A few weeks back, we explored some initial thoughts on the new Package Store model that has emerged as a result of the corona-shutdown. Then we dug a bit further into the financial implications that this newfound emphasis on packaged product sales would have both during and after the crisis. And now most recently, we’ve […]
This handbook exists in order to document everything that goes into what makes Small Batch Standard what it is: a specialized, expertise-based financial agency aimed at helping breweries grow profits, and doing so in a way that facilitates deep, successful relationships. In order to accomplish this, we need a team of self-motivated, independent, autonomous contributors
The SBS Employee Handbook (Excerpt) Read More »
Last week, we had a chance to team up with Ekos to talk about the current state of the craft industry, The Package Store pivot, and some of the specific financial implications of the new model both during and post-COVID. Here’s the webinar replay: And here are some timestamps for reference: 0:00 – Introduction and
Ekos Finance Webinar: Using the crisis to shore up weaknesses and rebuild the P&L Read More »
Over the past six weeks, amid the chaos, the gloom and doom, and the uncertainty of what comes next, something remarkable has happened. Yes, folks are out there laying out big scary numbers on brewery closures, crushing loss of revenue, and predictions about the coming recession, depression, whatever we end up calling this thing. But
The Package Store: Opportunity amidst the chaos for a new normal Read More »
Below you’ll find a replay of the coronavirus cash flow contingency planning webinar we held on Thursday, April 2nd, which walks through the cash flow planning template we’ve developed. Here’s the link to use the template: Cash Flow Contingency Planning Template The Objective What’s most important now is making informed decisions and doing what we
The Brewery’s Cash Flow Contingency Plan: Webinar Replay Read More »
Last week the Families First Coronavirus Response Act was passed into law, which provides two federal tax relief options available to us. Below are a few segments from our call on Tuesday, March 24th that walk through those options and their implications. For reference, here are two documents (first, second) that contain some additional details.
Guidance on Federal Tax Credits from The Families First Coronavirus Response Act Read More »
It’s a black hole vortex of information out there and so protecting our energy and attention is critical right now. My inbox, if any indication, is an absolute war zone at the moment. Instead, we have (hopefully) condensed down what we know into an initial set of actionable recommendations you can use or a least
A Coronavirus Action Plan for Breweries Read More »
First, the topic dominating almost every conversation this week… The thing on everyone’s mind A quick share from what we thought was a clear, no-nonsense assessment and directive on Coronavirus and its implications. And since Joe Rogan apparently is now the most trusted name in news… if you haven’t seen it I’d highly recommend taking
Leader’s Eat Last and Thinking Process, Not Product Read More »
Well, I feel comfortable saying that we have officially outdone ourselves. We’ve laid down some serious knowledge over the course of this series. Knowledge that NO ONE else in the industry is sharing, I might add. (I know because quite literally everyone we’ve spoken to recently tells us exactly that.) I know because my brain
The Action Component: How owners and operators bring Intelligent Action to life Read More »
This portion of the Intelligent Action Series walks through our Brewery Benchmarks Assessment process, step-by-step. Step 1: Context & Endgame Step 2: Financial Analysis Step 3: Taproom, Distribution & Operations Step 4: The Annual Goals Step 5: Leadership & Vision If you believe an assessment is the right move for your brewery this year, reach
Leadership and Vision: The Brewery Benchmarks Assessment Step 5 Read More »