Someone told me that Labor Day signifies the end of summer. Is this true? If it’s true, then change is upon us. Changes in season, weather, beer styles, to name a few. I would like to influence a different kind of change which is directed to the brewing industry. I want to …
While in Nashville at the CBC this year I had a friend approach me with a question about contract brewing. They were talking to a high-falutin brewery consultant about their expansion when the consultant suggested they contract brew rather than build a new facility. Lil’ background on this brewery: 15k bbl of production, and growing …
Contract Brewing: An Insider’s Guide to “Nomadic” Brewing Read More »
I received this email a while back about brewery valuation and sale and wanted to share… Chris, We are a small brewery about to celebrate our 4 year anniversary. I think our growth has been strong over the 4 years since we have doubled capacity year over year. Our sales are primarily taproom (beer only) …
I’m sure you have heard that tax reform is upon us. Exactly what, when, or how is yet to be determined, but I am certain it is happening. I will dedicate the next two Tax Tips to explain how the changes will affect your business and personal taxes. This week I will share my thoughts …
Hey, this week’s tax tip is the conclusion to a 3 part series. If you are just joining us, I highly recommend you start with Part 1 and Part 2, before reading this conclusion. Last week’s recap: Brewery owner was given advice to spend, spend, spend because his CPA projected $40,000 in profits at year …
PRODUCT. BRAND. MARKET. SELL. STRATEGY. EXECUTE. MEASURE. HACK. All bullshit aside, let’s forget about selling the brewery for a minute. Why don’t we focus on making it through this “umph.” I define a “umph” as the leveling off in an industry cycle. It happened in the 90’s, my paper talks about it, it will happen …
I recently wrote a post about Gross Profit vs Gross Margin, it was nice. Piggybacking off that topic I want to explain the differences between Markup vs Margin. More specifically, what it looks like at different points in the supply chain. In the margin vs markup game, margin wins….always. Distributors and Retailers work off margin. …
Since taproom pricing is a personal mission of mine, I thought I would lay out 3 reasons to increase your on-premises pricing. Average price per pint in the US is $3.62. Are you above or below that? Jeez, I hope above. I will assume you are at $4.00 or $4.50 per pint. What are …
Since taproom pricing is a personal mission of mine, I thought I would lay out 3 reasons to increase your on-premises pricing. Average price per pint in the US is $3.62. Are you above or below that? Jeez, I hope above. I will assume you are at $4.00 or $4.50 per pint. What are …
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