Baked bean, unlike the name, is bean stewed in a rich tomato sauce. Beans are cooked over slow fire in the tomato sauce till fully done and soft. There are slight variations in the preparation of baked beans from one place to the other. Hommade baked beans are definitely superior in taste and flavor and also low on cost. Sausage and bacon make a value addition to your baked beans. Baked beans make for an excellent pizza topping too.