In celebration of Cinco de Mayo, here are 5 Beer Wholesaler Tools to help you increase sales, gross profit and your financial bottom line.
Tool #1: Loan Summary Tracker. In order to grow in the beer industry you need to borrow money. Use this Loan Summary Tracker to organize the loan details.
Tool #2: Lease vs. Buy Calculator. This calculator pulls together the important financial considerations in a Lease vs Buy decision. Variable costs, fixed costs, annual maintenance expenses, and other data points are analyzed so that you can make the best financial decision for your business.
Tool #3: Gross Profit Deep Dive. In this podcast we take a deep-dive into what Gross Profit is, why it’s important, and how your managers can improve this critical number in your beer business
Tool #4: Wholesaler Cash Flow Tracker. The income statement measures sales, expenses and profit (or loss). The balance sheet measures assets, liabilities and equity. Use this tracker to measure, and improve, your cash flow.
Tool #5: Top 5 Reports for GMs. We have access to mountains of data these days. So, it took some thinking to narrow down the Top 5 reports every beer wholesaler GM should run. But when we had our list we knew they were the right ones for us. Read this post to learn about the Top 5 Reports for GMs.
Yours in Beer Wholesaler Tools,
Kary