If your food product business is profitable and you would like to grow and get to the "next level", much of your ability to do that depends on having strong financial literacy to help guide your decision-making. For food businesses that are not yet earning profit consistently, financial literacy is even more important.

Financial resilience is key to adapting to the unprecedented changes facing people in the food industry. For food entrepreneurs who don't have a formal business education or financial background to build upon there are other resources available to them.

The Food Finance Institute at the University of Wisconsin is partnering with Craft3, a regional nonprofit serving Oregon and Washington, to offer a Food Finance Boot Camp. This virtual workshop is targeted towards food businesses to help them develop credible business plans and solid financial systems. There are classes scheduled throughout the fall of 2020 and into winter and spring of 2021.

At a very reasonable fee of $250 (made possible with support from Banner Bank), this bootcamp promises to put food business owners on a path to success and prepare them to deal with lenders and investors effectively.

Learn more about the Food Finance Boot Camp here: https://www.craft3.org/Borrow/foodag/food-finance-bootcamp.

Visit the Food Finance Institute here: https://foodfinanceinstitute.org/