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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.

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Funding & Financials:

November 21, 2016

Selling Equity In Your Company Via Crowdfunding

First crowdfunding turned the idea of raising capital on its head by enabling entrepreneurs and artists to finance their endeavors by asking the crowd – be it friends, family, and even perfect strangers who were interested in their idea or concept, for monetary donations*. Though not necessarily a requirement of crowdfunding, financial backers came to…

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October 25, 2016

What Is The Chart Of Accounts – And Why Is It So Important?

When I teach in-person food entrepreneurship courses, I always talk about the importance of getting your accounting system in place. A big piece of that is making sure that you understand what the Chart of Accounts is and that, regardless of the accounting software you use to track your revenue and expenses, that you make…

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October 17, 2016

Accounting Basics For Food Entrepreneurs (PODCAST)

The idea for this podcast was suggested by listeners who want to be better informed when it comes to the accounting aspect of their small business. So, based on that suggestion, in this podcast we speak with a CPA who works with small businesses to get his expert answers to questions that were submitted via…

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September 19, 2016

In The Mix When It Comes To Obtaining Grants (Part 2 of 2) (PODCAST)

Continuing our earlier podcast discussion with Dawn Meader McCausland, in today’s podcast we go more in-depth about the logistics of obtaining grants.  Please note, in this podcast we refer back to material mentioned in Part 1 of this podcast series.  You can listen to/read the transcript that podcast interview by clicking here. http://media.blubrry.com/smallfoodbiz/p/content.blubrry.com/smallfoodbiz/Grants2.m4aPodcast: Play in…

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September 15, 2016

Food Prices Mid Year Review – It’s A Mixed Bag

Depending on what ingredients you use in your products, you may be finding that your costs are much lower than anticipated or higher than this time last year.  A quick look at the latest report from the USDA (which currently shows information through July 2016) explains why:

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