Felando Financial Strategies can help you identify the key drivers of cash flow to allow your winery to grow and make sure you have enough cash to support operations. Understanding your cash flow will enable management to make intelligent decisions about how much cash is available for capex projects and working capital.

To assess profitability at the company level, and profitability and gross margin at the product level, it’s imperative that inventory costs are gathered, classified and recorded accurately. Recording costs accurately requires an understanding of the growing and manufacturing process as well as how indirect costs affect inventory. Once it’s determined what costs need to be captured, then it can be determined the best way to capture the costs and then lastly how those costs are allocated to inventory. Felando Financial Strategies can help you create Standard Operating Procedures (SOPs) to gather the necessary inputs and create a costing system that will allow you to see profitability for each product in any channel where it’s sold. Understanding the gross margin of each product can help management make more informed decisions about volume growth by product.