5 Steps to Prepare for an Economic Downturn
Consumers are currently adjusting their spending habits to adapt to higher costs for just about everything, which can make business forecasting feel like a moving target. However, there are steps that alcoholic beverage brands can take in the meantime to make their operation less susceptible to the effects of a downturn. In this video, David Horwich, Managing Director at GHJ, discusses how businesses can create a thorough action-plan for recession-proofing their business.
What Are Control States
In this video, Park Street University’s Emily Pennington breaks down the concept of beverage alcohol control states. She explains what control states are, how they fit into the U.S. regulatory framework, and how sales are conducted within them. This video also outlines which U.S. control states oversee distribution and which ones also oversee retail.
In this video, Felisha Shakeer, Park Street’s Federal Compliance Manager, assists brand owners in understanding the ins and outs of the Alcohol Tobacco Tax and Trade Bureau’s (TTB) formula approval stipulations. She covers the TTB’s standard formula requirements, including which beverages the TTB looks to evaluate and whether your product might require a sample for laboratory analysis. Whether you’re just looking to get familiar with TTB requirements or figuring out how to successfully navigate an application approval, Shakeer covers all the bases.