In today's podcast we hear the audio version of a recent Brewery Financial Round Table meeting where we tackle brewery cost management and expense reduction.

Summary of key points:

• ​Use this 1-2-3-4 step process to put a laser focus on cost cutting and reduction
• Share the Brewery Financial Training Program with your managers and staff – train them in the ways of identifying and reducing (or eliminating) bloated costs
• Key challenges we discussed: Controlling costs related to production and materials, freight and shipping, finding efficiencies, avoiding cost surprises, improving culture and communication
• 78 Ideas to cut costs and improve financial results – Double Your Profits in 6 Months, by Bob Fifer
• Dan Klasen from the Beverage Federation shared details on the group purchasing organization (GPO) to help you save a ‘craft load’ of money

​Join the membership today and get instant access to the brewery financial round table replay, presentation deck, and brewery cost cutting resources.

Today on the podcast we hear from Scott Birkner, VP and Business Lending Specialist at Dogwood State Bank.

Scott shares insights on how to use SBA loans to purchase an existing brewery or make a partial acquisition of a brewery.

Key Topics

• How to finance a start-up brewery, buy an existing brewery, or make a partial acquisition using SBA loans
• State of the lending industry: Credit availability, interest rates, trends
• What does the future of lending look like? Scott looks into his crystal ball and shares his observations

Resources

• Connect with Scott and learn more about brewery acquisition financing, sbirkner@dsbnc.com
• Join the Beer Business Finance Association - we talk brewery finances all the time!

Today on the podcast we talk non-alcohol beer with Dave Williams from Bump Williams Consulting.

Dave shares data, insights, and analysis on the non-alcohol beer category.

Key Topics

• Major players in non-alcohol beer, sales volume, and growth trends
• NA beer sales by market channel: Chain and grocery, liquor, convenience, and on-premise accounts
• Retailer response to NA beer: More shelf space, more willingness to take on these brands
• Crystal ball time. What does the future hold for NA beer? Listen in for Dave's full analysis

Resources

• Connect with Dave Williams, Dave@BumpWilliamsConsulting.com
• Join our financial network of brewery owners and managers