by Kary@BeerBusinessFinance.com | Jun 30, 2018 | Financial, Financial Newsletters, Financial Resources
“Never underestimate the value of cold cash.” -Gregory Nunn One of the scariest things that can happen in business is running out of cash. Cash is the fuel that keeps the brewery going, and without it, the gears come to a grinding halt. You can’t pay your...
by Kary@BeerBusinessFinance.com | Jun 30, 2018 | Financial, Financial Guides, Financial Newsletters, Financial Resources
“When you appeal to the highest level of thinking, you get the highest level of performance.” Jack Stack, The Great Game of Business Not long ago, our business was growing quickly. We were adding people as fast as we could find them, sales were through the roof,...
by Kary@BeerBusinessFinance.com | Jun 30, 2018 | Financial, Financial Newsletters, Financial Resources
“Numbers have life; they’re not just symbols on paper.” -Shakuntala Devi Financial literacy is the power to read and understand your financial statements. And it can transform your business. This power gives you x-ray vision into brewery operations so that...
by Kary@BeerBusinessFinance.com | May 21, 2018 | Distribution Newsletters, Distribution Resources, Financial, Financial Newsletters, Financial Resources, Operations, Operations Newsletters, Operations Resources
Beer distributors have been selling brand distribution rights and realizing tremendous gains for decades. Why should they have all the fun? As the name implies, brand distribution rights are rights granted to sell certain beer brands in specific territories. These...
by Kary@BeerBusinessFinance.com | Mar 29, 2018 | Financial, Financial Guides, Financial Resources, Taproom, Taproom Courses, Taproom Guides, Taproom Resources
What is the point of the scorecard? The purpose of a scorecard is to show the goal or goals you most want to accomplish. A taproom financial income statement is a scorecard. However, it is rigid in what it presents – sales, cost of sales, operating expenses and...
by Kary@BeerBusinessFinance.com | Feb 10, 2018 | Financial, Financial Newsletters, Financial Resources, Sales and Marketing, Sales and Marketing Newsletters, Sales and Marketing Resources, Tools + Templates
“Even money has a price.” –Rodrigo Duterte I recently bought a book called Priceless, The Myth of Fair Value. The book is 300+ pages long, and provides great information about pricing and the role of human psychology in how purchasing decisions are made. While the...
