How I Financed It
A snack brand can do everything “right” and still get rocked by one thing going wrong at the wrong time. We sit down with Stephanie from OMG Pretzels to unpack how a family garlic pretzel recipe grew from two pans in her mom’s kitchen into a premium seasoned sourdough pretzel nuggets business selling through local retailers, distributors, and grocery accounts, and what it really takes to keep going when operations get messy. We trace the build step-by-step: early bootstrapping with credit cards, landing that first crucial shelf space, moving into commercial kitchens, and expanding through a regional distributor while also growing wholesale with Faire and testing Amazon. Stephanie explains why packaging decisions matter in grocery retail, how premium pricing collides with legacy snack brands, and how co-packer selection can make or break your supply chain. Then we get into the financing stack behind the growth: a bank line of credit that increases with revenue, an SBA term loan used to support larger production runs and expansion, plus pandemic-era EIDL and PPP support. Stephanie also shares what happened when a co-packer leadership change triggered long out-of-stocks and prepay terms, and how she rebuilt momentum with a new women-owned co-packer, tighter SKU focus, lower cost of goods, and a pivot toward in-person events and festivals for faster cash flow and brand awareness. If you’re building a CPG brand, navigating working capital, or evaluating co-packers and retail readiness, this conversation is packed with hard-earned lessons. Subscribe for more founder financing stories, share this with a CPG friend, and leave a review with your biggest scaling challenge. Connect with Keith on LinkedIn - https://www.linkedin.com/in/keithkohler1/ [https://www.linkedin.com/in/keithkohler1/]
19 episodios
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