The craft brewery industry is becoming more and more saturated and competitive. Manning Elliott ‘s CPA and business advisors are here to help your brewery every step of the way.
Our CPAs are deeply knowledgeable of the brewery industry and understand the challenges faced by brewery owners—from getting started in the industry, through growth phases to maturity and ultimately to business succession, going public or sale.
Manning Elliott can assist craft breweries with:
Taking you from home-brewer to brewery owner
Inventory costing advising
Business structuring
Software advising
Audits
Tax filing
Applying for Eligible Business Corporation BC tax credits for new investors of your brewery
Manning Elliott is unique in that it offers benchmarking expertise. We can inform you on where your finances and company health stand compared to other breweries through looking at and analyzing your gross margins. For example, our CPAs will advise you on what to do if your brewery’s input costs are too high, or if your brewery is spending too much money on freights and brew staff.
Manning Elliott’s expertly trained CPAs help your brewery to complete its financial statements, as well as provide a compilation and review engagements in accordance with your bank and your tax needs. If your brewery is sizeable or looking to go public, Manning Elliott can also provide an audit of your business. Whatever you need, Manning Elliott can meet those needs.
Did you know we also offer professional services to the Agriculture and Food Services industry?
Our CPAs are concerned with minimizing taxes and maximizing net worth. Tax planning is at the core of what we do for breweries. From filing, to dividends and wages, Manning Elliott wants to help make your brewery as tax effective as possible. Manning Elliott CPAs are experts in excise duty, a specific taxation unique to the brewing industry. We help you understand how exactly you are being taxed on the beer you produce.
