Still working on my business plan! Even though I do not plan on seeking
bank financing, I am really happy that I decided to do a business
plan. It is making me be sure that I have considered all situations.
This should reduce surprises later on. The drawback is I really want to
get started, but I am forcing myself to finish the plan before I do
anything else. Currently I am down to all of the financial projections
in the plan. The start-up costs, revenue projections, P&L
projections, etc.
I had some fun looking at kegs, and was surprised to find that so
many different options exist. Both the new and used keg market appears
to be pretty large. I like the idea of new kegs better than used as
they should have a longer life. The big thing appears to be leasing
programs. Many place offer lease or rent to own offers on kegs. At
first I thought this was going to be a bad deal, where you pay so many
times the cost of the keg over a couple of years. However, as I looked
into this I found I was wrong. The leasing programs appear to be fair
deal, and something I might consider.
What really surprised me was the cost to buy new custom kegs. It is
not much more to have your logo stamped into the side of the keg than to
just buy the plain kegs. Of course it does add up as you buy more
kegs, so the total expense is still more. It is also an extra expense
that might not be needed for a new company, but it was still surprising
to me. They do make the kegs look cool, so it is something to consider.
Lots of companies offer printing of the logo on the side of the keg.
That is nice too, but to have the logo stamped into the metal is pretty
cool. Given that, I am a start up I will probably go with the
printing.
I also
really liked the plastic keg idea, especially in the 1/6 barrel size.
They are lighter and can come in some cool colors. If you plan on
buying new kegs, you can custom order the tops and sides in different
colors. I am seriously considering this option, but need to do a little
more research on how well they hold up and the lifespan of a keg.
I need to find some reviews of different manufactures and use that to
help me decide. With so many different suppliers, I think it will make
the most sense to get a number of bids and use those to help decide
what options to go with.
Wednesday, April 23, 2014
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