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Podcast: Startup To Scale
Episode: 225. Accounting for CPG Food and Beverage Brands
Description: Accounting for beverage brands isnβt just about balancing the books β itβs about understanding the unique financial challenges that come with scaling a physical product business. In this episode, I sit down with Jessica Howes, founder of Wizard Accounting, to unpack the essentials of CPG accounting tailored specifically for beverage brands.Jessica shares her insights on how to properly account for co-manufacturer fees like tolling and setup charges, how to calculate true gross margin across channels like retail, DTC, and Amazon, and how to manage inventory β including what to do about spoilage and outdated products...