This presentation provides an overview of starting a craft brewery business, including information on the market demand, business opportunities, target customers, competitors, production process, stakeholders, and financial projections.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
BUSINESS PLANNING
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
BUSINESS OVERVIEW As this business has been growing very rapidly across the US and UK. The independent, small and commercial breweries has been emerging in marketplace. The demand of such product has been rising so much that's craft brewery has been selected for the new business idea. Craft brewery is the brewery which produce minimum amount of the beer that is typically owned. This can be generally classified on the basis of there flavour, quality and the technique of brewing which is further used. Nowadays beer had become the most common part of individuals life for celebration, regaining pain, parties etc., so the craze of beer has been enhanced too much. More and more consumer opts variety of brands as per their taste. Once consumer is addicted to particular brand then they will not pursue any other one so it had created a great opportunity for setting up these business. By providing a great flavour and taste huge customers can be attracted to the brand. Thus, with the help of Craft brewery company they can own their brewery business and creating further opportunities & experimenting several flavours of the beer. Yes, with the help of effective methods it can be effectively produced and sold at cheap price as compare to other business available in the market. So with the immense strategy business could be successfully implemented and gain huge success further.
CONTD. Starting a new brewery plant is surely most expensive and thus most of the entrepreneur had planned to launch it, but they couldn't due to low start up capital. So further they had a option for starting craft brewery business further. The craft brewery is also known as microbrewery. Craft brewery that it is known as some quarters of plant which produces little amount of the beer over a particular time. It is a small brewery and can't be compared to big brewery plants. An entrepreneur who has been having enough cash and techniques of brewing could easily start their own microbrewery business. Microbrewery can be characterized by emphasizing on their special favour, beer's quality and technique of brewing. The brewery who has capacity for producing less than 15,000 barrels of the beer annual are counted under microbrewery or craft brewery. That's the reason wide range of entrepreneur has been attracted towards his business as it needs minimum amount of cost as compared to the standard brewery.
TARGET CUSTOMER Consumer profile: Youngsters (18-27): All these are the students who are pursuing their study and young generation of the nation who are rapidly movingfurtheradoptingthedrinkinghabitsin themselves. They will be visiting the restaurant our pub and enjoying it there. They do not have any household income as they are fully depended on money which is given by their parents. No they don't have kids. They are single youth having their career.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
CONTD. Youngsters are nowadays moving towards the trends and adopting the drinking habits as trend in society. Thus, the product of company is probably liked or pursued by them effectively. They try to opt different taste and one of them can become more favourable for them. To attract youngsters promotions and advertisement can be done on various social media websites and events etc., so that they can attract them significantly. Unique flavour and taste with cheap price can attract wide range of youngsters top purchase the beer and enjoy it. For organizing event venue and caterers could be booked and further. It will be needed to have invitations to youths for coming and enjoying the live concert and where they can easily promote their brand among huge public. For organizing concert and events it will be costing£5000
COMPETITORS Molson Coors Beverage Company The company will be competing with its unique feature. Consumer are attracted towards them as they provide wide range of unique feature. Byprovidinguniquefeatureinbeerconsumercanbe switched. This can be done by enhancing research and quality if beers production.
PRODUCTION OF PRODUCT The company will be manufacturing beer with the traditional method of making beer. Company will be having a great emphasis on the producing the quality products and services. They raw material are being collected from suppliers and then taking this to the production department where this raw material will be furtherproceededandconvertedintothefinished goods. Then they are packed into bottle after quality check and transferred to the own restaurant and pub. The equipment will be needed are fruits, raisins and severalingredients.Theywillbetransportedto production site through trucks.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
FINANCIAL PROJECTION From the above financial projection it can be stated thatthefinancialpositionofbusinessinfirstsix months will be average but after 6 months company will be having a profit of£23988 after the deduction of all set up and operational expenses. Overall it can be assumed that business will be profitable and could have immense growth in marketplace.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser