by Kary@BeerBusinessFinance.com | Nov 24, 2018 | Taproom, Taproom Newsletters, Taproom Resources
This question came up recently: What are average taproom net profits? The un-satisfying answer is that it depends on a lot of different factors. However, in this post, we’ll review taproom key metrics so that you have a ballpark look at average taproom net...
by Kary@BeerBusinessFinance.com | Nov 2, 2018 | Taproom, Taproom Newsletters, Taproom Resources
If you have a taproom, you probably have live music. Guests enjoy the entertainment and the atmosphere it creates in your taproom. But that live music comes at a cost. So, what are you doing to measure and improve the taproom music Return on Investment? In this post,...
by Kary@BeerBusinessFinance.com | Oct 18, 2018 | Taproom, Taproom Newsletters, Taproom Resources
This Craft Brewery Financial Training article was recently published on Brewbound, a top-notch resource for the beer industry. The article is re-printed below or you can check it out, complete with fancy graphics here. The U.S. beer market is quickly approaching 7,000...
by Kary@BeerBusinessFinance.com | Jul 21, 2018 | Taproom, Taproom Resources
A Metric is a quantifiable measure used to track and assess the status of a business process. More simply, a key metric is a number you should look at every day. It’s a number or numbers that will make a real difference in the financial or operational results of your...
by Kary@BeerBusinessFinance.com | Jul 19, 2018 | Taproom, Taproom Newsletters, Taproom Resources
Question: How much can one barrel of beer generate in taproom sales? Answer: A lot. To put a little more detail on that, we’ve created the Taproom Sales Calculator. This sweet spreadsheet allows you to break down and estimate your sales by the different ways to sell...
by Kary@BeerBusinessFinance.com | Jul 17, 2018 | IT and Software, IT and Software Newsletters, IT and Software Resources, Taproom, Taproom Newsletters, Taproom Resources
Cloud based Point-of-Sale Software allows breweries to complete credit and cash transactions, run reports to help analyze sales, and monitor inventory. The POS System is a combination of hardware and software. Hardware includes things like an iPad, scanner, and...