Tuesday, August 29, 2023 @ 8:30am-4:30pm | Financial Literacy Workshop
Tuesday, August 29, 2023 @ 8:30am-4:30pm | Financial Literacy Workshop
Tuesday, August 29, 2023 @ 8:30am-4:30pm
San Diego Food System Alliance
4070 Jackdaw Street, San Diego, CA 92103
View location on Google Maps
Through the Local Food Economy Lab, the Alliance is thrilled to offer a free financial literacy workshop designed for small-scale farmers, ranchers, fishermen, and food business owners. This workshop is offered in partnership with Rebecca Frimmer of Kitchen Table Consultants (KTC), a collective of advisors passionate about supporting local food systems and providing meaningful, hands on advising services to small businesses.
The goal of this full-day workshop is to support new and beginning, small-scale food business owners with building knowledge of business finance and creating standard operating procedures for managing finances at their unique businesses—as well as to provide a space for dialogue and questions for developing financial literacy as emerging entrepreneurs.
Topics covered in the workshop include the following:
Bookkeeping best practices for data driven decision making
Understanding your financial statements: profit and loss & balance sheet
How to build a budget from scratch and measure performance
Build an opportunity assessment toolkit - is new debt worth it?
Bridge the gap between profits and cash flow
A future virtual session will be scheduled to cover the topics of lender readiness and financial pro formas. In this session, participants will have the opportunity to learn how key financial ratios and key performance indicators can help them tell their story and assess risk.
There will be a one-hour lunch break at 12pm. Lunch, coffee, and snacks will be provided throughout the day.
While this workshop is free, we ask that you register so that we can plan accordingly. Space is limited to 25 participants.
About Rebecca Frimmer
Partner & Senior Staff Consultant, Kitchen Table Consultants
As a former business owner of four different businesses, Rebecca Frimmer (she/her) now serves as Partner & Senior Staff Consultant to Kitchen Table Consultants, and directs their business training and education programs. At the intersection of her personal connection to keeping “good food” on the table, and the financial training of her MBA program, Rebecca joined KTC with the headstrong aspiration to strengthen the local food movement via coaching businesses through pathways to financial viability and long term operational success. Rebecca resides in Morro Bay, California, and is originally from Pennsylvania.
About Kitchen Table Consultants
Kitchen Table Consultants’ focus is on making farms and food businesses profitable for good. Our goal is simple – to help passionate farmers and food artisans build lasting, profitable, locally-focused businesses. We accomplish this by working alongside our clients. No stuffy business plans that get thrown on the shelf, never to be looked at again. We have real-world experience and bring that to our work every day. We have walked a mile in your shoes and understand first-hand the challenges facing small businesses. We are results oriented, and our work is about actionable steps to make your business stronger and more profitable. Kitchen Table Consultants is a sister business with Taste Profit Marketing.
Visit Kitchen Table Consultants' website | Follow KTC on Instagram | Follow KTC on Facebook | Follow KTC on LinkedIn
About the Local Food Economy Lab
The Local Food Economy Lab is a new program of the San Diego Food System Alliance that centers equity and community ownership, and works to support the viability of small-scale farmers, ranchers, fishermen, food business owners, and the communities they serve in San Diego County. The Lab serves small-scale farmers, ranchers, fishermen, and food business owners at all stages, especially those in our community for whom traditional business development services have been out of reach.
We focus on businesses led by Indigenous and people of color, immigrants, women, LGBTQ+, youth, seniors, individuals with low income, and those advancing community ownership and collaborative models. The Lab serves for-profit and nonprofit businesses with four areas of work: Peer-to-peer Collaboration & Learning Opportunities, Business Resource Directories & Coaching, Policy Advocacy, and Access to Capital, Markets, & Market Research.