As many breweries face closures and the craft beer scene in San Diego becomes increasingly challenging, this episode of the Capital Craft Podcast offers a beacon of guidance. Hosts Eric Fowler and Jeff Fox are joined by Derek Smith, a brewery consultant from Small Batch Standard, who brings critical financial insights to the table. Derek delves into how breweries can navigate the tricky waters of rising costs and market saturation, emphasizing the importance of a solid financial strategy to ensure sustainability and growth.
Topics Covered:
Navigating financial challenges in the craft beer industry.
Effective strategies for managing rising operational costs.
Analyzing the impact of market saturation in mature versus emerging markets.
Leveraging financial metrics for proactive business planning.
Exploring revenue streams: The financial dynamics of taprooms versus distribution channels.
Learn more about Small Batch Standard at: https://sbstandard.com/