Some of the ways a US craft brewery can reduce its tax bill

The craft brewing industry in the United States has experienced exponential growth over the past few decades, with a vibrant community of small and independent breweries producing innovative and high-quality beers. However, like any business, craft breweries face the challenge of managing their finances, including tax liabilities. Finding ways to reduce the tax burden can significantly impact a brewery’s bottom line and contribute to its overall financial health. In this article, we will explore some effective strategies that US craft breweries can employ to lower their tax bills while staying compliant with tax regulations…

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20 cost-saving strategies to help craft breweries survive inflation

As the craft brewing industry continues to experience exponential growth, many craft breweries are starting to feel the effects of inflation. With the cost of ingredients and labor on the rise, craft breweries are looking for new and innovative ways to save money and stay afloat in these turbulent economic times. This article will provide 20 cost-saving strategies that craft breweries can employ to help them survive inflation in 2023. Each of these strategies has proven to be effective in helping craft breweries cut costs, increase efficiency, and remain profitable.

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Alternative energy options for the craft brewery

Brewers have long been at the forefront of environmental causes and sustainable initiatives. From recycling to energy-efficient equipment, craft breweries have long worked to leave a minimal footprint in a very resource-heavy industry. The recent shock on fuel prices and rising energy costs along with an aging power grid in many states has caused breweries of all sizes to think about alternative energy sources or bringing equipment in-house to keep the lights on and taps flowing.

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Running on fumes — co2 shortages, higher prices add to breweries’ rising costs

Ongoing disruptions to breweries’ supply of carbon dioxide have made national news on the heels of a decision by Massachusetts-based Night Shift Brewing to outsource most beer production in part because it was unable to source the gas needed to carbonate its beer. Combined with higher costs breweries are already paying for items like aluminum, malt, and packaging materials, the burden of having less CO2, paying more for it, or not being able to carbonate and sell as much beer as planned represents a crisis for breweries’ profit margins.

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Brewery Finance

Today, Rick continues to head up Brewery Finance and combine his vocation with his avocation on behalf of America’s craft beer makers. Brewery Finance has now funded nearly 1,000 craft projects and helped artisan-style beverage makers secure more than $55 million in funding to fuel their growth, success and dreams.

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