Lessons Learned from Opening a Second Location: How to Set Up Your Growing Business for Financial Success

Craft Brewers Conference 2023
Location: Nashville, Tennessee
Speakers: Rachel Kesley, Jared Long, Mel Smith

Expanding your business is inherently high-risk. However, it can also be one of the best ways to propel growth and add to your bottom line. Products sold through your taproom have the highest margin, yet a second location is not guaranteed success. Before you take the leap of opening a second location, hear about what went well and didn’t go well from a panel who have been in your shoes.

Learning Objectives:

  • Go over business and legal considerations for setting up and forming your new location
  • Cover tips for selecting a location and determining a pricing strategy
  • Discuss how to setup your bookkeeping correctly from the start so you can analyze financial results by location and revenue center
  • Learn how to choose and utilize your technology partners to drive growth
  • Explore how to create an identity for the location while upholding brand strategy and maintaining a cohesive company culture

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