Exploring the Two Primary Inventory Costing Approaches in the Wine Industry

The wine industry is not just about vineyards and vintages; it’s also a complex business that requires careful financial management to thrive. At the heart of this financial success lies an essential element: inventory costing. At Protea Financial, we want to explore the wine industry’s two primary inventory costing approaches, shedding light on their benefits and…
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Budgeting for Managed Cybersecurity Services in 2024

Have you taken time to review your cybersecurity budget for 2024 yet? It is no longer optional. Going without managed cybersecurity services that fit your organization’s unique needs can increase risk, negatively impact your reputation, and result in major fines and other costs related to data breaches.   Going Without Cybersecurity Strategies Can Impact Your…
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Time is Money: Streamlining Your Business Operations with Outsourced Bookkeeping

Are you tired of spending endless hours crunching numbers, organizing receipts, and struggling to keep up with your business’s financial records? Here at Protea Financial, we understand that running a successful business requires your undivided attention, and the last thing you want is to get bogged down by tedious bookkeeping tasks. Let’s explore the benefits…
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Cutting Costs without Cutting Corners with Tech-Driven Accounting Software

Are you tired of drowning in paperwork and struggling to keep up with your company’s finances? It’s time to cut costs by harnessing the power of tech-driven accounting software benefits. Here at Protea Financial, we understand the challenges of manual management, and we’re here to help you find the perfect solution for your business. Say goodbye…
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Future-Proof Your SMB: Fighting Cyber Threats and Data Breaches in 2024

As we forge ahead into 2024, small and mid-sized businesses (SMBs) find themselves on the front lines of a dynamic cyber threat battlefield, where vigilance and preparation are no longer optional. The age of relying solely on traditional antivirus software has passed, and the rise of sophisticated, AI-driven threats necessitates a proactive approach to cybersecurity….
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Developing a Compelling & Inspiring Vision

Do you ever get frustrated because you spend so much time working IN your business, you feel like you never have enough time to work on your business? If you answer “yes”, you are not alone. As a business advisor to smaller manufacturers, wineries and services companies I hear this frustration frequently. You have so…
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