We welcome back our friend Chris Farmand, founder of Small Batch Standard, a craft beverage financial agency in Florida with 10+ years experience.
We're talking margins, wholesale and co-packing, OH MY!
In this episode, Chris and I dive into a detailed analysis of brewing strategies, particularly the pros and cons of contract brewing. Chris explained the financial implications of in-house production versus contracting, emphasizing the need for breweries to regularly analyze their costs and pricing. We discussed the challenges of maintaining brand identity and quality while navigating the complexities of contract brewing.
Chris and I stress the necessity for breweries to understand their financial metrics and strategize effectively to ensure profitability, especially in light of current economic challenges.
Give Chris a shout a chris@sbstandard.com
Enjoy!
#beermightythings #smallbatchstandard #contractmanufacturing #copacking