About this Event
Introduction
Do you utilise a procedure or approach to price your food and drink products, or do you just hope for the best? Join us for further information on how to price out your items more methodically.
Calculating the cost of your products is an important but often difficult process. Our New Product Development and Innovation Manager, Zoe Plant, will walk companies through this beginner's approach to budgeting out recipes, ensuring that you cover your expenditures, pay your bills, yourself and staff, and calculate different profit margins.
Throughout the event, Zoe will guide businesses through a costing worksheet, outlining the various components and fielding specific inquiries regarding the particular production procedures used by your company.
It may aid your understanding further if you were to bring along examples of your recipes and costs, so you can work them into the spreadsheet as you go along.
Who Should Attend?
Any producers of food and beverages who want to learn how to calculate and assign a price to their products.
What Will Be Covered
• Basic costing concepts
• Introduction to a Costing Template
• How to use formulas for calculating costs
Learning Results
A deeper understanding of how to properly begin budgeting out your food and drink products.
Your trainer Zoe Plant, New Product Development & Innovation Manager. Zoe is a creative, development chef who gives companies access to development support and knowledge that they may not otherwise have access to. Working at The Food and Drink Forum for over 3 years, at The Food WorksSW site, Zoe has been given a fantastic opportunity to put her knowledge of the food sector to use by assisting small businesses (SMEs) at the grassroots level with scaling up while also covering other areas such as food labelling, product costing, and food trends.
Booking Information - In-Person and Virtual Attendance
Workshops will be run as in-person events from our food parks, with full details provided above. This will provide you with an opportunity to meet like-minded people and meet our Technical Team in person.
However, if you would prefer to join virtually, please book a virtual attendance ticket so we can ensure you receive the MS Teams link in your booking confirmation.
If you have a specific query that you would like covered at the workshop, please ensure you include details in the booking process.
If you wish to discuss the workshop sessions in more detail, feel free to call the Membership Team on 0115 9758810. Monday - Friday 9.00 am - 4.30 pm.
Member Workshops are a Food and Drink Forum Member Benefit. If you would like to attend and are currently not a member please visit our website
Disclaimer
The Food and Drink Forum Ltd. disclaims all liability and responsibility for any mistakes or omissions contained in any document, event, form, recommendation, website, or other content created or modified by The Forum or supplied to The Forum by a third party. The Forum and any other party are providing the information in any document "as is" with no assurance of its accuracy, timeliness, or completeness. Clients should conduct their own research about any authoritative, legal, or legislative topic rather than relying on any information that is provided. Any provided examples or templates must be altered by the customer to match their own actions, and they must also be checked. Please review the terms and conditions for the Forum found at www.foodanddrinkforum.co.uk.
Event Venue & Nearby Stays
The Food WorksSW, Whirlwind Road, Weston-super-Mare, United Kingdom
GBP 0.00