jeremy, Author at Protea

How to Calculate the Cost of Making Wine

[et_pb_section fb_built=”1″ _builder_version=”3.22″][et_pb_row _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.7.7″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] To run a profitable winery, it is vital to understand how much profit you are making per bottle of wine sold. You will need to be able to determine and understand what you can sell your wine for and how […]

Financial Forecasting and Cash Flow Planning

While extremely rewarding, getting a winery up and running can be very difficult to do. Not only does it require a large amount of capital and resources to start with, but you also won’t even start selling wine until a few years down the line. It’s a large investment with a substantial amount of risk […]

The Property Insurance Marketplace for Wineries

[et_pb_section fb_built=”1″ _builder_version=”4.0.7″ custom_padding=”0px||0px|||”][et_pb_row _builder_version=”4.0.7″ min_height=”196px”][et_pb_column type=”4_4″ _builder_version=”4.0.7″][et_pb_text _builder_version=”4.7.4″ _module_preset=”default”] The state of the Property insurance market for wineries is experiencing some severe difficulties and there is no relief in sight for the foreseeable future. We are experiencing what the insurance industry calls a Hard Insurance Market. It is hard to get to coverage and […]

Businesses Need to Do These Four Things Before 2021

[et_pb_section fb_built=”1″ _builder_version=”4.0.7″ custom_padding=”0px||0px|||”][et_pb_row _builder_version=”4.0.7″ min_height=”196px”][et_pb_column type=”4_4″ _builder_version=”4.0.7″][et_pb_text _builder_version=”4.7.4″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″] Many of us are looking forward to putting 2020 behind us and welcoming in a new year. The idea of a fresh start is refreshing and business owners are looking to prepare their businesses for 2021 and beyond. Looking back on 2020 and […]

How to Grow Your Business Through Accounting Outsourcing

Outsourcing routine tasks is an easy way to simplify and grow your business. Accounting, customer service, and marketing are easy places to start when it comes to outsourcing. None of these tasks are unique to your business but all are necessary for a successful business. Fewer in-house employees and the legal and financial complexities that […]

Bookkeeping Basics for Small Business – Why Bookkeeping Matters

[et_pb_section fb_built=”1″ _builder_version=”3.22″][et_pb_row _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] Few of us like to think about bookkeeping and accounting. Without it though, you’ll find yourself in the dark about how your winery is performing. Bookkeeping is the backbone of all businesses. To know what’s happening at the most basic […]

Preparing Your Winery for Natural Disasters

It’s been a tough summer. First, the COVID pandemic slowed down commerce, and most recently the massive wildfires are burning throughout Northern California. This year’s fires came earlier than they historically have and this early arrival means grape harvesting is caught in the crossfire. Many winery owners are rightfully nervous about what the future holds […]

Why Customer Retention is Imperative For a Winery

The primary goal of many wineries is to develop, cultivate and produce products that promote repeat business and retain customers. Wineries exist to satisfy customers’ needs through products or services and it’s important for a winery to retain these customers. Since we operate in a competitive business environment, it is important to identify how we […]

4 Benefits of Outsourced Accounting For Wineries

Accounting and bookkeeping are the heartbeat of the business side of your winery. Unfortunately, these critical functions are too often overlooked by busy owners. While it’s tempting to take shortcuts, or simply rush through the tasks, that can lead to inaccurate financial statements. That’s why Protea Financial offers outsourced accounting services. While it’s certainly understandable – you have […]

Planning for Price Changes

It is common for small wineries to avoid raising their prices for an extended period of time. This is due to a variety of factors, including a lack of accounting input regarding price-volume trade-offs and management’s desire to preserve customer interest. Alternately, a winery may opt to make price changes based on a gut feeling. […]

Author: jeremy

How to Calculate the Cost of Making Wine

Financial Forecasting and Cash Flow Planning

The Property Insurance Marketplace for Wineries

Businesses Need to Do These Four Things Before 2021

How to Grow Your Business Through Accounting Outsourcing

Bookkeeping Basics for Small Business – Why Bookkeeping Matters

Preparing Your Winery for Natural Disasters

Why Customer Retention is Imperative For a Winery

4 Benefits of Outsourced Accounting For Wineries

Planning for Price Changes

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