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Business Management analysis

Meet The Millionaires Who Owns Broadway Company Which Is Leading Bakery Company In Kenya

Starting a home bakery is a great idea but it's not as easy as it sounds. Good business planning is important because there are many things to consider when deciding to open a home bakery.

To successfully start and run a home-based bakery, you will have to comply with local laws, so building up a good business plan is the key to success.

Today, Broadways is managed by Bimal and his two cousins Hiten Shah and Bejul Shah. Broadways has however not been relying solely on the bread business.

The Broadway company which commenced operations in 1958, has over the years invested in the business with the aim of becoming a market leader in Kenya’s bread market. Broadways Chief Executive Bimal Shah on center, left side is Hiten Ratilal Shah and right side is Bejul Chunilal Shah.

Broadways, invested in its first fully automated bread plant, a Baker Perkins plant in 1979 with a production capacity of 70,000 loaves per day.The company bought four acres of land and installed a bread factory which cost Sh15 million, money borrowed from Barclays Bank.

Broadways has now since matured, producing as many as 170,000 loaves of bread daily and posting about Sh6 billion in annual revenue. Bakery is part of the larger Broadway Group which also has a milling company known as Bakex Millers.

The company now is offering an addition to its product portfolio comprising of its famous unsliced bread, while sliced bread, brown sliced bread, sandwich bread and the newly introduced Mando bites.

Content created and supplied by: FlywheelPartizon (via Opera News )

Baker Perkins Bimal Shah Broadway Broadways Hiten


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