Blog
News and insights for winery business owners
Can I give my employees gift cards?
It’s nice to do something nice for your employees. Gift cards seem like the perfect way to say thanks or to give a spot bonus. But unfortunately, the IRS has its own opinion about this.
Empowering employee decision-making, one “6-inch putt” at a time
I’m not a golfer. In fact, I really don’t know the first thing about golf. However, I like to think that I know a good idea when I see one, even if it comes wrapped in a golf analogy. I wanted to share here an idea encapsulated in a simple, three-word mantra: the 6-inch putt. Applying this idea can transform the relationship you have with your employees, the relationship your employees have with your business, and can significantly advance both your company culture and the achievement of your business goals.
“Good enough” cost accounting
If you have read or listened to anything at all about winery cost accounting, you have probably heard it said: "If you don't know the true cost of your wine, how can you know how to price your wine?" Or maybe, "If you don't know the true cost of your wine, how can you know if your winery is profitable?"