TasteBed helps food business owners and managers step-change their growth, sales and profits.
FOOD STRATEGY
How to achieve your Food, Profit and Planet goals for your business.
Food Strategy Development (New Biz)
Food Strategy Review (Existing Biz)
One Year Fast Forward - Food Strategy Framing Session
FOOD COMMERCIAL
How to work smarter supply chains, minimise recurring costs and maximise recurring profits.
Supply Chain Review/ Refresh
Costing Analysis/ Refresh/ Benchmarking
Profit per Product Pathways
FOOD DEVELOPMENT
How to design profit and planet into your dishes so the micro can drive your macro
Supply Chain Review/ Refresh
Market/ Segments Surveys/ Safaris
Costing Analysis/ Refresh/ Benchmarking
Menu Item Development - hands on (inhouse) / hands off (third party)
Success Criteria Benchmarking
Profit per Product Pathways
FOOD BIZ DEVELOPMENT
How to plan, pivot and manage the whole process of launching a food business, from business planning and fundraising to forecasting production and sales capacity, or to relaunch, export or franchise a food business
Fundraising
At the end of the day, it's about raising the right amount at the right price from the right sources to the right time scale, for the current phase of your business journey.
There are a lot more funding options out there now, but that does not make getting it right as easy as the success stories might make it sound.
TasteBed has the experience and contacts to help you navigate your various funding options, determine your best option and then secure it.
Start Up
How does your business idea solve your target customers’ problems? How might you make money from it? What skills might you need to commercialise it? How much money might you need to pilot it? What funding options do you have?
Typically answering questions like these credibly takes a combination of realism, imagination and clarity.
TasteBed helps start-ups reduce their risk, improve their fundability, get trading and start growing.
Corporate Venturing
Increasingly larger corporates want to birth their own new concepts and brands, rather than buying them in, sometimes at premiums that can scupper their long-term viability, particularly if they trade lower than hoped.
TasteBed helps you bring start-up skills in house, to be more entrepreneurial and accelerate your business development cycle, to launch more viable concepts faster and cheaper.
Early Growth
So you are up and trading, but not yet profitable. Welcome to the hard stretch from start-up to profit. Which market to focus on? Which product or service to focus on? How to make sense of the contradictory signals from team, management, customers, vendors and press? What is your best next step?
TasteBed helps early growth business base their decisions on the most relevant data and apply their limited resources to pursue the most profitable avenues.
Reboot
Very few successful businesses were successful from day one. Often we need to reboot: to review our position and trajectory and ask if the same team and resources could get us to a better place, and if so, how.
TasteBed helps establishes business stop, look, listen and redirect their combined energies towards the most profitable destination within their reach.
Export
98% of the 461M inhabitants of the world’s top 50 cities live outside the UK. The UK has a historical knack for innovating new products, services and industries. As our world becomes increasingly globalised, we need to consider potentially moving earlier towards overseas markets.
TasteBed helps companies considering overseas markets evaluate and take initial steps into these markets, often – but not only - through franchising.
Franchise
Franchising is increasingly considered a growth option for all types of businesses, including more premium brands. As a franchisor you will leverage the value of your Intellectual Property and know how by partnering it with the capital and local knowledge and capabilities of franchisees in new growth markets.
In our superconnected world of increasing transparency, franchisors need to work harder for their franchise fees but in doing so become even more essential to their franchisees, and develop a more sustainable model of mutual benefit.
TasteBed helps companies franchise for the first time or reboot their franchising - typically but not only overseas - to deliver more stable and sustainable franchise fees and franchise growth.
Ops Fix
Maybe your operation is not delivering the reality it was supposed to?
Not trading enough, in the right ways, or at the right times? Maybe the original concept was not correctly realised. Maybe some real-world learnings need to be incorporated.
Either way, TasteBed can help your food business take the operational and other steps required to make your business model a profitable reality, maximising your trading capacity, sales and profits throughout your trading day and week.
NEW FOOD SALES CHANNELS
How to price profit into e-commerce and delivery so that it actually grows your business
E-Commerce
Most offline businesses now have some form of online presence. How much is right for your business? What should it be focused on? How much effort and resource should you devote to it?
TasteBed helps companies formulate and deliver the right e-commerce strategy for their growth plans and for the rest of their offline activity.
Delivery
FOOD SALES
How to manage your menu to drive the winning categories and formats that produce most profit and planet gain
And for food manufacturers: how to get your products listed with retailers, and how to grow your category sales and profits
Sales
And sometimes you have the right product, the right market, sufficient funding, but not enough sales resource (or the wrong kind of sales resource).
TasteBed can help you build your sales pipeline and improve your sales capability and resource to bring those sales in and grow more.