Monday, January 3, 2011

Investors and more...

So I have a few investors that are willing to invest X amount of money as long as I can provide them with an spread sheet how what I am going to do and how I am going to make money and them money.  I found out a good tool for a good structured plan to pay back investors and possibly get more investors.  Take your Profit dollar amount every month and give your investors up to 50% of that profit until you pay back their investment in full.  Now there are two different things you can do to get them to want to invest.  You can pay them back with an additional interest say 10% interest, or give them stock options which will give them a certain percentage of every profit you make.

I was contacted by Psycho Brewery and a 2 BBL complete system would run me about 8-9K.  I was also emailed by conical-brewery.com and they can ship me a 1 bbl system for just under 3K.  However then I need to build a stand and all that.

I was hoping to sell my uncle or cousin-in-law's wine in more store, but do to Iowa code I found out that this is not possible.  I cannot brew beer in more store and sell anything other than beer. So thats out of the window. I would have to have a seperate store then my brewery for this to happen.  Today I was given a bunch of Corny kegs from a local dealer (THANKS!) saves me a bunch of time and money.  So now I am brewing my beer and putting them in kegs instead of the dreadful glass bottles. SO MUCH EASIER! AND I SAVE TONS OF TIME! He supplied me with all the quick disconnects, hose and poppets I would need. 

Right now I am trying to find out if the state of Iowa will allow me to build a nanobrewery in my back yard out in the country.  I have seen a success story from a guy that did this in California.  It gave him the opportunity to still hold a different job, plus sell his beer. All for now now but hopefully I hear back from IOWAABD.COM soon.

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