At Protea Financial, we understand that choosing a bookkeeping partner is a decision built on trust. You are not just handing over your receipts; you are entrusting an individual or firm with the financial heartbeat of your winery. For a business as complex as a winery, this decision is even more critical. A generalist bookkeeper…
Read More
A Winemaker’s Guide to the R&D Tax Credit
Running a winery in California is equal parts craftsmanship, science, and constant reinvention. Whether you’re refining fermentation techniques, improving yields in the vineyard, or investing in new technology, innovation is integral to your daily operations. What many winemakers don’t realize is that these everyday improvements may qualify for one of the most valuable federal and…
Read More
Uncorking Efficiency: Best Practices for a Streamlined Year-End Process
At Protea Financial, we know that for many business owners, the phrase “year-end close” can evoke feelings of stress and urgency. As the calendar year winds down, a financial whirlwind often spins up, involving a scramble to find documents, reconcile accounts, and prepare everything for the tax professional. This process is especially complex for wineries,…
Read More
The Benefits of Working with a Bookkeeping Firm That Specializes in the Wine Industry
At Protea Financial, we believe that every business, regardless of its industry, benefits from accurate and timely bookkeeping. However, we also know that the wine industry is fundamentally different. It is a unique and complex blend of agriculture, manufacturing, hospitality, and regulated commerce. For a winery, generic bookkeeping isn’t just inefficient, it can be detrimental,…
Read More
Closing Out the Year Strong: Essential End-of-Year Procedures for Wineries
At Protea Financial, we know that as the harvest dust settles and the last bottles of the vintage are tucked away, your focus shifts toward the future. However, before you dive into the next year’s budget, there is one critical financial task remaining: the year-end close. For wineries, this process is far more complex than…
Read More
Trust and Trustee Accounting: Expert Management for Peace of Mind
At Protea Financial, we understand that managing personal wealth often extends beyond individual bank accounts and investments. For many of our clients, trusts are a fundamental tool for estate planning, asset protection, and managing family legacies. While trusts offer significant benefits, they introduce a layer of specialized accounting and administrative complexity that can be time-consuming…
Read More
