by Kary@BeerBusinessFinance.com | Sep 24, 2018 | Financial, Financial Guides, Financial Newsletters, Financial Resources, Operations, Operations Guides, Operations Newsletters, Operations Resources
“Comedy is great because there’s no overhead” -Ron White The cost of making beer includes labor, materials and overhead. The first two are easy to wrap your mind around, but overhead is tricky. Direct labor is the cost you pay people to make the beer....
by Kary@BeerBusinessFinance.com | Sep 12, 2018 | Financial, Financial Newsletters, Financial Resources
According to the Brewer’s Association, hundreds of breweries close their doors each year. Why does it happen? What is the leading cause of failure? And most importantly, how can you avoid a similar fate? Bart Watson, chief economist for the BA says that some of...
by Kary@BeerBusinessFinance.com | Aug 7, 2018 | Financial, Financial Newsletters, Financial Resources
I am a big fan of using financial scorecards to measure brewery performance. Scorecards monitor key metrics. Key metrics are, simply put, important numbers you should look at every day. Think about scorecards like the dashboard on your car. What’s important? The...
by Kary@BeerBusinessFinance.com | Aug 4, 2018 | Taproom, Taproom Newsletters
Everyone loves the taproom. Curious beer drinkers love it for the variety, authenticity and ability to connect with the place and people that make the beer. Brewery owners love the taproom for the direct connection with the consumer. What do guests like or not like?...
by Kary@BeerBusinessFinance.com | Jul 30, 2018 | Online Courses
There are 7 key steps to creating a brewery profit plan. In this online course, we’ll walk through each step, and provide financial templates for you to fill out. At the end of the course, you’ll have a profit plan ready to rock for your brewery. Click to access the...
