Have you ever wondered “how much are my family recipes worth”? Did you know secret family recipes have been the start of many micro business owners? One family started a tomato cannery in Chestnut Hill, Tennessee back in 1908. An Ohio family started pressing cider in 1897, then made apple butter. And a homemaker from Pottstown, Pennsylvania made pies. Her son sold them by the slice, door-to-door and at the YMCA local lunch counter. The pie company was sold in 1976 to the Kellogg Company for $56 million.
Did you think this only happened back in the day? A major food company paid $600 million for a protein bar company started four years ago? A Minnesota couple got $250 million for a popcorn company started in their garage. Lastly, 700 million dropped in the wallet of an organic broth maker by the world’s largest soup company. Food companies use to have test kitchens, fueled with innovative cooks. Today this is an expensive task. Working with a small recipes developer means a major part of the work is already done.