by Kary@BeerBusinessFinance.com | Nov 6, 2023 | Financial
Our brewery budget workshop is happening on Thursday from 2-4pm ET. For those attending the workshop, download the financial budget model here. This is the model that we’ll go over and fill out during the workshop. For those who haven’t yet signed up, see...
by Kary@BeerBusinessFinance.com | Nov 5, 2023 | Financial
The hardest part of starting a brewery is finding the money to get started. The first step in the funding journey is to create a sources and uses schedule. This is a schedule of all the things you need to spend money on (uses) and where you hope to get the money from...
by Kary@BeerBusinessFinance.com | Oct 20, 2023 | Financial
It’s budget season. Time to build your 2024 brewery financial plan. If you need help starting (and finishing) your plan, the Brewery Budget Workshop may be just the thing. In our workshop we’ll create the sales and margin forecast, build out operating...
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...
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...
by Kary@BeerBusinessFinance.com | Aug 28, 2023 | Financial
To achieve the best financial results in your brewery, you need the best pricing for your beer. This starts with understanding your beer costs, and how margins work throughout the 3-tier system. It’s not too complicated, but it helps to have a template, and a...
