by Kary@BeerBusinessFinance.com | Sep 21, 2020 | Podcasts
In your beer business you can outsource payroll processing, bookkeeping and tax return preparation among other tasks. The ONE THING you cannot outsource is Cash Flow Management. Having enough cash on hand and access to capital is the key to staying in business. Cash...
by Kary@BeerBusinessFinance.com | Sep 14, 2020 | Podcasts
Today we’ll talk about brewery financial planning and forecasting. Traditional budgeting takes forever and the plan is obsolete once it’s done. In this podcast we’ll review tools and models to build a financial plan that can be updated regularly so...
by Kary@BeerBusinessFinance.com | Sep 7, 2020 | Podcasts
Financial literacy is the ability to read and understand the numbers of your brewery business with the purpose of improving financial results. Improving financial results may be in the areas of increased sales, improved product margins, or better cash flow. Financial...
by Kary@BeerBusinessFinance.com | Aug 17, 2020 | Podcasts
There are so many good business books out there that can help you improve financial results in your brewery business. Here are three of my favorite business books of all time: Cash Rules: How to Learn and Manage the 7 Cash Flow Drivers for Your Company’s...
by Kary@BeerBusinessFinance.com | Aug 16, 2020 | Podcasts
In this podcast we talk about open book management for craft breweries. Open book management (OBM) is a system where financial information is shared with employees so that they can make better decisions.Better decisions lead to better financial outcomes, and better...
by Kary@BeerBusinessFinance.com | Aug 3, 2020 | Podcasts
In today’s podcast, we hear from Steven Quish from Cross Insurance. Cross has 40 office locations and 1000 employees. They work with over two dozen brewery clients, so they understand the beer industry. Steve shares his perspective on insurance issues facing...