Crafting Futures will offer a series of finance-oriented courses aimed at aiding craft beverage companies gain deeper insights into the financial side of their operations. The first in this series is The Brewery Financial Training Program led by Kary Shumway, CFO of Wormtown Brewery. While it references “brewery” in its description, the course is equally relevant to distilleries and Cideries.
Led by a seasoned CPA with over two decades of experience as a chief financial officer in the beer industry, the Brewery Financial Training Program curriculum is meticulously crafted to deliver practical, real-world strategies tailored specifically for brewery and distillery operations. Throughout the self-paced program, you’ll acquire a comprehensive toolkit to tackle financial hurdles head-on, empowering you to navigate and fortify your brewery business for sustained success. The six self-paced online modules include:
Module 1: Brewery Finances 101
Module 2: Deep Dive into Brewery Financial Statements
Module 3: Common Brewery Financial Problems & How to Fix Them
Module 4: Beer Pricing and Cost of Goods Sold (COGs)
Module 5: Brewery Financial Planning and Forecasting
Module 6: Brewery Cash Flow Planning
Whether you’re a seasoned entrepreneur or a budding enthusiast, this training equips you with actionable insights to optimize profitability and thrive in an ever-evolving market landscape. Join fellow brewery/distillery owners and managers and invest in your financial literacy, allowing you to unlock a competitive edge, enable strategic investments, and ensure operational resilience.
This self-paced program allows you to start courses at any time! Register for Brewery Financial Training Program today.
“My name is Kary Shumway. I’m a CPA, former CFO for a beer distributor and current CFO for Wormtown Brewery in Worcester, MA. I’ve spent the last 20 years using finance to help improve financial results in our beer business. Now, I’m helping other craft breweries do the same. My latest financial training program was designed specifically for non--financial people who have the responsibility of either managing or contributing to the success of a beverage-related business such as breweries, beer wholesalers, cideries, and distilleries"
— Kary Shumway, CPA, CFO, Wormtown Brewery
To register for The Brewery Financial Training Program, simply click on the registration link below and follow the instructions to make your program payment of $499. This comprehensive training will equip you with the knowledge and skills required to optimize profitability and thrive in an ever-evolving craft brewing industry landscape. This self-paced program allows you to start courses at any time.
Gain deeper financial mastery with The Brewery Financial Training Program, an immersive online curriculum tailored specifically for craft brewery owners, managers, and staff. This course is also applicable to distilleries and cideries. Dive into six dynamic modules meticulously crafted to unlock brewery financial success. From mastering the fundamentals in Brewery Finances 101 to delving deep into financial statements and solving common brewery financial challenges, each module equips you with practical strategies and insights essential for navigating today’s competitive market landscape. Explore beer pricing strategies, refine your financial planning and forecasting skills, and learn the art of brewery cash flow management.
Program Benefits:
Course Materials:
How this program can transform your brewery business
Chart of Accounts
General Ledger
Brewery Financial Reports
Month-End Financial Process/Procedure
Income Statement, Balance Sheet, Statement of Cash Flows
Key Financial Metrics and Ratios
The World Famous One-Page Financial Statement
Keg Inventory
Product Inventory
Accounts Receivable Collection
Product Margin variances
Beer Costing Fundamentals
Bill of Materials
Kegs, Cans and Beer Loss
Beer Pricing and Portfolio Margins
Financial Planning Best Practices
How to Build the Brewery Financial Plan with Models and Examples
Tactics to train department managers
Cash Flow Management Best Practices
Drivers of Brewery Cash Flow
Scorecards to Track and Measure Key Cash Flow Metrics
3-Step System to Improve Brewery Cash Flow
Join us and fellow industry professionals to revolutionize your brewery’s financial strategy and propel your business towards sustained success. Register today.
The cost of this fully online, self-paced, 6-module program is $499. This competitive tuition includes the expert developed curriculum, comprehensive lessons, and essential financial training to improve financial results in breweries and distilleries.
Tuition:
$499
Programs are designed for brewery and distillery staff. The Finance Academy for Craft Beverages serves finance staff in breweries and distilleries, CPAs, bookkeepers and accountants.
See each program for information on audiences served.
The Finance Academy for Craft Beverages is delivered 100% online.
At the successful completion of this program, you will receive a Certificate of Completion.
Each module has specific approaches to participant assessment. Unlike traditional college courses, participation in the Finance Academy for Craft Beverages requires motivated individuals who seek new knowledge and who value peer learning. Participants will get out of their studies what they put into it.