Help improve your bottom line with these tax mitigation strategies. It’s almost time to close the books on another tax year, but it’s also time to be open to the many opportunities designed to alleviate your tax burden. Here are a few to get the ball rolling. While these are by no means exhaustive, they […]
Over the past few decades, craft breweries have expanded rapidly across the USA & Canada, with many located in rural and destination settings. While the location can be ideal from a market perspective, the lack of infrastructure can present real challenges for the brewery tasked with providing all major utility services (e.g., Power, Water and […]
As the craft beer industry continues to flourish in the North East, we’re seeing an intriguing evolution – not only in the beers themselves but also in the can formats they’re packaged in. From the O.G. 12-ounce cans to the increasingly embraced 19.2-oz ‘Stovepipes’, and new formats like the 250ml sleek can, the craft beer […]
New York State’s craft beverage industry is on the cusp of a transformative expansion, thanks to the visionary introduction of the Craft Beverage Micro Grant Program by the Empire State Development (ESD). With a formidable funding pool of up to $5 million, this program presents a golden opportunity for small businesses in the craft beverage […]
With 530+ licensed brewers in NY there are more and more appealing craft beer options on store shelves. Most consumers purchase from a brewery they can count on to produce a well-made beer rather than try new breweries. (Consider that “well-made beer” is defined as one that’s free from defects and meets or exceeds needs […]
If you think your brewery is worth $2 million dollars just because your annual revenue is also $2 million dollars, you are likely wrong. If you hope one day to have a successful transition of ownership but do not know the value of your brewery you may be in for a big surprise, and not […]
In the post-Covid world, breweries statewide may be re-evaluating operations, reviewing performance metrics and looking at expansion opportunities. These activities seem timely, given our societal emergence from the pandemic and general desire to find creative and innovative ways to evolve business operations. Now that the first quarter is collectively behind us, we can officially reset […]