by Kary@BeerBusinessFinance.com | Aug 3, 2020 | Financial
Accountants use the term Chart of Accounts to describe the listing of all the things you want to track and report on in your business. These include all of the assets, liabilities, revenue and expenses. The purpose of the chart of accounts listing is to provide...
by Kary@BeerBusinessFinance.com | Jul 30, 2020 | Financial
How well does your brewery manage accounts receivable? Do you have a solid process and team in place? Do you know you average days to collect? What was your bad debt last year as a percentage of sales? How much bad debt is lingering in your accounts receivable right...
by Kary@BeerBusinessFinance.com | Jul 23, 2020 | Operations
A good count process will improve the accuracy of your inventory. Accurate inventory is essential for the sales team, brewing team, and your customers. A good inventory count scorecard will measure how well your process is working. It measures the relative accuracy of...
by Kary@BeerBusinessFinance.com | Jul 21, 2020 | Podcasts
Jon Reynolds from BrewPlan is a 40 year beer industry veteran. Jon works with breweries on new brand launches, setting up distribution networks, working with wholesalers and performing brewery analysis and feasibility studies (think of this like a business plan on...
by Kary@BeerBusinessFinance.com | Jul 15, 2020 | Operations
The beer business is a highly regulated industry, with lots of rules to follow. In addition to federal and state licensing requirements, breweries need to deal with a myriad of legal issues: distribution contracts, trademarks and intellectual property, and personnel...