by Kary@BeerBusinessFinance.com | Apr 18, 2022 | Financial, Sales and Marketing
In this post we’ll cover beer pricing basics, best practices, and share a pricing model you can use in your brewery. The basic equation with beer pricing is: Price – Cost of goods sold = Margin The goal is to price our beer so that we make enough margin to...
by Kary@BeerBusinessFinance.com | Apr 11, 2022 | Financial
One of the great mysteries is how to calculate labor and overhead so that they are included in your beer costs. In this post, we’ll simplify labor and overhead costs so that you can solve this cost mystery in your beer business. The 5 W’s of Labor and...
by Kary@BeerBusinessFinance.com | Apr 4, 2022 | Financial
One of the challenges with beer costing is that it is confusing. It’s not clear what costs should be included, how the costs are calculated, and how to keep track of everything. In this post, we’ll break through the beer costing confusion using the age old...
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...
