Participants learn how businesses make financial decisions by identifying costs, setting prices, and calculating break even points. Using a food based business example, students work through cost structure, contribution margin, and pricing strategy to understand how financial assumptions impact sustainability and decision making.

Welcome back to Business Launchpad! In this quick 5-minute walkthrough, we dive into the BLP Class2_Homework1_COGS-Pricing Calculator to help you master your pricing strategy and ensure long-term profitability. Using a real-world food truck example, we demonstrate how to input specific material quantities to accurately calculate your Cost of Goods Sold (COGS) and account for business overhead. You will learn how to experiment with different markup percentages ranging from 40% to 70% to see exactly how your pricing decisions and cost controls impact your final bottom line. This tutorial breaks down the financial assumptions necessary to move your business from a concept to a sustainable, profit-turning reality.