{"id":11123,"date":"2023-06-05T07:06:56","date_gmt":"2023-06-05T11:06:56","guid":{"rendered":"https:\/\/craftbreweryfinance.com\/oldversion\/?p=11123"},"modified":"2023-06-08T10:39:08","modified_gmt":"2023-06-08T14:39:08","slug":"3-biggest-brewery-cash-flow-mistakes","status":"publish","type":"post","link":"https:\/\/craftbreweryfinance.com\/oldversion\/3-biggest-brewery-cash-flow-mistakes\/","title":{"rendered":"3 Biggest Brewery Cash Flow Mistakes"},"content":{"rendered":"<p>Tracking brewery cash flow can be difficult, and it&#8217;s easy to make mistakes.<\/p>\n<p><strong>Here are the 3 Biggest Brewery Cash Flow Mistakes and how to avoid them:<\/strong><\/p>\n<ol>\n<li>No financial plan<\/li>\n<li>No tools to track cash flow<\/li>\n<li>No training on how brewery cash flow works<\/li>\n<\/ol>\n<p>Let&#8217;s go through each of these in turn, and give you some resources to avoid these cash flow mistakes.<\/p>\n<p><strong>#1 No Financial Plan<\/strong><\/p>\n<p>The financial plan, or budget, is your road map to success. It really is.<\/p>\n<p>The plan will outline your goals for sales, cost of goods, margins, operating expenses and profitability.<\/p>\n<p>Don&#8217;t have a brewery budget? Watch this free webinar on <a href=\"https:\/\/craftbreweryfinance.com\/oldversion\/use-this-brewery-financial-planning-system\/\">how to build your brewery financial plan<\/a>.<\/p>\n<p><strong>#2 No Tools to Track Cash Flow<\/strong><\/p>\n<p>Use this <a href=\"https:\/\/craftbreweryfinance.com\/oldversion\/brewery-cash-flow-tool-how-to-video\/\">simple cash flow scorecard<\/a> to track and monitor your most important asset.<\/p>\n<p><strong>#3 No Training on How Brewery Cash Flow Works<\/strong><\/p>\n<p>Take this free training course on <a href=\"https:\/\/www.bbfassociation.org\/offers\/2Lfrskxu\" target=\"_blank\" rel=\"noopener\">brewery cash flow management<\/a>.<\/p>\n<p><strong>Do This Next&#8230;<\/strong><\/p>\n<p>Good cash flow management requires a system, accountability and a good routine.<\/p>\n<p>The Beer Business Finance Association is a network of brewery owners just like you, who are looking to improve cash flow in their business. Together, we share information and best practices to help each other run a better beer business.<\/p>\n<p>In this group, you won&#8217;t be alone to struggle with your cash flow, you&#8217;ll have your peers to support you and guide you along the way.<\/p>\n<p><strong><a href=\"https:\/\/www.bbfassociation.org\/\" target=\"_blank\" rel=\"noopener\">Learn more about the Beer Business Finance Association.<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tracking brewery cash flow can be difficult, and it&#8217;s easy to make mistakes. Here are the 3 Biggest Brewery Cash Flow Mistakes and how to avoid them: No financial plan No tools to track cash flow No training on how brewery cash flow works Let&#8217;s go through each of these in turn, and give you [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11124,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pgc_meta":"","_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[63],"tags":[],"class_list":["post-11123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial"],"_links":{"self":[{"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/posts\/11123"}],"collection":[{"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/comments?post=11123"}],"version-history":[{"count":0,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/posts\/11123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/media\/11124"}],"wp:attachment":[{"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/media?parent=11123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/categories?post=11123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/tags?post=11123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}