57 min
243. How to Avoid the Most Common Food Biz Finance Pitfalls Food Biz Wiz
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- Marketing
Psst, before we tell you about the episode: Food Biz Wiz is hosting Wholesale Week from Monday, June 3rd - Friday, June 7th! Wholesale Week is our 5-day FREE online workshop for food, bev, and taxable grocery brands that want a solid starting point for a smart retail strategy. With 10 minute, bite-sized lessons, it’s easy to participate. Register at the link here! Now, back to this episode!
Online, on TV, and from your next door neighbor, you’ll hear tons of financial advice for your business. “Avoid debt at all costs.” “You need to spend money to make money.” “Advisors from Fortune 500 companies will always know better than you.” It can be confusing to say the least! In this episode, Sarah Delevan, the Founder & CEO of Sarah Delevan Consulting & The Good Food CFO, joins us to shed light on some of the most common financial challenges food businesses face, debunk some misconceptions, AND share how brands can navigate those challenges. In this episode of the Food Biz Wiz podcast, you’ll hear more about….
Why higher sales don’t automatically solve a cash flow problem
How critical it is to know all of your product margins
What you can do to take a holistic approach to your cash flow and margin
Reframing how we see debt and why it’s not inherently bad to have debt
Wizes, we can’t wait for you to listen to this conversation! If you want to check out all the useful episodes mentioned, as well as more about Sarah, check out our full show notes here. You’ll also find our Instagram and LinkedIn links there as well!
Psst, before we tell you about the episode: Food Biz Wiz is hosting Wholesale Week from Monday, June 3rd - Friday, June 7th! Wholesale Week is our 5-day FREE online workshop for food, bev, and taxable grocery brands that want a solid starting point for a smart retail strategy. With 10 minute, bite-sized lessons, it’s easy to participate. Register at the link here! Now, back to this episode!
Online, on TV, and from your next door neighbor, you’ll hear tons of financial advice for your business. “Avoid debt at all costs.” “You need to spend money to make money.” “Advisors from Fortune 500 companies will always know better than you.” It can be confusing to say the least! In this episode, Sarah Delevan, the Founder & CEO of Sarah Delevan Consulting & The Good Food CFO, joins us to shed light on some of the most common financial challenges food businesses face, debunk some misconceptions, AND share how brands can navigate those challenges. In this episode of the Food Biz Wiz podcast, you’ll hear more about….
Why higher sales don’t automatically solve a cash flow problem
How critical it is to know all of your product margins
What you can do to take a holistic approach to your cash flow and margin
Reframing how we see debt and why it’s not inherently bad to have debt
Wizes, we can’t wait for you to listen to this conversation! If you want to check out all the useful episodes mentioned, as well as more about Sarah, check out our full show notes here. You’ll also find our Instagram and LinkedIn links there as well!
57 min