The Numbers Game: Understanding Financial Strategy for Your Brewery
Brewing is a capital-intensive industry, so it's imperative to follow a path that brings the greatest return while conserving or boosting cash. Cash is the key to survival.
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It can be easy to forget that every brewery is also a business that requires strong leadership, a positive company culture, stable finances, and more. This section is for everything beyond the brewhouse, including regulation and government affairs; promotion of diversity and inclusion in the craft beer industry; establishment of best practices for human resources, management and leadership in breweries; maintaining healthy finance and accounting practices; and understanding the statistics and trends that are affecting the indsutry overall.
Brewing is a capital-intensive industry, so it's imperative to follow a path that brings the greatest return while conserving or boosting cash. Cash is the key to survival.
Recent research found that a small subsegment of IPA lovers may well be breaking the mold of what we’ve come to recognize as the typical craft beer drinker
Some craft brewers, both large and small, rely almost exclusively on a healthy dose of gut instinct, augmented by barstool-to-barstool conversations with their drinkers.
Craft brewers added 2.8 million barrels in 2015, and 620 new breweries opened. At the same time, craft beer’s growth continues to evolve as competition increases.