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SUMMARY:Expert session: How to manage your finances
DESCRIPTION:Running an F&B business means more than making a great product; it means knowing your numbers. In this hands-on session, Enver and Antonie break down the financial fundamentals every founder needs to build a profitable business.The expertsFor this session we welcome Enver and Antonie from Changemakers, a firm that helps impact-driven organizations grow and thrive through financial management, strategic business development, and coaching. \nEnver Loke: Founder of Changemakers and co-founder of Chocolatemakers, a Dutch bean-to-bar chocolate producer. Having built the company from the ground up, he knows firsthand what it takes to make a food business financially sustainable—from calculating the true cost of a product to finding margins that actually work. \nAntonie Louter: CFO at Changemakers, Antonie is the numbers guy. He helps impact-driven organizations get their financial house in order. He has worked hands-on with F&B brands, including community members LÄCKER and Kari’s Crackers. \nAbout the sessionWe start with the basics: what does it actually cost to make your product? From packaging and ingredients to equipment, staff, and cleaning. We’ll walk through how to calculate your true cost price, the difference between direct and indirect costs, and how to determine the gross margin you need to survive and grow. \nAntonie and Enver will work through the real financial challenges of two community members: a startup and a scale-up. It’s about figuring out what you need to make money, not what the competition’s margins look like.The session concludes with time to apply the framework to your own situation. \nWho is this for? F&B founders at any stage—whether you’re just starting out or already scaling. This session is for you if you recognize any of these situations:– You’re just starting out and need to figure out how to price your products.– Your costs have turned out to be much higher than expected.– A retailer or distributor wants to partner with you but asks for volumes or discounts that put pressure on your margins.– You’re growing fast, but earning less. Revenue is going up, but profit stays behind or disappears altogether. \nThe agenda9:30 – 10:00    Walk-in 10:00 – 13:00  Expert session: How to manage your finances13:00 – 13:45   Networking lunch  \nRegistration for this event ends on June 9. You can submit your questions or topics of interest in advance when signing up. We’re looking forward to an interesting session!  \nIf you’re unable to attend\, please let us know at least 12 hours in advance.
URL:https://kitchenrepublic.nl/event/expert-session-how-to-manage-your-finances/
LOCATION:Scale-Up Kitchen, Nieuwe Hemweg 14 A, Amsterdam, 1013 BG, Netherlands
CATEGORIES:Roundtable
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