Jumpstart is a brand new series of online webinars designed specifically to give entrepreneurs the essential knowledge needed to start a successful food or beverage business. Held over 6 months, the series consists of ten individual two-hour modules. Details and a timetable for the other webinars can be found here.

The series will be hosted by The FoodBowl and presented by John Evans and Sam Borgfeldt who are principals of Beverage and Food Gurus (BFGs) and have extensive experience in the food and beverage industry in both start-ups and corporates. Additional specialist subject matter experts will also be brought in to provide content throughout the series.

Module 9: Costings and margins (including procurement)

Understanding and controlling the costs of your products is fundamental to commercial success. In this module you will learn

The elements that need to be accounted for in costing a product
How to build a product cost model with a practical demonstration and product costing template provided
How to understand margin requirements across different sales
Your options to save and improve costs through product design and input selection

About Beverage and Food Gurus: Beverage and Food Gurus (BFGS) is an independent food and beverage technical consultancy with a dedicated product development laboratory located in Auckland. BFGs provide unparalleled expertise in product development, business advice, coaching, technical, operations and strategic areas of food and beverage. Presenters John Evans and Sam Borgfeldt have been responsible for the development and launch of numerous products and businesses both in NZ and overseas. They are passionate about sharing their expertise and have a unique set of skills which allows them to understand how to take a product from concept through to successful commercialisation.

About The FoodBowl: The FoodBowl is part of the New Zealand Food Innovation Network which provides facilities, advice and connections for ambitious companies of all sizes who wish to develop and commercialise in Food and Beverage. Al Baxter (Business Development Manager of The FoodBowl) will help host and facilitate the webinars alongside the presenters.