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Beyond 51%: Determining Your TRUE Product Margins for Food Business Success

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Manage episode 475638196 series 2840436
Content provided by The Good Food CFO. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Good Food CFO or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Did you hear the episode where Sarah told her client they needed 70% product margins? Were you curious why it was so much higher than the usually recommended 51%?

In this episode, Sarah pulls back the curtain on how she determines the right product margins for different food businesses, and guides you to finding yours.

She reveals where your P&L is hiding crucial information and walks through her "orange slice" method for visualizing what's really happening with the revenue you earn. You'll learn the importance of separating “core COGS” from “other COGS”, why so many people talk about “contribution margin”, what it is and the role it plays in determining your product margins.

Through a real case study, Sarah demonstrates how breaking down these numbers guides you to your perfect product margins.

This episode is your roadmap to financial clarity.
Get ready to see your numbers in a whole new way!

Join The Good Food CFO Community:

Follow us on Instagram: @thegoodfoodcfo

Connect on LinkedIn: @sarahdelevan

Watch on YouTube: @thegoodfoodcfo

Become a Member: BABOYOT

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit thegoodfoodcfo.substack.com/subscribe

  continue reading

166 episodes

Artwork
iconShare
 
Manage episode 475638196 series 2840436
Content provided by The Good Food CFO. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Good Food CFO or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Did you hear the episode where Sarah told her client they needed 70% product margins? Were you curious why it was so much higher than the usually recommended 51%?

In this episode, Sarah pulls back the curtain on how she determines the right product margins for different food businesses, and guides you to finding yours.

She reveals where your P&L is hiding crucial information and walks through her "orange slice" method for visualizing what's really happening with the revenue you earn. You'll learn the importance of separating “core COGS” from “other COGS”, why so many people talk about “contribution margin”, what it is and the role it plays in determining your product margins.

Through a real case study, Sarah demonstrates how breaking down these numbers guides you to your perfect product margins.

This episode is your roadmap to financial clarity.
Get ready to see your numbers in a whole new way!

Join The Good Food CFO Community:

Follow us on Instagram: @thegoodfoodcfo

Connect on LinkedIn: @sarahdelevan

Watch on YouTube: @thegoodfoodcfo

Become a Member: BABOYOT

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit thegoodfoodcfo.substack.com/subscribe

  continue reading

166 episodes

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