Budget
Red Velvet Bakery Budget Initial Startup Costs 1. Lease/Rent Deposit and Initial Rent (3 months) - Estimated Cost: $10,000 2. Renovations and Interior Design - Estimated Cost: $15,000 3. Bakery Equipment - Ovens: $5,000 - Mixers: $2,500 - Refrigeration Units: $3,500 - Display Cases: $2,000 - Miscellaneous Equipment: $2,000 - Total: $15,000 4. Furniture and Fixtures - Tables and Chairs: $3,000 - Countertops and Shelving: $2,000 - Total: $5,000 5. Initial Inventory - Ingredients (flour, sugar, butter, etc.): $2,000 - Packaging (boxes, bags, labels): $1,000 - Total: $3,000 6. Licensing and Permits - Health Permit: $500 - Business License: $300 - Other Licenses/Permits: $200 - Total: $1,000 7. Marketing and Advertising - Initial Marketing C...