Firm of the Future

CC // Markup v. Margin

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. …

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CC // Taproom Pricing

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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CC // Pint Price

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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What is the deal with CC?

We start each post with CC to remind the reader we are Crafting Candor. Our unique and honest information delivery sets us apart. Add in our knowledge and we are deadly. We understand we are not for everyone, and that’s ok. Our customers experience a shortcut to success.   -cf  

Tax Credits

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 …

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CC // Crystal Ball

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 …

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Technology is a Tool

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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Fixed Assets and Depreciation

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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