Protea Financial was founded in 2014 to provide high-quality outsourced accounting at an affordable price. Given Protea’s flexible work environment, the Company especially appealed to accountants who wanted to re-enter the workforce after taking time off to start a family. This allowed Protea to attract extremely talented individuals who were previously overlooked. Protea strives to…
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The Basics of Wine Costing
The cost of making wine can vary greatly depending on several factors, such as the type of grape used, the region where it’s produced, the size of the winery, and the production process. For example, the cost of producing a bottle of wine can range from a few dollars for a low-end bulk wine to hundreds of…
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Wine Accounting 101: Understanding the Basics
Wine accounting is an essential part of the wine industry, but it can often be daunting and confusing, especially for those new to the business. Protea Financial offers wine accounting services tailored to meet your needs and help you understand the basics. Our goal is to help break down the complexities of wine accounting into…
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Protea Conversations: Theresa Wray
Protea Financial was founded in 2014 to provide high-quality outsourced accounting at an affordable price. Given Protea’s flexible work environment, the Company especially appealed to accountants who wanted to re-enter the workforce after taking time off to start a family. This allowed Protea to attract extremely talented individuals who were previously overlooked. Protea strives to…
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How to Speak the Same Language as your Sales and Marketing Counterparts
The Wine Industry has a common language, but do we use it between different disciplines? Stick to 3 rules to empower your colleagues…so that they can help you do your job better. Many wineries and businesses find themselves hesitant to hire outside help because it seems like heavy-lifting to onboard a new person. Similarly, departments…
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Why Reconcile Your Balance Sheet Regularly?
Have you ever wondered why it’s important to reconcile your balance sheet regularly? Doing so is essential to ensure the accuracy of your financial records. Still, it can also help reveal any discrepancies that might be costing you money. At Protea Financial, we understand the importance of accurate financial records. We’re here to explain why…
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