Craft Brewery Financial Training Podcast

Today we hear from Bart Watson, Chief Economist for the Brewer's Association. Bart breaks down 2022 beer data, shares trends, volume and market share on the beer industry. Key TopicsBeer data and trends to watchOn premise vs. off premise volume and growth Trends in pack counts, sizes, formatsBrewery openings and closingsBart's forecast for 2023ResourcesLearn more about Bart's work with the Brewer's AssociationGet the free brewery financial training newsletterReady to transform financial results in your beer business? Learn more about the Beer Business Finance Association, a network of owners and managers working together to build more profitable companies.

Today we hear from Candace Moon the Craft Beer Attorney.  Candace shares her knowledge and experience around the laws and considerations when opening and running your brewery.Key TopicsImportant legal documents for your beer businessWhat you need to know about securities laws when raising investor moneyBrewery contract basics Best practices for compliance with state and federal rulesHow to build your team so that you don't have to do all this yourselfResources Learn more about the Craft Beer AttorneyCheck out a new resource - Start a Brewery.comSign up for the free brewery financial training newsletterReady to transform financial results in your beer business? Learn more about the Beer Business Finance Association, a network of owners and managers working together to build more profitable companies.

Today we hear from Michael Varda from Craft Beer Advisory Services. Michael's company helps craft breweries increase sales and sharpen marketing with consumer intelligence research. Michael shares tips and tactics from his consumer intelligence research: What makes customers drink what they drink?  What decisions drive where they go? And how can you can use this data to make intelligent business decisions for your brewery? Key TopicsTop reasons why customers will come back to your taproomThe 6 types of customers and how to use this information to drive more taproom trafficResearch Reports: Brand Analysis, Custom Benchmarks, Go-To Market Strategy, and Consumer MotivationResourcesLearn more about Craft Beer Advisory ServicesGet the financial training newsletter for breweriesReady to transform financial results in your beer business? Learn more about the Beer Business Finance Association, a network of owners and managers working together to build more profitable companies.

Today we hear from Chris Overlay from Get Hoptimized.com, a digital marketing agency that is laser focused on craft beverage. Chris shares the details on the wifi-gateway. What is the wifi-gateway?  Possibly, the best marketing tool you've never heard of. Key TopicsRecent trends in brewery marketingChris' Hot Takes: Google Display, Loyalty Programs, and the wifi-gateway Top SEO metrics to track: bounce rate, pages/session, time on siteHow to win more customers by understanding the customer journeyResourcesLearn more about Get HoptimizedGet the financial newsletter for breweriesReady to transform financial results in your beer business? Learn more about the Beer Business Finance Association, a network of owners and managers working together to build more profitable companies.

Interest rates are rising and the cost to borrow money is getting more expensive. In today's podcast, Jason Sleeman from UCBI shares his insights on how to deal with the effects of inflation and rising interest rates. Key TopicsTop banking and financing trends facing the beer industryThe nuts and bolts of re-structuring your loansTips to find grants and outside equityResourcesPodcast: Brewery Financing Tips for 2022Get in touch with Jason Sleeman: jason_sleeman@ucbi.comGet the free for the brewery financial newsletterReady to transform financial results in your beer business? Learn more about the Beer Business Finance Association, a network of owners and managers working together to build more profitable companies.

In today's podcast you'll hear the audio version of our recent webinar on How to Build Your Brewery Financial Plan.  We'll review how to put together your sales plan, margins, operating expenses and bottom line. Key TopicsFinancial planning best practicesBudget pitfalls to avoid6 Steps to build your financial planTips to overcome the 'overwhelm' when preparing a budgetSpreadsheet models and tools to get you startedResourcesRegister to watch the brewery financial planning webinarGet access to the brewery financial newsletterReady to transform financial results in your beer business? Learn more about the Beer Business Finance Association, a network of owners and managers working together to build more profitable companies.

The craft beer industry is filled with great people, but none better than today's guest, Andrew Coplon from Secret Hopper.  Secret Hopper is a mystery shopping company for taprooms.  In today's podcast, Andrew explains how it works and why it's valuable for taproom managers and brewery owners.Key Points4 data points you need to know to grow taproom salesTips to grow taproom sales as we head into Fall and Winter  How to create more memorable (and profitable) experiences in your taproomTop takeaways from the Craft Beer Professionals Connects live event ResourcesLearn more about Secret HopperLearn more about the Taproom Success Membership, a training resource for taproom managers and staffSign up for the brewery financial newsletterReady to transform financial results in your beer business? Learn more about the Beer Business Finance Association, a network of owners and managers working together to build more profitable companies.

Today on the podcast we talk with 5th Ingredient Founder and CEO Pulkit Agrawal. Pulkit shares how brewery management software Beer30 uses data to help you produce better beer and better business results. Key TopicsWhen do you need a brewery software system?10 steps to implementing brewery management software (watch the video)The questions to ask when researching brewery softwareTop brewery KPI's and key metrics to trackResourcesLearn more about Beer30Sign up for the brewery finance newsletterReady to transform financial results in your beer business? Learn more about the Beer Business Finance Association, a network of owners and managers working together to build more profitable companies.

Today we hear from Kyle Rheiner from Arthur Hall insurance. We talk about year end planning tips for breweries, the impact of inflation on insurance costs, and the main drivers of insurance expense (and what you can do to reduce them). Kyle C. Rheiner is a Certified Insurance Counselor and is the Food & Beverage Practice Leader at Arthur Hall Insurance in West Chester, PA.  Kyle has over 20 years’ experience in the hospitality industry along with actually brewing and distilling craft beverages.  He and his team handle the insurance for over 150 restaurants & craft beverage makers in the USA. Kyle is also the Host of The Beer Mighty Things Podcast.ResourcesContact Kyle Rheiner: kyle@craftbrewinginsurance.comListen to the first podcast with Kyle: Use this simple tip to save thousands on your brewery insuranceSign up for the brewery financial training newsletterReady to transform financial results in your beer business? Learn more about the Beer Business Finance Association, a network of owners and managers working together to build more profitable companies.

In this podcast you will learn about a new 1-on-1 financial service just for craft breweries: The Brewery CFO in a Box.What is it?Customized in-depth financial analysisOne on one consultingFull financial training program for you and your staffDeveloped based on my 25 years of experience as a CFO in the beer industryWhy do I need it?Get 1-on-1 help to set up your financial budget, analyze your financial statements, and benchmark financial resultsGet monthly support from a brewery CFO to help you stay on track with your financial goalsTo learn more, listen to the podcast!ResourcesBook a time to talk with me one-on-one about the Brewery CFO in a Box packageReady to transform financial results in your beer business? Learn more about the Beer Business Finance Association, a network of owners and managers working together to build more profitable companies.