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TOPIC

Money & finance

Want to make better business decisions? Know your cost of production

https://www.fcc-fac.ca/en/knowledge/food-and-beverage-know-production-costs.html

Why it’s important to know your cost of production and how small changes can have a big impact on your bottom line.

How understanding working capital requirements helps predict cash flow

https://www.fcc-fac.ca/en/knowledge/working-capital-requirements-predict-cash-flow.html

Young businesses need to grasp cash conversion cycles because even slight changes can impact business.

4 steps to help you finance your food and beverage business

https://www.fcc-fac.ca/en/knowledge/finance-food-beverage-business.html

Consider following these steps when looking for funding for your food and beverage business.

Food processing facilities: How to design a layout for success

https://www.fcc-fac.ca/en/knowledge/processing-facilities-layout.html

What to consider when designing the layout of a food manufacturing facility.

How assuming placement and demand makes for better sales forecasting

https://www.fcc-fac.ca/en/knowledge/sales-forecasting-placement-demand.html

Learn why building your sales forecast with demand and placement assumptions is a critical exercise for success.

Making a big business decision? Use forecasting to remove the guesswork

https://www.fcc-fac.ca/en/knowledge/forecasting-remove-guesswork.html

Learn how forecasting and modelling can help you make impactful business decisions and see the big picture more clearly.

Why calculating cost of production is key to food production business success

https://www.fcc-fac.ca/en/knowledge/cost-of-production-food-production-success.html

Why cost of production is a fundamental piece of business intelligence often overlooked by many small food production businesses.

Master your business cash flow

https://www.fcc-fac.ca/en/knowledge/master-your-business-cash-flow.html

Cash flow planning is an integral part of any business financial planning. A cash flow statement records your history while a cash flow budget projects the future.

Consider the ‘other’ costs when calculating selling price

https://www.fcc-fac.ca/en/knowledge/consider-other-costs-when-calculating-selling-price.html

When you understand, implement and forecast all costs you’ll incur, you’ll have a better chance of success selling food to retail distributors.

Business tips for food manufacturers – part 1: Financial statements

https://www.fcc-fac.ca/en/knowledge/financial-statement-business-tips.html

Learn about the 3 statements key to understanding your financial health to help you make better business decisions - part 1 of 2.

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