by Kary@BeerBusinessFinance.com | Jul 30, 2020 | Financial
How well does your brewery manage accounts receivable? Do you have a solid process and team in place? Do you know you average days to collect? What was your bad debt last year as a percentage of sales? How much bad debt is lingering in your accounts receivable right...
by Kary@BeerBusinessFinance.com | Jul 9, 2020 | Financial
Raising money for a start-up brewery is tough. Especially tough these days with so much uncertainty in the markets. But you’re not going to let that stop you. So, let’s not talk about how tough it is, let’s talk about how you can be prepared to get...
by Kary@BeerBusinessFinance.com | Jul 3, 2020 | Financial
Some folks celebrate the 4th with fireworks, but at Craft Brewery Financial Training we celebrate with spreadsheets. Below are 4 Cool Spreadsheet Tools for your Brewery: Sales Forecast Tool Use this tool to quickly project sales during the month and compare to your...
by Kary@BeerBusinessFinance.com | Jul 1, 2020 | Financial
A process is a series of steps that lead to a desired outcome. A month-end financial process is a series of steps that ensures you have accurate numbers in your financial reports. The month-end financial process can be presented in the form of a checklist, indicating...
by Kary@BeerBusinessFinance.com | Apr 20, 2020 | Financial, Podcasts
Now, more than ever, cash flow planning is a financial survival skill. In this podcast episode we review a 3-step process you can use right now to keep more cash in your brewery. Plus a cash flow model that you can use to keep a close eye on cash money moving in and...
by Kary@BeerBusinessFinance.com | Mar 30, 2020 | Financial
“A smooth sea never made a skillful sailor.” — Franklin D. Roosevelt The seas are rough these days. And while we hope for smooth sailing to return soon, now is the time to work on your brewery financial skills. One important skill to learn during these rough seas is...