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Hosts Tim Dennis and Brian Hewitt bring you interviews and insights from the amazing people across the world of craft beer.  Fun and lighthearted discussions meant to educate on a variety of topics including new beer releases, brewery happenings, beer laws, homebrewing tips, and a whole lot more.  Sit back, crack open a cold one, and tune in every Saturday for the Beer Guys Radio Show!

Mar 14, 2018

Presented by the Georgia Craft Brewers Guild the "Dreamer's Workshop" is a two-part series aimed at educating breweries-in-planning (or dreaming) on navigating the process of opening a brewery.  Aimed at Georgia-based brewers, most of the information will be valuable to brewers in every state.

In Part 1 we'll hear from experts in the legal, banking, and accounting/tax fields.

PANELISTS

  • Taylor Harper | TFH Beverage Law
  • Jason Sleeman | Fifth Third Bank
  • Pat Tuley | Porter Keadle Moore Accountants

TOPICS INCLUDE

  • LEGAL
    • Operating within the three-tier system
    • Tied-house laws
    • Franchise law
    • Licensing and permitting
    • Distribution and selecting a distributor
    • Brand registration / ATT-104 filing
  • FUNDING AND BANKING
    • Credit and background checks
    • Equity injection
    • Investors
    • Construction costs
    • Location selection
    • Equity vs debt
    • Choosing the right size loan
    • Financial guarantees
    • Collateral
    • Repayment sources and terms
    • Managing growth (slow start vs growing too quickly)
    • Financial repercussions of quality issues
    • Understanding your competition
    • Evaluating your experience level
    • Cost of labor
  • ACCOUNTING, TAXES, AND CORPORATE ENTITIES
    • "First things first"
    • Shifting objectives as your business grows
    • Choosing a brewery or brewpub, financial considerations
    • Crafting a business plan
    • Evaluating capital needs
    • Choosing the right funding sources
    • Evaluating the proper use of funds
    • Choosing your business entity (LLC, LLP, S-Corp, C-Corp)
    • Partnering with the right professionals (Banker, CPA, Attorney)
    • Understanding tax structures
    • Choosing the right accounting software

Be sure to check out Part 2 of the Dreamer's Workshop series where we talk with professional brewers about what they wish they'd known before starting their brewery.