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Taproom Data: A Powerful Tool to Increase Profits

Taproom Data: A Powerful Tool to Increase Profits

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...
Financial Planning with Metazoa Brewery VP Lauren Frederick

Financial Planning with Metazoa Brewery VP Lauren Frederick

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...
Use This Tool to Amplify Brewery Cash Flow

Use This Tool to Amplify Brewery Cash Flow

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...
Beer Margin Analysis: How to Go Deeper

Beer Margin Analysis: How to Go Deeper

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...
How to Create Business Segments in Brewery Financials

How to Create Business Segments in Brewery Financials

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...
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