Running a business, let alone being in the dynamic world of wineries, comes with juggling many tasks. One of those tasks that feels daunting is managing payroll, replete with minute calculations, tax regulations, and employee records. But what if there were ways to simplify this most complex of processes and save you hours in your…
Read More
Protea Weekly – Episode 37 – What is a CFO?
In this episode, Zane Stevens discusses the difference between a CFO and a controller and why Protea Financial does not offer fractional CFO services. He emphasizes the importance of bookkeeping as the foundation of good accounting services and highlights the services Protea Financial offers up to the CFO level. Zane explains that a CFO is…
Read More
Understand Your Finances: How Outsourced Bookkeepers Will Help You Educate and Empower Yourself
The most often-quoted statement in business is that managing one’s finances is the critical part of running a business. However, it could turn into one of the most complicated and overwhelming tasks if you weren’t experienced in financial matters. Knowing your finances is much more than just keeping receipts and counting the money coming in…
Read More
Understanding Business Management Ratios
As a follow-up to our article “Benchmarking in the Wine Industry,” we wanted to share some key business management ratios with you. Business management ratios are essential for management or owners to evaluate a company’s financial health and operational efficiency. Ratios can distill activity to a single number, providing a point-in-time insight or multiple periods…
Read More
Harvest Season Wrap-Up: Financial Reporting and Analysis for Wineries
Throughout harvest season, your focus is on your products. However, when it winds down, it is time to shift your focus from the vineyard to your financial books. The end of harvest is not just a moment to breathe a sigh of relief; it’s an opportunity to evaluate your winery’s performance, assess your financial health,…
Read More
Protea Weekly – Episode 36 – Building Resilience
In this episode of Protea Weekly, Zane Stevens discusses the importance of building resilience in the face of challenges. He emphasizes the need to share knowledge, speak up when struggling, and embrace the rule of thirds in business. Zane provides tips for building resilience, including staying flexible, developing coping strategies, maintaining a support network, focusing…
Read More
