
From start up to M&S supplier to insolvency - Greg Fraser, Bottle Baking Co
Running a business can often be compared to riding a rollercoaster.
From small beginnings in his kitchen to £1m orders from M&S and winning awards to cashflow problems and crashing back down, today’s guest, Greg Fraser has ridden that rollercoaster.
Listen to Greg’s amazing story and you’ll learn so many business lessons.
If you're looking for a business and entrepreneurship podcast that will inspire, motivate and educate you, through the personal business journeys and entrepreneurial lessons learnt of Leeds business owners then this is the podcast for you.
INTRODUCING GREG FRASER
Greg Fraser is a multi-brand founder with a passion for building standout food and gifting businesses that bring joy, spark curiosity and challenge the norm.
Greg has launched and grown The Bottled Baking Co and The Doggy Baking Co from scratch while also nurturing Laura’s Confectionery and Mon Dessert following an acquisition.
From kitchen experiments to nationwide and worldwide listings, Greg Fraser has learnt what it takes to go from idea to shelf, and how to keep evolving in a fast-paced consumer world. He's also learnt the hard way, how the business world can be brutal and how life may not go the way you were expecting it to.
EPISODE HIGHLIGHTS
[00:00:00] The genesis of Bottle Baking Co
[00:07:00] From hobby to business: The early days and scaling up
[00:17:30] The Impact of COVID-19 on Business Growth
[00:19:00] Transitioning to Full-Time Entrepreneurship
[00:22:00] Challenges of rapid growth and stock management
[00:30:00] Scaling production challenges
[00:32:00] The excitement of partnering with Marks and Spencer
[00:36:00] Financial struggles, cashflow management and the dangers of over-reliance on a single client
[00:51:00] The Journey to Liquidation
[00:57:00] Reflections on the Business Journey
3 KEY TAKEAWAYS & BUSINESS LEARNINGS
- Stock management is food manufacture is key; getting hold of, and having enough, stock
- If you haven’t got a business support network find one, and don’t be afraid to ask questions
- Someone always needs to be looking at the longer term strategy
3 MOMENTS TO LOOK OUT FOR
“The first Christmas orders came through in July”
“I took time off for Christmas orders… and never went back”
“It was risky borrowing that amount of money. I could buy a house with that!”
VALUABLE RESOURCES FOR YOU
Website: www.leedsbusinesspodcast.com
LinkedIn - https://www.linkedin.com/company/leeds-business-podcast/
Work with Phil - www.philfraser.co.uk
LinkedIn: https://www.linkedin.com/in/gregorfraser/
Shout out: https://www.thebiskery.com
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