by Kary@BeerBusinessFinance.com | Apr 1, 2022 | Financial
The New Craft Brewery Financial Training Membership includes unlimited access to our library of online training courses, weekly brewery financial newsletter, archive of webinars, podcasts and brewery financial planning tools. Watch the 2-minute video to learn more:...
by Kary@BeerBusinessFinance.com | Feb 21, 2022 | Financial
In this post I’ll share my favorite key metrics, the ones that I look at every day. These are the numbers that, in my experience, make the biggest difference and have the most impact on the financial success of a brewery. As a special bonus, I’m also...
by Kary@BeerBusinessFinance.com | Feb 14, 2022 | Financial
In my experience, the most effective taproom sales growth KPIs are listed below. Sales in dollars Sales growth percentage Customer visits Average Spend per customer For each KPI, to set a goal, and then track against it. The goal establishes your expectation for what...
by Kary@BeerBusinessFinance.com | Feb 7, 2022 | Financial
If you have loans, you need to track these key metrics: Debt service coverage ratio and debt to equity ratio. These ratios sound complicated and scary, but in this post we’ll break them down and explain them in common sense language. Debt service coverage ratio...
by Kary@BeerBusinessFinance.com | Jan 31, 2022 | Financial
Key metrics, critical numbers, and benchmarks are used to measure and manage the most important numbers in your brewery. In this post we’ll review key income statement metrics and provide a tool you can use to track your critical numbers. Income statement...
by Kary@BeerBusinessFinance.com | Jan 24, 2022 | Financial
Setting goals is easy, sticking with them is hard. In this post and video we’ll review goal setting basics, frameworks you can use to organize your goals, and tactics to make them stick. Goal Setting Basics Start with a year-end review Get the goals in writing...
