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Managing a Retail Beverage Business

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Retail Beverage-Operation Design- Brewery
Please help me by describing how to set it up and manage it in order to make the most revenue.

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Solution Summary

Establishing and managing a retail beverage business are examined.

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For Instructional Purpose Only. Please derive your answer from the example. Thanks.

First, it is imperative to establish the retail beverage operation at a location that would attract the largest target market of the brewery product(s). This will give high degree of certainty that the highest volume of consumers will purchase the product(s), the business will increase in revenue and be profitable.

In addition, as a new business operation, it would be a prudent to sell high quality beverages that must be tested by hired professionals in the industry. Investing in research and development (R&D), analyzing and comparing existing competitors' products and establishing a standard quality control to certify acceptable quality brewery products will help in assuring sales of safe and high quality beverages to consumers. This is an excellent measure of creating integrity for the business, differentiating the products from its competitors and making consumers comfortable with purchasing the products at increased rates. Ultimately, this would increase revenue as long as the ...

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