Hops and Ledgers - Reopening Your Brewery Amid the Coronavirus Crisis

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Welcome to the Hops & Ledgers Podcast!

Hops & Ledgers is a series of quarterly podcast episodes that will focus on the business aspects of the craft beverage industry.  Presented in partnership with Wipfli CPAs and Consultants, each episode will cover a different area of interest to launch or grow your brewery.

Wipfli CPAs and Consultants

Reopening Your Brewery Amid the Coronavirus Crisis

Speakers on this episode:

  • Chris Herron | CEO | Creature Comforts Brewing Co.
  • Eric Hashberger | Director of Retail Operations | Weldwerks Brewing Co.
  • Pat Tuley | Partner/CPA | Wipfli, LLP
  • Justin Wenzelman | Partner/CPA | Wipfli, LLP
  • Tim Dennis | Host | Beer Guys Radio (Moderator)

On Episode 1 of Hops and Ledgers we discussed the financial resources available to brewers as we entered the coronavirus shutdown.  As the crisis continues many breweries are looking at ways to reopen their taprooms.  In this episode Chris Herron and Eric Hashberger share their expertise on several subjects related to reopening your brewery.

Topics discussed:

  • What brewers have changed, and not changed, during the pandemic
  • How each brewery has fared through the pandemic
  • Specific items each brewery implemented to adjust their business
  • What reopening taprooms may look like
    • What steps to take for the safety and health of employees and guests
    • The impact that the lack of legal protection from Covid-related infection has on business decisions
  • What risks need to be addressed
  • Any challenges that may be unforeseen by some
  • Additional financial resources to help brewers as the pandemic continues
  • What day-to-day things will be different as breweries reopen
  • Adapting to create the best customer experience
  • Alternate sales methods during/after coronavirus
    • CraftCellr, curbside pickup, local delivery, shipping
  • Impact on business plan for direct sales vs. distribution
  • How this may impact the future of beer festivals

Additional Resources

Have Questions?

Please contact your financial advisor with any questions or reach out to Pat Tuley or Terry Hoover at Wipfli for assistance.

Legal Disclaimer

The information included and discussed in this presentation is general in nature and should not be relied upon in providing tax or legal advice without independent research and analysis.

Tax  and legislative policies are ever evolving.  Current updates to information and analysis included and discussed in this presentation should be considered.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

 

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