What do the following groups have in common: Mom + Camera + LLC Brewery operator + Finance background Nothing. They both have better compliments If we are ever on the phone, ask me about moms & cameras, I have a hilarious story. Finance people are great at reading spreadsheets and raising […]
Small Batch Standard Services We have developed a specialized knowledge for the brewing and distilling space. Below are our core services, you can learn more about them on our home page or by contacting us. Back office process design Client Accounting Service (outsourced bookkeeping) Taxes (Federal, State, Excise, TTB) Tax Credit calculations for manufacturers Strategic
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Most microbreweries and brewpubs should be aware of three tax saving provisions they are most likely eligible for. The provisions consist of two tax credits and one deduction, it is important to have a tax professional position the company to take best advantage of them. The three provisions are: FICA Tip Credit Domestic Production Activity
I am weary of throwing prediction info around. But this year I said, why not? Here are my predictions for 2017: Craft beer revenues grows 5%-7%. The price of contract brewing decreases by 40% at the end of 2017. Restaurant Groups and Real Estate groups begin buying breweries Foreign beer groups begin buying US breweries
CC // Crystal Ball Read More »
in-case you missed the sexy INTRO to this topic Let’s digress for a moment and define the “Back-office.” – n. slang for location in brewery where the paperwork magic happens. (digression end) So what goes on in the back office? Hiring, firing, ordering, loitering, receiving, shipping, counting, Accounting, costing, payroll, utilizing, collaborating, reporting, tracking, paying,
Technology Suggestions for the Back Office Pt.2 Read More »
Since this is a super interest of mine, I am going to break it down into two posts: 1) Technology is a Tool and 2) Technology Suggestions for the Back-Office: A burning question that kept surfacing at the conference was, “what software are you using?” When I start working with a brewery I always preface
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Boring stuff: Depreciation is the benefit you receive over a given time period from the capital assets you purchased (tank, fermenter, canning line, etc) Unlike monthly recurring expenses (utilities, office salaries, supplies) capital assets are placed on the balance sheet rather than the profit and loss. The depreciation from these assets is what appear on
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To keep up the momentum of the last post I have come up with a list of five “thought points” a potential brewery should consider while planning their arrival; enjoy: Capital – Do you have the money it takes to open a brewery? I see undercapitalized businesses across many industries, and it doesn’t work. Under
5 things to consider before opening a brewery Read More »
Recently, taproom POS (point of sale) questions keep appearing up on my radar. More specifically, people want to know which tablet application is best for their taproom. Within the last 5 years many POS startups have moved in and commanded respect in the space. The introduction of the tablet in business, coupled with these subscription
West Coaster’s bear with me; Midwesterners please be patient. I know what I am about to say is SO a decade-old for yall, but here I go. I am excited about craft brewing!!! This industry is less than 5 years old to my wonderful city, and the momentum is not slowing. While I love beer,
How It All Started Read More »