by Kary@BeerBusinessFinance.com | Oct 5, 2023 | Podcasts
Today on the podcast we hear from Andrew Coplon, founder of Secret Hopper, a mystery shopping service for taprooms and brewpubs. Andrew has tons of data to share from over 6,000 unique taproom visits. Examples include adding paper menus to increase guest spending by...
by Kary@BeerBusinessFinance.com | Sep 27, 2023 | Podcasts
Today on the podcast we hear from Metazoa Brewing Vice President Lauren Frederick. Lauren’s background is in sales and marketing, but she shares her tips and tactics to learn the financial aspects of running a brewery. Many brewery operators are non-financial...
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...