sales strategy

Labor-to-Sales Ratio: What is it? And why should I care about it?

Labor-to-Sales Ratio: What is it? And why should I care about it?

Have you wondered if your business has too many or too few employees working? You might want to consider calculating your labor-to-sales ratio. This number is a commonly used performance measure by businesses to track their labor costs and its impact on operations. The labor-to-sales ratio shows the total labor costs for each $1 in sales.

National Farmers Market Week

National Farmers Market Week

This week is National Farmers Market Week, giving us an opportunity to celebrate Kentucky’s farmers markets for boosting the local economy by supporting local producers, providing jobs, improving local nutrition, and much more. So how should you celebrate National Farmers Market Week? Simply visit your local farmers market! There are over 160 farmers markets in the state of Kentucky and over 2,700 farmers market vendors to buy from.

Targeting the “New” Home Cook

Targeting the “New” Home Cook

Fact: people are cooking and eating at home more. Those who weren’t cooking at home are now making meals several days a week for their families. Of those making meals at home, 35 to 40% of them started cooking for the first time, according to global management consultant SSA & Company. So, what does that mean for your food business? How can you educate new customers about your products so that you retain them once things get back to normal? Below are a few ideas for targeting the “new” home cook.

Covid-19 and Your U-Pick Operation

Covid-19 and Your U-Pick Operation

U-Pick operations are a critical direct marketing approach for many farms in Kentucky and provide customers with a unique hands-on connection to fresh produce grown locally. Here are some key points to keep in mind before you open for the season.

Key Thoughts for Distribution

Key Thoughts for Distribution

This past week, the Kentucky Center for Agriculture and Rural Development (KCARD) partnered with UK’s Center for Crop Diversification (CCD) on a webinar comparing the pros and cons of farm-to-consumer distribution methods including On-Farm Pickup, Off-Farm Pickup, Home Delivery, and Shipping.

One thing we want to emphasize is that your business doesn’t need to do it all – i.e. offer every distribution method mentioned above. What works for one farm business might not work for yours. Below are a few key thoughts when it comes to picking a distribution method or two.

Q&A with KCARD: Offering Gift Cards

Q&A with KCARD:  Offering Gift Cards

People are requesting gift certificates to help support local farms and local food businesses. Offering gifts cards is a great way to let people support you during this time of crisis. So how do you set that up? It depends on how you take payment now, but you have some options…