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SUMMARY:Conducting a Winery Financial & Operational Analysis
DESCRIPTION:Learn how to structure\, review\, and synthesize your winery data to build for success – without sacrificing compliance.\n\n\n\n\n\n\n\nRecord keeping can be cumbersome and overwhelming\, but it is necessary for compliance and tax purposes. What else can your sales\, inventory\, and other records tell you about the health and potential success of your winery? Yes\, most bookkeeping revolves around a Chart of Accounts and other ‘presentation’ data designed to make tax returns easy to process. And while this is a great goal\, that singular focus can sometimes obscure more practical data points that might help us determine if our winery business is profitable and WHY. \nJoin Gregg McConnell of Farm Credit East as he lead us through the right questions to ask when reviewing our records\, and how to manage the data so that it helps build for success – without sacrificing compliance requirements. \nTopics will include: \n\nProfit analysis and cash flow analysis\nCost to produce wine\nGross profit\nBusiness Planning\n\n\n\nClick Here to Register \nThis enhanced webinar is free for Tier 2 & 3 Winery & Grower Members. Tier 1 members and non-member wineries and growers in New York state may join for a fee.
URL:https://newyorkwines.org/event/conducting-a-winery-financial-operational-analysis/
LOCATION:Virtual Event
CATEGORIES:Enhanced Webinar
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ORGANIZER;CN="New York Wine & Grape Foundation":MAILTO:info@newyorkwines.org
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