In this episode of Protea Weekly, Zane Stevens interviews Ashley Leonard, the founder of InnoVint, a winery operating system. They discuss the importance of inventory costing in the wine industry and how InnoVint helps wineries manage their costs more effectively. Ashley shares the background and development of InnoVint, highlighting the need for compliance and traceability…
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In this episode, we discusses the importance of inventory costing in the wine industry. He emphasizes the need for accrual basis accounting and explains how tracking costs on an accrual basis provides a basis for making good business decisions. Zane focuses on the complexities of inventory costing in the wine industry, where the process from…
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In this episode, Zane Stevens discusses the challenges faced by business owners, particularly in the wine industry, and the impact of changing consumer behavior. He emphasizes the importance of managing cash flow and explores various debt and cash flow options available to businesses. The focus then shifts to lines of credit, explaining their benefits and…
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Are you a part of the vibrant and ever-evolving wine industry? If so, then you’re probably well aware of the unique challenges that come with reconciling finances in this dynamic field. From managing inventory to tracking sales and expenses, maintaining accurate financial records can be quite a balancing act. But fear not! Here at Protea…
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How smaller, independent wineries can sell more wine in a hypercompetitive marketplace State of Industry – Lots of winners but many “silent” losers It’s amazing how the world can change in a year! Even before the COVID-19 pandemic made its global impact, the U.S. Wine Industry was in a tough spot with oversupply, consumer buying-habit…
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