by Kary@BeerBusinessFinance.com | Aug 7, 2019 | Financial, Financial Newsletters, Financial Resources, HR and Personnel, HR and Personnel Newsletters, HR and Personnel Resources, Operations, Operations Guides, Operations Newsletters, Operations Resources
“There are worse things in life than death. Have you ever spent an evening with an insurance salesman?” -Woody Allen We recently went through our insurance renewal. This is a painful experience for some, but I actually enjoy the process. It’s an...
by Kary@BeerBusinessFinance.com | Dec 7, 2018 | Financial, Financial Newsletters, Financial Resources
Recently, I presented a crash course on brewery finances at Brewbound Live. It was an honor to be invited to speak and share what I’ve learned on the topic of finance and capital raising for craft breweries. In this post, I will summarize the key points of the...
by Kary@BeerBusinessFinance.com | Oct 16, 2018 | Financial, Financial Newsletters, Financial Resources
Sharing financial information can be a great tool for employee engagement…or, it can be a disaster. Not everyone in the brewery has the background, knowledge and experience to understand the financial information, and how it should be used. In this post,...
by Kary@BeerBusinessFinance.com | Sep 24, 2018 | Financial, Financial Guides, Financial Newsletters, Financial Resources, Operations, Operations Guides, Operations Newsletters, Operations Resources
“Comedy is great because there’s no overhead” -Ron White The cost of making beer includes labor, materials and overhead. The first two are easy to wrap your mind around, but overhead is tricky. Direct labor is the cost you pay people to make the beer....
by Kary@BeerBusinessFinance.com | Sep 12, 2018 | Financial, Financial Newsletters, Financial Resources
According to the Brewer’s Association, hundreds of breweries close their doors each year. Why does it happen? What is the leading cause of failure? And most importantly, how can you avoid a similar fate? Bart Watson, chief economist for the BA says that some of...
by Kary@BeerBusinessFinance.com | Aug 7, 2018 | Financial, Financial Newsletters, Financial Resources
I am a big fan of using financial scorecards to measure brewery performance. Scorecards monitor key metrics. Key metrics are, simply put, important numbers you should look at every day. Think about scorecards like the dashboard on your car. What’s important? The...
