Important Announcement
PubHTML5 Scheduled Server Maintenance on (GMT) Sunday, June 26th, 2:00 am - 8:00 am.
PubHTML5 site will be inoperative during the times indicated!

Home Explore HomebrewLab Business plan 26-03-2020

HomebrewLab Business plan 26-03-2020

Published by barryviljoen, 2020-03-31 05:46:22

Description: HomebrewLab Business plan 26-03-2020

Search

Read the Text Version

Business Plan 2020 Manufacturer and distributor of handcrafted beer and spirits “Passionate about creating extraordinary craft beer and spirits” “This document contains confidential and proprietary information created by Homebrew Lab (Pty) Ltd. This document is issued exclusively for informational purposes and should not be reproduced without the consent of Homebrew Lab (Pty) Ltd.

2 <<< Business Plan 2020 < “We combine Welcome to our Business Plan 2020 chemistry, creativity and flavor!” We are truly living in the most exciting era when it comes to the manufacturing and consumption of craft beer, gin and rum. Fin24 wrote an article in August 2019, stating some interesting facts about this unique industry. Consumer’s choice is changing from consuming and buying traditional heritage brands to modern, urban, \"idiosyncratic\" brands. (1) Homebrew Lab fits into this market perfectly. We are passionate about creating extraordinary craft alcohol products. We chose the “Lab theme” because we view craft alcohol manufacturing as being continues experiments. We experiment with different flavours, manufacturing techniques and follow consumer trends closely. Homebrew Lab consist of a brewery, a distillery as well as a trendy urban themed tasting room. We are situated in the heart of Secunda, at Lake Umuzi Waterfront. We manufacture and distribute small batch handcrafted beer, gin and rum from this premises. The tasting room offers a unique tasting experience to all our valued customers. We offer interactive pairings and tastings, “make your own gin”, parties and events and a whole lot more. Our clients can also relax and sip on unique cocktails, made from our own handcrafted alcohol, right on the edge of the waterfront. Homebrew Lab… truly unique products and offerings! 01. The SA liquor market is changing - these are the new favourites, says expert. https://www.fin24.com/Companies/Retail/the-sa-liquor-market-is- changing-these-are-the-new-favourites-says-expert-20190821-2

Business Plan 2020 >>> 3 > Content Business Plan 2020 I. About us / Our Company 02 II. Our Vision, mission statement & strategy 04 III. Team members & Organogram 06 IV. Target Market 08 V. The Industry 10 VI. Our offering 11 VII. SWOT analysis 12 VIII. Business key features 14 IX. Marketing 16 X. Business form & Structure 18 XI. Timelines 20 XII. Financials 22

4 <<< Business Plan 2020 < Homebrew Lab Our vision at Homebrew Lab is to establish Vision a brewery and distillery which delivers Mission Statement premium quality small-batch handcrafted Strategy beer and spirits, to craft alcohol Branding enthusiasts. Our mission statement at Homebrew Lab is to continually strive to produce craft beer and spirits of distinct quality and unique variety, for craft alcohol beginners and craft alcohol enthusiasts alike. The business strategy is to produce premium quality craft products combine chemistry, creativity and flavor, selling the final products to craft alcohol lovers, boutique hotels, specialty restaurants and selected liquor stores. The branding of the product is trendy and current and should awake a sense of luxury and achievement.

Business Plan 2020 >>> 5 > Who are we? More about Homebrew Lab founder Microbrewery NOUN Word forms: plural ˌmicroˈbreweries A small brewery producing beer of high quality, distinctive flavor, etc., usually for local consumption and distribution Microdistillery NOUN Word forms: plural ˌmicroˈdistilleries A small, often boutique-style establishment producing beverage grade spirit alcohol in relatively small quantities, usually done in single batches “Homebrew Lab Homebrew Lab is situated in a town located materials are selected for each product. manufactures in the Highveld of Mpumalanga, called and distributes Secunda. We are nestled in the heart of a What differentiates Homebrew Lab from all premium craft trendy waterfront shopping complex. This the other craft alcohol producers is our beer, gin and complex is where individuals unwind after a distinctive and trendy brand and concept, rum.” hard day’s work, choosing from a variety of our affordable products (which changes restaurants, recreational and sport arenas with the seasons). etc. We managed to secure a long-term lease in this strategic location with Homebrew Lab has three licenses which favorable terms and conditions. includes the microbrewery license, the on- and off consumption license as well as the The location of the distillery is easily distribution license. This enables us to accessible to all customers, raw material firstly manufacture the premium craft deliveries and final product dispatch. The alcohol and secondly to distribute the founders of Homebrew Lab are both product to selected liquor stores, hotels engineers by profession, creative by nature, restaurants etc. The license also enables us gin and beer enthusiasts by chance and to sell on the premises. This is an exciting passionately driven all-round. They venture as tastings and pairings are a great developed a range of recipes which are all way to experience the essence of the authentic and distinctive to the Homebrew premium hand-crafted gin product and to Lab brand. Only the highest quality raw connect with your customers.

6 <<< Business Plan 2020 < Team members Organogram Director (50% Shareholder). Director (50% Shareholder). Andries Doman Barry Viljoen Accounting. Marketing. Administration. Gerrie Buys Professional Andries Doman Shop Manager (To be appointed) Accountant SA Barry Viljoen Design. Legal. Logistics and Suppliers. Barry Viljoen Streicher de Swart Attorneys Andries Doman Staff at tasting room. Cleaning. R&D. Shop manager Outsourced Andries Doman Tasting & pairing assistants Barry Viljoen

Business Plan 2020 >>> 7 > Andries Doman Barry Viljoen Director & Brewer Director & Distiller Andries is an electrical engineer by Barry is an electrical engineer by profession and obtained his B.Eng profession and obtained his B.Eng degree from the University of degree from the University of the Pretoria. He also obtained his B.Eng North-West. He recently obtained Hons degree in Technology his Master’s degree, M.Eng, in management from the same Engineering Management from the University. University of Pretoria. Andries has an immense passion for Barry is a creative person and it brewing beer and delivers consistent reflects in his distilling techniques and unique flavor with every brew. He and recipes. He enjoys recently obtained his Beerx: Science experimenting with different of beer certificate from the flavours and techniques to create Wageningen University and attended one of a kind infusions. the Pilsner Urquell draft beer workshop in Czech Republic. Andries To enhance his distilling knowledge, is truly a craft beer enthusiast. Barry attended various workshops in South Africa. “Logic will get you from A to Z; imagination will get you everywhere.” ~ Albert Einstein ~

8 <<< Business Plan 2020 < Target Market Our competitive advantage Target Market “A target market refers to a group of potential customers to whom a company wants to sell its products and services. This group also includes specific customers to whom a company directs its marketing efforts. A target market is one part of the total market for a good or service.” The opportunity to establish a craft brewery and Homebrew Lab will be open to the public and distillery in the Secunda is exciting and it opens a direct sales will be possible from the premises. world of possibilities. We are the only craft Tastings and pairings will be available at the brewery and distillery company with both micro- premises. Pairings include carefully selected manufacturing and distribution licenses within a nougat, chocolate and other delicacies. radius of 150 kilometers. Extensive resources and energy were spent during the market survey and Nationwide distribution of all our handcrafted feasibility study to locate the area which will beer and spirits will be done. Our online shopping support the establishment and growth of our portal is user-friendly and makes distribution to brewery and distillery. craft alcohol enthusiasts anywhere in South Africa possible. The restaurants located at the waterfront shopping complex will stock the Homebrew Lab Another range of product we target are the brand. We have already engaged several wedding visitor gift sets. The idea is to sell gift sets restaurants and recreational establishments to comprising of three different 50ml gin infusions, setup requirements and supply channels. The beer paired with snacks, packaged in a trendy and Homebrew Lab brand will complement their elegant container. The design of the container offering to their customers as they do not have will be distinctive to the Homebrew Lab brand but craft beer and craft gin as part of their boutique will also have a personalized element to it. Some yet. details of the wedding may be added to the box sets. This will make a great gift for the wedding visitors at any wedding.

Business Plan 2020 >>> 9 > Taproom (pairings & tastings) Nationwide distribution Online sales

100 <<< Business Plan 2020 < “Beer growth continues to be driven by the rise and continued popularity of craft beer, encouraging category premiumisation.” “Creativity is intelligence having fun” ~Albert Einstein~ The Industry The South African liquor market has grown significantly the past 10 The popularity of craft gin gained momentum in 2015 and the years. A shift in the product choice by the consumer is evident, market saw numerous new craft gin distilleries start-ups, like its moving away from the mass-produced and mass-marketed predecessor, craft beer. South African craft alcohol enthusiasts can mainstream spirit brands towards premium quality spirits produced now choose from approximately 200 gin producers and 250 beer by small-scale microbrewers and distillers. This phenomenon producers with an estimated combined annual turnover of R1 provides ample opportunity for South African craft micro- billion. This is great news for all startup breweries and distilleries, manufacturers to enter the market and grow within this space. It is as the potential market share in the South African market is still estimated that the craft alcohol consumption increased with 11% widely untapped. Especially in Mpumalanga with only 7% of craft from 2018 till date. manufacturers in this province.

Business Plan 2020 >>> 11 > Our offering Handcrafted Beer Handcrafted Gin • “X-ray” Pale Ale • London Dry Gin • “Dark Matter” Stout • “White Coat” Ale • Autumn Bliss • “Peroxide” Belgium blonde • Twisted Flower • “Triple bond” Belgium triple • Purple Lime Handcrafted Rum Tasting room drinks • Vanilla & Coffee dessert • Craft beer rum • Craft gin & tonic • Beer cocktails • Coconut rum • Gin cocktails • Rum cocktails • Rum liqueur

12 <<< Business Plan 2020 < Analysis Swot Analysis. Strength Weakness L Strength Weakness Opportunities Threats » Lean start-up configuration » Limited startup capital » Several restaurants and » South African economic climate recreational institutions already » Hands-on directors, producing onboard to order Homebrew Lab craft beer, gin and rum products themselves » Only combined brewery and » Proven and unique recipes distillery of its kind in a 150km radius » Licenses obtained to manufacture and distribute » Distribution license makes national distribution possible » Lease agreement at Lake Umuzi Waterfront has favorable terms

Business Plan 2020 >>> 1313 > Opportunities Threats Analysis Advantages of SWOT Analysis. Homebrew Lab will enter the market as a lean start-up brewery and distillery. This means that only the bare basic equipment will be procured, and strict cost control will be implemented. A big strength is to have two passionate directors who will be producing the craft alcohol themselves. Marketing platforms such as social media will be utilized to reach the target market. These platforms are usually lost cost and can reach a big audience and following. The biggest threat is the South African economy, but this is the reality for all businesses in South Africa. With the director’s financial management education and experience, the risk will be mitigated continuously. The distillery equipment has already been procured and includes a 10kW 200L stainless steel still, bottle washer, bottle filler, fermentation vessels, bottle label applicator, test equipment etc. The next step is to procure a 300L brewery system and to install it at the new premises.

14 <<< Business Plan 2020 < Business Key Features. Value proposition Customer segment Customer relationship Homebrew Lab will produce Homebrew Lab will produce Homebrew Lab will utilize premium quality craft beer, gin premium quality beer, gin and various social media platforms and rum at affordable prices. rum to a niche market of craft to engage the customers. alcohol-lovers. The gin will be sold as 500ml Feedback will be given bottles as well as gift sets The target market is young regarding the products, events (comprising of three 50ml trendy individuals or older and new developments. infusions neatly packaged in a individuals who are young at branded box complete with heart. Individuals with a more A personal, one-on-one serving suggestions). sophisticated and cosmopolitan relationship will be fostered at lifestyle who sets the trends the Homebrew Lab tasting The beer will be sold in 440ml and drives the market. room. The brewing- and bottles (including six packs). distilling-journey will be The beer will also be sold to Continuous market research discussed with the customers, restaurants and other will be conducted to capture from fermentation to the recreational facilities in 30L the needs, demands, likes and bottling of the product. kegs. These kegs will then be dislikes, beliefs and values of connected to the customers bar the identified target market. Tastings will form the basis of taps for easy pouring. This way, Homebrew Lab will the marketing and sales stay relevant and the business strategy. The overall look and feel of can grow proportionally. these products are luxurious and of high value. The gift sets are earmarked to be sold to wedding venues as gifts to the wedding guests.

Business Plan 2020 <<< 15 Knowledge + Expeience + Willingness to learn = Winning recipe Channels Revenue streams Partnerships Homebrew Lab would like to Homebrew Lab will channel the Homebrew Lab would like to sell the premium quality beer, premium quality craft alcohol partner with specialty gin and rum to customers via: products to the clients via restaurants, selected liquor • Direct sales at the various channels, utilizing stores and boutique hotels to revenue streams from: sell the premium handcrafted Homebrew Lab tap room • Direct sale of products alcohol products. • At events (off site) • Through strategic (closed bottle) at the Courier companies will be distillery premises utilized to deliver products partners such as specialty • Distribution of products ordered via the online platform. restaurants, selected via strategic partners such bottle stores, wedding as specialty restaurants, Social media will play a big part venues etc selected bottle stores, in marketing the Homebrew • Via website and internet wedding venues etc Lab brand and its products. sales • Tastings, pairings and » other on-site consumption in the taproom • Via numerous events (off site consumption) • These streams are applicable to both the brewery and distillery. »

1616 <<< Business Plan 2020 < homebrewlab “Social media marketing is about identifying the essence of engagement” ~ Edgerank Checker ~

Business Plan 2020 >>> 17 > Marketing. Marketing is one of the key elements Homebrew Lab must focus on. The trends, the likes and dislikes etc must be captured continuously. This will ensure Homebrew Lab and its products stay relevant and a sustainable business can be ensured. Big focus will be on the “millennials” in the market. The marketing strategy is to foster a great relationship with the customers, utilizing social media platforms like Facebook, Instagram, Twitter etc. Social media communities will be created and maintained. The products will be presented as luxurious high-end craft liquor at an affordable price. The customers must feel a sense of achievement and success when purchasing and consuming the Homebrew Lab products. Social media platforms Advertising and promotion Marketing will be done via the following platforms: Advertising and promotions will be done via the following channels: • Homebrew Lab website • Digital marketing (all social media platforms) • Facebook • Event boards • Instagram • SMS notifications • Twitter • Local newspaper article – Educate about gin, beer and • Digital newspapers the benefits thereof. • Industry partners • Strategic partners (hotels, restaurants, wedding venues and liquor stories)

18 <<< Business Plan 2020 < How will we operate? Business form and structure. The market research indicated that 35% of the current alcohol consumption can be attributed to millennials. Millennials are classified as individuals aged 18 to 34 years old. The baby boomers (aged 54 to 74 years old) accounts for the majority of the alcohol consumption. This is a phenomenon which is not just bound to South Africa but can be seen in Europe and the United States. The millennials might have a smaller percentage consumption, but they have the purchasing power according to the IRI market research report. The report states that the millennials are the driving force behind trends, growing the liquor industry both locally and internationally. An interesting fact about millennials is that Sub-Saharan Africa has the second biggest population of millennials globally, which amounts to approximately 27% of the population. Our liquor sales are thus driven and developed by these individuals. Thus, our target market for our premium handcrafted alcohol products is the millennials of South Africa. When developing the distinctive recipes, the inputs from the millennials will be incorporated. This means that the market needs will be addressed directly, and market satisfaction ensured. It is clear that the high-end liquor outperformed the overall consumer packaged goods sales growth margin. This is despite of sin taxes and VAT increases each year. The alcohol consumption is growing at a rate of approximately 10% per year. This is according to the StatsSA consumer price index figures as well as the South African National Liquor Authority. The Homebrew Lab team is relatively small, as can be expected for a newly established brewery and distillery. The growth potential is huge and thus the potential to appoint more employees are tangible. Organizational type, legal form and Key personnel organogram structure The number of employees is limited for the first year but Homebrew lab is classified as a manufacture of beer and will grow in numbers as the company expands. The key spirits and is thus classified as a micro manufacturer in line personnel are summarized below: with the South African National Liquor Authority (act of • Distiller 2004). The following: • Brewer • Micro-manufacturing license • Shop manager • On-site & off-site consumption license • Tasting room assistance • Distribution license to wholesalers • Cleaner Design and development plans The premises will be divided into the following sections (high level): • Front of house / tasting area (trendy and current) • Distillery & brewery area (window between tasting room and production area to enable customers to see the production of alcohol and feel part of the process) • Storeroom for raw ingredients • Warehouse for finished products • Admin office

Business Plan 2020 >>> 19 > Drawings of premises Risks and assumptions Homebrew Lab is located at the newly developed Lake Umuzi Waterfront. The aim Risks of the new development was to create an “Artistry square”. Other tenants in the • Running out of cash before new development are a deli, bakery, art gallery, wine cellar other restaurants etc. orders are secured The artistry square forms part of the bigger Lake Umuzi Waterfront Shopping • Introduction of another micro- centre. Our premises are 135m² in total and located on the edge of the dam, manufacturer and distributor in making this the ideal venue to sip cocktails and drinks. the same area (competition) • Potential unfavorable industry trends • Manufacturing costs in excess of estimates • Sales projections not achieved • Difficulties encountered in obtaining needed bank credit • Running out of cash after orders are placed Assumptions • Alcohol consumption will increase with 15% per annum for the next 3 years • Consumers will set the trend of new infusions and Homebrew Lab will adapt to market trends and develop recipes accordingly • The operating expenses will remain as estimated.

2020 <<< Business Plan 2020 < Project Forecast Project Timeline. 01. 02. 03. Obtain license, complete Retail at 50% production Retail at 75% production construction & start capacity capacity production Open for business Retail at a target of 50% of production capacity Retail at a target of 75% of production capacity 01 - Obtain license, 02 - Retail at 50% 03 - Retail at 75% complete construction & production capacity production capacity start production November 2020 February 2021 September 2020 » Sell products at 50% of production » Sell products at 75% of production » All required licenses obtained capacity capacity » Construction of premises and décor » Build up inventory. » Develop distribution network complete » Marketing is crucial in this timeframe » Market tap room to promote products » Start production of products and events

Business Plan 2020 >>> 21 > 04. 05. 06. Retail at 100% Expand production Explore opportunities to production capacity capacity produce other spirits i.e. brandy, whiskey etc. Expand production capacity Retail at 100% production capacity Explore opportunities to produce other spirits i.e. brandy, whiskey etc. 4- Retail at 100% 05 - Expand production 06 - Explore opportunities production capacity capacity to produce other spirits i.e. brandy, whiskey etc. May 2021 September 2021 November 2021 » Sell products at 100% of production » Expand production capacity based on capacity market requirements and new product » Start R&D to produce whiskey, brandy etc lines » Optimize existing operations » Sustain existing distribution network and customers, but also explore new avenues.

2222 <<< Business Plan 2020 < Financial Forecast Economics of the business. Homebrew Lab is a combined distillery and brewery. The distillery equipment has already been procured. Funding is required to procure the brewery equipment. Shareholder capital is used to procure the rest of the required equipment, shopfitting, startup ingredients etc. The table below indicates the total equipment required: 01 /// Equipment & shopfitting Description Cost Funding Tables R10 000 Shareholder capital 01 /// R10 000 Shareholder capital Sinks Equipment & Description TapCsost FRu4nd00in0g Shareholder capital shopfitting Tables ColRu1m0n00st0ill SRh1a2re0h0o0l0der capitaSlhareholder capital BotRt1le0w00a0sher SRh5ar0e0h0older capitaSlhareholder capital Sinks BotRt4le0f0il0ler SRh2a0re0h0o0lder capitaSlhareholder capital Taps ComR1p2l0et0e0b0rewery SRh8a2re0h0o0l0der capitaFlunding required Column still Bottle washer ShoRp5f0it0ti0ng SRh2a0re0h0o0l0der capitaSlhareholder capital RefRr2ig0e0ra0t0or SRh2a0re0h0o0lder capitaSlhareholder capital Bottle filler FRu3n0d0in0g0required Shareholder capital Complete breweryVesRs8e2l0s 000 IceRm20a0ch0i0n0e SRh2a0re0h0o0lder capitaSlhareholder capital Shopfitting Refrigerator R20 000 Shareholder capital Vessels TotRa3l 0 000 SharehRo1ld2e5r9c0a0p0ital Ice machine R20 000 Shareholder capital Total R1 259 000 02 /// The depreciation of assets is calculated over an economic life of 6 years utilizing the Operating Cost straight-line method. High-level operating costs: 02 /// Operating Cost Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 R10 500 Rent The depreciation ofRa10ss5e00ts isRc1a0l5c0u0lateRd10o5v0e0r anR1e0c50o0nomRi1c0l5i0fe0 of R610y5e0a0rs uRt1i0li5z0in0g thRe10s5t0r0aighRt1-0li5n0e0 meRt1h0o5d00. HigRh1-0le50v0el R3 000 Utilities R3 000 R3 000 R3 000 R3 000 R3 000 R3 000 R3 000 R3 000 R3 000 R3 000 R3 000 Adverotispinegrating costs: R600 R600 R600 R600 R600 R600 R600 R600 R600 R600 R600 R600 R0 License R0 R0 R0 R0 R0 R0 R0 R0 R10 000 R0 R0 SeRp2-2510 Telephone & Data OcRt2-2500 NoRv2-2500 DeRc2-2500 JaRn2-2510 FeRb2-2510 MaRr2-2510 ApRr2-2510 MaRy2-2510 JuRn2-2510 JuRl2-2510 AuRg2-2510 RR1104 570008 RDeenptreciation RR1140 570008 RR1140 750080 RR1140 570008 RR1104 570080 RR1140 570080 RR1140 570080 RR1104 570080 RR1104 750008 RR1104 750080 RR1140 750080 RR1140 750008 R3R700000 UBatinlikticehsarges R3R700000 R3R700000 R3R700000 R3R700000 R3R700000 R3R700000 R3R700000 R3R700000 R3R700000 R3R700000 R3R700000 AStdavteiorntiasrinyg RR560000 RR560000 LSiucbesncsreiptions RR650000 RR650000 RR650000 RR650000 RR650000 RR560000 RR650000 RR560000 RR650000 R2R000 RR650000 R2R000 TWeelebpshitoenheo&stiDnagta R2R000 R2R000 R2R000 R2R000 R2R000 R2R000 R2R000 R2R000 R10R200000 RR325100 R2R000 RR235100 DAcecporuencitaintigonfees RR321500 RR235100 RR235100 RR325100 RR321500 RR321500 RR325100 RR325100 RR114 270008 RR321500 RR114 270008 BSaalnakricehsarges RR114 270008 RR114 270008 RR114 270008 RR114 270008 RR114 270008 RR114 270008 RR114 270008 RR114 270008 RR235100 R14R700000 RR114 270008 R14R700000 SStuabttioontaalrsy R14R700000 R14R700000 R14R700000 R14R700000 R14R700000 R14R700000 R14R700000 R14R700000 RR114 270008 R45R590608 R14R700000 R45R590608 Subscriptions R47R590608 R45R590608 R45R590608 R45R590608 R45R590608 R45R590608 R45R590608 R45R590608 R14R700000 R200 R45R590608 R200 R200 R200 R200 R200 R200 R200 R200 R200 R55R590608 R200 R310 R1 200 R200 R14 000 R45 968 Website hosting R310 R310 R310 R310 R310 R310 R310 R310 R310 R310 R310 Accounting fees R1 200 R1 200 R1 200 R1 200 R1 200 R1 200 R1 200 R1 200 R1 200 R1 200 R1 200 Salaries R14 000 R14 000 R14 000 R14 000 R14 000 R14 000 R14 000 R14 000 R14 000 R14 000 R14 000 Subtotals R47 968 R45 968 R45 968 R45 968 R45 968 R45 968 R45 968 R45 968 R55 968 R45 968 R45 968

Business Plan 2020 <<< 2323 03 /// Pro-forma statement of comprehensive income Pro-forma statement of comprehensive income for Homebrew Lab for the year ending 31 August 2021 Revenue R987 116 Cost of sales R331 417 Gross profit R655 699 Operating expenses R563 620 Operating profit R92 079 Finance cost R22 000 Profit before tax R70 079 Income tax expense PROFIT FOR THE YEAR R5 606 R64 472 Pro-forma statement of financial position for Homebrew Lab for the year ending 31 August 2021 ASSETS R1 259 000 Non-current assets Property, plant & equipment R25 000 Current assets R20 000 Inventory R45 000 Raw material R0 Finished goods Total inventory R30 000 Trade receivables R75 000 Cash and cash equivalents R1 334 000 Total current assets Total assets R275 000 EQUITY AND LIABILITIES R64 472 Share capital R339 472 Retained earnings Total equity R683 333 Non-current liabilities Long term debt R40 000 Current liabilities R136 667 Trade and other payables R128 921 Short term borrowings Other current liabilities R5 606 Current tax payable R311 194 Total current liabilities R1 334 000 Total equity and liabilities

Business Plan 2020 Contact Homebrew Lab (Pty) Ltd Lake Umuzi Waterfront 1 Kiewiet street Secunda 2302 South Africa Andries Doman Director (Brewery) 082 854 5207 [email protected] Barry Viljoen Director (Distillery) 082 326 4282 [email protected]


Like this book? You can publish your book online for free in a few minutes!
Create your own flipbook