
HUGE Cashflow Problems for Food Business!
James Sinclair's Business Broadcast
00:00
How Can I Double or Triple My Festival Costs?
An extra £1,000 revenue means that we can bring the cost of a 10 down by 10%. The same again, we'll bring our cost of a label down by significantly. I reckon if we doubled or tripled, I can cut our ingredients costs in half because we'll be buying so much more of it. And then, then you'll get like £3,000, maybe £3,500, gross profit a month off of that. Yeah, once once you get bigger, it's just, you know, what you keep a pound, just shrinks and shrinks and that's just the harsh reality. But there is a lot of room in that £1.75
Transcript
Play full episode