The Craft Beer Business Industry: Why I Chose to Serve This Market There’s no question about the vitality of the craft beer industry in the Pacific Northwest. Just take a look at the numbers: In 2014, this niche market included 221 breweries and 179 brewing companies in 71 Oregon cities alone. In that one year, the economic impact of these businesses totaled a powerful $2.83 billion, and these organizations employed more than 29,000 people. [Source] Now add in their “friends”—the wineries, craft distilleries, and hard cider houses. Whether we’re talking about these “friends,” those highly specialized, Pacific Northwest craft beer businesses, or even the companies creating both craft beer and other niche beverages, many could use help in the accounting arena—and that’s where The Beer CPA comes in! Here are the three primary ways The Beer CPA provides accounting assistance and peace of mind: Knowing the Industry’s Unique Compliance Standards: Between TTB, state authorities, and your local government, it can be a real struggle to stay on top of the ever-changing rules and regulations. Let The Beer CPA help you since we’re already educated in the regulations and can also assist with other tasks, such as income taxes, payroll taxes, and 1099s. While we manage these responsibilities, you can dedicate your time to what’s truly vital: developing the best beverage products possible and growing your business in an effective, results-oriented way. Managing and Supporting Your Business Growth: Change, growth, and expansions often produce challenges, especially with cash flow planning and common investor/lender complications. These are areas where The Beer CPA shines. We work with a network of professionals to assist you in making key connections and getting funded. Coaching and Guidance: I’m often asked why someone should choose a CPA who specializes over an accounting professional who doesn’t specialize. The value of having an industry-savvy CPA primarily comes into play through our combined accounting expertise and business consulting abilities. For example, at The Beer CPA, we field a lot of questions from clients regarding how other breweries and industry partners are handling the various aspects of the business. In addition to handling all the CPA tasks, we’re able to coach these businesses through process improvements, best practices, and other business-development demands. We do this through the lens of a qualified witness, having seen what has worked—or failed miserably—for similar businesses. Think you’re ready to get started? Contact us today.