This is a recording of a class that originally took place on October 26, 2023. In this focused, foundational session, Maggie Longo, Business Advisor at the Rhode Island Small Business Development Center, guides bakery business owners through the essentials of financial management. Participants will learn how to use a Cost of Goods Sold (COGS) calculator to accurately determine product costs and support smarter pricing decisions. The session will also introduce the purpose and structure of a Profit and Loss (P&L) statement and how it can be used to assess financial performance. Through practical examples and interactive discussion, participants will build the core financial skills needed to manage their bakery operations. ABOUT THE INSTRUCTOR Maggie Longo brings more than 30 years of experience in the food and hospitality industry as a baker, pastry chef, bakery operator, and business owner, including leading a commercial scratch bakery and owning Rhode Island’s first Roman-style pizzeria. She currently serves as a business advisor with the Rhode Island Small Business Development Center, where she helps bakery and food business owners understand costs, pricing, and financial performance, with a focus on COGS calculations, P&Ls, and practical financial systems that support sustainable growth. You will receive access to a private YouTube link. This is an unedited recording of a live webinar originally offered via Zoom. You may watch it at any time and as many times as you like, but you may not share the link or distribute any part of the video or audio. Guild Members: Please log in to your account to access exclusive member pricing.