Bookkeeping
& Accounting
Maintain the accounting system and keep general ledger up to date with appropriately categorized entries. Perform month-end close process including entering appropriate adjusting journal entries. Ensure appropriate oversight and financial controls are instituted and maintained.
Financial
Reporting
Develop financial statements for monthly, quarterly, and annual review. Included in the reporting package are analytical explanations explaining variances and trends. Customized reports can be made for different audiences (Owners, Board, Management team, Lenders).
Accounts
Payable
Work with your suppliers to ensure timely payment of customers in accordance to your business terms. Make sure there are no business interruptions due to supplier issues, and minimize business risk. Review supplier for business fit and optimize payment terms to industry norms.
Accounts
Receivable
Manage financial relationship with customers (retailers, bars, restaurants, wholesalers) to ensure timely receipt of payment. Review payment terms with customers to ensure compliance with applicable laws. Ensure payment terms are in accordance to industry standards.
Payroll
Work with your payroll provider to ensure timely payroll is made. Ensure appropriate Federal, State, and local tax compliance. Evaluate your current payroll provider for proper fit and recommend alternatives as needed.
Planning
& Budgeting
Where do you want to take your company over the next year? Let’s make sure your annual operating plan supports those goals and is achievable. Do you have the current resources to achieve those goals? Will you need more equipment? More brewers? More sales reps? Let’s put together a plan to understand the challenges and opportunities available to you.
Strategic
Planning
Where do you see your brewery in the next 3-5 years? Let’s put together a long term strategic plan to allow you to meet those longer-term goals. This will help you understand what investments you will need to make in the coming years. This will also inform you of the kind of business relationships that you will need for the next phase of your brewery.
Financial
Analysis
Profitability Analysis
Assess all your beers and formats and determine profitability and options to increase profitability. Review new offerings for comparable profitability.
Cash Flow Analysis
Review current cash position and determine options to increase cash flow. Investigate customer and supplier terms. Evaluate inventory on hand for improvement options.
Cost structure Analysis
Review monthly expenses for savings opportunities. Can agreements or contracts be arranged for better pricing?
Develop Key Performance Indicators and Dashboards
Understand underlying business drivers and develop dashboards to achieve better business performance.