Market Update: 57 Beverage Industry Statistics and Growth Trends
The beverage industry is big and broad, including all sorts of non-alcoholic drinks like coffee, soda, tea, energy drinks and alcoholic drinks like beer and wine. Add it all up and the beverage industry is a multiple billion-dollar per year industry and expected to be a trillion dollar industry [...]
Best List: 101 Bottled Water Company Name Ideas
Thinking about entering the bottled water industry? According an industry report by the International Bottled Water Association, more than 13.7 billion gallons of bottled water were sold in the United States in a single year. These consumption rates are expected to increase well into the new decade. While consumption [...]
How to Price a Packaged Food Product and Still Make Money
This is the blog post you need to calculate your food product cost and make sure you're making money, too. I'll walk everything included in your cost of goods sold and how to calculate it. Then we'll walk through how to price your product in different sales channels like grocery stores [...]
How Much Does it Cost to Start a Specialty Food Business?
It seems to always come down to money when you want to start a specialty food business. But why? Because money is a tough subject. Every time financials come up, you’re bound for a super headache. It's hard to know how much you need, where it's going to come from, [...]
10 Questions Retail Buyers Will Ask You (and How to Answer Them)
Retail stores are one of the best ways to expand your distribution channel and grow your business. They provide for the right location at the right time for your customers to purchase your product. Plus, I've found a lot of people want to buy my products in-store - not online [...]
How to Guide: Printing Labels for Your Food Business
In June 2010, I produced my first large run with a co-packer. It went smoothly until I determined the net weight on my labels was not the actual net weight of what was in the jar. Fail. That's what inspired me to write today's post -- all about food labeling [...]