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  • Bakery Finances 101 Session 2: Pricing for Profit

Bakery Finances 101 Session 2: Pricing for Profit

  • 07/07/2025
  • 4:00 PM - 5:00 PM
  • Zoom
  • 0

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July 7 / 4:00 - 5:00 pm ET

Bakery Finances 101: Laying the Foundations for a Successful Business 

Running a bakery takes more than great baking—it also takes a solid handle on your finances.  

This new three-part series offers a straightforward, concise introduction to bakery finances. You’ll learn ways to track costs, price for profit, and make data-informed decisions using real world scenarios and practical worksheets—all at a pace that’s supportive and easy to follow.   

Session 2: Pricing for Profit 

  • How to price products using COGS 

  • Calculating food cost percentages and profit margins 

  • Setting prices that reflect true costs and drive profit 

Whether you’re a baker stepping into a management role, an operator looking to grow your business, or an aspiring home baker ready to go pro, understanding your numbers is essential to long-term sustainability. Join us and get the tools you need to help your bakery thrive. 

Register for the 3-part series or for the individual session(s) that’s right for you. 

Instructor: Young Cho, Partner/COO/Executive Chef, Simple Food Group 

Young Cho is a husband and father of an amazing 9 year old who have made their home in Lake Geneva for the past 15 years.  His love of food, nature, science and teaching has fueled a 30+ year food and hospitality industry career. Asmulti-field entrepreneur and executive, he brings a unique and diverse skill set and experience base to his current role as a COO and Executive Chef/Baker of Simple Food Group.  He is a founding Partner of Simple Food Group whose mission is to ‘Change the world one bite at a time’ through great food, great hospitality and reconnecting community.  Simple Food Group works extensively with local farmers and producers supporting, growing and strengthening the relationship driven local food system. Simple Food Group is a member of The Artisan Grain Collaborative and the Bread Bakers Guild of America,participating in grain research and grain outreach and education initiatives.   

Mr. Cho is also the founder of Ground Shift Consulting, providing a wide range of consulting and coaching services to companies and individuals around the world.  He was also a senior partner at Hospitality Works, a global hospitality consulting firm.   A graduate of Kendall College he served on Kendall’s Advisory board for over fifteen years and has been an adjunct faculty member teaching leadership, management and culinary classes.He currently serves on Gateway Community College and McHenry Country College’s Culinary and Hospitality boards. He is the coach for the Badger ProStart Culinary Team and mentors entrepreneurs across a variety of fields and industries.  

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