07/10/2023
Increase in flour prices
Due to the rising increase in baking flour and other ingredients,caterers and bakers may have a hard time blending with the constant increase in this prices.
Are you a caterer or a baker?
Have you worried about how to successfully manage your business and make profit with these increases?
Here are some specific tips on how you can successfully navigate your way and make the best out of this constantly increasing flour prices and ingredients:
* Supplier Negotiations: Build strong relationships with your flour suppliers and negotiate for better pricing, discounts, or favorable payment terms.
* Monitor and Adjust: Keep a close eye on flour prices and adjust your pricing as needed to stay competitive while covering costs.
* Customer Communication: If you need to adjust your prices due to flour cost increases, communicate these changes transparently with your customers to maintain trust. Be assertive,respectfully explain to them why your prices have changed and the reason behind it.
Follow for more tips 🥰
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