CFO Services & Specialized Accounting Courses for Small Wineries
CFO Services for Small Wineries
Finance and Strategy, Wine Costing, Bookkeeping Courses
As small winery finance and strategy specialists, we help winery owners, office managers, and accounting professionals overcome the financial complexities of running a small winery through our 3 part process.
Do any of these sound familiar?
My books are a hot mess…
Conventional accounting procedures don’t meet the unique needs of a small winery, and this results in financials that are impossible to understand. Out system is specifically designed for winery owners who are non-accounting professionals to understand their financials so they can make informed decisions.
I have no idea what my wine actually costs…
There is a LOT of conflicting information about wine costing. This is because the cost of the wine on your tax return is DIFFERENT than the cost of the wine for your internal financials, what we call True Cost. If you use Tax Cost to set the sale price of your wine, you will make a FATAL error. You need both costs. We show you how.
I think I’m running out of cash…
Cash is the lifeblood of every business. But the fluctuations in the wine industry due to the seasonal timing of sales (O-N-D and club runs) plus the seasonal expenditures (grape, barrel, and bottling expense payments) cause huge dips in cash flow. You can have both a profit and crappy cash flow. Our Outsourced CFO services help you be prepared.
Imagine…
Your day-to-day bookkeeping runs smoothy
Your day-to-day bookkeeping runs smoothly and efficiently so that you can focus on that stuck fermentation and talk to your guests.
Your financials are organized
The financials are organized and easy to read, so you are able to interpret them and make informed critical business decisions.
Your future looks bright
You sleep better an night knowing that the business will be thriving years from now when your wines have aged and matured.
We have designed a 3-step process to help you and your financial team clean up your books, identify your true costs, and build a financial strategy for your small winery.
We help small winery owners be more profitable
Wherever you are in your small winery business, know that these challenges are not unique to you. Standard business tools and processes are not well adapted to the specifics of a small winery. If you’ve tried several solutions, all to no avail, you’re in the right place!
Our 3-Part Process for Small Wineries
Stage One: Get your financial file in order
Stage Two: Calculate your True Cost
Stage Three: Plan a Path to Growth and Profitability
“Step by step, over about one year, I felt well prepared to handle all the process requirements to support a winery business.”
— George C.
How to work with us
Our 3-part process to help small winery owners be more profitable
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Get your financial file in order
Be honest (we won’t judge!), do you file the financials away without looking at them because they are confusing? You are not alone! Without a clean and clear organization, your reports are impossible to understand, so when you need to make important business decisions, they are not at all useful.
Get your accounting file and financial procedures in order with our system The Fundamental Five!
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Calculate your True Cost
If you ask your tax accountant, if the “cost” they calculated for your wine is “tax cost” or “true cost”., they likely told you “tax cost”. (which is what you want to file your taxes).
But did you know that Tax Cost is lower than True Cost, so If you price your wine based on Tax Cost, you could be making a fatal mistake.
We help you calculate your True Cost, empowering you to make informed financial decisions in your winery.
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Plan a path to growth and profitability
Congratulations! Your books are in order, and your costing is accurate. Now it’s time to have some fun forecasting your cash needs, analyzing your activities, and planning a path for growth and profitability.
Every business needs a CFO, but a small winery doesn’t need one full-time. We have a range of Outsourced CFO Services suitable for 50 case and up to 20,000 case wineries.
Let us find the right support for you!