Know Before You Grow:
A major milestone you will need to establish is to develop your list of wants and needs. A critical component to keep in mind is that you are going to continue to grow, and you don’t want to accidently paint yourself into a corner. As part of your planning, develop a masterplan that aligns with your business plan for the next 5-10 years. Are you going to add additional cellar space? Think you’ll update your brewhouse and drop off brew days? Plan for those now so that they can happen later. By developing a masterplan, you create a tangible vision you can work to with easily achievable benchmarks.
Determine Budget and Timeline:
After you develop your masterplan, it’s time to evaluate your budget and timeline. If you aren’t in the position to knock out the entire expansion in one construction phase, consider breaking it down into manageable phases. People are excited about growth. Every introduction of something new, is another opportunity to reignite your current crowd and attract even more. The important items to focus on first are the main revenue generating portions of the business, so that they can become the means to fund your future ventures.
Surround Yourself with an Experienced Team:
Owners and brewers that accomplish the above points successfully surround themselves with an experienced team that understands your business and industry. It can seem obvious in hindsight for those that have already gone through the process of expansion, but for those that haven’t…equate it to making the decision to hiring a team member with experience brewing beer vs. someone who just enjoys drinking beer…It isn’t exactly an equal prospect. The same principle applies to selecting team members like your Architect, Contractor, Financial Lender, and even the Equipment Vendors. By building up a team of specialists, you bypass the frustrations of having to educate them on your craft, and instead create a network of consultants that bring their experience and knowledge to the table and combine it with yours. Lining up these team members early is one of the best ways to begin an expansion project on the right step.
By taking the time upfront to plan your next steps, you empower yourself and your team to aggressively tackle each challenge with confidence.
FMD Architects is an architectural design firm with national reach that specializes in creating destination breweries, wineries, and distilleries. Mark Moore and Melanie Friedman are principals, and Brian Grafton is the Vice President of the Beverage and Hospitality Studio. For questions and general inquiries, please feel free to reach out at contact@fmdarchitects.com.