Outgrowing your financial setup?

As a challenger brand in the Food & Beverage space, your finances are more complex than most businesses.

Understanding how to account for income from multiple sources… Shopify, Amazon, Retailers, they all do things differently.

Calculating COGs accurately and tracking inventory across multiple SKUs.

Analysing landed costs, fulfilment, marketing and all the associated ratios.

It’s enough to send you into a spin.

How you deal with all of these things, depends on the stage of growth you’re at.

Start up -> Growth -> Scale

Each stage has it’s own complexities and best practices.

As you move from Start up into the Growth stage, you’re starting to build a small team around you, sharing the responsibilities. Now’s the time to put processes in place.

At this point, you should already be doing real time bookkeeping in Xero, keeping track of your income and expenditure to give you accurate reporting.

But now you have a team and so you need to start thinking about payroll, approval processes, more formal inventory tracking, forecasting and regular management reporting.

This is where we come in. We support FMCG challenger brands to systemise their finance systems and work as the outsourced finance function meaning you get the data you need exactly when you need it, without having to do more of the heavy lifting... you’ve got enough on your plate.