Bread may not make you rich, but it can be a very profitable business that supports the community and does well even in a down economy. You also have some nice options to specialize and to offer services beyond selling cakes and bread, such as hotdog & hamburger rolls.
Here's what you need to get your bread from the ground.
A business plan –
Before you start buying an expensive oven, or you sign a lease for a stunning corner location, you need to describe all the nuts and bolts of your business on paper. Learn that you have made a miscalculation much cheaper on paper than in real life.
You might be able to get the experience of others, but I really do not recommend it. Even if you only get a very luxurious level of top culinary school, if you have never worked behind the counter and in the kitchen and at the table accountant from the bakery, then you have much to learn.
A business license and approval of local government –
If you are preparing and serving food, you will run into all kinds of government and monitoring requirements that other businesses do not have to deal with. This is even if you are starting a bakery at home. In addition to the basic license, you also have to pass the dreaded food inspection.