Analyzing Wine Industry Balance Sheets: Key Metrics and Interpretations

In the wine industry, balance sheets are crucial financial documents that provide valuable insights into the financial health of a winery. These documents contain key performance indicators (KPIs) that help winery owners and managers make important business decisions. Some of the most important KPIs to look out for in a winery’s balance sheet include inventory…
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Protea Weekly Podcast – Episode 13 – Costing Technology

In this episode of Protea Weekly, Zane Stevens interviews Ashley Leonard, the founder of InnoVint, a winery operating system. They discuss the importance of inventory costing in the wine industry and how InnoVint helps wineries manage their costs more effectively. Ashley shares the background and development of InnoVint, highlighting the need for compliance and traceability…
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Protea Weekly Podcast – Episode 11 – What does it cost!

Summary In this episode, Zane Stevens discusses the importance of understanding the cost of products in the wine industry. He highlights the complexity of determining product costs, especially in manufacturing. Zane emphasizes the need for accrual basis accounting to accurately track inventory costs. He explains how accounting can be a service that provides information for…
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Avoiding Costly Mistakes: The Role of Accurate Bookkeeping in Small Businesses

Are you a small business owner looking to avoid costly mistakes and ensure financial success? Accurate bookkeeping is the key to navigating the complex world of business finances. From tracking expenses to financial planning and forecasting future growth, proper bookkeeping can make or break your bottom line. Join us as we delve into the importance…
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