Stock Your Store Shelves Smartly This Spring

The winter holiday season – which is crowded with Thanksgiving, Christmas, and New Year’s Eve and all the merry get-togethers, gifts, and celebrations associated – may have come to an end, but that doesn’t mean that festive holiday alcohol consumption and gifting has to. Optimism comes with the start of spring, and consumers will look for reasons to celebrate the end of winter and look forward to spring and the new possibilities it promises.

To read the full article – check out The Advisor Magazine – Issue 25.


This Time, Cocktails Really Are To Go?

Remember during the pandemic when pairing takeout with some cocktails-to-go was about as exciting of a night out as you were going to get? And remember when the combo became so popular and so beneficial for struggling restaurants that Massachusetts extended alcohol-to-go for another year? Well, time is running out for restaurants to offer alcohol-to-go, as the extension will end on April 1, 2023. The extension, which was seen as a way to assist burdened restaurants that had suffered through a few tough years during the pandemic, received mixed reviews overall, but many states have made the drinks-to-go allowance permanent, and here in Massachusetts, there is a division in the support of this bill.

To read the full article – check out The Advisor Magazine – Issue 25.


Drizly & Gopuff Join Forces

Drizly, an Uber company, and Gopuff have joined forces to offer immediate, on-demand delivery of drinks to adults of legal drinking age. This partnership brings the full Gopuff assortment of beer, wine, and spirits to Drizly’s beverage alcohol e-commerce platform while also expanding the number of BevMo! and Liquor Barn stores on the platform. The collaboration expands Drizly’s network of partners, offering convenient delivery options, while also expanding Gopuff’s reach by tapping into Drizly’s customer base. The new partnership builds on the addition of Gopuff to the Uber Eats app in 2021 and will provide a more seamless shopping experience for customers.

To read the full article – check out The Advisor Magazine – Issue 24.


Challenges and Opportunities Facing Boston Restaurant Owners in 2023

A recent article entitled “’Another learning year’: What the dining scene will look like in 2023” discusses the questions surrounding the fate of the Boston restaurant scene as 2023 commences. The restaurants that did survive the pandemic brought their creativity and adaptability to the table, so-to-speak, and as they embrace what modifications are worth keeping and following the changing landscape of what customers want, they are also considering the threats of an economic recession and what that means for their business. With these constantly shifting factors in mind, surveyed industry professionals and readers on what they think – and what they hope – 2023 will bring for the restaurant scene.

To read the full article – check out The Advisor Magazine – Issue 24.


Trends For Success In 2023: Liquor Stores, Restaurants & Grocers

The 2022 Retail Report put forth by BevAlc Insights (by Drizly) offers critical information for liquor store owners, restaurant owners and grocery store owners alike as they determine their 2023 inventory. As inflation struggles continue and supply chain issues linger, owners & operators need to be more conscious than ever on how they stock their shelves, what they offer on their menus, and how they are responding to their customers’ needs.

View the magazine article to take a closer look at Drizly’s reported five key findings and how liquor store owners, restaurant owners, and grocers can make 2023 a success – despite ongoing challenges.

To read the full article – check out The Advisor Magazine – Issue 23.


Year of Innovation For The Liquor Industry

Classically known as the time for resolutions, the new year beginning each January typically brings forth pledges to make changes for the better, to set goals, and to make the upcoming year better than the one just past. Here at Liquor License Advisor, we urge you to take a close look at your business, whether it be a lottery-liquor store, boutique wine shop, restaurant, or any variation of these, and to get creative to make 2023 the best year for your business yet. We’d like to share a few ideas with you to get innovative, creative – and successful this year, despite the ongoing challenges presented by inflation and the troubled supply chain.

To read the full article – check out The Advisor Magazine – Issue 23.


Year In Review & Alcohol Predictions For 2023

We had a question and answer session with Dan Newcomb of Liquor License Advisor about the year that’s past and what’s to come for the liquor license industry in 2023.

What was the most common question you got from liquor store owners in 2022? What about restaurant owners?

Over the course of 2022, the most common question that has been a theme amongst liquor store owners is how to maximize the sale price of their store, having sales trending downward since the pandemic. Potential buyers have been requesting 2022 sales because they feel like they reflect earnings before COVID. Since the pandemic, owners have been trying to rejuvenate their business model to stay competitive, and now, with the challenging economy, owners are once again feeling the sense of unsettlement that they had hoped was over. Our team has the knowledge and understanding of the industry, especially during these times, to ensure our clients receive the maximum return on their investment. From start to finish, we help our clients with financial positioning, identifying key team members (attorneys, accountants, etc.), marketing, finding the right buyer, and closing out the sale.

To read the full article – check out The Advisor Magazine – Issue 22.


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