs from Our Bakery to Yours (Part 1)
On today's episode, we're digging into "Part 1" of a new two-episode series where we look back at the first six months of 2024 - sharing key business updates, financial insights, and unique investments that have shaped the success of our year so far! Join us as we discuss the projects we've worked on, investments we've made this year, and trends that have influenced not just our bakery but could inspire your own culinary ventures as well. This episode is packed with valuable takeaways for any...
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10 months ago
25 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
The Marketing Myth: When More Sales Don't Equal More Money
Episode Summary:In this episode of Kitchen Notes, Meg dives into a crucial topic for bakery owners struggling with profitability: the myth that more sales always lead to more profit. Drawing from personal experiences and lessons learned with her bakery, Spilt Milk, Meg emphasizes the need to deeply understand your costs, price your products correctly with healthy profit margins, create a profit-first budget, and have a plan for monitoring numbers/taking corrective action. She outlines practic...
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11 months ago
17 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
Mixing It Up: Creative Collaborations to Boost Your Bottom Line
Episode Summary:In this episode of Kitchen Notes, join us as we explore the power of business collaborations to boost bakery sales, expand customer reach, and enhance brand exposure. Discover how partnerships with complementary businesses - whether with taco joints or local florists - can lead to fun and fruitful outcomes. Host Meg Svec shares real-life examples from recent successful collaborations, offers practical tips on setting up your own partnerships, and discusses how to ensure these ...
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11 months ago
26 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
Bake Smarter, Not Harder: Low-Effort Strategies for Boosting Your Bakery’s Revenue
Episode Summary:In today's episode of Kitchen Notes, we're diving deep into effective strategies for increasing your bakery's revenue, without the need to expand your menu or invest in new product development. Focusing on practical, low-effort techniques, we'll explore how things like minor packaging adjustments, "low-fi" subscription models, and regular sales promotions can significantly boost your bakery revenue. Whether you're operating with limited time or looking for creative ways t...
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11 months ago
18 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
Bake, Sell, Repeat - Let’s Crunch The Numbers in a Post-Holiday Debrief for Bakery Owners
Episode Summary:In this episode, we're diving into a detailed post-Mother's Day debrief that reveals how to leverage holiday sales to sustain and grow your bakery business. Join us as we explore practical strategies for maximizing revenue during key sales periods, with real-life examples from our recent successful Mother's Day holiday baker promo! Whether you're running a bustling retail bakery, are in the thick of online sales, or operate as a "popup" business ... this episode will prov...
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11 months ago
24 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
The Dough Must Go On: Life, Baking, and Business Resilience
Episode Summary: In this comeback episode of Kitchen Notes, we delve deep into the personal and professional challenges of running a bakery amidst life's unpredictable swings. Host Meg Svec shares her heartfelt experiences balancing personal challenges & family life with bakery management, and offers insights into navigating the financial and emotional ups and downs of the bakery business. Join us as we explore the importance of "knowing your numbers" and how this knowledge can be a lifel...
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11 months ago
24 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
Capping Off Our Most Profitable Year EVER - 2023 "Year In Review"
Join me as I look back & reflect on an eventful 2023! It's been a year of profound changes and learning for me, both on a personal level and as a business owner. From embracing my role as a parent, to steering our bakery towards new growth with the help of my business partner ... we're unwrapping it all on today's episode! Key Highlights:The changes we made this year to manage our team more effectively, New tools that have been game changers for giving our team more autonom...
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1 year ago
24 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
The January Juggle: Let's Talk Inventory Management Strategies
In today's episode, we're diving deep into the nitty-gritty of managing inventory, and practical strategies for deciding how much product you need to produce at your bakery.Picture this: it's December, we're knee-deep in the "holiday hustle", & sales are booming. Slow down there, soldier! January's peeking around the corner, ready to throw us a curveball. Inevitably, this is a time of the year when sales start to dip...folks are starting new diets, wallets are zipped up tight after ...
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1 year ago
21 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
Identifying Revenue vs. Pricing Issues in Your Bakery Business
In this episode, we dive deep into a common challenge faced by bakery owners: distinguishing between a revenue problem and a pricing problem. Often, bakery businesses struggle to cover their expenses, pay themselves, or grow due to low sales and/or cash flow issues. Today, we explore the importance of knowing and understanding your revenue / sales numbers, and discuss some general rules of thumb when it comes to managing your bakery budget - including how much you should plan to spend on...
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1 year ago
12 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
Listener Question: Money Matters, & Mastering Your Bakery's Bottom Line
In this episode of Kitchen Notes, we're taking a listener question & diving deep into an essential business finance topic: raising your prices! On today's episode, we'll talk about... The various factors that can impact your bottom-line profitability, The importance of understanding your business costs, which includes overhead costs (rent, utilities, etc.), labor costs (employee salaries), and product costs (ingredients and supplies), Regularly reviewing your profit an...
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1 year ago
22 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
Rising to Success: How Moira Walker Built Her Thriving Bakery Business
Moira Walker is a former deli owner who turned her passion for pie baking into a successful cottage bakery business. Moira began her business baking pies on the weekends, and selling from a charming roadside stand, using an honor box for payment.Her business grew through word of mouth, and the support of her local community.Before long, Moira expanded her business by participating in farmers' markets and networking with other vendors to find new opportunities. She discovered the game-cha...
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1 year ago
36 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
Navigating Challenges and Celebrating Milestones: A Mid-Year Bakery Update
We're back!It's been a minute since we've posted a new Kitchen Notes episode, and I'm excited to be back at it. Last time I spoke with you, we were talking 2023 goals. Now that we're about half-way through the year, let's check in - shall we?I'm sharing an update on what's been happening in MY business (Spilt Milk), and some lessons learned. I'm hoping you can find some inspiration and camaraderie in today's update!Here's what we'll talk about on today's episode:Bakery Updates: What's Happeni...
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1 year ago
21 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
2022 Wrap Up Part 3: Looking Ahead To A Fresh Start in 2023!
Happy New Year!In this 3-part series, we’ll be sitting down to “hit the reset button” as we start a new year. We’ll take a look back at 2022 to talk about what went well, exciting milestones we achieved as a business, lessons learned, and where we’re headed in 2023.Today, tune in for Part Three, where we're talking about some of the important pillars that our guiding our goals for the upcoming year, including commitments we are making to our team, our community, and the planet. Here’s a break...
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2 years ago
21 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
2022 Wrap Up Part 2: Lessons Learned
Happy New Year!In this 3-part series, we'll be sitting down to "hit the reset button" as we start a new year. We'll take a look back at 2022 to talk about what went well, exciting milestones we achieved as a business, lessons learned, and where we're headed in 2023.Today, tune in for Part Two, where we dig into a few things that could have been better about last year, including some valuable lessons learned we will carry with us into 2023. Here's a breakdown of what we cover in today's episod...
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2 years ago
31 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
2022 Wrap Up Part 1: The Good!
Happy New Year!Over the next 3 episodes, we'll be sitting down to "hit the reset button" as we start a new year. We'll take a look back at 2022 to talk about what went well, exciting milestones we achieved as a business, lessons learned, and where we're headed in 2023.Today, tune in for Part One of this three-part series, where we'll dive into:Our "Million Dollar Year" 🥳 ... Spilt Milk hit an exciting milestone in 2022. It was the first time in the history of our business that we exceeded one...
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2 years ago
24 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
Revenue Tips for a Profitable Holiday Season
If you run a bakery, you know that the fourth quarter can be incredibly hectic. Everybody wants their pastries and treats and goodies for the holiday season. While that usually means a big boost in revenue, it also means a whole lot of work. In this episode, we’re talking all about prepping for the holiday season — like how to boost revenue without adding a ton of extra tasks to your already full to-do list. We also get into:Maximizing production without taking on too much.How offering p...
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2 years ago
18 minutes

Kitchen Notes: A Podcast by Bakery Business Academy
Episode Summary: In this episode, we’re breaking down one of the most important—yet overlooked—numbers in bakery business success: your break-even point. Whether you’re feeling stuck, wondering if you can keep your doors open, or just want to make smarter decisions for your bakery’s future, understanding your break-even number is the first step. On this episode, Meg shares why “busy” doesn’t always mean “profitable” and a simple, actionable method to calculate your break-even—even if you’re n...