Breaking Down the Numbers on Taproom-Focused Breweries
Often a start-up brewery makes the mistake of not paying enough attention to the financial side of the business. You have to understand the key metrics for sales, margins, and operating expenses for the unique business model of a taproom brewery. Kary Shumway not only is the CFO at a successful craft brewery, but he also shares his love of the financial side of craft brewing through his online articles and classes after realizing this critical aspect is a blind spot for many new breweries. Learn what the key accounting and financial guidelines should be for your taproom brewery so you can understand your numbers more accurately. You’ll leave with better ideas of benchmark numbers to keep your business plan more realistic and understand some of key figures to keep in mind to be successful. Click here for the PDF of the presentation.
KARY SHUMWAY
PUBLISHER, CRAFT BREWERY FINANCE
CHIEF FINANCIAL OFFICER, WORMTOWN BREWERY
NanoCon Online 2021
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