Serving the needs of craft brewers
Did you know…
…you can fund a significant portion of
a new brewery through tax credits?
…distribution rights are about more
than moving your product?
Baker Tilly refers to Baker Tilly Virchow Krause, LLP,
an independently owned and managed member of Baker Tilly International
© 2010 Baker Tilly Virchow Krause, LLP
We understand craft brewers
At Baker Tilly, we’ve crafted a team of
professionals who specialize in helping craft
breweries grow to the next level. We have the
resources nationally and the craft beer
knowledge to add value to your brewery. Like a
good craft beer, we too have a warning label.
WARNING: Working with the Baker Tilly Craft
Brewery Team may cause success to follow.
Success may cause a desire to get drunk. Baker
Tilly is not responsible for any mischief caused by
pending success and drinking thereafter.
Financing for growth
How can I offset the cost of a new brewery?
> Traditional bank financing
> Fundraising from investors
> Financial modeling
> Tax credits and incentives
Client : National craft brewer
Services provided
>
>
Cost segregation study for new Greenfield plant in
southeastern US
Credits and incentives review, estimation of
renewable energy tax credit at new brewery
Client benefit
>
>
Minimized real estate taxation and optimized
depreciation benefits
Maximized the amount of tax credit, eligible cots
and derived the most benefit from anaerobic
digester project
Distribution rights
Should I be my own distributor or find a distribution partner?
>
Identify potential distributors
>
Value distribution rights
>
Negotiate best distribution agreement
Client: Beer distribution group
Services provided
>
>
Assistance with multi-distributor
agreement in effort to purchase
Distribution Rights to Craft Brewery
Assistance with financial modeling to
support cash flow and financing
needs, and acquiring financing with
senior lenders
Client benefit
>
>
Expand brand rights and distribution
capabilities
Cross wholesaler agreements
Solving wastewater and energy issues
Do you need help with your wastewater and energy challenges?
> Is the growth at your current facility limited by your level of water discharge?
> Are municipal electrical or water rates hurting your bottom line due to surcharges?
> Have you looked at best case
ownership for these assets?
Client : National craft brewer
Services provided
>
>
Cost segregation study for new Greenfield plant in
southeastern US
Credits and incentives review, estimation of
renewable energy tax credit at new brewery
Client benefit
>
>
Minimized real estate taxation and optimized
depreciation benefits
Maximized the amount of tax credit, eligible cost
and derived the most benefit from anaerobic
digester project
Minimizing tax burden
How can I pay less when I file my taxes?
>
Tax planning
>
Cost segregation
>
Facility depreciation
>
Credits and incentives reviews
Client: Regional bottling company
Services provided
>
>
>
Financial statement audit
Employee benefit plan audit
Tax planning, including cost
segregation and facility depreciation,
shareholder transitions – including
buying out owners – federal and state
tax return filing
Client benefits
>
>
Increased tax savings
Assistance in shareholder transitions,
buyouts, and potential acquisitions
A sampling of our services
Distribution rights and
structuring negotiations
Energy and waste
Brewery site selection
>
Procurement and offtake
>
>
Identify distributors
>
CHP strategies
Federal, state and local tax
credit review
>
Value distribution rights
>
>
Negotiated incentives
>
Negotiate best distribution
agreement
Public/Private Partnerships
for infrastructure
>
Supporting infrastructure
negotiation
>
Financing and feasibility
Minimizing tax burden
Financing for growth
Additional services
>
Cost segregation
>
Traditional bank financing
>
>
Shareholder transitions
>
>
Tax planning
Fundraising from private
equity or lease companies
Project Development
Support
>
>
Facility depreciation
>
Credits and incentives reviews
Financial modeling for
lender underwriting
Systems review, selection,
and implementation
>
Financial reporting
>
Accounting Assistance
>
We are also ready to assist with: OrchestratedBEER | SAP | QuickBooks | Dynamics | Cloud | SAAS
Our Craft Brewery team
Our dedicated team of craft brewing specialists – our “brew crew”–
are here to assist, no matter where your business may take you.
Scott Ebert, CPA
Partner
West/Midwest Region
612 876 4600
[email protected]
Lori Catapano, CPA
Partner
North Atlantic Region
631 719 3321
[email protected]
Cory Wendt
Senior Manager
Midwest Region
608 240 2677
[email protected]
Steve Lawson, CPA
Senior Manager
East Region
703 923 8556
[email protected]
Baker Tilly refers to Baker Tilly Virchow Krause, LLP, and independently owned and managed member of Baker Tilly International. The information provided here is of
a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances
© 2014 Baker Tilly Virchow Krause, LLP
About Baker Tilly
National resources
>
>
>
More than 1,600 staff members firm wide, including 189 partners
Major offices in Chicago, Detroit, Minneapolis, New York, Washington
DC, and Wisconsin
One of the 20 largest public accounting firms in the US, according to
Accounting Today’s 2013 list of “Top 100 Firms”
Local impact
>
With craft brewing specialists located throughout our offices, you will
work with professionals who are well-versed in your industry and
familiar with your market
Industry involvement
>
>
>
Brewer’s Association
Minnesota Craft Brewers Guild
National Association of Wholesale Distributors