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S4 Ep1 With Steve Magnall, owner of Two Magpies Group
Manage episode 407383496 series 3561093
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Chances are, by now, you’ll have seen Steve’s bakeries on one of your days out, or if you haven’t, you likely will do soon!
Steve chats to Chris about how he met the founder of Two Magpies Bakery, Rebecca Bishop, and left the corporate life behind him back in 2018, to help invest and grow the then small bakery into the well-known chain it is today.
Steve speaks honestly on the financial situation they found themselves in during lockdown, and what they did to ensure the future of the business, and therefore the mortgages of his team, whom he speaks of with great pride. He elaborates on the current impact of the cost-of-living crisis, and the 600% hike in their electricity costs, but how this is not diminishing his hopes for the future of the business and its continued expansion.
A self-confessed risk taker, Steve is also a measured thinker (not a great baker though!). He chats to Chris about his hands-on business approach and reflects candidly on the last few years and how customer behaviour has changed post lockdown.
This is a conversation that might well ignite a fire in many, and will certainly make other business owners feel less alone in the face of ongoing challenges for the sector.
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