Weekly Update May 24th

Free CPG Margin Calculator and More

Hey ,

We have an action-packed newsletter this week, from new partner opportunities to new Founder Stories. You'll definitely find something valuable to start your day below.

MARGIN VELOCITY PLANNER

Do you need help building a credible velocity-based growth and financial plan for your business?

When I first started TeaSquares, there was so much I didn't know about planning for the financial health of the company.

Over time, I was able to figure it out, but oh, how much I had to learn.

That's why I'm excited to learn that Margin Velocity Planner created an awesome software app that allows you to plan for the financial growth of your company using a bottoms-up process. 

Have you read Dr. Richardson's Ramping Your Brand Book? Well this is the actionable way to execute on a velocity-based strategy. 

The full app allows you to:

  • Set Revenue Growth Pathways

  • Establish the Unit Economics

  • Analyze Price Points at Retail

  • Estimate Trade Marketing Expenses

  • Determine Viable COGS Ranges

  • Build a Multi-year Financial plan

The full version is $479, but members of the Foodbevy community can get $80. This is definitely something you want to check out.

here

Looking for a little taste before you dive in?

Download a free margin calculator and put that to use in your business today.

INVENTORY OPS WITH FIDDLE

If you're still managing your inventory and operations in Google Sheets, you're heading to disaster. I know. I built the most complicated spreadsheets for TeaSquares using extreme formulas to force-fit my business into one document. I love Fiddle.io because they make it easy to manage EVERY channel for your business, from Shopify to Retail in a seemless system.Best of all, you can try it out for free, and save over $1200 off in your first 6 months. Check them out, and if you're interested in getting the discount, just send me an e-mail and I'll send over an introduction. 

EARN $2 PER REVIEW

One of the main questions I hear from people browsing the Foodbevy directory is "There are so many companies, how should I choose who to work with?" I'm excited to announce that we're adding company reviews to the directory so the best industry partners rise to the top. You'll be able to read reviews directly from other founders so you can see exactly what you're getting into before you work with them.

Best of all, I'm paying you for your experience working with partners as well! Earn $2 via Paypal for every review you provide. You'll even be able to anonymously submit reviews so you can tell your honest truth.

PILOT BOOKKEEPING, TAX, AND OUTSOURCED CFO SERVICES

From calculating taxes on online sales to inventory management to figuring out shipping logistics, running an online store comes with a whole host of challenges and considerations. Your bookkeeping solution needs to be able to keep up.

Learn how Pilot helps emerging food and beverage brands manage their cash flow, finances, and plan for success.

CATAPULT - PRODUCT DEVELOPMENT FOR EMERGING BRANDS

Are you formulating a new product or looking to transition to a co-manufacturer? Catapult Commercialization Services Inc is a team of experienced food industry professionals that empowers startups and emerging brands with technical, operational, and business solutions. They specialize in the rapid launch of new products and nimble expansion of existing products.

Capabilities include:

  • Product/Process/Package Development & Scale Up

  • Supply Chain Development

  • Contract Manufacturing Sourcing/ Startup/Optimization

  • Capital Projects

  • QA & Regulatory

  • Marketing & Branding

  • Strategic Plan Development & Investor Preparation

Reach out for a free consult on how to best develop and scale your products.

DISCOUNTS

- Riser Design 

is an awesome branding and packaging design company that works mainly with food and beverage companies.

- Stripe 

is now providing $20,000 in fee-free processing for new and EXISTING customers.

The Accountrepreneur 

is your go-to outsourced CPA and CFO firm for the food and beverage industry. Receive

- Showcase 

allows you to conduct curated product testing with consumers at home. Send your products to their curated community who loves discovering new brands to collect valuable feedback.

- RangeMe

is used by hundreds of retailers to source products. If you use RangeMe,

- The Creative Exchange 

is a social media agency designed for CPG. If you need help on social, they are offering all Foodbevy members a

- WeStock 

allows you to identify where your tribe would like to purchase your products in retail. 

- Airtable

 can store information in a spreadsheet that's visually appealing and easy-to-use, but it's also powerful enough to act as a database that businesses can use for customer-relationship management (CRM), task management, project planning, and tracking inventory. 

- Hubspot 

is an inbound marketing and sales software that helps companies attract visitors, convert leads, and close customers.

With your help we're building an amazing community of Food and Bev entrepreneurs helping each other!

The Foodbevy Team

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