by Kary@BeerBusinessFinance.com | Sep 23, 2023 | Podcasts
Today on the podcast we review a tool you can use to amplify cash flow in your brewery, it’s called Melio. Melio is one of the fastest-growing B2B payments companies in the U.S. and is reinventing the way customers and suppliers pay each other. You’ll hear...
by Kary@BeerBusinessFinance.com | Sep 18, 2023 | Financial
On your income statement you’ll find sales, cost of goods sold, and margins. The P&L will tell you what total margin is and margin percentage, but it doesn’t know which brands and products are the most profitable. For this, you’ll need to go...
by Kary@BeerBusinessFinance.com | Sep 11, 2023 | Financial
One of the best (and simplest) ways to analyze your brewery income statement is to use business segments. Business segments allow you to see the financial results for each area of your business: taproom, kitchen/food, production, wholesale. Interested in setting up...
by Kary@BeerBusinessFinance.com | Sep 6, 2023 | Podcasts
In today’s podcast we talk brewery insurance with John Round and Shannon Prescott from the Richards Group. John and Shannon share their insights on loss prevention, creative benefits, industry specific coverages to be aware of, and trends in the industry. Key...
by Kary@BeerBusinessFinance.com | Sep 4, 2023 | Podcasts
Beer businesses are always on the lookout for ways to reduce costs and increase sales. In today’s podcast we talk with Bud Dunn from VxP, who shares a tool that you can use to reduce finished product loss by 50% or more, and increase gross profit per CE by 20 cents or...