Foodpreneur Advantage is a regional collaboration of Small Business Enterprise Centres, made possible by generous support from Libro Credit Union, and FedDev Ontario.
This initiative provides a variety of seminars for entrepreneurs in the food and beverage industry. Whether you are starting your food venture, or ready to expand and scale your operation, this is the place to start.
Costing & Pricing to Make Profits
This session is for you if you are would like to know how to price your food or beverage product appropriately.
In this free 60-minute online seminar learn about:
- Understanding your COGS
- Cash Flow Management
- Planning for Profits
If you want to run a successful business it’s important for you to know the ‘numbers’. Learn how to cost and price your products and services for profitability and how the decisions you make about your operations and production processes affect your bottom line. Understand how to budget and spend money so you can pay all your bills and still have money left in your pocket at the end of the year.
Each participant will receive an Excel Financial Forecasting spreadsheet (blank) and completed examples for both a product and service business to assist you through the process. Use the spreadsheet to develop your individual timeline, operating and capital costs, and pricing calculator to create a cashflow projection and income statement for your business.
You will leave with a better understanding of how cost and price your product to make a profit in the food and beverage industry!