Determine what kinds of doughnuts you will specialize in and whether you will sell other food items.
If you are interested in a franchise, inquire with companies such as Dunkin Donuts, Krispy Kreme, Winchell's and Yum Yum.
She has worked as an alternative investment adviser in Miami, specializing in managed futures.
Xi has also worked as a stockbroker in New York City.
If going solo, you'll have to create your own recipes and secure your own supplier.
Figure on acquiring individual ingredients and/or ready-made mixes, mixing machines, doughnut frying equipment, coffee grinding and brewing equipment and financial tracking software.
Six to eight moderate batches of bakery and pastry products are prepared during the day to assure fresh baked goods are always available. This will establish a healthy, consistent revenue base to ensure stability of the business.
In addition, tourist traffic is expected to comprise approximately 35% of the revenues.
This allows you to build a following and test your recipes while giving you time to scope locations.
Contact your state and local governments about zoning issues, business permits, health and fire safety inspections and insurance requirements well in advance.