Below is a recent conversation I had with one of our long-term, entrepreneurial clients: Jane, the Client: So, one of my friends has just found out that the individual managing the finance and accounting operation for her organization made a number of pretty significant oversights. She asked me for a little advice. Robin: Hey Jane! […]
2020 hasn’t gone the way anyone expected, giving everyone plenty of reasons to worry and fret. But I thought for this year-end blog it might be good to focus on the positive rather than the negative. I think we could all use more of the former and less of the latter. I was mulling over […]
Well, 2020 hasn’t gone the way anyone predicted. But for that reason, I think it’s all the more important to remember the things that have gone well. Here at KBSCFO, some things haven’t worked out, but many things have gone right this year. The more I think about it, the more I realize how many […]
As you are probably well aware if you run a distillery, the prospect of an increase in the excise tax for distilled spirits is hanging over the industry’s head. In December 2017, Congress passed a bill that included a provision to temporarily lower the federal excise tax (FET) on spirits Distillers pay $2.70 per proof […]
Recently I’ve been taking sailing lessons on the nearby Chesapeake Bay. It’s been a fun and relaxing pastime during a particularly stressful year. My sailing instructor has been teaching me watercraft safety rules and sharing some cautionary tales. What has been striking to me is how many of those rules also apply to landlubbers—and business […]
Did you know that KBS CFO has practice that specializes in working with distilleries? Powered by KBS CFO, DistilleryCFO (www.distillerycfo.com) focuses on the success, growth, and sustainability of distillery businesses. DistilleryCFO is a one-stop solution, addressing the financial and technological elements of running a distillery while providing the great service that KBS CFO is known […]