S4E7: Delirium Tremens, Surviving the 2024 Earthquake, What to expect from your tax accountant

Cash Flow with Pam Prior

Disclaimer: The content in this podcast is for entertainment purposes only and does not constitute financial advice. Please consult with a financial professional to determine what may be best for your individual needs.

In this episode of the Cash Flow Podcast, Pam uncovers the rich history and unique taste of Delirium Tremens, her favorite Belgian beer, and draws an intriguing connection between beer tasting and business strategies. As businesses navigate through challenges like earthquakes and economic shifts, Pam emphasizes the critical need for adaptability and strategic foresight. She also clarifies the essential roles of CFOs in steering company finances away from common misunderstandings about accountants and CPAs. Get ready for a session filled with insights on resilience, financial management, and the finer things in life.

✨ 5 Key Lessons:

1. Unexpected events—natural or economic—can alter your business. Build a model that allows for flexibility and adaptation.
2. Identify your core expertise and be ready to pivot as the market demands. Change is the only constant.
3. Tax accountants are crucial for handling taxes and wealth protection, but their role is distinct from that of a CFO.
4. A CFO helps with broader business financial strategies such as profitability, forecasting, and financial planning.
5. Understand the unique financial needs and roles within your business to strategically grow and protect your wealth.

Today's Brew🍺: Delirium Tremens

About the Brewery:

Founded in 1654, Huyghe Brewery has evolved from its early days in Melle, near Ghent, to become a beacon of brewing innovation. Acquired by Leon Huyghe in 1906, the brewery underwent significant transformations, including surviving war requisitions and adapting to changing beer tastes. By 1988, Huyghe had introduced the world-renowned Delirium Tremens, with its famous pink elephant symbol, marking a new era of global recognition.

Today, led by Alain De Laet, Huyghe is known for its diverse array of beers, from traditional pils to exotic fruit beers and organic offerings, producing over 50 different types under its roof. The brewery prides itself on its ability to blend tradition with innovation, producing up to 23 mother beers and leveraging unique ingredients like quinoa and mango. Its expansive product line caters to a global audience, with 80% of its turnover coming from exports.

Huyghe Brewery remains a family-owned powerhouse, committed to quality and creativity, inviting beer lovers everywhere to experience the craft of fine Belgian brewing.

Pam's Fun Fact: In 1997, Stuart A. Kallen declared it to be the “best beer in the world” and this was confirmed when it won a gold medal at the World Beer Championships in Chicago in 1998.

Learn more about Brouwerij Huyghe: https://www.brouwerijhuyghe.be/en

✨ About Pam: A friend in the foxhole, finance wrangler who guides you on the path to confident control of your money mindset and business cash flow. I know what you need to understand, and cut out the rest. You don’t need to BE a bookkeeper, you need to understand a specific set of numbers and how they shape your business.

Learn more about Pam at www.PamPrior.com.

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