You’re an employer. You hire people to complete jobs and projects, and then they get paid for their efforts. But that’s just the surface-level description of the employer-employee relationship. When you peel back the layers, the topic of compensation becomes far more nuanced and complex. The real question every business leader must address is: How…
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Analyzing Financial Trends in the Wine Industry: An Updated Outlook
The wine industry, a captivating blend of tradition, artistry, and business acumen, is constantly evolving. From vineyard to bottle, and from consumer preferences to global markets, the forces that shape this dynamic industry are in constant flux. To thrive in this ever-changing landscape, wineries need a keen understanding of the financial trends that influence their…
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Protea Weekly – Episode 45 – Technology to run your accounting business!
In this episode of Protea Weekly, Zane Stevens and Lauren Peters discuss the technology and tools that drive efficiency at Protea Financial. They explore a typical day at the firm, emphasizing the importance of time tracking, practice management software like Karbon, and client management systems. The conversation also highlights performance management through 15Five and knowledge…
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Protea Weekly – Episode 51 – 7 tips for picking the right accountant for your business
In this episode of Protea Weekly, Zane Stevens discusses the importance of hiring an accountant for small business owners, particularly in the wine industry. He emphasizes the need for good information and processes to ensure accurate financial data. Zane shares seven key tips for choosing the right accountant, including the importance of industry expertise, technology…
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Key Changes in 2025 to California Employment Law
Employers, are you ready for 2025 and changes to California employment law? Effective January 1, 2025, the following laws will take effect. Minimum Wage Increase The general statewide minimum wage will increase by 50 cents to $16.50 per hour. Please also remember that many cities, counties, and municipalities require a higher minimum wage than the…
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Setting Budgetary Targets in Wine Accounting: Steps to Achieve Success
The world of winemaking is a delicate dance between art and science, passion and business acumen. While crafting exquisite wines is an art form, managing the financial side of your winery requires a strategic and disciplined approach. At the heart of this lies the crucial process of setting budgetary targets. At Protea Financial, we understand…
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