| Minding Your Business Looking for a good loaf of pumpernickel or cheddar bread? You wont find it at Billy Bread in Richmond. The bakery doesnt sell conventional breads or other bakery staples such as croissants or muffins.
Fallen opened his wholesale bakery in November. "I had a substantial amount of business to begin with," he says. He reached full capacity baking and selling up to 200 loaves a day in only 14 weeks. Fallen attributes his companys rapid success to his attention to detail and pride in the product, not to mention low overhead. Except for a few deliverymen, Fallen is the only employee. Hes a one-man band, doing everything from baking and delivering Billy Bread to executing business-deals, bookkeeping and cleaning. While this may seem a heavy workload to some, Fallen insists its important to do as much himself as possible in order to establish the reputation of his bakery and maintain quality control. His loaves sell wholesale for $2.50 apiece. Fallen says that for now, all his revenue goes to overhead and start-up costs, which include a $38,000 oven and a German-made mixer imported from Quebec. Fallen plans to pay off loans which were financed by his family within a year. Once the loans are gone, he plans to hire another baker for a second shift to meet the increasing demand. Fallen also hopes to open another wholesale bakery in the Charlottesville area. Hes "not counting anything out" in terms of expansion outside of Virginia. But like many small business owners, he worries about finding employees who are as dedicated to the product as he is. "Finding capital will be the easy part. Im struggling to find bakers who pay attention to details." Lauren Zagorski
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