Capital expenses (CAPEX) are a big driver of brewery cash flow.
In this post, I’ll share tips and tactics you can use to manage your CAPEX, so that you can improve cash flow.
4 Tips to Manage Capital Expenses
- Identify the tools, team, timing and information needed for the CAPEX plan
- Define what capital expenses are (usually more than $1,000 and have a useful life of more than one year)
- Ask clarifying questions: Do we have an ROI? Are there alternatives? What will this really cost?
- Use this CAPEX-Model to inform your cash flow planning
Watch the short video: 4 Tips to Manage Capital Expenses
P.S. We have a full course on brewery cash flow planning. It’s included with your subscription to Craft Brewery Financial Training. As a special bonus, sign up this month and you’ll get the Brewery Cash Flow White Paper.