Strategic Financial Management for Wineries: Charting a Course for Long-Term Success

Running a winery is not just about producing exceptional wines; it’s also about managing your finances strategically to ensure long-term success. Strategic financial management involves planning, organizing, controlling, and monitoring your financial resources to achieve your business objectives. Let Protea Financial help you explore the key elements of strategic financial management for wineries and provide…
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Why You Need a Fiduciary

Estate planning is crucial for managing and distributing your assets according to your wishes. However, many Americans procrastinate on setting up an estate plan, often due to discomfort or misconceptions about the process. Without a living trust, your assets may undergo probate—a costly and time-consuming procedure. Including a professional fiduciary in your estate plan can…
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From Chaos to Order: How Outsourced Bookkeeping Streamlines Your Records

Managing your business’s financial records can often feel like an overwhelming task. The piles of receipts, invoices, and financial statements can quickly turn into chaos if not handled properly. But what if there was a way to transform this chaos into order effortlessly?  Outsourced bookkeeping offers a streamlined solution that can bring clarity and efficiency…
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How Do We Increase Sales? A Collaborative Guide for Wineries

At Protea Financial, we are proud to work with many incredible people who are making exceptional wine! Their dedication to their craft is inspiring.  We wish this were enough to build a successful wine business. But it is not!  Currently, wine and alcoholic beverages, in general, are having a tough time. Between oversupply, congested markets,…
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Protea Weekly – Episode 27 – Should I Conference? – Part 1 – In my Niche

In this episode, Zane Stevens discusses the importance of attending industry-specific conferences. He shares his personal experience attending wine industry conferences and explains how it has helped him become a better advisor to his clients. Zane highlights the benefits of gaining industry-specific knowledge, networking with professionals in the field, and discovering new business opportunities. He…
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Monthly Closing Review and Analysis: Evaluating Performance and Identifying Opportunities

The monthly closing process is more than just a routine accounting task. It’s an opportunity to evaluate your business’s performance and uncover new growth opportunities.  By effectively reviewing and analyzing your monthly financials, you can make informed decisions that drive success. The bookkeeping experts here at Protea Financial want to guide you through a comprehensive…
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