The Law of Value
Your true worth is determined by how much more you give in value than you take in payment.

The Law of Compensation
Your income is determined by how many people you serve and how well you serve them.

The Law of Influence
Your influence is determined by how abundantly you place other people’s interests first.

The Law of Authenticity
The most valuable gift you have to offer is yourself.

The Law of Receptivity
The key to effective giving is to stay open to receiving

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How many ounces are in a half barrel of beer? A half barrel is 15.5 gallons. 128 ounces in a gallon, 128 x 15.5 = 1984 ounces about 165 glasses of beer.

What is the cost of an average half barrel at a typical Summer Festival?
The cost of the half barrel is inflated to around $100 for domestic beer and $150 for craft beer for most special events that are serviced by a distributor. The distributors are able to inflate the costs because of their sponsorship of the event and the service they provide to the festival (i.e. manpower, trucks, etc.). The cost is typically inflated by 20% – 50% above retail.

How can you figure out the average profit for each half barrel sold?
The simple math is to take the price of a cup of beer ($5) and multiply by the number of 12oz pours. This number would be 165 – 12 oz pours into 14 oz cups. Unfortunately this does not take into account a few general factors…. Spillage, Random Consumption, and The Friend Factor.

Spillage: The act of spilling a portion of the beer as the cup is filled. Most bartenders want to ‘top off’ the cup so that their customers are happy with the beer/foam ratio. This act typically accounts for between 5% – 15% of the product… lost.

Random Consumption: The act of drinking the occasional beer while working at the beverage booth. This is extremely common at summer festivals. The ‘volunteers’ that work at events feel that they are allowed to sample the product as part of “the deal”. They volunteer for your event and think that it can’t hurt if they just sip a beer or two throughout their shift. Random consumption accounts for about 5% – 10% of the beer in each barrel.

The Friend Factor: This is the act of giving your friends (or people you want to be your friends) free beverages. When people you know come up to the booth… it feels good to give them a couple free drinks.. right? What is the harm… right? Being a bartender has it’s privileges. This causes losses of between 5% – 10% of the beer in each barrel.

So, on the low side, lets say that 15% is lost…. that would equal 298 ounces… or 25 beers. That’s only $125 dollars per barrel… no big deal. On the high side of 30% … that would equal $250+… per barrel. OUCH.

So, if you have it in your heart to Volunteer… please be careful not to cost the charity too much of their profits. It takes a lot of time and money to put on a festival… Volunteer to help… not HURT.

Do not spill the profits down the drain
Do not drink the profits while you are ‘volunteering’
Do not give your friends the profits (free beer)

The post Beer Sales appeared first on StarEvents.

Adding to the quality of life for local residents

• Providing an opportunity for the general public to unite and celebrate

Driving local, regional, and national tourism

• Developing a vehicle to showcase a communities strengths and highlight the fabric of the neighborhood

Showcasing a positive community brand and image to the media, business community, residents, and visitors

• Increasing awareness that offers a positive message to be shared with all

Creating a positive economic impact that translates into jobs, tax revenues, and enhanced infrastructure improvements for the local community

• Enhancing local businesses with an increase in foot-traffic that drives revenue

Providing enhanced exposure opportunities for the arts, not-for-profit causes, and many other community programs and venues

• Creating a vehicle for artisans, local businesses, and community groups to showcase their products and services

Promoting volunteerism and bonding the many elements of the community together

• Giving residents a way to give back to their community

  

Encouraging community investment, participation, creativity, and vision

• Showcasing a footprint to express the arts

Building irreplaceable ‘community capital’ for the future

• Building communities for a better tomorrow!

Neighborhood Festivals Build Communities

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