Employment Practices Liability Insurance (EPLI) is a Must-Have for Wineries (or Any Business) of All Sizes

Running a successful winery involves more than just crafting exceptional wines. It requires careful management of employees, compliance with labor laws, and a proactive approach to mitigating risks. One of the most significant risks businesses face today is employee-related lawsuits. This is where Employment Practices Liability Insurance (EPLI) becomes essential. Whether you operate a small…
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Mastering Data Management for Winery Businesses: Tips for Compiling Business Data

In the intricate world of winemaking, where artistry intertwines with agriculture and business, data isn’t just a buzzword—it’s the lifeblood of sustainable growth. We, at Protea Financial, understand the unique challenges faced by winery businesses when it comes to managing data. That’s why we aim to help you navigate the complexities and harness the power…
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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…
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Protea Weekly – Episode 35 – Strategies for Bad Days

In this episode, Zane Stevens shares updates on his personal life and busy season as a soccer coach. He then discusses a social media post by Kim Carpe about the rule of thirds in work. Zane emphasizes the importance of recognizing that work will have good, okay, and bad days, and provides strategies for each….
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The Complex World of Inventory Compliance for Wineries

The foundation of any successful business – including wineries – comprises the numbers that underly everything. Tracking your performance using these numbers is vital to maintaining and expanding a profitable business. The challenge is in the details and the arduous, often-tedious job of allocating costs, calculating COGS, managing key indicator accounts, and more. Wineries are unique…
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The Pitfalls of Manual Bookkeeping and the Automated Solutions Available

Manual bookkeeping has been the backbone of business accounting for centuries. While it has its merits, the digital age has exposed the inefficiencies and risks associated with this traditional approach.  For many businesses, the time-consuming nature of manual bookkeeping can slow down operations and hinder growth. Here at Protea Financial, we want to cover the…
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