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...
by Kary@BeerBusinessFinance.com | Mar 26, 2020 | Financial
Let’s face it, the beer game has changed. Competition in the market is tough. Sales growth and profit growth is getting harder and harder to come by. It’s time for a new approach. Here’s an idea…Use Financial Literacy as a competitive...
by Kary@BeerBusinessFinance.com | Mar 23, 2020 | Financial
What should your brewery P&L look like? What numbers should you expect to see? How do your numbers compare with what other breweries are doing? In this post, we’ll give answers to these questions and include an example brewery P&L spreadsheet template to...
by Kary@BeerBusinessFinance.com | Mar 19, 2020 | Financial
Planning and re-forecasting during these strange days will be an essential survival skill. In this post, recently put together for Brewbound, we’ll review a financial re-forecasting template you can use to model out extreme changes in brewery sales, margins and cash...
