We get it. Running your packaged food and beverage business is tough.
At the beginning of your entrepreneurial journey, the goal was crystal clear — to create a product that significantly boosts the financial well-being of you and your business. It was never your intent to establish a brand in the food and beverage industry that makes you little, or no money.
As entrepreneurs in the food sector, we wear many hats. We are in charge of sourcing materials, crafting recipes, doing marketing outreach, selling our products, and order fulfillment – all while trying to create world-class experiences for our customers. In the midst of all these responsibilities, it's easy to get stuck making products that don't make money.
It is an added burden to rely on spreadsheets for managing costs, inventory levels, and production prioritization. This manual process of operating a business is not only slow but prone to error, often leading to hidden costs in our production that's not accounted for. Without a clear view of profitability per product, the daily rush of customer interactions and order processing can create a false sense of achievement. It's like a hamster spinning tirelessly on a wheel — moving but going nowhere.
We'd love if there was a fail-safe instruction manual for operating a profitable food business. But the reality is that 70% to 90% of new CPG companies don't succeed – some even failing in the first year. It is our heart and mission to see those failure rates drop. To make this possible, we have created an automated, centralized system that gives you more business oversight.
Here's a sample of what Prophit can do for you:
By incorporating automatic cost tracking, you gain transparency into true costs, leading to high-quality, profitable goods. This system simplifies production scheduling, streamlines order management, and improves efficiency in meeting customer deadlines.
Increased Visibility & Insight
Get greater visibility into the cost of your ingredients and materials used in each product you produce, which will allow you to better manage profits from product sales. Our inventory management feature allows you to see all of your stock on hand. Your production runs will never be interrupted again by inventory shortages.
Improved Efficiency & Cost Reduction
A streamlined processes that leads to faster production times and reduced labor costs associated with manufacturing your products on a large scale – making it possible for you to increase your ROI by optimizing your workflow for maximum efficiency at minimal cost.
Time Savings
Eliminate the need for tedious manual calculations when tracking your food costs, freeing up valuable time for other operations important to your business. Additionally, our efficient assembly task tracking offers an accurate overview of your production times, which leads to more efficient workflows overall.
It gets even better.
With our easy-to-use cost tracking system, you can quickly identify and correct inefficiencies in your production process. It works like this:
STEP 1
Follow our Getting Started guide. It’ll walk you through each step, and help you to get familiar with the interface. If that isn't enough, our Help Center will provide additional guidance.
STEP 2
Add your product ingredients and materials. Add the information for all components used to manufacture your product. Include information like: name, supplier, weight/quantity, waste, and price.
STEP 3
Add your product recipes and packaging. Add the quantity of each raw material used to craft your sellable goods, along with your product's packaging.
STEP 4
Create your products. Consolidate all of your product’s vital information on one page to get a detailed overview.
STEP 5
Prepare your orders for fulfillment. Set your products up in fulfillment in order to know how much ingredients, materials, and time you’ll need to fulfill an unlimited number of customer orders.
And that's it. It really is that simple!
As I see it, you have a few choices…
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You can endure the busyness of running day to day operations and willfully neglect your profit margins - failing to grow your business. Ignorance is bliss.
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You could learn how to create your own method of calculating profit and managing your products - which you'll need to invest more time and potentially more money.
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Or you could take advantage of the Prophit platform and be on your way to saving a great deal of money, time, and unneccesary risks!
See how others have benefited...
If your business is not making a profit, then it's a hobby. I was the sole operator of my business. The busyness of fulfilling customer orders hid the fact that I was barely earning a profit. After years of long nights, sweat from hard labor, and tears of frustration, I knew I had to make a change. With Prophit I was able to account for things I didn't consider. I could see where my profit margins stood as clear as day, and immediately I made some changes. I want to scream from the rooftops and let small businesses know about this tool! It saved my business and it can save yours too."
– Maile, Founder of Canelé Gourmet Pantry
Numbers after using Prophit:
250%
increase in average net profit per product
330%
increase in average monthly gross sales
15 hrs
a week saved fulfilling customer orders
"Yes, I am ready to conquer my costs and take control of my business!"
Not sure it's right for you? No worries! That's why we've got a 30-day full happiness, money-back guarantee on yearly plans.