Four Key Strategies to Boost Your Bakery’s Profit Margins

Most bakeries aim for a 70% gross profit margin and 30% cost of goods sold (COGS)—but many fall short without realising why. In this short video, we explore four areas that can make a big difference to your profitability:

Cost of Goods – Are you reviewing supplier costs and shopping around?

Product Mix – Are you focusing on higher-margin items?

Pricing – Have you kept your pricing up to date with rising costs?

Wastage – Are you monitoring how much product gets thrown out?

In this video, Glenn shares simple, actionable tips that could help you improve margins and strengthen your bakery business.

Sharp Accounting has been working with businesses in the baking industry for more than two decades. Our specialist accountants understand the unique challenges of bakery operations—from fluctuating ingredient costs to managing wastage—and we help clients improve their financial management, profit margins, and overall efficiency.