I'm hoping to open a cupcake shop sometime in the near future. I'm having a hard time deciding on how many flavors to offer on any given day. I'm going to have three flavors constant and switch the other flavors daily or weekly. I have a list of flavors that I want to offer and that I'm currently testing.

Start googling cupcake shops in big cities. That's what I did. You will quickly see a pattern that will suit you. I already own a commercial kitchen, but I will be opening a shop soon. I will have staples and flavors of the day, but since I will also remain a small batch bakery, special orders of twelve or more will be accomodated daily. Mine will be a full bakery, so my amounts will be smaller than a cupcake only business. It helps to already have a following of special orders.

I already have some people interested in cakes I've made but I have yet to sale one cause I wanted to do it legally, even though offered to pay me.

I will also be doing special order cupcakes and cakes. And I plan on offering cake pops as well as cakesicles, work in progress. This would effect the amount I have at a time right?

I don't have any idea about your area. It's going to be a balance between what you can produce and what you must produce to pay the bills. Be very honest with yourself and look at how much product will have to be sold to cover all expenses before you get one penny. You will find that for a retail establishment with the commercial kitchen and employees, this number will be staggering. Please proceed with you eyes wide open. And if you are not doing this debt free, you really need to know what you are doing and have plenty of prior experience in owning a business. This may sound harsh, but it's the best and most honest advice you will get.

85% of small businesses fail in the first year. The failure can jeopardize your house, credit rating, and your future income. And most failed businesses end up with a constantly growing IRS bill that will haunt them for years.