Money Matters

The Pandemic Effect:

One of my many hobbies has been an interest in old-time radio. Something about those stories that manage to paint vivid pictures with just the spoken word appeals to me. Some nights I have Alexa play some of these...

A Spirited Voyage

As most distillers know well, Uncle Sam makes a pretty penny on each bottle of alcohol manufactured in the United States. Federal excise taxes on distilled spirits are higher than those imposed on almost any other consumer good. When...

Avoiding the Pitfalls of Partnerships in the Distilling Business

Craft distilling is the heart and soul of the alcohol movement. Many craft distillers began as hobbyists, keeping their day jobs while focusing night and weekend efforts on perfecting their spirits. And those efforts paid off: the industry is...

The State of Our Bar Community is Dire

It’s a terrifying time for all. But it’s a dire time for small businesses, especially our beloved restaurants and bars. Not only do our independent restaurants and bars bring the color and literal and figurative “flavor” to each of...

The Recession Will Not Be Televised… Prepare for it Now

Congratulations! You have chosen to be a distiller! If you are like most people, you got into the craft-spirits business for the love of the craft and the spirits, not the business part. While being a distiller means long...

Distillery Insurance

Whether you are brand-new to the distilling industry or if you have been making products for years and distributing on a national level, one of the greatest considerations that you should take into account is your insurance coverage. I...

Laying Down Barrels Managing Cash

The challenges associated with managing cash while producing and barrel-aging whiskey can be enormous. Distilling single malt whiskey is not just my business, it is my passion. I’ve been trained in the art and science of brewing and distilling, and...

A Contractor’s Guide to Building a Distillery

The road to success is always under construction. —Arnold Palmer The advancement of any craft requires constant tweaking and fine-tuning. With distilling we find this to be literally true as well. A production facility must have a well-built foundation, properly plumbed...

Life After Acquisition or Investment: The Decision & the Aftermath

Check the industry news headlines from the past few years and you’d be forgiven if you thought there was an ongoing game of distillery dominoes taking place. First one falls—acquired by or invested into by one of the major...

Mr. (Smith) Distiller Goes to Washington

It was my privilege to represent ADI at the recent Public Policy Conference hosted by the Distilled Spirits Council and the American Craft Spirits Association in Washington, D.C. Several dozen distillers joined the more than 100 delegates that walked...