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Our Insights

Fresh from the Knowledge Pantry

Creating a successful food business takes more than just good recipes.  In addition to making a great product, you also have to build a strong brand, engage with your customers, and grow sales.   Learn more about the different components of small food business ownership.

Knowledge Pantry

Funding & Financials:

November 21, 2014

What Ever Happened With The JOBS Act?

The Jumpstart Our Business Startups Act (also known as the JOBS Act), was signed into law in April 2012 to great fanfare.  The crux of the law, for small businesses, was to enable companies to crowd fund capital from non accredited investors in exchange for equity.  Currently, small businesses who raise money via crowd funding…

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October 1, 2014

Another Challenge for ‘Edibles’ Businesses

As discussed yesterday, there is the potential for opportunity in the edibles market (the use of marijuana in food products) though there are many uncertainties that still need to be cleared up on both a state and federal level.  Beyond that though, many ‘edibles’ entrepreneurs face another challenge that typical food entrepreneurs don’t run into.

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September 15, 2014

What You Need To Know If You Plan On Buying A Food Business

I get questions from time to time from individuals who are interested in running food businesses but don’t necessarily want to start from scratch.  If this sounds like you, then here are some tips on what you need to know and what questions to ask the existing owners if you plan on buying an existing…

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August 28, 2014

Profits, Pies, And The Power Of Margins

I sat down the other day fully intent on getting some work done but instead got sucked into a rerun episode of the The Profit which captivated me.  Not only was it about a food company, but the problems this company faced were so similar to many of the issues I hear from food entrepreneurs….

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August 20, 2014

Amazon Enters Mobile Payment Scene

One of the best things to have happened to entrepreneurs in the past few years is the advent of credit card payment processing devices that not only enable small businesses to use their smartphones or tablet devices to accept credit cards, but that are also geared towards small businesses to begin with.  By this I…

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July 16, 2014

Crowdfunding Loosens The Rules

In case you missed it, just after the July 4th weekend, the internet was ablaze with news that someone had raised close to $50,000 to make potato salad.  Not open a potato salad restaurant, not start a potato salad company, but just to make potato salad.  You weren’t even garunteed to get any with your…

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