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Dogwood Studio and Bakery (Personal Goals (Location (Location is First,…
Dogwood Studio and Bakery
Personal Goals
Flexibility
Able to work everyday
Need lots of flexibility
Travel
For meeting
For supplies
Location
Location is First
High traffic
Away from the city
Physical Requirements
No physical limitations
Need to be able to lift 25-50 lbs occasionally
Family Involvement
Family participation is accepted
Make room for family events
Professional Goals
Social interaction
Host events
Collaborate with businesses
Making sure to respond in timely manner
Work as a team
Involvement in daily operations
Baking
Cleaning
Organizing
Paperwork
Writing recipes
Filing taxes
Keeping track of receipts
Banking
Taking orders/planning
Creating new recipes/inspiration
Expertise, skills, and preferences
Stay goal oriented
Socialize/be involved
Hiring good accountant
Job security
Have sufficient emergency fund
Back up plans
Future professional goals
To be a legacy
Financially stable
Growth business or lifestyle business
Long-term growth/Lifestyle
Future personal income
Enough to support my family
To travel
Investment
Invest in taking time to think about consequences and risks
Invest in high quality ingredients
Invest in customers
Maintaining majority share
Maybe. Healthy debt might just be the magic key to starting up
Who and why they want a share