How To Determine Your Food Business Startup Costs - 4.3 Foodiepreneur’s Finest Program

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So you've got your fixed costs and variable costs down, what next? Now you can really budget your money accordingly and play around with what you have. This will allow you to see all your startup costs to finally plan your cash flow for your food business.
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📚 ADDITIONAL FOOD BUSINESS BUILDING RESOURCES
[Playlist] Foodiepreneur’s Finest Program - swiy.co/start-FPF-program
[Next video] How To Calculate Your Breakeven Point For Your Food Business - 4.4
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[Lesson Resource] swiy.co/fpflessonresources
[Playlist] Profitable Restaurant Owner’s Academy - swiy.co/Start-PRO-Academy
[Consulting] learnnow.wilsonklee.com/clari...
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👀 ABOUT THE COURSE
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NOTE: This was a paid course that was released in 2020 but is now released for free as I have left the food industry. This is my gift to you food entrepreneurs.
Please understand that there may be some outdated info or visuals for this reason.
However many of the theories and overall business fundamentals are still critical for a profitable and sustainable business.
Please smash the LIKE button and Subscribe [swiy.io/WKLYT] to keep this FREE course material up and running!
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This is module 4 lesson 3 of the Foodiepreneur’s Finest Course by Wilson K Lee.
In this course, you’ll learn how to how to start a food businesswith no experience. I will go through the steps from figuring out your food business concept, your menu, to doing a pre-launch, to marketing it.
This is one of the most comprehensive food business courses out there and includes many examples from my personal experience building a ice cream franchise.
This course has theories and examples that are relevant for many different types of food businesses.
The course consists of 13 modules and 10+ hours of content through 30+ videos.
► Module 1 is on Going From Employee To Entrepreneur
► Module 2 is on Step-by-Step Viral Menu Creation
► Module 3 is on Branding & Competition Proofing Your Business
► Module 4 is on Money Planning & Building Blocks For Long-Term Profits
► Module 5 is on Engineering “THe X-Factor” For Your Food Business
► Module 6 is on Payments, Delivery, & Customer Journey Mastery
► Module 7 is on The Ultimate Instagram Success Blueprint Part 1
► Module 8 is on The Ultimate Instagram Success Blueprint Part 2
► Module 9 is on The Ultimate Instagram Success Blueprint Part 3
► Module 10 is on Launching With Friends And Family
► Module 11 is on Influencer Mastery & Other Hyper Growth Strategies
► Module 12 is on 12 Month Copy Paste Instagram Campaigns
► Module 13 is on Bonus Materials
#wilsonklee #foodbusiness #startafoodbusiness
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👤 ABOUT WILSON:
I’m Wilson, your new food business partner. I’m here to help turn your food and beverage concept into a reality with expert tips & tricks for success.
I have got nothing to sell you as I’ve left the food industry as of 2022.
My videos are based on years spent in the industry building multi-million dollar businesses, including my own international dessert chain (720sweets.com/) with locations spanning the globe. Since my franchise was acquired (2020) it’s been my mission to share this knowledge with people like you who have great ideas, but just can’t seem to break through.
If I did it all with no experience, so can you. I know firsthand the struggles and mistakes most entrepreneurs make, and want to show you exactly how to avoid them.
All that I ask is if you find the content valuable, please smash the LIKE button and consider Subscribing. Share with a friend who can benefit from this so we can continue to spread more positivity around the world.
I’ve helped hundreds of restaurant owners and entrepreneurs create explosive Food & Beverage businesses. You don’t have to take my word for it. I’ve been awarded Top 30 Under 30, Young Entrepreneur of the Year, Top 10 Emerging Entrepreneurs, and recently a Forbes Business Council Member.
Find more great resources, check out www.wilsonklee.com/

[@katyyung6247]

Hi. Is there another video that touches upon food business startup costs? Thank you

[@becold5659]

Hey, is this a duplicate episode of How To Add Variety To Your Food Menu? Thanks!!!

[@jeffharmed1616]

Thanks To say “pick items that make more than 80% of sales” sounds like an oxymoron. Rather I think Wilson meant “pick all the items in the Pareto curve that fall into 80% of sales. For example if sales1 = 40%, sales2 = 25%, sales3 = 12% and sales4 = 8% then sales1 through sales3 are possible heros and sales4 is one of the other categories.