Posts tagged financial sustainability
How to Build a Profitable Food Business
 
 
 

The work of building a successful food business isn’t glamorous…

Talking about numbers isn’t sexy... 
Photos of spreadsheets on instagram don’t garner a lot of attention...
The work that I ask business owners to do is not glamorous, but it’s required to build a profitable business.  

I know it’s fun to think about branding + marketing, to interact with your customers, to score a new wholesale account. And all of those things are important for a successful food business!

But the reality is that you can’t achieve your long-term business goals without financial sustainability + profitability. 

I meet food brands all the time that have stellar sales months… matched by BIG losses.  
I don’t want that for you!


if we’re going to change our food industry, we’ve got to build sustainable good food businesses. 


WE CAN build financially sustainable businesses By cultivating a mindset of CONSISTENTLY reviewing your data, correctly identifying inconsistencies, and creating strategies to correct them.



The more you get acquainted with this mindset, the easier the work becomes, and the less stress you have around the money in your business.
It’s not glamorous, but it’s how you reach your goals. 
Ready to get started? 

Download the free profitability roadmap, join the Free Profitable Food Business Community, and let’s go!

 

About the Author: Sarah Delevan is a Food Business Financial Coach and Consultant with over 7 years of working in the food industry. She received her MBA from Rollins College and In 2017 she founded Sarah Delevan Consulting based in Los Angeles, CA and serving clients across the United States. She is the creator of the Financial Success Formula and the founder of the Profitable Food Business program. To learn more about Sarah and opportunities to grow a more profitable food business Click Here.

How to Create a Financially Sustainable and Profitable Food Business
 
Create a Financially Sustainable and Profitable Food Business
 
 

You’ve got big goals for your food business, I know you do! 

Whether you want to build a local family business, a national brand, or a rapidly growing biz that you can sell in a few years…

The path to reaching your goals, and doing so WITHOUT burning yourself out, involves achieving financial sustainability and consistent profitability. 


What exactly is financial sustainability?

Simply put, it’s consistent cash flow within your business that results in no more worrying about if you’ll have enough money to cover the bills, pay your employees and pay yourself. 

why focus on Profitability? 

Profits are the amount of money leftover after you pay for your COGS, operations and labor.  

You can reinvest them to grow your team, expand your operations, hang on to them so your business has cash on hand during slow months…you can use them however you’d like!  The point is that there is money left over for you to put toward reaching your goals. 

how do you achieve financial sustainability and profitability in your food business?

The way you achieve these things is NOT by doing more + selling more.  It’s by understanding, optimizing and maximizing the financial efficiency of your business.

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About the Author: Sarah Delevan is a Food Business Financial Coach and Consultant with over 7 years of working in the food industry. She received her MBA from Rollins College and In 2017 she founded Sarah Delevan Consulting based in Los Angeles, CA and serving clients across the United States. She is the creator of the Financial Success Formula and the founder of the Profitable Food Business program. To learn more about Sarah and opportunities to grow a more profitable food business Click Here.