Business Financial Leadership Workshop

Craft Brewers Conference 2023
Location: Nashville, Tennessee
Speakers: Larry Chase, Chris Farmand, Audra Gaiziunas, Paris McFarthing, Maria Pearman, Richie Saunders, Kary Shumway, Nicole Smith

Are you a brewery owner or manager responsible for operating your business and its financials without the help of a Chief Financial Officer? Do you already understand the basic concepts of your business’ accounting and finances, but struggle to make the right decisions for your brewery based on its financial results? Attending this workshop will improve your financial management competency and enable you to operate your brewery and its finances more effectively and efficiently. Throughout the workshop, you will also have opportunities to learn from financial professionals in the craft beer industry and connect with fellow like-minded brewery owners and managers.

The purpose of this workshop is to equip brewery owners, managers, and operational staff with the financial tools to accelerate their business. Through guided speaker sessions and breakout discussions, we will cover core topics related to the business and financial aspects of brewery operations. Each attendee will have the chance to use their own brewery information and metrics as we work through topics related to revenue and sales forecasting, cost of goods, operating expenses, and profitability. We will teach each brewery to create their own high-level budget and Key Performance Indicator (KPI) dashboard. By the end of this workshop, attendees will be able to take the financial management tools they created back to their breweries in order improve the financial health and success of their businesses.

Learning Objectives:

  • Improve financial management competency and overall business leadership skills of all attendees Provide high-level overview and strategies to forecast revenue, sales, measure cost of goods sold (COGS), and control payroll expenses based on various business models, product mixes, and optimal staffing plans Better understand operational expenses to improve profitability, cash flow, and enable future expansion and sustainable business growth Create a high-level budget for their brewery in the format of a simple profit and loss statement and a KPI dashboard to track important metrics Enable attendees to implement best practices in motivating and leading their teams to improve the financial health and overall success of their breweries Agenda &
  • Worksheets Business Financial Leadership Workshop Agenda Worksheet: Revenue Projections Worksheet: Innovation Costing Model Worksheet: Recipe Costing

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