Matthew Schreck Management 511: Financial Decision Making Boston Beer Company April 18‚ 2013 Amelia Drobile Boston Beer Company History and Financial Position Boston Beer Company (SAM) is a brewery in Massachusetts most commonly known for its Samuel Adams line of “craft” beers. The Samuel Adams line of beer was introduced in 1985. Since then the company has grown to do over 580 million dollars in revenue each year. 580 million is a very small piece of the food
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1984 Koch: successful management consultant with the BCG(Boston Consulting Group);but wanted to do his family recipe. He believes : Domestic Microbrewery 可以打败 imported beers的弱点‚ by making consistently high quality---emphasized local character Background : Few craft brewers when BBC began. Critical element of Koch’s plan: use of established brewers’ production facilities: Pittsburgh Brewing Company Benefits : 1. Low starting fee‚ no need to build or buy a brewg facility
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Strength: The biggest strength of the company is the brand image it has among the consumers . Boston Beer ‚ specifically the Samuel Adams ‚well known from the superior quality and expensive ingredients used along with the traditional brewing techniques which give it an excellent flavor ‚ which cannot be easily copied by the other competitors . In addition the use of less water in its products also has given it a positive advantage in terms of product quality . Weaknesses: Opportunities: The
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Financial Statement Analysis- Boston Beer Company FIN 506 FALL 2010 Dan Chenoweth Tatiana Cozma Tawana Johnson Kyle Krukowski 1- INTRODUCTION TO BOSTON BEER COMPANY‚ INC. Ranked #4 during the 2010 US Open Beer Championship and consistently ranked in the top 10 of brewing competitions‚ Samuel Adams Boston Lager is the flagship beer of The Boston Beer Company. Although the Boston Beer Company was founded in 1984‚ the roots of the Samuel Adams Boston Lager are over 100 years old beginning
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The main decision problem for Boston Beer Company is whether or not it should remain in the light beer market. This is followed by four subsidiary decision problems if the answer to main problem is yes: should BBC create a new light beer brand‚ and if so what positioning should it take‚ should they keep Lightship‚ and if yes‚ should BBC maintain or change Lightship’s positioning. The research problems are as follows: it is profitable for BBC to remain in the light beer market‚ what are the growth
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Boston Beer Company Boston Beer Company is the maker of Samuel Adams brand beer and the beer industry’s leading craft brewer. On the year of 1995‚ the Boston Beer filed a registration statement with the U.S. SEC for an initial public stock. Now let’s start from the strategy direction of Boston Beer for analyzing the company. Strategies of Boston Beer Company in its beginning stage of the business were 1) outsourcing beer production facilities instead of building new facilities which requires
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reasons BBC should focus on the light beer market. It is true that their sales were decreasing from year to year but I think there is nothing wrong with the product itself. The problem is on the marketing and management system. It was proved from the result of the consumer taste survey. Most of people said that lightship beer had better taste‚ better color and smell compare to Bud light‚ Coors Light‚ and Amstel Light and the result stated that lightship beer was in the first place. We got almost
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Marketing Plan: The Boston Beer Company Anthony M. King Embry Riddle Aeronautical University Abstract This marketing plan explores the fundamental goals of the Boston Beer Company for status retention‚ market growth‚ and product expansion. The publications and information researched support thorough analysis of the current market‚ product assessment‚ review of competition and current distribution strategies. The company’s threats‚ opportunities‚ strengths and weaknesses
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Boston Beer Company Performance and Competition Boston Beer’s sales performance triumphs over its leading two competitors‚ Redhook Ale Brewery and Pete’s Brewing Company. As seen in the table (appendix 1)‚ BBC achieved net sales of $114‚833‚000 in the year ending 31 December 1994. This was a growth of 48.84% from the previous year‚ compared to Redhook’s 30% growth in net sales to $14‚929‚000 and Pete’s striking growth of 152.02% to net sales of $30‚837‚000. Pete’s impressive growth in net sales
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Accounting Analysis of Boston Beer 1990-1995 Making the analysis using the financial statements and assumptions (since the published reports for this period are not available freely since Boston Beer was a partnership for this duration)‚ we can make the following observations: Boston Beer Co. uses ACCRUAL method of accounting as do all its competitors‚ so comparisons will be easy for investors. ASSETS Since Boston Beer is a contract brewery‚ it out sources its production process to established
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