by Kary@BeerBusinessFinance.com | Oct 13, 2024 | Financial
NanoCon, an online educational event for breweries is happening October 25, 2024. I’ll be presenting on Taproom & Brewery Financial Metrics to Follow. You’ll get lots of spreadsheets, templates, models and key metrics to help improve financial results...
by Kary@BeerBusinessFinance.com | Oct 4, 2024 | Financial
The chart of accounts is that fancy listing of assets, liabilities, equity, sales and expenses. It’s all the stuff you own, things you owe, revenue streams you generate, and costs you have to pay. And it’s really important that your chart of accounts is...
by Kary@BeerBusinessFinance.com | Oct 1, 2024 | Sales and Marketing
“You become what you give your attention to.” -Epictetus We’ve reached a point in craft beer where it’s really hard to grow sales. You’ve seen the data, the trends, the stats. There’s a lot of doom and gloom out there. A lot of...
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...
