Thursday, May16th, 2024 @ 10:00 am – 11:00 am
Pricing your food/beverage product can be tricky. Learn how to determine the best price for your goods to retain a year-end profit.
This session is for you if you want 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 your decisions 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 a product and service business to assist you through the process. Use the spreadsheet to develop your timeline, operating and capital costs, and pricing calculator to create a cash flow 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!
– Offered as a webinar –