4Thought Blog

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How Much is My Brewery Worth? A Valuation Primer

Posted by Andrew Desiderio on Tue, Sep 25, 2018

Whether you’re looking to buy a brewery, sell a brewery, gift some ownership to a partner or successor, or are just plain curious, the question of value is of primary concern. Ask any valuator worth their salt and he or she will tell you, valuation is an art, not a science.

There is no black and white formula for determining what a brewery is worth. However, there are time tested and generally accepted methods within which one can work to derive a fair value.

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Topics: Manufacturing, Business Valuation, Brewers

Think Like a CFO: How Brewers Can Boost The Bottom Line

Posted by Harry Pietrouchie on Thu, Apr 26, 2018

Brewery owners wear lots of hats – in addition to your CEO duties, you may also handle your company’s production, bottling, canning and/or kegging, marketing and hiring. You might even shovel the sidewalks in the winter.

A critical job responsibility that should always be on your mind is that which a CFO handles. Your brewery may not be big enough to warrant having a CFO, but that doesn’t mean you shouldn’t think like one.

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Topics: Manufacturing, Brewers

Brewers Can Now Apply for Pennsylvania’s Malt Beverage Tax Credit

Posted by Andrew Desiderio on Thu, Feb 22, 2018

Pennsylvania is now accepting applications for its renewed Malt Beverage Tax Credit for brewers.

Applications must be filed by April 1. The credit allows brewers to count qualifying capital expenditures against their state malt beverage excise tax liability.

The capital expenditures include equipment or machinery used in brewing. The maximum benefit is $200,000 a year, though any unused credit can be carried forward.

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Topics: Business tax planning, Manufacturing, Brewers

New Federal Tax Law Cuts Taxes for Most Brewers, Vintners & Distillers

Posted by Andrew Desiderio on Tue, Jan 16, 2018

Brewers, vintners and distillers should all say “cheers” to the new federal tax laws.

The Tax Cuts and Jobs Act, signed into law last month, lowers taxes on just about every alcohol producer, including craft brewers, hard cideries and mead makers.

The new tax rates went into effect Jan. 1, 2018 and expire Dec. 31, 2019. Below are the changes:

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Topics: Manufacturing, Brewers, 2017 Federal Tax Reform

Top 10 Tax Tips for Beer Brewers

Posted by Andrew Desiderio and Denise Hozza on Thu, Dec 8, 2016

The craft beer industry is booming. And while consumer demand for craft beer is high, that demand alone probably won’t be enough to make or keep your business successful.

You need to take all the opportunities available to you to save on expenses. And luckily for brewers, there are many tax opportunities you can qualify for.

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Topics: Manufacturing, Brewers

Pennsylvania Budget Includes Renewed Tax Credit for Brewers

Posted by Andrew Desiderio on Tue, Jul 19, 2016

There’s great news for Pennsylvania’s craft brewers – the new state budget includes a very helpful tax credit especially for them.

The malt beverage tax credit provides an annual $200,000 maximum tax credit for qualifying capital expenditures.

The credit was previously available for 35 years in Pennsylvania, from 1974 through 2008. Pennsylvania’s craft brewers have fought hard since to renew it, which finally happened with last week’s budget approval.

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Topics: Manufacturing, Brewers

5 Tax Tips Every Beer Brewer Should Consider for Increased Cash Flow

Posted by Denise Hozza on Thu, Jan 21, 2016

Beer brewing requires a significant investment in equipment and supplies, but there are some great tax benefits brewers can receive for some of these purchases.

There are other tax advantages just for manufacturing products – including beer! – in the United States and for selling your products in multiple states. Growing your sales beyond your state border could save you money – a real win-win for both business growth and cash flow!

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Topics: Business tax planning, Manufacturing, Brewers

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