Profitability analysis is crucial for assessing your business's financial health & sustainability, especially for entrepreneurs in the CPG space. We will delve into the essential financial metrics & key performance indicators (KPIs) that you should be tracking. We'll also dissect on different revenue channels, shedding light on opportunities for growth & the optimization of existing revenue streams. Additionally, we'll examine the importance of customer concentration & diversity & how these factors can impact your profitability
This workshop is part of the 2024 Queens Tech + Innovation Challenge online workshop series. Participants will have a chance to win a $20K grant for their startup businesses. Applications are due March 1, 2023. Learn more at http://queensstartup.org/
About the speaker:
Deepika Phakke, Founder & CEO of Nama Water - a bottled water brand based in San Francisco. They're on a mission to deliver ethically sourced water that respects both people & the planet. Deepika spent the last decade working at Google, growing their $20bn media ads business. Last year she left her job to follow her passion to create a sustainable, joyful world & started working on her company Nama Water full time. She founded Nama Water in the pandemic & ever since has been working relentlessly to make the beverage industry sustainable & ethical one bottle at a time.
Besides Nama, she is passionate about giving back, helping other founders; practicing yoga & meditation in her spare time.