The Good Food CFO podcast
Building Financial Confidence. Redefining Equitability.
Leading the good food Revolution.
Challenging the
status quo of
Food business media
Providing insight into how we create a better food industry
Highlighting the people that are moving the
good food revolution forward
New Episodes weekly
Episode 100 :: Exploring Product Margins: An In-Depth Examination of how 3 Different Margins Impact Your Need to Take on Debt
In this episode, Sarah Delevan walks Chelsea through the nuances of profit margin, specifically challenging the commonly accepted 50% target in the food industry. She shows that this one-size-fits-all approach doesn't suit every business and can lead to cash flow struggles and increased reliance on debt.
Episode 98 :: Clarifying COGS: The Only Calculation You Need, the Industry “Rules” to Break, and the Financial Impact They Create
In this episode, The Good Food CFO, Sarah Delevan breaks down the concept of cost of goods sold (COGS) and its importance in understanding the financial health of your business. We explore the differences between accrual-based accounting and cash-based accounting, and how each method affects the calculation of COGS. We also clarify the distinction between unit COGS and business COGS, and the significance of knowing both.
Episode 96 :: 3 Methods for Managing Your Cash Flow
In this episode, Sarah is breaking down 3 methods for projecting and managing your Cash Flow. Every business needs to understand their cash flow, ESPECIALLY if you don't have a lot of cash on hand, or a 12 week cash runway. You won’t find the answers looking at your P+L statement, that's looking to your past. A cash flow projection is looking to the future.
Episode 94 :: Negotiating a Million Dollar Deal
A million dollar deal can be a game changer for most small businesses, but it could also be a financial burden, and not a benefit at all if the product pricing and the deal aren't structured correctly. In this episode, Sarah is sharing the role she played in the negotiations between her client and a distributor that could result in $1 Million in the first year alone! She walks us through everything the founder has done to ensure the deal will be successful, beneficial and profitable.
Episode 90 :: You Can’t Scale Your Food Business Like a Tech Company
Scaling promises to bring not just more revenue, but more profit, more cash flow, and a sense of ease in doing business. And it seems every business owner is eager to get there. In this season opener, Sarah Delevan is answering the #1 question we get asked inside The Good Food CFO Community - “How do I scale my business?”
Episode 89 :: Breaking Down the Price vs Margin Conundrum
Profitability is the goal of every business. But at times it can feel like you are doing everything right, everything traditional business media says that you should be, and yet your business is still running out of cash. In this episode, Sarah breaks down a different way of thinking about your finances and improving your cash flow and profitability.
Episode 88 :: Managing Trade Spend at Any Size with Nikki McNeil
Nikki McNeil is a Co-Founder at Vividly, a trade spend management software which aims to deliver clear value through efficiencies when analyzing trade spend dollars. Whether you’re a founder managing trade spend for one partner or hundreds, having the right system in place can ensure you stay on budget and receive proper payment from all of your distributors and retailers. In this episode, Sarah got to sit down with Nikki to discuss managing trade spend, and what kind of systems you can put in place to support you and your team at any size.
Episode 86 :: Pulling Out of Retail
Traditional business media celebrates big revenue, new accounts, and most of all growth and scale. Cutting revenue in the short term, letting go of accounts and scaling back are the exact opposite of that. So of course right-sizing your business can make you feel bad, and like you’re moving in the wrong direction.
We need to look at the benefits of doing things differently, the benefits of doing what is right for YOUR business, rather than what is generally celebrated in the public eye without context.
In this episode, Sarah shares the reasons behind right-sizing and pulling out of retail, and we hear from 2 founders that chose to right-size, and their reasons behind the move. Sarah also discusses how right-sizing can impact your bottom line in a positive way, and gives us an update on our founders’ stories.
Episode 80 :: We Need to Talk About Money
We are kicking off Season 8 of the podcast with a run down of the changes that are happening this season. You’ll meet our show producer, Chelsea Stier, as she and Sarah share all that we have in store for you.
Then, you’ll hear the conversation that has been on Sarah’s mind since August. It all started on a birthday road trip, while overhearing many frank conversations about money. Sarah asks the questions that came up for her after noticing an interesting pattern.