Weathering the Storm: How Succesful Food Businesses Handle Rising Costs
Date and time
-
Location
Online
Organizer
Jesus Padilla
jpadilla@fiu.edu
305-206-9441
Host organization
Florida SBDC at FIU
Type of event
Resource Partner event
Event description
Is your food business struggling with rising costs and rents? Need advice on how to handle these increases and make informed decisions?
Small business owners have seen the cost of doing business increase over recent years. Whether it is labor costs, utilities, rent, or other expenses businesses have had to make difficult decisions to stay afloat. Food businesses are hit especially hard due to increases in both food costs and labor costs but lower profit margins on average.
This webinar will cover key topics such as:
• Understanding Inflation and How to Deal With It
• Discuss Cost Controls and Food Costs
• Workforce Strategies to Manage Increased Costs • Reviewing Service Models
• Thinking “Outside the Box” to Increase Sales • Rents and Leasing Tips
Register