Craft Brewery Financial Training Podcast
Financial Intel Brewed Daily
Episodes
Brian Deignan shares how his brewery, Validation Ale, achieved 29% growth last year through systematic innovation and strategic expansion while he, as an owner, maintained a Monday-Friday, 9-5 work schedule.
Brian explains his unique concept where beers compete for menu placement based solely on sales data, and his methodical annual process for identifying growth opportunities.
• Validation Ale's competitive model for...
Each month, the Beer Business Finance Association will shine a spotlight on one exceptional craft brewery to explore what makes their business thrive.
In this exclusive conversation, we hear from Jake Lohse, Founder of Presidential Brewing.
We go beyond the beer to uncover best practices, smart financial strategies, creative sales tactics, and the real-world lessons they've learned.
This is your front-row seat to learn from pe...
Today on the podcast Brynn Keenan from Grist Analytics talks brewery operations, data-driven decision making, and how Grist helps breweries improve performance.
Grist Analytics provides data-driven solutions that help breweries optimize their production processes by transforming raw brewing data into actionable insights.
Their platform enables consistent quality, improved efficiency, and reduced waste through real-time monitoring an...
In today's podcast you'll learn how MarginEdge gives you accurate insight into taproom profitability on a daily basis—no waiting for end-of-month reports.
What are your most profitable menu items?
Where are costs increasing and eating into profits?
How do we get everyone talking about the numbers and helping achieve financial success?
You'll get answers to these questions and more to help your increase taproom profit...
Today on the podcast we talk loyalty programs, memberships and recurring revenue strategies with Ross Stensrud from Tapwyse.
Tapwyse creates custom apps to create predictable and repeating income for your brewery business. Need a solution for slow seasonal business cycles? Tapwyse can help.
Key Points
- How to use the $1 beer to get a 17x return on investment
- Flash rewards: How to use push notifications to instantly reward customers...
Today on the podcast we hear from Chris Dial, Insurance Specialist at CS&A insurance and Owner of Wanderlinger Brewing Company in Chattanooga, TN.
Chris knows the brewery business as an owner and operator of Wanderlinger. And now he's using his skills and experience to help other brewery owners properly insure their businesses with the right coverages at the right price.
Summary
- Insurance cost-savings opportunities you m...
Credit card processing fees can eat away at your brewery's profits, but expert Patrick MacLellan from Merchant Cost Consulting shows how you can save an average of 20% on these costs without changing your current processor or disrupting operations.
Summary
• 3 main fee components: interchange charges from card brands, processor markups, and miscellaneous fees
• Why most businesses are overpaying – processing s...
Today on the podcast we hear from Michael Ly, CEO of Reconciled accounting services.
Michael and I talk about why bookkeeping is so important to your brewery business and how to evaluate outsourcing this key function.
Key Points
- Pricing and process for outsourced bookkeeping
- Common pitfalls with brewery bookkeeping
- Software tools to keep the financials running smoothly
- Financial standard operating procedures
Resources
Today on the podcast you'll hear the audio version of our brewery financial round table meeting.
Our financial round table is a place to ask questions, get answers, share ideas and best practices.
In this episode, we explore tactics, tips and strategies to increase customer traffic, grow average check size, and encourage repeat visitors.
Key Points
Jon Reynolds from Brew Plan joins us today to talk strategic planning and keys to marketing success for breweries.
At Brew Plan, Jon works with brewery owners on pricing strategy, market analysis, concept development, and sales forecasting.
Summary
- Biggest brewery marketing mistakes...and how to avoid them
- Customer buying trends and how breweries can position their brands for success
- Specific marketing tactics that really move the ...
Today on the podcast you'll hear the audio version of our brewery financial round table meeting.
This month we focus on how to how to analyze your financial statements to unlock profitable opportunities.
In our monthly workshops, brewery owners and managers share ideas and best practices to improve profits and cash flows. To join our membership or learn more, visit the Beer Business Finance Association.
Summary
- How to use ...
Today on the podcast we reveal the Secret Formula to Create a Successful Brewery with Jake Lohse, founder of Presidential Brewing Company.
Jake is the author of the book Shifting Gears, and founder of the Legendary Success Academy.
Summary
- The 4 key factors to a successful brewery
- Creative funding for a start-up brewery
- Strategies to bring guests back to your taproom again and again
Resources
- Connect with Jake, jake.lohse@p...
For the first time, in a long time, more breweries are closing than opening.
One of the success factors for breweries that survive and thrive vs. those who do not, is a feasibility study.
Jon Reynolds from Brew Plan Marketing specializes in feasibility studies, market research, and data gathering.
In today's podcast, Jon shares trends, growth areas, and the details of how to build a feasibility study for brewery success.
Summ...
Today on the podcast we hear from Bob Higgins of P3 Cost Analysts. Bob and his team specialize in identifying and reducing over-spending in your business.
We talk all things expense management, cost reduction strategies, and share ideas on how your brewery can save money.
Highlights
- Bob's process for identifying and eliminating unnecessary expenses
- Biggest cost-saving opportunities that companies commonly overlook
- The most ...
This month in our brewery financial round table meeting we take a deep dive into financial standard operating procedures.
Financial SOPs help you create complete, timely, and accurate financial statements so that you can make better business decisions.
Highlights from our session:
- Use this hack: Rather than writing out a long SOP, use a screen recorder and show how the process is done
- Follow a simple SOP template: Define the goal o...
In today's podcast we review the Top 12 Financial Challenges facing Craft Breweries.
This list was assembled by our network of brewery owners and managers in the Beer Business Finance Association.
In the podcast, I review each challenge and provide one thing you can do right now to help overcome the difficulty in your beer business.
The Top 12 Challenges:
- Cost management. How to implement cost controls and identify areas for...
On today's podcast you'll hear the audio version of our brewery lease negotiation workshop.
You'll learn strategies and best practices to tackle a lease negotiation (or re-negotiation) for your brewery.
Key Points
- Lease terms, definitions, what you need to know
- How to build 'optionality' into your brewery lease
- Triple net lease watch-outs
- Negotiation strategies and tactics
Resources
Today on the podcast we hear from Dave Williams, the Analytics Czar from Bump Williams Consulting.
Dave provides a recap of 2024 beer industry data, trends, and insights. We also cover “Dave’s Top 7”. These are the hot topics that he's been hearing about recently in the beer business.
Key Points
- Growth in non-alcohol beer and ready-to-drink products
- On-premise results
- Health guidelines and the impact of tariffs
- Trends in cannabi...
In today's podcast you'll hear the audio version of our workshop on brewery expense management and cost cutting tactics.
We hold these workshops monthly for our Beer Business Finance Association members. If you'd like to join 150+ other breweries in financial success, learn more about membership packages here.
Key Takeaways
- 2 cost analysis models to identify and reduce unnecessary spending
- 5 co...
Today on the podcast Chris Overlay from Get Hoptimized delivers a master class in brewery marketing.
You'll learn how to build your brewery sales forecast and super charge results with a best-in-class marketing plan.
Key Points
- Sales forecasting best practices
- Brewery revenue drivers and key metrics to simplify planning
- Tools and models to build a comprehensive marketing plan
- Tactics to align sales and mark...
Popular Podcasts
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
The latest news in 4 minutes updated every hour, every day.
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Clay Travis and Buck Sexton Show. Clay Travis and Buck Sexton tackle the biggest stories in news, politics and current events with intelligence and humor. From the border crisis, to the madness of cancel culture and far-left missteps, Clay and Buck guide listeners through the latest headlines and hot topics with fun and entertaining conversations and opinions.
Listen to 'The Bobby Bones Show' by downloading the daily full replay.