Francis Loughran, from Future Food, shares his expertise on the business of food. Francis talks about how and why he became a forerunner in the industry, the importance of sharing knowledge learnt along the way, and then the end to end journey of founding and then leaving Future Food by selling to key employees.
Show Notes
@FrancisLoughran generously shares his personal journey founding @FutureFood and then making the decision to move on from the business after more than 30 years. He started by spotting a market gap and then combined a passion for his work and industry with a lot of hard work to start FutureFood, a pioneering #foodandbeverage #consultancy.
In our discussion we cover;
- The process of #businessbuilding and #exitplanning in preparation for leaving
- Turning your passion into your own business
- The #businessoffood and the development of Future Food
- How Future Food was developed to meet the demands of Australia’s rapidly growing #tourismindustry
- How important food and beverage has become as a key revenue stream in diverse industries including #aviation #education #sports
- What is involved in taking a business from #australia to the #internationalstage
- Making the decision to leave the business you founded
- Starting to think about about next steps
- The importance of having open discussion during the process of leaving your business
- What advisors and other business professionals were involved in moving on from his business
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