Category: Professional Services
Find a wide range of resources on Professional Services for the brewing industry including articles, discussion board posts and more.
Sponsored Begin With The End In Mind: Strategies For Selling Your Brewery
We will focus on how to create something you can sell, which will involve clean records, and a solid business platform. 2nd, How to appraise your business based on profit and loss statements. 3rd, how you find a buyer and my preferred method. 4th, you may find after making the changes to your business (having something to sell, you decide not to sell) you may decide not to sell your business, but rather keep it without having to work it everyday anymore. Example – There is no owner working in Starbucks.
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Considering Employee Ownership: Questions to Ask Before Undertaking the Initiative
For many, the idea of owning a business is part of the American dream and there are thousands of examples of that in the country’s small breweries. There are times when founders and owners want to add new people to the mix and considering bringing on existing employees as owners can have a lot of benefits.
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Professional Services featured expert topic supported by Ollie
Ollie enables brewers to better manage brewery production, customer relationships, order processing, inventory, payments, and reporting in a single platform.
Expert Topic An Exit Strategy: Questions to Consider Before Closing Up Shop
The small business survival rate can be terrifying to people contemplating opening their own shop. According to the United States Bureau of Labor Statistics, approximately 20 percent of small businesses in this country fail within their first year of operation. By the end of year five, half have closed. And these stats were before the pandemic took its toll on already strained businesses.
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How to Recruit and Retain Exceptional Employees – An Interview with Pontoon Brewing CEO Sean O’Keef
As the brewing industry grows and becomes more competitive, brewing companies need to make sure they are offering competitive salaries and benefits to recruit and keep top talent. Sean O’Keefe, the CEO and co-owner of Pontoon Brewing in Sandy Springs, Georgia spoke with Beer Edge editor John Holl about his brewery’s approach to employee compensation.
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Insurance Checkup: Tips for Reevaluating your Insurance Coverage From Peter Whelan
Let’s be honest, absolutely no one enjoys dealing with insurance issues. In the best of times, insurance can seem like a pricey extravagance, a hedge against some hypothetical crisis that will likely never appear. And every year when it comes time to renew your coverage, the irritating process starts all over again.
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Expert Topic Employee Perks and Benefits with Erik C. Coleman of Beer By Coleman
A goal of brewery owners should be to focus not only on making great beer, but providing a workplace environment that values employees, fosters careers, and seeks to keep the calm and peace. That can be easier said than done in a high-pressure environment that touches on many different skillsets but there are ways to achieve a positive workplace beyond just paying a fair salary.
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Selling Your Brewery – Three Paths to Consider with Jason Sleeman of Craft Beverage Lending
When the time to retire arrives and the conditions are right, a brewery owner must decide what to do with the company. In some cases they can simply decide to close the doors, sell the equipment and walk away, living happily in consumers’ minds as a memory. In other instances a decision is made to sell the business.
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DEI: Closing the Gender Gap in Beer – an Interview with Deborah Brenner of Women of the Vine & Spirits
There are a lot of conversations that focus on closing the gender gap in the beer industry and actionable steps have been made in recent years, but more work needs to be done. It is not as simple as simply offering jobs to women. There are rooted problems in the beer industry that need to be addressed to make companies responsible employers and to set a culture that fosters inclusivity.
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The ABC’s of Trademark Law With Attorney Mark Traphage
With nearly 10,000 breweries operating in the United States, and countless beer brands available, trying to come up with an original beer name has never been more challenging. Knowing some basics about trademark law and how to protect your brands is no longer the province solely of larger breweries but all craft brewers.
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News SBA Grant Applications for Restaurant Revitalization Fund Accepted Beginning May 3
The U.S. Small Business Administration has announced that online application for the $28.6 billion Restaurant Revitalization Fund will be accepted beginning on Monday, May 3, at 12:00pm (EDT). The online application will remain open until funds are exhausted.
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News Pandemic Hasn’t Slowed Investment Interest in Craft Brewing Industry
Although the Brewer’s Association announced this week that craft beer sales dropped for the first time ever in 2020 with a 9% decrease in volume, an article in the Commercial Observer says that the craft brewing industry continues to be a desirable investment.
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Nano Brewery Basics
The term “nano brewery” may be a fairly recent addition to the craft brewing lexicon, but the concept of small breweries with a pint-sized brew length is nothing new. Although Anchor Brewing in San Francisco might be considered the first American craft brewery, it was New Albion Brewing of Sonoma, Calif., that showed other entrepreneurs they could build a brewery from the ground up. New Albion opened in 1976 using a 55-gallon brewing system.
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