Building a profitable food business starts with understanding your numbers. From production costs to pricing strategies, knowing how each financial decision impacts your bottom line is essential for long-term success.
In this free 60-minute online webinar, you’ll learn how to:
- Calculate your true Cost of Goods Sold (COGS)
- Understand unit economics and gross profit margins
- Develop pricing strategies that support sustainable growth
- Improve cash flow and overall profitability
Generating revenue is important, but understanding your costs and profit margins is what helps build a sustainable business.
This practical session is designed to help food entrepreneurs make informed financial decisions, set competitive prices and identify opportunities to improve profitability.
Topics covered include:
- Cost of Goods Sold (COGS): Understanding the true costs of producing your products
- Gross Margin Analysis: Measuring profitability on each sale
- Unit Economics: Evaluating the costs and revenue associated with individual products
- Cash Flow Fundamentals: Managing money coming in and going out of your business
- Break-Even Analysis: Determining how much you need to sell to cover your costs
- Financial Forecasting: Planning for future expenses, revenue and growth
- Wholesale and Retail Pricing: Developing pricing strategies for different sales channels
Whether you’re launching a new food product or looking to improve the profitability of an existing business, this session will provide practical tools and insights to help you make more confident financial decisions.
