Money & Finance
Understand your retailer’s temporary price reduction strategies to maximize your product’s profitability.
When you understand, implement and forecast all costs you’ll incur, you’ll have a better chance of success selling food to retail distributors.
Understand the difference between markup and category margin – two important food industry metrics that help you better communicate with customers.
To maximize sales and profits, retailers consider several factors when finalizing your product’s retail price.
Learn about the 4 ratios key to understanding your financial health to help you make better business decisions – part 2 of 2.
Learn about the 3 statements key to understanding your financial health to help you make better business decisions - part 1 of 2.
Debt is a tool that needs to be understood and structured to fit with your business needs. If a loan makes your business more profitable and sustainable in the long run, and if you have a solid repayment plan, it can be an essential business instrument – but be sure you can manage it.