by Kary@BeerBusinessFinance.com | Sep 25, 2024 | Financial
“Better options lead to better decisions. Better decisions lead to greater success.” -Michael Bungay Stanier, The Coaching Habit To make better financial decisions in your brewery, you need better options. In his book The Coaching Habit, Michael Bungay...
by Kary@BeerBusinessFinance.com | Sep 11, 2024 | Financial
In our last brewery financial round table meeting we dove deep into cash flow planning. We came up with the 6 Key Drivers of Brewery Cash Flow (below): Net operating income Accounts receivable Inventory Accounts payable Capital expenses Loan / debt payments We also...
by Kary@BeerBusinessFinance.com | Sep 3, 2024 | Podcasts
Today on the podcast we welcome back Tim Near from Agrowgate, a company that works to save you money on cost of goods sold. Think cans, cardboard, malt, freight and so much more. Key Points State of the industry: Trends in costs and commodity pricing Brewery...
by Kary@BeerBusinessFinance.com | Aug 29, 2024 | Podcasts
In today’s podcast we hear the audio version of a recent Brewery Financial Round Table meeting where we tackle brewery cost management and expense reduction. Summary of key points: Use this 1-2-3-4 step process to put a laser focus on cost cutting and reduction...
by Kary@BeerBusinessFinance.com | Aug 22, 2024 | Podcasts
Today on the podcast we hear from Scott Birkner, VP and Business Lending Specialist at Dogwood State Bank. Scott shares insights on how to use SBA loans to purchase an existing brewery or make a partial acquisition of a brewery. Key Topics How to finance a start-up...