Overview
Are you a brewery owner or manager responsible for operating your business and its financials without the help of a chief financial officer? Do you already understand the basic concepts of your business’ accounting and finances, but struggle to make the right decisions for your brewery based on its financial results? Attending this workshop will improve your financial management competency and enable you to operate your brewery and its finances more effectively and efficiently. Throughout the workshop, you will also have opportunities to learn from financial professionals in the craft beer industry and connect with fellow like-minded brewery owners and managers.
The purpose of this workshop is to equip brewery owners, managers, and operational staff with the financial tools to accelerate their business. Through guided speaker sessions and breakout discussions, we will cover core topics related to the business and financial aspects of brewery operations. Each attendee will have the chance to use their own brewery information and metrics as we work through topics related to revenue and sales forecasting, cost of goods, operating expenses, and profitability. We will teach each brewery to create their own high-level budget and Key Performance Indicator (KPI) dashboard. By the end of this workshop, attendees will be able to take the financial management tools they created back to their breweries in order improve the financial health and success of their businesses.
Capacity is limited, so please register early! Lunch will not be provided.
Schedule – Sunday, April 21 | |
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9:00 am – 9:15 am | Welcome & Introductions |
9:15 am – 10:05 am | Financial Accounting Introduction |
10:05 am – 10:15 am | Cash / Accrual Income Statement Exercise |
10:15 am – 10:55 am | Managerial Accounting Introduction |
10:55 am – 11:05 am | Overhead Rate Exercise |
11:05 am – 11:45 am | Projecting Revenue |
11:45 am – 11:55 am | Revenue Projection Exercise |
11:55 – 1:25 pm | Break for lunch on your own |
1:25 pm – 2:15 pm | Budgeting |
2:15 pm – 2:25 pm | Budgeting Exercise |
2:25 pm – 3:15 pm | Key Performance Indicators (KPIs) Dashboard Build |
3:15 pm – 3:25 pm | KPIs Exercise |
3:25 pm – 4:00 pm | The Little Brewery That Could (Stories of Financial Perseverance and Tenacity) & Wrap Up |
Welcome Reception
Available as an add on with a Full Conference or BrewExpo Only registration
BA Member Pricing:
$35
Nonmember Pricing:
$40
Business Financial Leadership Workshop
Available as an add on with a Full Conference or BrewExpo Only registration
BA Member Pricing:
$249
Nonmember Pricing:
$359
THRIVE Workshop
Available as a standalone option without Full Conference or BrewExpo registration
BA Member Pricing:
$159*
*$99 for an additional registrant in the same group, after the first one at the standard price