The New England Craft Brew Summit, held in Portland last month drew a record crowd; a testament to the rapidly expanding craft beer industry in Maine. The industry, bolstered by over 90 breweries drove a surging $228 million in economic impact statewide in 2016, with new breweries opening monthly.
With an expanding market comes opportunity, but it also brings competition. As the landscape in Maine quickly becomes more competitive, it is imperative to not only produce a quality product, but to run a highly adept, profitable business. Experienced business owners know that to ensure operations are running efficiently and intelligently they must to surround themselves with information. As margins become tighter, operators must be agile and informed. In a growing industry such as this one, those slow to adapt will be left behind.
At Opus Consulting Group, we are experienced in working in emerging markets and handling unknowns when the industry throws a curveball. We urge owners to analyze financials, familiarize with their margins and compare to industry standards. By implementing customized reporting and metrics, breweries can make fast, informed decisions and stay one step ahead of the competition.
Are you ready to stay ahead of the curve? Contact the professionals at Opus Consulting Group to take your business to the next level.